• Even though Thailand has not banned the use of cryptocurrencies in the country, its central bank has announced that financial institutions will no longer offer crypto-related services. Banks Barred From Bitcoin As per a request from the Bank of Thailand, the country’s financial institutions will no longer be allowed to invest in or sell digital currencies, develop trading platforms, or grant loans to clients hoping to purchase crypto. In addition, these institutions cannot offer any

    Thailand Finance Minister: ‘Regulators Cannot Stop Use of Virtual Currencies’

    | 2018/02/13 2:00 pm
  • Bitcoin mining is booming in Iceland. Problem is, they don’t have enough energy to go around, and not everyone in the government is on board. Black Out Mining bitcoin – the process of confirming transactions across the blockchain – is an incredibly energy-consuming process. To meet the computational demands needed to actually turn a profit from cryptocurrency payouts, miners require top-tier hardware and cheap energy. Iceland provides the latter, but there isn’t enough for everyone.

    Bitcoin Mining is Booming in Iceland, But at What Cost?

    | 2018/02/13 12:00 pm
  • PARKGENE, the world’s first shared mobility platform, blows past its sales targets during the first two weeks of its ICO. With 60 million tokens sold during the first two weeks of its ICO, PARKGENE is on track to becoming a household name in shared parking services. As anyone who drives in large cities knows well, finding parking is oftentimes not just a nightmare but, in most cases, prohibitively expensive as well. PARKGENE, the first parking

    PARKGENE Is One Step Closer to Becoming the Airbnb of Parking

    | 2018/02/13 10:00 am
  • It’s no secret that crypto incubators and hedge funds get access to the best deals because of their inside connections… But, now, for a short time, there is a way for regular investors to ride on the coattails of one of the most connected teams in crypto – right in your brokerage account. In short: The team behind Global Blockchain Technologies (CSE: BLOC; OTC: BLKCF) is the best way to play the crypto boom. The company

    How To Profit From The Recent Bitcoin Bloodbath

    | 2018/02/13 9:00 am
  • Customers in Dublin can now pay for their morning coffees or afternoon snacks in cryptocurrency at the newly-opened Crypto Cafe on Aungier Street. Coffee, Cakes, and Crypto Started by Nash Basel, the Crypto Cafe aims not only to be a place where customers can conveniently pay with cryptocurrency, but also a central hub for crypto enthusiasts looking to socialize and talk shop over coffee and cakes. The cafe features a screen displaying live cryptocurrency prices

    Sweet Ambrosia! Dublin Cafe Sells Coffee for Cryptocurrency

    | 2018/02/13 7:00 am
  • South Korea is now considering a licensing scheme for cryptocurrency exchanges in a major U-turn on its previous suggestion to ban them. Govt. To Debate ‘Exchange Approval System’ As local news media outlet Business Korea reports Monday, lawmakers from a dedicated “cryptocurrency task force” are examining the option of following in the footsteps of New York and Japan in vetting exchange operators before allowing them market entry. The New York scheme is several years old

    South Korea ‘Positively Considering’ Cryptocurrency Exchange Licenses

    | 2018/02/13 5:00 am
  • All crypto traders will agree that one major drawback to the entire ecosystem at the moment is centralized exchanges. Companies such as Coinbase rake in billions of dollars through inflated fees and commissions on what should theoretically be a decentralized peer-to-peer network. Crypto exchange Bitfinex is planning to alleviate this problem with a decentralized exchange of its own. According to Coinmarketcap, Bitfinex is the world’s fifth largest exchange with just under a billion dollars traded

    Bitfinex to Build EOSfinex, the First Decentralized Exchange on the EOS.IO Platform

    | 2018/02/13 3:00 am
  • Microsoft has concluded that so-called ‘layer 2’ solutions are necessary for Bitcoin to scale and is “collaborating” on the technology. Microsoft: On-Chain Fails To Meet Capacity Needs In a blog post on Monday, Director of Program Management at Microsoft’s Identity Division Alex Simons said that layer 2 scaling solutions, which principally involve the Lightning Network, are superior to on-chain scaling. Simons writes: While some blockchain communities have increased on-chain transaction capacity (e.g. blocksize increases), this approach

