The U.S.
Securities and Exchange Commission (SEC) continues its drive to “clean up” the
cryptocurrency sector and has entered into settlements with EtherDelta founder Zachary
Coburn as well as the former ICO projects Airtoken and Paragon. The subsequent rulings
have cast doubt on the legitimacy of similar ICO projects and on the future of decentralized
exchanges (DEXs).
Unregistered Securities…
Archive
2018 was a tough year for everyone involved in the cryptocurrency space as the market retraced from an overall cap of around $800 billion in January to $130 billion at the end of December. In addition, close to $1 billion worth of cryptocurrencies were also lost over the year to malicious entities as hackers continued…
Weekly overview
Tobacco stores in France start to sell crypto, Bitwise tries one more time for ETF approval, BitTorrent Token will not be decentralized, suggests ex-CEO, Bitmain stops operations in Texas, Canada is considering their stance on cryptocurrency donations for political campaigns, major Spanish energy company implements a blockchain solution to track renewable energy usage,…
This article is part of a series on governments with an anti-crypto stance.
China is most likely one of the countries with the lowest tolerance towards the digital currency community. Despite this aspect, holding Bitcoin alongside other cryptos isn’t illegal, nor is purchasing or selling coins as long as it’s done without the involvement of an exchange.…
For those not familiar with cryptography, encryption, in its most basic sense, is a cryptographic equivalent of a lock and key. In a way similar to locking your valuables in a safe, encryption allows sensitive data to be protected. Once data has been encrypted, it’s converted to an unreadable, meaningless form that cannot be understood.…
This article is part of a series on governments with an anti-crypto stance.
Understanding the cryptocurrency market in Iran
Back in April 2018, the Central
Bank of Iran published their decision to prohibit local financial institutions
and banks from getting involved with cryptocurrencies. The reasoning consisted
of terrorism financing and money laundering risks. Despite this aspect,
numerous studies showcase…
Bitcoin hit an all-time colossal value of $19,800 in December 2017. With other altcoins proportionately following suit, the total market capitalization value went beyond $600 billion in that year. In 2018, the cryptocurrency capitalization value shrunk to less than a third in comparison to 2017.
Bitcoin's price is based on supply and demand. If the…
Cryptocurrency has a history of gaining strength when nations experience economic challenges. Despite their volatility, Blockchain assets are often viewed as a safe haven for those seeking to move wealth out of unstable, or inflation-prone fiats. There is reason to believe that this phenomenon is a key player in the present market rebound of Bitcoin…
If you're looking to enter the cryptocurrency market and looking for both a trading platform and a secure crypto wallet, you should understand a little about what you need to safeguard. Cryptocurrency is one of the most secured currencies out there because unlike regular currency which gets stored in online bank accounts and often managed…
Weekly Summary
Russia is looking at Bitcoin as a way to mitigate the effect of the latest U.S. sanctions, Fortnite accidentally accepts Monero for merchandise shop, New York State forms a cryptocurrency task force, Overstock becomes the first company to pay taxes in crypto, New Swiss president is pro-crypto, Japan makes moves towards a crypto…
