Crypto markets have fallen on hard times recently with declining prices and increasing regulatory attention, but a new Winklevoss twin-backed group is looking to lay the groundwork for a self-regulatory body that would clean up the industry. The Virtual Commodities Association, first proposed in March 2018 and officially launched on Monday, is an industry working group comprised of cryptocurrency exchanges …
Shipping giant UPS has filed for a new patent that uses blockchain as part of a distributed system for sending packages worldwide. The patent application, published on Aug. 16 by the U.S. Patent and Trademark Office (USPTO), further reveals the company’s interest in using blockchain to re-envision how shipments move around the world. Entitled “Autonomous services selection system and distributed …
Interest in blockchain technology is waning, research firm Gartner said in its latest “Hype Cycle for Emerging Technologies” report. Gartner included blockchain, along with four other emerging technologies, as one of five trends that can blur the lines between humans and machines, according to a news release on August 20. Blockchain technology is at the edge of the “trough of disillusionment” …
The first Bitcoin exchange-traded fund (ETF) is expected to be approved by February of 2019. But, some experts have stated that ETFs may increase the volatility of the market. How the ETF Will Impact the Market Over the past few months, analysts have been divided on the effect of the ruling of the US Securities and Exchange Commission (SEC) regarding …
Chinese police from multiple cities have arrested three individuals who allegedly stole bitcoins and other cryptocurrencies worth around $87 million. Chinese news agency Xinhua reported on Saturday that the three were busted on Aug. 15 in Hunan, Changchun provinces, and the capital city Beijing, respectively, after a months-long investigation launched by the police. According to the report, a self-claimed victim, …
Alleged India Bitconnect head, Divyesh Darji, was arrested this week at a airport in Delhi as he arrived from Dubai. He and conspirators are accused of bilking millions of dollars (Rs 88,000 crore) from Indian investors seeking to find financial refuge during the government’s demonetization campaign. Also read: Report: 15,000 Twitter Crypto Scam Giveaway Bots India Bitconnect Head Arrested in …
There has been a big push for investors to be able to buy Bitcoin without actually having to buy the digital currency. Products — such as futures — have entered the market and upon their arrival in early December last year, Bitcoin rallied toward $20,000. However, the biggest prize on offer for investors — mainly of the institutionalised variety, who …
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of ICO Hot List. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. The cryptocurrency market capitalization has risen above the $215 billion mark …
Iceland-based hashpower hosting service Genesis Mining is compelling some of its customers to upgrade their Bitcoin (BTC) mining contracts following this year’s significant cryptocurrency price decline, according to an August 17 statement. In 60 days, the company will terminate services for open-ended contracts that mine less than the daily maintenance fee. Genesis claims that the downward trend of BTC around …
Binance LCX, a joint venture between Binance and Liechtenstein Cryptoassets Exchange (LCX), has announced the launch of a fiat-to-crypto exchange, according to a press release published August 16. The new trading platform will be located in Liechtenstein and offer trading between Swiss Francs (CHF) and euros (EUR) against major digital currencies pairs, subsequently adding more trading pairs following regulatory approvals. …
