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OKEx, one of the largest exchanges in the world, has announced plans to move to the European island, Malta. This announcement came quickly after a similar announcement made by Binance, one of OKEx’s main competitors. In an attempt to gain an understanding of the political climate around cryptocurrencies in Malta, OKEx’s executives met with the Maltese government. While many EU countries are taking a standoff-ish, if not downright hostile, approach to cryptocurrency, Malta – which aims to become a ‘global pioneer’ for cryptocurrency – has proven to be extremely welcoming…

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There’s a new website bitcoin cash proponents are chatting about called Memo. It’s an on-chain social network built on the Bitcoin Cash network. The creator of Memo says the platform is both a protocol and a front-end application that uses the BCH chain to store written data. Also Read: Coinsource Installs 20 Bitcoin ATM Machines Around Washington DC An On-Chain Social Network Built on the Bitcoin Cash Blockchain Called Memo On April 15 a new on-chain social network was launched for the Bitcoin Cash blockchain called Memo. The platform allows users…

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The FBI has announced on Friday that Renwick Haddow, a 49-year old UK national, has been extradited to the US from Morocco to face charges at the Southern District Court of New York. He is accused of defrauding more than $36 million from victims by making material misrepresentations and misappropriating investment funds in two companies, Bitcoin Store and Bar Works. Also Read: Malta Attracts Cryptocurrency Exchange Okex Fake Bitcoin Broker Extradited Haddow was arrested in Morocco under a provisional arrest warrant in July 2017 after the SEC filed fraud charges…

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The rise of cryptocurrency has brought many opportunities for investment, but such wealth potential has also attracted criminals. A recent example is of a Bitcoin robbery in Singapore, in which the victim was robbed of over $278,000 USD. The Singaporean police force has recently announced a robbery case involving a Bitcoin transaction. Pang Joon Hau, a Malaysian man, traveled to Singapore on April 8th in search of Bitcoin sellers. Carrying Lots of Cash Not a Wise Decision Pang contacted a broker in Singapore, who then met with Pang at his…

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You’ve probably heard it all before: “Don’t you wish you invested in Apple when it was $5 a share? Don’t you wish you invested in Microsoft when it was $5 a share? Well, Bitcoin is the next Apple or Microsoft.” According to Brian Kelly, nothing could be truer. ‘This Is Like the Internet in the 1980s’ Tune in to any mainstream media outlet and you’ll likely see a flood of FUD (Fear, Uncertainty, and Doubt) surrounding Bitcoin, with only the occasional intermittent FOMO (Fear of Missing Out) piece keeping things…

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The SAFT may be a cousin of the SAFE – but the relationship comes with strings attached and anyone considering doing down the rabbit hole should consider potential implications very carefully. The rise of ICOs has been difficult to ignore. What was once seen as a gimmick is now threatening to reshape the fundraising industry. This is particularly the case for VCs and investors who are concerned with very early stage investments. The fear of missing out (FOMO) and being left behind the curve has prompted VCs and other “institutional”…

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A new association has been registered in Japan consisting of 16 government-approved cryptocurrency exchanges. The group will focus on establishing self-regulatory rules and will have the authority to investigate and sanction members that do not comply with self-regulation. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space New Japanese Crypto Association A new cryptocurrency organization has been registered with the Japanese Financial Services Agency (FSA), consisting of 16 crypto exchanges that have been approved by the agency, according to local media. The Japan Virtual Currency Exchange Association recently held a…

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Pantera Capital Management, a leading investor in the cryptocurrency sector, has predicted with “strong conviction” that bitcoin has established a local bottom. The fund anticipates that $6,500 will comprise the low of the current bear market, anticipating that the markets are likely to break into new all-time highs within 12 months. Also Read: These Countries Won’t Tax Your Bitcoins Too Much Pantera Predicts Imminent Bitcoin Bounce Pantera Capital, an investment firm exclusively operating in the cryptocurrency and distributed ledger technology sectors, has published a letter predicting that bitcoin has established the…

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Public demand for Bitcoin ATMs continues to grow in the U.S. In response, and after a reportedly successful Q1, Coinsource, one of the largest Bitcoin ATM networks, is now deploying twenty machines in the Washington, D.C. metropolitan area. Bitcoin ATM Installations in the U.S. Capital Bitcoin user demand is pushing Coinsource to expand its services. Thus, on April 12, 2018, Las Vegas, Nevada-based Coinsource announced that it will install 20 Bitcoin ATMs across the District of Columbia and Maryland. As a result, a total of 182 Coinsource machines will be…

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The well-known venture capitalist and cryptocurrency investor Tim Draper has revealed his four-year prediction after holding back his statements in a few interviews some weeks ago. Now Draper, who correctly predicted bitcoin’s price would surpass $10,000 USD per coin by 2018, believes in just four years the price will be $250,000. Also read: Coinsecure Announces Repayment Plan and Bounty for Stolen Bitcoins ‘Serious Winds of Change’ Tim Draper is a venture capitalist who has a whole lot of money tied up in technology-based investments. Draper is a strong believer in cryptocurrency…

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