Chicago Mayor Calls Crypto Adoption Inevitable

The 55th Mayor of Chicago and Former Chief of Staff for the Obama Administration has expressed his views on cryptocurrencies. Rahm Emanuel has spoken out that the adoption of cryptocurrencies is inevitable in the near future. This discussion took place in a recent debate during the city’s Fintech movement.  A …

Twitch No Longer Accepts Crypto Payments

One of the most popular streaming platforms Twitch.tv and stopped accepting payments through Bitcoin and Bitcoin cash. This move was quietly executed and no prior notification was provided to the users. Notably, Twitch has more than 15 million daily active users as of May 2018. This move by the company …

Switzerland Approves Crypto Regulations

  Switzerland joins the increasing list of countries who have shown a positive stance towards cryptocurrencies. The Swiss Federal Assembly, the government body which is responsible for managing the country’s legislation. The governing body approved a motion of 20th March, directing the Federal Council to regulate cryptocurrencies. Switzerland has been …

Blockchain Thrives In Ireland Amid Brexit Concerns

  Ireland has seen strong growth, nearly a decade after the banking crisis and international back out. However, financiers and investors fear a “no deal” Brexit – in which the UK leaves the European Union without trade agreement at the end of the month. This could turn out destructive for …

Stellar Lumens Listed on Coinbase Pro

In a recent development, Stellar Lumens has been added to Coinbase’s cryptocurrency exchange. On Wednesday, Coinbase Pro announced that they are accepting deposits of XLM. They added that trading support will be added for the digital currency once sufficient liquidity has been established. This process is expected to take at …

Gatecoin Shuts Down

After suffering for a high profile theft that resulted in a loss of $2 million, Gatecoin is finally shutting down. The company was one of the first digital asset exchange service. Gatecoin was launched back in 2013 in Hong Kong. The company was focused on Bitcoin, Ethereum and tokens based …

Thailand’s First ICO Portal is Here

Securities and Exchange Commission (SEC) Thailand has recently approved the country’s first portal for Initial Coin Offerings (ICOs). The purpose of approving the ICO portal is to screen tokens, perform due diligence, ensure project consistency with its whitepaper, and verify the know-your-customer process. According to Bangkok’s post, the county’s SEC’s …

Man Tortured With Drill Amidst Crypto Robbery

Cryptocurrencies are known for their privacy and security features. A person trying to gain access to your data cannot do it without the correct password, making it significantly safer than a bank. However, there are times when such features end up turning against you. This is what happened in a …

Massachusetts Turns Supportive Towards Crypto

Massachusetts has shown a hostile stance towards cryptocurrencies and blockchain technology in the past. In a surprising turn on events, the state has launched a fintech advisory group that intends to support blockchain startups. American Banker, the financial outlet was the first to report this development. The state’s top securities …

South Korea Introduces New Anti-Crime Crypto Measures

The South Korean Supreme Prosecutor Office (SPO) has taken serious measures to crack down on cryptocurrency based fraud and crimes in the country. This news was revealed by the Korean Broadcasting System (KBS) in a recent article. Based on the information provided in this article, there is a new task …