Month: February 2018

A 16-year-old girl from India developed a Bitcoin app called Crypto Price Tracker, and users on Reddit viciously attacked her with abuse and death threats. When the internet first arose, it was hailed as a technological marvel that would change the world. People would be able to virtually visit museums from all over the world and have access to knowledge that could only be found in the finest universities. However, the reality is that the internet is often a cesspool where the mob rules. Case in point is what happened…

Bitgrail, an exchange whose primary purpose was to facilitate the trading of nano, has folded after ‘losing’ 17 million XRB, valued at around $170 million. The Italian exchange had been offline for weeks, and its customers feared the worst. Today, its operator “Francesco The Bomber” confirmed the bad news, which gained short shrift from the Nano community. Many believe Bitgrail’s owner to have exit scammed, taking with him almost 13% of the total circulating supply. Also read: Russia’s Largest Bank Caught Employees Mining For Crypto A Big Heist for Tiny Nano…

India’s Income Tax Department recently announced that it has issued notices to 100,000 cryptocurrency investors. The announcement came in light of government surveys into the operations of multiple leading Indian exchanges that have revealed widespread tax evasion on the part of India’s cryptocurrency traders. Also Read: India’s Finance Minister Confirms Crypto Not Recognized as Legal Tender, Media Panics Indian Cryptocurrency Investors Accused of Tax Evasion India’s Central Board of Direct Taxes (CBDT) chairman, Mr. Sushil Chanda, recently told reports that the country’s Income Tax Department has issued approximately 100,000 notices to…

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. LONDON – With energy consumption of each bitcoin transaction equal to 17.5 U.S household’s daily consumption as of January 31, 2018, sustainability and feasibility of cryptocurrencies has been fiercely debated by both proponents and skeptics alike. 4NEW’s elegant and efficient end to end solution, figuratively,…

Neurogress, the promising startup for neurocontrol technology, has had to put their pre-TGE plans on hold for a few hours. A lot of interest has been generated in the ongoing ICO for Neurogress. This innovative startup features neurocontrol technology, wherein a person can control devices, such as drones or prosthetic limbs, by using their brain while wearing a neurocontrol headset. However, plans for their pre-TGE sale have had to be put on hold temporarily. A Small Delay People wishing to take part in the pre-TCG sale were disappointed when they…

Nearly $5 million worth of Bitcoin used in a large-scale fake ID operation has been seized by federal authorities in Ohio. Bitcoins for Fake IDs According to the Associated Press, federal authorities in Ohio seized $4.7 million in bitcoins and hardware following an investigation into a large-scale, online fake ID operation. Toledo resident Mark Simon was arrested on February 8th for making and transferring falsified identification documents, after the investigation into numerous fake IDs popping up around town launched in 2015. Though the cryptocurrency was used to purchase the falsified…

Rarely a week passes when Tether, the company responsible for issuing the USD-pegged cryptocurrency of the same, isn’t in the news. In the last 24 hours, two separate reports into the status of Tether and its USDT tokens have been published, one examining its legal status and the other exploring its blockchain. Meanwhile, Upbit exchange has reassured its customers that in the event of USDT being withdrawn, it will guarantee all deposits in USD. Also read: Hong Kong Cracks Down on Securities Tokens – 7 Crypto Exchanges Targeted Tether Faces a…

London based FinTech company BlockEx are bringing several innovations to the world of the digital exchange. They aim to disrupt the way the world trades by combining the best features of both traditional and digital trading. In addition, they provide tools for managing the entire lifecycle of blockchain based digital assets. Trading Platform The core of the service is their Digital Asset Exchange Platform (DAxP). This is a fully featured online exchange, offering real-time trading with HFT (high-frequency trade) capabilities. The system is designed to allow trading of any DLT…