Articles by Author
Cryptocurrency Exchanges Halt ERC-20 Token Deposits Over Critical Ethereum Smart Contract Bug
- Francisco Memoria
- 25 Apr 2018
At least three cryptocurrency exchanges have suspended ERC-20 token desposits, after a critical Ethereum smart contract bug was discovered. The first exchange reported halting deposits was OKEx, the third largest by trading volume.
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MIT Publishes Three Ways Bitcoin Could Be “Brought Down”
- Francisco Memoria
- 25 Apr 2018
The MIT Technology Review recently published an article titled “Let’s Destroy Bitcoin,” authored by tech writer Morgan Peck. In the piece, Peck goes into three ways she sees bitcoin, the flagship cryptocurrency, be “brought down.
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CheapAir Asks Customers For Feedback After Coinbase Shuts Down Merchant Processing Solution
- Francisco Memoria
- 22 Apr 2018
US-based flight aggregator CheapAir, a company that’s been accepting bitcoin payments since 2013, recently published an open letter in which it asks its users for feedback on which cryptocurrency payment processor it should go with to replace Coinbase, as the latter is shutting down its Merchant Tools.
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Russia’s Supreme Court Overturns Cryptocurrency Website Ban
- Francisco Memoria
- 22 Apr 2018
Russia’s Supreme Court recently overturned a court’s decision to ban a cryptocurrency portal that published news and information related to the industry.
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Coinbase Bans WikiLeaks Shop From Its Platform “Without Notice Or Explanation”
- Francisco Memoria
- 21 Apr 2018
Cryptocurrency wallet and exchange service Coinbase, which helps merchants accept cryptocurrency payments, reportedly blocked Wikileaks Shop, the merchandise arm of international non-profit whistleblowing organization Wikileaks, “without notice or explanation.”
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Number of Crypto Jobs Doubled Since January, Says Startup Jobs Site AngelList
- Francisco Memoria
- 21 Apr 2018
AngelList, a popular website used by startups to offer vacancies to job seekers, recently revealed that the number of cryptocurrency-related job openings doubled in little over three months, according to its weekly newsletter.
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60% of Britons Wouldn’t Support Bank of England-Backed Cryptocurrency, Survey Shows
- Francisco Memoria
- 20 Apr 2018
According to a survey conducted by UK-based market research company D-CYFOR, most Britons wouldn’t support a Bank of England-backed cryptocurrency, even if it were linked to the British pound.
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Crypto Exchange Binance Reveals It Has “No Plans For USD In The Short Term”
- Francisco Memoria
- 20 Apr 2018
Binance, one of the world’s biggest cryptocurrency exchanges by trading volume, recently revealed it doesn’t plan on adding crypto-to-fiat trading pairs to its platform for now, as a company spokeswoman revealed reports suggesting it are “fake news.”
Read More..Kraken Reveals It Won’t Comply With New York Attorney General’s “Insulting” Probe
- Francisco Memoria
- 19 Apr 2018
San Francisco-based cryptocurrency exchange Kraken isn’t going to respond to the inquiry New York Attorney General Eric Schneiderman sent 13 different cryptocurrency exchanges. Per Jesse Powell, Kraken’s CEO, the probe is insulting.
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Thailand’s Cryptocurrency Enthusiasts Call For Tax Guidelines Revamp
- Francisco Memoria
- 18 Apr 2018
Cryptocurrency enthusiasts in Thailand, a country that’s set to tax crypto investments, are reportedly fighting for the country’s Finance Ministry to rethink or delay applying taxes to cryptocurrency investments, to keep projects developing within the country.
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Citigroup Looking For Certified Bitcoin Professionals To Curb Crypto Money Laundering
- Francisco Memoria
- 18 Apr 2018
New York-based financial services giant Citigroup is looking for certified bitcoin professionals, seemingly in an attempt to curb the risks of money laundering with cryptocurrencies, as its looking for a vice president and senior vice president to staff up its anti-money laundering group.
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NEO's First Decentralized Exchange Switcheo Posts $2 Million Trading Volume in First Week
- Francisco Memoria
- 18 Apr 2018
The NEO blockchain recently saw its first decentralized exchange (DEX) go live. The platform, Switcheo, comes after its initial coin offering (ICO) raised about $8.5 million, and reportedly already saw a $2 million 24-hour trading volume in its first week.
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Bitcoin Climbs To $8,100 As Crypto Market Eyes $350 Billion Mark
- Francisco Memoria
- 18 Apr 2018
Bitcoin, the flagship cryptocurrency, recently bounced to $8,100 from a recent dip that saw its value go down to $7,900. The cryptocurrency’s speedy recovery, coupled with gains seen by other coins, has helped the market hit $334 billion, eyeing the $350 billion mark.
