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The blockchain surveillance company Chainalysis has announced it has raised $16 million USD in a Series A funding round from the firm Benchmark. Chainalysis also reveals it will be stretching its monitoring software efforts towards the bitcoin cash network and hopes by the year-end the platform will cover ten different public blockchains. Also read: Russians Owe 13% Tax on Their Crypto Incomes The New Chainalysis Product ‘KYT’ — Know Your Transaction Chainalysis is a blockchain surveillance company that produces tools for governments and law enforcement agencies to track bitcoin transactions.…

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Today, some individuals involved with Monero have “declared sovereignty” against the developers of the prominent privacy-focused cryptocurrency — choosing instead to follow the ASIC-supporting legacy chain dubbed Monero Classic. A Declaration of Decentralization According to an official statement from MoneroClassic.org, the forked cryptocurrency comes about as a resistance to Monero developers changing the cryptocurrency’s proof-of-work model to counter Bitmain-produced ASICs — a decision purportedly made out of fear that Bitmain would be able to effectively centralize the otherwise decentralized privacy coin. However, Monero Classic hard forkers are claiming that this…

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The cryptocurrency market is not the way it used to be anymore, no, not at all! As weak-handed bag holders get shaken out and institutional investors wait for regulatory decisions (and the floor), the market for digital currencies is shifting dramatically — and for the better. Shaking out the Weak Hands In December, everyone was a day-trading cryptocurrency expert. Stories abound about co-workers who convinced their mothers to buy ten litecoins at $350 apiece, and everybody probably knows somebody who bought PACcoin when it pumped nearly 40,000 percent in little more…

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The team behind the troubled Japanese cryptocurrency exchange Coincheck has decided to sell the company to one of the largest securities trading companies in the country. Monex will provide much needed capital but will decapitate the exchange and replace its head with a more trusted figure from among its own.   Also Read: Japanese Police Arrest Chinese Man for Selling Cryptocurrency Exchange Accounts Coincecheck Shakeup The leadership of Coincheck exchange has reportedly accepted on Thursday the acquisition bid by Japanese financial services firm Monex Group (Tokyo Stock Exchange: 8698). The…

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After shutting down the idea in 2017, the SEC has officially initiated a formal inquiry into the possibility of allowing Bitcoin exchange-traded funds (ETFs) via a change to one or more of its rules. Institutional Investors Incoming According to an official release from the Securities and Exchange Commission (SEC), formal proceedings are set to begin in regards to listing the first Bitcoin exchange-traded funds (ETFs) in the United States. Bitcoin ETFs would effectively provide significantly greater exposure to Bitcoin futures contracts — which themselves have been somewhat controversial among cryptocurrency…

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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. Bitcoin ATMs are becoming increasingly popular as the adoption of cryptocurrencies are becoming more mainstream. They make buying and selling cryptocurrency much more accessible than ever before. The company leading the way to mainstream adoption is Bitcoin Depot. Bitcoin Depot has recently installed its 125th…

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With the current state of cryptocurrency trading being riddled with complexities, roadblocks, and unreliable solutions, Exenium brings a stable, secure and easy-to-use exchange right at your fingertips. It’s now possible to trade your preferred crypto anywhere and anytime right from your mobile device. Exenium is a multi-platform cryptocurrency exchange created with the intention of solving the complex issues currently faced by the highly volatile crypto market. Bringing the world’s first chatbot trading platform, supporting messengers such as Facebook Messenger, WhatsApp, Telegram, and Discord, Exenium allows for hassle-free trading experience on…

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The cryptocurrency mining market in North America is facing a major consolidation as one of the biggest players is taking over another. The resulting combined company will be publicly traded and control over 21,000 rigs, consuming 28 MW of power and with an ability to grow to over 90 MW.    Also Read: Bitcoin Mules Flood China as OTC Cryptocurrency Trading Flourishes Global Consolidator Canadian cryptocurrency mining firm Cryptoglobal (TSXV: CPTO) and the owners of the largest US-based mining farm Hyperblock have announced that they have reached an agreement that…

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Derrick J. Freeman and Steven Zeiler founded what they claim is the first crypto-only brick and mortar retail establishment in the US, the Free State Bitcoin Shoppe. Visitors pay for merchandise with cryptocurrencies like bitcoin. If they don’t have cryptocurrency, the store clerk helps them download and fund their first wallet. They checkout using an Ipad in a Square stand running New Hampshire-based free point-of-sale software Anypay. News.Bitcoin.com caught up with Mr. Freeman for an exclusive interview. Also read: India Searches for Ethereum Over Bitcoin Bitcoin Shoppe is Crypto-Only Portsmouth, New…

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On April 5 the former bitcoin core developer Mike Hearn came back to do an Ask-Me-Anything (AMA) on the Reddit forum /r/btc. It’s been a while since Hearn has chatted with the bitcoin community, and one could say he left the development scene a few years ago due to the vitriolic strife over the scaling debate. Hearn explains ever since the birth of the Bitcoin Cash network he’s been getting a lot of emails asking him to return and help develop the nascent BCH blockchain. Also read: New Karate Combat League…

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