Bitconnect, the lending and exchange platform that was long suspected by many in the crypto community of being a Ponzi scheme, has announced it’s shutting down. In a release on its website the platform said the shutdown is attributed to “continuous bad press” surrounding the platform, two cease and...
According to Arseni Scheltsin, the director of Russia’s Cryptocurrency and Blockchain Association, the proposals on creating and regulating a national cryptocurrency will be officially presented in July 2018, while a full-fledge launch would take a year after that. The development of regulatory documents for “crypto ruble” is carried out...
The Bitfury Group and First Block Capital announced they have invested in Emercoin and will support the provider of blockchain solutions and services for customers around the world. The decision to support and invest in the Emercoin Blockchain will enable Bitfury to expand the scope of future applications it...
Facebook early investor and PayPal co-founder Peter Thiel bought millions of dollars’ worth of Bitcoin through Founders Fund, a VC firm he co-founded , and that number is reported to be worth hundreds of millions today. According to Wall Street Journal, Founders Fund purchased somewhere between $15 and 20...
Following the presentation of a drafted bill to place regulations on the usage of cryptocurrency in Russia on December 28, a list of approved cryptocurrency trading platforms is being developed by the Russian Ministry of Finance. Alexei Moiseev, Russian Deputy Finance Minister, told reporters that the Finance Ministry “supports...