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Traders Are Now Banned From Using Localbitcoins Exchange in Iran
24.5.2019
Traders from Iran have been banned from using the peer-to-peer trading platform Localbitcoins.com within the country. The Iranian section of the website displays a short message that states that the exchange is “currently not available.” The news follows significant Iranian rial trade...
Hackers Have Looted More Bitcoin Than Satoshi’s Entire Stash
24.5.2019
Ever since cryptocurrencies started gaining value, hackers have targeted exchanges that provide digital asset trading and malicious entities have siphoned billions of dollars worth of bitcoin since 2010. So far, over 1 million of the world’s BTC has been stolen from exchanges and traders...
Bitcoin (BTC) Price Analysis: Bitcoin’s High Intra-day Fall is Nothing to Worry About
24.5.2019
Bitcoin fell to $7400 in the last 24 hours, giving a shock to the investors. The 2019 Prediction target rests with $55,000. At the times of high valuation and high expectation, Bitcoin (BTC) had given a shock to many investors when it touched 7400 USD in the last 24 hours. This fall in the intraday...
The world’s largest telecommunication company, AT&T to accept Bitcoin as payment
24.5.2019
World’s largest telecommunication company, AT&T, has recently declared that they will accept payment in cryptocurrencies. They are the first major company to accept virtual currencies as payment. The company has partnered with payment processing company Bitpay for processing the payment of...
Hackers Behind Baltimore City Ransomware Attack Demand 13 Bitcoins, So Are Cryptocurrencies For Criminals?
24.5.2019
Ransomware attacks are the worst nightmares of an any organization’s cybersecurity, and more so in the case of administration. The recent Ransomware attack Baltimore City named RobbinHood has once again proved that cybercriminals are more than a step ahead of the authorities. The hackers have...
Supreme Court Advocate Suggests How to Regulate Cryptocurrency in India
24.5.2019
An Indian supreme court advocate has shared some thoughts on the kind of cryptocurrency regulation India can benefit from. The right regulatory framework “would ensure transparency, oversight and accountability,” but a “one size fits all” regulation would be a mistake,...
Telecom Giant AT&T Now Accepts Bitcoin Payments
24.5.2019
On May 23, telecom giant AT&T announced that customers can now pay their bills through Bitpay. The firm has become the first major U.S. mobile and landline carrier to accept BCH and BTC for payments. Also Read: US Copyright Office Responds to Craig Wright’s Bitcoin Registrations...
Markets Update: Bulls Show Signs of Exhaustion as Crypto Prices Taper
23.5.2019
Cryptocurrency prices have dipped slightly since our last markets update as most digital assets are down between 2-7% over the last 24 hours. Today, on May 23, the market capitalization of the entire cryptoconomy is around $237 billion and the daily global trade volume is roughly $77 billion. Also...
Over 55,000 Brazilians Conned For $200 Million By Fake Cryptocurrency, As Crypto Frauds Refuse To Die
23.5.2019
Crypto related frauds continue to be a headache for the market. Another one pops out its head from Brazil, where a fake cryptocurrency scams over 55,000 investors. The estimated fraud value is said to be over $200 million. The primary for crypto scams has been the lack of awareness among investors....
Israeli court says cryptocurrencies are asset not currency and are liable to taxes
23.5.2019
The Israeli court has declared all the digital currencies, including Bitcoin should be considered as a taxable asset rather than currencies as per the report surfaced on 21st May in a local news website. The judgment was delivered to the case in which an Israeli startup founder argued with the...
Zcash (ZEC) Price Analysis: The Privacy Feature Of ZEC Is Attaining Major Attention Of BTC Investors
23.5.2019
Zcash itself is looking to displace BTC as the main medium of exchange and a store of value in the crypto sphere. The main attraction of ZEC is its privacy features. In the case of BTC transactions, the anonymity of the transaction parties is not maintained, and the transaction cost is way...
Here Comes Russia’s Largest Crypto mining Farm worth 7.3 Million U.S Dollars by CryptoUniverse
23.5.2019
Equipped with 3000 pieces of mining equipment, spread across 4000 sq. Meters, Russia’s largest crypto mining farm is all set to surprise us. CryptoUniverse is the mind behind this plan. The mining farm has been constructed on the site where previously the “Soviet fertilizer-producing laboratory”...
Bittrex Partners With iBitt, Looking Forward To Scale Up The Blockchain Technology In Peru And Chile
23.5.2019
The global leader in the blockchain revolution- Bittrex has recently made an announcement on Twitter about its partnership with iBitt crypto exchange. As per the announcement, soon, we will be able to see the release of a brand new “digital asset trading platform in Chile and Peru.” This...
Check This Bitcoin Pizza Day Chart: BTC Moons by 320,000,000%
22.5.2019
For the last nine years since the inception of this crypto holiday, the price of Bitcoin on this very day, May 22, would show a substantial rise from the previous year, save for three instances, in 2012, in 2015 and in 2019 (but the day is not over yet.)
This date is celebrated as the day when...
Israeli Court Rules Bitcoin Is Not a Currency in Court Case Over Taxes on BTC Gains
22.5.2019
An Israeli judge has ruled that bitcoin is an asset and not a currency
Tether (USDT) Admits to Having Invested its Few Reserves into Bitcoin (BTC)
22.5.2019
What comes across as a fascinating update as per the latest reports doing the rounds, Tether has confessed to having invested a part of its reserves into the world’s #1 digital currency Bitcoin as well as other assets. These facts were revealed by the company’s lawyer during the ongoing court...
Holding Bitcoin Is Legal In China, Says Bank Of China Law Research Association Council Member
22.5.2019
While most of Asia is booming, China continues to remain a barren land for cryptocurrencies. The world’s second-largest economy has kept its doors shut to Bitcoins, though accepting blockchain technology. However, the latest news coming from China seems to be quite encouraging for crypto...
Australian Man Mined Bitcoin From Government Computers; Can Face Prison For 10 Years
22.5.2019
The increasing interest of people in Bitcoin is not surprising given the global popularity the #1 cryptocurrency enjoys. An Australian man based in Sydney, however, took his love for Bitcoin mining to another level. He tweaked the government IT systems to utilize them for Bitcoin mining...
How to Buy Pizza With Bitcoin Cash
22.5.2019
Every year on May 22, the cryptocurrency community marks this day in 2010 when Laszlo Hanyecz purchased two pizzas for 10,000 bitcoins. To help you celebrate Pizza Day, here are a variety of options to buy to pizza with bitcoin cash (BCH) in different countries around the world. Also Read: How...
Hackers Steal $100,000+ Worth of BTC From Engineering Manager at Crypto Custodian BitGo
22.5.2019
The engineering manager at cryptocurrency custodian BitGo, Sean Coonce, has fallen victim to a SIM swapping hack with a loss of over $100,000