Cryptocurrency News

Not Just Venezuela, Bitcoin is Seeing Record Volumes Across South America

Thu Sep 13 , 2018 at 16:00:00 UTC

Bitcoin’s mixed price fortunes could not matter less to some South American markets as trade volumes in several countries see major spikes. Argentina, Peru, Colombia… In spite of BTC/USD trending down towards $6000 yet again this month, economic uncertainty in Venezuela and Argentina continue to see huge volumes of fiat change hands for Bitcoin . Data from Coin Dance tracking volume on P2P platform Localbitcoins confirms the seven days ending on September 9th were the biggest Read More The post Not Just Venezuela, Bitcoin is Seeing Record Volumes Across South America appeared first on Bitcoinist.com.

KYC-Friendly Companies Establish ‘Blockchain Association’ Lobbying Group in DC

Thu Sep 13 , 2018 at 14:00:00 UTC

High-profile cryptocurrency companies and tech veterans are joining forces to form the Blockchain Association — the very first DC-based lobbying group. Fully-Fledged Lobbying Group Prominent cryptocurrency companies such as Coinbase, Circle, Protocol Labs, as well as investors in the field like Digital Currency Group, Polychain Capital, and others, are among the founding members of Blockchain Association, Washington Post reports. The formation is designated to be the first cryptocurrency lobbying group and it’s intended to charm Read More The post KYC-Friendly Companies Establish ‘Blockchain Association’ Lobbying Group in DC appeared first on Bitcoinist.com.

Morgan Stanley To Give Clients Bitcoin Trading Options

Thu Sep 13 , 2018 at 12:00:00 UTC

US multinational investment bank Morgan Stanley is preparing to offer Bitcoin swap trading for its clients, unconfirmed sources report on September 13. Sources Say Morgan Stanley Preparing Swap Trades Citing “people familiar with the matter” in an article from Bloomberg reporter Alistair Marsh, Business Insider’s Frank Chaparro revealed the giant “plans to offer trading in complex derivatives” linked to Bitcoin . According to Marsh’s sources, Morgan Stanley “will deal in contracts that give investors synthetic Read More The post Morgan Stanley To Give Clients Bitcoin Trading Options appeared first on Bitcoinist.com.

Stablecoins: Retrofitting the Dollar’s Flaws into Cryptocurrency?

Thu Sep 13 , 2018 at 10:00:00 UTC

There has been much discussion lately regarding so-called stablecoins. But are they really the answer to the general instability of many cryptocurrencies? A recent article in The Guardian suggests that they may ultimately be flawed. ‘Stable’ Coins The price of Bitcoin and other conventional cryptocurrencies can vary by the hour, making them unsuitable as units of account. Whilst many retailers may accept payment in cryptocurrency, nobody in their right mind would price things directly in Bitcoin Read More The post Stablecoins: Retrofitting the Dollar’s Flaws into Cryptocurrency? appeared first on Bitcoinist.com.

CRYPTO: A Micro-Short Bitcoin Horror Film

Thu Sep 13 , 2018 at 07:00:00 UTC

As bitcoinists, we all know how constant cycles of terror and relief can feel a bit like a horror film at times. Writer/director Alex J. Mann has translated that feeling into an actual horror film, and it will only take you a minute and a half to watch. Pop Culture Any crossover between bitcoin and popular culture can only help raise awareness of our favorite cryptocurrency across a wider audience. Though we cringe at many of the awful Read More The post CRYPTO: A Micro-Short Bitcoin Horror Film appeared first on Bitcoinist.com.

Blockchain Beyond Cryptocurrency and What It Could Mean for You

Thu Sep 13 , 2018 at 04:00:00 UTC

We often tell you that blockchain is the future of not just finance, but everything from social media, to shipping, to football. And it’s true that any industry which keeps records (so, any industry then) can benefit from a permanent and immutable ledger. Well, here are three more promising blockchain projects, and what they could mean for the bottom line of crypto prices.  Share It The sharing economy has already revolutionized several industries: from taxis with Read More The post Blockchain Beyond Cryptocurrency and What It Could Mean for You appeared first on Bitcoinist.com.

