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    Bitcoin News

  • Japanese Internet Giant GMO Postpones Shipments of 7nm Bitcoin Mining Equipment
    Japan’s GMO Internet has postponed the shipments of its two lines of 7nm bitcoin mining rigs. A representative of the company has clarified the situation to news.Bitcoin.com, noting that some refunds have already been issued. In addition, the company is planning to relocate its mining operations. Also read: Yahoo! Japan Confirms... Read more »
  • Bitcoin Group SE Buys Investment Bank Tremmel for Undisclosed Figure
    Bitcoin Group SE has bought 100 percent shares of investment bank Tremmel for an undisclosed amount. This is the German digital currency exchange operator’s second acquisition in 2018. Bitcoin Group, which holds current assets of $40 million, said Tremmel allows it to issue its own cryptocurrency-related products, conduct proprietary trading... Read more »
  • Regulations Roundup: Chinese Mining Farms Undergo Tax Inspection, Michigan Bans Campaign Donations in Cryptocurrency
    In recent regulatory news, we report on an authorized mining company in China that has had its operations temporarily halted for tax inspection and implementation of real-name registration processes. We also look at the Michigan Secretary of State’s ban on crypto-based political donations, as well as the recent certification of X8’s stablecoin... Read more »
  • Markets Update: Bitcoin Cash Price Rally Stalls but Trade Volume Spikes Hard
    There are less than two days left until the Bitcoin Cash (BCH) network faces a contentious hard fork and BCH markets are showing some unusual activity. They are being driven by heavy trading volumes that have doubled in the last two days, while BCH/USD short positions on Bitfinex have touched... Read more »
  • Digital Bank Revolut Surpasses 3 Million Customers
    U.K. startup Revolut has announced that its customer base has surpassed three million users. The fintech platform, which has quickly become a viable online alternative to traditional banking, was established in 2015. It currently offers payment and exchange services for a growing number of fiat currencies and cryptocurrencies. Also... Read more »
  • The Daily: Coffee Company to Pay Farmers in Bitcoin, Bitfury’s Latest Investment
    In today’s edition of The Daily, we feature an upcoming bitcoin cash token backed by physical diamonds and an American coffee company that has decided to add cryptocurrencies to its payment options. Additionally, we look at a public mining company that may get a dual listing in Canada, as well... Read more »

    CCN

  • Ethereum is a Few Years from ‘Profound Decentralization’ — But That’s OK: Co-Founder Joseph Lubin
    Blockchain technology will power a monumental shift in society from a “scarcity to an abundance mindset.” These were the words of Ethereum co-founder Joseph Lubin speaking last week at the Web Summit in Lisbon, Portugal. Lubin’s Blockchain Impact Theory Delivering his keynote address at the event, Lubin, who is also... Read more »
  • No Coins for You! Michigan Bans Crypto Donations for Political Campaigns
    Michigan’s campaign finance board has formally indicated that campaign donations made using cryptocurrency are not allowed in the state. In a November 8 letter addressed to Michigan state legislature candidate William Baker, who earlier made an inquiry on the issue before losing in the recent mid-term elections, the Michigan Department... Read more »
  • Twitter: Bitcoin Scammers Hack Retail Giant Target’s Verified Account
    A number of high profile, verified Twitter accounts including retail giant Target and The Body Shop were hacked in what appears to be a coordinated campaign to promote yet another iteration of the now-ubiquitous crypto giveaway scam. A series of tweets by verified Twitter handles endorsing the bitcoin giveaway scam were... Read more »
  • Ripple CEO Brad Garlinghouse: We’re Not Partnering with SWIFT — We’re Taking Them Over
    Ripple CEO Brad Garlinghouse went on Bloomberg TV for an interview about the usefulness of his company’s technology and told the interviewer that “any digital asset in the long-term is going to be valued based upon the problems it’s solving.” Garlinghouse: SWIFT’s Customers Think Blockchain Has Promise Ripple is widely... Read more »
  • Bitcoin Price Decline Will Persist until Mid-2019: Crypto Analyst Willy Woo
    When the bitcoin price flatlined near $6,500 in mid-October, many crypto analysts predicted that the bears had finally become winded following a market downturn that has persisted for nearly a year and that the market could be primed for a December rally. However, technical analyst and trader Willy Woo does... Read more »
  • Claim: Crypto Exchange Lost $500,000 Due to AurumCoin 51% Attack
    A little-known cryptocurrency called AurumCoin (AU) has claimed that it was hit by 51 percent attack, and crypto exchange Cryptopia, where the cryptocurrency is listed, lost 15,752.26 AU (approx. $550,000 at the time of writing this article). However, the cryptocurrency has shifted the blame on Cryptopia. On AurumCoin’s website, it has... Read more »

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