Ahead of its hard fork, Bitcoin Cash surged as high as 29 percent during the weekend trading session. All the eyes are now on whether the altcoin can swell any further, especially when it promises to offer holders free tokens after its blockchain splits. Trading Sentiment around Coin Forks Traders tend to behave bullishly whenever…
An Indian teenager is in hot water after threatening to carry out a deadly attack on a U.S. international airport after he failed to receive support from the FBI in relation to an alleged Bitcoin scam. Bitcoin Scam Leads to Volatile Situation at Miami Airport Bitcoin’s price may be experiencing an extreme lack of volatility,…
MetaMask, the most popular Ethereum wallet in the world, has just hit a major milestone of 1.3 million downloads, according to a recent announcement. MetaMask Hits 1.3 Million Users The wallet comes as a new Chrome extension, and it offers numerous features, such as a secure identity vault. It allows anyone to run decentralized application (dApps) on…
Amid 2017’s roaring bull run, which saw the crypto market’s value swell from $20 billion to $800 billion, institutional players, such as hedge funds and endowments, were evidently hesitant to step foot in this industry. But now, analysis done by Morgan Stanley indicates that institutions have begun to accumulate crypto en-masse, presumably due to the fact…
Although relative non-action in crypto markets has continued, with prices stagnating en-masse, prominent institutions, such as Goldman Sachs and Tiger Global, still seem ready to pounce on what this nascent industry has to offer. Goldman Sachs Onboards Exclusive Investors For Bitcoin Products Per an insider scoop from The Block, Wall Street’s golden child, Goldman Sachs,…
In the U.S. Securities and Exchange Commission’s (SEC) latest annual report, the regulatory authority explained that reducing the number of cryptocurrency-related scams is currently among their top priorities. The report specifically cites initial coin offerings (ICOs) as one such sector of the industry that they are focusing on. The report comes amidst an exponential increase in crypto-related…
Brazil’s tax regulator, the Department of Federal Revenue, is requiring local cryptocurrency exchanges to report their operations on a monthly basis in order to verify tax compliance and improve the country’s fight against money laundering and corruption. Brazillian Cryptocurrency Exchanges to Report Monthly Trading Data to Authorities Citing the examples of Australia and South Korea,…
Binance, one of the biggest cryptocurrency exchanges on the planet, has announced full support of the upcoming Bitcoin Cash hard fork scheduled for November 15. More Companies Announce Bitcoin Cash Hard Fork Policies Just days after Ledger, one of the largest hardware wallet providers globally, announced their own policy on the upcoming Bitcoin Cash hard…
Blockchain-based virtual game CryptoKitties has raised US$15M in financing led by Venrock, with participation from GV (formerly Google Ventures) and Samsung NEXT. Funds raised will be used to establish a U.S. subsidiary, hire leading executives in the U.S. and Canada, and develop its infrastructure. High-Profile Investors Line Up to Back Consumer Blockchain Success CryptoKitties With…
The rapper known as T.I. has reportedly been sued for his involvement in a cryptocurrency token scam that left investors high and dry. Rapper T.I. Accused of Defrauding Crypto Investors According to celebrity gossip outlet TMZ, rapper T.I., whose real name is Clifford Joseph Harris Jr., is being sued to the tune of $5 million…