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Fintech Company BlockFi Receives $18.3 Million Through Series A Funding


The cryptocurrency loaning start-up BlockFi has secured $18.3 million through Series A funding as declared by the company on Tuesday.  The company is looking forward to international expansion and to launch a new financial product. The Series A funding of the two-year-old company was led by Valar...

Bitcoin and Altcoins Correcting Gains


This week, we saw a strong rise in bitcoin price above the USD 11,500 and USD 12,000 resistance levels. BTC/USD even climbed above the USD 12,200 level and traded to a new monthly high near USD 12,300 before starting a downside correction. It is down more than 5% from the high and is trading below...

Coinbase Hit with Bitcoin Cash Negligence Wrap, Kik Hits Back at SEC


An American court has ruled that cryptocurrency exchange Coinbase will be charged with negligence for allegedly making a hash of the launch of the Bitcoin Cash (BCH) token. Bloomberg reports that San Francisco District Judge Vince Chhabria described the launch as an “incompetence born of haste,”...

How to Become a Blockchain Developer


Skilled blockchain developers are a scarce commodity, as precious as the bitcoins that reside on the distributed ledgers they maintain. Teach yourself one of the major blockchain programming languages and you’ll be set for life, though like anything worth having, this achievement won’t...

How to Shuffle BCH and Keep Your Transactions Private With Cashshuffle


As blockchain surveillance becomes more prevalent, cryptocurrency advocates have created ways to make digital currency transactions more private. Bitcoin Cash (BCH) has an application called Cashshuffle, which allows users to shuffle their BCH with other fractions of BCH to obfuscate...

From Booze to Bitcoin Mining – Why Violent Prohibition Is Always Harmful


Stories continue to emerge about newly discovered illegal mining operations being busted by state and corporate authorities. Just last week Iranian media reported the seizure of 177 Bitcoin mining units worth over $270,000 being smuggled via truck in the Arak region. On July 31, Russia’s...

The Bitcoin Perpetuals Swaps Market is Growing - What You Need to Know


The perpetual swaps market for cryptoassets is growing. First brought to market by leading crypto derivatives exchange BitMEX in 2016, perpetual swaps on bitcoin have started to gain more traction among crypto traders in the past twelve months. Today, several exchanges offer perpetuals while market...

More Cities and Regions Accepting Coins for Taxes, Services


Cryptocurrency payments, as convenient as they can be, are still something most governments are trying to wrap their heads around and regulate. Local authorities, however, being closer to the citizens they are called upon to serve, are often quicker to adopt novelties that make their lives and...

Mainstream Media Hails Bitcoin as Safe Haven Amidst Market Turmoil


While global financial markets are in the midst of a massive turmoil, with the U.S. S&P 500 stock market index selling off more than 3%, even the mainstream media are starting to pay attention to potential bitcoin’s safe-haven properties. Several major media outlets, ranging from Bloomberg to CNBC...

Bitcoin Price Analysis: BTC Price Bulls Hustle to Reclaim $12k


BTC breaks below $12k, stronger rebound expected Bitcoin sees support near $11600, price recovers above $11700 The coin remains in buy phase despite the recent price fall Bitcoin has been continuing its bullish trend against U.S.Dollar since yesterday, however, today’s price move by BTC was...

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