Bitcoin Exchanges Slash Fees

  In the past week, Binance, Bitfinex, and Kraken have all reduced their fees amidst a backdrop of increased Segwit adoption and transaction batching by up to half.   The average price of sending bitcoin has been falling for weeks but before now these savings had yet to be passed on to exchange customers.   Bitcoin Withdrawals: Now with 50% Off   Bitcoin is pretty cheap to send right all of a sudden even cheaper than ethereum in some instances. Fee’s have fallen to around 10 satoshis per byte to…

Read More

132 Crypto Investors file lawsuit against CoinCheck after hack

In a recent report by Japanese media outlet, Sankei, it was stated that 132 cryptocurrency investors filed a lawsuit again CoinCheck, the Tokyo based Bitcoin Exchange.       “Five customers and two corporations already filed a lawsuit seeking a refund of 12 virtual currencies themselves in the district court. The defense team tabled the payout of 13 kinds of currencies deposited by 132 persons, the payment of 100,000 yen each”   Japanese cryptocurrency exchange Coincheck announced on Friday, Jan. 26, that it is suspending all withdrawals after a Ripple payment worth…

Read More

Twitter to blame for Twitter Bitcoin Scam

Did You Hear the One About the Special Giveaway?   “Big news from the Poloniex team today!” tweeted the U.S. exchange on Monday, announcing its acquisition by Circle. The first response to the tweet was as predictable as it was pitiful: “We аre joining Circle! To commemorаte, we’re giving аwаy 2000 ЕТΗ,” wrote “Palooniex”. “To pаrticipаte, senԁ 0.3-3 ЕТΗ to our аԁԁress below аnԁ get 3-30 ЕТΗ bаck. Hurry!”   Where does the blame for these scams lie? Although it’s easy to get mad at scammers for perpetrating these sorts…

Read More

Chaos and Confusion as Binance goes down and suspends withdrawals

Various news sites, including the Financial Times, reported that cryptocurrency exchange, Binance are down and has suspended withdrawals.     According to the Merkle, Binance, one of the world’s largest cryptocurrency exchanges which is said to be the fastest growing startup in history, has been offline for several hours.   Quoting the company “Due to a significant increase in users and trading activity, Binance will need to extend the System upgrade and is expected to be completed by 2PM (UTC),” the Binance team stated, noting that trading will remain disabled…

Read More

Smart Cannabis Corp and SinglePoint, Inc. Announce Joint Venture Expanding Blockchain Technology into SMARTAPP Automation Software for the Rapidly Growing Cannabis Market

  SACRAMENTO, Calif., Dec. 6, 2017 /PRNewswire/ Smart Cannabis Corp (OTC PINK: SCNA) and SinglePoint, Inc. (OTC: SING) have signed a letter of intent to formalize a multi-faceted joint venture and co-marketing relationship for the cannabis market bringing cyber currency payment solutions together with our SMARTAPP automation software product, and soon-to-be-released “Track and Trace Software System,” which will be a natural add-on extension to SinglePoint’s current payment processing system. The SMARTAPP is currently installed and functional in our testing facility as it undergoes final approvals from the iTunes store. It is slated…

Read More

Globitex group company granted an Electronic Money Institution (EMI) license by an EU regulator

The regulatory breakthrough opens the way for the institutional-grade Bitcoin exchange to deal with EUR fiat payments globally and marks a significant milestone to make Bitcoin a truly global currency of settlement.   Globitex Holding (Latvia) group company NexPay UAB has been granted an e-money license (EMI) by the Bank of Lithuania to carry out payment services and e-money issuance in the EU.   Crucially, the newly-issued EMI licence is fully ‘passportable’ to all other EU member states, allowing NexPay to provide clients with payment services and e-money issuance across…

Read More

Bitcoin vs. British Pound – The Shocking Truth!

The past year has been an interesting one for the UK, beginning with the unexpected BREXIT result from the 23 June 2016 referendum which called for leaving the European Union. The British Pound dropped sharply after this result and market uncertainty continued as Prime Minister David Cameron resigned. In stepped Prime Minister Theresa May and BREXIT Article 50 was triggered on 29 March 2017.  In a surprise move, an early election was called by Prime Minister Theresa May thereafter. Now more uncertainty abounds after the election results of a HUNG…

Read More

Exclusive Interview with Bobby Lee, Co-Founder and CEO of BTCC – London Blockchain Week 2017

An exclusive interview with Bobby Lee, Co-Founder and CEO of BTCC based in Shanghai China. Recorded at the London Blockchain Week January 2017, Bobby Lee discusses his Bitcoin journey as well as his new product Mobi. Bobby Lee was born in the Ivory Coast, educated at Stanford, and worked as vice president of technology of Walmart before taking leadership of BTCC in 2013. BTCC Products:- Bitcoin USD Exchange Bitcoin Pro Exchange Bitcoin Mining Pool Bitcoin Wallet Blockchain Engraving Mint Physical Bitcoins Developer Platform Download your Mobi here Taken from the…

Read More