February 2018
Chinese Entrepreneur Warns Against Mining and ICO Bans
Chinese Entrepreneur Warns Against Mining and ICO Bans Angel investor and Founder of Chinese app Meitu, Cai Wensheng, has published criticisms of the central government’s expanding regulatory crackdown on cryptocurrencies via Wechat. Mr. Wensheng warns that heavy-handed regulatory policies may squander the opportunity for China to maintain a significant presence in the burgeoning global cryptocurrency […]
Bitcoin WARNING – EU Commission says crypto is NOT currency ahead of imminent crackdown
Bitcoin WARNING – EU Commission says crypto is NOT currency ahead of imminent crackdown BITCOIN and other cryptocurrencies do not have a "guaranteed value" and should come with a "clear and frequent" warning to investors in order to safeguard them from possible risks to their investments, EU financial services commissioner Valdis Dombrovskis said. Bitcoin and […]
This 11-year-old just wrote a book on bitcoin that hopefully a kid can understand
This 11-year-old just wrote a book on bitcoin that hopefully a kid can understand Andrew Courey, a middle school student in Massachusetts, recently published a 57-page book on bitcoin. He did the research when he wasn't in school, playing sports or working on mobile apps. Like most sixth graders, Andrew Courey is usually playing sports […]
Coinbase Informs 13K Affected Customers Of Imminent Data Handover To IRS
Coinbase Informs 13K Affected Customers Of Imminent Data Handover To IRS US-based cryptocurrency exchange and wallet service Coinbase sent an official notice Friday, Feb. 23 to approximately 13,000 of its customers whose information it is legally required to turn over to the US Internal Revenue Service (IRS). The IRS had initially asked Coinbase […]
Tesla Billionaire Elon Musk Reveals How Much Bitcoin He Owns
Tesla Billionaire Elon Musk Reveals How Much Bitcoin He Owns Billionaire Elon Musk is a huge fan of cutting-edge technology and is usually ahead of the curve when it comes to finance, but he's not a bitcoin bull. The co-founder of Tesla Inc. revealed on Twitter that he owns only a tiny fraction of […]
Bitcoin Fees Are Down Big – Why It’s Happening and What It Means
Bitcoin Fees Are Down Big – Why It's Happening and What It Means $26 down to $3. The average cost of sending a bitcoin transaction is cheaper than it's been in a year and a half, showing the price isn't the cryptocurrency's only unpredictable metric these days. But with all the debate about growing […]
Bitcoin – British MPs launch inquiry into digital currencies
Bitcoin – British MPs launch inquiry into digital currencies MPs have launched an inquiry into cryptocurrencies and the technology behind them. The Treasury Committee said it wants to understand the risks and benefits of digital money following an explosion of interest – and investment – in them. The MPs will cover the role of digital […]
Crypto Mining Craze Creates Global GPU Shortage
Crypto Mining Craze Creates Global GPU Shortage The cryptocurrency bull run of 2017 attracted multitudes of investors looking to get rich quick but it also created a mining boom that has resulted in a worldwide shortage of computer components. Miners Plunder Singapore, Hong Kong For Cheap Rigs Scores of miners from around the world […]
Trader Takes a Risk With Bitcoin, Becomes Cryptocurrency Billionaire
Trader Takes a Risk With Bitcoin, Becomes Cryptocurrency Billionaire A mysterious investor who had recently purchased astonishing $400 million in bitcoin has just become a cryptocurrency billionaire. Earlier this year, Bitcoin investors pressed the panic button when the cryptocurrency saw as much as 50 percent of the market lost amidst fears of growing regulations within […]
Doge Is Helping Ethereum Solve Its Biggest Issue
Doge Is Helping Ethereum Solve Its Biggest Issue A cryptocurrency modeled after a dog meme is proving yet again it's not just a joke. Created on a whim in 2013, dogecoin isn't simply still around, it's playing a crucial role in the ongoing testing of at least one "serious" technology. In fact, on February 5, […]