South Korean Crypto Exchange Coinnest Announces Closure

Cryptocurrency exchange Coinnest, once South Korea's third largest, is shutting up shop, citing a drop-off in trade.

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PR: ACD and Bitcoin.com Have Teamed up to Launch Payments With Bitcoin Cash

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. December 28th, 2018 Bitcoin.com ACD Inc Bitcoin.com CEO Roger Ver…

Quebec Approves Energy Rate Hikes for Bitcoin Mining Firms

Bitcoin mining firms looking to set up shop in Quebec will now have to pay more for electricity. This is after the energy regulator of the Canadian province, Régie de l’énergie, gave the region’s utility firm, Hydro-Quebec, the go-ahead to impose a deterrent tariff that will see cryptocurrency miners paying double the rate that is…

New ‘Trust Machine’ Blockchain Film Tackles Politics of Technology

Tinseltown turns its gaze back to technology in “Trust Machine: The Story of Blockchain,” which opens on Oct. 26 at Cinema Village in New York City. However, unlike most popular media representations of the cryptocurrency revolution, Alex Winter’s new documentary film doesn’t dwell on the price of bitcoin or its frequently alleged ties to criminal…

SEC Uncertainty Looms Over Token Summit – Again

Most at Token Summit 2019 seemed to agree: U.S. regulators need to decide what to do about tokens, whatever the decision may be.

Chinese Miners Are Finding Relocation Difficult in Southeast Asia

According to a recent report, cryptocurrency miners from China have been flocking to regions in Southeast Asia like Vietnam, Myanmar, and Cambodia. However, a relocated Chinese miner based in Cambodia says miners trying to find safe havens in other Southeast Asian countries are having difficulties, and losing money every month due to residents complaining and unreliable…

Institutional Interest in Crypto During Bearish Times is Bullish

An oversold market makes the best time to enter. And experts believe it is happening with crypto industry as it retains a yearly bearish bias. The significant dip seen in 2018, followed by consecutive strong rebounds from a specific bottom area has upped medium-term bullish sentiments in the crypto market. Bitcoin, the cryptocurrency with the highest dominance,…

LocalBitcoins Trader ‘Bitcoin Maven’ Sentenced to Year in Prison

A Los Angeles bitcoin trader was sentenced Monday to one year in federal prison.

US Lawmakers Seek Sanctions Against Iran’s Cryptocurrency Efforts

A bill introduced this week in Congress takes a hard line on Iran's efforts to develop its own sovereign cryptocurrency.

ETH Round-Up: Parity Unfreeze Shot Down, Casper Code Made Public, Vitalik Slams Greedy Market Sentiment

A number of significant events have occurred pertaining to the Ethereum ecosystem in recent days. Last week, the code for the proposed first step of Ethereum’s technical transition toward the adoption of proof-of-stake mining, Vitalik Buterin made disparaging comments regarding 2017’s explosion in the initial coin offering (ICO) industry in an interview with Financial Times,…

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Regulation

Indian Crypto Community Rallies to Influence Government’s Decision on Cryptocurrency Regulation

In March 2019, cryptocurrency enthusiasts and experts across India will make their voices heard at a nationwide roadshow. They intend to draw up a joint report which will be handed to the Indian government in lieu of the upcoming release of a crypto regulation framework. Also read: Indian Supreme Court Gives Government 4 Weeks to…

Gramatik Lays Down Funky Crypto, Netflix Sucks

Electronic music futurist, Gramatik, released a groundbreaking song and accompanying video, highlighting the development of money. With all the trash in popular culture when it comes to cryptocurrency (drugs, terrorism, etc.), his ‘Future Crypto’ is a welcome respite. Speaking of trash, Netflix greenlights Vox’s horrible episode five in its first season of ‘Explained,’ where it…

Crypto Trading Without License Is ‘Illegal,’ Cambodian Regulators Say

Buying, selling, trading and settlement of cryptocurrencies is now illegal without a license, according to a statement from Cambodian authorities.

World’s Biggest Bitcoin Cash Conference Kicks Off in Australia – What to Expect

Arguably set to become the world’s biggest Bitcoin Cash conference yet, Bitcoin Cash City kicked off today in sunny Townsville, North Queensland. The city is not only colorful, friendly, and home to some very beautiful coastline, it’s also chock-full of opportunities to use Bitcoin Cash for everyday living. As such, it’s well-suited to promoting a…

Hong Kong Protest Leader Hopes to Incite Run on Chinese Banks

The 11th week of protesting in Hong Kong has passed as the world has witnessed massive sit-ins at the national airport and demonstrations across several locations citywide. The 2019 anti-extradition bill protests have affected Hong Kong’s local economy, investors have dumped on the benchmark Hang Seng index, and now pro-independence activist, Chen Haotian, has called…

FTC Settles With Promoters of Multi-Level Marketing Crypto Scheme

Four promoters of crypto-denominated chain-referral scams are ordered to pay fines totaling less than $500,000.

