Category: Cryptocurrency

It’s no surprise to anyone who has followed cryptocurrency markets that cryptocurrencies are popular with investors. Unfortunately, cryptocurrencies have also become popular with criminals. That’s particularly the case with criminals who engage in cryptojacking, hijacking other people’s computers in order to harness their processing power to mine new units of various cryptocurrencies. The number of […]

In a setback for cryptocurrency enthusiasts, the California Fair Political Practices Commission (FPPC) banned political campaigns from accepting cryptocurrency donations. The commission cited its concerns over the difficulty of tracking the origins of cryptocurrency donations as well as the transparency of those donations. The ruling is at odds with that of the US Federal Election […]

While cryptocurrencies have become more and more popular with consumers and investors, even governments are starting to get in on the action. By now everyone is familiar with Venezuela’s petro, and with Iran’s attempts to create its own cryptocurrency. Even larger countries such as India are exploring the possibility of issuing their own cryptocurrencies, and […]

While Bitcoin has taken the world by storm, one of the knocks on it has been the fact that, like most other cryptocurrencies, it is not backed by anything. Many of Bitcoin’s opponents in the world of central banking, in particular, like to point out that Bitcoin is just an unbacked currency created ex nihilo, […]

In a new push to engage institutional investors, US cryptocurrency exchange Coinbase has opened an office in New York city. The office, which Coinbase hopes to staff with up to 150 employees in the near future, will help to engage Wall Street and the US financial industry and aid in the adoption of Bitcoin and […]

In news that has shocked cryptocurrency markets, it has been reported that hackers are exploiting a software flaw first discovered by the US government to take control of computers and use them to mine cryptocurrencies such as Bitcoin and Monero. The exploit, known as Eternal Blue, was a flaw in Microsoft software first discovered by […]

Coinbase CEO Brian Armstrong recently stated that within five years he expects the number of people within the cryptocurrency ecosystem to increase from 40 million to one billion. That would be a tremendous leap in adoption, meaning about 1 in 7 people around the world would be active in the cryptocurrency sphere, either as a […]

Following in the footsteps of cryptocurrency businesses in South Korea and Japan, four US cryptocurrency exchanges have established a self-regulatory organization (SRO). The four, Gemini, Bitstamp, Bittrex, and bitFlyer USA, have created the Virtual Commodity Association Working Group, with the goal of becoming a self-regulatory organization for the US cryptocurrency industry. Among the aims of […]

In a move to try to lessen the cost of printing physical cash, the Reserve Bank of India is exploring the possibility of issuing a national digital cryptocurrency. It’s an unusual reason to look into digital currency, but given the high usage of cash among Indians and the country’s geographic size and large population, the […]

A recent survey of investors and consumers found that the majority want to buy more cryptocurrencies within the next 12 months. The survey, conducted by Sharespost, asked questions of nearly 2,500 consumers and over 500 individual accredited and institutional investors. Despite the short-term downswing in cryptocurrency prices, 59 percent of investors and 72 percent of […]