Bitcoin Price Watch: Currency Maintains $8,100 Position

The father of cryptocurrencies is holding its mark at $8,100. Following a small drop just 48 hours ago, the currency has risen to its present spot, and has held its ground since yesterday. Bitcoin has allegedly developed a new stronghold following its worst quarter since 2011, and for the most part, analysts remain confident that … Read more

Backpage CEO Pleads Guilty to Laundering Money Using Cryptocurrencies

Not too long ago, the Backpage.com platform was seized by the US government. This particular development also had some repercussions for cryptocurrencies, as the site’s CEO was charged with laundering money using Bitcoin and other cryptocurrencies. It now seems he has pled guilty to these charges and intends to flip on other website officials. Backpage Money Laundering and Cryptocurrency … Read more

Barclays Surveys Its Customers on Cryptocurrency Trading Desk Plans

A lot of things are changing in the world of cryptocurrency. Banks are slowly making a complete 180-degree turn in regards to this new form of money. After many years of opposing Bitcoin and similar currencies, financial giants are now entering the cryptocurrency markets. Barclays is the latest institution to consider taking this surprising approach. Barclays Wants to Trade Cryptocurrencies … Read more

Crypto Enthusiasts Demand Thailand’s Finance Ministry Revamp Taxation Guidelines

Capital gains taxes will always remain a controversial topic. This is especially true in Thailand, by the look of things, as the cryptocurrency community wants the nation’s Finance Ministry to rethink its guidelines in this regard. For most people, this is also an effort to create a more lenient ecosystem for initial coin offerings. Thailand’s Crypto Capital … Read more

IMF’s Christine Lagarde Seeks to Achieve “Clear-Eyed” Cryptocurrency Regulation

With so many countries focusing on Bitcoin regulation these days, one wouldn’t necessarily expect to see things evolve in a positive direction. As of right now, most of Europe still remains on the fence about regulating this new form of money, although some progress has been made. Surprisingly, Christine Lagarde of the International Monetary Fund would much rather see … Read more

Is Burning Man Outdated? NextGen Blockchain Summit to Be Held in Dubai

We all have heard of Burning Man, a community devoted to individuals showing off the best of themselves, in artistic forms of self-expression and self-reliance. But is it outdated? For those new to the Burning Man community, art is created through experimental and interactive sculpture, building, performance, and other media. The event brings hundreds of thousands of strangers from … Read more

Korean Exchange Bithumb Has Reserves Worth $6 Billion in 12 Cryptocurrencies

One of South Korea’s largest cryptocurrency exchanges, Bithumb, has published its first audit report, detailing its financial performance as well as crypto reserves worth approximately $6 billion kept in 12 cryptocurrencies. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space $6 Billion Worth of Coins South Korea’s second largest cryptocurrency exchange Bithumb recently released its … Read more

Significant Trade Volume Triggers Localbitcoins KYC Requirement

According to a recent thread on Reddit, Localbitcoins traders allegedly have to verify their identity if they are trading “significant” volume using the peer-to-peer platform. Also Read: Meet Memo: An On-Chain Social Network Built on Bitcoin Cash Localbitcoins ‘Error’ Involves Know-Your-Customer Verification Bitcoin users are frantically searching other exchanges today that don’t require Know-Your-Customer (KYC) verification. … Read more