U.K. Authorities look to Deem Bitcoin as Cash to Facilitate Cryptocurrency Seizures

August J, 2017
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U.K. Authorities look to Deem Bitcoin as Cash to Facilitate Cryptocurrency Seizures A new report, published by the N8 Policing Research Partnership, states that law enforcement faces various challenges when it comes to cryptocurrencies and that, although these challenges are mostly driven by the lack of knowledge and tools, they would be lessened if bitcoin were categorized as cash. This would facilitate seizures in the cryptocurrency, which the report states facilitates money laundering and criminal activities. The report starts by…

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Thieves target tourists in Ho Chi Minh City (Saigon)

August J, 2017
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Unfortunately, on 2 separate occasions this week, myself and my girlfriend have fallen foul of this. First time, 2 guys drove past the girlfriend and snatched her handbag .. luckily she was not hurt. She lost her phone, ATM cards and her Thai ID card. Second time, I was waiting outside a food takeaway place with my phone in my hand, waiting on an Uber taxi to turn up. A guy came from behind, snatched my phone and started running down…

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Crypto Asset Firm Launches Investable Index for Top 30 Cryptocurrencies

August J, 2017
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Crypto Asset Firm Launches Investable Index for Top 30 Cryptocurrencies One of the cryptocurrency world's more tenured fund managers is launching two new products aimed at bringing the emerging asset class mainstream. Revealed exclusively to CoinDesk, Tim Enneking's Crypto Asset Management is today releasing a new product called CAMCrypto30 – a cryptocurrency index designed to mirror the 30 largest cryptocurrencies by market capitalization. In addition, the firm also announced a new, investable share class for the fund, which will track…

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Is Investing in Bitcoin and Other Cryptocurrencies Worth the Gamble

August J, 2017
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Is Investing in Bitcoin and Other Cryptocurrencies Worth the Gamble The Technology Behind Cryptocurrencies   The creation of Bitcoin back in 2008 fueled the exponential growth of the cryptocurrency ecosystem, facilitating the creation of a rich diversity of coins and applications that many would deem revolutionary. Those who invested in cheap coins at the outset are reaping huge returns on their capitals, dwarfing the average returns one can acquire in the stock markets. Think about it; if you had bought…

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Fidelity now allows clients to see digital currencies on its website

August J, 2017
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Fidelity now allows clients to see digital currencies on its website Fidelity Investments has started allowing clients to use its website to view their holdings of bitcoin and other cryptocurrencies held through digital wallet provider Coinbase. Fidelity Investments has started allowing clients to use its website to view their holdings of bitcoin and other cryptocurrencies held through digital wallet provider Coinbase, the company said on Wednesday. The initiative, previously tested with the Boston-based money manager's employees, is a rare example…

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Changes in European regulations may impact Bitcoin

August J, 2017
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Changes in European regulations may impact Bitcoin Some researches were stating that nearly a half of the bitcoin transaction is somehow related to various gambling activities. The reasons behind this are quite simple, the bitcoin provides a greater anonymity for the players and low transaction costs. However, the popularity of the bitcoin in the iGaming sector seem to become even greater this year. Considering the fact that Poland, the Netherlands, Czech Republic and a few other major European markets are…

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EVERYONE IS CRAZY FOR ETHEREUM, BUT BITCOIN IS STILL THE BEAST TO BEAT

August J, 2017
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EVERYONE IS CRAZY FOR ETHEREUM, BUT BITCOIN IS STILL THE BEAST TO BEAT We’ve come a long way in the eight years since Bitcoin’s original release. Back in 2009, when the pseudonymous Satoshi Nakamoto launched the cryptographically verified digital asset, it was just a curiosity. With time, though, new uses have been found for it, from buying drugs, to transferring money near-instantaneously across the globe. Its value has peaked and troughed to reach considerable worth today – right now, a…

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Ethereum Potential As A Cryptocurrency And Its Dangers

August J, 2017
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Ethereum Potential As A Cryptocurrency And Its Dangers Ethereum might revolutionize business and technology, or it may be merely a transitional platform displaced by other blockchain technologies. The world of Ethereum, to be sure, has an element of the eccentric. Ethereum is a technology started 24 months ago by a 21-year-old college dropout, Vitalik Buterin. Among the facts listed on his slender bio: in 2011 he won third place in a high school programing competition. Yet Ethereum is now supported…

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Mastercard Eyes Cryptocurrency Refunds in New Patent Application

August J, 2017
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Mastercard Eyes Cryptocurrency Refunds in New Patent Application A new patent application from Mastercard suggests that the global credit card issuer is exploring ways to build refund services for cryptocurrency users.   The application, titled "Information Transaction Infrastructure", was published by the the U.S. Patent and Trademark Office (USPTO) on August 3, having been submitted in late January. Vladimir Goloshchuk, who according to LinkedIn previously worked as a senior analyst at Mastercard, is listed as the sole inventor.   The…

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Grandpa Had a Pension. This Generation Has Cryptocurrency

August J, 2017
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Grandpa Had a Pension. This Generation Has Cryptocurrency. Most readers have probably heard of Bitcoin, the digital coin that dominates the cryptocurrency market. It has gained notice both because of its skyrocketing value (from less than a cent in early 2010 to around $2,600 currently) and because it is frequently a key player in hacking- and black-market-related stories, from the looting of nearly half a billion dollars in coins from the Mt. Gox exchange in 2014 to the recent demand…

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