Markets Update: Crypto Markets Continue to Spike Higher

Markets Update: Crypto Markets Continue to Spike HigherCryptocurrency markets are on the rise again this weekend as the total market capitalization of all 1,500 digital assets touches $465Bn. Bitcoin core (BTC) volumes are still lower than a few weeks prior but bulls have managed to press past resistance reaching a high of $11,480 during last night’s trading sessions. Also read: Crowdfire Founders Plan […]

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Venezuela Claims Petro Cryptocurrency Has Raised $3bn from Investors in 127 Countries

Venezuela Claims Petro Cryptocurrency Has Raised $3bn from Investors in 127 CountriesThe Venezuelan government has made some new claims about the pre-sale of the country’s oil-backed cryptocurrency, the petro. After one week, President Nicolas Maduro said that the petro had raised $3 billion from 171,015 certified purchases, from investors in 127 countries. The majority of the orders were in dollars, followed by bitcoin and ether, according […]

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Over 100 Firms Seek Licenses to Operate Cryptocurrency Exchanges in Japan

Over 100 Firms Seek Licenses to Operate Cryptocurrency Exchanges in JapanThere are over 100 companies reportedly waiting for the Japanese Financial Services Agency to approve their registrations to operate cryptocurrency exchanges. While only 16 exchanges are fully licensed in Japan, the agency has allowed another 16 to operate without a license for the time being. However, going forward, only those with sufficient safety and customer […]

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Goldmoney Launches Ether and Bitcoin Cash Cold Storage

Goldmoney Launches Ether and Bitcoin Cash Cold StorageAs cryptocurrency investing is becoming more mainstream, it keeps attracting wealthier and more cautious established players. To answer the need for enhanced security by such investors, one of the biggest names in the gold business, Goldmoney, has now expanded its bitcoin cold storage service to include ethereum and bitcoin cash. Also Read: Las Vegas Strippers […]

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Court Will Not Seize Crypto as Debt Payment from Bankrupt Citizen in Russia

Court Will Not Seize Crypto as Debt Payment from Bankrupt Citizen in RussiaThe Moscow bankruptcy court has ruled that cryptocurrencies of a bankrupt debtor will not be seized to pay his creditors. The trustee for the case has failed to convince the judge to include the debtor’s cryptocurrencies in the bankruptcy estate. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Court Rejects Crypto in Bankruptcy […]

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Report Claims 34,000 Ethereum Smart Contracts Are Vulnerable to Bugs

Report Claims 34,000 Ethereum Smart Contracts Are Vulnerable to BugsOver 34,000 ethereum smart contracts containing $4.4 million in ETH may be vulnerable to exploitation. That’s the conclusion reached by a quintet of researchers hailing from Singapore and the UK. Their technical report, which is currently undergoing peer review, suggests that millions of dollars in ether may be at risk from poorly coded smart contracts […]

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Venezuela Says Pre-Sale of Oil-Backed Petro Cryptocurrency Has Raised $735 Million

Venezuela Says Pre-Sale of Oil-Backed Petro Cryptocurrency Now AvailableVenezuela has announced that the pre-sale of its oil-backed cryptocurrency, the petro, has attracted $735 million on the first day. The government has also published a buyer’s manual and confirmed that buyers can use “hard currencies and cryptocurrencies, but not bolivars.” Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Petro Pre-Sale Starts The private […]

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Crypto All Stars Controversy Sparks Conflict Between Founders

Merely one week after a conflict between the founders of MyEtherWallet led the popular Ethereum wallet application to split into MyEtherWallet and MyCrypto, the founders of another massively popular decentralized application, Crypto All Stars, have engaged in a conflict, confusing the supporters and users of the application. On Sunday, Crypto Randy Marsh, one of the two founders of Crypto All Stars alongside Adam Hadar, released a Medium blog post that claimed Adam had taken Crypto All Stars as “hostage at the ransom of a buyout.” Randy added that Adam has refused to “free up the company,” and that he remains unsure

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Dubai Issues License to Cryptocurrency Firm

Dubai Issues License to Cryptocurrency FirmThe largest free economic zone in the UAE, with zero percent personal and corporate income tax, has started issuing licenses to firms trading cryptocurrencies. The first license has been issued to a gold trader that has recently started offering cryptocurrency services. Also read: Japan Cracks Down on Foreign ICO Agency Operating Without License Attracting Crypto Businesses […]

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Japan’s DMM Launches Large-Scale Domestic Cryptocurrency Mining Farm and Showroom

Japan's DMM Launches Large-Scale Domestic Mining Farm and ShowroomJapanese entertainment giant DMM has launched its “large-scale Japan-quality” mining farm, with a plan to deploy more farms overseas. DMM is also launching a showroom, allowing the public to tour its mining farm, as well as a mining pool. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies DMM’s Mining Farm in Japan […]

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