Venezuela Named Cheapest Country to Mine Crypto as El Petro is Launched

Venezuela Named Cheapest Country to Mine Crypto as El Petro is Launched

As president, Nicolas Maduro rolls out the El Petro ICO, Venezuela is named the cheapest country in the world to mine Bitcoin. But is it also the most expensive place to live? The manual for the first 82.4 million units of the Venezuelan cryptocurrency, El Petro was made available for download in multiple languages yesterday to […]

Read More
Italy Completes Consultations on Registration of Crypto Companies

Italy Completes Consultations on Registration of Crypto Companies

Regulation Public consultations on a new regulatory regime for crypto companies in Italy are now closed. Interested parties were invited by the Ministry of Economy and Finance to share suggestions and comments on a draft decree introducing registration and reporting requirements in the sector. The new set of rules will come into force within 3 […]

Read More
Crypto Mining Craze Creates Global GPU Shortage

Crypto Mining Craze Creates Global GPU Shortage

The cryptocurrency bull run of 2017 attracted multitudes of investors looking to get rich quick but it also created a mining boom that has resulted in a worldwide shortage of computer components. Miners Plunder Singapore, Hong Kong For Cheap Rigs Scores of miners from around the world come to the electronics bazaars in Asia to buy […]

Read More
SBI Doesn’t Ban Credit Card Crypto Purchases Despite Issuing Warning

SBI Doesn’t Ban Credit Card Crypto Purchases Despite Issuing Warning

Finance SBI Cards & Payments Services Pvt. Ltd, the second largest issuer of credit cards in India, has warned customers of the risks associated with cryptocurrencies. Despite the warning, the company did not move to ban its customers from purchasing bitcoin and other virtual currencies using SBI issued credit cards. Also Read: Indians Look to Buy […]

Read More
Common Crypto Scams and How To Avoid Them

Common Crypto Scams and How To Avoid Them

The cryptocurrency space possesses two qualities that make it the ideal environment for scams. Firstly, there is no shortage of legitimate anecdotes about people who have enjoyed immense wealth courtesy of early digital currency investments. The proliferation of such tales provides the perfect backdrop for a “get rich quick” scheme. Secondly, since the technology is […]

Read More
US Lawmakers Eye National Crypto Regulation

US Lawmakers Eye National Crypto Regulation

Featured Gun control? Russia? Health care? Members of the US House of Representatives and Senate in both parties tend to differ, and often vehemently. Similar to issues of national security and war, however, it appears cryptocurrency regulation is decidedly less divisive. Both traditionally pro-market Republicans and open-minded Democrats are producing bipartisan rhetoric in support of […]

Read More
South Korean Crypto Regulation Official Found Dead

South Korean Crypto Regulation Official Found Dead

Jung Ki-joon, head of South Korea’s Economic Policy Coordination Office, was found dead on Sunday in his home, the Wall Street Journal reported, citing a government spokesperson. Jung, who was 52 years old, may have suffered a heart attack while sleeping. However, the precise cause of death will become known when the coroner’s office delivers […]

Read More
Markets Update: Bullish Sentiment Returns to Crypto Markets

Markets Update: Bullish Sentiment Returns to Crypto Markets

Market Updates Cryptocurrency markets have been accumulating gains again after the significant dips in value during the first two months of 2018. BTC/USD prices are holding steady above the $11,450 price range after bouncing off the $5,900 bottom not too long ago. Digital asset enthusiasts speculate the market is starting to show strong bullish sentiment […]

Read More
This Bond Market Could Get Uglier

Venezuela Is Jumping Into the Crypto Craze

It was a surreal scene in an increasingly surreal country. Three prominent cryptocurrency proponents turned up at a forum at Venezuela’s central bank in late December, extolling the virtues of digital tokens as a way for the beleaguered country to fix its broken economy. Even for a government known for magical thinking, the idea was pretty […]

Read More
Floor Found? Strong Volumes Push Bitcoin Above $8K

Crypto Index Fund Bitwise Delivers 45% Return in First Two Months

Finance These days more players on Wall Street are adopting bitcoin as a new vehicle that can potentially deliver amazing growth opportunities, and traditional investors are reaping the benefits. An index fund operated by Bitwise, for example, has delivered a 45% return in its first two months. Also Read: Cryptocurrency Regulator Found Dead at His […]

