Category Archives: Cryptocurrency News

Cryptocurrency transactions to exceed $1trn by year-end: report

A new report has forecast that the value of cryptocurrency transactions will surpass the $1trn milestone before the end of 2017. Should the forecast come true, it would represent growth 15 times larger than the previous year. The report, The Future of Blockchain: Key Vertical Opportunities & Deployment Strategies 2017-2022, states that the first half […]

Ripple Cryptocurrency Woos China’s Central Bank

Ripple is a venture-backed startup that provides global financial settlement solutions that reduce the total cost of settlement by enabling banks to transact directly and instantly, while ensuring certainty. It aims to “enable the world to exchange value like it already exchanges information—giving rise to an Internet of Value (IoV).” Over time, ripple has expanded […]

bne IntelliNews – Russia makes first cryptocurrency arrest

Russian law enforcement authorities have made their first cryptocurrency-related arrests, detaining three people on suspicion of illegally trading RUB500mn or around $9mn worth of bitcoin, Vedomosti daily reported on September 1. Cryptocurrencies have been high up in the Russian headlines with the Moscow Exchange (MOEX) joining the growing Russian blockchain craze and preparing infrastructure for a […]

Burger King Russia Launches New Cryptocurrency

In the fast-moving world of digital currencies, it can be surprising which companies take the lead on new innovations. Burger King Russia has now shown itself to be a ready and willing adopter of the popular new technology and trend for a second time. Earlier in the year, the fast food chain’s Russian branch made […]

Bitcoin Sets Another Major Milestone Despite Chinese Regulations

Just when everything looked perfect for Bitcoin, one swift move from a global powerhouse sent prices sharply dropping. Bitcoin briefly hit glory earlier this week by reaching $5,000 per bitcoin. However, just hours later, Chinese regulators announced it would ban organizations from raising funds by selling cryptocurrencies.  In a matter of moments, the price fell […]

Cryptocurrency Crackdown Sparks a Rush to Gold

Cryptocurrency Crackdown Sparks a Rush to Gold $BTCUSD, $GLD, $BAC Market guru Mark Mobius said he is sensing danger in the explosive growth of cryptocurrencies. Governments will begin clamping down on digital currencies because of their use in illicit financing, with terrorist groups to drug dealers contributing to their rise, Mr. Mobius, Executive Chairman at […]

Cryptocurrency payments platform UTRUST sells out its ICO in 90 min…

UTRUST , the world’s first cryptocurrency payments platform to implement consumer protections on a mass scale, today announces its pre-ICO sold out in 90 minutes raising over US$1.5m. The initial fundraising precedes the first round of the public ICO that’s due to commence on September 20th, 2017 at 1400 (BST) with a higher cap set […]

Cryptocurrency boom stalls as regulators focus on ICOs | Technology

Thelatest cryptocurrency boom is beginning to stall as regulators worldwide turn their attention to the “initial coin offerings”, which have driven a precipitous rise in the sector’s market value reaching a high of $177bn (£136bn). The total value of the hundreds of tracked cryptocurrencies has fallen by more than 18% to $145bn since Friday’s high, […]

Cryptocurrency crackdown in China as authorities aim to make IOCs illegal

China banned the raising of funds using token-based digital currencies and deemed the practice illegal on Monday, in a move seen as an attempt to impose more regulations on the virtual market. The move by the Chinese government was reported by Chinese financial news outlet Yicai, and comes as the initial coin offerings (ICO) market […]

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