Indian Bitcoin Exchange Unocoin Raises a Record $1.5 Million in Funding

Indian bitcoin exchange Unocoin has raised $1.5 million in a Pre Series-A funding round, the highest amount raised for any digital currency venture in the country. Unocoin, an Indian bitcoin startup that offers a trading platform for Indian customers to buy, sell and store bitcoins has raised a record $1.5 million in a round of funding, […]

OneCoin Responds to FCA Warning and Police Investigation

The recent warning issued by the Financial Conduct Authority of the United Kingdom against OneCoin has elicited a response from the company. OneCoin Limited, the company responsible for operating and maintaining the centralized digital currency has expressed its disappointment with the recent developments. The company in its latest release states that the FCA has issued […]

Decentralized Sports Platform FirstBlood Raises 465,312.00 ETH, Set To Improve eSports

FirstBlood, an Ethereum-based, decentralized sports platform based on smart contracts, has raised 465,312.999 ETH in a crowdsale. The FirstBlood app allows eSports fans to compete in games through an automated, decentralized platform. The proceeds from the crowdsale, which lasts through October 24, 2016, will cover the development, release and operation of the decentralized sports platform. […]

Europol Cites Bitcoin, Darknet as Enhancing Cybercrime

Cryptocurrencies, specifically Bitcoin, remain the currency of choice for much of cybercrime, Europol’s Internet Organised Crime Threat Assessment (IOCTA) 2016 report says, adding that whether it is used as payment for criminal services or for receiving payments from extortion victims. Even so, key members of the Bitcoin community, such as exchangers, are increasingly finding themselves […]

Bitcoin Price Watch; Our Take On The Late US Session

So that’s it for another session in the bitcoin price. Things have been pretty wild all week, but there haven’t been too many opportunities to get in to the market other than on short, scalp breakout entries. We’re looking for some degree of sustained action so that we can get into a longer term trade, […]

MMM Global Ponzi Scheme Now Infects Nigerian Investors

Over the past few years, people across the world have been getting emails from “Nigerian princes”. These self-proclaimed royals promise riches in return for a small deposit. But overall, they were a scam even a child could tell. Replacing the Nigerian princes in latest events is MMM Global, a company that has notoriously conned people off […]

Ethereum vs Ethereum: Which Is the Ship of Theseus?

Imagine this scenario: Tom owes you money. Years later, Tom clones himself and claims the clone to be the real Tom, trying to write off all his debt to you. Tom the clone looks just like the original Tom, except for the memory. He doesn’t know you at all, let alone the debt. This would […]

Understanding Soft Forks: A Core Developer’s View on Network Monopoly

Since the beginning of the development of Segregated Witness, an increasing number of alternative Bitcoin hard fork supporters have criticized the implementation process of soft forks on Bitcoin Core, claiming that Core developers have a complete monopoly over the process. Former Bitcoin Core developer Jeff Garzik and Ethereum co-founder Vitalik Buterin particularly stated that proposed […]