World’s Longest Running TV Soap Opera Airs Cryptocurrency Storyline

Thu Sep 13 , 2018 at 01:00:00 UTC

UK soap opera, Coronation Street, played its part in raising cryptocurrency awareness this week, with a storyline involving the imaginary ‘WhipCoin’.  Rags to Riches to… Coronation Street is the worlds longest running TV soap opera, with a regular audience of around 8 million. In the programme, Ryan Connor, a semi-regular character since 2006, has gambled away the money he earned DJing in Ibiza. He then remembers investing 50 quid (£50) in WhipCoin several years ago. A quick internet search Read More The post World’s Longest Running TV Soap Opera Airs Cryptocurrency Storyline appeared first on Bitcoinist.com.

Ethereum Classic [ETC] Summit: From IoT to interoperability, blockchain community celebrates innovation

Thu Sep 13 , 2018 at 00:30:00 UTC

<p>12th September was the first day of a significant blockchain gathering that took place at the 2018 Ethereum Classic Summit in Seoul, South Korea. Here, the Director of the Ethereum Classic Cooperative opened the summit wherein he extended his warm welcome to the attendees and delivered a talk titled &#8216;The State of Ethereum&#8217;. He stated [&#8230;]</p> <p>The post <a rel="nofollow" href="https://ambcrypto.com/ethereum-classic-etc-summit-from-iot-to-interoperability-blockchain-community-celebrates-innovation/">Ethereum Classic [ETC] Summit: From IoT to interoperability, blockchain community celebrates innovation</a> appeared first on <a rel="nofollow" href="https://ambcrypto.com">AMBCrypto</a>.</p>

Ethereum Classic [ETC] to be integrated into payment solution: UTRUST

Wed Sep 12 , 2018 at 23:30:00 UTC

<p>On 11th September, UTRUST, a cryptocurrency payment solution announced their collaboration with the Ethereum Classic Dev Team, an autonomous team of software engineers who work on core Ethereum Classic projects. Nuno Correia, the CEO and Co-Founder of UTRUST stated: “Ethereum Classic is one of a select few cryptocurrencies with clear institutional demand.” Nuno Correia further [&#8230;]</p> <p>The post <a rel="nofollow" href="https://ambcrypto.com/ethereum-classic-etc-to-be-integrated-into-payment-solution-utrust/">Ethereum Classic [ETC] to be integrated into payment solution: UTRUST</a> appeared first on <a rel="nofollow" href="https://ambcrypto.com">AMBCrypto</a>.</p>

New Opportunities in the Virtual Goods Market — NAGA VIRTUAL

Wed Sep 12 , 2018 at 23:30:00 UTC

NAGA VIRTUAL provides a comprehensive platform which allows players to monetize the long hours spent playing their favorite games. It enables them to buy, sell and trade items from different games and platforms (PC, Mobile, Console, etc.) among each other. Having taken part in one of the largest gaming events – Gamescom 2018, the team of NAGA VIRTUAL has its sights firmly set on the future.  NAGA VIRTUAL at Gamescom 2018 Gamescom is one of Read More The post New Opportunities in the Virtual Goods Market — NAGA VIRTUAL appeared first on Bitcoinist.com.

Litecoin [LTC] USD markets open on Bittrex; adoption in progress

Wed Sep 12 , 2018 at 22:30:00 UTC

<p>On 12th September, Bittrex, one of the biggest cryptocurrency exchanges in the world extended its support to the 7th largest cryptocurrency, Litecoin [LTC]. Bittrex recently opened the USD market on its platform and started off by pairing USD with several other cryptocurrencies prior to Litecoin, such as Cardano [ADA] and Zcash [ZEC]. In its official [&#8230;]</p> <p>The post <a rel="nofollow" href="https://ambcrypto.com/litecoin-ltc-usd-markets-open-on-bittrex-adoption-in-progress/">Litecoin [LTC] USD markets open on Bittrex; adoption in progress</a> appeared first on <a rel="nofollow" href="https://ambcrypto.com">AMBCrypto</a>.</p>

