New Ventures

Russian Gov’t, Corporate Giants Form Joint Venture to Develop in Blockchain, IoT

Multiple Russian corporate giants, including state-owned Gazprombank, have created a joint venture that plans to develop projects in blockchain and the digital economy, local news outlet TASS reported June 9. Russian telecom company MegaFon, Gazprombank, government corporation Rostec, and the USM Group have created a joint venture – referred to as MF Technologies (MFT) – […]

Updates

BitConnect Shuts Cryptocurrency Exchange Citing Bad Press, DDoS Attacks, Regulator Scrutiny

The operator of BitConnect, a cryptocurrency that has long courted controversy, has announced the closure of its cryptocurrency exchange and a separate lending platform. In an announcement on its website on Tuesday, BitConnect confirmed the immediate closure of its lending operation whereas its exchange platform will effectively shutter in a further five days. The website, meanwhile, will […]

ICOs

Thai SEC Reveals 5 out of 50 ICO Applicants ‘Ready’ to Raise Funds Under New Laws

Thailand’s financial regulator the Securities and Exchange Commission (SEC) has confirmed five ICOs are ready to raise funds via the country’s new fundraising regulations, local media Bangkok Post reported June 13. Following new regulations governing cryptocurrencies that took effect May 14, ICOs will face obligatory requirements to register with the regulator, along with various other […]

ICOs

China’s State Media Targets ICOs, Cryptocurrency Trading

The Chinese government, through its media, is continuing to taking aim at cryptocurrency trading and ICO investments. Despite numerous laws passed last year to ban cryptocurrency activity in China, many Chinese investors continue to find underground ways to trade in virtual currencies and invest in ICOs. Last September, China began its crackdown on virtual currencies, banning ICOs and […]

Updates

Reports: Crypto Now Considered a Commodity on Indonesia’s Stock Exchange

The Indonesian Trade Ministry’s Futures Exchange Supervisory Board (Bappebti) has signed a decree to make cryptocurrency a commodity legally tradable on a stock exchange, local news outlet The Jakarta Post reports today, June 4. According to Dharma Yoga, head of Bappebti market supervision and development bureau, the Future Exchange Supervisory Board decided to allow crypto […]

Updates

As July 20 Approaches, Cryptocurrency Exchanges Try Reasoning With Reserve Bank of India

On April 5, the Reserve Bank of India had passed a circular instructing all Indian banks to wind up their business activities with cryptocurrency exchanges. Not happy with the order, cryptocurrency exchanges based out of India or having India-based clients filed a petition in various courts across the country citing the move as ‘unconstitutional’ and […]

Guidelines Mining

How to Make Money on Cryptocurrency Mining Without the Expense of Specialized Equipment

Most miners find solo mining no longer profitable and cloud mining notoriously tricky, all while large-scale industrial mining is out of the reach of most people’s purse strings. In contrast, decentralized platforms short-circuit risks, offer definite income, and are both transparent and accessible. We would like to thank the team at OddoCash for their contributions to […]