Many of the major cryptocurrency exchanges have announced that a massive influx of new traders in late 2017 caused them to be overwhelmed, leading to degraded services or forcing them to close their doors to new clients. Much of the problem was the need to ensure compliance with complex KYC/AML regulations, which the companies struggled to do at scale. This has led them to outsource the process for specialized automated compliance firms to handle. Also Read: Bitpay Bans Payments to Merchants of Explicit Content, Cloud-Mining and Gambling Know Your Customer…
Read MoreMonth: February 2018
Strippers Now Sporting Bitcoin Tattoos for Tipping
Bitcoin has found a new frontier of acceptance as strippers at the Legends Room in Las Vegas now sport temporary cryptocurrency tattoos for tipping purposes. Long ago, Bitcoin made history when it was used to buy a pizza. Now, the cryptocurrency can be used to purchase many different items and services. One of the more intriguing services has just arisen in the Legends Room in Las Vegas, where customers can scan temporary tattoos on strippers in order to tip them in cryptocurrency. Strippers, Shots, and Cryptocurrency The Legends Room is…
Read MoreSixth Grader Writes a 57-Page Book About Bitcoin
An 11-year old named Andrew Courey from Massachusetts just published a book on bitcoin so the younger generation can grasp this emerging technology that’s been sweeping the globe. The sixth-grader considers himself an expert on bitcoin, and his 57-page book describes cryptocurrencies in a way his peers can understand. Also read: People Who Don’t Understand Cryptocurrency Should Probably Stop Writing About It A 57-Page Book About Mastering Bitcoin Written By a Sixth Grader Andrew Courey is a middle school student from Massachusetts, and he hopes to earn $20Mn by the age…
Read MoreICOs Raised Over $1 Billion in 2018, And It’s Only February
With over 40 ICOs and over $1 billion raised already in the new year, the nascent industry is on pace to top last year’s mark of $5.6 billion. 2018: An Even Bigger Year for ICOs? Last year, there were 902 so-called Initial Coin Offerings (or ICO) projects tracked by TokenData. Out of that amount, 142 failed prior to the offering, and another 276 failed after raising funds. But despite a lackluster success rate of about 48%, startups still managed to raise $5.6 billion USD in 2017, according to Business Insider.…
Read MoreThis Week in Bitcoin: Everything Has a Price
In crypto, as in life, everything comes with a price. You want free tokens airdropped to your wallet? Prepare to answer a bunch of questions and follow a bunch of social channels for the pleasure. You want cheap bitcoin transactions? Then the price you must pay is forgoing the network for all but essential transactions. We’ll be covering that contradiction in terms – plus a whole lot more – This Week in Bitcoin. Also read: Hacker Returns 20,000 ETH to Coindash The Cryptoverse Never Sleeps From bullish to bearish and cheerful…
Read MoreBitcoin Core 0.16.0 Rolls Out With Full SegWit Support
Bitcoin enthusiasts celebrate the release of Bitcoin Core 0.16.0, on February 26, 2018. This new version includes novel features, several bugfixes, various performance improvements, and updated translations. Most notably, Bitcoin Core 0.16.0 introduces full support for SegWit. Now, Bitcoin’s value, once again, is puncturing the $10,000 USD resistance level. Bitcoin Core 0.16.0 to Improve Bitcoin’s Scalability The advent of Bitcoin Core 0.16.0 is renewing enthusiasm in the crypto space because it brings new powerful features to help enhance Bitcoin scalability. Specifically, Bitcoin Core 0.16.0 provides full support for SegWit in…
Read MoreMarkets Update: Volume Is Weaker as BTC Prices Push Past $10,000
Over the past two days, BTC/USD markets dipped below the $10K price region to a low of $9,260 on February 25. The following day the price per BTC has since bounced back on Monday morning, jumping over $700 in value and touching a high of $10,400. Also Read: China Censors Cryptocurrency Ads on Search Engines and Social Media BTC Rides Back Above $10K BTC/USD markets were sluggish over the past weekend as the currency remained just above the $9K price zone for over two days. Prior to the dip, the price…
Read MorePR: Trading Platform FundFantasy ICO Launches in a Few Hours! 50% Bonus for First 48 Hours
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. Valetta- With FundFantasy’s presale having been sold out, and their public token sale coming up today, the FundFantasy project has made tremendous advancements, and have made some interesting changes to their bonus structure. The new model is simpler and is designed to avoid congestion on…
Read MoreGoldman Sachs-backed Circle Buys Poloniex Cryptocurrency Exchange for $400M
Circle, the notionally cryptocurrency-focused payment services startup, has reportedly bought exchange Poloniex for $400 million. Job Done Between Circle And Polo According to Fortune editor Robert Hackett who leaked the news in advance, an official statement will follow Monday. The takeover means a cryptocurrency exchange is now under direct ownership of a Goldman Sachs funded company. Hackett wrote on Twitter earlier this morning: Rumors have swirled in recent weeks that Circle has been in talks to buy the cryptocurrency exchange (Poloniex). […] I can confirm here for the first time that,…
Read MoreHacker Chic; Get a Bitcoin, Periodic Table or Fibonacci Sequence Fashion Dress
Crypto is going to change the world, and so are women. And women who dabble in bitcoin never want to look basic. As an answer, Shenova Fashion combined the two in a made-to-order Bitcoin Genesis Block Dress. It’s one more piece of proof bitcoin and cryptocurrency are making it into the mainstream. Also read: How To Regain Control From Nanny Zuck Bitcoin Genesis Block Dress “My husband just gave me the Bitcoin dress for my birthday,” raved Allison F. who left a review on the Shenova Fashion website, “and I wanted…
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