Mining

Why Venezuela’s New National Cryptocurrency El Petro Will Fail

Washington and legacy media are in a tizzy about Venezuela reportedly thwarting international sanctions by way of a dreaded state-backed cryptocurrency. A closer look reveals several stumbling blocks for the Bolivarian Republic: nonexistent reserves, hyperinflation, centralization, and the impossibility of actual redemption. The attempt will fail, if it’s ever rolled out, adding woes to a region…

BitStarz Player Grabs a 19.995 BTC Win on Greedy Goblin!

This is a submitted sponsored story. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the…

Fincen Claims Iran Is Using Crypto to Evade Sanctions

The Financial Crimes Enforcement Network has warned U.S financial institutions that the Iranian government might be dodging economic sanctions by using cryptocurrencies. The document highlights challenges arising from peer-to-peer virtual currency exchanges and encourages banks to monitor blockchain ledgers for transactions tied to the country. Also Read: Church Mining Cryptocurrency to Pay Higher Electricity Rates Iranian…

Court Sides With Crypto Exchange Despite Allegation It Violated China Ban

A Chinese cryptocurrency trader who was sent bitcoin in error must repay an exchange even if it broke domestic rules, a Beijing court has ruled.

Global Crypto War Is Heating up – Iran Next in Line With Its Own Gold-Backed Coin

Control of the U.S. dollar and the global financial system that depends on it gives the American government an incredibly powerful tool in shaping international affairs. As such, it is not surprising that its geopolitical rivals around the world will try to exploit the invention of cryptocurrency to take the USD down a peg. The…
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LATEST POSTS

Bitcoin Price Technical Analysis for 01/11/2018 – A Bit More Bullish Momentum

Bitcoin Price Key Highlights Bitcoin price is still within its ascending channel on the 1-hour time frame and has bounced off support. A bit more bullish momentum can be seen as price broke past a small descending trend line. Technical indicators, however, are signaling that bearish pressure could kick in soon. Bitcoin price looks ready…

PR: Decoin Exchange Launches Unique Revenue Sharing Protocol

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Decoin is rejoicing increased numbers of user registrations in recent times and enhanced trading volumes with its exclusive…

Bitcoin Short of Bull Target Despite Five Days of Price Gains

Bitcoin has charted its longest winning run in a month, but still requires a move to almost $11,000 to confirm a short-term bullish revival.

Jeff Bezos Still in the Game: Blue Origin and Amazon Shares Fly

By CCN.com: You might think after all the press attention over his divorce, Jeff Bezos might be looking for a quieter 2019. Not so, he’s been spotted stepping out with his mistress Lauren Sanchez. And, with so many big buck projects on the go, it’s not like he’s going to be able to hide away.…

Cryptocurrency Concept Is a ‘Fallacy’ Says Finnish Central Bank Advisor

A paper published by the Bank of Finland explains why cryptocurrencies will never become a form of money.

OneCoin Claims It’s Not a Ponzi or Pyramid Scheme

The OneCoin project has responded to the suggestion it is a Ponzi or pyramid scheme, arguing it does not fit a narrow definition of either.

Regulations Roundup: SEC Considers Crypto Fund Criteria, South Korea Warns Investors

In this edition of Regulations Roundup, we focus on the U.S. Securities and Exchange Commission’s (SEC) ongoing discussions with companies that are interested in setting up cryptocurrency funds. We also look at a recent warning by the South Korean financial regulator about virtual currency investments, as well as a call by the CEO of U.S.…

These Payment Gateways Will Enable Your Business to Accept Cryptocurrency

As more people become interested in the world of cryptocurrency, adoption grows and so does the number of merchants interested in accepting bitcoin payments. Here are some of the easiest methods for integrating bitcoin and other cryptocurrencies into your online business.  Also read: Wikipedia Now Accepts Bitcoin Cash Donations via Bitpay  Why Your Business Might…

Goldman Sachs, JPMorgan Invest in Axoni’s $32 Million Funding Round

Enterprise-focused blockchain startup Axoni has completed a $32 million Series B funding round led by Goldman Sachs.