Month: December 2018

In today’s edition of The Daily we feature the latest sports sponsorship by the cryptocurrency community. We also cover stories about new statistics on bitcoin usage in Israel, mining malware growth during 2018, and another bank blockchain patent. Also Read: Investment Robo-Adviser Wealthfront Adds Support for Coinbase UFC 232 to Have Official Cryptocurrency Partner The Litecoin Foundation has announced that it will be the Official Cryptocurrency Partner of UFC 232: Jones vs. Gustafsson 2, which will take place this Saturday, Dec. 29. The Ultimate Fighting Championship event will feature a rematch…

Read More

In this latest roundup of crypto chatter from social media, Vitalik Buterin sparks debate by declaring that he doesn’t believe in proof of work. Also, developer Rhett Creighton is accused of foul play in the Bitcoin Private pre-mine scandal. Finally, Chris Pacia clarifies his stance on large block limitations. Also read: A Look at Some of 2018’s Most Popular Cryptocurrency Traders Vitalik Doesn’t Believe in Proof of Work Ethereum founder Vitalik Buterin turned a lot of heads recently when he tweeted to Bitcoin maximalist Giacomo Zucco that he doesn’t “believe in proof of…

Read More

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. Last Thanksgiving, Bitcoin was in the middle of a bull run that would result in a record high of $19,511 just before Christmas. Now, Bitcoin is worth just $3,752. If you bought Bitcoin and other cryptos when their prices were high, there’s a silver lining…

Read More

Venezuelan President Nicolas Maduro has been tirelessly promoting the petro, ever since his administration announced the creation of what is now considered the first state-issued cryptocurrency. Although no one is really sure whether the coin actually works, Venezuelans have already seen their salaries denominated in the national crypto and their pensions converted to petro. Imposing the virtual currency on other nations, however, is proving much harder. Also read: Private Blockchains Have Few Applications, Study Finds Russia Not Ready for Petro Bookkeeping Maduro attempted to push the petro during his recent…

Read More

2018 was a crazy year in regard to the price of cryptocurrencies losing more than 80 percent of their values since they touched all-time highs. Interestingly enough, even though the prices of major digital assets plummeted, the hashrate for SHA-256 coins skyrocketed during the months of August through October. Although the hashrate has declined significantly since the price was severely impacted negatively this past November. Also Read: Crypto Bear Market Triggers Rise in M&A Activity A Look at the Hashrates Securing the Most Popular SHA-256 Coins in 2018 Cryptocurrency miners secure…

Read More

In an exclusive interview with news.Bitcoin.com, Japan’s top financial regulator revealed its expectations for the self-regulation of cryptocurrency exchanges in Japan. The agency has approved a self-regulatory organization, which it is working closely with to ensure compliance. All 16 regulated crypto exchanges in Japan are members of this self-regulatory organization. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Working Together Japan’s Financial Services Agency (JFSA), the country’s top financial regulator, granted the Japan Virtual Currency Exchange Association (Jvcea) self-regulatory organization (SRO) status under the Payment Services…

Read More

In an exclusive interview with news.Bitcoin.com, Japan’s top financial regulator revealed its expectations for the self-regulation of cryptocurrency exchanges in Japan. The agency has approved a self-regulatory organization, which it is working closely with to ensure compliance. All 16 regulated crypto exchanges in Japan are members of this self-regulatory organization. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Working Together The Japan Financial Services Agency (JFSA), the country’s top financial regulator, granted the Japan Virtual Currency Exchange Association (Jvcea) self-regulatory organization (SRO) status under the Payment…

Read More

The committee charged with providing recommendations for the regulatory framework surrounding cryptocurrencies in India is reportedly evaluating the legalization of the asset class under strong regulation. According to a recent report, “There is a general consensus that cryptocurrency cannot be dismissed as completely illegal.” Also read: Report: Indian Government Panel Submits Crypto Recommendations Legalizing With Strong Riders An article published by the New Indian Express on Wednesday claims that the second inter-ministerial committee appointed to discuss the country’s stance on cryptocurrencies is not completely convinced of outlawing the asset class and…

Read More

Madison Holdings Group Ltd. has agreed to buy 67.2 percent of Japanese cryptocurrency exchange Bitocean for 1.68 billion yen ($15.12 million). Inclusive of fees, the wines and alcoholic beverages company will pay a total $30.12 million. According to local media reports, the deal is to be completed through a subsidiary, Madison Labs. Also read: Cryptocurrency Exchanges Delist Dozens of Struggling Altcoins Acquisition to Diversify Operations and Expand Income Sources Madison is an investment holding company popular for selling top-end French wines. The $546 million-valued company is listed on the Hong Kong…

Read More