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Using publicly available sources, Satis Group LLC classified initial coin offerings (ICOs) with market capitalizations of at least 50 million USD by quality, following an ICO’s evolution from white paper, fundraising, to eventual trading online. Their findings include the eye-popping claim that 80% of ICO’s are scams, and only 8% managed to trade on a […]
The post New Study: 80% of ICOs are Scams, Only 8% Reach an Exchange appeared first on Bitcoin News.
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A Canadian businessman agreed to sell four gold castings of South African leader Nelson Mandela’s hands. For $10 million in bitcoin, a cryptocurrency firm launching an initial coin offering (ICO) has agreed to the purchase, promising a world tour of the art pieces in an effort to educate more people about Madiba’s legacy. Also […]
The post Mandela’s Golden Hands Sell for $10 Million in Bitcoin appeared first on Bitcoin News.
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The Korean central bank has released the results of its nationwide poll which includes information about cryptocurrency acceptance. Among 25,011 poll participants, 40% of young adults are eager to possess cryptocurrencies, according to local media. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Korean Central Bank’s Crypto Poll The Bank of Korea […]
The post Bank of Korea Poll: 40% of Young Adults Enthusiastic About Cryptocurrency appeared first on Bitcoin News.
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Cryptocurrency and blockchain associations from Russia, China and South Korea plan to file a class action against internet corporations banning crypto ads. The lawsuit will challenge restrictions imposed by Facebook, Google, Twitter and Yandex. An agreement to take the matter to court in the US has been reached at a crypto conference in Moscow. Also […]
The post Russian, Chinese, Korean Associations to Sue Internet Giants Over Banned Crypto Ads appeared first on Bitcoin News.
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The German National Tourism Board has announced that it accepts cryptocurrencies such as bitcoin for its services. The organization promotes German travel destinations with offices in 32 countries around the world. GNTB also intends to implement blockchain technologies in its finances. “We want to be a global innovation driver in the tourism industry,” its chairperson […]
The post Germany’s Tourism Board Accepts Bitcoin Payments appeared first on Bitcoin News.
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Japanese cryptocurrency exchange Bitflyer reported a 100% increase in the number of its users in just the past four months, as the company continues to grow crypto adoption in Japan by partnering with major stores. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Bitflyer’s Customers Reach 2 Million Japan’s largest cryptocurrency exchange […]
The post Bitflyer Increases Bitcoin Adoption with Record Number of Users appeared first on Bitcoin News.
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Vilnius-based Coingate, cryptocurrency payment gateway for European merchants, is teaming with Paris-based Prestashop, an open source ecommerce solution. The combination means more choices for cryptocurrency enthusiasts and might encourage an increase in adoption. Also read: Bitcoiners Demand More Crypto CFDs and Spread-Betting in the UK Coingate + Prestashop = 80,000 More Merchants Dmitrijus Borisenka, Coingate CEO, […]
The post 80,000 New Merchants in Europe Gain Option to Accept Crypto appeared first on Bitcoin News.
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At times when the Indian crypto community is dealing with increasingly hostile environment, an initiative is bringing new investors on board. Bitcoin gift vouchers are gaining popularity in India’s IT hub – Hyderabad. A growing number of Indians like the idea of a cheap and low-risk entry into cryptocurrencies. Also read: Tax Filing Platform Teams […]
The post Low-value Bitcoin Gift Vouchers Bring More Indians into Crypto appeared first on Bitcoin News.
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Israel Securities Authority (ISA) Committee for the Examination and Regulation of Initial Coin Offerings (ICOs) issued a series of “recommendations designed to dispel uncertainty and strike a balance between technological innovation and the protection of the investors.” Included in their findings were whether cryptocurrencies such as bitcoin are considered securities – a decision carrying major […]
The post Israel Officially Declares Bitcoin Is Not a Security appeared first on Bitcoin News.
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The Clarifying Lawful Overseas Use of Data (CLOUD) Act just passed – almost in secret – tucked deep inside a voluminous spending package of well over a trillion dollars. No debate. No up or down vote on the merits of CLOUD. Instead, lawmakers would have had to reject the entire bill, thousands of pages, and […]
The post Crypto Community Fears Passage of the CLOUD Act appeared first on Bitcoin News.
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