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Showing posts from April, 2018

Hungarian and Peruvian Localbitcoins Markets Post Record Volume

The Localbitcoins markets of several nations have produced significant spikes in recent weeks, with the peer-to-peer (P2P) markets of Hungary, Peru, and Venezuela establishing new all-time highs for volume when measuring in trade in fiat currency. Also Read:  Bitcoin in Brief Monday: Outage Downs Telegram, Bitcoin Shines on a Bank P2P Markets of Latin America Surge The P2P trading volume of numerous South American markets have shown considerable strength in recent weeks, with many markets producing among the strongest weeks of trading in recent history when measuring volume in fiat currency. Peru set a new record for weekly volume for the second week in a row when measuring against fiat currency, with 1,944,396 PEN (nearly $600,000 USD) worth of bitcoin exchanging hands this past week – an approximately 14% increase from last week’s record of 1,705,992 PEN. When measuring volume in BTC, the last two weeks both posted approximately 71 bitcoins – the second largest number of BTC t
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Japanese Regulator Pressures Exchanges to Drop Privacy Coins

Japan’s Financial Services Agency, tasked with monitoring the country’s cryptocurrency exchanges, has quietly been pressuring platforms to delist privacy coins. Coincheck has already done so in the wake of the $400 million NEM hack. If fellow exchanges follow suit, it could signal the beginning of the end for privacy coins such as zcash and monero on Japanese and possibly even global exchanges. Also read:   Bitcoin Cash Adoption Continues: Crypto Cafebar, Gold Vendor, Concealed-Carry Clothing FSA Gives Privacy Coins the Thumbs Down Japan’s FSA is reportedly urging exchanges to move away from privacy coins, which it associates with money laundering, drug dealing and other nefarious activities. Coins such as monero, zcash, and dash all fall into this category, even though the latter two provide opt-in privacy only, a feature that most users don’t enable. Forbes reports sources close to the FSA as confirming that the regulator is clamping down on anonymous currencies because they ar
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PR: Roger Ver Joins Blockchain Accelerator BlockChainWarehouse

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. Roger Ver, founder of Bitcoin.com, and Mate Tokay join the advisory board of BlockChainWarehouse (BCW). To bring their insight and resources to help grow BCW and the companies that move through its’ accelerator program. BlockChainWarehouse is an accelerator that helps take companies from an idea to their Token Sale. While providing legal counsel, access to expert advisors, marketing services, token sale platforms and aid with KYC/AML compliance. They want to change the way the world thinks about Blockchain, by ushering in a new era of companies adhering to a higher quality standard than the typical ICO. Companies submit their idea on the BCW website and are automatically vetted thr
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Meet Bitcoin.com’s Cryptocurrency Market Cap Aggregator — Satoshi Pulse

This week the website Bitcoin.com, the go-to web portal for all things Bitcoin, has launched ‘ Satoshi Pulse ’ a cryptocurrency market capitalization page that shows total digital asset market valuations, current prices, hourly – daily – weekly percentages, charts and more. Just like the rest of the informative resources and tools hosted on our website, with Satoshi Pulse, cryptocurrency enthusiasts can get their favorite digital currency’s data in real-time in one easy to find place. Also read: Steps towards Self-Regulation in Croatia and Slovenia Satoshi Pulse: 500 Digital Currency Market Caps The cryptocurrency economy has grown exponentially over the past year and a half, and digital asset proponents are very fond of checking price tickers regularly. Further, some enthusiasts like to view the entire cryptocurrency ecosystem that has more than 1,500 different cryptocurrencies in order to see the value of the asset, and its market performance. There are a few market capitalizati
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Bitcoin in Brief Monday: Outage Downs Telegram, Bitcoin Shines on a Bank

Technical Issues, blockchain plans, and bitcoin pranks – we’ve got a colorful selection of news in today’s Bitcoin in Brief. The popular messaging app Telegram was down for some users in Europe and the Middle East over the weekend, but the problem has been resolved. Also, a bitcoin logo appeared on the facade of the Swiss National Bank building in Zurich. Do you want to know who’s behind the idea? Also read: This Week in Bitcoin: Amazon Wants to Track You and TD Ameritrade Plants a Flag Telegram Cut Off by a Power Outage in Amsterdam The messaging platform Telegram, popular with the crypto community, has experienced some issues over the weekend that hindered communication across Europe, the Middle East, North Africa, Russia and the CIS countries. According to messages posted on social media by its representatives, the interruptions are due to technical reasons. In recent weeks, the company has also faced difficulties following its conflict with Russian regulators. Roskomnadzor h
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PR: How Ubex Uses Blockchain to Disrupt the Advertising Market

