Monthly Archives: August, 2017

East Asia’s “Ghost Month” Scare May Explain Flat Trading in Certain Altcoins

The digital currencies NEO, OmiseGo and TenX are experiencing slight or no movement during trading as of late August 2017 when compared to previous...

Venezuelan Bitcoin Miners Turning to Ethereum After Government Crackdown

An increasing number of Venezuelans are shifting to mining digital currencieslike Bitcoin so that they can afford to buy their basic needs and survive due to the...

Major Payment Processor Files Patent for Blockchain-based ATM Network

China UnionPay has filed a patent for a system that utilizes Blockchain technology to connect a network of automated teller machines (ATMs). Under the concept, a group of...

Vietnam Is Preparing to Legally Recognize Bitcoin

Vietnam's prime minister has approved a plan that could see the country formally recognize bitcoin as a form of payment by 2018. According to regional news...

Tether Case, Explained

1. What is Tether? Tether is a cryptocurrency that represents real currencies in a Blockchain market. The project was founded in November 2015. It has two tokens...

SEC Suspends Trading of Publicly Listed Bitcoin Firm

The U.S. Securities and Exchange Commission (SEC) has issued a temporary suspension of First Bitcoin Capital, a publicly-traded bitcoin firm based out of Canada. According...

Canada Looking To Classify Digital Currencies As Securities

In studying a number of cryptocurrencies and upcoming ICOs, Canadian authorities have said that the offerings are similar to the sale of securities and...

Why Did Litecoin Hit $50 For the First Time in August?

Litecoin price surpassed the $50 mark for the first time in August due to two major factors: compatibility with bitcoin as a result of...

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