Month: April 2018

Join our community of 10 000 traders on Hacked.com for just $39 per month. Goldman Sachs-backed fintech startup, Circle has announced that it will be adding Zcash to its Circle Invest platform. The platform, released following beta testing in March, aims to compete with Coinbase, providing users with instant, commission-free crypto asset trading. It provides a simple service that lets users buy cryptocurrencies with ease. Circle Invest users can purchase and invest as little as $1 and the service does Read more …

Regulation Iran has been developing its own cryptocurrency, a project which has yielded an experimental local crypto, despite the country’s central bank banning banks from dealing with cryptocurrencies. Iran’s Information and Communications Technology Minister has shed light on the project, commented on its alleged use to evade sanctions, and clarified the central bank’s action. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Iran’s Crypto Project Mohammad Javad Azari-Jahromi. Iran’s Information and Communications Technology (ICT) Minister, Mohammad Read more …

Join our community of 10 000 traders on Hacked.com for just $39 per month. UNICEF Australia, an organization that is dedicated to humanitarian aid for disadvantaged children, is shining the spotlight on a good cause while simultaneously seizing an opportunity for an added revenue stream through cryptocurrency mining. The agency has launched The HopePage, which is designed to use the CPUs of local website visitors to perform cryptocurrency mining, which is the power-intensive process of solving complex equations to create Read more …

“Roger Ver deserves to go to (back to) jail for fraud.” For those not immersed in bitcoin’s byzantine politics, it might seem strange to see Ragnar Lifthrasir, a self-described “passionate advocate for bitcoin,” wish incarceration on an early adopter and fervent evangelist the community once called “Bitcoin Jesus.” But Lifthrasir isn’t alone in his desire to lock Ver up a second time (Ver was sentenced to 10 months in prison in 2002 for selling explosives on eBay). His j’accuse was retweeted over 500 times in Read more …

Join our community of 10 000 traders on Hacked.com for just $39 per month. Christine Smith, a content strategist with the Federal Reserve Bank of St. Louis, suggests bitcoin is less “exotic” and more boring than people may think. Bitcoin’s two use cases are as a store of value and a currency, the latter of which Smith uses to argue a trio of reasons why the leading digital currency is no different than “regular currency.” Backed by Nothing Bitcoin, like Read more …

A giant Bitcoin logo has been projected onto the Swiss National Bank in the centre of Zurich. A photograph of the building appeared on Twitter earlier today. Publicity Stunts Bring Attention to Bitcoin and Help Adoption The projection is thought to be the work of the bank’s new neighbours, Trust Square. They recently moved in across the road from the Swiss National Bank. Trust Square is a blockchain hub that was launched earlier this month. The centre is focused on Read more …

The US Federal Trade Commission (FTC) will be holding a free workshop this summer titled “Decrypting Cryptocurrency Scams” according to a press release published today, April 30. The workshop’s main aim is to educate the public about risks in the crypto sphere. The event will include consumer groups, law enforcement, research organizations, and the private sector to examine how scammers are taking advantage of public interest in digital currencies. The FTC’s press release notes that while interest in crypto has Read more …

Market Updates The Localbitcoins markets of several nations have produced significant spikes in recent weeks, with the peer-to-peer (P2P) markets of Hungary, Peru, and Venezuela establishing new all-time highs for volume when measuring in trade in fiat currency. Also Read: Bitcoin in Brief Monday: Outage Downs Telegram, Bitcoin Shines on a Bank P2P Markets of Latin America Surge The P2P trading volume of numerous South American markets have shown considerable strength in recent weeks, with many markets producing Read more …

Japan`s financial services giant SBI Holdings plans to launch its crypto exchange this summer, local media outlet Business Insider Japan reported April 27. According to a recent announcement by company president Yoshitaka Kitao, the exchange SBI Virtual Currencies will support coins such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Bitcoin Cash (BCH). Yoshitaka suggested that BCH would be regarded as the settlement currency, as the scarcity of BTC makes it expensive and “tiring as a settlement currency”. He added Read more …