Month: April 2018

The president of Venezuela, Nicolas Maduro, has announced the end of the pre-sale for the Petro, the country’s “cryptocurrency”. He claims it has raised the equivalent of over 3 billion dollars. Maduro has also certified 16 crypto exchanges he hopes will start listing his country’s new currency. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space 16 Crypto Exchanges Certified According to Venezuelan newspaper with government backing Correo del Orinoco, Maduro has “authorized the certification of 16 exchange houses for cryptocurrencies,” which will facilitate Petro transactions in the international market.…

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Japan’s SBI Holdings has reportedly unveiled new plans for its cryptocurrency exchange. The company has set a target launch date and is preparing to list major cryptocurrencies. The group’s CEO expects the new exchange to “be number one in the blink of an eye.” Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Revised Launch Date SBI Holdings has updated its plans to fully launch a cryptocurrency exchange. The company had planned for SBI Virtual Currencies to launch “in the autumn of 2017 and at the latest the beginning of…

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Altcoins have had a very turbulent prior few months. However, the last few weeks’ altcoins have begun their rebound as BTC has recovered from $6,000 to almost $10,000. This is a very positive sign heading into summer with big events from ZCL, XMR, SYS, and HIRE this week. A Big Week Heading into Summer This week has seen life finally injected into the crypto space. On the heels of major conferences and a Bitcoin correction, this may be an opportune time to analyze the altcoin markets. Altcoins fluctuate much more…

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Another Indian cryptocurrency exchange has launched crypto-to-crypto trading. Koinex is offering 23 crypto-to-crypto trading pairs with zero fees. Earlier this week, leading Indian exchange Zebpay also launched crypto-to-crypto trading but with only one trading pair. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Koinex’s Crypto-to-Crypto Trading Indian exchange Koinex announced last week, “We are delighted to announce the commencement of crypto-to-crypto trading on our platform,” elaborating: We are going live with not just one or two crypto-crypto pairs; we are launching a total of 15 token pairs, all at…

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From pump and dump groups to insiders trading on esoteric knowledge, market manipulation is rampant within the cryptocurrency space. While some of it is illegal, most of the activity is either legal or quasi-legal, falling into the sea of grey that separates lawful land from unlawful territory. Everyone knows that market manipulation is endemic. The question is, does anyone care? Also read: Warren Buffett: Bitcoin is Gambling, a Game, Not an Investment In the Beginning, There Was Fontas Traders have been manipulating the cryptocurrency markets since day one. In bitcoin’s earliest…

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The Dubai police have arrested a 10-man gang that stole AED7 million (about $1.9 million USD) from a prospective bitcoin buyer. The arrest comes less than 48 hours after the police received a report of the robbery incident. Police authorities say recently integrated artificial intelligence (AI) technology in the police force helped with the timely arrest of the gang. How the Alleged Bitcoin Robbery Occurred According to the details released by the police, the gang lured two brothers looking to buy bitcoin. The 10-man gang was led by a GCC…

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A “Bitcoin store” has opened doors in Croatia. It sells bitcoin and other cryptocurrencies, and even issues receipts. The shop is a welcome addition to the steadily growing crypto sector in the Balkan country. The team behind the project plans to expand to all major Croatian cities and even other countries in the region. Also read: Steps towards Self-Regulation in Croatia and Slovenia OTC Point of Sale Now Operational in Split The new walk-in point of sale is located in the Croatian city of Split, a famous tourist destination on…

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Regardless of what the central Chinese government tries to do or say, bitcoin and cryptocurrency remain popular investments among everyday people in China. And a new way to get exposure to the ecosystem just materialized for those with access to the Hong Kong market, a publicly traded company entered the mining industry. Also Read: This Week in Bitcoin: Amazon Wants to Track You and TD Ameritrade Plants a Flag Wine and Mine Diginex Limited, a multinational crypto-asset investment company headquartered in Hong Kong has announced it sold a 51% stake of…

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Warren Buffett continues to remain notoriously bearish on Bitcoin, claiming those who participate in the market are not investing. ‘That Is Not Investing’ In an exclusive interview with Yahoo Finance in Omaha, Nebraska, leading up to Berkshire Hathaway’s annual shareholder meeting, Buffett revealed that his thinking has not changed in regards to Bitcoin and other cryptocurrencies. He stated: There’s two kinds of items that people buy and think they’re investing. One really is investing and the other isn’t. You can probably guess which one Buffett says “isn’t.” The famous American business…

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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. Sydney, Australia – LEEKICO, a one-stop-service ICO platform, successfully supported NKN, a project aiming to rebuild the Internet that will be truly open, decentralized, dynamic, safe, shared and owned by the community, completed its highly anticipated token sale on April 19th, 2018. With LEEKICO’s support,…

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