Mining companies and their Machines have no future
For cryptocurrency mining companies, the future is either not guaranteed or completely non-existent. Large chip manufacturers primarily control the business of crypto mining. Consequently,...
IEOs Tokens Have Been Crashing After Trading Publicly, Pump and Dump?
Plagued by concerns over fraud, outright theft and lack of controls, Initial Exchange Offering (IEOs) is a necessary evolution from the chaotic, Ethereum fueled...
Is this the end for India’s Crypto Community?
Recently, reports emerged that India was preparing to pass a bill aimed at criminalizing anything cryptocurrency. As per the reports, those involved in mining,...
Iran will tax Bitcoin Mining
Reports from local news agencies in Iran have suggested that there will be a tax on Bitcoin mining through electricity tariffs.
The Financial Tribune reported...
Cryptocurrency Mining Report for June Released
In June, compared to the previous month, the cryptocurrency market value recorded notable gains, prompting a similar trend in the mining community. For example,...
India Has More Than 5 Million Developers, Restrictive Regulation Won’t Block Participation
India is taking steps to ban cryptocurrencies trading. The proposed ‘’Banning of Cryptocurrencies and Regulation of Official Digital Currencies Bill 2019" is now in full motion.
Bitfinex’s Trial Costs in New York reach $500,000
The trial of the Bitfinex exchange over alleged market manipulation with Tether (USDT) has now cost over $500,000. The trial in New York has...
Maicoin Tries to Join Libra Association
Maicoin, a Taiwanese crypto exchange, will seek to gain Facebook’s approval for membership of the Libra association, as reported by Taipei Times on August...
Government Panel Reiterates India Bitcoin ban
An inter-ministerial panel has recommended that India enacts a ban on cryptocurrencies like Bitcoin. This comes even as governments worldwide, including India, acknowledge the...
Red Flags: BitFinex Likely to Raise $1 Billion Through an IEO, Will they Recover...
Well, there is drama around BitFinex and Tether Limited. With a huge $850 million hole that BitFinex has with Crypto Capital and a $700...