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Turning Back the Clock: Investor Pays Almost $20,000 a Bitcoin in Trading Gaffe

Turning Back The Clock: Investor Pays Almost $20,000 A Bitcoin In Trading Gaff

Due to a glitch this week, a small Brazilian cryptocurrency exchange turned back the clock selling cryptocurrency at 2017 prices which finally hit USD 19,000 by the end of the day. The problem was down to a local exchange TemBTC selling to a trader who placed a large market order, which effectively “cleaned” the platform’s thinly-traded order book. Records indicate …


Samba School to Depict History of Money to Bitcoin in Rio Carnival

Samba School to Depict History of Money to Bitcoin in Rio Carnival

This year’s iconic Rio Carnival at Marquês de Sapucaí Sambódromo is to feature a performance depicting the history of money from the development of early 7th century coins to Bitcoin. “Give Me Some Money“, is the work of, no not Abba, but prominent Brazilian samba school Imperatriz Leopoldinense, who are currently working on their entry for this year’s Carnivale. The …


Chile Central Bank: Crypto Needs Legal Framework to Substitute Fiat

Chile Central Bank_ Crypto Needs Legal Framework to Substitute Fiat

Traditional money will not be substituted by cryptocurrencies in near future, stated the Central Bank of Chile (Banco Central de Chile, BCC) in a comprehensive report on digital assets. The report was made on a special request of the Tribunal de Defensa de la Libre Competencia (TDLC). The document can be considered official as it was signed by Mario Marcel, …


Argentinians Can Now Use Bitcoin for State Transport

Argentinians Can Now Use Bitcoin for State Transport

Argentinians can now pay for the state public transport system Sistema Único de Boleto Electrónico (SUBE) with Bitcoin. Ya podés cargar tu @TarjetaSUBEok con #bitcoin en https://t.co/kS1u1cZ7SJ 🚌🚎#ViajoConBitcoin #BondiConBitcoin #IntegraciónBitex #API #LoImposibleSeVolvióSimple pic.twitter.com/3dkWszeFDh — Bitex (@bitexla) February 6, 2019 This has been made possible by Alto Viaje, the platform that is used to top up commuter SUBE cards, in a …


North America: Crypto and Blockchain News Roundup 2-8 February 2019

North America

North America Welcome to another weekly blockchain news roundup from around the world. Here we present to you all the latest Bitcoin news continent by continent and country by country. The United States Leaked Info Show Possible ETF Regularization: SEC commissioner Robert Jackson’s comments, reportedly leaked before the press shows some optimism for a Bitcoin ETF regularization process from the …


South America: Crypto and Blockchain News Roundup 2-8 February 2019

South America

South America Welcome to another weekly blockchain news roundup from around the world. Here we present to you all the latest Bitcoin news continent by continent and country by country. Brazil Bitcoin’s Presence in the Carnival: Rio Di Janeiro’s extravagant carnival that draws thousands of people from around the world is likely to be full of crypto references in the …


Blockchain Association of Canada Merges with Chamber of Digital Commerce

Blockchain Association of Canada Merges with Chamber of Digital Commerce

The Chamber of Digital Commerce, Canada’s largest blockchain trade association, has decided to join hands with the Blockchain Association of Canada (BAC). The new organization will be named as the Chamber of Digital Commerce Canada. An official press release on the website of the Chamber of Digital Commerce confirmed the news of this partnership. Tanya Woods, executive director and policy …


Venezuela’s New Crypto Bill Now Law, but for How Long?

Venezuela’s New Crypto Bill Now Law, but for How Long_

Venezuela’s new cryptocurrency legal framework originally introduced by the country’s Constituent National Assembly came into force on 31 January. But will it last? The question now remains how long will the legislation hold in its current form due to civil unrest, and most importantly a possible change of power; one which could introduce a path to a more liberal attitude toward …


Crypto Fund Strategies Edge Out Hedge Fund Models

Crypto Venture Fund Strategies are Beating Hedge Fund Models

A report from Bloomberg shows the changing nature of cryptocurrency investment, with crypto venture fund strategies surpassing their hedge fund counterparts for the first time. The reason for this shift is suspected to be the changing conditions brought by the ongoing bear market and the collapse of initial coin offerings (ICOs) in the wake of the increased regulation from the US. …


Fidelity Bitcoin Custody Service Coming in March

Fidelity Bitcoin Custody Service Coming in March

Multinational financial services corporation Fidelity Investments is reportedly giving itself a March deadline to launch its Bitcoin custody service. Bloomberg reports three people familiar with the matter confirmed the March target, although the sources were not named. The cryptocurrency custody solution is being developed to service the much anticipated institutional investors entering the market; retail investors will be unable to access the …


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