The U.S. Securities and Exchange Commission tightens the noose on exchanges Bitcoin drops to half it’s all-time high Regulation-compliant companies push aheadIt was no surprise when the SEC announced on March 7, 2018, that they would begin imposing regulations on cryptocurrency exchanges. This announcement comes after months of criticism of cryptocurrencies from Jay … [Read more...] about What Cryptocurrency Exchange Regulations Mean for You
Archives for March 2018
Occasionally cryptocurrency developers decide to produce a fork of a particular blockchain, allowing for another separate coin to form from the same blockchain. These forks are uncommon, but to ignore them as a trader would be negligible because a handful of them become incredibly lucrative investments. For instance, Bitcoin Cash (perhaps the most famous fork to date) … [Read more...] about How to Evaluate a Fork
In a document published on Tuesday, Google announced that it would be making changes to its financial products policy. These changes include a ban on advertisements for cryptocurrency and related content, ‘Including but not limited to initial coin offerings, cryptocurrency wallets, and cryptocurrency trading advice.’ Google isn’t the first big name to take similar action The … [Read more...] about Google Bans Ads For ICOs And Other Crypto Related Services
FinCEN the bureau of the US Treasury that collects and analyses data to combat illicit transactions wants to introduce legislation that would fundamentally change the shape of the ICO market.Companies are increasingly looking to ICOs as a way to get off the ground, but the lack of a transparent and standardized system of regulation is making it difficult to ensure that this … [Read more...] about FinCEN Want To Treat ICOs As Money Transmitters
In 2017, we saw cryptocurrency reach new heights. Prices soared, and many coins even got mainstream media coverage. In 2018, it is likely that this success will continue (even if the markets don't look great right now). But the question is 'which coins will succeed the most this year?' Of course, such a question cannot be answered accurately, but some healthy predictions can be … [Read more...] about Which Coins Might See the Largest Gains of 2018?
Prasos Oy, a major crypto service provider has lost most of its banking partners in what could be a major blow to the wider crypto-market.Prasos Oy claims to believe in the future of the technology, but they have suffered a huge setback having lost the backing of the majority of their banking partners. Prasos provide a variety of crypto-related services through their app … [Read more...] about Prasos Oy: 4/5 Banks Block Transactions For Finnish Crypto-Service Provider
A few days ago when I decided to write this article about the prospects for Bitcoin and Ethereum for the remainder of 2018, they had both enjoyed a month-long bull run. BTC had almost doubled from $6,000 to $11500, and ETH had gained more than 35% from $630 to $860.Within a couple of days that all changed and the bears took over. Prices fell sharply, primarily due to the … [Read more...] about Will Bitcoin and Ethereum Reach All Time Highs in 2018?
Hacks of cryptocurrency exchanges seem to occur with alarming frequency and ultimately many of them close down with investors left counting their losses. It’s ironic that the funds of a decentralized ledger like the Bitcoin blockchain are left so exposed on centralized exchanges. Until decentralized exchanges become more popular with traders, we should expect the hacks to … [Read more...] about 3 Major Hacks That Rocked Crypto
In the state of Wyoming, legislators have voted unanimously in favor of a bill that, if made law, would see some cryptocurrencies exempt from being treated as securities.The ‘open blockchains token exemptions’ bill has flown through the first stage of a process which could see it become the first token specific law to be implemented in the world. Naturally, this is a … [Read more...] about Wyoming May Introduce The World’s First ‘Token Specific’ Law
Vechain is perhaps one of the most intriguing projects in the world of blockchain technology. It boasts an incredibly loyal fanbase, as well as several high-profile partnerships and all of this despite not having published a white paper. These successes are likely in no small part thanks to the company’s unique style of marketing which we covered in another article.What … [Read more...] about What is Vechain?
John Burbank, the founder of Passport Capital, spotted a bubble in subprime mortgages before the financial crisis, and this week he spoke about how he predicts blockchain will be the future of finance.Regarding finance, John Burbank is a man whose opinion is well worth noting. In 2004, he spotted the housing bubble before the market went into meltdown, and he has been … [Read more...] about John Burbank: Financial Heavyweight Predicts Crypto Will Affect Every Business In The World Within Five Years
This is a follow up to the article on the Binance exchange API "hack" based on what we now know.Binance was quick to stress their exchange was not hacked, but to be honest, you would expect that to be their first reaction, to prevent a meltdown. I use the term "hack" as a very general term for any nefarious computer activities, which on this occasion appears to be a very … [Read more...] about Is Google To Blame For The Binance Exchange API “Hack”?
Most of the cryptocurrencies we know and love run on blockchain technology, meaning that they need a miner to validate each block/transaction before it can get added to the blockchain. This is how Bitcoin, Litecoin, Monero, Ethereum, and the majority of other coins work. This system gave birth to a whole new career option: becoming a blockchain miner.Mining involves … [Read more...] about Mining Communities are Threatened by the New Wave of Crypto
Ever since Monero gained prominence in the market, privacy-based coins have taken up a large segment of the cryptocurrency landscape and ecosystem. People find a level of comfort and interest in these coins as they allow for people's financial movements to be untraceable. These coins have been used to facilitate illicit activities and purchases, but this does not mean that the … [Read more...] about How to Evaluate a Privacy Coin
For several hours on March 7, 2018, the crypto world was rocked with what appeared to be yet another cryptocurrency exchange hack. Social media networks like Twitter and Reddit were awash with angry Binance account holders proclaiming that their coins were being sold off without their consent.So, was the Binance exchange hacked and would it be added to the growing number of … [Read more...] about Why You Never Leave Your Main Stash Of Crypto On An Exchange
It’s possible that you have already heard about the Coincheck hack in which 500 million NEM tokens were stolen from a hot wallet on a Japanese exchange. As more crypto is being traded online, these platforms are becoming an increasingly appealing target for hackers and what’s worse is that once these funds are stolen, they are difficult to recover, and the thieves hard to … [Read more...] about Japanese Exchanges To Self Regulate In The Wake Of A $500 Million Heist
Over the last week, Mark Carney has been notably vocal in his criticism of the crypto market. Now, of course, this man is an authority on finance, but his words should be taken with a pinch of salt. This is because Carney has a vested interest in slamming the crypto-market, a market that offers an unprecedented challenge to an established order that benefits bankers.In a … [Read more...] about Top ‘Carneys’ Of The Week
Venezuelan President, Nicolas Maduro, has outlined plans to issue a cryptocurrency backed by oil, but the opposition has responded vigorously, declaring the move unconstitutional and warning that it constitutes the illegal issuing of debt.Venezuela has been stricken by four years of recession that have resulted in the highest rate of inflation in the world and left … [Read more...] about Venezuela: President Maduro’s Oil-Backed Petro Declared Illegal By Opposition
Not too long ago, people from all walks of life where thrilled when Bluetooth technology enabled them to send music wirelessly from their phones to speakers or when they could use hands-free technology to speak to people as they were driving. Since its launch, Bluetooth has become synonymous with wireless technology.In July 2017, Bluetooth announced that it would now … [Read more...] about Could Bluetooth Mesh Networks be the Future of Communications and IoT?
The team behind Bitpanda have announced the launch of a new project Pantos – the first multi-blockchain token system. We break down a few of the project’s principal features.Cryptocurrency exchange, Bitpanda (formerly Coinimal), has just announced a project that they hope will lead the way towards widespread adoption of crypto, and encourage competing developers to work … [Read more...] about ICO Alert: Pantos – The Everything Token System