Cryptocurrency News

Mt.Gox Trustee Liquidates $230 Million In Bitcoin And Bitcoin Cash

Mt Gox users are not likely to get their coins back, but they should at least be paid in coins. INstead the Mt Gox trustee is building massive fiat positions for compensations

Google Bans Mining Apps From Play Store

Google Play will no longer host apps that allow smart phone owners to mine cryptocurrencies on their device. The move supposedly curtails malicious activity, but the markets will probably make it unnecessary

Ethereum Network Congestion Affecting Transaction Fees

Scaling is one of the most pervasive challenges that any blockchain-based network faces. Over the last few days, Ethereum has been facing transaction congestion, which underscores the fact that there are no easy fixes when it comes to scaling

Goldman Sachs Launches Stablecoin Tied To USD

Goldman Sachs is just the most recent bank trying to coopt the cryptocurrency revolution, launching a USD-based stablecoin for the sake of putting financial products on smart contracts

Iranians Buy $2.5 Billion USD of Cryptocurrency

The Iranian government is between a rock and a hard place again with the renewal of US sanctions. Cryptocurrency acceptance could help, but it means giving up control over the economy.

South Korean UPbit Exchange Raided For Fraud

A local matter can have a disproportionately big effect globally when it comes to Bitcoin. As South Korean authorities raided the biggest exchange in the country, BTC prices slid

FTC Opens Workshop On Cryptocurrency Scams

The FTC in the US is opening a workshop to teach people about cryptocurrency scams. Hopefully this doesn’t give them the license to “educate” the public about the perils of Bitcoin

Australia To Host 20 MW Solar-Powered Bitcoin Mining Operation

Bitcoin has been accused of being a currency that pollutes a lot, but now it seems that it is at the center of the transition from coal power to solar power in Western Australia

Coinbase Acquired Earn.Com Appointing Balaji Srinivasan As CTO

Mergers and acquisitions can play an increasingly important role within the cryptocurrency industry. Coinbase, a leading player in the industry, is already making its first moves

Coinbase Suspended WikiLeaks’ Bitcoin Account

Coinbase has its share of detractors in the space, and with its latest move to suspend Wikileaks’ account, the exchange might have added a few more enemies to its list

Kraken Announced Plans To Withdraw From The Japanese Market

Japan is porbably one of the most cryptocurrency friendly countries there are, but it seems its regulatory guidelines are too stringent. That is why Kraken is leaving that market

IMF Shows Different Prospects In Blog About Cryptocurrency

Cryptocurrency is a binary game: people either like it and use it or they don’t. This seems to have escaped the grasp of the IMF’s latest blog post on the subject, which is full of middle-of-the-way suggestions

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