Category Archives: News

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Coinbase Suspends WikiLeaks Shop for Terms of Service Violation

Coinbase Suspends WikiLeaks Shop for Terms of Service ViolationIn one fell swoop, US-based cryptocurrency trading platform Coinbase has blocked WikiLeaks Shop from transacting on the exchange. As a result, Coinbase “can no longer process brokerage orders via their banking relationship,” according to a letter sent to WikiLeaks that was published in Gateway Pundit. According to WikiLeaks… Read More »

Free Crypto Trading App Robinhood Launches in Colorado with Bitcoin, Ethereum

Free Crypto Trading App Robinhood Launches in Colorado with Bitcoin, EthereumThe competitive landscape for cryptocurrencies is heating up in the United States. Zero-commission startup exchange Robinhood just announced on Twitter its expansion into Colorado. The trading platform unveiled commision-free trading for leading cryptocurrencies bitcoin and Ethereum in the western state. In addition to cryptocurrencies, the… Read More »

Bolivar to Bitcoin Trading Surpasses a Record $1 Million per Day

Bolivar to Bitcoin Trading Surpasses a Record $1 Million per DayVenezuela’s economic situation has been steadily declining in the past few years, bringing Venezuelans to turn to cryptocurrencies. According to VeneBloc data, the bolivar-to-bitcoin market recently reached a new record, as the equivalent of $1.009 million in bolivars were exchanged for bitcoin on April 17.… Read More »

Wall Street Veteran Likens Cryptocurrencies to Candy Crush Game Currency

Wall Street Veteran Likens Cryptocurrencies to Candy Crush Game CurrencyRichard Bernstein isn’t building any bridges with the cryptocurrency community. The head of the Wall Street research firm that bears his name said in a note to clients today that there’s little difference between cryptocurrencies and the virtual currencies you earn with internet games like Candy… Read More »

Price-Stable Cryptocurrency Project ‘Basis’ Raises $133 Million in Funding

Price-Stable Cryptocurrency Project ‘Basis’ Raises $133 Million in FundingBasis, formerly Basecoin, has raised $133 million in a private placement, chief executive Nader Al-Naji revealed today. The Hoboken, N.J.-based project plans to create a stable cryptocurrency with an algorithmic central bank that will keep the price stable, something that has eluded cryptocurrency to date and limited… Read More »

Crypto Investment Firm Founder Turns Bullish on Bitcoin Cash

Crypto Investment Firm Founder Turns Bullish on Bitcoin CashWith all of the attention on the movements in the bitcoin price, now could be the time to get your hands on BTC spinoff Bitcoin Cash, one trader says. Brian Kelly, founder of Investment firm BKCM, tells CNBC the technical signs including a possible breakout are pointing to an opportunity in Bitcoin… Read More »

Data Firm at Center of Facebook Controversy Planned $30 Million ICO: Report

Data Firm at Center of Facebook Controversy Planned $30 Million ICO: ReportCambridge Analytica, a British data analytics firm, was planning to raise as much as $30 million by issuing a new cryptocurrency through an ICO before it got swept up in a scandal surrounding the misuse of Facebook Inc. personal data, sources familiar with the… Read More »

Venezuela’s Bolivar Sees 454% Inflation in Q1 as Maduro Hawks the Petro

Venezuela’s Bolivar Sees 454% Inflation in Q1 as Maduro Hawks the PetroRunaway inflation continues to devalue the Venezuelan Bolivar (VEB), even as the country’s authoritarian government seeks to divert attention from the floundering economy by hawking its “Petro” cryptocurrency. According to Reuters, prices in Venezuela rose by 454 percent during the first quarter of 2018… Read More »

Pipe Dream: Analysts Mull Natural Gas-Powered Bitcoin Mining Operation

Pipe Dream: Analysts Mull Natural Gas-Powered Bitcoin Mining OperationA group of Wall Street analysts has a unique idea to allow shale producers in Texa’s oil-rich Permian Basin to profit from the massive amount of natural gas that is currently being wasted as a result of shale extraction: harness it to power a Bitcoin mining operation.… Read More »