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Coinbase Now Offers Crypto currency Gift Cards in Europe and Australia

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Coinbase now offers crypto currency-backed electronic gift cards in a number of selected markets in Europe as well as in Australia. The company sees this move as giving its clients “greater flexibility and control over how they use their crypto.” Also Read: The Daily: Exchange Operator Pleads Guilty, Scammer Fined Over $1.9 Million Coinbase Gift Cards … Read more

No License Needed to Mine Cryptocurrencies in Ukraine

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Companies mining cryptocurrencies are not required to obtain a license, the Ukrainian state agency responsible for licensing regimes said this week. The annual revenue generated by the Ukrainian crypto mining industry amounts to over $100 million, according to recently published data. The country remains attractive to miners while mining costs in many other corners of … Read more

Bitgrail Bitcoin Assets Taken by Italian Government, Victims Still Fuming

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Embattled cryptocurrency exchange, Bitgrail, announced ongoing bankruptcy proceedings in Italy have turned full force, as the court seized the exchange’s bitcoin wallets. The ecosystem seems decidedly torn between addressing the fundamental cause, a hack that drained $170 million, and making victims whole.   Also read: William Shatner Joins Bitcoin Mining Project, Admits He Doesn’t Quite … Read more

Bitcoin Price Watch: Currency Down to $7,300

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At press time, bitcoin has fallen to roughly $7,300. This is $100 less than where it stood yesterday afternoon, though the currency was trading for as high as $7,500 during Tuesday’s evening hours. The bitcoin arena is something of a mixed bag. For example, China’s president Xi Jinping recently endorsed blockchain technology, stating that it … Read more

Bitgrail Exchange Ordered Down Indefinitely as Italian Court Upholds Halt

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Earlier this month, Bitgrail’s principal Franceso Firano attempted to reopen the Italian cryptocurrency exchange after $170 million in losses and during their legal sorting out. An inside job or software hack, that hasn’t had an official determination, and fingers are still pointing between the exchange’s charismatic operator and crypto devs. International heavy law firm Bonelli … Read more