• Looking forward to 2018, several new pieces of legislation will be voted on or come into effect that will – for better or worse – reshape how ICOs, cryptocurrencies, and their investors function. Whether these laws target cryptocurrencies and initial coin offerings directly doesn’t change the fact that they will have a significant impact on the industry globally. [Note: This is a guest article by Zarah Tinholt and Matthew Unger] The past year was a

    A Look Ahead at Crypto-Compliance & Regulation in 2018

    | 2018/02/21 4:30 am
  • Another celebrity has entered the cryptocurrency world. This time, it’s Steven Seagal as the action movie star endorses Bitcoiin2Gen. There are times when you think things couldn’t get more interesting in the crypto world, but then it does. Such a time is now as the up-and-down world of Bitcoin and its cryptocurrency brethren have been graced by the deadly mitts of Steven Seagal. The 1990s action movie star is officially endorsing the Bitcoiin2Gen cryptocurrency. From

    Steven Seagal Punches His Way into the Crypto World

    | 2018/02/21 2:15 am
  • Over the past few years, we have witnessed an increasing adoption of data science to improve the accuracy of our predictions. The result has been astounding and has completely revolutionized organizations across a huge range of industries. In particular, it has had a great impact on the investment industry. We’ve now reached the point where has become so fierce that simply doing some research and ‘trusting your gut’ simply won’t cut it anymore. If you

    How Machine Learning Could Reinvent the Way We Invest in Cryptocurrencies

    | 2018/02/20 11:30 pm
  • Bitcoin looks to become the biggest beneficiary of increasing money digitization as countries, such as Sweden, spearhead the so-called ‘war on cash.’ But First, What is ‘Cash’? By definition, cash is legal tender or coins that can be used to exchange goods, debt, or services, according to Investopedia. The main property of cash is that besides being physically exchanged at the point of sale for goods or services, it also offers some degree of privacy

    Bitcoin Will Be the Real Winner in the War on Cash

    | 2018/02/20 3:30 pm
  • South Korea will “encourage” banks to interact with cryptocurrency exchanges, regulators have said in a surprising development in the country’s narrative. Choe: We Want ‘Normal’ Transactions As local news media outlet Yonhap News Agency reports Tuesday, Choe Heung-sik, governor of the Financial Supervisory Service, has announced government organs will “support” all legitimate transactions in the cryptocurrency trading space. The comments were delivered during a meeting which included representatives from South Korea’s exchange industry. The emphasis

    South Korea to ‘Support’ And ‘Encourage’ Crypto Transactions – Regulator Chief

    | 2018/02/20 9:30 am
  • On the back of Bitcoin’s recent correction and subsequent push back towards the $12K mark, long-time Bitcoin nonbeliever Mark Carney claims that the dominant cryptocurrency has failed on almost every front. Bank of England, Unsurprisingly, Doesn’t Like Bitcoin According to Bank of England Governor Mark Carney, Bitcoin has failed as both a viable currency and as a store of value — citing volatility and the lack of vendor adoption. On February 19th, Carney shared his

    Bank of England Governor: Bitcoin Has ‘Failed’ as a Currency

    | 2018/02/20 7:30 am
  • Law enforcement in Bangladesh is actively hunting down users of Bitcoin as the use and trading of the cryptocurrency is still illegal in that particular country. Cryptocurrency advocates have it pretty easy in Europe and North America. We worry about exchange rates, whether to sell off or hodl, and the ongoing up-and-down of crypto prices. At least we don’t have to worry about the police knocking on our door just for engaging in cryptocurrency. Such

    Bitcoin Users Hunted by Police in Bangladesh

    | 2018/02/20 5:30 am
  • The Polish central bank (NFB) has been accused of paying prominent Polish YouTubers to run a “low down and dirty” smear campaign against the cryptocurrency market, without properly disclosing sponsorship. Subversive Tactics Poland’s central bank has been accused of orchestrating a subversive, online smear campaign against cryptocurrencies. As reported by Business Insider Poland, the Narodowy Bank Polski (NFB) spent around 91,000 zloty (£19,430; $27,300) on Google, Facebook, and other websites, in a subversive smear campaign

