Bitcoin Prices Skyrocket to $7200 on Zimbabwean Exchange During Economic Turmoil
According to various reports, the African country of Zimbabwe is suffering from severe economic hardships similar to the inflation and currency crisis in Venezuela. Furthermore, demand for bitcoin is skyrocketing as the country’s only exchange is seeing bitcoin trades at US$6150 per BTC at the time of writing. Also Read: Increased South African Bitcoin Adoption […]
PR: Famous Football Player Hal Robson-Kanu Invests in Sandcoin Project in Russia
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Hal Robson-Kanu, English Premier League and Wales national team player, recently […]
Transnistria Allegedly Seeking Russian Investment to Establish Bitcoin Farms
The unrecognized territory of Transnistria is reported to be seeking investment from Russian mining entrepreneurs to establish bitcoin mining farms, according to Russian news outlet Lenta. The report suggests that the territory hopes to enter the industrial cryptocurrency mining industry. Also Read: Crypto Mining “More Profitable Than Drugs and Arms Trafficking” in Russia Transnistria Is Hoping […]
Markets Update: Bitcoin Prices See Some Uptrend During the Weekend
The price of bitcoin has been trending higher since our last markets update and is currently hovering around the $4,275 – $4,295 zone on September 30 at 11:00 pm EDT. The decentralized cryptocurrency has climbed roughly 2 percent on a daily basis over the course of last week as buyers steadily chew through market resistance. […]
IMF Chief Lagarde Tells Central Bankers: “Not Wise to Dismiss Virtual Currencies”
Christine Lagarde, head of the IMF, warns central bankers that bitcoin is rising. She has told them not to discount digital currencies, because they are gaining more adoption and traction. Lagarde addressed this issue in a conference Friday in London. She said digital currencies might give existing currencies “a run for their money.” Also read: Cayman Investment […]
Australian Securities & Investments Commission Issues Guidance for Initial Coin Offerings
On the 28th September, the Australian Securities & Investments Commission (ASIC) published a document providing regulatory guidance for businesses that may be engaging in operations pertaining to initial coin offerings (ICOs). The release seeks to clarify the circumstances under which different types ICO may be subject to the Corporations Act, and identify the legal requirements […]
The Satoshi Revolution – Chapter 1: A Revolution of Rising Expectations
The Satoshi Revolution: A Revolution of Rising Expectations, Chapter 1 (part 1). by Wendy McElroy Section One: The Trusted Third Party Problem Chapter One: Listening to the Past “The root problem with conventional currency is all the trust that’s required to make it work. The central bank must be trusted not to debase the currency, […]
SEC Charges ‘Real Estate and Diamond’ ICO With Fraud
On September 29th 2017, the U.S. Securities Exchange Commission (SEC) charged an Initial Coin Offering (ICO) operator with fraud. The ICO project in question, REcoin, claimed their token was the “first ever cryptocurrency backed by real estate,” and that they also invested the company’s assets in diamond reserves. Also read: Bitcoin Software Wars: The Case Against […]
Virtual Currencies Expected to be Regulated in China on October 1st
Chinese media outlet Jinse.com has reported that laws governing the use of virtual currencies in China will be enacted on October 1st 2017. Jinse states that Chinese cryptocurrency regulations were incorporated into the nation’s “General Principles of the Civil Law of the People’s Republic of China” legislation, which was voted on and passed on March […]
A Closer Look at the Suspicious Activity Involved With the Bitcoin Gold Fork
Just recently news.Bitcoin.com reported on a planned hard fork on the Bitcoin network slated for October 25 called Bitcoin Gold (BTG). There’s a lot of controversy surrounding this fork as the BTG team is very unorganized and the project is also tied to those perpetuating the NO2x movement. Also read: Another Fork? Bitcoin Gold Project Plans […]
