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Tag: Bitcoin

CoinExchange.io shuts down due to financial difficulties

Oct 03 2019 13:06:40 Jonathan Smith in Market

  In an announcement on its website, CoinExchange.io stated that trading services and deposits will be suspended on October 15. Read more

$3,5 bln Bitcoin Ponzi scheme Plus Token pressures the markets

Aug 15 2019 17:42:11 Jonathan Smith in Market

The fraudsters behind the China based Ponzi scheme Plus Token are dumping bitcoins worth over 3.5 billion USD on exchanges around the globe, and that is creating a selling pressure on the markets, venture capitalist Dovey Wan warns. Read more

Could Trump’s hostile view of Bitcoin & Libra affect the crypto market?

Jul 17 2019 16:34:56 Jonathan Smith in Market

In a series of tweets, the US President Donald Trump said he's not a fan of digital currencies like Bitcoin and Libra previous week. A couple of days later, Bitcoin plunged nearly 13% after US lawmakers grilled the Facebook executive in charge of Libra. Read more

Two US Presidential Candidates already accept crypto donations

May 27 2019 13:27:17 Jonathan Smith in Market

  As the 2020 US presidential elections are approaching, candidates are already striving for media attention. Read more

UK’s FCA mulls banning crypto derivatives

Oct 30 2018 16:46:05 Jonathan Smith in Market

  The Financial Conduct Authority (FCA) considers banning altogether the sale of crypto derivatives such as CFDs on Bitcoin to retail clients, reveals the Cryptoasset Taskforce report published on Monday. Read more

Google allows crypto adds for regulated exchanges

Sep 27 2018 16:54:27 Jonathan Smith in Market

Google reversed its total ban on all crypto adds, saying it will now allow “regulated” crypto currency exchanges to have adds in USA and Japan on the company's websites. Read more

Bitcoin ETFs rejected again by SEC

Aug 23 2018 15:00:32 Jonathan Smith in Market

  The Securities and Exchange Commission of the USA (SEC) once again said no to trading of Bitcoin Exchange traded funds (ETFs). The US regulator has rejected several proposals made in this regard by a subsidiary of the New York Stock Exchange, NYSE Arca. Read more

First bank-backed crypto exchange opens doors in Japan

Jul 17 2018 16:32:16 Jonathan Smith in Market

Japanese financial conglomerate SBI Holdings has officially launched a crypto currency exchange under the trade name ‘VCTRADE’, becoming the first baking institution in the world to enter the crypto market, CNN reports. Read more

New regulations in the crypto sector - form Thailand to the Philippines

Jul 02 2018 16:24:13 Jonathan Smith in Market

As governments around the globe are mulling how to regulate the crypto currency market, bold new legislation in Thailand and the Philippines gives an insight for a potential solution. Read more

Crypto miner arrested in China for stealing electricity

Jun 25 2018 13:06:54 Jonathan Smith in Market

Chinese police has arrested a man for allegedly stealing 150 000 kW hours of electricity for bitcoin and ethereum mining.   The police has made the arrest and confiscated more than 200 computers after a local power grid operator reported abnormal electricity usage, Xinhua news agency says. Read more

Tether might have been used to manipulate Bitcoin price in late 2017

Jun 15 2018 13:39:11 Jonathan Smith in Market

Tether, a cryptocurrency token that is supposedly backed by the US dollar, has been spent on Bitcoins at key instances to support its price, reveals a paper published by a University of Texas professor, cited by Bloomberg. Read more

Crypto exchanges in Canada to report transactions over 10 000 CAD

Jun 14 2018 15:34:38 Forexbrokerz.com in Market

The Canadian government has released an official draft of new regulations on crypto exchanges aimed at strengthening Canada’s anti-money laundering regime. The full text of the proposed legislation is published in the Canada Gazette. Read more

South Korean crypto exchange Coinrail hacked, temporarily shuts down

Jun 11 2018 12:18:21 Jonathan Smith in Market

  South Korean Coinrail was hacked over the weekend and reportedly lost about 30% of the coins traded on the exchange, which caused a sharp drop in the prices of Bitcoin and other digital currencies. Read more

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