News

The U.S. Federal Trade Commission (FTC) is blowing the whistle on of a new Bitcoin blackmail scam—one purportedly targeting men with a disposition for extramarital “activity.” According to the government’s consumer protection watchdog, allegedly unfaithful men are being sent letters by scammers demanding a “confidentiality fee,” payable in Bitcoin, in return for silence. The letters also […]

With increasing regulatory scrutiny, cryptocurrency exchanges are preparing for the proliferation of security tokens, and fintech startup Securrency is ahead of the curve in issuing them. John Hensel, COO and co-founder, shared his perspective on the shifting cryptocurrency landscape and the company’s progress. Founded in 2015, Securrency is a fintech company that combines legal financial […]

After trading sideways for a week, Bitcoin volatility came back roaring with a 6 percent move, adding $5 billion to the total market cap in about 20 minutes. In the world of crypto, 5-6 percent moves in minutes are the norm, although it’s not often that one can point to a specific catalyst for pumps. […]

With growing adoption, cryptocurrency debit cards are becoming more prevalent worldwide. Launched Aug. 22,  Revolut released a new metal debit card that gives customers cashback in cryptocurrency. Earn Bitcoin After Each Transaction Yesterday, fintech startup Revolut revealed its new Revolut Metal debit card for premium customers–giving access to additional perks and features including cashback in cryptocurrency. Based in […]

Two prominent, China-based cryptocurrency businesses are undergoing contrasting fortunes; while Bitmain is facing flak for several inconsistencies in its investor deck and competition from mining rivals, the Bitcoin Mercantile Exchange (BitMEX) just moved into the world’s most expensive office. Bitmain’s Falling Fortunes Bitmain’s rise to the top has been nothing short of spectacular as well […]

With more Bitcoin ETF decisions on the horizon, cryptocurrency traders are adopting new methods to forecast upcoming rallies–including trader Jacob Canfield, who has developed a Bitcoin indicator that uses CNBC tweets to predict prices. CNBC Tweets Contradictory to Price Action Canfield’s Bitcoin indicator displays a Bitcoin price chart labeled with bullish and bearish CNBC tweets, […]

The cryptocurrency market is rebounding following a bearish month, and while many coins haven’t seen any significant gains this week, a select few have. Below, CryptoSlate takes a closer look at why VeChain (VET) and Ontology (ONT) have both gained over 50 percent this week. VeChain (VET) VeChain, the 19th largest cryptocurrency by total market cap, has […]

WeChat, the Chinese messenger app owned by Tencent, has banned several blockchain and cryptocurrency media accounts. Jinse, which is supported by Node Capital, and Deepchain, a website backed by multiple token funds, were both affected by the ban, according to China-based finance news outlet Lanjiner. On Jinse’s official WeChat account, a post disclosing that the account […]

The South Korean National Assembly has kickstarted an “extraordinary” meeting for discussing ICO regulation, cryptocurrency and blockchain frameworks, as well as other steps to support optimal growth of the digital assets sector, Business Korea reported. Korea’s Cryptocurrency Push The Korean government is swiftly taking steps in the cryptocurrency sector as it looks to bolster its […]

Retail investors have long awaited a Bitcoin ETF to draw in an influx of new institutional capital. On Aug. 22, the SEC denied nine Bitcoin ETF proposals from ProShares and Direxion. This article was co-authored by Avi Felman and Jonathan Kim. Update: A previous version of this article stated that the SEC filed seven rejections. The […]