Bitcoin Mining is Big Business in Montana: US Senator Works to Protect Industry

Bonner and Butte, Montana are home to two of the largest bitcoin mining facilities in North America. They’re also subject to a major energy producer in the state, the Colstrip power plant, which is due to be shut down. Bitcoin mining has become such a potential windfall for the state economy, one of its congressional … Read more

Thailand Updates ICO Licensing Progress, Warns Firm Issuing Token Without License

The Thai Securities and Exchange Commission has revealed the number of applications it has received from businesses wanting to operate initial coin offering portals in the country. However, at least one company is already issuing a token without obtaining approval. Meanwhile, the first Thai Stock Exchange-listed company to launch a token has a new plan … Read more

Including U.S. Citizens in Your ICO or TGE

The current lack of clarity governing Initial Coin Offerings (ICOs) and cryptocurrency more broadly in the United States’ legal system has led some to consider whether including U.S. citizens in an ICO or Token Generation Event (TGE) opens a company to unnecessary liability. With ample investment opportunities outside of the States in more certain or … Read more

Blockchain Survival Show Blockbattle to Premiere on Asia Economy TV

Asia Economy TV plans to broadcast a new blockchain survival television show called ‘Blockbattle — Who’s the Next Satoshi’ on October 19, showcasing a variety of crypto-development teams from all around the world. Blockbattle will air five episodes allowing viewers the ability to vote in real-time in order to choose the winner of this distributed … Read more

Venezuela Bolivar Re-Denomination Gets Smartphone App

Hyperinflation has taken off to cartoon proportions in Venezuela, leaving the government to take rather drastic steps in trying to restore confidence in its domestic market. That’s a very heavy, ambitious goal, and so the government ordered banks and exchanges to remove five decimal places in the hope of curbing hyperinflation. And to limit further … Read more

Fomo Then Failure: A Post-Mortem of 2018’s Worst ICOs

It has been a testing year for ICOs. Market conditions have made launching a tokensale more challenging than a year ago, when even the most ludicrous project was virtually guaranteed a $10 million raise. Several of 2018’s most successful ICOs, based on millions raised, have degenerated into its most disastrous, after plotting a journey from … Read more

Markets Update: BTC Tests Major Descending Trendline

The BTC markets are testing a key resistance area, with price action appearing to be making a third point of contact with a major descending trendline dating back to December 2017. Also Read: Japan Roundup: No Excessive Crypto Regulation, Quoine Launches New Platform  BTC On Cusp of Testing Major Trendline The BTC markets appear on the … Read more

Bank of America Files Patent for Cryptocurrency Custody System

The Bank of America Corporation has filed with the U.S. Patent and Trademarks Office for a secure means for the storage and custody of cryptocurrencies. The filing describes a system for recording and storing data pertaining to cryptocurrency transactions designed for enterprises. Also Read: UK Banks Freeze Company’s Accounts After Owner Traded on Localbitcoins Bank of … Read more

Top 6 Decentralized Exchanges in 2018

Decentralized exchanges are slowly becoming more popular in the world of cryptocurrency. Generating sufficient liquidity remains one of the key challenges, even though some trading solutions seem to be faring a lot better than others. The following DEXs are ranked by their total number of transactions over the past seven days. 6. Bancor Network Although … Read more