News

The UK’s Financial Conduct Authority is cracking down on cryptocurrency exchanges, ATMs, and open-source projects like wallet providers. These services will have to comply with anti-money laundering regulations by 2020, imposing banking-style controls over crypto in the nation. The bombshell came as part of the FCA’s newly released policy statement on cryptocurrency, “PS19/22: Guidance on […]

The World Federation of Exchanges urges the UK’s Financial Conduct Authority not to prohibit the sale of cryptocurrency derivatives to retail customers. The World Federation of Exchanges is the global trade association for regulated exchanges and clearing houses representing over 250 firms across the world, including the Chicago Mercantile Exchange (CME Group) and the Intercontinental […]

iFinex, the parent company of crypto exchange Bitfinex and Tether, is facing a lawsuit accusing them of manipulating the market. Five traders claiming class members suffered $1.4 trillion in damages filed the lawsuit, which Bitfinex called “meritless and mercenary.” Bitfinex catches another case Cryptocurrency exchange Bitfinex, the sister company of stablecoin issuer Tether, is on […]

One of the most prominent cryptocurrency technical analysts, Peter Brandt, thinks that Ethereum may have bottomed against Bitcoin. Bottoming against BTC Ethereum has been on a steady decline for over the last two years after peaking at nearly 15.3 million satoshis on June 13, 2017. Since then, the cryptocurrency has been making a series of […]

The Kik messaging app may not shut down after all as the CEO, Ted Livingston, claims there’s a buyer interested in purchasing the platform. Keeping Kik alive On Sept. 24, Ted Livingston, CEO at Kik Interactive Inc, announced the shut down of its messaging app, Kik. Livingston explained that running the app alone costs over […]

As a bullish impulse is underway some of the most prominent crypto analysts believe that XRP may have bottomed against BTC. Crypto analysts weigh in XRP recently reached price levels that have not been seen since 2017. After plunging over 35 percent in less than a week, this cryptocurrency hit a low of $0.21 on […]

With Hong Kong facing a shortage of cash due to defunct ATMs and the crash of PMC Bank in India leaving almost a million people without access to their accounts, Bitcoin could emerge as the savior of those facing financial crises. Crisis in Hong Kong and India show how fragile cash savings are The four-month-long […]

Bitcoin remains on the cusp of surging to $9,800 or dropping to $6,500 as one technical index turns bullish. Bitcoin technical analysis Following a 19 percent drop to $7,730 on Sept. 30, Bitcoin seems to have found support around the 100-week moving average. As seen in previous bull markets, this moving average has the potential […]

The ability to 51% attack Bitcoin indicates that it’s decentralized. It’s impossible to fix this vulnerability without adding centralization, argued Litecoin founder Charlie Lee and Bitcoin Core developer Gregory Maxwell. Characteristic of decentralization Decentralization is one of the most important attributes of blockchain technology according to some of the most prolific figures in the industry. […]

Block.one is planning to phase out free network resources on EOSIO after the feature allowed an attacker to exploit a smart contract for 30,000 EOS. On the heels of v1.8, network’s first consensus hard fork upgrade, Block.one is moving block producers to eliminate free network resources. Currently, during times of low congestion surplus resources are […]