While the holiday spirit was in full swing over the past week, the crypto industry maintained its unrelenting drive for growth and adoption. The Litecoin Foundation divulged a sponsorship with the UFC, while Bitcoin’s Lightning Network continued to swell. However, it hasn’t been all sunshine and rainbows, as the Electrum Wallet came under attack, while […]
Fixing crypto Twitter starts with following positive examples – and a recognition of the problem.
For investors whose first time investing in bitcoin was in 2018 or after late 2017, there is a high likelihood that they have incurred substantial losses for the fiscal year of 2018 if they haven’t sold yet. On December 17, 2017, bitcoin hit an all-time high at over $19,000. Thereafter, it has fallen over 80 […]
A bitcoin miner in Taiwan was arrested and charged for mining 100 million yuan (roughly $14.5 million) in crypto using NT$100 million (or $3.2 million) in stolen electricity. The man, whose surname is Yang, is accused of operating 17 illegal cryptocurrency mining centers using fake storefronts across Taiwan. The bootleg mines were located in the […]
Zachary Fallon and James Blakemore are securities law attorneys who lead Ketsal Consulting, a strategic advisory firm focused on blockchain compliance. The following is an exclusive contribution to CoinDesk’s 2018 Year in Review. If the top cryptocurrency story of 2018 was the arrival of winter, a close and inextricably intertwined second was regulatory oversight. The regulators are in […]
India could be making a U-turn on its directives for cryptocurrencies. Per reports from the New India Express, a second interdisciplinary committee set up by the Indian government is considering making cryptocurrencies legal in the country again but with more stringent rules. This revelation comes just a few months after a government panel suggested the […]
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Christmas came late for the bears, but Santa didn’t fail to deliver. Nearly all of the top cryptocurrencies stumbled by multiple percentage points, everything from Bitcoin down to Zcash. Unsurprising, demand for stablecoins rose and they were trading at a slight premium. Bitcoin Loses Over 4% Over 24 Hours When the Bitcoin price is as […]
Following the recent period of volatility in the cryptocurrency markets, Bitcoin has found support around $3,800, and has led the overall cryptocurrency markets to trade sideways. The crypto market’s stability over the past couple of days comes amidst major volatility in the traditional equities markets. At the time of writing, Bitcoin is trading up marginally at […]
Luís Augusto Schiavon Ramos, known as Guto Schiavon, the founder of one of Brazil’s largest bitcoin exchanges, was killed in a car accident in Sao Paulo. A report by local Brazilian news outlet revealed that the accident happened after Schiavon lost control of his vehicle in the rain, before hitting a cargo truck. Prior to […]