“Venture Capital Working Group” Seeks Select Cryptocurrency “Safe …

Several venture capitalists (VCs) and entrepreneurs have been petitioning federal authorities to see certain virtual currencies in a “different light.” Right now, many cryptocurrencies are in danger of being classified as “securities,” which would place them under strict regulatory scrutiny. Working to change this, venture capital firms Andreessen Horowitz and Union Square Ventures have gathered […]

Cofounder’s FINRA Suspension Could Hold Consequences for Tezos

When Arthur Breitman, cofounder of Tezos, published a white paper on the cryptocurrency project in September 2014, he listed the author as L.M. Goodman. Later, when Breitman disclosed that he was the real author behind the work, many wondered why he used a pseudonym.  As it turned out, at the same time he started working […]

Revamping the Financial Sector for the Decentralized Future

Despite cryptocurrency’s meteoric rise in the past fifteen months, it seems that somehow a more valuable and prolific technology has arisen alongside it. It’s hard to imagine anything being more popular or important than a commodity that grew its collective cap from less than $20 billion to more than $850 billion in less than a […]

Macau Warning to Public Over Possible Fraud with Cryptocurrency Firm, Links to Cambridge Analytica

Financial authorities in Macau have issued a warning over possible ‘fraud and criminal activities’ in relation to a cryptocurrency firm backed by a former gangster. The warning comes following revelations that Macau Dragon Group, a firm associated with ‘Broken Tooth’ Wan Kuok-koi, employed the British company Cambridge Analytica, to promote its token, Dragon Coin, a […]

Savedroid Fakes $50 Million ICO Exit Scam, Community Outraged

It’s been reported earlier this week that Yassin Hankir, CEO of German-based startup Savedroid, took off with the $50 million raised in its initial coin offering. The following day, Hankir posted a Youtube video to explain that it was a ‘drastic campaign’ to prove how easy it is to fool investors within the cryptocurrency space […]

Inflation at 8900% Turns Venezuelans to Bitcoin In Record Volumes

Venezuela, the most hardline socialist country in the American continent, is in a steep crisis in recent years ever since oil prices fell below the $100 area in 2014 down to a third of the price in early 2016. The people are turning to Bitcoin as spiraling inflation destroys the economy. Bitcoin Adoption Hits Record Highs […]

Cardano Price Technical Analysis – ADA/USD Accelerating Higher

Key Highlights ADA price gained upside momentum and settled above $0.2600 against the US Dollar (tethered). There is a rising channel forming with support around the $0.2650 level on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair remains in a strong uptrend and it could accelerate above the $0.3000 level […]