BUSINESS

Riot Blockchain Gets Hit by Another Shareholder Lawsuit

8 hours ago Comments Off on Riot Blockchain Gets Hit by Another Shareholder Lawsuit
Riot Blockchain Gets Hit by Another Shareholder Lawsuit After changing its name to Riot Blockchain in October to include the word “blockchain,” the public company watched its stock skyrocket from $8 a share to more than $38 during a cryptocurrency rally at the beginning of the year. The first significant problem was the company did Read More

Korea Investigates 20 Public Companies for Using Crypto Claims to Boost Share Prices

8 hours ago Comments Off on Korea Investigates 20 Public Companies for Using Crypto Claims to Boost Share Prices
Korea Investigates 20 Public Companies for Using Crypto Claims to Boost Share Prices The South Korean financial authorities are investigating 20 publicly listed companies for unfairly using cryptocurrency claims to boost their share prices. Crypto-related companies do not always follow through with their plans after seeing their share prices surge. Also read: Indians Look to Buy Read More

Bitcoin Price Analysis: Bitcoin Faces Pivotal Support as Bulls Exhaust Buying Pressure

1 day ago Comments Off on Bitcoin Price Analysis: Bitcoin Faces Pivotal Support as Bulls Exhaust Buying Pressure
Bitcoin Price Analysis: Bitcoin Faces Pivotal Support as Bulls Exhaust Buying Pressure After seeing a rally to the $11,000s, bitcoin has managed to pull back to the $9,000 range and has left many bullish investors confused. The initial bullish rally seemed promising as it broke the macro, descending channel that governed much of the market Read More

One of Russia’s most successful private entrepreneurs sells–to the state

1 day ago Comments Off on One of Russia’s most successful private entrepreneurs sells–to the state
One of Russia’s most successful private entrepreneurs sells–to the state IN THE Russian business community Sergei Galitsky served as a rare example of a self-made billionaire who rose with relatively little state help and outside the natural-resources trade. He built his retail company, Magnit, from scratch into Russia’s largest network; it has more than 16,000 Read More

Bitcoin Is Finding Its Way into High Schools

1 day ago Comments Off on Bitcoin Is Finding Its Way into High Schools
Bitcoin Is Finding Its Way into High Schools Over the past few years, colleges and universities all over the world have been creating courses revolving around cryptocurrencies and blockchain technology. Now the subject is slowly infecting the halls of high school students who want to learn about these emerging technologies. Because of the increased student Read More

Tezos Foundation Reorganizes, Gevers Steps Down

2 days ago Comments Off on Tezos Foundation Reorganizes, Gevers Steps Down
Tezos Foundation Reorganizes, Gevers Steps Down After months of infighting between the organizers of Tezos, a blockchain project currently in development, and the Tezos Foundation, a Swiss nonprofit that controls the project’s pursestrings, the two remaining original members of the Foundation have “voluntarily” resigned. This means that since December, the entire three-person board has been Read More

Europe’s flourishing gunmakers

2 days ago Comments Off on Europe’s flourishing gunmakers
Europe’s flourishing gunmakers Beretta hits its sales target IT WAS a blunder by Heckler & Koch, a big German gunmaker. On February 15th the firm apologised for a “mistake” after its American subsidiary posted a Valentine’s image showing a handgun surrounded by ammunition arranged in the shape of a heart. The image went out to Read More

An Ethereum Classic Fork Snapshot Is Coming Next Week

2 days ago Comments Off on An Ethereum Classic Fork Snapshot Is Coming Next Week
An Ethereum Classic Fork Snapshot Is Coming Next Week Next week the ethereum classic (ETC) community is expecting to receive coins from a ‘snapshot’ fork called ‘callisto’ (CLO). The clone will be an exact copy of the ETC chain up until block 5,500,000 and ETC holders will receive a 1:1 ratio of CLO coins. Also Read More

Korean Regulator Tips Cryptocurrency Prospects Back Toward “Normalization”

3 days ago Comments Off on Korean Regulator Tips Cryptocurrency Prospects Back Toward “Normalization”
Korean Regulator Tips Cryptocurrency Prospects Back Toward “Normalization” On February 20, 2018, investors saw signs of yet another directional shift in South Korea’s regulatory stance on cryptocurrencies. According to Reuters, Choe Heung-sik, the governor of South Korea’s Financial Supervisory Service (FSS), told reporters, “The whole world is now framing the outline (for cryptocurrency) and therefore Read More

Why low returns are inevitable

3 days ago Comments Off on Why low returns are inevitable
Why low returns are inevitable WHEN the stockmarket is close to a record high, the chances are that recent returns will have been very strong. The terrible tendency among investors is to assume that those returns will continue. But the higher you go, the harder it is to keep rising at the same pace.  When Read More