    Polish Central Bank Paid YouTubers for ‘Low Down and Dirty’ Anti-Bitcoin Campaign

    | 2018/02/20 3:30 am
  • A South Korean cryptocurrency regulator in charge of “devising measures against cryptocurrency speculation” was found dead in his home from an apparent heart attack on Monday, semiofficial government news agency Yonhap News reports. A government spokesperson told The Wall Street Journal they weren’t “sure about the cause of death.”  South Korean police are investigating the death of Jung Ki-joon, 52, who led economic policy at the Office for Government Policy Coordination. His job involved developing rules for regulating

    South Korea Investigating Cryptocurrency Regulator’s Death

    | 2018/02/20 1:00 am
  • Bitcoin Cash’s narrow focus on transactions ‘gets it wrong’ because money is only a ‘byproduct’ of a much bigger vision, according to Max Keiser.  Money Only a ‘Byproduct’ Financial pundit and host of The Keiser Report, Max Keiser, has put in his two cents on the Bitcoin scaling debate, stating that focusing on transactions ignores the main reason why the world’s first cryptocurrency was created. Keiser wrote on Twitter: Viewing [Bitcoin] narrowly through lens of

    Satoshi’s Vision? Bitcoin Cash Gets It Wrong, Says Max Keiser

    | 2018/02/19 2:00 pm
  • Is Lighting Network the second coming for Bitcoin or the coming of centralization? Andreas Antonopoulos states his case for the former in his latest video. A lot of misconceptions have arisen about the Lightning Network and the effect it will have upon Bitcoin. Look around the internet, and you’ll find videos such as this offering information on the Lightning Network that may not be accurate. To that end, Andreas Antonopoulos has created a video to detail

    Andreas Antonopoulos: 6 Things Critics Keep Getting Wrong About Lightning Network

    | 2018/02/19 11:45 am
  • Soon, wealthy tourists looking to live large in the Caribbean will be able to reserve rooms at controversial billionaire Calvin Ayre’s resort in Antigua — if you’ve got the Bitcoin Cash. A ‘Novel and Exciting Concept’ The billionaire founder of the Ayre Group and the Bodog entertainment brand, Calvin Ayre, is reportedly building a $100 million five-star resort on Antigua’s Valley Church beach — funded entirely by profits made from investments in digital currencies. The

    Billionaire Calvin Ayre is Building a $100m Bitcoin Cash Resort in Antigua

    | 2018/02/19 9:45 am
  • Bitcoin price has remained above $10,000 despite its rapid retrace over the weekend when market momentum suddenly fizzled out. Vays Hints At ‘Bullish’ Daily, Weekly Outlook After passing $11,000 in Sunday trading, BTC/USD peaked at $11,283 on Bitstamp before dropping $1500 in hours to hit a low of $9727. A correction took prices back over $10,000 where they remained into Monday, analysts predicting a ‘flip’ into bullish territory as Bitcoin’s most likely next move. “The

    Bitcoin Price: Will Bullish ‘Flip’ Finally Clear $11K Hurdle?

    | 2018/02/19 5:45 am
  • White House cybersecurity coordinator and special assistant to the president, Rob Joyce, stated the US still has a long road ahead of it before it starts regulating the world’s first cryptocurrency. Haste makes waste Bitcoin investors in the US worried about government regulation need not start sweating, yet. At the Munich Security Conference in Germany, Joyce — a nearly three-decade veteran of the National Security Agency who helps coordinate policy strategy in regards to cybersecurity

    White House Official: Bitcoin Regulation Won’t Happen Anytime Soon

    | 2018/02/19 3:45 am
  • Until quite recently, most cryptocurrency investors either did not know or did not care to pay taxes on the capital gains they accumulated buying and selling digital coins. The cryptocurrency community is now facing a hard truth: they have to pay taxes just like all the rest of us. [Editor’s note: This is a guest article by Mario Costanz, CEO of Crypto Tax Prep] Virtual currencies exploded onto the investment scene last year, due in

    The New Normal: Cryptocurrency Goes Mainstream This Tax Season

    | 2018/02/18 7:30 am
  • Crypto isn’t currency — at least, according to American multinational banking and financial services holding company JPMorgan Chase & Co. Missing the Point JPMorgan, a New York-based institution with a history that is far from pro-crypto, claimed in a wide-ranging note to clients that cryptocurrencies only make sense as a hedge in one’s investment portfolio — and are neither viable stores of value nor effective currencies. Wrote the company: The huge volatility of the price

