Facebook Partially Reverses Crypto Ads Blanket Ban, Whitelists Coinbase
Earlier in 2018, Facebook, Twitter, and Google banned cryptocurrency related advertisements in an effort to reduce crypto scams. According to Coinbase’s CEO Brian Armstrong, Facebook has partially reversed its blanket ban of all cryptocurrency ads by whitelisting Coinbase, the top cryptocurrency exchange based in the United States. This is positive news for the crypto space, […]
Costa Ricans Happy To Receive Crypto Paychecks in Growing Trend
Costa Ricans are disregarding banks in the Central American country and increasingly employees are turning to Bitcoin for paychecks. According to a report in the Costa Rica News, the popularity of cryptocurrency is on the rise, with ATMs readily available and more businesses now accepting Bitcoin, despite the government’s declaration that digital currencies are outside […]
OKEx and Malta Stock Exchange to Launch OKMSX Crypto Exchange by Q1 2019
OKEx, which is among the top 3 cryptocurrency exchanges in the world by trading volume alongside Binance and Huobi, is partnering with the Digital and Fintech arm of Malta Stock Exchange Holdings to create a new crypto exchange called OKMSX. A memorandum of understanding was signed between the parties on 19 July 2018. Plans will […]
China’s Bitcoin Rich Desert China for Overseas Real Estate
China’s Bitcoin nouveau riche are taking their profits overseas in search of the perfect real estate opportunity, according to Coindesk. It appears that California and the UK, notably London, are on top of successful Chinese entrepreneurs’ hit list of favorite locations for an investment in property or second residence. This choice is reported to be […]
BitMEX CEO Calling For Extreme Bitcoin Price Volatility During 2nd Half Of 2018
Arthur Hayes, the CEO of the Bitcoin Mercantile Exchange (BitMEX) which is recording billions of dollars in daily trading volume, thinks there will be extreme volatility in the Bitcoin market during the rest of 2018. He believes that the July 2018 Bitcoin rally which started with a price rise from USD 6,200 to USD 7,500 […]
Bitcoin Futures Trading Volume up 93% From Q1 to Q2 in 2018 on CME
Bitcoin futures contract trading volume on the Chicago Mercantile Exchange (CME) is up 93% from Q1 to Q2 in 2018, with average contracts traded per day increasing from 1,854 to 3,577. Each contract is equivalent to 5 bitcoins, so in Q2 an average of 17,885 bitcoins were transacted per day on the CME futures market, […]
HashFlare Cloud Mining Service Terminates All Bitcoin Mining Contracts
HashFlare was one of the most popular services offering Bitcoin cloud mining until they abruptly terminated all Bitcoin mining contracts on 20 July 2018. Apparently, there is a clause in their terms of service that if maintenance and electricity fees become higher than mining revenue then they have the right to permanently terminate mining contracts. […]
Is Coinbase Turning Political With Its New Action Committee?
The U.S. Federal Election Commission revealed this week that Cryptocurrency exchange giant Coinbase has formed a Political Action Committee (PAC). The role of PACs in the US is that of a fundraiser for candidates running for public office. At the U.S. federal level, an organization becomes a PAC when it receives or spends more than […]
Huobi Cloud Makes It Easier Than Ever to Launch a Crypto Exchange
Huobi has launched the Huobi Cloud, which allows individuals and organizations to easily create a fully functional cryptocurrency exchange. Huobi Cloud intends to be a one-stop solution for building a secure and stable crypto exchange and aims to accelerate the advancement of the crypto space by sharing Huobi’s technology with the world. Crypto exchanges created […]
Now You Can Tokenize Your Classic Car On the Blockchain
The Mobility Open Blockchain Initiative (MOBI) could well be the next big blockchain experience for car owners. But, Proexus, a new startup is taking it to the next step, showcasing where blockchain technology can take the automotive industry. MOBI aims to speed up the adoption of blockchain in the motor industry and with 30 companies on […]
