Bitcoin, Ethereum and bitcoin cash soar as the crypto market recovers

The crypto market seems to be recovering from a turbulent season as major coins soar in price. The valuation of the crypto market over the past 24 hours has been estimated at $127 billion up from $115 billion with most…

Bitcoin Price to Stay Range-bound For the Next 3 to 6 Months According to Civic CEO Vinny Lingham

The CEO of identity management startup, Civic, Vinny Lingham, said that he expected the Bitcoin prices to be stuck in a range for the next 3 to 6 months. In an interview with CNBC’s “Fast Money”, Lingham suggested that the…

“Crypto Markets will Rebound Next Year” According Galaxy Digital’s Mike Novogratz

The crypto-markets have looked grim throughout 2018, with investors seeing most of their crypto portfolio stuck in the red.  Things are set to change soon though according to ex-Goldman Sachs partner and Galaxy digital founder, Mike Novogratz. Mike is off…

Norway Scraps Electricity Subsidies for Norwegian Bitcoin Mining Firms

Aftenpost, Norway’s largest newspaper, has confirmed that the Norwegian government will stop giving electricity subsidies to crypto mining firms in the country. Bitcoin mining firms in the country had been paying a lowly $0.05 per kilowatt which will soon rise…

Survey Shows that Bitcoin’s use as a Payment Option has Declined in 2018

A chainanalysis study cited by Reuters this past Tuesday shows that the commercial use of Bitcoin (BTC) has dropped considerably this year. Chainanalysis reportedly conducted a survey on 17 Bitcoin payment processors in preparation for the study. The survey showed…

Bitcoin (BTC) Ahead with Gains: Drops Back Again with Another Dip

Bitcoin, the first and the original cryptocurrency, has seen its lowest price in 2018 by declining to 4,446$ and at one point going even slightly below the initial price. The crypto was able to take a brief pause with the…

Bitmain Sues Hacker for Alleged Theft of over 5.5 million in Virtual Assets

Chinese based Bitcoin mining giant Bitmain, has sued an anonymous hacker for the alleged theft of 5.5 million worth of crypto from the mining company’s account back in April. The lawsuit was filed with the US District Court for the…

Scientists Say that Bitcoin Adoption Could Exacerbate Global Warming

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…

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…