Russian Authorities Criticized over Proposed Crypto Regulation

3 days ago Comments Off on Russian Authorities Criticized over Proposed Crypto Regulation
Russian Authorities Criticized over Proposed Crypto Regulation Criticism aimed at authorities and the new legislation on “digital financial assets” is mounting in Russia. Local officials have rebuked lawmakers in the capital over slow progress, warning that the country will have to catch up with others. Experts from the crypto sector have expressed concerns about many Read More

SegWit is Coming to Coinbase and Bitfinex’s Bitcoin Exchanges

4 days ago Comments Off on SegWit is Coming to Coinbase and Bitfinex’s Bitcoin Exchanges
SegWit is Coming to Coinbase and Bitfinex’s Bitcoin Exchanges Today, two of the world’s largest cryptocurrency investment platforms, Coinbase and Bitfinex, both announced that they were adopting support for Segregated Witness (SegWit) protocols for bitcoin (BTC) traded on their exchanges. In its announcement, Bitfinex stated, “The SegWit implementation means Bitfinex users can benefit from lower Read More

Latvia’s top banking official has been accused of taking a bribe

4 days ago Comments Off on Latvia’s top banking official has been accused of taking a bribe
Latvia’s top banking official has been accused of taking a bribe ILMARS RIMSEVICS, governor of Latvia’s central bank for the past 17 years, had been due to retire next year. Instead, he is facing calls to resign. On February 17th he was detained by Latvia’s anti-corruption authority on suspicion of taking a bribe of at Read More

Smartbtc Sees the Need for Centralized Python-Based Smart Contracts

4 days ago Comments Off on Smartbtc Sees the Need for Centralized Python-Based Smart Contracts
Smartbtc Sees the Need for Centralized Python-Based Smart Contracts Just recently the startup Smartbtc announced the execution of a bitcoin-based smart contract written in the Python codebase. The team intended to grow their Twitter following by creating a contract that paid 0.011 BTC after it accrued 1,000 followers in sixty days. After the goal was Read More

Bitcoin Price Analysis: Bitcoin Tests Pivotal Resistance Levels Following Strong Rally

5 days ago Comments Off on Bitcoin Price Analysis: Bitcoin Tests Pivotal Resistance Levels Following Strong Rally
Bitcoin Price Analysis: Bitcoin Tests Pivotal Resistance Levels Following Strong Rally After a strong rally from the $6,000s, bitcoin ultimately saw a near 100% growth in market value as it now sits atop its rally in the low $11,000s. Currently, the market is testing well-known, strong resistance levels and is seeing quite turbulent shakeouts and Read More

Cryptocurrency Regulator Found Dead at His Home in South Korea

5 days ago Comments Off on Cryptocurrency Regulator Found Dead at His Home in South Korea
Cryptocurrency Regulator Found Dead at His Home in South Korea South Korea has been a leading market for bitcoin over the last year or so in terms of adoption, trading volumes, and regulatory response. Now one of the top figures in the government associated with regulating cryptocurrency has passed away, with stress suspected to be Read More

Salon Offers Visitors In-House Cryptocurrency Mining When Blocking Ads

1 week ago Comments Off on Salon Offers Visitors In-House Cryptocurrency Mining When Blocking Ads
Salon Offers Visitors In-House Cryptocurrency Mining When Blocking Ads Mainstream web magazine Salon has started allowing its readers an ad-free site, if readers start mining cryptocurrency for them, after sustaining a decline in income due to ad blocking technology. Also read: Japan Cracks Down on Foreign ICO Agency Operating Without License Salon’s Mining Initiatives Salon, a Read More

Swiss Regulator Gives Clear Guidelines for Launching ICOs

1 week ago Comments Off on Swiss Regulator Gives Clear Guidelines for Launching ICOs
Swiss Regulator Gives Clear Guidelines for Launching ICOs On February 16, 2018, the Swiss Financial Market Supervisory Authority FINMA put the world on notice by being the first major economy to set out clear guidelines on initial coin offerings (ICOs). In an announcement, the Swiss regulator addressed plans to apply financial market legislation to different Read More

CFTC Advisory Committee Recommends Creation of Virtual Currency Subcommittee

1 week ago Comments Off on CFTC Advisory Committee Recommends Creation of Virtual Currency Subcommittee
CFTC Advisory Committee Recommends Creation of Virtual Currency Subcommittee On Wednesday, the U.S. Commodity Futures Trading Committee’s (CFTC) Technical Advisory Committee (TAC) held a public meeting at its Washington, D.C., headquarters. During the meeting, members of the Bitcoin and cryptoasset industry shared information regarding this emerging market and offered guidance on how the CFTC may Read More

Indian teaching startups make work for idle thumbs

1 week ago Comments Off on Indian teaching startups make work for idle thumbs
Indian teaching startups make work for idle thumbs TO ANY outsider it looks as if the children have been hypnotised by yet another smartphone game. As the spying elders in a TV ad try to break the spell, the sprogs flash a grin at their screens. “It’s maths, dad,” giggles a fifth-grader to her father. Read More
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