A Chinese magazine has made the rare decision to promote Bitcoin payments by accepting the currency for subscriptions. Beijing Sci-Tech Report (BSTR), China’s oldest media publication covering the tech industry, has announced it will offer subscriptions payable with Bitcoin (BTC), local media outlet Guangming reported Sunday, September 30. An evidently rare occurrence from China, were […]
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New research on ICOs’ spending habits reveal over $700 million “realized” in profits and almost $100 million remaining. Initial Coin Offerings (ICOs) have almost broken even on funds sold versus funds they raised, new research by Hong Kong cryptocurrency trading platform BitMEX revealed Monday, October 1. The findings, compiled in partnership with crypto analytics resource […]
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Bitcoin ‘tycoon’ Li Xiaolai has announced he intends to take a several-year break from the cryptocurrency industry. China’s Bitcoin ‘tycoon’ and serial investor Li Xiaolai will take a hands-off approach to future blockchain projects, he announced on social media Sunday, September 30. In an approach that appeared to take many by surprise, Li, well known […]
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Blockchain network developed by the government of Australia recorded 40,000 transactions per second. On Sept. 26, Australia’s National Science Agency (CSIRO), an independent Australian federal government agency responsible for scientific research, developed a blockchain network called Red Belly with the University of Sydney. They successfully conducted a pilot test on the Amazon Web Services (AWS) […]
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BTC price once again has torn through resistance levels and with many October catalysts seems to be on the cusp of a bullish breakout. Could a bull run be on the horizon? Market Analysis The last 3 weeks saw TRIG, VIBE, and INS predicted prior to their Northern price trends and this week an underpriced […]
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A crypto coalition led by Ripple plans to pay D.C. lobbyists to impact the government’s stance on cryptocurrencies. Ripple will lead a group of crypto startups to lobby lawmakers and financial regulators in D.C. to support crypto and blockchain innovation, Bloomberg reported on Thursday, September 27. According to the report, the coalition of San-Francisco-based crypto […]
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U.S. judge ruled that crypto tokens are a commodity, yet again. This week, a United States federal district judge ruled that an allegedly fraudulent crypto token meets the definition of a commodity. That brought the case under the Commodity Futures Trading Commission’s (CFTC) purview, which has long argued that virtual currencies constitute commodities. Here what […]
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September 25th, 2018, Malta – The VegaWallet platform will allow businesses not only to receive crypto payments (In addition to traditional cash and credit) but also sell crypto to customers as well. The platform will bridge the gap between consumers who wish to purchase items with cryptocurrency, and businesses who do not yet accept blockchain based digital assets. […]
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Russia’s government has continuously gone back and forth on crypto regulation, with final legislation tentatively set to be finalized this fall. Russia has been trying to pass cryptocurrency legislation since the beginning of January 2018, with no success as of yet. The government’s main bill, “On Digital Technologies,” which was expected to be passed by […]
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More than a dozen congressmen have sent a letter to the SEC asking the agency to provide more clear regulation regarding cryptocurrencies. A group of lawmakers from the U.S. Congress has sent a letter to Securities and Exchange Commission (SEC) Chairman Jay Clayton, calling for regulatory clarity regarding cryptocurrencies, CNBC reported September 28. According to […]
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