Bitcoin and other digital currencies have continued to tumble in value, amid concerns that Wall Street institutions are shunning cryptocurrencies. It follows media reports, originally in Business Insider, that Goldman Sachs is shelving plans to set up a cryptocurrency trading desk. Mainstream lenders have largely kept their distance from digital currencies. A Goldman spokesman said […]

Russian police have recently seized cryptocurrency ATM machines under orders from the country’s central bank. According to local publication RBC, the ATM developer impacted by the seizure plans to appeal the action, and has incurred economic damage and costs to its reputation, said Sarkis Darbinian, an attorney for the Center of Digital Rights, which defends the company. […]

Japanese crypto firm FXcoin has recruited Deutsch Bank’s former foreign-exchange dealer, Yasuo Matsuda as a senior strategist for the cryptocurrency startup. According to Business Times. the Japanese cryptocurrency startup which was founded by Deutsch Bank AG veteran, Tomoo Oshi, hired the alumnus of the German lender to furnish the startup with daily reports on market […]

HODLers who use the services of Kingdom Trust are now bound to sleep a little more soundly. This is after the Murray, Kentucky-based cryptocurrency custody firm announced that it had obtained insurance coverage for the digital assets it holds via the marketplace of Lloyd’s of London. Currently, Kingdom Trust boasts of US$12 billion of assets […]

Firefox, the popular Web browser, will soon begin automatically blocking crypto mining malware scripts as part of a wider performance-enhancing push. The Mozilla Foundation, the not-for-profit organization behind the open-source browser, said Thursday that it intends to block trackers and other “harmful practices” in upcoming releases. Some of these features, such as the anti-tracking function, […]

Rapper and actor Eminem has given bitcoin’s public awareness another boost, giving it a mention in a song on his just-released album, “Kamikaze.” In track dubbed “Not Alike,” fellow artist Royce Da 5’9′  – who guest features on the piece – raps: The album was launched on midnight Thursday in a surprise announcement by Eminem, […]

By Laura Desmond Bitfi, a cryptocurrency wallet backed by anti-virus software entrepreneur John McAfee, has issued a statement saying it will no longer describe its service as “unhackable”. The announcement followed the release of evidence by a group of security researchers showing the wallet being compromised. However, Mr McAfee maintains that the claim stands. Bitfi […]

Data indicates that the blockchain job industry has seen a sustained uptrend in Asia, while cryptocurrency-specific applications appear to wax and wane with volatile markets, CNBC reportsAugust 31. Recruitment firm Robert Walters told CNBC that it has seen a 50 percent increase in the number of roles related to blockchain or cryptocurrencies in Asia since […]

Reuters has today, August 30, published an investigative report into Venezuela’s national oil-backed cryptocurrency, the Petro (PTR), attempting to square government claims with facts on the ground and evidence of the Petro’s transaction history to date. Reuters dispatched reporters to the central Venezuelan hamlet of Atapirire, which sits at the heart of the 380-square-kilometer territory […]

Based on a survey conducted by Statistca on 15,000 individuals, Turkey has the highest percentage of population that has invested in the crypto market. According to the data released by Statistica shown below, 18 percent of the country’s investors have purchased cryptocurrencies like Bitcoin and Ethereum in the past few years. Motive of Residents in […]