Category: Cryptocurrency News

Iran’s central bank said it would consider opinions from the cryptocurrency sphere prior to finalizing new draft regulations, according to a statement today, Jan. 29. The same day, the Central Bank of Iran reportedly uploaded plans for its approach to cryptocurrency regulation on its official website. The bank said it plans to discuss the rules at the ongoing Electronic Banking and Payment Systems Conference in Tehran, which began today. A report from local news outlet Al Jazeera today noted that Read more …

Game company investments, into market leaders like Epic Games, doubled an already record figure for gaming investments in 2017. Epic Games, developer of Fortnite – the world’s most popular videogame – saw the greatest single investment in 2018 of $1.25 billion. Epic Games $1.25 Billion Funding Round is the Largest non-IPO Gaming Investment Ever A first-quarter 2019 report from Digi-Capital, as reported by VentureBeat confirmed the latest industry statistics. Gaming investments reached $5.7 billion in 2018. Double the record figure for Read more …

A site enabling consumers to buy Bitcoin using hundreds of different payment methods says demand is thriving despite declining cryptocurrency prices — with Africa being its biggest market. Paxful says the volume of transactions it has processed from the continent has risen by more than 130 percent — and now, an average of 17,351 trades per day are being made by its users in Africa. As well as enabling consumers to buy crypto using debit cards and platforms such as Read more …

United States merchant services provider and payment processing firm Aliant Payments has announced it will offer free crypto transaction processing to some merchants, according to a press release Jan. 29. Aliant’s crypto processing product for merchants, dubbed CryptoBucks, was launched in 2017. As the firm announced today, free crypto processing via the platform is now available “to qualifying merchants that sign up for debit and credit card processing.” The company clarified that the merchants must be located in the U.S. Read more …

Since Bitcoin began to tumble in early-2018, crypto investors en-masse have been sitting on their hands, eagerly waiting for the eventual market turnaround. And while hopeful sentiment has begun to mount, especially as this industry’s news cycle indicates that common Joes & Jills shouldn’t be disconcerted, one fund manager believes that crypto will take another bone-breaking, heart-stopping, and blood-inducing blow before a rally. Related Reading: Fred Wilson: Bitcoin May Take Much of 2019 to Bottom Out, But There Are Catalysts Crypto Read more …

The initial coin offering of the popular torrent client BitTorrent has been completed successfully in less than 15 minutes on Binance Launchpad. However, some users complain about not being able to participate.  $7.1M In Less Than 15 Minutes BitTorrent, which was acquired by TRON platform founder Justin Sun last summer, had its initial coin offering (ICO) held exclusively on Binance Launchpad. Users from various jurisdictions were restricted from participation such as those from the US and the UK. According to Read more …

Switzerland-based crypto hardware wallet maker Tangem says it has been selected by the Republic of the Marshall Islands to produce the “physical blockchain notes” for the nation’s planned national digital currency. Tangem announced the news Monday, saying the blockchain notes will be used to store the republic’s Sovereign (SOV) digital currency, which is being launched as an alternative legal tender in the country. Once issued, the SOV will be officially accepted alongside the U.S. dollar. Described as “controllable mechanism of currency issuance Read more …

On February 1st, 2018, everyone was bullish on Bitcoin, more so the channels calling to hold (or hodl) on to Bitcoin, we all know what happened next. However, a Telegram channel going by @blockchainwhispersbaby announced to followers that Bitcoin was going to drop at the height of January. For anyone who has always been wary of self-proclaimed Telegram channels and Twitter prophets, the 96% accuracy of this channel has to be astonishing. That’s incredible, well above 75% which would be Read more …

According to a report from The Korea Herald, a mainstream media publication based in South Korea, Samsung Pay could integrate crypto into the Samsung Galaxy S10. Earlier this month, CCN reported that the potential development of a crypto wallet by Samsung and the Galaxy S10 development team was leaked by an insider. Galaxy s10 with crypto wallet? pic.twitter.com/6IICujXEnm — Gregory Blake (@GregiPfister89) January 22, 2019 New reports suggest that Samsung will bring crypto into its ecosystem through Samsung Pay, its Read more …

On Jan. 25, United States (U.S.) President Donald Trump ended the partial government shutdown, albeit temporarily. As a result of the funding package he signed on Friday, the government will be open for three weeks. While the future still seems unclear for U.S. government facilities, which are now returning to work after the 35-day standoff between Trump and the Senate, it is time to reassess how regulatory agencies like the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission Read more …

The Daily In Tuesday’s edition of The Daily, we detail the theoretical vulnerability found in the Coldcard crypto wallet, coming just one month after its manufacturer ridiculed the flaw found in other hardware wallets. Sticking with vulnerabilities, we also consider the risks of leaving your funds on an exchange in the wake of Liqui’s demise and examine how private zcash transactions really are. Also read: Italian Court Orders Bitgrail Founder to Refund $170M of ‘Missing’ Cryptocurrency Coldcard Subjected to Proof-of-Concept Read more …

Neither the Dow nor the bitcoin price looks like it has the momentum to begin clawing back Monday’s losses, as both the stock market and the large-cap cryptocurrency index are flashing little movement ahead of the US trading session. Shaky Dow Hopes to Avoid Opening Bell Losses As of am 8:42 am ET, Dow Jones Industrial Average futures had gained 70 points or 0.29 percent, implying a rise of 49.78 points when the markets open. The index had steeled itself Read more …