Crypto Company Sends Bitcoin Mining Into the Stratosphere

A crypto mining company has sent a balloon into the stratosphere to mine bitcoin on the edge of space, reaching over 35,000 meters in altitude. The company also shared the results of its survey on what the price of bitcoin would be this year. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Space Launch … Read more

Hungarian and Peruvian Localbitcoins Markets Post Record Volume

The Localbitcoins markets of several nations have produced significant spikes in recent weeks, with the peer-to-peer (P2P) markets of Hungary, Peru, and Venezuela establishing new all-time highs for volume when measuring in trade in fiat currency. Also Read: Bitcoin in Brief Monday: Outage Downs Telegram, Bitcoin Shines on a Bank P2P Markets of Latin America Surge … Read more

Hong Kong Alcohol Company Buys 51% of Bitcoin Miner for $60 Million

Regardless of what the central Chinese government tries to do or say, bitcoin and cryptocurrency remain popular investments among everyday people in China. And a new way to get exposure to the ecosystem just materialized for those with access to the Hong Kong market, a publicly traded company entered the mining industry. Also Read: This Week … Read more

Bitcoin in Brief Thursday: Another ICO Ghosts with $50 Million – Sends Thanx from Beer Beach

Today we’ve simply given-in to no nutritional value, guilty pleasure, lowest common denominator: bitcoin-related crime news. Start your day with laughs and head scratching, as we examine the Savedroid ICO exit scam, an international bitcoin heist escape, the fury of a scorned woman, a bear spray robbery, and some whole food violence.   Also read: Bitcoin … Read more

“Private Digital Money” Better than State-Issued, Swiss Central Banker Says

Private digital currencies are better than any state-issued version, admitted a high-ranking representative of the Swiss National Bank. Cryptocurrencies are also less risky, according to Andrea Maechler, member of the central bank’s governing board. Her comments indicate that Switzerland has no intentions to emit a state-sponsored crypto.   Also read: Centralized Cryptoruble Not Possible, Minister … Read more

Cryptojacking Is Extremely Popular in Sweden, Researchers Claim

People who have kept close tabs on the cryptocurrency industry may have come across the term “cryptojacking” before. This particular trend revolves around hackers controlling other people’s computers or smart devices to mine cryptocurrency. A new report shows cryptojacking has gained a lot of traction in Sweden as of late. Sweden is Home to Many … Read more

World’s Central Bank: Crypto Could Risk Bank Runs

How many central banks are actually considering their own version of cryptocurrency is unclear, Russia and Venezuela being the most infamous examples. To perhaps ward off serious consideration from more established economies, the Bank for International Settlements (BIS), the world’s central bank to central bankers, is suggesting state-backed crypto might destabilize commercial banks’ customer deposits, … Read more

35 Countries, EU and FATF Agree to Revise Global Cryptocurrency Standards

Thirty-five countries and the European Commission have asked the Financial Action Task Force (FATF), responsible for setting global anti-money laundering (AML) policies, to revise its standards relating to cryptocurrencies. The organization promised to present its revised AML countermeasures for cryptocurrencies at the upcoming G20 meeting of finance ministers. Also read: Indians Look to Buy Bitcoin Overseas … Read more