Category : Bitcoin

Crisis: After $30 Billion Invested, Most Crypto ICOs Have Nothing to Show

Over the past two years, initial coin offering (ICO) projects in the crypto market have raised more than $30 billion. Yet, most ICO projects have little to show, especially pertaining to user growth, blockchain adoption, and overall user activity on...

Another ‘Satoshi Message’ Attempts to Sway Public Opinion, But Fails

It’s been a crazy week in cryptocurrency land as a large portion of the community watched the Bitcoin Cash (BCH) network split into two chains on Nov. 15. Following the 24 hours of the BCH hash war, an interesting message was found stemming from bloc...

Debunked: Top European Central Bank Official’s False Arguments Against Bitcoin

Benoît Cœuré, a member of the Executive Board of the European Central Bank, condemned Bitcoin (BTC), describing it a bubble, ponzi scheme, and an environmental disaster. “Lightning may strike me for saying this in the Tower of Ba...

Hash Wars: BCH Proponents Confident a Resolution Is in Sight

On Saturday, Nov. 17, the Bitcoin Cash (BCH) community entered the third day of its hash war, with many supporters growing confident that a resolution may be in sight. Close to 300 blocks have been mined on the Bitcoin ABC side of the chain using the...

How SEC’s Paragon Ruling Could Send Many Crypto ICOs to Bankruptcy

The recent crackdown on two initial coin offerings (ICOs) Paragon and AirFox by the U.S. Securities and Exchange Commission (SEC) could lead to many blockchain and crypto projects declaring bankruptcy in the coming months. As CCN reported on November...

The Daily: New Woe for ICOs, Bitcoin Cash Trading Resumes

In Saturday’s edition of The Daily, we examine Q3’s figures for initial coin offerings, and ponder where they go from here in the wake of fresh SEC scrutiny. We also take a look at how exchanges are reacting to the Bitcoin Cash fork. Some platforms h...

Industrial-Scale Adoption of Blockchain Likely in 1-2 Years, Says CEO of Russia’s Largest Bank

Industrial-scale adoption of blockchain technology will surge in the next year or two. That’s the prediction of bitcoin advocate Herman Gref, the CEO of Sberbank — Russia’s largest bank and the third-largest bank in Europe. Gre...

Australia: Bitcoin Trumps iTunes Vouchers as Preferred Payments for Tax Scammers

As the tax season approaches, Australians have more reasons to be wary of persons claiming to be from the Australian Taxation Office (ATO). In the four months since July 1, Australians have lost nearly AU$1 million to scammers posing as the tax offic...

Estonia Issues Over 900 Licenses to Cryptocurrency Businesses

In less than a year since Estonia introduced licensing for companies operating in the cryptocurrency industry, the number of licenses issued has surpassed 900. Authorities in the Baltic country have adopted a rather progressive approach to regulating...

Another $4 Billion Drop: Crypto Market Downtrend Continues as Bitcoin Cash Falls

Over the last 24 hours, the valuation of the crypto market has fallen from $185 billion to $181 billion, by around $4 billion. On November 15, amidst one of the worst single-day corrections in all of 2018, the crypto market saw a wipeout of more than...

A Brief Introduction to Voluntaryism for Crypto Neophytes

The blockchain space appeals to freethinkers, entrepreneurs, and visionaries. Many of these iconoclasts practice voluntaryism, although a philosophy which new entrants may have not heard about. This is because they entered into the ecosystem from the...

Bear Effect: SEC Crypto Crackdown Precedes 48% Drop in ICO Funding

The amount of money that initial coin offerings attracted in this year’s third quarter fell significantly compared to the second quarter. According to a report by crypto market analysis firm ICORating, the amount that was raised via ICOs from J...

Free Keene Activists Launch Bitcoin Embassy New Hampshire

Keene, New Hampshire is well known city for libertarian philosophies and more recently as a hotbed for cryptocurrencies. On Monday, Nov. 12, crypto advocates from the region have announced the launch of a new educational center called the Bitcoin Emb...

SEC Takes Down Two Crypto Startups for Illegal ICOs

Dutiful CCN readers may recall this journalist’s questioning of the Paragon ICO over a year ago. Paragon responded to that article with legal threats, as noted in the author’s subsequent analysis of the initial coin offering in question....

Islamic Countries Challenge USD ‘Sanctioning Tool’ With Planned Common Cryptocurrency

Muslim countries around the world are planning to push back against the U.S. dollar’s long global dominance by creating a common digital currency for use in Islamic states. The dollar has evolved into a “sanctioning tool,” charged Erol Yarar, chairma...