Tag Archives: cryptocurrency

Kim Dotcom predicts US tariffs will drive cryptocurrency growth

Kim Dotcom is predicting that Donald Trump’s burgeoning global trade war will cause stock markets to crash – and lead to a surge in cryptocurrency growth. The internet entrepreneur took to Twitter on Friday to make his predictions as trade tensions between the US and China, and the US and the EU intensified. EU retaliatory tariffs on several US products ...

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Russian government mulls law to register and identify cryptocurrency users – report

The Russian government plans to fight money laundering by only allowing members of the state-run “register of crypto-investors” to mine for and use digital currencies, a popular daily reported. Mass circulation daily Izvestia quoted its unnamed sources “close to the Russian Central Bank and Finance Ministry” as saying that the bill regulating all cryptocurrency operations is already in the works ...

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Russian bank helps Venezuela defy US sanctions on cryptocurrency

The world’s first state-backed digital currency ‘el petro’ launched by Venezuela this year to circumvent US sanctions is reportedly getting help from a Russian bank. According to Associated Press, Russia’s Evrofinance Mosnarbank has become the first international financial institution so far willing to back the petro after US authorities warned potential investors over related risks. Investors who registered with Venezuela’s ...

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WikiLeaks calls for Coinbase boycott after ban from cryptocurrency exchange

WikiLeaks is calling for a global blockade of one of the world’s largest exchanges for crypto-trading, Coinbase, after the company banned the WikiLeaks Shop from its platform “without explanation.” The whistleblowing organization claims the cryptocurrency payments processor is responding to a “concealed influence,” and is urging members of the digital currency community to boycott it. WikiLeaks will call for a ...

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A minor cryptocurrency partners with a major porn network. What could go wrong?

Yesterday brought some interesting news in the cryptocurrency space. In a move that is at once sleazy and ridiculous, PornHub and its tech arm MindGeek announced a partnership with the creators of VergeCoin (XVG), an anonymized cryptocurrency in the vein of Monero that is currently trading at 7 cents, down from an all-time high of about 26 cents during a ...

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Yahoo Japan buys a minority stake in a Tokyo cryptocurrency exchange

Yahoo Japan has gotten its hands on 40 percent of a Tokyo-based cryptocurrency exchange set to launch this fall. The investment, made in BitARG Exchange through a Yahoo Japan subsidiary gives the company a minority stake with BitARG parent company CMD Laboratories still maintaining 60 percent ownership of the exchange. A source told CNBC the deal went for about 2-3 billion ...

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Is the cryptocurrency market quietly dying out?

The skyrocketing price of bitcoin gave rise to ethereum, ripple and other altcoins. However, the bullish market, which has spawned over 1,500 cryptocurrencies, has turned bearish, and some cryptos are imploding. Bittrex, a major US-based cryptocurrency exchange, said it would remove a total of 82 altcoins from ‎its listings by March 30. The majority of the delisted alternative cryptocurrencies have ...

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Venezuela's oil-backed cryptocurrency will be convertible to Russian rubles – President Maduro

The so-called ‘petro’ digital currency, which was successfully launched by Venezuela last month, will be traded for several global currencies, including the Russian ruble. “Starting March 23, all legal and physical entities will be able to purchase the petro directly… within the next 15 days for convertible currencies: yuan, rubles, Turkish liras and euro,” said Venezuelan President Nicolas Maduro. Read more ...

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Japan suspends Binance, one of world’s biggest cryptocurrency exchanges

Japan’s top financial regulator has ordered one of the world’s biggest cryptocurrency exchanges to suspend its operations. The watchdog said Binance was breaking Japanese rules and isn’t properly registered. The Financial Services Agency issued a formal warning to Binance on Friday, ordering it to suspend its services to Japanese residents with immediate effect. The agency said the Hong Kong-based exchange ...

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‘Bitcoin is #1 priority’: NSA targeted cryptocurrency users globally, Snowden leaks show

The US National Security Agency targeted Bitcoin users around the world, according to classified documents released by Edward Snowden. The revelations strike a blow to the financial privacy of bitcoin users, academics warn. The National Security Agency (NSA) managed to find ways to ‘track down senders and receivers’ of Bitcoins, according to an internal NSA report dated March 2013. The findings ...

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