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. Cupertino, CA – Ubex is looking to drastically change the digital marketing global industry which earned $229 billion in 2017 and will reach a stunning $335 billion in 2020. They will do so using a innovate new technology called blockchain. In recent years the digital marketing industry turned its eye to blockchain technology that can potentially alleviate or solve many of the issues present in the space today. The blockchain is currently taking the financial sector by storm. 14% of financial market institutions plan to implement blockchain-based services, and these rates are expected to reach 65% by 2020. Digital marketing will follow the financial sector, and Ubex, who utilizes un
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Indian Exchange Launches 23 Crypto-to-Crypto Trading Pairs with Zero Fees

Another Indian cryptocurrency exchange has launched crypto-to-crypto trading. Koinex is offering 23 crypto-to-crypto trading pairs with zero fees. Earlier this week, leading Indian exchange Zebpay also launched crypto-to-crypto trading but with only one trading pair. Also read:  Yahoo! Japan Confirms Entrance Into the Crypto Space Koinex’s Crypto-to-Crypto Trading Indian exchange Koinex announced last week, “We are delighted to announce the commencement of crypto-to-crypto trading on our platform,” elaborating: We are going live with not just one or two crypto-crypto pairs; we are launching a total of 15 token pairs, all at the same time!…This is the largest crypto-crypto pair offering by any Indian exchange and to add to this, the trading fees will be zero. The exchange then announced on Saturday the addition of 8 more crypto-to-crypto trading pairs, set to go live on Saturday night. In addition, the “seller fee has been revised to 0.15% for the INR market. Buyer fee is now
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New Store Sells Cryptocurrencies for Regular Old Cash in Croatia

A “Bitcoin store” has opened doors in Croatia. It sells bitcoin and other cryptocurrencies, and even issues receipts. The shop is a welcome addition to the steadily growing crypto sector in the Balkan country. The team behind the project plans to expand to all major Croatian cities and even other countries in the region. Also read: Steps towards Self-Regulation in Croatia and Slovenia OTC Point of Sale Now Operational in Split The new walk-in point of sale is located in the Croatian city of Split, a famous tourist destination on the Adriatic coast. The store on Hrvatske Mornarice Street currently offers direct sales of bitcoin, ether and other altcoins, Bitfalls reports. The premium is around 5 percent on top of the average prices at Coinmarketcap . Customers are given a receipt and proof of purchase for tax reporting purposes. Bitcoin Store is arguably the first of its kind in the country, and probably on the Balkans. Bitkonan, the Croatian crypto exchange behind the project,
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Hong Kong Alcohol Company Buys 51% of Bitcoin Miner for $60 Million

Regardless of what the central Chinese government tries to do or say, bitcoin and cryptocurrency remain popular investments among everyday people in China. And a new way to get exposure to the ecosystem just materialized for those with access to the Hong Kong market, a publicly traded company entered the mining industry. Also Read: This Week in Bitcoin: Amazon Wants to Track You and TD Ameritrade Plants a Flag Wine and Mine Diginex Limited, a multinational crypto-asset investment company headquartered in Hong Kong has announced it sold a 51% stake of its cryptocurrency mining and high performance computing (HPC) operation for $60 million USD to Madison Group Holdings ( HKG: 8057 ), a distributor of alcoholic beverages. An MOU (memorandum of understanding) between the two companies detailed a number of synergies, including the leveraging of Diginex’s proprietary platform Digiassets that can be used by holders of cryptocurrencies to purchase high value wines and other assets. Madis
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PR: LEEKICO helps Blockchain Network Connectivity Project NKN to Close Successful Crowdfunding

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. Sydney, Australia – LEEKICO, a one-stop-service ICO platform, successfully supported NKN, a project aiming to rebuild the Internet that will be truly open, decentralized, dynamic, safe, shared and owned by the community, completed its highly anticipated token sale on April 19th, 2018. With LEEKICO’s support, NKN collected a total of ETH 24,100. NKN’s early bird sale, which was only opened to participants who were previously whitelisted for the project, started on April 2nd and was completed on April 8th. The main ICO took place on April 19th and collected 70% of the hard cap in the first 3 minutes, with the cap reached shortly after. LEEKICO supported NKN in both stages of the ICO,
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This Week in Bitcoin: Amazon Wants to Track You and TD Ameritrade Plants a Flag

Over the past few days we learned about how Amazon wants to track your bitcoin transactions, why TD Ameritrade planted its flag in the blockchain, and even how close to reality are flying cars. These stories and many more were covered in this week’s daily editions of Bitcoin in Brief. Also Read: Cryptocurrency Mining Accounted for 10% of AMD’s Overall Revenue in Q1 2018 Snatching Blockchain, Tracking Bitcoin On Monday we reported that online retail giant, Amazon, has obtained a bitcoin tracking patent. The company thinks that by collecting data from multiple sources and finding a correlation with transactions it can link a specific bitcoin address with a shipping address, an IP, an email, a bank account, or a social media profile. And the patent specifically notes that police forces may be interested in receiving such data. Meanwhile, Amazon’s main brick-and-mortar competitor, Walmart, has gotten its own blockchain patents. The company plans a vendor payment sharing system that
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