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Crypto Pyramid Scheme in Uganda Steals Employees’ Money and Closes
6.12.2019
An alleged crypto pyramid in Uganda stole money from its employees and covertly closed down its offices
EU Finance Ministers Place Defacto Ban on Libra
6.12.2019
Libra’s ongoing organizational snags and run-ins with regulators continue into December, as EU finance ministers agreed Thursday that Libra cannot be launched in the EU until concerns are adequately addressed. The finance ministers issued a joint statement citing regulatory “challenges...
Börse Stuttgart Digital Exchange Opens to All Users Based in Germany
6.12.2019
Germany’s second-largest stock exchange has opened its new trading place for "digital assets" also for all users with German residency
MARKETS DAILY: Planning a Run on “Bitcoin Banks”?
6.12.2019
With markets mixed but mostly down, we're looking at DeutcheBank's 2030 crypto call, the movement encouraging an annual bitcoin exchange "bank run", and Enjin’s Microsoft-fueled rally
US SEC Approves BTC Futures Fund to Offer Shares to Institutional Investors
6.12.2019
The U.S. SEC grants approval to NYDIG Bitcoin Strategy Fund to offer its shares to institutional investors
Canadian Bitcoin Miner Goes Bankrupt Indebted To Taxpayers
6.12.2019
Source: Istock/Golden_Brown
Canada-based Bitcoin (BTC) miner and AI data processor Great North Data has filed for insolvency, leaving behind millions of dollars in debt. In an unusual situation for a cryptocurrency miner, these include hundreds of thousands of dollars the company owes to Canadian...
'Crazy' Chain of Bitcoin Transfers Drives Cryptoverse Crazy
6.12.2019
A screenshot of the popular conspiracy GIF.
Millions in the world’s most popular cryptocurrency have been moved from one wallet to the next today, and the Cryptoworld wants to know why.
In the last 24 hours quite a few large Bitcoin (BTC) transactions have been spotted by the crypto tracking...
Asset Manager Secures SEC Approval to Create Novel Bitcoin Futures Fund
6.12.2019
NYDIG plans to raise $25 million for an SEC-approved investment fund focused entirely on cash-settled bitcoin futures
Key Bitcoin Price Indicator Turns Bearish, But It May Not Be Bad News
6.12.2019
The widely followed monthly MACD has turned bearish for the first time since May. However, it likely just reflects recent months of price downturn
Steven Mnuchin Does Not Expect US to Issue Digital Dollar in Next 5 Years
6.12.2019
U.S. Treasury Secretary Steven Mnuchin says he and the Federal Reserve chairman see no need for the country to issue a digital dollar
Bitcoin Faces Firm Resistance Above $7,400 and Holds Bearishness
6.12.2019
Bitcoin price trades above $7,200 and $7,300 after having dropped near to $7,000 BTC price soared as high as $7,772.62 in the past five days, but currently faces resistance at $7,400 followed by $7,500 The currency continues to trade in the selling zone; gains support from 5-day EMA and SMA Bitcoin...
Venture Capitalists Have Invested Over $200M in Stablecoins
6.12.2019
Does the world need more stablecoins? Yes according to VCs, who have thrown hundreds of millions of dollars at projects developing stable or low volatility digital assets. The $45 million committed in 2019 takes the past two years of VC investment to over $200M. Also read: RBI Governor Discusses...
Bitcoin and Altcoins Aligning For Next Significant Move
6.12.2019
After a fresh bearish wave, bitcoin price found support near the USD 7,100 area. BTC/USD is currently rising (10:30 UTC) and trading above USD 7,250 and USD 7,350. However, the price needs to gain bullish momentum above USD 7,400 to continue higher in the near term.
Moreover, it seems like most...
The North American Bitcoin Conference Returns
6.12.2019
The global Bitcoin and blockchain community will meet in Miami for the seventh year running to create the future of the industry. The North American Bitcoin Conference (TNABC) has hosted 20,000 attendees since 2013 and the ongoing show of support and community convergence from around the world...
Thai Police Arrest 24 Chinese Nationals for Alleged Bitcoin Scam
6.12.2019
Thai immigration police have arrested 24 Chinese nationals in connection with an alleged Bitcoin scam call center
Mining Chip Maker Ebang Next in Line to File for US IPO
6.12.2019
Ebang, the ASIC chip and mining rig manufacturer based in Hangzhou, China is allegedly filing for an initial public offering (IPO) in the U.S. following Canaan’s recent Nasdaq listing and Bitmain’s secret IPO filing. The world’s third-largest bitcoin mining hardware manufacturer...
Deutsche Bank: Fiat Money is Fragile, Crypto - Inevitable
6.12.2019
The forces that hold the fiat money system together look fragile and, over the next decade, some of these forces could begin to unravel and demand for alternative currencies, from gold to crypto, could take off, German banking giant Deutsche Bank said in its recent report Imagine 2030.
"While...
Almost 70 Crypto Funds Close This Year, Twice as Many Launch
6.12.2019
Dozens of crypto funds, almost 70, have closed this year, a mainstream media outlet reported. And while the startling number reveals the influx of institutional investors into the crypto space might not be happening at a fast pace, it’s also worth noting that crypto fund launches...
Tron and Poloniex Relationship Scrutinized After Digibyte Delisting
6.12.2019
The crypto firm Circle recently revealed that it was spinning off the trading platform Poloniex and has since warned customers to withdraw assets or they may be sent to state governments. Following the announcement, the founder of the crypto network Digibyte (DGB), Jared Tate, explained he...
The Politics of Destruction
6.12.2019
For some time now, I have been aware of a widespread fascination among many libertarians with Jim Bell’s “Assassination Politics” (AP). At my request, Robert Vroman has defended the merits of AP. In this article, I will argue that AP is just about the single worst idea that...