Ethereum Co-Founder Calls ‘the Cryptobottom of 2018’
A recent Twitter thread from Ethereum’s co-founder calls “the cryptobottom of 2018,” defends ConsenSys layoffs Go to Source Powered by WPeMatico
Cryptocurrencies
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Bitcoin ATMs Double in Number This Year
For a markedly bearish year, 2018 turns out to have been pretty good for the spread of cryptocurrency teller machines. The number of bitcoin ATMs around the world has approximately doubled in the past 12 months. More than 4,000 devices in almost 80 countries are now exchanging fiat money for digital coins. Also read: … Read more
Following Crypto Mining Crash, GPU Producer Nvidia Worst Performer in S&P 500
Decreased profitability in crypto mining has adversely affected GPU producer Nvidia, which is the worst performer in the S&P 500 in Q4 2018 Go to Source Powered by WPeMatico
Bitfinex Crypto Exchange Launches Margin Trading for Stablecoin Tether
Hong Kong-based crypto exchange Bitfinex has introduced margin trading for its associated stablecoin Tether Go to Source Powered by WPeMatico
US Lawmakers Introduce Bill to Impose Sanctions on Iranian National Cryptocurrency
A bill in the House of Representatives calls to impose further sanctions on Iranian financial institutions and its national digital currency Go to Source Powered by WPeMatico
Russian Finance Ministry Considers EAEU Digital Currency ‘Inevitable’ Due to US Sanctions
Russia’s Ministry of Finance believes that creation of a single digital currency backed by Eurasian Union is inevitable due to U.S. sanctions Go to Source Powered by WPeMatico
Officials at Top Korean Cryptocurrency Exchange Upbit Indicted for Fraud
Officials at South Korea’s largest cryptocurrency exchange, Upbit, have been indicted for fraud. They allegedly made bogus crypto orders worth approximately $226 billion and sold 11,550 BTC to around 26,000 investors. Upbit has denied the charges and insisted that it did not commit fraud, engage in wash trades, or trade cryptocurrencies it did not own. … Read more
Markets Break Streak of Green, Most Top Coins See Mild Corrections
Crypto markets have broken their five-day streak of green, with many of the major crypto assets seeing mild corrections at press time, and Bitcoin circling $4,000 Go to Source Powered by WPeMatico
US Lawmakers File Bill to Exclude Cryptocurrencies From Securities Definition
Two U.S. congressmen have introduced a bill aimed at amending the country’s securities laws to exclude cryptocurrencies from the definition of a security. The bipartisan bill also seeks to adjust taxation and create tax exemptions for certain cryptocurrency transactions. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Bill Introduced U.S. Reps. Warren … Read more
Thai SEC Plans to Relax ICO Regulations
The Thai Securities and Exchange Commission (SEC) is reportedly planning to ease the country’s regulation for initial coin offerings. The regulator is conducting a public hearing to relax rules on pre-sales and private token sales. The commission has also unveiled plans to prevent the exploitation of token sales. Also read: Indian Supreme Court Moves Crypto Hearing, … Read more