Monthly Archives: October 2018

Robinhood Crypto Expands to Three More States

Crypto trading app Robinhood is now available in more U.S. states. In October, the platform has launched services in Rhode Island, Tennessee and Arkansas. The move brings the total to 24 states whose residents can now make zero-commission trades in several leading cryptocurrencies. Also read: Increasing Number of Crypto ATMs in Europe Support BCH App Available in Rhode Island, Tennessee, Arkansas Robinhood, the popular mobile application that offers free trading of stocks, options, exchange-traded funds (ETFs), and crypto assets, has recently expanded its coverage in the U.S. […]

More info

Bitfinex Strongly Refutes Insolvency Claims

Bitfinex has vigorously refuted claims that it and its Tether stablecoin are on the brink of insolvency. Rumors have surrounded the opaque exchange for over a year, but have intensified in the past month. “Bitfinex is not insolvent, and a constant stream of Medium articles claiming otherwise is not going to change this,” asserts a strongly worded denial. Also read: Total of 7 Crypto Exchanges and 158 Wallets Hacked in South Korea, Police Find Bitfinex Comes Out With All Guns Blazing Rumors of Bitfinex and Tether’s potential insolvency […]

More info

Total of 7 Crypto Exchanges and 158 Wallets Hacked in South Korea, Police Find

The South Korean National Police Agency has produced a report of all hacking incidents of crypto exchanges and wallets in the country during the past three years. According to local media, there were seven hacking cases of crypto exchanges and 158 cases of wallet hacks, 91 of which happened this year. However, only six arrests were made. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals Korean Police’s Crypto Hacking Report The South Korean National Police Agency has compiled a report of known hacking incidents […]

More info

Venezuela Mandates Passport Fees Must Be Paid in Controversial Cryptocurrency Petro

Petro, the cryptocurrency touted as a way out of Venezuela’s financial crisis, will become the only payment method for passports starting Oct. 8. Venezuelans can only use the state-backed cryptocurrency, the Petro, to pay for passport fees starting next week, the country’s vice president Delcy Rodriguez said in a press conference Friday, Oct. 5. Ahead of Petro’s official “launch” in November, Rodriguez confirmed that as of Monday, Oct. 8, fees for all passport applications will only be payable in Petro, and will cost an increased amount: 2 […]

More info

Bitcoin, Altcoin Prices Shun Volatility Amid Multi-Year Trade Volume Lows

A trough in global trade volume is seeing Bitcoin markets calm, sparking less volatility across major cryptocurrencies. Bitcoin (BTC) remained stable Sunday, October 7, capping a week of sideways trading as overall exchange volumes reached their lowest level for thirteen months. Market visualization by Coin360 Data from Cointelegraph’s price tracker and Coin360 show BTC/USD hardly moving compared with the same time last week, with daily and weekly movements concluding at around 0.03 percent up and 0.65 percent down respectively. At press time, Bitcoin is trading at around […]

More info

Hodler’s Digest, October 1-8: WSJ Gets In and Out of Crypto, While BofA Sees a $7 Billion Future for Blockchain

The Wall Street Journal creates, then gets rid of, its own cryptocurrency and the Petro may be ready for public sale in November. Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph in one link. Top Stories This Week Crypto Exchange ShapeShift Rebuts WSJ Report of Money Laundering Cryptocurrency exchange ShapeShift has issued a denial in […]

More info

Venezuela Demands Citizens Pay for Passports With Petro

Venezuelan authorities have found another way to impose the adoption of the state-issued cryptocurrency, the petro. Citizens will soon have to pay with the government-controlled digital coin if they want to obtain a travel document. Hundreds of Venezuelans are leaving the crisis-hit country every day. Also read: New Stablecoins: From Cryptopound and Metal-Backed Swiss Coin to Mongolian ‘Candy’ ‘Embracing’ Maduro’s Crypto Venezuelans might not have embraced the national cryptocurrency yet but their government has adoption on the agenda and it’s looking for ways to enforce it. Citizens […]

More info

Government Tracking of Crypto Is Growing, But There Are Ways to Avoid It

More governments are tracking crypto, but ways to stay anonymous remain. Much noise has been made about the untraceable qualities of Bitcoin and other cryptocurrencies. Bitcoin “can be used to buy merchandise anonymously” said early primers on crypto, it offers users the kind of financial privacy that was previously available only from a “Swiss bank account,” say more recent commentators. And given its ability to provide people with a layer of anonymity and privacy, it has been smeared by politicians, experts and mainstream journalists alike as a […]

More info

‘Huge Cash Flows’: Lithuania Voices Concern Over ICO, Crypto Trading

Lithuanian regulators are focusing on ICOs and cryptocurrency trading in new investigations and potential policy reforms. Lithuanian authorities held a seminar examining the “threats and potential benefits” of Initial Coin Offerings (ICO) to the country’s economy, a press release reported Wednesday, October 3, amid an ongoing investigation into cryptocurrency trading habits. The Financial Crime Investigation Service (FCIS) organized the meeting, which included representatives from government ministries, the central bank, and the General Prosecutor. According to the press release, the gathering revealed that Lithuanian processes “huge” turnover from […]

More info

The Daily: Crypto-Skeptic Professor to Speak at US Senate, Coinmama Adds SEPA

In today’s edition of The Daily we cover stories about a well known economics professor and outspoken crypto-skeptic who is going to speak about the subject at the U.S. Senate, bitcoin-buying service Coinmama adding support for SEPA bank accounts holders, and more. Also Read: Regulations Roundup: Crypto-Intermediaries in France, SEC Deadline for Rejected ETF Commentary Crypto-Skeptic Professor to Speak at US Senate Renowned economics professor Nouriel Roubini (commonly known as Dr. Doom) is set to tell American politicians about all the ills he sees in the cryptocurrency […]

More info
1 2