The Reserve Bank of India (RBI) in its recent statement announced that entities regulated by RBI are prohibited from providing services to individuals or businesses dealing with cryptocurrencies. … [Read more...] about Indian central bank prohibits financial institutions from dealing with cryptocurrency businesses
Crypto news in brief (April 3, 2018): Telegram, BitPay, MailChimp
- Telegram raises additional $850 million through its second private sale - BitPay adds functionality for its merchants to accept payments in Bitcoin Cash (BCH) - MailChimp, the world's most popular platform for email marketing, prohibits promotion of cryptocurrencies … [Read more...] about Crypto news in brief (April 3, 2018): Telegram, BitPay, MailChimp
Two minor Japanese cryptocurrency exchanges to shut down due to strict regulations
According to Nikkei, two Japanese exchanges are withdrawing their applications to register with Japan's Financial Services Agency (FSA) as cryptocurrency exchange operators. … [Read more...] about Two minor Japanese cryptocurrency exchanges to shut down due to strict regulations
Crypto news in brief (March 27, 2018): Monero, Antminer X3, Santander UK, Ripple, Kakao, LitePay, Litecoin, Charlie Lee, Twitter
- Monero developers have changed the PoW algorithm to prevent DoS attacks by ASIC devices - Santander UK will launch an international money transfer app in partnership with Ripple - Kakao establishes a blockchain subsidiary, Ground X - LitePay ceases all operations - Twitter will starts banning cryptocurrency advertising … [Read more...] about Crypto news in brief (March 27, 2018): Monero, Antminer X3, Santander UK, Ripple, Kakao, LitePay, Litecoin, Charlie Lee, Twitter
G20 participants don’t see threat in cryptocurrencies, will implement regulations
The world economies leaders discussed issues on digital currency at G20 summit, which took place in Buenos Aires earlier this week. … [Read more...] about G20 participants don’t see threat in cryptocurrencies, will implement regulations
Crypto news in brief (March 19, 2018): Twitter, Donald Trump, Petro, Coincheck
- Twitter may soon prohibit cryptocurrency advetisements - Donald Trump banned U.S. citizens from using Venezuelan cryptocurrency Petro - Coincheck is expected to stop operations with three anonymous cryptocurrencies … [Read more...] about Crypto news in brief (March 19, 2018): Twitter, Donald Trump, Petro, Coincheck
Mining becomes almost unprofitable due to erratic BTC price
Fundstrat Global Advisors, a research company, in its report estimates that profits from mining are now mere 6%. … [Read more...] about Mining becomes almost unprofitable due to erratic BTC price
Tom Lee of Fundstrat estimates more troubles for bitcoin before recovery
Tom Lee, former JP Morgan strategist and current partner at Fundstrat Global Advisors, known for his bullish bitcoin forecasts, sees more pain for cryptocurrency before a recovery, writes Bloomberg. … [Read more...] about Tom Lee of Fundstrat estimates more troubles for bitcoin before recovery