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Bitfinex to Terminate Services for U.S. Retail Customers by November 9

October 18, 2017 Samuel Haig 0

Bitfinex to Terminate Services to U.S. Retail Customers by November 9Bitfinex has announced its plan to terminate all services for U.S. individual customers by November 9th 2017. Their announcement comprised a follow-up to a statement issued in August, which indicated the company was suspending all new requests for account verification from U.S. individuals. Also Read: The Controversy Surrounding Tether’s USD “Backing” Continues Bitfinex Will Suspend Trading, […]

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JPY, USD, and KRW Accounts for Over 90% of Bitcoin Traded on Exchanges

October 17, 2017 Samuel Haig 0

JPY, USD, and KRW Accounts for Over 90% of Bitcoin Traded on ExchangesCNY to bitcoin trading now accounts for approximately only 1% of all bitcoin trade occurring on exchanges, according to cryptocompare data. The Chinese cryptocurrency crackdown has drastically altered the global composition of bitcoin markets. 60% of bitcoin trading currently occurs through Japanese markets, with the U.S. and South Korean markets also comprising a significant share […]

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Australian Bitcoin Adoption Increases Following Regulatory Amendments

October 16, 2017 Samuel Haig 0

Australian Bitcoin Adoption Increases Following Regulatory AmendmentsIn recent months, the Australian government has sought to amend its bitcoin regulations – which were previously notoriously unfavorable to businesses and individuals seeking to use and adopt cryptocurrency. The Australian cryptocurrency industries have since shown signs of significant growth, with many industry insiders attributing the improving investor confidence to amendments made to federal legislation […]

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Bitcoin Market Capitalization Approaches $100 Billion USD

October 15, 2017 Samuel Haig 0

Bitcoin Market Capitalization Approaches $100 Billion USDThe total market capitalization of bitcoin is approaching $100 billion USD, currently sitting at approximately $94 billion USD. The current market capitalization is comparable to that of numerous top 100 global companies. Also Read: Markets Update: Bitcoin’s Price Peaks Past $5800 Across Global Exchanges Bitcoin’s Market Capitalization Has Begun to Test the $100 Billion USD Area […]

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Julian Assange Thanks U.S. Government for 50,000% Gains on Wikileaks’ Bitcoin Holdings

October 15, 2017 Samuel Haig 0

The founder of Wikileaks, Julian Assange, has posted a tweet thanking United States government officials and the financial institutions that refused services to Wikileaks for driving them to invest in bitcoin during 2010. Assange’s tweet indicates that Wikileaks’ bitcoin holdings have seen gains of over 50,000%. Also Read: Your Bitcoins Open to CIA and Criminals, Heed […]

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PBOC Director Advocates State-Issued Cryptocurrency

October 14, 2017 Samuel Haig 0

PBOC Director Advocates State-Issued CryptocurrencyThe Director of The People’s Bank of China’s (PBOC) Digital Currency Research Institute, Yao Qian, has announced his determination that the issuance of a state-owned digital currency is necessary in order to “fundamentally guarantee the market position of… [China’s] currency”, as reported by Chinese media outlet, Yicai. Also Read: Virtual Currencies Expected to Be Regulated in […]

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Bank of Lithuania Discourages Financial Institutions From Dealing With Virtual Currencies

October 13, 2017 Samuel Haig 0

Bank of Lithuania Discourages Financial Institutions From Dealing With Virtual CurrenciesThe Bank of Lithuania has issued an official position regarding initial coin offerings (ICOs) and cryptocurrencies, in which the central bank encourages banks to withhold financial services from businesses operating with virtual currencies. Lithuania’s central bank also expressed its belief that ICOs should be regulated as securities. Also Read: Lithuania Shows ‘Serious Intentions’ in Blockchain Innovation […]

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The Pirate Bay Resumes Running In-Browser Javascript Cryptocurrency Miners

October 12, 2017 Samuel Haig 0

The Pirate Bay Resumes Running In-Browser Javascript Cryptocurrency MinersThe major torrenting website, The Pirate Bay, is reported to again be using cryptocurrency mining scripts on its website. Last month, it was discovered that The Pirate Bay had embedded multiple Monero miners on its website, which the company claimed was being trialed as an alternative revenue model to hosting ads. Also Read: Pirate Bay Founder’s […]

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Iranian Computer Hardware Company Accepts Bitcoin

October 12, 2017 Samuel Haig 0

Iranian Computer Hardware Company Accepts BitcoinLioncomputer is an Iranian computing hardware company that has been operating since 2013. Yasser Ahmadi of Lioncomputer told news.Bitcoin.com that Lioncomputer has sought to actively engage with the Iranian bitcoin mining community, stating that the company “has supported miners through mining forums and provid[ed] them with the latest mining hardware.” Mr. Ahmadi claims that Lioncomputing […]

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XBT Provider Launches First Ethereum Exchange-Traded Notes

October 11, 2017 Samuel Haig 0

XBT Provider Launches First Ethereum ETNsThe issuer of the world’s first bitcoin exchange-traded notes (ETN), XBT Provider, has announced the launch of the first ethereum ETNs. XBT Provider will launch two exchange-traded notes – Ether Tracker One (COINETH) and Ether Tracker Euro (COINETHE). Also Read: XBT Provider Fined by Nasdaq XBT Provider Has Announced the Launch of Two Ethereum ETNs XBT […]

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