Tether Reopens Direct USD Redemption

Tether Reopens Direct USD Redemption

Tether Limited has announced that it has re-enabled direct redemption of its native token USDT for US dollars through its own wallet. It expects this to help stabilize the price of USDT after two months of volatility. This announcement is due to the new banking relationship between Tether Limited and Deltec Bank in the Bahamas. […]

Nasdaq Full Steam Ahead on Bitcoin Futures, New Target Q1 2019

Nasdaq Full Steam Ahead on Bitcoin Futures, New Target Q1 2019

Bloomberg has reported that Nasdaq Inc has decided to move forward with its plans to list Bitcoin futures and this could happen as soon as the first quarter of 2019. Nasdaq is following up on its initial plans in November 2017 to launch Bitcoin futures in 2018, doing so in the hopes of sustaining a long-term […]

Ads for Used Rigs Up 25% as Russian Mining Takes a Hit

Ads for Used Rigs Up 25% as Russian Mining Takes a Hit

As Bitcoin tumbled to new lows on cryptocurrency exchanges last week, Russia saw a significant rise in the number of second-hand mining rigs available for sale. Online Russian marketplace Youla reported a 24% increase of used rig sales in that week, indicating that many of the country’s amateur cryptocurrency miners where ceasing their mining activities and […]

Sweden Hopes to Benefit from Norwegian Mining Exodus

Sweden Hopes to Benefit from Norwegian Mining Exodus

Swedish media have reported that the country is expecting a wave of interest from crypto mining companies currently conducting business in Norway, due to the Norwegian government cutting tax subsidies from January 2019. Norway’s government is putting more pressure on cryptocurrency mining by following through with the threat that it was considering removing electricity tax […]

OKEx Seeks Branding Boost with English Premier League Partnership

OKEx Seeks Branding Boost with English Premier League Partnership

Malta-based leading global Bitcoin exchange OKEx has partnered with England’s prestigious football showcase, the Premier League, in order to raise its profile among football supporters. Prominent trading data outlets cite OKEx as one of the largest cryptocurrency exchanges in the world. In August 2018, both Live Coin Watch and the CoinMarketCap listed it as the […]

Bitmain Faces $5 Million Lawsuit for Unfair Pre-Configuration of Mining Rigs

Bitmain Faces $5 Million Lawsuit for Unfair Pre-Configuration of Mining Rigs

Bitmain, the largest manufacturer of cryptocurrency mining equipment in the world, is being sued for USD 5 million in a class action lawsuit filed in the United States District Court of the Northern District of California. Plaintiffs allege that the manufacturer pre-configured rigs to run at full power, directing cryptocurrency mining revenue to itself before users […]

Bitcoin Black Friday Parody Hits Right Note with Young Investors

Bitcoin Black Friday Parody Hits Right Note with Young Investors

A video parodying American YouTuber and singer Rebecca Renee Black’s 2011 single “Friday” has already won 1,200 young admirers. Black gained extensive media coverage when her hit single went viral on YouTube and other social media sites. “Friday” was derided by many music critics and viewers, who dubbed it “the worst song ever” but this […]

BitcoinNews.com Daily Podcast 25th November 2018: Ohio Accepts Bitcoin for Tax Payments

BitcoinNews.com Daily Podcast, 4th October 2018

Listen to the 25 November 2018 BitcoinNews.com Daily Podcast below [su_audio url = “https://anchor.fm/s/58aba88/podcast/play/1787259/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fproduction%2F2018-10-26%2F6038704-44100-2-7cc4799d02434.mp3”] On this edition of the BitcoinNews.com Daily Podcast, we discuss the current state of the crypto market, as well as how Ohio is now accepting Bitcoin for tax payments. Hear about how Ethereum will be doing a hard fork in 2019. Learn […]

UK FCA Investigates 50 Crypto Businesses for Unlicensed Operations

UK FCA Investigates 50 Crypto Businesses for Unlicensed Operations

UK’s Financial Conduct Authority (FCA) is now investigating 50 cryptocurrency-related businesses on suspicion of operating without a license, as reported by The Telegraph. The news comes from a Freedom of Information request by The Telegraph, with the FCA telling about number of suspects it has who might be violating financial laws and regulations. The number […]

Malaysian Crypto Issuers Must Get Central Bank Approval

Malaysian Crypto Issuers Must Get Central Bank Approval

Any party that intends to issue cryptocurrency in Malaysia should get approval from Bank Negara Malaysia (BNM), the Asian country’s central bank. This stance of the Malaysian Finance Minister, Lim Guan Eng, was reported by New Straits Times, a local English language news platform. The Finance Minister said so when a Malaysian Parliament member, Dr […]