USI Tech Withdrawal Issues Leave Cryptocurrency Users Worried

Any cryptocurrency project claiming to offer daily returns on investment will most likely turn into a scam at some point. For investors in USI Tech, it seems their worst fears have come true. The company has struggled with withdrawals since early January, and it seems things are only getting worse. USI Tech has Major Problems … Read more

The Mt. Gox Plot Thickens, Courtesy of Always Efficient LLP

It has been a while since we last saw any interesting developments involving the Mt. Gox exchange. New research shows an unknown London-based firm was involved in laundering the stolen 650,000 BTC from this now-defunct exchange. That is a pretty intriguing discovery, although it remains to be seen how the situation will evolve. The Mt. Gox … Read more

Staff of Australia’s Bureau of Meteorology Allegedly Mined Crypto with Government Resources

Cryptocurrency mining is of great interest to a lot of individuals and companies as of right now. Some people will even go as far as to use work computers for this purpose. It seems two members of Australia’s Bureau of Meteorology are under investigation for mining cryptocurrencies with the bureau’s computing hardware. Bureau of Meteorology Staff … Read more

Cryptocurrency Interest Wanes — Online Searches for “Bitcoin” Drop 80%

Over the course of the past few weeks, cryptocurrency prices have been dropping in value. However, online interest is another trend plunging as well within the digital currency realm as Google Trends searches for the word “bitcoin” have descended to levels not seen since October of 2017. Also read: Japan’s DMM Bitcoin Exchange Opens for Business … Read more

Japan Bank Consortium Prepares Ripple-Powered Mobile App for Instant Transactions

Ripple has made a lot of positive waves in the financial sector as of late. The company has embarked on an interesting mission to streamline cross-border payments and revamp the entire banking industry. With a new Ripple-powered mobile app to launch in Japan, things are headed in an intriguing direction. The Ripple Mobile App in Japan … Read more

Grayscale Investments Announces Four New Cryptocurrency Investment Trusts

Exposing more people to the cryptocurrency ecosystem is an ongoing challenge for all companies. So far, the general public has seemingly cooled off on cryptocurrencies ever since their prices started to dip earlier this year. Grayscale Investments will try to make a positive impact in this regard. The company announced four new investment trusts meant … Read more

Venezuela to Auction off Petro Through Dicom Foreign Exchange Platform

Venezuela’s freshly-created cryptocurrency is still in the hot seat. With the country’s parliament declaring this currency illegal yet again, the future of the Petro is in question. Even so, it seems the Petro will be auctioned off to private companies through the Dicom foreign exchange platform over the next few weeks. A batch of conflicting reports only makes this … Read more