Search Results for: cryptocurrency
South Korea bans all new cryptocurrency sales
September 29th, 2017
South Korea’s financial regulator on Friday said it will ban raising money through all forms of virtual currencies, a move that follows similar restrictions in China on initial coin offerings. The Financial Services Commission said all kinds of initial ...
Canada’s first registration of an investment fund manager dedicated to cryptocurrency investments
September 8th, 2017
The British Columbia Securities Commission (BCSC) announced the first registration of an investment fund manager in Canada solely dedicated to cryptocurrency investments. The BCSC has granted First Block Capital Inc. registration as an investment fund manager and an exempt ...
Cryptocurrency Transactions Could Surpass $1 Trillion This Year
September 6th, 2017
The value of cryptocurrency transactions is forecast to surpass $1 trillion this year, which is 15 times the level reached in 2016. That’s according to a new study from Juniper Research called The Future of Blockchain: Key Vertical Opportunities ...
Burger King launches own cryptocurrency in Russia
September 1st, 2017
Customers will be able to claim one virtual coin for every rouble (1.3p) they spend and once they have accumulated 1,700 WhopperCoins, they will be able to buy the eponymous Whopper. Burger King will be launching accompanying Apple and ...
7 Cryptocurrency Predictions From the Experts
July 28th, 2017
Fortune convened some top cryptocurrency entrepreneurs, venture capitalists, bankers, and others to chat about the future of digital money at Fortune’s Brainstorm Tech conference in Aspen, Colo. last week. A select group met at the Aspen Institute for a ...
Cryptocurrency market a ‘ticking time-bomb,’ says ethereum co-founder
July 20th, 2017
Initial coin offerings (ICOs), or a means of crowd funding for blockchain technology companies have caught too much attention, according to the co-founder of the ethereum network Charles Hoskinson who says it’s time for things to cool down in ...
Hackers hijacked cryptocurrency trading platform and stole $7 Million
July 19th, 2017
Hackers hijacked cryptocurrency trading platform CoinDash on Monday just as it was in the middle of its initial coin offering, or ICO. It’s the first known breach of an ICO, this season’s hottest fundraising method. CoinDash, an Israeli startup, planned ...
Teenage bitcoin millionaire can see the cryptocurrency’s value shooting as high as $1 million
June 22nd, 2017
If this teen entrepreneur, high-school dropout and bitcoin millionaire has any predictive powers at all, then we’ve hardly seen the top of the market for the hot cybercurrency. Meet Erik Finman, who started picking up bitcoin at $12 apiece ...
Bitcoin bulls runs wild as cryptocurrency surges above $3000
June 12th, 2017
Bitcoin traded above $3,000 for the first time on Sunday, continuing this year’s massive surge and helped by increased demand from Asia-based investors. After trading in a range for the last week, bitcoin climbed to an all-time high Sunday ...
Bitcoin Alert: New All-Time High For The Cryptocurrency
June 6th, 2017
Bitcoin hit new all-time highs on several exchanges, rising to $2800 in Asian trading, just two weeks after a painful 30% decline that carried BTC’s price below $2000. The most valuable cryptocurrency is up more than three-fold since hitting ...
