South Carolina Declares Cloud Mining Contracts to Be Securities

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The Attorney General of South Carolina has served a cease and desist order on Genesis Mining. In documents filed before its Securities Commissioner, it has declared cloud mining contracts to be securities, in a move that could have repercussions beyond the confines of the Palmetto State. Also read: ‘Cryptomatoes’ Using Excess Mining Heat to Grow Produce … Read more

NEM Price Aims to Reach $0.5 Once Again

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Even though some people may still doubt it to be the case, the cryptocurrency markets are not out of the woods just yet. Even though we have seen multiple steep corrections this year already, there’s no reason to think things will only get better from here on out. If the NEM price is any indication, … Read more

PR: Multiversum Delivering 4th Generation Blockchain – a Crypto Relational Database Pre ICO Raises $2.9million in Just 6 Days

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Multiversum, the new innovative fourth generation blockchain technology platform has raised $2.9million in just 8 days in its Pre ICO. The hard cap for the Pre ICO is 60MLN$ and it will run until 31/3/2018 A spokesperson for the company indicated that they were very happy with the results so far and moreover they expected … Read more

Blogger ‘Bitfinex’ed’ Hires Legal Counsel to Fight Bitfinex Lawsuit

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According to reports the infamous Twitter handle and blogger, ‘Bitfinex’ed,’ has hired the well-known attorney Stephen Palley to fight against the legal threats posed against the blogger. The legal counsel for Bitfinex, Stuart Hoegner suggested this past December that the blogger may face a lawsuit as Bitfinex said it wasn’t too pleased with the allegations. … Read more

Large Mining Farm Discovered in Abandoned Russian Factory

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A large illegal facility for mining bitcoin was discovered by police in the Russian city of Orenburg. The farm has been set up on the premises of an abandoned factory. The masterminds of the crypto project have stolen electricity worth 60 million rubles. They risk years of imprisonment.    Also read: Bitmain Opens Repair Center … Read more

Nasdaq-Listed Marathon Begins Bitcoin Mining Operations, Stock Up 32%

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Traditional stock investors have just gotten another avenue for indirect exposure to the bitcoin market. A Nasdaq exchange listed former patent management company, Marathon, has changed its focus to ASIC mining and today started producing bitcoin. Also Read: Silicon Valley VCs Help Crypto Hedge Fund Reach Quarter Billion Target Marathon Mining Marathon Patent Group, Inc. … Read more