Cryptocurrency Adoption Is Highest In These 5 Countries
When we think of cryptocurrency adoption, we often assume that South Korea, Japan, or the United States take the lead. Not so, according to the latest results from Statista.
IEOs Raise Half a Billion, Keep Fundraising Alive for Blockchain Startups
There’s a new fundraising sheriff in town in the maturing cryptocurrency space. While initial coin offerings (ICOs) were all the rage during the last bitcoin bull run, initial exchange offerings, or IEOs, have muscled them out of the way. If it weren’t IEOs, the market would have likely found another mechanism, but these appear to be the deal of choice for now.
Japan’s Crypto Traders May Face Closer Scrutiny Over Tax Avoidance
Japanese tax authorities are planning to take action on the under-reporting of cryptocurrency-based profits.
Top 6 Cryptocurrency Exit Scams
Every time money is involved in any business model or project, there is a good chance an exit scam will occur sooner or later. In the cryptocurrency industry, such exit scams are a lot more common than one might think.
SEC Commissioner Hester Peirce Concerned Crypto Industry Hindered by Regulatory Delays
United States regulator and so-called “crypto mom” Hester Peirce gave remarks in which she expressed fears that the cryptocurrency industry has been hindered by the Securities and Exchange Commission (SEC) dragging its heels. Peirce spoke at the Securities Enforcement Forum in East Palo Alto, California on May 9.
Bitcoin [BTC] may have a royal fan; Prince Charles tips his hat to blockchain and cryptocurrency
Bitcoin may be the best performing financial asset in 2018, Bitcoin may have seen a massive 50 percent growth in 2019 alone, Bitcoin may have broken multiple resistance levels, entered the Golden Cross and initiated its bull run, but it certainly doesn’t compare to this.
ICO is on the brink: what is killing the cryptocurrency crowdfunding
Since the beginning of 2018 a significant crisis has existed in the ICO market. The amount of funding being raised has fallen by almost 90%; regulators around the world are on the lookout for crypto startups; and experts are calling this market a “dead” one.
Crypto Crime May Have Cost Sector $1.2 Billion in Q1, Says Report
Losses arising from cryptocurrency hacks and fraud may have reached as high as $1.2 billion in the first quarter of the year, new research from blockchain analytics firm CipherTrace suggests.
Top 5 Blockchain & Cryptocurrency-Friendly European Nations
Innovative technology giant countries such as Malta, Italy, Switzerland, Denmark, and Estonia, are in the top 5 European nations which are friendly to blockchain, Bitcoin and other cryptocurrencies, and have acknowledged the importance of creating a cryptocurrency focused economy. Nevertheless, forming, registering and operating a cryptocurrency firm, how much good the ground is levelled, the crypto businesses in the continent still experience serious problems.
Yelp Adds “Accepts Cryptocurrency Payment” Filter
Business search service Yelp now offers a filter that narrows down results to those that accept payment in cryptocurrency, Redditors noticed yesterday.
Blockchain Payments Firm Bitspark Releases Stablecoin Pegged to Philippine Peso
Payments services firm Bitspark is releasing a cryptocurrency pegged to the Philippine peso (PHP). The development was announced in a press release shared with Cointelegraph on April 25.
Bitcoin Price Volatility Soars 200% In April
Bitcoin price volatility has tripled over the past 30 days as BTC/USD has made an impressive push above the $5,000 mark. At the same time, overall volatility is actually in decline as Bitcoin adoption spreads.
At the upcoming bull rally, Bitcoin (BTC) capitalization will exceed $ 1 trillion
Chris Berniske, who previously led cryptocurrency investments in ARK Invest and is now a partner in Placeholder, a $ 150 million asset management venture fund, said that Bitcoin's market capitalization will exceed $ 1 trillion.
Chilean Government Introduces New Cryptocurrency and Fintech Regulation Bill to Congress
The Minister of Finance of the Chilean government Felipe Larraín announced the introduction of a bill regulating cryptocurrencies and fintech to Congress, Cointelegraph Spain reported on April 15.
Cryptocurrency Bear Market Waning, Going Through Accumulation Phase, Says Report
The cryptocurrency bear market is winding down and is in its final stage, the accumulation phase, according to a report from digital assets fund Adamant Capital published on April 18.
Chinese Company Lost $23 Million Allegedly Mining Cryptocurrency In Secret
Huatie HengAn, a subsidiary of Huatie has been sold for $2 million. Reports indicate that the company’s value plunged by about 90 percent from an initial valuation of $25 million, all in the space of one year.
Anatoliy Wasserman explained what is wrong with cryptocurrencies
“Cryptocurrencies have a lot of problems, and at the moment they are only a means of exchange speculation.” believes Anatoly Wasserman, a journalist and economic analyst.
Japan to require crypto exchanges to bolster internal oversight
Japan’s financial regulator will require cryptocurrency exchanges to strengthen internal oversight of the so-called “cold wallets” used to store digital money, a source with direct knowledge of the matter told Reuters on Tuesday.
Institutional investors rely on a select group of data providers
As countless startups enter the cryptocurrency market data space, The TRADE Crypto finds that institutional investors rely on a select group.
Romanian cybercriminals convicted on 21 counts of fraud
On April 11, the United States Department of Justice announced that they had convicted two Romanian cybercriminals on 21 counts of computer and wire fraud. The two were convicted of spreading malware which infected over 400,000 computers, allowing them to steal credit card information as well as to use those computers to illegally mine for cryptocurrency according to the DOJ.