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The People’s Bank of China: Positive Stance On Blockchain Technology And Digital Currency

The People’s Bank of China’s (PBoC) chairman, Zhou Xiaochuan, recognize that the development of digital currency is “inevitable”. When asked if the central bank considered...

Mt. Gox Trustee Is Crashing Bitcoin

Mt. Gox trustee sold $400mln worth of Bitcoin and Bitcoin Cash on open source exchanges, causing the price of BTC and BCH to drop. Back...

Binance Attack: Irregular Trades Reversed And Hackers Lost Money

Users of the biggest cryptocurrency exchange by trading volume, were phished by a group of hackers. March 7th, irregular trading activity was detected on the...

PayPal Files Patent For Faster Cryptocurrency Transaction System

PayPal is looking for a way to make cryptocurrency payments faster. PayPal has filed a patent for an “EXPEDITED VIRTUAL CURRENCY TRANSACTION SYSTEM” on March...

Putin: We Need Blockchain Technology

In a meeting with Herman Gref, president of the biggest Russian bank Sberbank, Vladimir Putin stated that they need blockchain technology and they cannot...

Elon Musk Reveals Cryptocurrency Holdings

After being impersonated on Twitter by scam artists, Elon Musk has revealed his cryptocurrency holdings. Scam posts on Twitter are becoming more common. A lot...

Venezuela’s Cryptocurrency ’Petro’ Netted $735 Million In One Day

Venezuela has launched a cryptocurrency called ‘Petro’ in an attempt to circumvent U.S. financial sanctions. The Venezuelan president claims it netted $735 million in...

Coinbase and Bitfinex Adopting SegWit To Make Bitcoin Transactions Fast And Cheap

Coinbase and Bitfinex are the two largest exchanges by USD Bitcoin trading volume. They are now adding SegWit, which should lower transaction fees by...

Litecoin Surge After New Hard Fork

Litecoin Cash has been launched after hard forking the popular cryptocurrency; Litecoin. Hard forks have become common in the cryptocurrency industry. The most known hard...

Visa and Worldpay Are Taking The Blame And Refunding Duplicate Coinbase Fees

February 17th, Visa and the payment processor Worldpay issued a joint statement, taking responsibility for duplicate charges. The cryptocurrency exchange, Coinbase, received numerous complaints from...

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