Cryptocurrency Analysis and News Portal
The International Monetary Fund is warning that some of the consequences of a country adopting Bitcoin as a national currency “could be dire.”According to IMF marketing department financial counsellor and director Tobias Adrian and legal department general counsel and director Rhoda Weeks-Brown, a cryptocurrency like Bitcoin (BTC) may catch on
Read More
However, Elon noted that Tesla will not sell the existing Bitcoin investment as they plan to use it once the mining shifts to renewable and greener energy sources. Bitcoin price slid as much as 15%, below $50,000, after Elon Musk halted Tesla Inc (NASDAQ: TSLA) purchases with the
Read More
Chia Coin uses a proof-of-space system that relies on the storage capacity of devices used in mining instead of computing power.The price of Chia Coin looks to have rebounded, after losing almost half of its value amid its network and mining issues. Chia coin was highly anticipated ahead of its
Read More
Germany’s Federal Financial Supervisory Authority, or BaFin, has warned investors about the risks involved in cryptocurrency investments.In a consumer protection alert issued on its website on Friday, the regulator offered a cautionary tale about crypto involvement on the part of retail investors.As part of its statement, BaFin echoed similar admonitions
Read More
The U.S. Securities and Exchange Commission has announced charges against California resident James Roland Jones in the first-ever enforcement action from the commission to target securities fraud on the darknet.According to the March 18 complaint, Jones is accused of accessing a darknet-based insider trading forum in late 2016 to seek
Read More
At the dawn of the blockchain age, Layer 1 laid the foundation for what has become one of the revolutionary industries in this Millenium. Layer 1 is the underlying main blockchain architecture. Ethereum and Bitcoin chains are considered Layer 1 and although these chains kickstarted the blockchain industry into gear,
Read More
The Information Commissioner’s Office (ICO) has issued fines totalling £270,000 to two separate companies for making unlawful marketing calls to numbers registered
Read More
A hospital in China sent the first electronic bill to a patient on its blockchain-based invoice management platform on Monday. The People’s Hospital of Chengmai County, a public hospital in the Hainan province of South China, is the first hospital to issue and keep track of invoices on a blockchain in
Read More
The Ripple executives view these XRP-related issues with the SEC as an attack on the entire cryptocurrency ecosystem.Ripple Labs Inc has been very much famous in the last couple of months with its legal struggle with the US Securities and Exchange Commission (SEC) which affected the price of XRP that
Read More
Leading U.S.-based cryptocurrency exchange Coinbase is suffering connectivity issues for the second consecutive day amid bitcoin’s parabolic price rally. The story is developing and will be updated as more information is available. Source
Read More