Scientists have raised a new alarm over climate change, this time showing concern over Bitcoin’s carbon footprint. Scientists are gravely concerned over Bitcoins impact on the earth’s global warming. The report posted on nature.com extrapolates data that currently exists on…
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Chinese Merchants Can Now Accept Crypto Payments without Getting into Trouble
Authoritative and dependable Chinese crypto publication, CnLedger, has reported that Chinese merchants are now legally allowed to accept cryptos as payment methods. Reports further state that the Shenzhen court of international arbitration has officially recognized Bitcoin as property, a move that…
Unocoin Co-founder Arrested for Setting up Bitcoin ATM in India
37-year-old Harish BN was apprehended this week by the cyber crime police unit in Bengaluru India, for reportedly running a Bitcoin ATM without the relevant approvals. Harish is the cofounder of Unocoin, a blockchain based company responsible for setting up…
23 year old Woman Arrested for 65,000 Crypto Hack in Sydney Australia
Crypto crimes continue to rear their ugly head with a new incident reported in Sydney Australia where a 23-year-old young woman was apprehended for stealing $65,000 worth of crypto from a 56-year-old man. The lady as reported by the Brisbane…
Fidelity’s Heavy Endorsement Could See Crypto’s Stature as an Asset Class Solidifed
The world’s fourth-largest asset manager, Fidelity launched its crypto custody October 15th. Abigail Johnson the asset management firm’s CEO stated that the firm’s long-term strategy was to make Bitcoin and the rest of the crypto space more accessible to budding…
South Korean Financial Services Commission Reiterates its Hard Stance on ICO’s and Crypto
The head of Korea’s Financial Services Commission Choi Jong-Koo has reiterated his negative stance on digital currencies and Initial Coin Offerings (ICOs), according to an October 11 report by Business Korea. The chairman of Korea’s top financial commission spoke at…
Hedge Fund CEO Says Bitcoin Price Will Rise, But Gives Stark Warning
BITCOIN price has dropped over simultaneous unreliability issues over the future of cryptocurrency, even so, the price will rise again according to hedge fund manager Dan Morehead with a flinty warning. According to CEO of Pantera Capital, Dan Morehead, bitcoin…
Iceland Soon to Shift from Crypto Mining to Pure Blockchain Business According to Insiders
The small country of Iceland is on the news again. After the county went onto the spotlight two years ago after a dominant display by the Men’s football national team at the FIFA Euro 2016 grand stage and subsequently at…
Leaked NSA Software tip Causing Bitcoin and Monero to Becoming targets for Hackers
It has been revealed that hackers are illegally generating Bitcoin, Monero and other cryptocurrencies by making the most out of a software flaw leaked from the United States government. This information raises serious questions about the security of one of…
Bitcoin Shows Sign of Life, Still Struggling to Break Out of Downward Channel – Technical Analysis
We are heading towards the final quarter of the year, and the cryptocurrency market is still on a tailspin. Last 2017, it was around this time that the cryptomarket boomed uncontrollably and Bitcoin eventually reached its all-time high. As of…