Nigerian Startup Kubitx Launches Bitcoin Exchange in Beta

Kubitx, a Pan-African financial technology startup registered in Malta, announced the beta launch of its new cryptocurrency exchange on Thursday. The platform, which supports six digital coins, including BCH and BTC, will initially be available to users in Nigeria, before the company expands it to other African countries in the coming months. Also read: Billion-Dollar Startups … Read more

Bitcoin Puzzle’s $1.9M Prize Purportedly Won in a Week

Last week, a bitcoin picture puzzle appeared online in which players were challenged to uncover the private key to a BTC wallet. The game sparked major interest, for its 310 BTC prize was magnitudes greater than anything previously offered by a game of this nature. But it appears that somebody has now won the jackpot, … Read more

Singapore Hosts New Fiat-Crypto Exchange, Welcomes Crypto Bank Accounts

It has been a busy week for Singapore as it relates to cryptocurrency. The city-state is set open the first fiat-crypto exchange in Southeast Asia, while the financial regulator has vowed to help crypto companies set up local bank accounts, according to media reports.  Also read: Salt to Offer Crypto-Backed Loans in 7 Global Markets, … Read more

Zigzag Platform Provides Cryptocurrency Swaps Over the Lightning Network

There’s a new exchange system under development called Zigzag.io, an app that allows users to swap bitcoin core for other digital assets like bitcoin cash, dash, and ethereum over the Lightning Network. The beta application is currently available to test cryptocurrency trades as the project launched on the main-network during the first week of September. … Read more

A Bitcoin Rat Is Occupying Wall Street

Ten years after the financial crisis of 2008, an artist known as Nelson Saiers has placed his latest artwork across the street from the New York Federal Reserve building in the financial district. The piece is a giant sized and menacing-looking inflatable rat covered in Bitcoin code. The former Wall Street hedge fund manager and … Read more

Europe, Japan and the ‘Drug’ of Quantitative Easing

Last month, news.Bitcoin.com examined the problem of quantitative easing (QE) and its impact on the U.S., and how such policies have spread to the rest of the world. This month, we continue to drill down on the phenomenon of governments printing trillions of dollars worth of fiat currency simply by pressing buttons on their computers. Value … Read more

New Venture Capital Fund Secures $100M to Invest in Crypto Startups

Dragonfly Capital Partners, a new crypto-focused venture capital firm, has announced the launch of its first $100 million fund dedicated to investments in crypto assets. Its investors include Okex, Bitmain and other well-known names in the industry. Also Read: Exchanges Roundup: Coinbase Volumes Hit 1-Year Low, UK Exchange to Fire Most Staff Meet Dragonfly Capital … Read more

Deep Web Roundup: 20 Years for ‘Oxymonster,’ New Darknet Monitoring Tool

Two stories stand out in our latest trawl of the deep web for news that filters through to the cryptosphere. One concerns the sentencing of Dream vendor “Oxymonster,” whose controversial prosecution on U.S. soil is part of a wider trend. We also take a look at Blocktag, a new tool for monitoring darknet sales. Also … Read more

The Daily: Circle Launches New Research Portal and Trading Apps

Some editions of The Daily are so overflowing with news there simply isn’t time for a cleverly worded introduction. So without further ado, here’s what’s coming up in this installment: Circle has launched a string of new initiatives, including a research portal and the Poloniex mobile app, Roger Ver’s comments about a BCH-powered Bitcoin.com crypto … Read more

Suspected Mastermind Behind Kassh Coin Arrested

The New Delhi Police Branch has arrested Asif Ashraf Malkani – a thirty-five-year-old man accused of operating Kassh Coin – a multi-million dollar scam that duped Bollywood celebrities, among scores of Indian investors. Also Read: ‘Crypto Fund’ Approved to Manage Cryptocurrency Investments in Switzerland Operator of Crypto Scam That Duped Bollywood Celebrities Apprehended Asif Ashraf Malkani, … Read more

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