The Big Crypto Acquisition: Wall Street Backed-Circle Acquires Cryptocurrency Exchange Poloniex

Author – Sam Fintech startup Circle Internet Financial Ltd reported it acquired Cryptocurrency Exchange Poloniex the 14th largest crypto exchange by 24 hours trade volume. The acquisition makes it a close rival for the Coinbase one of the largest crypto…

Bitfinex exchange and Tether under US Scrutiny, ING Confirms Bitfinex has an account with it

Author – Sam Reads The U.S. Commodity Futures Trading Commission (CFTC) sent the exchange a subpoena on 6th December last year. Wells Fargo ended its relationship with the digital currency exchange last year too. Bitfinex one of the largest crypto…

LTC: The LitePay Effect and the Chinese New Year’s Eve

Author – Waldo Alencar – 02/23/2018 On last December, Litecoin ($LTC) reached its All Time High, first hitting a high of $380 on December 19th. The currency then crashed again with lows of $113 on early February. Nevertheless, suddenly, Litecoin…

African cryptocurrency market: Nigerian Senate Committee to Discuss possible Cryptocurrency Measures

Author – Sam Reeds – UK Africa’s most populous country, Nigeria, is set to deliberate on possible ways to regulate cryptocurrencies. The country is well known for online scamming commonly referred to as K-9 scammers globally. Nigeria’s Senate Committee on…

The Future of Bitcoin Looks Bright with the Arrival of SegWit on Bitfinex and Coinbase

SegWit, or Segregated Witness, is the soft fork change in Bitcoin’s transaction, which has also been applied on other cryptocurrencies such as Litecoin, Vertcoin, and Digibyte. It is a protocol improvement that improves and facilitates scaling. In this way, users…

IMF Chief Lagarde & United States Treasury Says Global Cryptocurrency Regulations are Inevitable

Author – Sam Reads, UK The head of the International Monetary Fund, Christine Lagarde, recently warned that the international community and regulators should take early action on the cryptocurrencies. She further said that digital currency regulations are “inevitable.” IMF purpose…

Law enforcement: Bitcoin Scam Artist Arrested in UAE after Conning Client $545K

Author – Sam Reads, UK A bitcoin Scam Artist in the United Arab Emirates was arrested after scamming a client $545,000; the stolen cash was recovered Digital currencies have created a new wave of crime that is spreading all over.…

China Regulations: China Restricts Access to Foreign Cryptocurrency Trading

China is taking its last crackdown on digital currency markets as it moves to block all websites, both domestic and foreign associated with crypto trading and Initial Coin Offering (ICOs). Financial News, a newspaper run by the China’s central bank…

ICOs Regulation: Gibraltar Moves to introduce “world First” ICOs Regulations

In the coming few weeks, the Gibraltarian government together with Gibraltar Financial Services Commission (GFSC) –the territory financial watchdog will present a draft law that will regulate ICOs in the British overseas territory. The regulations come as the ICO market…

India cryptocurrency Regulation: Media Misinterprets India Bitcoin Stand – But to Be Tough on the cryptocurrencies.

Author -Anujit India  will not ban cryptocurrencies or crypto exchanges and trading! In the past few days, India has been the main focus as reports of an imminent ‘ban’ on bitcoin and other cryptocurrencies looming in the country. However, India…