Ethereum price analysis for April 18th, 2018 – Bulls in Charge!

Ethereum price has been recovering during the past couple of weeks after a bullish wave that had been controlling the market since the latter half of February. However, the market has been moving sideways during most of Tuesday’s trading sessions. A day high of $523.80 was recorded on Tuesday, before dropping down to a day … Read more

Crypto Rider Gamifies the Cryptocurrency Price Roller Coaster

Truth be told, it was only a matter of time until someone created a video game about cryptocurrencies. Rather than making players collect coins, this game revolves around price charts. Known as Crypto Rider, the game will certainly let players enjoy the roller coaster emotions which Bitcoin holders experience on a virtually daily basis. Crypto Rider is … Read more

Recent Drupal Exploit Is Being Used to Illegally Mine Cryptocurrencies

Cybercriminals often target known and unknown exploits found in operating systems and web architectures. Evidently, someone took advantage of a recent Drupal exploit to mine cryptocurrencies in an illegal manner. Although the exploit was patched in late March, there are still some concerns over how exactly this exploit was leveraged. A Drupal Exploit Enabled Crypto Mining As is … Read more

Bank of Japan Turns Back on State-Issued Cryptocurrency

The Bank of Japan has become the latest government financial institution to recognize the risks of state-issued cryptocurrencies. According to its Deputy Governor Masayoshi Amamiya, a national digital coin may jeopardize the traditional financial system established in developed countries. The Japanese central bank has no plans to issue its own crypto, he said. Also read: … Read more

Backpage CEO Pleads Guilty to Laundering Money Using Cryptocurrencies

Not too long ago, the Backpage.com platform was seized by the US government. This particular development also had some repercussions for cryptocurrencies, as the site’s CEO was charged with laundering money using Bitcoin and other cryptocurrencies. It now seems he has pled guilty to these charges and intends to flip on other website officials. Backpage Money Laundering and Cryptocurrency … Read more

Barclays Surveys Its Customers on Cryptocurrency Trading Desk Plans

A lot of things are changing in the world of cryptocurrency. Banks are slowly making a complete 180-degree turn in regards to this new form of money. After many years of opposing Bitcoin and similar currencies, financial giants are now entering the cryptocurrency markets. Barclays is the latest institution to consider taking this surprising approach. Barclays Wants to Trade Cryptocurrencies … Read more

Crypto Enthusiasts Demand Thailand’s Finance Ministry Revamp Taxation Guidelines

Capital gains taxes will always remain a controversial topic. This is especially true in Thailand, by the look of things, as the cryptocurrency community wants the nation’s Finance Ministry to rethink its guidelines in this regard. For most people, this is also an effort to create a more lenient ecosystem for initial coin offerings. Thailand’s Crypto Capital … Read more

IMF’s Christine Lagarde Seeks to Achieve “Clear-Eyed” Cryptocurrency Regulation

With so many countries focusing on Bitcoin regulation these days, one wouldn’t necessarily expect to see things evolve in a positive direction. As of right now, most of Europe still remains on the fence about regulating this new form of money, although some progress has been made. Surprisingly, Christine Lagarde of the International Monetary Fund would much rather see … Read more

Is Burning Man Outdated? NextGen Blockchain Summit to Be Held in Dubai

We all have heard of Burning Man, a community devoted to individuals showing off the best of themselves, in artistic forms of self-expression and self-reliance. But is it outdated? For those new to the Burning Man community, art is created through experimental and interactive sculpture, building, performance, and other media. The event brings hundreds of thousands of strangers from … Read more

Korean Exchange Bithumb Has Reserves Worth $6 Billion in 12 Cryptocurrencies

One of South Korea’s largest cryptocurrency exchanges, Bithumb, has published its first audit report, detailing its financial performance as well as crypto reserves worth approximately $6 billion kept in 12 cryptocurrencies. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space $6 Billion Worth of Coins South Korea’s second largest cryptocurrency exchange Bithumb recently released its … Read more