Burundi Bans Cryptocurrency Trading in its Soil due to Lack of Security


The Republic of Burundi announces a complete ban on all-things related to cryptocurrency within its borders. The declaration came after the government was urged to investigate and take action against money lost by some of its citizens while trading digital currencies. Officials announced that they...

Major Investor: Reality is Below Crypto Hype But We'll Keep Investing


Fred Wilson. Source: a video screenshot, YouTube, Yext The co-founder and managing partner of venture capital giant Union Square Ventures (USV), Fred Wilson, says his company will continue to invest in the crypto industry despite "it is easy to be bearish on crypto right now" and "the reality...

Stellar Lumens Trades Under Bearish Grip, Fails to Gain Momentum


XLM has started this month on a bearish note, the drop has been extended over the last couple of days. A close above $0.063 within the next two days can trigger a fresh increase. Stellar Lumens has broken below $0.06200 yesterday, and today the coin is trading around $0.0614 to $0.0616. Stellar...

EU Scrutinizes Libra for ‘Potential Anti-Competitive Behavior’


According to recent reports, EU antitrust regulators have been investigating Facebook Inc.’s new launch in the cryptocurrency, Libra. The Commission is ‘currently investigating potential anti-competitive behavior’ associated with the Libra digital project through the concerns about...

‘Cryptocurrency Wizard’ Assaulted and Imprisoned in 500M Fraud Case


A man about 48-year-old arrested for his part in a 500m baht exchange fraud in Bangkok this Wednesday evening. The man named Mana Jumuang was found playing football at the time of arrest in a field by Rama IX Road in the district of Huai Khwang. The news came out from the commander of crime...

Ethereum Classic Continues to Trade with a Bearish Crossover


Ethereum Classic price is having a lot of variations due to the bears being strong in the crypto market. ETC price is in the lower range over the past day fluctuating between $6.69 – $6.84. Current Statistics of Ethereum Classic: As on Sep 05, 2019 at 6:37:53 UTC, statistical data of ETC...

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