Coinbase Uses Crypto Winter to Expand – Acquires Decentralized Wallet Startup

Crypto winter? What crypto winter! The exchange arguably most responsible for onboarding bitcoin investors, Coinbase, has not allowed sour price levels to keep them complacent, conservative. Instead, they’ve maintained a breakneck pace, forming a venture capital fund, hiring top executive talent, and now they’re gobbling up competitors such as Cipher Browser. Also read: Russian Court Bans[…]

Wendy McElroy on Decentralization: “Give Power Back to the Individual”

The Satoshi Revolution: A Revolution of Rising Expectations. Section 2 : The Moral Imperative of Privacy Chapter 7: Decentralization Decentralization (Chapter 7, Part 1) A lot of people automatically dismiss e-currency as a lost cause because of all the companies that failed since the 1990’s. I hope it’s obvious it was only the centrally controlled[…]

Russian Court Bans Telegram, Founder Pavel Durov Defiant

Russian security services ordered Telegram to hand over access to encrypted user messages, but the messaging application (app) refused. Founder Pavel Durov didn’t bother to send lawyers to Moscow’s Tagansky court in response, and the court dutifully ruled against his company, taking less than 20 minutes in decreeing an immediate ban. Also read: CBS’s NCIS Los[…]

Vietnam’s Prime Minister Directs Central Bank to Strengthen Cryptocurrency Framework

The Prime Minister of Vietnam has signed a directive for the country’s central bank and the Ministry of Finance to strengthen the management of cryptocurrency-related activities. This follows an alleged fraud involving a cryptocurrency that scammed 32,000 Vietnamese out of VNĐ15 trillion. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Prime Minister’s[…]

P2P Trade Spikes in Canada Amid Bank Restrictions on Crypto Transactions

The volume of P2P bitcoin trade in Canadian dollars has increased significantly since leading banks in the country imposed bans on crypto-related transactions. Toronto-Dominion Bank, the Royal Bank of Canada, and more recently the Bank of Montreal have limited or prohibited the use of their services and products to acquire cryptocurrencies. As a result, the[…]

Hydro-Quebec Considers Halting Mining Operations During Winter

The migration of cryptocurrency miners to hydro-power abundant Quebec has been received cautiously lately, following an initial period over-exuberance on the part of local officials. The future for Quebec’s mining industry has since encountered a number of hurdles, from the province’s ability to supply power during the dry winter season to the often overlooked environmental[…]

Indian Crypto Exchanges Strategize to Challenge RBI Crackdown

Indian crypto exchanges are devising strategies to challenge and respond to the Reserve Bank of India’s order to prohibit banks from servicing businesses dealing in cryptocurrencies. talked to Sathvik Vishwanath, CEO of a leading Indian exchange Unocoin, to find out more details. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Going International[…]

Bithumb’s Revenue Last Year Jumps 171-Fold Compared to 2016

According to local reports, the South Korean exchange Bithumb has released the firm’s 2017 revenue and the exchange made 171 times more than the previous year. Also read: Japan Revises Registration Rules for Cryptocurrency Exchanges Bithumb’s revenue has increased 171-fold One of South Korea’s largest digital asset trading platforms has seen an increase in revenue that[…]

Bittrex Exchange is Back! Annnnnnd It’s Gone Again

After nearly four months of being purposefully offline, popular crypto exchange Bittrex announced its reboot, complete with a new website. Within an hour, the company had to once again cease onboarding customers. Also read: Bitgrail’s $170M Hack Continues to Provide Drama Bittrex Reemerges Bittrex CEO Bill Shihara explained, “We’ve spent the past four years building[…]