Month: January 2018

Cointelegraph had a chance to work together with different incredible media at the World Economic Forum in Davos. We were exchanging ideas, feedbacking on events, chasing speakers together to get an interview. But with one colleague we just couldn’t help making an interview ourselves- Mike Butcher is the one who set a trend of quality for tech journalism, the one who made first steps of media covering the development of Blockchain and crypto, the editor-at-large at TechCrunch. We discussed with Read more …

It’s Wednesday evening and we are closing in on the end of yet another rough session in the bitcoin price. We were hoping for some degree of reprieve during the session today, with price dipping to fresh weekly lows overnight last night and setting up as if we were in line for some consolidation. Unfortunately, things haven’t turned out that way and we wait yet again for the bitcoin price to bounce near term. Whether it will happen tonight remains Read more …

Italy’s economy minister struck a critical tone on cryptocurrencies Wednesday, remarking during an event that damage could arise should a market bubble “explode” even as central banks eye the technology. Speaking during an event at the Polytechnic University of Milan that was organized by energy giant Enel (which itself has trialed blockchain for energy trading purposes), Economy Minister Pier Carlo Padoan joined the growing chorus of government officials who have decried the price developments around cryptocurrencies in recent months. “The oversight Read more …

The US Securities and Exchanges Commission (SEC) has suspended an Initial Coin Offerig that is allegedly fraudulent. It is an ICO of the AriseBank from the US state of Texas. Investors who have probably been victims of fraud should contact the SEC. The US Securities and Exchange Commission (SEC) stopped the ICO from being the self-proclaimed “first decentralized bank in the world”. The reason given is that AriseBank and its co-founders Jared Rice Sr. and Stanley Read more …

As of Jan. 30, South Korean cryptocurrency traders will no longer be able to trade cryptocurrencies like Bitcoin and Ethereum anonymously. Last week, major cryptocurrency exchanges in the local market including Korbit and Bithumb announced that starting Jan. 30, anonymous traders will be prohibited from investing in the market. Beginning today, investors are required to undergo a rigorous verification process to invest in the market. The Korbit team said in a statement obtained by Cointelegraph: “Non-Korean nationals, both resident and Read more …

Gambling has been part of human history since the very beginning and its reputation never really has improved over time. The arrival of Blockchain technology might truly make a difference. SP8DE, a new Blockchain-based gaming project, aims to bring a platform capable of supplying unbiased public randomness for developing and running casino apps. No more trust issues SP8DE is built on Ouroboros, the POS protocol underlying Cardano Blockchain. The company intends to overcome the obstacles plaguing the gambling industry, even Read more …

Nicolas Maduro, the president of Venezuela, has said the pre-sale of the country’s proposed cryptocurrency – the “petro” – will launch next month. Signing the petro white paper on Tuesday, Maduro stated that the initial sale of the token will commence on Feb. 20th. President Maduro also revealed that plans are being drawn up to use the petro – which is backed by commodity reserves, including oil – with a national ID card possessed by millions of Venezuelans, a Bloomberg report states. Read more …

Viberate has proudly announced their collaboration with Imogen Heap – an exceptional and inspiring award-winning artist, known to be an early adopter of the blockchain. With the synergy of two important players in the music industry, the future for the artists, event managers, booking agents, and venues looks bright. Heap and Viberate.com will work creatively towards empowering those in the live music segment in listing and mapping the global live music ecosystem by building a database of profiles for musicians, Read more …

South Korea Finance Minister Kim Dong-yeon has reaffirmed that the government will not ban or otherwise “suppress” cryptocurrency in the country, according to a statement reported by Reuters today, Jan. 31. In the latest update to the country’s ongoing regulatory overhaul of cryptocurrency exchange, Kim firmly distanced Seoul from previous comments about a potential outright ban, which had caused public outrage earlier this month. “There is no intention to ban or suppress cryptocurrency (market),” he said in the statement. Kim Read more …

The Zurich police in the Cybercrime department have two cases in which Iota stolen with a total value of one million francs. The two ads were received at the end of last year by two individuals, as police spokesman Beat Jost said to 20 minutes. According to Jost, Cybercrime’s specialists are currently busy securing electronic tracks. According to the police spokesman, there are regular ads to scam in cryptocurrencies, only the taciturn is deeper. A statistics Read more …