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Will Tether burst the Bitcoin bubble?

January 26, 2018 0 0

Teather is unique cryptocurrency, it’s like a bridge between crypto and fiat. The idea behind Tether is for every 1 Tether that exists there is 1 USD to back it up. It is sitting in reserves somewhere in Tethers bank accounts, always ready for the redeem at  1:1 ratio. This makes Tether basically digital cash […]

Canada’s energy supply is too small to support all its miners

January 25, 2018 0 2

It seems that cryptocurrency miners based in Canada will have to restrain their activities. The miners began flooding with messages the electricity suppliers in Quebec. They seem to have big plans to create new virtual currencies, said Reuters.   Numerous miners are looking after the Canadian market. Following several requests from them, Hydro Quebec renegotiates that the country […]

RUSSIA offering legal cover for cryptocurrencies

January 25, 2018 0 1

Russia is offering legal cover for cryptocurencies as Central banks dissent. Finance Ministry published draft legislation to regulate operations using cryptocurrencies, putting it at odds with the central bank’s resistance to allowing their exchange into rubles and other currencies. President Vladimir Putin said this month that the central bank is right to be cautious about the […]

Arsenal FC becomes the first football club promoting cryptocurrency

January 25, 2018 0 0

Arsenal Football Club will be the first sports club to promote cryptocurrency. It partnered with CashBet who is online gambling platform that enables real-money online gambling in social and mobile games. The company operates in the United States. It says it plans to raise $40 million to $70 million in a sale of CashBet Coins set […]

Total of $130,000 in fines to South Korean cryptocurrency exchanges

January 24, 2018 0 0

Domestic cryptocurrency exchanges in South Korea have been issued a fine for providing insufficient user data protection. In a public announcement, the Korea Communications Commission (KCC) said the penalty is a result of an investigation that the agency conducted from Oct. 10 to Dec. 28 in 2017 across 10 domestic crypto exchanges. Launched as a ministry-level agency, KCC […]

Cryptocurrency invasion of WALL STREET

January 24, 2018 0 0

If you are thinking about investing, the first thing that must come to your mind is Wall Street. The term has become a metonym for the financial markets of the United States as a whole, the American financial services industry (even if financial firms are not physically located there), or New York-based financial interests and also most […]

Hyped ICO vanishes with millions

January 24, 2018 0 0

Benebit, one of this year’s most hyped up ICOs, has just vanished without a trace, leaving investors between $2.7 and 4 million out of pocket.     The scam came to light after someone noticed that the team photos had been stolen from a school website. Once this happened, Benebit ran for the exits, taking […]

$400M of ICO Funds Lost or Stolen

January 23, 2018 0 1

If you’ve ever participated in an ICO you know that the logistics of it are not for the faint-hearted. It’s complicated enough to keep many newcomers into the crypto space well away from them. And if this new research by Ernst and Young is to be believed, it’s also a lucrative hunting ground for hackers […]

1 Bitcoin = 1 Million US Dollars

January 23, 2018 0 1

Dan Schulman, chief executive of PayPal, talks with bitcoin pioneer Wences Casares about bitcoin, blockchain and fintech in a Facebook interview. Casares, a serial entrepreneur, has launched startups across South America and the United States, not the least of which is bitcoin wallet startup Xapo, which he currently leads. Casares is also a member of the PayPal board. Schulman […]

Cargox ICO sold out in just 3minutes

January 23, 2018 0 1

CargoX ICO was sold out today in just 3minutes. Gas prices went through the roof during the ICO, as their recommended 400 000 gas limit was clearly not even remotely enough to have your transaction confirmed. It felt like trying to buy Wimbledon tickets on Ticketmaster all over again to be honest. The gas cost […]


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