GDAX on Its Botched Bitcoin Cash Launch; “Heavy Buy Demand Resulted in Insufficient Liquidity”

On January 9, Adam White, the general manager of the GDAX exchange, a subsidiary of Coinbase, gave his “retrospective” on the recent and controversial bitcoin cash (BCH) launch on the platform. White details that despite the company’s best efforts things didn’t go as planned, and the executive gives a transparent timeline of events. Also read: … Read more

Two More Bitcoin ETF Proposals Withdrawn

The US Securities and Exchange Commission (SEC) reportedly informed two bitcoin exchange-traded fund (ETF) aspirants their cryptocurrency products lack enough liquidity and are problematic in discovering valuation. Also read: Bitcoin Turns 9 Years Old Two Firms Withdraw Bitcoin ETF Proposals from SEC Wall Street’s main regulatory body, the US Securities and Exchange Commission (SEC), sent … Read more

Fantasy Market Porn Coin CEO Ghosts, ICO Folds, Investors Lose

Fantasy Market’s website alerted investors to the bad news: its porn token CEO has vanished, and along with him potential millions in recent gains, leaving investors holding the bag. As the cryptocurrency market nears trillion dollar capitalization, enthusiasts can be sure more scams are around the corner. Also read: Bitcoin’s 9th Birthday Porn Coin CEO … Read more

Aerospace Engineer Uses Bitcoin Cash to Buy $415,000 Home in Seattle

The mainstream adoption of cryptocurrency is continuing on pace in all different business sectors and in many economies across the world. The latest example of this featured in the press is the recent acquisition of a home using bitcoin cash. Also Read: Bitcoin Cash Used to Pay for Music Records, Gift Cards, Plastic Surgery The … Read more

Microsoft Has Stopped Accepting Bitcoin Deposits

Cryptocurrency users are used to seeing more and more adoption of the instruments by companies. From time to time there are setbacks however, like Microsoft now reversing its previous bitcoin position. Also Read: Is Bitpay Bullying Other Bitcoin Wallets and Hurting Users’ Privacy? Microsoft’s About-Face on Bitcoin Technology giant Microsoft (NASDAQ:MSFT) has canceled a previous … Read more

EOS Has a $1 Billion War Chest – But Will Dan Larimer Stick Around Long Enough to Enjoy It?

On paper, EOS is a $6 billion company and the 14th largest cryptocurrency project in the world whose token changes hands for $10 a pop. It has raised over $700 million to date in the world’s longest running ICO, which began last June. By the time it’s done, the company, led by Dan Larimer, will … Read more

Bitcoin Adoption Continues to Thrive Within Africa’s Borders

According to multiple reports this week the decentralized currency bitcoin is still booming in many African countries. From South Africa to the Sub-Saharan region, citizens from all walks of life are finding bitcoin beneficial. This is making domestic cryptocurrency exchanges and peer-to-peer trading platforms’ volumes climb while digital currencies are also selling at a premium. … Read more

Is Bitpay Bullying Other Bitcoin Wallets and Hurting Users’ Privacy?

Bitpay is facing a backlash against its decision to implement a controversial feature it says is meant to protect bitcoin users. The leading payment processor is accused of abusing its dominant position to bully wallet providers into supporting its plans, degrading users’ privacy and hurting the use of bitcoin altogether. Also Read: Cryptocurrency Hedge Fund … Read more

Bitfury as Big Brother: Mining Company Tracks Bitcoiners

Bitfury Group announced they’re concerned about the advent of bitcoin users having multiple wallet addresses, which the company views as leading to greater anonymity and, they also believe, facilitates crime. Also read: Nine Years Ago, Bitcoin’s Block Zero is Born Bitfury Watches Bitcoiners “Currently, bitcoin users can have multiple addresses,” Bitfury Group CEO Valery Vavilov detailed, … Read more

Tron, Cardano, Verge and Ripple – Four Cryptocurrencies That Actually Meet the Definition of Vaporware

‘Vaporware’ is a term that’s tossed about loosely, often against cryptocurrency projects that have no clear use case. It’s an easy accusation to make given that many crypto projects are still at the development stage, and haven’t had a chance to prove themselves. This year’s vaporware could be next year’s ethereum – or at least … Read more