    Goodbye Bitcoin Cash? Microsoft: On-Chain Scaling ‘Degrades Decentralization’

    | 2018/02/13 1:15 am
  • Bitcoin and cryptocurrencies have long had a reputation for being the payment tools of criminals. Now, Europol claims billions of dollars are being illegally laundered with cryptocurrency in Europe. Large Estimations According to the European Union Agency for Law Enforcement Cooperation (Europol), three to four billion pounds ($4.1 to $5.5 billion) of criminal money is being laundered using cryptocurrency in Europe alone. Europol’s director, Rob Wainwright, told BBC’s Panorama: It’s growing quite quickly and we’re quite

    Europol Claims $5.5 Billion Laundered Using Cryptocurrency

    | 2018/02/12 11:00 pm
  • Well-known cryptocurrency traders have reacted with excitement to news decentralized cryptocurrency exchange Hodl Hodl has launched its public BETA. Hodl Hodl Sets Price Of Avoiding KYC At 0.6% The p2p platform, which offers traders decentralized exchange functionality for Bitcoin and Litecoin, announced its limited debut February 11. “For now, we are opened in BETA-mode until July of 2018, which means a lot of new features are coming soon, with the main functionality of the exchange

    Hodl Hodl Launches P2P Bitcoin Exchange Without KYC (But Not For US Citizens)

    | 2018/02/12 8:30 pm
  • Bitcoin futures traders in Hong Kong are turning away from the autonomous territory’s unregulated cryptocurrency exchanges, flocking instead to regulated US markets. Safety First December saw the launch of Bitcoin futures on both the CBOE and CME. Since then, trading volume has steadily increased as traders in Hong Kong turn their backs on their less secure domestic exchanges in favor of regulated US markets. TD Ameritrade CEO Gary Leung claims his is one such firm

    Hong Kong Traders Prefer Regulated US Markets for Bitcoin Futures

    | 2018/02/12 6:30 pm
  • The hack of Italian exchange BitGrail involving Nano (XRB) has caused a rift between cryptocurrency’s biggest names after its owner asked Nano to alter its ledger. BitGrail Owner Wanted Ledger Change To ‘Cover Losses’ While the hack affected a tiny number of cryptocurrency holders, BitGrail’s choice of remedy has led to ricochets involving Ethereum co-founder Vitalik Buterin, Bitcoin Core developer Greg Maxwell and others. BitGrail, a low-level operation, reportedly lost “17 million” XRB tokens last

    ‘No One Should Have That Power’ – Maxwell Slams Vitalik Buterin ‘Rescue Forks’

    | 2018/02/12 3:00 pm
  • 2017 was a memorable year for the crypto world. Bitcoin and other cryptocurrencies saw a significant growth and wider adoption, while numerous projects raised millions of dollars in capital via Initial Coin Offerings (ICO). Some call it the future of money, others say it’s a bubble. Whichever it turns out to be in the end, the recent upsurge in Bitcoin’s price and the whole crypto market suggests that it isn’t going anywhere soon. There is

    Cryptocurrencies Aim to Revolutionize the Gambling Industry

    | 2018/02/12 2:30 pm
  • Nvidia is raking in profits thanks to cryptocurrency mining and an increased demand for their GPUs — and for CEO Jensen Huang, the utility of cryptocurrency is obvious. “It’s Not Going to Go Away” As Bitcoin and other cryptocurrencies continue to explode into the mainstream consciousness, so too does the demand for high-powered GPUs capable of generating the best results when mining — the process of confirming transactions. The demand for GPUs has helped cause

    Nvidia CEO: Crypto’s ‘Real Utility’ is Clear

    | 2018/02/12 1:00 pm
  • The cryptocurrency market has largely operated free from regulation since Bitcoin first came about in 2009. With crypto on everyone’s minds these days, however, the IMF says Bitcoin regulation is an unavoidable eventuality. “It’s Inevitable” According to International Monetary Fund (IMF) chief Christine Lagarde, it’s not a matter of “if” cryptocurrencies will be regulated by world governments, but rather “when.” Explained Lagarde to CNNMoney: It’s inevitable. It’s clearly a domain where we need international regulation

