SEC Chairman: Statement on crypto currencies and ICOs.

Jay Clayton, chairman of the US Securities and Exchange Commission,issued a public statement on cryptocurrencies yesterday and initial coin offerings. In it he reacts to the current development in the crypto market and gives personal assessments of the situation as well as behavioral advice for investors. Last but not least, the futures deal with Bitcoin launched on Sunday evening at CBOE and the rush to enter … Continue reading SEC Chairman: Statement on crypto currencies and ICOs.

Parity wants to save frozen Ethers with Hard Fork!

The London company Parity Technologiesmade several suggestions yesterday on how to make the stuck Ethers worth $ 230 million. The Ethereum community should now decide with their feedback on the future of the crypto currency Ether. The British crypto wallet provider Parity addressed itself yesterday in a blog post to those affected by the bug in the multi-signature wallets. Ethers in the current value of more than $ 230 … Continue reading Parity wants to save frozen Ethers with Hard Fork!

Crypto exchanges facing problems because of the Bitcoin boom!

In the course of yesterday’s wild ride on the crypto market, in which the Bitcoin shot several times in succession through the ceiling, it has apparently come to isolated problems on the market. So the crypto trade did not always run smoothly and everywhere. What does that mean for the mass adaptation of crypto currencies? The Bitcoin put on a rally beyond compare yesterday. Starting at just under … Continue reading Crypto exchanges facing problems because of the Bitcoin boom!

Gaming platform Steam: Off for the Bitcoin as a means of payment

Bad news for gamers. The Steam distribution platform no longer accepts Bitcoin as a payment method. As justification, Valve Corporation’s in house blog reported excessive fees and huge price volatility. It may be possible to reintroduce the payment method later, they said. With over 125 million active user accounts, Steam is one of the world’s largest online gaming and digital content distribution platforms. On December 6, employees on the Steam blog announced that … Continue reading Gaming platform Steam: Off for the Bitcoin as a means of payment

NiceHash was hacked – damage in the range of 67 million Euros!

On 06.12. NiceHash was hacked. The attackers are said to have stolen 4,700 Bitcoin worth nearly 67 million Euros! As counterfeit-proof Bitcoin may be because of the benefits of Blockchain technology, it’s not always the stock markets. The day before yesterday , the Slovenia-based Mining Power Exchange fell victim to an attack by hackers . The attack was “incredibly well coordinated and highly refined”. According to their own statements, the attack began in the early hours of St. … Continue reading NiceHash was hacked – damage in the range of 67 million Euros!

South Korea wants to ban Bitcoin!

South Korea’s top financial regulator intends to prohibit trading in Bitcoin derivative transactions, as the Korea Herald recently reported . Thus, South Korean banks are not allowed to issue securities for betting on the Bitcoin price. The ban should serve investor protection. The Financial Services Commission (FSC) is South Korea’s supreme financial regulation authority. As reported by Korean media the day before yesterday, the FSC wants to prohibit banks from issuing certain securities. These … Continue reading South Korea wants to ban Bitcoin!

Indian Central Bank rings alarm bells again!

The central bank is warning again this week about crypto currencies. This will be clear from a Tuesday press release on the website of the country’s highest fiscal authority. For the first time, the document also mentions Initial Coin Offerings (ICOs). The Reserve Bank of India (RBI) confirms its rejection of crypto currency by the nationwide rejection. India’s alarm bells are catching attention again: For … Continue reading Indian Central Bank rings alarm bells again!