Tuesday, September 25, 2018
The chairmen of two top US market regulatory agencies largely stuck to the script during Tuesday’s Senate hearing on potential cryptocurrency regulations. The hearing, which was held by the Senate Committee on Banking, Housing, and Urban Affairs, touched on a broad range of regulatory concerns related to cryptocurrencies and blockchain...
The written testimony from Jay Clayton, chairman of the United States Securities and Exchange Commission (SEC), was released on February 5, 2018. It comes ahead of the chairman’s oral testimony before the U.S. Senate Committee on Banking, Housing and Urban Affairs on February 6, 2018, on the matter of “Virtual Currencies: The Oversight...
Despite falling crypto prices, the installation and use of Bitcoin ATMs have surged in recent months, with 5 popping up every day. The picture looks pretty bleak for Bitcoin at the moment. Since the beginning of the year, the king of crypto has lost over 50% of its value, falling...
The price of Bitcoin has fallen a stomach-wrenching 64.5% since December 17, 2017. The combined market capitalization of the industry now stands at just $338 billion. A picture tells a thousand words: That’s a big drop for any market. However, a price crash in Bitcoin or any other cryptocurrency is nothing new. Bitcoin dies...
Bitcoin, the world's largest cryptocurrency by market capitalization, is hovering just above the $7,000 mark per coin as the digital currency market suffers one of its most widely covered and harshest sell-offs in recent history. In December, the bitcoin frenzy hit its peak with the cryptocurrency flying to record highs near the $20,000 mark. While investors may be extremely unsettled...
Cryptocurrency-fueled scams seem to keep Litecoin founder Charlie Lee up at night, based on a report in Business Insider. Lee, who is an alum of both Google and Coinbase, spoke about the speculative nature of bitcoin and other cryptocurrency investing, saying that it’s not “bad” but instead a “natural progression,” adding...
When life gives you lemons to the tune of nearly $160 million, it's not so easy to make lemonade. But that's just what ethereum startup Parity Technologies is seeking to do after a rough 2017, a year in which it suffered one of the most high-profile breaches in the history...
Singapore Airlines plans to use blockchain technology to give its frequent flyers a new way to spend their accumulated miles, the company announced on Monday. According to the airline, the blockchain-based wallet, which will be launched in six months, will enable members of the KrisFlyer program to spend their air...
Experts agree that the future of cryptocurrencies will critically depend on whether they are accepted as a regular payment from leading online retailers. The signs for that are not bad. For all the euphoria that cryptocurrencies have triggered in recent months, Bitcoin, Ethereum, Ripple, and Co. have not yet arrived...