Venezuelan President Raises Petro’s Value Again in Bid to Create ‘New System’

For the second time in a little over a month, Venezuela’s president Nicolas Maduro has hiked up the value of the national cryptocurrency, the petro, this time to 36,000 sovereign bolivars. The move has again been met with criticism.  Also read: Russia Not Ready for the Petro, Proposes Plan to Aid Venezuela Without It ‘A New Monetary System’ … Read more

French ATM Glitches and Bank Closures Reported After Scheduled Bank Run

The grassroots yellow vest movement in France has been participating in protests for weeks on end. Just recently, high profile yellow vest members have been promoting a “bank run” on financial institutions and automated teller machines in Paris. According to reports, the scheduled bank run began in phases, the first of which started on Jan. … Read more

Crypto Exchanges Register Their Best Year yet in 2018 Despite Price Dip As Bitcoin Dominates

Bitcoin may have shed 80 percent of its value in the last 12 months, but crypto exchanges had their best year yet. Coinbase, the biggest exchange in the U.S, experienced a 21 percent increase in 2018, with the first quarter of the year being the most successful. However, the volume on some crypto exchanges dipped … Read more

Chatter Report: Antonopoulos on Rolling Checkpoints, Vays Defends Song’s Stance on Credit Cards

In today’s roundup of crypto chatter, Andreas Antonopoulos explains rolling checkpoints and how consensus is achieved between miners, developers, exchanges, merchants, and wallets. Chris DeRose believes new Bitcoin pundits are toxic compared to the old ones. Also, Tone Vays defends Jimmy Song’s position on using credit cards over bitcoin.   Also read: Hash Wars: A Successful BCH … Read more

Cryptopia Confirms Hack yet Total Financial Losses Remain Unclear

The cryptocurrency industry is subject to a lot of attention by criminals and hackers. This has caused many problems in the past, yet also affects present proceedings. The latest victim in this regard is Cryptopia, one of the more prominent altcoin exchanges. After a recent incident, the team confirmed someone accessed specific information and funds … Read more

Bitcoin Price Analysis: Short-term BTC/USD Breakout Seems Imminent

When looking at the overall cryptocurrency market, it is evident most altcoins and tokens require positive Bitcoin price momentum to achieve an uptrend. Unfortunately, the world’s leading cryptocurrency hasn’t done great in this regard. Traders are not too certain what to make of the market, although a potential short-term price increase seems plausible at this stage. … Read more

Crypto Arbitrage Today: BTC, ETH, TRX, XRP, XLM, DOGE

Another day dawns upon the cryptocurrency industry. While most markets are moving up slowly, the number of arbitrage opportunities continues to increase accordingly. A lot of good money can be made today by flipping the following altcoins between the associated exchanges. Depending on how all markets evolve, there will be further gains waiting on the … Read more

Beware of the Fake Russian Electrum Wallet

The cryptocurrency industry has always been targeted by criminals and hackers. This new form of money can be moved around the world without too much friction, which makes for an appealing opportunity. It now seems a new Electrum wallet is making the rounds on GitHub, albeit one that has nothing to do with the official … Read more

Canadian Electoral Agency Clarifies Cryptocurrency Donations for Political Use

Canada’s electoral body has started consultations on how political parties should handle cryptocurrency donations ahead of general elections slated for October. Political parties have requested guidance from Elections Canada (EC) on accepting contributions and conducting other transactions in bitcoin. EC has now released a draft note that broadly takes the position that cryptocurrency donations are … Read more