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Bank of Lithuania Initiates Dialogue Between Crypto Investors, Banks, And Regulators
- Francisco Memoria
- 15 Apr 2018
Bank of Lithuania, the country’s central bank, is reportedly opening up to cryptocurrencies, as it recently initiated a dialog between cryptocurrency traders, commercial banks, and government regulators in the country. Reportedly, the country is looking to become a fintech hub.
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Latvia May Impose 20% Capital Gains Tax On Cryptocurrency Transactions
- Francisco Memoria
- 15 Apr 2018
Latvian authorities may impose capital gains tax on cryptocurrency transactions, according to a Finance Ministry official. The move would see Latvia cash in on the crypto craze that’s already seeing transaction volumes in the country surge.
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Employees Are Taking Over Employers’ Computers To Mine Cryptos
- Francisco Memoria
- 15 Apr 2018
The chief executive of a renowned cybersecurity frim recently claimed that employees are increasingly taking over their employers’ computers to mine cryptocurrencies like bitcoin, according to a report published by Business Insider.
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Backpage CEO Pleads Guilty To Using Cryptocurrencies For Money Laundering
- Francisco Memoria
- 14 Apr 2018
The chief executive of listings website Backpage, Carl Ferrer, recently plead guilty to one count of conspiracy, and three counts of money-laundering, according to a recently revealed plea agreement. Ferrer reportedly used cryptocurrency exchanges to launder part of the website’s revenue.
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Nobel Laureate Robert Shiller Argues Bitcoin Is Example Of “Faddish Human Behavior”
- Francisco Memoria
- 14 Apr 2018
Yale economist Robert J. Shiller, who won the Nobel Prize in Economics in 2013 for his work on “Trendspotting in asset markets,” has recently argued that bitcoin is “sort of a bubble,” and a perfect example of “faddish human behavior.”
Read More..Bitcoin Hits $8,000 After Breaching Key Levels In Its Best Day Since December
- Francisco Memoria
- 12 Apr 2018
Bitcoin (BTC), the flagship cryptocurrency, recently surged over $1,000 in about 30 minutes, after it broke past key levels, according to analysts. The rally saw bitcoin surpass the $8,000 mark, before falling back to $7,700 at press time.
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EOS Surges 30%, Becomes Fifth-Largest Cryptocurrency Ahead Of Incoming Token Airdrop
- Francisco Memoria
- 12 Apr 2018
EOS, a blockchain-based platform used for the development of decentralized applications (DApps) is currently engaged in a bull-run that helped its price surge over 30 percent, ahead of an incoming token airdrop. The surge helped EOS become the fifth-largest cryptocurrency by market cap.
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Ledger’s Bitcoin Cash Users Were Unable To Access Funds For Over 2 Days
- Francisco Memoria
- 11 Apr 2018
Popular hardware wallet Ledger recently faced its customers’ criticisms, as its users were unable to access their Bitcoin Cash (BCH) funds for over two days. The company reportdly failed to keep up with the cryptocurrency’s recent update, and to properly update users on what was going on.
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Bitcoin and Ethereum Trading at a Discount in Russia as Ruble Plummets
- Francisco Memoria
- 11 Apr 2018
Bitcoin and Ethereum, the top two cryptocurrencies by market cap, are currently trading at a significant discount in Russia, at a time in which the country’s fiat currency, the Ruble, is plummeting
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Monero’s Hashrate Drops Over 80% After ASIC-Resisting Hard Fork
- Francisco Memoria
- 9 Apr 2018
Privacy-centric cryptocurrency Monero (XMR) recently saw its hashrate drop over 80 percent, after it upgraded its proof-of-work algorithm to resist specialized Cryptonight ASIC miners, which some feared could harm the cryptocurrency.
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Controversial Twitter Account @Bitcoin Suspended, Seemingly Taken Over
- Francisco Memoria
- 8 Apr 2018
A controversial Twitter account using the handle @bitcoin has recently been suspended by Twitter, and subsequently seemingly deleted, as it is apparently under a new owner’s control. The Twitter handle was recently embroiled in controversy because of bitcoin’s scaling debate.
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First Bitcoin Lightning Network Wallet App Removed From Google Play
- Francisco Memoria
- 8 Apr 2018
Bitcoin’s first Lightning Network-enabled wallet app, Eclair Wallet, has recently been removed from Google’s Play Store by the developers, as they lost access to the app’s signing keys. This, as the developers noted on social media, prevents them from fixing bugs and working on the app.
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