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US Defence Department Facility to Become Crypto Mining Data Center

US Defence Department Facility to Become Crypto Mining Data Center

A Nevada-based cryptocurrency investment company is planning to convert a US Department of Defense facility into crypto mining data center. The company, Wuhan General Group (China) Inc, has seized the opportunity to use the redundant facility, originally called the Defense Department Data Center, for its mining project which will eventually be able to tap into a power supply able to …


SEC Halts Trading of Sole Bitcoin ETN in US

SEC Halts Trading of Sole Bitcoin ETN in US

The United States Securities and Exchange Commission (SEC) has halted trading of the first and only Bitcoin exchange-traded note (ETN) available in the United States. The ETN Bitcoin Tracker One, under the symbol CXBTF, had only been trading in the United States since mid-August 2018. The SEC says the halting of the Bitcoin Tracker One ETN is only temporary until …


Irish Blockchain for Women Demystifies New Technology

Irish Blockchain for Women Demystifies New Technology

Blockchain Women Ireland has (BWI) been founded in the Irish Republic to further advance awareness of the blockchain sector in the country. The idea behind the new group is to promote blockchain as a potential career for women and also keep the community up to date with educational opportunities in the industry. Ireland currently has a forward-thinking approach to blockchain …


OKCoin USA Expands from California to 20 More States

OKCoin USA Expands from California to 20 More States

OKCoin USA, the United States affiliate of OKCoin, has expanded to 20 other states after previously only being available in California since launching in July 2018. In California alone, OKCoin USA was generating USD 700,000 of trading volume per day, about BTC 1,000, and now those volume numbers should climb since OKCoin USA will be available to potentially millions of …


€3 Million Palazzo Mansion in Malta Can Only Be Purchased with Bitcoin

€3 Million Palazzo Mansion in Malta Can Only Be Purchased with Bitcoin

The EUR 3 million Palazzo mansion in Valletta, the capital of Malta, is being sold for Bitcoin only. The current price tag of BTC 550 is unique since it would be the biggest crypto real estate transaction in Malta’s history, a nation which has been called Blockchain Island. Additionally, in the past large real estate deals that allowed Bitcoin also allowed …


Bank of Russia Reports Successful ICO Experiment

Russia Reports Successful ICO Experiment

The deputy director of the Bank of Russia (BoR) has said that the central bank’s initial coin offering (ICO) trial experiment was a ”technical” success. Local news outlet TASS reports that Ivan Semagin relayed the message during the Eastern Economic Forum in Vladivostok, Russia on Monday. Semagin detailed to the forum attendees that BoR held the trial ICO to test the existing infrastructure …


OKEx, OKCoin Founder Star Xu Taken into Custody for Fraud Investigation

OKEx, OKCoin Founder Star Xu Taken into Custody for Fraud Investigation

Star Xu, the founder of crypto exchange OKEx, has briefly been taken into custody by police in Shanghai, China. Allegedly, Xu is a shareholder of WFEEcoin, which is under investigation for fraud. Xu voluntarily surrendered himself for interrogation by Chinese police, which carried on for about 24 hours. He agreed to assist in the investigation of WFEEcoin. OKEx is in …


R3 Versus Ripple Lawsuits Reveals Centralized Nature of XRP Supply

R3 Versus Ripple Lawsuits Reveals Centralized Nature of XRP Supply

Ripple Labs and XRP II LLC have reached a settlement with the R3 blockchain consortium after a drawn-out legal battle over the sale of 5 billion Ripple tokens (XRP) at USD 0.0085 each. The fact that such a large amount of XRP was offered to R3 at such a massive discount reveals the centralized nature of the company. Apparently, Ripple …


Bitcoin News Radio Show, 12th September 2018

BitcoinNews.com, BitcoinNews Radio Show, radio show

Listen to the 12 September 2018 Bitcoin News Radio Show below. On this episode of the Bitcoin News daily radio show, we discuss how Ethereum shorts have hit record highs as its price has plummeted. Hear about the BitConnect scam that led to one of the biggest price crashes in crypto history. Learn about how NASDAQ is going to try to …


Bitcoin News Radio Show, 11th September 2018

BitcoinNews.com, BitcoinNews Radio Show, radio show

Listen to the 11 September 2018 Bitcoin News Radio Show below. On this edition of the Bitcoin News radio show, we discuss how the Marshall Islands is getting backlash from the IMF for launching their own crypto. Hear about how the Founder of OKEx and OKCoin is undergoing a fraud investigation in China. We go more in-depth on Submarine Swaps and …


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