People’s Bank of China wants to put an end to centralized cryptocurrency trade
The governmental paper acquired by the journalists of one of the major media outlets tells that at the recent meetings, regulators and the Vice Governor of the People’s Bank of China were not exactly disagreeing over the issue of banning centralized cryptocurrency trades and services
15 January 2018 21:00, UTC
Russian Prime Minister: cryptocurrencies can disappear like companies created in the advent of the Web
Dmitry Medvedev, Russian Prime Minister, compared cryptocurrencies to companies which made a fortune during the dotcom era then abruptly disappeared, telling the similar scenario is not excluded with digital currencies too
15 January 2018 21:00, UTC
Bundesbank, Germany: cryptocurrency should be regulated at the international level
The central bank of Germany has recognized the powerfulness of cryptocurrencies and due to this fact, the board member suggests to regulate them jointly at the international level rather than at the regional level
15 January 2018 21:00, UTC
What will happen when all bitcoins are mined?
In a new future outlook edition Bitnewstoday asked experts to make their forecasts on what will happen when the last bitcoin will be mined
15 January 2018 21:00, UTC
Emilia ROMAGNA (CECCARINI)
This $8000 video card is probably the best mining circuit in the world
The video bloggers have managed to use NVidia’s Tesla V100 for mining - and apparently, this video card does so well it sets a new world record. Read below to find out the exact mining speed and where this card can also be used
15 January 2018 21:00, UTC
BlackWallet has been hacked, $400,000 in Stellar Lumens stolen
The wallet service which can store Stellar Lumens becomes hacked after a domain name system becomes hijacked by the anonymous hacker. According to the reports by the cyber security experts, if one had over 20 Lumens, the hacker transferred them to a different account
15 January 2018 21:00, UTC
KFC makes a Bitcoin Bucket of chicken, it’s quickly sold out
The famous fast food company has a new promotion company based on Bitcoin and its current popularity unimaginable in 2016. However, one can buy a bucket of chicken with cryptocurrency only in Canada (this is also a country where the founder of Ethereum lives, by the way)
14 January 2018 21:00, UTC
US Treasury Secretary Mnuchin: Bitcoin is not a Swiss bank account
The head of the United States Ministry of Finance called Treasury (just like the local Ministry of Foreign Affairs is called the State Department) warns against complete trust in Bitcoin as an asset, tells investors might get hurt and tells there is no risk Russia will avoid sanctions through “virtual” currencies
14 January 2018 21:00, UTC
UK banks do not want to provide mortgages for Bitcoin investors
The banks of the United Kingdom are suspicious towards the origin of money coming out of Bitcoin and do not want to give mortgages for cryptocurrency investors to get homes
14 January 2018 21:00, UTC
South Korea to fee anonymous crypto exchange users, abandons full trade prohibition
Under the pressure of the local cryptocurrency community, the government explains itself in the official statement regarding the alleged future ban of cryptocurrency organizations - which, in fact, is not happening anytime soon. Simultaneously, it tells about charges for anonymous trades
14 January 2018 21:00, UTC
Metropolitan Bank no longer collaborates with Coinbase
One of the biggest firms cooperating with Coinbase, a cryptocurrency exchange, has decided to stop operating with the latter. The Metropolitan Bank’s decision might affect the price of Bitcoin, Litecoin, Ethereum and Bitcoin Cash, which are supported on Coinbase - but this apparently did not happen
14 January 2018 21:00, UTC
Telegram’s TON technology description posted online
The Telegram Open Network detailed description circulates across the messenger it is going to improve with blockchain solutions - Telegram. No confirmation from the alleged author of the document, mathematician Nikolai Durov, PhD, has been received by anyone yet
14 January 2018 21:00, UTC
Indian state of Karnataka to hold blockchain hackathon for government tech upgrade
Although the government of India cannot be called good-hearted towards Bitcoin, the hackathon held in Karnataka is yet another example of how a technology that underlies cryptocurrency attracts governments - as long as no digital currencies are being made
14 January 2018 21:00, UTC
Canaan Creative makes $46.6 million on mining hardware in 2017
The sales of mining hardware and rigs become so profitable that the company based in Beijing makes over 40 million dollars in a year - a considerable result for the emerging market
14 January 2018 21:00, UTC
How to buy bitcoin and not run into scammers
There are fewer people who have not heard about bitcoin, and more and more of those who want to buy it. Bitnewstoday made an overview of how to buy cryptocurrency and talked about the pros and cons of each option
14 January 2018 21:00, UTC
Massimo Di Giuda
South Korea is not banning crypto trading, government notes huge community reaction
The initial messages on South Korea banning crypto trading have proven to be false, and exactly as Bitnewstoday suspected, officials’ opinions do not equal full-fledged laws. The local channels cite the government which is shocked by huge number of requests to sack the Justice Minister
11 January 2018 21:00, UTC
Chinese miners start to consider moving to other countries
The government of China is not thrilled with digital financial technologies to such extent that it starts to pressure Bitcoin miners, and in response to this business threat, they start to consider moving operations to Canada and Switzerland
11 January 2018 21:00, UTC
Bitcoin becoming very popular in Africa
There are not many news from this region, possibly due to the economic situation in it. However, the local populace knows about the weakness of their regional fiat currencies and multiply their savings in Bitcoin like people in other parts of the world
11 January 2018 21:00, UTC
Out of thin air: Institute of Network Cultures scientist designs mining mechanism based on breathing
We have already seen some experimental mining rigs based on human heat and in the suit form, but this is something completely new: the device described below allows mining cryptocurrency called Monero by breathing
11 January 2018 21:00, UTC
American town of Wenatchee to get rich thanks to miners
Like in other countries, the United States also has regions with cheap power in comparison to the average prices, and the small town in Washington has suddenly become a mining center. Reason? Good system of hydro power plants on the dams of Columbia River
11 January 2018 21:00, UTC