Bitcoin Briefly Drops to $9,000: Factors Behind the Decline

On March 8, the price of bitcoin dropped to $9,000, after reaching $11,000 merely 48 hours ago. Analysts have attributed three major factors to the decline in the price of bitcoin: Mt. Gox sell off, SEC announcement, penalization of Japanese exchanges. Mt. Gox Trustee Sell-Off According to the official document released by the Mt. Gox […]

Mexican Youtuber Arrested Over Bitcoin Ransom Kidnap

A motivational Youtuber from Mexico has been arrested over the alleged kidnapping of Thania Denisse, a 33-year-old lawyer. Germán Loera is thought to have led a gang of five to kidnap the woman. The group are also reported to have demanded the ransom be paid in Bitcoin. Kidnapper has Scant History of Bitcoin Involvement Loera has […]

Japan Toughens Oversight, Penalizes Cryptocurrency Exchanges

In its most sweeping crackdown yet, a Japanese regulator has penalized seven cryptocurrency exchanges, requiring two to halt operations for one month. Japan’s Financial Services Agency (FSA) announced today, March 8, 2018, that it came down on the exchanges due to their failure to provide proper internal-control systems. All of the exchanges were ordered to […]

Monetising Personal Data Is Easy, Turning It Into High-Value Analytics Is Biotron

Several brands already help users to monetise and control their raw personal data thanks to blockchain technology and cryptocurrency. However, only Biotron turns personal data into high-value analytics products that deliver more value for customers, better returns for users, and drive innovation. Personal data is a commodity and data exchange products offer a valuable service. […]

Overstock Ups Investment in Bitt, Furthering Digital Currency Issuance by Central Banks

Today, Overstock’s Medici Ventures doubled down on its investment in the realm of digital currency for central banks. The additional $3 million dollar investment in  Caribbean blockchain-based digital payment provider Bitt.com signals a reaffirmation of Overstock and Medici’s belief in the ability of digital currencies to become the de facto means of payment transactions. Medici […]

ePRX 1:1 Airdrop to eBTC Holders

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Binance CEO: All Irregular Trades Reversed, Hackers Lost Coins

Binance CEO Changpeng Zhao has claimed all fraudulent trades that occurred on Wednesday have been reversed. Suspicions were high earlier this week regarding strange occurrences on the Binance exchange. Multiple users took to Reddit to express concern at highly unusual unauthorized trades happening on their accounts. Clarification has come today with an official release from the […]

MyEtherWallet Review: Is This Web Wallet Secure Enough for Your Ether?

The post MyEtherWallet Review: Is This Web Wallet Secure Enough for Your Ether? appeared first on 99 Bitcoins. MyEtherWallet (MEW) is a free and open-source client-side interface for Ethereum. This means you can use it to directly interact with the Ethereum blockchain via a web browser. Launched in 2015 by Taylor Monahan and Kosala Hemachandra, […]

Kenya’s Government Task Force to Explore Blockchains for Land and Education

Private companies, as well as national and local governments, have all caught media attention for announcing some kind of investigation or at least interest in the blockchain. Of course, one of the most notorious examples of this was Long Island Iced Tea Corporation’s pivot to Long Island Blockchain Corporation. On February 28, 2018, the Kenyan […]

Could Plattsburgh, New York Be The First to Ban Cryptocurrency Mining?

Authorities in a city in the state of New York are considering taking action against cryptocurrency mining. Plattsburgh attracts commercial miners thanks to their cheap power supplies. However, officials there believe the drain the activity places on the grid could be unfairly increasing the cost to other citizens of the city. Cheap Hydroelectricity Limited in […]