Month: December 2017

News The Russian Association of Blockchain and Cryptocurrency has partnered with representatives of 30 countries to develop a global ratings standard for initial coin offerings (ICOs). The association is also in talks with the Russian central bank to impose limits on ICO investments. Also read: South Korea Outlines Proposed Legislation for Cryptocurrency Exchanges Russia Developing Global ICO Ratings Standard The Russian Association of Blockchain and Cryptocurrency (RACIB) has announced that they will be developing a uniform ratings standard for Read more …

Billionaire investor Carl Icahn has added his voice to the mix, saying that in his estimation, Bitcoin appears to be a bubble, not unlike the Mississippi land bubble of two centuries ago. He added, though, that he has no idea what Bitcoin is, and shies away from things he doesn’t understand. The Wall Street investor, who made huge amounts of money often by investing in companies needing help, indicated that the cryptocurrency appeared to be a bubble to him. During the interview with Read more …

After concluding a successful token pre-sale round, FinTech company The NAGA Group is launching their main token sale, which begins today on December 1, 2017. JOIN HERE! NAGA is proud to have a pool of more than 6000 users in the official Telegram chat. More Facts About the Main Token Sale and the Purpose of the Token Sale Our Goals First of all, the company’s goal is to raise 30M USD. Unsold tokens will be burned, so there will be Read more …

As part of the customary press briefing from the White House, the President’s Press Secretary made it clear that the White House was monitoring cryptocurrencies. Further, the Department of Homeland Security was also part of the conversation. While the press conference ranged widely on topics, including President Trump’s Twitter posts and the Press Secretary’s strep throat, the issue of cryptocurrencies came up through reporter questions. According to the secretary, the topic was broached this week during a conversation with Homeland Security, and, while no Read more …

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Three Kenyan peer-to-peer bitcoin brokers have been charged with banking fraud in connection with trades they made through the LocalBitcoins trading platform. The case could set a troubling precedent for bitcoin traders in Kenya. As reported by regional media outlet Kenyan Wall Street, 10.2 million KEH (approximately $100,000) was stolen from I&M Bank and a Safaricom Pay Bill account. Local police were able to track the stolen Read more …

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Investing in ICO-campaigns is an extremely exciting adventure. Meanwhile, as a result of the insane success of most ICO’s, scammers are crowding the market, and creating scam coins in hundreds. Blockchain is a unique technology Read more …

In a speech during the Financial Stability and Fintech Conference, Vice Chairman of Supervision, Randal K. Quarles made it clear that the Federal Reserve’s (Fed) position on cryptocurrencies is one of extreme caution. Instead, Quarles suggests that the government partner with current banking systems to create solutions in response to the digital payment wave. The warning came as the regulator considered the possible implications of digital currencies during times of crisis. Recalling runs on major banks, and the reasons for founding the Federal Read more …

Billionaire investor Carl Icahn has jumped on the bandwagon of financial bigwigs saying bitcoin is in a bubble. The business magnate and founder of Icahn Enterprises told CNBC that the cryptocurrency “seems like a bubble” and that he didn’t understand the hype around bitcoin. Icahn stated: “I got to tell you honestly, I don’t understand it … I just don’t get it. I just stay out of something if I don’t understand it.” The investor further compared the bitcoin market to 18th-century Read more …

It is always remarkable to see how generous cryptocurrency enthusiasts can be. More specifically, there are always people willing to share their wealth with whoever needs it. In the case of Archive.org, they are getting a solid amount of money from the cryptocurrency community so far. Not only in Bitcoin, mind you, but they get even more money from BCH supporters. That in itself is pretty interesting to keep an eye on. Every year, Archive.org has its donation drive. This Read more …

A rollercoaster ride of a week for Bitcoin has seen exchanges suffer outages as current and new users clamored to trade the sought-after virtual currency. Popular exchange Coinbase and other exchanges saw a massive surge in the volume of traffic on their exchange – causing delays for users on their platforms. Vast majority of traffic is being served but with slower performance. Our engineering team is actively working on this and should be fully resolved in a few hours — Coinbase Read more …

Featured Diyanet İşleri Başkanlığı (Ministry Presidency of Religious Affairs) of the Republic of Turkey has issued the guide “Bitcoin and Ethereum, such as Virtual Money for Investment: Is [it] Possible to Buy?” In it, the religious authority warned “it is not appropriate to buy or sell virtual moneys” for Islamic believers, reports a translation by En Son Haber. The Diyanet further explained believers are to avoid currencies not backed by the state or central authority.  Also read: Turkey CB: “Cryptocurrencies May Read more …

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Following new cryptocurrency regulations in April, Japanese police have pointed to 170 cases of money laundering via cryptocurrencies reported by exchange operators in six months between April and October. Japan’s National Police Agency (NPA) has compiled its first report on cryptocurrency laundering cases following revised laws in April that mandated cryptocurrency exchange operators to flag and report transactions suspected of money laundering. The regulations kicked in alongside Read more …