According to the Israeli daily business news outlet, an Israeli court has ruled in favor of the Bitcoin mining company which was closed by the local bank due to money laundering concerns.The process started in May 2018 when the mining company "Israminers" sued the Union Bank of Israeli Ltd, Bank Igud. The mining company had faced problems with cash flow since the bank … [Read more...] about Bitcoin mining firm in Israel won court against the bank that shut it down
Cryptocurrencies are quite a controversial topic if we view it a state issue and not as an individual issue. The fact that they are so new and more in-tune with the younger generation, leaves the governments across the world, creating legislation from scratch or copying each other.However, many don’t understand why these countries would intervene with cryptocurrency … [Read more...] about Why countries want to regulate cryptocurrencies
Cryptocurrencies are becoming more and more popular in Ghana. In fact, they are getting more and more popular in pretty much all of Africa. However, there are problems connected to it. The fact that cryptos are decentralized, means that it is extremely hard to control any violations in terms of the law.So if a citizen gets scammed out of their finances by a fraudulent … [Read more...] about Why licensing Cryptocurrency companies is not enough for Ghana
The Caucasus has always been a center of commerce. Besides Istanbul, the Caucasus was considered to be an alternative "East meets West" hub. Thankfully, geography is not prone to changes over time and the region still retains multiple opportunities for various businesses.It may strike as a shocker, but the Caucasus region, mainly the country of Georgia, is considered to be … [Read more...] about Is the Caucasus A safe haven for crypto companies?
Nordic countries are generally considered as the more “open-minded” bunch of the European continent. In fact, they are considered to be the most tech-savvy countries, so saying that their regulators are terrified by the trademark technology of the last decade is kind of controversial. However, cryptocurrencies have a very distinct feature among them, a feature that most tech … [Read more...] about Why Nordic regulators are terrified of cryptocurrencies
According to a survey conducted by Wearsocial and Hootsuite, South Africa is currently ranking as #1 in terms of population percentage that hold cryptocurrencies.Naturally this is an ideal testimony to how relevant cryptocurrencies have become on the African continent, but the survey does indeed leave out some important details. One of the most important things to consider … [Read more...] about South Africa #1 in crypto holders! Additional hack attacks?
ICO scams are something that plague the cryptocurrency world. Their sole motive is to capitalize on the hype that cryptos still carry with themselves and somehow prey on it. In fact, 80% of the ICOs that were conducted in 2017, turned out to be scams and only 8% were able to fully launch. Thanks to this massive indicator, people started to completely avoid ICOs, meaning that … [Read more...] about Ways to avoid ICO scams
Banco BTG Pactual SA which is a Brazilian Investment Bank is planning to release its own security token.The token will be named ReiBZ. According to Bloomberg, the bank will hold an ICO for the token which will aim to accumulate somewhere around $15 million for its further development. Furthermore, the token is going to be backed by distressed Brazilian real estate assets. … [Read more...] about A new security token from a Brazilian Investment Bank
Norway is cracking down on gambling. The country recently initiated a ban on several gambling companies, Bloomberg reports.After warning 4 companies back in November 2018 and the other two earlier this month, Norway's gambling authority now officially targeted these organizations. The officials say the gambling companies were practicing illegally on Norway's territory. The … [Read more...] about Is crypto a way out for Norwegian payment ban?
Coinbase has been known as one of the most popular crypto exchange hubs. It was establishing experimental projects, as well as including new cryptocurrencies in its listing before anyone else even noticed those new coins. Back when Coinbase adopted ZRX, the crypto community was quite surprised. As the coin was not that big of a deal back then. Thus, it was weird when the … [Read more...] about Another month – another shut down: Coinbase is repealing Shift Card services
No matter how much the cryptocurrency sphere grows, there is still more and more room. However, it is quite hard to determine in what direction the growth will be. Will it be financial? or will it be something like charity or just a commodity?Right now the direction that rumors have been taking us seems to be financial. And it is directed to one of the largest companies in … [Read more...] about A Cryptocurrency from Amazon?
As you may remember, back in January 2018, there was a massive hack that targeted the IOTA network. It was reported that roughly $11 million worth of coins were stolen from the users' accounts. It is believed that most of the victims of the attack were Germans as the majority of stolen fund reports came from there.Busted!Reports have come in from IOTA thanks to their … [Read more...] about $11 million in stolen IOTA tokens recovered
London UK, January 10th 2019 – Wirex, the UK FCA-licenced digital money platform that facilitates the seamless conversion of cryptos and traditional currency, has joined forces with Waves to add the in-demand WAVES token to its platform. The WAVES token holds a unique place in the cryptocurrency spectrum because its underlying utility addresses some critical hurdles that … [Read more...] about Wirex Adds Waves to its Platform
Governments can sometimes make very rash decisions connected to something they don’t understand. In most cases, the “innovation” is restricted whether it is safe or not. Cryptocurrencies are the newest victim to the “fear policy”, as not too many government officials truly understand what it is and what it does. Or maybe they do understand and think it undermines their … [Read more...] about Colorado Faced with Bill Exempting Cryptos as Securities
The cryptocurrency market hasn’t been the healthiest we’ve seen. There are quite a lot of factors affecting it at this very moment, but let’s try and boil them down to three main ones.Cryptos Fall Because of Supply and DemandJust like any other market, cryptocurrencies are affected by this. It’s basically Economics 101 when we talk about supply and demand.Let me … [Read more...] about Top 3 Reasons why Cryptocurrencies Fell in 2018
All of us remember what Donald Trump’s campaign was based on. His biggest argument was about regulating immigration in the United States. The language he used to formulate some this argument was met with quite an adversity, but nonetheless, he is now the leader of the “free world”.His biggest promise to the population was that he would build a wall, stretching across the … [Read more...] about The Wall Coin – Just Another Brick in Trump’s Wall
Even though the markets remain bearish, there is always a good news story to be found in the crypto community.Recently, Wirex surpassed the two million user mark. This suggests that while markets are volatile, crypto-adoption is on the rise and mass adoption is key for the stabilization of crypto. To celebrate this massive achievement, the digital money platform that lets … [Read more...] about Wirex Passes the Two Million User Mark – Crypto Adoption Continues to Grow
Today, December 17, 2018, representatives of BXA (Blockchain Exchange Alliance) and ONEROOT took to the stage at the BXA Press Conference in Shanghai. Among the speakers were BXA Co-CEOs Byung Gun Kim and Tony Sun. Sun is also the CEO of ONEROOT.ONEROOT and BXA recently made the announcement that BXA would become the major institutional shareholder in ONEROOT, thus supporting … [Read more...] about ONEROOT Hosts BXA’s Second Global Meetup
The largest crypto and blockchain conference in the U.S., Crypto Invest Summit, has announced a partnership with the Litecoin Foundation. Charlie Lee, creator of Litecoin, will lead the section of the Builders' track that is dedicated to Bitcoin, Litecoin, and the Lightning Network. Other sessions include the Women in Crypto Track, Security Token & Digital Asset Track, … [Read more...] about Litecoin Foundation and Crypto Invest Summit Partner to Educate Cryptocurrency and Blockchain Investors, Builders and Developers
It’s fair to say that the past few months have been pretty hard on bitcoin miners, with the leading cryptocurrency seeing its market cap fall below the USD 100 million threshold for the first time in over a year. Times are tough for miners, with the recent drop below USD 4,000 rendering many operations unprofitable, which has seen around 100,000 individual miners close up shop … [Read more...] about Bitcoin Miners Have Taken a Hit, but There’s Still Some Positive News to Be Found