Read More
Japanese Crypto Exchanges Tap Star Power for Marketing Arms Race

Japanese Crypto Exchanges Tap Star Power for Marketing Arms Race

Featured Japanese cryptocurrency exchanges have been very active in advertising their services. Several exchanges including Bitflyer, DMM Bitcoin, Tech Bureau’s Zaif and the hacked exchange Coincheck have been tapping into star power and launching TV commercials with original music. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Japanese Exchanges’ TV Commercials Actress in Zaif’s […]

Read More
Rural Russia Prepares to Attract Crypto Loans

Rural Russia Prepares to Attract Crypto Loans

Finance A proposal was presented at the Russian Expert Council for Non-Bank Credit Organizations to allow rural businesses in the country to receive crypto loans to attract funds from abroad. The chairman of the council, a State Duma member, is asking rural credit cooperatives to study and educate rural residents on cryptocurrency. Also read: Indians Look […]

Read More
Spain Mulls Tax Breaks for Blockchain and Crypto Firms

Spain Mulls Tax Breaks for Blockchain and Crypto Firms

Taxes Proposals to introduce tax exemptions for companies using blockchain technologies and cryptocurrency have been put on the table in Spain. The ruling People’s Party is preparing new legislation that will also offer incentives to entrepreneurs raising funds through ICOs. If lawmakers adopt the amendments, investors will not be required to report crypto assets under […]

Read More
Harnessing the Full Potential of the $600 Billion Crypto Network

Harnessing the Full Potential of the $600 Billion Crypto Network

Creditcoin makes crypto-lending and investments accessible to the masses, cuts the red-tape. Two FinTech firms have come together to make it easy to navigate the crypto world. These two companies plan to launch Creditcoin, which will operate across blockchains in the P2P lending market. The Gluwa platform, to be powered by Creditcoin, will address the […]

Read More
Phone Numbers Becoming Backdoor to Crypto Accounts

Phone Numbers Becoming Backdoor to Crypto Accounts

Hackers have discovered that the easiest and most direct way to steal cryptocurrency is to first steal phone numbers. Hijacked phone numbers are used to drain crypto accounts A growing number of online crimes begin with hackers persuading cellular phone companies to transfer a victim’s number to a device of their own. In many cases this […]

Read More
$100,000 Bounty Available to Crypto Pump-and-Dump Whistleblowers

CFTC Offers $100,000 Bounty to Crypto Pump-and-Dump Whistleblowers

Featured The US Commodity Futures Trading Commission (CFTC) has created a bounty to encourage whistleblowers coming forward in exposing “pump-and-dump” schemes. “Customers should not purchase virtual currencies, digital coins,” the CFTC warned, “or tokens based on social media tips or sudden price spikes. Thoroughly research virtual currencies, digital coins, tokens, and the companies or entities […]

Read More
Malta to Give “Peace of Mind” to Crypto Companies

Malta to Give “Peace of Mind” to Crypto Companies

Economy & Regulation The government of Malta has come up with an idea that businesses dealing with cryptocurrencies may find interesting. A new policy document seeks to set up a special agency which will “certify” blockchain platforms and “verify” crypto transactions. It is supposed to “bring peace of mind” to companies using these technologies to […]

Read More

The Crypto coin Francs (FRN) raised $0.0073 on February 16-17

February 17, 2018 – By Migdalia James It was good day for Francs (FRN), as it jumped by $0.0073 or 10.22%, touching $0.0787. Top Cryptocoin Experts believe that Francs (FRN) is looking for the $0.08657 goal. According to 4 analysts could reach $0.133276843217982. The highest price was $0.07912 and lowest of $0.07097 for February 16-17. […]

Read More
Two Russian Regions to Develop Large Scale Crypto Mining

Two Russian Regions to Develop Large Scale Crypto Mining

Mining The governors of two Russian regions have indicated their readiness to accommodate large crypto mining facilities. Two of the westernmost subjects of the Federation – Kaliningrad and Leningrad – are willing to welcome miners and want to get involved in “bitcoin production”. Local authorities have expressed intentions to take mining out of garages and […]

Read More