    IMF: Cryptocurrency Regulation is ‘Inevitable’

    | 2018/02/12 11:00 am
  • While the US government figures out exactly how to handle Bitcoin and the volatile cryptocurrency market, Brian Quintenz, a commissioner with the Commodity Futures Trading Commission, suggests crypto companies should start regulating themselves. Regulate Yourself With the likes of Bitcoin, Ethereum, and others, there are plenty of solid options for savvy investors who do their own research in the cryptocurrency market. On the flip side, however, exists a wealth of fraudulent scams, Ponzi schemes, and

    Top US Official Tells Cryptocurrency to Regulate Itself

    | 2018/02/12 9:00 am
  • The head of the Chechen Republic, Ramzan Kadyrov, has admitted to buying a fraction of a Bitcoin, stating he is looking forward to following its price. Chechen Leader Buys ‘A Fraction’ of a Bitcoin The head of the Chechen Republic, Ramzan Kadyrov, revealed to the Russian press that he purchased a “fraction” of a bitcoin. He also acknowledged that he is interested in keeping tabs on the cryptocurrency’s progress. “I already said that blockchain technology

    Chechen Republic Leader Admits Buying Bitcoin

    | 2018/02/12 7:00 am
  • As cryptocurrency becomes more accepted, more and more political campaigns are happy to accept Bitcoin donations to fuel their run for office. They say that politics make strange bedfellows. However, one thing in politics is easily understood by every politician and political party: money. While it’s nice to dream that good intentions and the desire to do public service are the driving forces behind politics, the reality is that it’s money, and lots of it.

    Political Bitcoin Donations are Gaining Traction

    | 2018/02/12 5:00 am
  • The first law of Thermodynamics states “Energy is neither created nor destroyed. It simply transforms itself from one form to another.” No where is this law better applied than in the case of 4NEW, the world’s first waste to energy power plant entirely integrated on the blockchain. When interviewing for this story with the founder, Mr. Varun Datta, the elegant architecture of the 4NEW vision became crystal clear. Most companies tend to take a two

    4New: Blockchain Powered by Free Energy

    | 2018/02/12 3:00 am
  • Reports of mining malware infestations are an almost weekly occurrence now. With cryptocurrency mining becoming more lucrative than ransomware, hackers are upping their game and widening the digital net. Those caught in it this week included a number of government websites in the UK and Australia. In what has been newly termed as ‘cryptojacking,’ the Guardian reported that thousands of websites had been infected over the weekend. Those that visited the compromised websites would have

    Government Websites Attacked by Mining Malware

    | 2018/02/12 1:00 am
  • Bitcoin, Ethereum, Litecoin and all the other cryptocurrencies are great for online payments simply because of their sophisticated use of the Blockchain to facilitate easy transactions. Their transparency is currently unmatched by any fiat equivalent. But can we really bank on them for day to day transfers considering their high volatility? The fact that these currencies are not pegged to any economy worries many. Here’s where Tether comes in – a project that makes fiat

    Tether: A Cryptocurrency Without Volatility?

    | 2018/02/11 10:00 pm
  • The reigning kingpin of cybercrime marketplace Infraud was reportedly arrested in Thailand, after which law enforcement officers seized over 100,000 Bitcoins — currently worth roughly $822 million. Infraud on the Run Sergey Medvedev, 31, was reportedly arrested by heavily armed police officers in Thailand on Feb. 2.  Medvedev is the co-founder of Infraud, an online marketplace for criminal buyers and sellers interested in stolen identities, stolen credit card information, credit card skimming devices, ATM compromisers,

    Infraud Kingpin Arrested, More Than 100,000 Bitcoins Seized by Thai Police

    | 2018/02/11 7:00 pm
  • The most popular courses on campuses in the U.S. and across the globe are on Bitcoin and its blockchain technology. In parallel, educational institutions are creating innovative ways to attract the brightest students. For example, Varna University of Management offers Bitcoin scholarships. Bitcoin’s Technology Captivates Academia Student demand for courses on Bitcoin and its underlying technology, the blockchain, is putting elite U.S. universities under pressure. Students from all disciplines are rushing to sign up for

    University Students Rush to Take Cryptocurrency and Blockchain Courses

    | 2018/02/11 4:30 pm