Over 100 Chinese Altcoins Under Investigation For Fraud

Over 100 Chinese Altcoins Under Investigation For Fraud

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One hundred and seven so-called "knock-off" altcoins are under investigation for financial crimes according to reports from Xinhua news, the official press agency of the Chinese Communist Party. Chinese authorities claim that these altcoins coins represent fraudulent Ponzi schemes desi ...
Financial Powerhouses Unhappy With New Bitcoin Futures Contracts

Financial Powerhouses Unhappy With New Bitcoin Futures Contracts

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It seemed as if the upcoming bitcoin futures contracts offered something for everyone. Bulls were happy at a move which seemed to grant the asset mainstream legitimacy while bears finally had a market where they could be bearish. However, one group is considerably less impressed, the fin ...
Russia to Legalize Buying Bitcoin, Though Mining Could be a Different Story

Russia to Legalize Buying Bitcoin, Though Mining Could be a Different Story

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Russia has confirmed that buying cryptocurrencies will be legal in the country. Russian authorities are working on legislation to cover all aspects of the crypto space, including ICOs, currency trading and mining. Vladimir Putin has instructed legislators to have everything ready by summ ...
CryptoKitties Clog Ethereum’s Network, Create Headaches for All Involved

CryptoKitties Clog Ethereum’s Network, Create Headaches for All Involved

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An army of digital furballs have laid siege to ethereum’s blockchain in the form of the game CryptoKitties.  The feline frenzy is the brainchild of Axion Zen, a Canadian creative venture firm. Built on ethereum’s blockchain, the gaming platform is the first of its kind.  Kittens are dis ...
Hackers Steal $70 Million From NiceHash Mining Pool

Hackers Steal $70 Million From NiceHash Mining Pool

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Hackers have compromised cryptocurrency mining platform NiceHash and cleared out users’ bitcoin balances. NiceHash’s marketing head Andrej P. Škraba confirmed to Reuters that around 4,700 bitcoin had been taken, worth more than $70 million at current prices. Initially NiceHash claimed ...
Bitcoin Past $14,000

Bitcoin Past $14,000

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It used to take bitcoin months to go up $1000. Now it’s taking hours. Just as everyone was getting used to the price hitting $13,000, it went above $14,000. Yesterday’s $2,500 gain was the biggest single day rise the currency has ever seen. Various explanations have been put forward to ...
Steam Stops Accepting Bitcoin, High Fees, Price Swings to Blame

Steam Stops Accepting Bitcoin, High Fees, Price Swings to Blame

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The popular video game marketplace Steam will stop accepting bitcoin as a form of payment on their purchasing platform. On the morning of December 6th, the company announced the news on its website’s public forum, stating the change will be effective immediately. Steam first began accep ...
Revolut Brings Cryptocurrency Trading to Mobile Banking

Revolut Brings Cryptocurrency Trading to Mobile Banking

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Fintech startup Revolut have announced that users of its popular mobile banking app will be able to trade bitcoin, ether and litecoin from Thursday this week. They already offered fee free transfers between 25 world fiat currencies but according to CEO Nikolay Storonsky, “cryptocurrency ...
IOTA Breaks $5, Overtakes Ripple

IOTA Breaks $5, Overtakes Ripple

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IOTA has overtaken ripple to become the world’s fourth biggest cryptocurrency by market cap. While investors have been preoccupied with bitcoin’s dramatic price rises this year IOTA has been exploding. By yesterday it had risen 900% in a month. In the last 24 hours it passed $3 for the f ...
Monero Hits Record Highs, and Now You Can Use it To Buy Mariah Carey Songs

Monero Hits Record Highs, and Now You Can Use it To Buy Mariah Carey Songs

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Monero has hit $290, smashing its previous $210 high. Best known as perhaps the most privacy-focused of the cryptocurrencies, recent news events have increased public awareness and demand. Though part of its price increase is surely down to the media coverage of bitcoin educating the p ...

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