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On March 10 a cryptocurrency trader and researcher published a report on how he believes $3 billion worth of cryptocurrency trade volumes, primarily from a couple of exchanges, are concocted. The author of the study, Sylvain Ribes, alleges that the exchange Okcoin has been fabricating up to 93 percent of its trade volumes. Also read: Thailand … Read more
This week the People’s Bank of China (PBOC) governor, Zhou Xiaochuan, spoke about both public and privately issued cryptocurrencies. Zhou details that the central bank dislikes “speculative cryptocurrency products” and the bank does not officially recognize digital currencies like bitcoin. Further Zhou explains the bank is monitoring projects like bitcoin and initial coin offerings (ICO), … Read more
The Belgian financial authority has published a list of 19 cryptocurrency trading platforms that it had received complaints about. The regulator says these platforms show signs of fraud. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies 19 ‘Fraudulent’ Crypto Trading Platforms Belgium’s Financial Services and Markets Authority (FSMA) has recently warned about … Read more
Bitcoin cash (BCH) markets have been declining in value following suit with BTC and a vast majority of cryptocurrency prices suffering from losses the past five days. The price has since stabilized hovering around the $1,075 range after touching a low of $920 per coin just a few days ago. Also read: Ant Creek: Is Bitmain … Read more
A new type of credit card aims to pay users cryptocurrency rewards rather than the typical ‘cash back’ incentives offered by traditional cards. The San Francisco based startup Blockrize aims to provide its customers with a 1% ‘crypto back’ rewards paid out in BTC or ETH. Also read: Cryptocurrency Interest Wanes — Online Searches for “Bitcoin” … Read more
According to public documents the mining giant based out of Beijing, Bitmain Technologies, is allegedly building a data facility near Port Walla Walla, Washington called ‘Ant Creek.’ Also read: Washington Politicians Defend Regulations as Cryptocurrency Exchanges Flee Is Bitmain Quietly Constructing a Large Mining Facility in Washington State? The mining company and device manufacturer Bitmain … Read more
Singlepoint has launched a bitcoin payment solution for the cannabis industry. The company also plans to launch a cryptocurrency exchange in the upcoming months as well as a crypto wallet which will be ready for testing in the next weeks. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Singlepoint’s Bitcoin Solution Publicly-traded … Read more
Last week officials from the small town of Plattsburgh New York filed a moratorium request against bitcoin mining operations that currently reside in the town and future mining endeavors. The proposal was issued by the Mayor’s office and cites concerned over electricity use and energy consumption. Also Read: From ‘Attack’ to ‘Optimization’ — Slush Pool Reveals … Read more
GMO Internet has released a monthly report on its mining business for February 2018, revealing that the company has mined over 200 bitcoins during this year so far. GMO has also mined over 300 Bitcoin Cash during 2018. Also Read: From ‘Attack’ to ‘Optimization’ — Slush Pool Reveals ASIC Boost Compatibility GMO Internet Mined $1.8 Million … Read more
While there is weight to the argument that the success of one cryptocurrency promotes the success of all cryptocurrencies, there are certainly a number of coins whose communities and even development teams have adopted a position of spite and rivalry toward competing projects. Here are five of the best rivalries throughout cryptocurrency. 5. Binance Coin … Read more
