Category: Cryptocurrency News

The following is a full translation of statements by China’s financial regulators outlining a recent ban on initial coin offerings.  Recently, a number of token fundraising activities in the country, including initial coin offerings, have emerged for the purposes of financing and speculation. Such [sales] are considered illegal and disruptive to economic and financial stability. In order to be compliant with the messages conveyed during the National Financial Work Conference, to protect the legal rights of investors and to prevent financial Read more …

A reader recently sent me the following email: “As you know, there are ‘market experts’ pitching bitcoins as an ‘investment’. Has a Huge YTD gain. I’d bet a lot of your readers would like to know if a bitcoin position has a place in a balanced financial portfolio.” I always appreciate hearing from readers, especially when they challenge me with topics I would normally not have considered. Bitcoins are not something to which I’ve paid serious attention. First, let me Read more …

This week’s Bitcoin.com podcast with our host ‘Bitcoin Brian’ features, Dr. Jemma Green, co-founder of the distributed ledger technology firm, Power Ledger. Dr. Green is also the founder of the Global Blockchain Business Council and a Forbes contributor. Dr. Jemma Green is a big believer in blockchain technology and her firm, the Australian startup Power Ledger, aims to decentralize the energy sector. Dr. Green worked for JP Morgan in 2013 and later got her Ph.D. in Energy Markets and Disruptive Innovation. Read more …

We knew a correction was coming and we knew that it would likely be somewhat substantial, but we didn’t know when it would hit. This week, it looks like we’ve got what we expected. The bitcoin price trading at a circa 10% discount to highs from last week and we are currently in some sort of a consolidation phase, with price trying to find its footing and, in turn, trying to stage a recovery. Exactly how long any recovery might Read more …

Trackr Platform Offers a Simplified Way to Analyse and Improve Your Investments LONDON, UNITED KINGDOM — (August 30, 2017) — Trackr , a crypto analysis engine, has been in talks with various exchanges and has confirmed listing on at least 3. This allows users using the Trackr platform to easily purchase and trade the tokens for the platform and utilize its platform trading and subscription models. Trackr will release information on exchanges sooner to the ICO conclusion date. The team have Read more …

Hong Kong financial regulator, the Securities and Futures Commission (SFC), has announced that tokens issued via initial coin offerings, or ICOs, may be classified as securities. In the statement, Julia Leung, the regulator’s executive director of intermediaries, explained that the SFC is “concerned about an increase in the use of ICOs to raise funds in Hong Kong and elsewhere.” She warned that those involved in an ICO “need to be aware that some ICO structures may be subject to Hong Kong securities laws.” Further, the Read more …

Bitcoin fell by another $300 on Tuesday after the fallout of a Chinese ban on cryptocurrency crowdfunding methods saw the price of the digital coin slump earlier this week. The virtual currency fell from $4,584 to $4,350 on Monday following the announcement of a regulatory clampdown on initial coin offerings (ICOs). Many start-ups rely on ICOs as a means to raise funds by selling off new digital tokens to the market. Total ICO investments peaked above $1.2 billion this year. Read more …

The Bank of Russia has issued a statement warning about the risks of digital currencies including bitcoin as well as Initial Coin Offerings (ICOs). The central bank says it is premature to allow the circulation and use of cryptocurrencies within the financial infrastructure of Russia. Also read: Google Says Russia’s Interest in Bitcoin up 220%, Mining 560%, Ethereum 760% Bank of Russia’s Warning The Central Bank of Russia issued an official statement on Monday regarding digital currencies. The bank’s press release 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. London, UK., Sep 5, 2017 /ATLANT/ — The ATLANT team has released its alpha v0.1 encompassing a substantial part of the ATLANT Platform framework. ATLANT is a real estate platform built on the blockchain, specializing in tokenization of Read more …

It’s been an extreme few months in the world of cryptocurrency. Bitcoin and other crypto assets have hit all-time highs, new cryptocurrencies have been announced and sold, and a wave of new token funds have launched. If you’re looking to put more money to work in the token space, another thing that you’ve probably noticed is an explosion in the names used to define the different types: app tokens, utility tokens, security tokens… What’s the difference and why does what a token is called matter so much? The short answer Read more …

The concept of Tether and their USDT tokens has always seemed strange. The company guarantees every USDT is pegged to the value of $1. Such claims are always pretty difficult to maintain over the long run. Especially when the company simply creates more Tethers out of the blue without proving they are all backed by a US Dollar value. Over the past few days, around 75 million Tethers have been issued. The latest batch saw 25 million USDT appear, which Read more …

The second largest independent ATM deployer in Australia Stargroup has signed a joint venture agreement with blockchain payment solutions company Digitalx to convert their existing ATMs into Bitcoin ATMs (BTMs). The agreement is for Stargroup’s entire global network, starting with Australia, where it has deployed over 500 ATMs and manages 2,400 more via its subsidiary Starlink. Also read: Australia Introduces Bill That Regulates Bitcoin Exchanges Digitalx & Stargroup Digitalx Limited has signed a joint venture agreement with Perth-based Stargroup Limited. The Read more …