The Unflippening: Bitcoin’s Resurgent Dominance Showing Who’s King

Wed Sep 12 , 2018 at 22:00:00 UTC

The volatile nature of the cryptocurrency market needs no introduction after its staggering gains in 2017 and subsequent losses of 2018. Looking at the market as a whole, however, gives us a bigger picture of who were the biggest losers and which coins were the best at storing value. Total Market Cap Still 11 Times Bigger Than in 2017 The total cryptocurrency market capitalization hit highs of a staggering $830bn in the week commencing January 7, Read More The post The Unflippening: Bitcoin&#8217;s Resurgent Dominance Showing Who&#8217;s King appeared first on Bitcoinist.com.

Zcash [ZEC] developers provide an insight on the Sapling network upgrade

Wed Sep 12 , 2018 at 21:30:00 UTC

<p>On 11th September, Zcash, a privacy-focused blockchain company, on their official Twitter handle, tweeted the development updates on the upcoming Sapling network upgrade. The announcement read: &#8220;The upcoming Sapling network upgrade includes a new kind of shielded address and a turnstile migration for auditing the shielded monetary supply. Read more about that in our newest [&#8230;]</p> <p>The post <a rel="nofollow" href="https://ambcrypto.com/zcash-zec-developers-provide-an-insight-on-the-sapling-network-upgrade/">Zcash [ZEC] developers provide an insight on the Sapling network upgrade</a> appeared first on <a rel="nofollow" href="https://ambcrypto.com">AMBCrypto</a>.</p>

Tron [TRX] takes another step towards mass adoption with USD markets on Bittrex

Wed Sep 12 , 2018 at 20:30:00 UTC

<p>Bittrex, one of the leading cryptocurrency exchange platform around the globe, announced that they will be opening USD market for Tron [TRX], one of the leading cryptocurrency in the market. The USD pair will be launched on the platform on 17th September 2018. Bittrex announced on Twitter: &#8220;We’re rolling out more USD pairs. On Sep 17 [&#8230;]</p> <p>The post <a rel="nofollow" href="https://ambcrypto.com/tron-trx-takes-another-step-towards-mass-adoption-with-usd-markets-on-bittrex/">Tron [TRX] takes another step towards mass adoption with USD markets on Bittrex</a> appeared first on <a rel="nofollow" href="https://ambcrypto.com">AMBCrypto</a>.</p>

Exclusive: John McAfee says Bitfi hack was a “failed hack attempt” after company removes ‘unhackable’ tag

Wed Sep 12 , 2018 at 19:30:00 UTC

<p>Over the months of July and August, there was a new wallet that raised a lot of eyebrows. The wallet, known as Bitfi, advertised itself as being “unhackable”, thus driving a whole team of security researchers in stripping the wallet’s every component down and compromising its security. John McAfee, the former founder of McAfee Inc. [&#8230;]</p> <p>The post <a rel="nofollow" href="https://ambcrypto.com/exclusive-john-mcafee-says-bitfi-hack-was-a-failed-hack-attempt-after-company-removes-unhackable-tag/">Exclusive: John McAfee says Bitfi hack was a &#8220;failed hack attempt&#8221; after company removes &#8216;unhackable&#8217; tag</a> appeared first on <a rel="nofollow" href="https://ambcrypto.com">AMBCrypto</a>.</p>

SEC Shuts Down Crypto Hedge Fund for ‘Wilfully’ Violating Securities Laws

Wed Sep 12 , 2018 at 19:00:00 UTC

The US Securities and Exchange Commission (SEC) has formally issued a cease and desist order to a cryptocurrency hedge fund for violating securities laws. Under the Gun The SEC has filed a cease and desist order as well as a $200,000 fine to Crypto Asset Management LP (CAM) and to its founder Timothy Enneking, CNBC reports. According to the Commission, the fund which had proclaimed itself as the “first regulated crypto asset fund in the Read More The post SEC Shuts Down Crypto Hedge Fund for &#8216;Wilfully&#8217; Violating Securities Laws appeared first on Bitcoinist.com.

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