Category : Crytocurrency

Web Giants Censor Bitchute and Bloom

Another week, another slew of projects banned by major web platforms. Paypal has ejected Bitchute, a Youtube competitor that champions free speech, while Facebook has banned ad campaigns by Bloom that promoted a rival service. The deplatforming of th...

Central Bank of Azerbaijan Rules Out Issuing Cryptocurrency

The Central Bank of Azerbaijan (CBA) has indicated that it does not intend to issue a state-backed cryptocurrency, also known as a central bank digital currency (CBDC). Speaking to reporters in Baku on November 15, CBA first Chairman Alim Guliyev sta...

Crypto Exchange Huobi Dismisses 6 of Its 10 Employees in Brazil: Report

Major cryptocurrency exchange Huobi has recently dismissed 60% of its workforce in Brazil, a country it entered a few months ago. While the motive behind the move is currently unclear, competition in the country could be the culprit. According to loc...

Hash Wars: ABC Chain Leaps More Than 50 Blocks Ahead

All eyes were on the Bitcoin Cash network today as the blockchain split into two after the last common block was found on the chain at height 556766. So far both chains have been chugging along, but at the time of writing, the ABC side is well over 5...

Stablecoins Demand More Trust than Fiat Currency

This article about the problem with stablecoins was written by Kevin Murcko, the CEO at cryptocurrency exchange, CoinMetro, and forex broker, FXPIG. Stablecoins — digital coins which peg their value rigidly to the dollar, the euro, or a collage of n...

Has Crypto Exchange KuCoin Proven its Legitimacy by Raising $20 Million?

Singapore-based KuCoin, a major crypto exchange with an active and loyal user base, has secured $20 million in a funding round led by $20 billion venture capital firm IDG. Michael Gan, the CEO of KuCoin, wrote, “Today, we are thrilled to announ...

OSL chief explains forking in cryptocurrencies

Bitcoin fell to its lowest in 2018 this week. Wayne Trench of OSL explains the "fairly unique market event" called forking that drove the price down.

Explained: Bitcoin Cash Hash Wars, Where the Factions Stand on the Issues

Recently, there has been a storm brewing in Bitcoin Cash (BCH). Two upgrades to the underlying software of Bitcoin Cash threaten to split the coin in two, and both factions are determined to fight all-or-nothing to determine the fate of Bitcoin Cash’...

As Crypto Prices Tumble, Mike Novogratz Pounds the Table on Real Estate Tokenization

Bitcoin bull Mike Novogratz extolled the tokenization of real estate during this “crappy” crypto bear market, saying asset tokenization is an emerging trend. Novogratz, the founder of crypto investment bank Galaxy Digital Capital Manageme...

Japanese Regulator Unveils Plan to Regulate Cryptocurrency Wallet Services

Japan’s top financial regulator, the Financial Services Agency, has unveiled a plan to regulate cryptocurrency wallet services. The regulator has put forward a number of regulatory measures as well as proposing how to implement them. Also read:...

Japanese Regulator Unveils Plan to Regulate Wallet Services

Brian Kelly: Bitcoin Price Decline Will be a Short-Term Event

For the first time in three months, Bitcoin initiated its first major move. Unfortunately, for investors in the crypto market, BTC plunged by more than 11 percent, engaging in one of the most intense sell-offs in a 24-hour period in all of 2018. Bitc...