Day: December 14, 2018

New Bitcoin ATM Tracker Site Launches in Russia

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News A new website showing a map of cryptocurrency teller machines and other points of sale has been launched in Russia. The platform currently provides information about bitcoin ATM locations in the city of Moscow but its developers plan to expand its coverage globally. Also read: French Lawmakers Propose Lower Electricity Rates for Cryptocurrency Miners Cryptocoinmap Has Some Useful Features Cryptocoinmap.ru is quite similar in design to the popular bitcoin ATM tracker website Coinatmradar. At this early stage, there’s still a lot of room for improvement but the platform already…

Top Crypto Exchange Binance Adds Circle’s USDC to Its Combined Stablecoin Market

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Crypto exchange Binance has added Circle’s USD-pegged stablecoin USD Coin as a quote asset for several new trading pairs in its combined Stablecoin Market (USDⓈ). The exchange has announced this in an official post published Dec. 14. USD Coin (USDC), first announced by Goldman Sachs-backed Circle this May, and released in September, is one of a host of new stablecoins notionally pegged 1:1 to a major fiat currency. This November, Binance, currently the world’s largest crypto exchange by daily trade volume, had rebranded its Tether (USDT) Market as the combined…

US Government Tells Bitcoin Bomb Scam Victims to Inform FBI, Not Pay Ransom Money

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A suspected scam which threatens to blow up buildings unless recipients pay a Bitcoin (BTC) ransom caught the attention of the United States’ government Dec. 13. The scam, which centers on anonymous emails demanding payment of $20,000 in Bitcoin or face a “mercenary” detonating a device in “your building,” has appeared throughout the world. Now, the U.S. National Cybersecurity and Communications Integration Center (NCCIC) opted to release dedicated advice to victims, advising the only action necessary on receipt of an email was to inform the FBI. The NCCIC is “aware…

Blockchain Startup Civic Appoints Apple Veteran as Executive Director of Identity.com

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Blockchain startup Civic has appointed Apple veteran Phillip Shoemaker as executive director of Identity.com, its Ethereum (ETH) blockchain-based, decentralized identity platform. The news was announced in a press release published Dec. 13. Identity.com is Civic’s open-source, decentralized and tokenized digital identity ecosystem that uses smart contracts to provide on-demand, blockchain-based identity validation. Shoemaker joins the initiative after working over seven years as senior director of the Apple App Store Review team, which he reportedly built “from the ground up, taking his team from 4 to over 300 employees,” under the…

Its ICO Portfolio ‘Could’ See 25 Percent Refund Rates Over Non-Compliance, Says Pantera Capital

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Blockchain and cryptocurrency-focused investment firm and hedge fund Pantera Capital has warned that a quarter of its ICO projects could be found to violate the United States’ securities laws. According to the company’s most recent newsletter cited by a Bloomberg article Dec. 13, the ongoing crackdown by U.S. regulators means many ICOs, which have already felt the pinch from declining markets, may have to repay investors. “While we believe the vast majority of the projects in our portfolio should not be affected, approximately 25 percent of our fund’s capital is…

Bitcoin Price Defies Oversold Conditions to Hit 15-Month Low

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Bitcoin (BTC) tumbled to 15-month lows earlier today, dashing hopes of a rally signaled by current extreme oversold conditions. The world’s largest cryptocurrency by market capitalization fell to $3,200 on Bitstamp at 00:15 UTC – the lowest level since September 2017. BTC was trapped in a five-day-long narrowing price range 24 hours ago and showed signs that it might break upwards with a strong move toward the crucial resistance at $3,633. These bullish expectations were based largely on a premise that the sellers are facing exhaustion, as indicated by the…

Amun’s Crypto ETP Volume Spikes: Sign Of Bitcoin Accumulation?

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Just weeks ago, as Bitcoin (BTC) walked the fine line between a breakout and lower lows, Amun, a London-based fintech firm, suddenly divulged that it was slated to launch its “HODL5″ exchange-traded product (ETP) on Switzerland’s SIX exchange. Amun’s announcement instantaneously garnered attention from the bulk of the cryptosphere’s eyes and ears, with everyone and their mother discussing the”game-changing” vehicle, which put a spotlight on BTC, Ethereum (ETH), and XRP. Speaking with Financial Times regarding the product, Amun CEO and co-founder Hany Rashwan explained that the ETP would be an enticing…

The Daily: Crashing Crypto Trader Shares Advice, Bitcoin Bandit Extradited

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The Daily In Friday’s installment of The Daily, we update a story we first reported on yesterday – the closure of stablecoin project Basis. Its team have now given the official reason for its cessation. We’ll begin, though, by covering a slice of crypto crime concerning “bitcoin bandit” Nicholas Truglia. Also read: Digital Currency Platform Revolut Receives European Banking License Bitcoin Bandit Faces Justice Truglia maintains his innocence On Dec. 13, so-called “bitcoin bandit” Nicholas Truglia was extradited to California to face charges of hacking into the phones of major Silicon…

SeedCX Exchange Is Barring Employees from Crypto Trading

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Having traded cryptocurrency with his own money since 2014, software engineer Alex Wachli made a difficult choice when he joined the institutional crypto startup Seed CX. He had to give up trading. Seed CX forbids cryptocurrency trading by its roughly 40 employees. So Walchli effectively locked up his crypto holdings by handing the compliance team a list of all his wallet addresses, so they could monitor them and confirm his holdings stayed put. The engineer says he understands how personal investments could create a conflict of interest with regards to the…

Razer Softminer: Tricking Children Into Crypto Mining?

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Razer Softminer: Tricking Children Into Crypto Mining? December 14, 2018 by Tyson O’Ham Razer, prominent makers of PC peripherals and other obnoxious light-up gamer gear, recently launched Razer Softminer to squeeze even more money out of adolescents and the people who support them. This time, though, there isn’t even the pretense of cheap plastic computer enhancements – the new program is basically de facto mining malware in the guise of a loyalty-points app. Also see: Boerse Stuttgart, Europe’s 10th Largest Stock Exchange, Preps for Crypto Subscribe to the Bitsonline YouTube channel for great…