Viberate Partners with Changelly for Mass Token Adoption

Music industry blockchain company Viberate has entered into a partnership with crypto conversion platform Changelly. The move will facilitate the greater adoption of its VIB tokens which are also gaining greater traction on global exchanges. Viberate aims to revolutionize the way musicians are presented and booked by decentralizing the discovery and booking processes with the use of the blockchain technology. Their highly successful token crowdsale raised over $10 million and sold out in less than five minutes. The next stage in the evolution of the live music-oriented digital currency is…

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Bitcoin Skeptic Dennis Gartman Duped by Dubious Blockchain Investment

‘Commodities King’ Dennis Gartman has been left with a red face and diminished pension fund after investing in a dubious blockchain company. Shares in Riot Blockchain Inc plunged by 30% following a CNBC investigation, leaving Gartman’s fund in a negative balance for the year to date. The trader has previously described bitcoin as being “nothing more than a scam of the first order.” Also read: 30 People Who Were Really Wrong About Bitcoin Gartman Gets Rekt by the Blockchain Meme There was more than a touch of schadenfreude in the crypto…

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Bitcoin Usage Falls to Its Lowest in Months

There’s never a bad time to be sending and receiving bitcoin, but right now is especially good. Fees are at the lowest in 18 months, with the average transaction value now under a dollar. This contrasts starkly with the latter quarter of last year, when rising fees peaked at $34. There’s a primary reason why fees have been dropping since then: with bitcoin too expensive to send, people simply stopped using it as currency. Also read: How to Calculate Bitcoin Transaction Fees When You’re in a Hurry Bitcoin Fees Take a…

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PR: Bitcoin Holders, Please Claim Your BCP and BCPC, as They Will Be on Exchanges Soon

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. The mainchain energy coin BCP and the sidechain clearance coin BCPC belongs to Bitcoin’s Parallel Ecosystem. All Bitcoin holders of BTC chain at the block height 507,000 on January 30th 2018 have the privilege to claim their BCP and BCPC coins for free from February…

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Bafin Clarifies Stance on ICOs as More Germans Ask About Tokens

Germany’s financial regulator has clarified its position on initial coin offerings. Bafin admitted it was receiving many inquiries about the status of tokens and cryptocurrencies distributed to investors through ICOs. The federal agency advised interested parties to refer to regulations applicable to traditional financial instruments and comply with current requirements. A new survey found out that more than two thirds of Germans know about bitcoin.    Also read: Italy Completes Consultations on Registration of Crypto Companies Revelation: Tokens Are Securities, Shares and Units of Account In an advisory letter, the…

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Tesla’s Amazon Cloud Account Hacked to Mine Cryptocurrency

Tesla, the automotive company, was the victim of a cryptojacking attack as their Amazon cloud account was compromised and used to mine cryptocurrency. Even the largest and most technologically advanced companies can be vulnerable to being hacked. Case in point is the pioneering electric car company, Tesla, owned by tech billionaire Elon Musk. They were recently the target of a cryptojacking attack that saw their Amazon cloud account compromised and used to mine cryptocurrency. Security Not up to Snuff A hacker, or group of hackers, hijacked an IT administrative console…

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Bitcoin Fees Sink to 6 Month Low, Undermining Bitcoin Cash

Bitcoin (BTC) transaction fees have dipped below than those of Bitcoin Cash (BCH), marking a blow to one of the hard fork’s central remits. Battle Of The Satoshis Data from monitoring resources Wednesday confirms the turnaround as BTC continues to see a drop in transaction fees not seen for six months. In terms of satoshis, the cryptocurrency’s smallest possible unit, BCH’s lower value means a transaction fee of 10,000 sat provides worse value than an equivalent 10,000 sat fee sent in BTC. The drop also marks a 97% decline to about…

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Tesla Hit by Hackers Who Used its Systems to Mine Cryptocurrency

Elon Musk might be able to send his personal Tesla car into space, he might change the way humanity produces and stores energy, and he might even build a colony on Mars one day. However, even this real-life Iron Man apparently can’t escape the reach of crypto mining hackers. Also Read: US Federal Authorities Arrest Man for Selling 9.99 Bitcoin Tesla Cloud Mining Tesla (NASDAQ: TSLA), the electric car manufacturer based in Palo Alto, California, is the latest corporation to fall victim to ‘cryptojacking’, according to newly released research from…

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Italy Completes Consultations on Registration of Crypto Companies

Public consultations on a new regulatory regime for crypto companies in Italy are now closed. Interested parties were invited by the Ministry of Economy and Finance to share suggestions and comments on a draft decree introducing registration and reporting requirements in the sector. The new set of rules will come into force within 3 months of adoption. Also read: Spain Mulls Tax Breaks for Blockchain and Crypto Firms Italy Trying to Understand the Phenomenon The ministerial decree has been designed to “explore and understand the various aspects of the virtual…

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Venezuela Says Pre-Sale of Oil-Backed Petro Cryptocurrency Has Raised $735 Million

Venezuela has announced that the pre-sale of its oil-backed cryptocurrency, the petro, has attracted $735 million on the first day. The government has also published a buyer’s manual and confirmed that buyers can use “hard currencies and cryptocurrencies, but not bolivars.” Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Petro Pre-Sale Starts The private pre-sale of Venezuela’s oil-backed cryptocurrency, the petro, was scheduled for February 20 at 8:30 am (Venezuela time 04:00 UTC), according to the petro’s whitepaper. However, at midnight local time on February 20, the government announced…

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