Monthly Archives: August 2018

Bitcoin Falls Short of Breaking $7,000, Other Altcoins See Slight Losses

After the weekend’s market tumble, Bitcoin is today attempting to reclaim the $7,000 mark, while other crypto assets are largely in the red. August 6: Bitcoin (BTC) is making several attempts at breaking back above the $7,000 mark, staking its recovery after a sharp market tumble this weekend. Many major cryptocurrencies continue to see minor losses, as data from Coin360 shows. Market visualization from Coin360 Bitcoin (BTC) is trading around $6,974 at press time, down 1.17 percent on the day. The leading cryptocurrency has made several attempts […]

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Crypto Trading App Robinhood Adds Support for Ethereum Classic

The Robinhood trading app has listed Ethereum Classic, the app is currently available in 19 states.   Commission-free crypto trading app Robinhood has listed Ethereum Classic (ETC), according to an official announcement Monday, Aug. 6. Robinhood customers can also invest in Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Litecoin (LTC), and Dogecoin (DOGE), as well as monitor market data for ten other cryptocurrencies. Currently available in 19 states of the U.S., Robinhood crypto trading app was launched in February, 2018, initially listing Bitcoin and Ethereum, and available […]

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Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, TRON: Price Analysis, August 06

The announcement of Bitcoin futures trading by NYSE’s operator ICE has failed to significantly impact the markets. What will happen next? The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. The crypto world had cheered the prospects of Bitcoin futures trading last year. However, Bitcoin (BTC) prices topped out […]

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Bitcoin Cash Powered Social Media Platform Memo Continues to Thrive

This past April, news.Bitcoin.com reported on a social media application powered by bitcoin cash transactions called Memo.cash. Since then the platform has grown in many ways with more users, features, and extensions. When the project first launched, a few weeks later a similar platform called Blockpress came out, but about a month ago the Blockpress founder abandoned the project leaving the Twitter-like onchain-powered Memo to take the reins. Also Read: The Daily: New Education Centers, Vietnamese Ask for Fraudster’s Extradition Memo Use Continues to Gain Traction with […]

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Coinbase Renews Money Transmitter License in Wyoming, Reopens Services in State

Coinbase has announced that it has renewed its money transmitter license in Wyoming three years after terminating its activities in the state. The move marks a significant shift in the working relationship between the crypto exchange giant and state regulators following the expiry of the previous license in June 2015. Working With Regulators In a Medium post, Coinbase said that its Wyoming customers can now access the full range of its products, including Coinbase Consumer, Coinbase Market, Coinbase Prime and Coinbase Custody. The blog post described the […]

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Turkey Take A Big Leap Of Faith

Turkey Joins In As we see more and more countries and companies realise just only some of the potential of the latest Blockchain technology, Turkey now joins the list. Turkey has taken a very big step forward in seeing just how much Blockchain can support them with their every day operations. The county has launched its own Blockchain and Innovation Center (BlockchainIST) in Istanbul. The aim behind this new facility is to solely see today’s children become the Blockchain developers of the future driving the country in […]

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Researchers Reveal Network of 15K Crypto-Related Scam Bots on Twitter

Twitter’s cryptocurrency scam botnets are the focus of new research aimed at fighting the phenomenon. New research published today, Aug. 6, has shed light on the infamous phenomenon of cryptocurrency-related Twitter accounts advertising fake “giveaways,” revealing a network of at least 15,000 scam bots. The analysis of Twitter bots, which continue to aggravate and even fool unsuspecting users, came from cybersecurity company Duo Security. The project involved a huge tranche of 88 million Twitter accounts, with researchers using machine learning techniques to train a bot classifier. Using […]

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SEC Has No Jurisdiction to Look at Bitcoin for ETF Decision, Admits Commissioner

A commissioner of the U.S. Securities and Exchange Commission (SEC) has voiced her opinion that the agency overstepped its bounds to reject a bitcoin ETF recently based on the underlying asset, bitcoin. She believes that the role of the SEC is to consider the market for the ETF, not the underlying asset itself. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space No Jurisdiction to Look at Underlying Assets Following the SEC’s recent decision to reject the proposed rule change for a bitcoin ETF, SEC Commissioner Hester […]

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Goldman Sachs Could Have a Crypto Custody Service in the Works

One of the world’s largest investment banks may soon bring cryptocurrencies into its trillion-dollar investment fold. Goldman Sachs is allegedly devising a cryptocurrency custody service, individuals familiar with the matter told Bloomberg. The offering would open Goldman Sachs custodial services to cryptocurrency funds, providing them an institutional avenue through which to manage their assets. This would outfit the funds with security, insurance and other investment measures that would otherwise be unattainable. If not unattainable, such asset-securing guarantees are at the very least elusive in such an unregulated […]

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Indian Exchange Zebpay Enables Trueusd (TUSD) Stablecoin Trading

One of the largest cryptocurrency exchanges in India, Zebpay, has enabled Trueusd (TUSD) trading, deposits and withdrawals. The dollar-pegged stablecoin is offered as an alternative to fiat trading which is problematic under the Indian central bank’s ban. Also Read: The Daily: New Education Centers, Vietnamese Ask for Fraudster’s Extradition Zebpay Enables Trueusd Mumbai-headquartered cryptocurrency exchange Zebpay has announced the addition of Trueusd (TUSD) trading, deposits and withdrawals going live, starting today, August 6, 2018. Trueusd is part of the recent torrent of so-called stablecoins to have hit […]

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