    JPMorgan Misses the Point, Says Crypto Isn’t Currency

    | 2018/02/18 3:45 am
  • A Chicago trader is facing up to 20 years in prison for stealing over $2 million in Bitcoin and Litecoin cryptocurrency from his employer. Most 24-year-olds would be quite happy to be attached to a new cryptocurrency unit for a major financial entity. That’s not a bad career path for someone who previously worked as a cryptocurrency trader in South Korea before joining Consolidated Trading LLC to become an assistant bond trader in July 2016.

    Chicago Trader Steals Over $2 Million in Bitcoin and Litecoin Cryptocurrency

    | 2018/02/17 10:30 am
  • After duplicating charges and draining users’ accounts, Visa has accepted responsibility for the gross error — after initially claiming Coinbase was to blame. Over the past week, Coinbase users have been experiencing a rather unpleasant situation. Numerous users reported erroneous duplicate charges on their credit and debit cards, effectively draining users’ bank accounts and leaving many individuals in potentially dangerous situations. After initially confirming the reports, Coinbase passed the blame for the situation on to Visa,

    Visa Owns Up to Erroneous Error, Says Coinbase Isn’t to Blame for Draining Accounts

    | 2018/02/17 4:30 am
  • All over the world, legislators, financial experts, and academics are bewildered by the spectacular growth of Bitcoin and the cryptocurrency market. They now realize that financial regulatory agencies lack sufficient experience and authority with cryptocurrencies; therefore, these agencies are unable to perform their oversight duties. As a result, some are even mulling over the creation of a new regulatory agency. However, more regulation will undoubtedly hinder the growth of the crypto space. SEC and CFTC’s Obsolete

    Financial Regulators Are Unable to Control the Crypto Market

    | 2018/02/16 6:00 pm
  • Since getting crypto rich has become a bit of a thing in recent times, some select properties have gone up for sale while accepting Bitcoin — the dominant cryptocurrency — as a form of payment. Now, two properties have hit the market in San Diego, with price tags that redefine what it means to be ballin’ on Bitcoin. Bitcoin mansions in San Diego, USA Canter Companies, San Diego’s leading financial and advisory investment firm, has

    Multi-Million Dollar Properties Are Selling for Bitcoin in San Diego

    | 2018/02/16 4:00 pm
  • As was previously reported, Coinbase – one of the most popular digital currency exchanges – experienced one of the more egregious errors in recent cryptocurrency history by duplicating users’ past debit/credit card and bank purchases, effectively siphoning money from accounts without authorization. The costly error reportedly left many users’ bank accounts completely drained. Some users on Reddit reported unauthorized transactions upwards of $50,000, while many others reported duplicated purchases on smaller transactions. Even those less

    Passing the Buck – Visa Blames Coinbase for ‘Erroneous’ Error that Overcharged Customers, Drained Accounts

    | 2018/02/16 11:30 am
  • After possibly thousands of investors got burned by arbitrage-trading company Optioment last year, Austrian authorities have asked Interpol to help track down the fraudsters responsible for the Bitcoin scam. Another Bitcoin Scam Burns Buyers European authorities are on the hunt for criminals involved in defrauding thousands of individuals and losing over $100 million worth of investors’ Bitcoin. According to reports, Optioment ran a now-defunct website while holding large-scale events in Austria — in which the

    Optioment Bitcoin Scam Triggers Europe-Wide Manhunt

    | 2018/02/16 10:30 am
  • Ellen DeGeneres has likened Bitcoin to a “digital goat” in an attempt to explain the digital currency in layman’s terms live on air. Ellen Viewers Learn Bitcoin, Wallets And Volatility In a segment of her popular television show this week, which averages almost 3 million viewers per episode, DeGeneres spent several minutes speaking about the non-physical nature of Bitcoin and wallets, as well as touching on volatility. “You’re probably thinking, ‘Ellen, if I can’t physically

    Ellen DeGeneres Just Introduced Bitcoin to Her 3 Million US Viewers

    | 2018/02/16 8:30 am