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Cryptocurrency companies active in the world of cloud mining always face an uphill struggle. It is evident things are not looking all that great as of right now. HashFlare, one of the bigger cloud mining providers as of right now, has confirmed that it will not resume Bitcoin mining for the time being. HashFlare Calls … Read more
The Ethereum community has never shown any favor toward the EIP-999 proposal. This proposal was made to bail out Parity after losing $250 million due to a smart contract bug. Ethereum community members clearly rejected this proposal, yet some people are claiming it will still be implemented. EIP-999 Is Not Happening Ever since Parity’s smart … Read more
Criminals still tend to favor Bitcoin and other cryptocurrencies to mask their activities. That is not an advisable course of action, as most of these currencies lack both privacy and anonymity features. Over 300 BTC was confiscated by the UK police after they arrested a notorious drug dealer and money launderer. Another Bitcoin Criminal Gets … Read more
All cryptocurrencies remain in the green for several hours on end now. That is not unusual during the weekend, as there is far less fiat currency trading taking place right now. Even so, there is a good chance this may be the beginning of a multi-day rally. The Cardano price enjoys some positive momentum as … Read more
Making sense of the cryptocurrency markets is always a trivial undertaking. There is no reason for these markets to have gone through a bearish segment this week, even though that is exactly what happened. Today, the situation looks very different once again. All top currencies are surging, and it seems the Bitcoin Cash price will … Read more
A UK police department has sold 295 BTC which they say were legally seized from a drug dealer. The court ordered him to forfeit his crypto stored in a hardware wallet. The police reportedly get to keep 18.8% of the sale proceeds. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space British Police Seized BTC … Read more
A crypto teller machine exchanging a number of cryptocurrencies with fiat, including bitcoin (BTC) and bitcoin cash (BCH), will be operational next week in a Sofia mall. The BATM is a two-way device that will accept euro, dollar and Bulgarian lev deposits. It will also buy cryptos and print paper wallets. Also read: Eastern … Read more
So, the father of crypto has dropped a bit. At press time, bitcoin is down by roughly $100 and is now at $7,400. This is not a big deal, however, and granted bitcoin can stay above the $7,000 line, enthusiasts and traders likely have nothing to worry about. Indeed, the currency has come a long … Read more
Banks have shown a keen interest in Bitcoin technology over the years. Various patents have been filed by these financial institutions to explore new potential business use cases. JPMorgan was recently awarded a patent which could allow the bank to issue blockchain-based virtual depository receipts. JPMorgan Chase and Blockchain With so many banks exploring opportunities … Read more
The chances of Amazon ever accepting cryptocurrency payments directly are slim to none. It is evident the world’s leading e-commerce giant wants nothing to do with Bitcoin or any of the altcoins, regardless of how popular they may become. BitRefill has come up with an intermediary solution in this regard through its new Amazon voucher … Read more
