Bitcoin Drops Below $5,000 as Crypto Markets See $13 Billion Sell-Off

Bitcoin Drops Below $5,000 as Crypto Markets See $13 Billion Sell-Off

It’s the biggest sell-off since mid-July. At press time, the total value of all publicly traded cryptocurrencies was $166 billion, a figure that was down more than 7 percent from a high of nearly $180 billion last night. That’s when bitcoin, surging on technical improvements and growing investor optimism, topped $5,000 on the CoinDesk Bitcoin […]

Russia Could Pass Cryptocurrency Law This Year, Senior Lawmaker Says

Russia Could Pass Cryptocurrency Law This Year, Senior Lawmaker Says

An official for Russia’s national legislature believes that new laws regulating the exchange of cryptocurrencies will be complete by the end of the fall. Anatoly Aksakov, who leads the State Duma’s financial markets committee, told Russian media this week that next steps involve the formation of a dedicated working group to address the issue. Further, he said […]

Litecoin Surges to New High Amid Buoyant Cryptocurrency Markets

Litecoin Surges to New High Amid Buoyant Cryptocurrency Markets

  Via CoinMarketCap Markets continue to be buoyant today with gains across many of the top cryptocurrencies, including most notably, perhaps, litecoin. The digital asset once dubbed “the silver to bitcoin’s gold” passed $78 to achieve a new all-time high at 06:54 UTC this morning, according to CoinMarketCap data. Standing at $75.57 at press time, litecoin has increased by 17.28 percent over the […]

Weeks After Seizure, Troubled Bitcoin Exchange BTC-e Is Back Online

Weeks After Seizure, Troubled Bitcoin Exchange BTC-e Is Back Online

BTC-e, the bitcoin exchange charged by US authorities last month with a host of money laundering crimes, has launched a new website weeks after its original one was seized by law enforcement. The site is accessible through the domain btc-e.nz, though it appears that users in some parts of the world, including the U.S., are not able to […]

Chinese ICO Site Suspends Services Amid Reports of Regulator Scrutiny

Chinese ICO Site Suspends Services Amid Reports of Regulator Scrutiny

A platform for investing in initial coin offerings (ICO)s in China has suspended its services as government officials reportedly begin scrutinizing the funding model more closely. ICOINFO, in a notice posted to its website, cited “a shifting regulatory environment” in its decision to freeze its platform. Users can contribute funds to the token sales that are […]

Creator of World’s First Bitcoin Fuel Pump Plans Lightning Support

Creator of World’s First Bitcoin Fuel Pump Plans Lightning Support

The creator of the first ever commercial fuel pump to accept bitcoin has revealed a plan to add Lightning Network functionality to his design. The original machine, designed and built by Andy Schroder in 2014, allows users to scan a QR code and send bitcoin instead of more traditional means of payment. Schroder now wants to adapt his design to incorporate the […]

Putin Advisor Announces New Blockchain Advocacy Group

Putin Advisor Announces New Blockchain Advocacy Group

The chief internet advisor to Russian President Vladimir Putin has announced the creation of a new association focused on blockchain and cryptocurrency, reports say. According to local news source RNS, Herman Klimenko revealed the new group – the Russian Association of Blockchain and Cryptocurrency (RABIK) – yesterday during an industry discussion regarding the technicalities of initial coin offerings, or […]

Jaguar-Backed Blockchain Startup Wants to Trade Tokens for Transport Data

Jaguar-Backed Blockchain Startup Wants to Trade Tokens for Transport Data

A UK-based startup has announced an ethereum-powered platform aimed to reward users for sharing their transport data. DOVU, which reportedly already has notable investors on board, plans to create a secure environment for individuals and companies to share any data relating to mobility – such as location, distance traveled and weather conditions. According to TechCrunch, the startup has already received […]