Bitcoin Mining ICO Giga Watt is Being Sued for Securities Fraud

Another month, another ICO lawsuit. This time it’s Giga Watt in the firing line, a startup whose aim is to launch a cryptocurrency mining facility. The company describes itself as “the world’s first full-service mining solution provider” and promises “turnkey mining services”. A group of investors are not impressed though, and have filed a lawsuit … Read more

Bitcoin Futures Are a Threat to Whole Banking System, Fears ECB Director

While major stock brokers are lining up to add bitcoin futures to their platforms, central bankers are apparently not too happy about it. A member of the European Central Bank (ECB) executive board has called the instruments a threat to the financial stability of the entire banking system. Also Read: After Ripple’s Rise BTC Dominance … Read more

Cryptocurrency Mining Soars in Vietnam – Over 7000 Rigs Imported

The Ho Chi Minh City Customs Department has revealed the number of known mining rigs imported into Vietnam in 2017. Over 7,000 rigs were brought into the country, mostly from China, with over 5,000 entering since November. While Vietnam is clamping down on the use of bitcoin as a means of payment, mining rigs are … Read more

Chinese Central Bank Hosts Closed-Door Meeting on Electricity Usage of Bitcoin Miners

The People’s Bank of China (PBOC) today had a closed-door meeting on the use of electricity for bitcoin mining. The legitimacy of the news has been confirmed by Tencent Finance.  Also Read: Peter Thiel, Bitcoin Astronaut, Moves Markets with Crypto Moonshot The PBOC Investigates the Power Usage of Bitcoin Mining Tencent Finance said that China’s central bank recently … Read more

What Is CopyMe?

Trading cryptocurrencies has always been a rather complicated matter. For those people who don’t care much for technical analysis, it’s an even steeper uphill climb. Additionally, some individuals prefer to copy other traders’ strategies and hope for the best. With CopyMe, emulating such strategies in real time should become a lot easier. Now is a good time to see what … Read more

Drafting Laws and ‘Hodling’: U.S. Congress Discusses Cryptocurrency Disclosure

U.S. lawmakers have been ramping up their efforts to regulate bitcoin and other digital currencies. Recently, advocacy groups who focus on government transparency have been growing concerned about politicians drafting laws while not disclosing their interests in cryptocurrencies. Also read: Is the Centralized Ripple Database With the Biggest Pre-Mine Really a Bitcoin Competitor? Ethics and Government … Read more

What Is Ethertanks?

Near the end of 2017, the cryptocurrency world was treated to a project known as CryptoKitties. Issuing unique virtual cats on the Ethereum blockchain proved to be a pretty interesting concept. Sadly, it also crippled the network for several days, but that was only to be expected. Ethertanks is a similar project with a slightly different approach, … Read more

We’ve Come A Long Way – Bitcoin Block Zero Was Born Nine Years Ago Today

On this day nine years ago, quietly, bitcoin and its blockchain network were birthed with block zero, the Genesis Block. Without government permission or wealthy backers, it has generated a quarter trillion in value. In combination with the resultant industry it spawned, comprising thousands of alternatives, cryptocurrency is a seven hundred billion dollar market. Nearly … Read more

FTI Announces $3,000,000 Private Placement

TORONTO, Jan. 03, 2018 (GLOBE NEWSWIRE) — (TSX Venture:FTI) FTI Foodtech International Inc. (“FTI”) announces that it intends to arrange a private placement for up to $3,000,000. The proposed private placement would be a non-brokered offering of 6,000,000 units of the Issuer (the “Units”), at a price of $0.50 per Unit.  Each Unit will be … Read more