Posted Date: November 14, 2017
European Securities and Markets Authority (ESMA) issued two same-day warnings concerning initial coin offerings (ICO) on 13 November after the preceding weekend was witness to dramatic swings in prices and volatility. One release is geared toward investors and the other is aimed at participating firms.  Also read: Israel Securities Authority Chairman Outlines Concerns Regarding ICOs ESMA Warns […] The post After Rollercoaster Crypto Price Weekend, European Union Issues Two ICO Warnings appeared first on Bitcoin News.

Posted Date: November 14, 2017
Chinese bitcoin miners are the latest tranche of the country’s cryptocurrency community to be hit by restrictions. This time it’s not the government but a subsidiary of the State Grid Corporation that has issued the decree, in a move which calls into question the country’s ability to sustain bitcoin mining operations. At present, both the […] The post Chinese Hydroelectric Crackdown Could Herald the Demise of Cheap Bitcoin Mining appeared first on Bitcoin News.

Posted Date: November 14, 2017
After almost endorsing cryptocurrencies, Blackrock Inc’s Chief described to Reuters how the world’s most popular cryptocurrency “is tiny in the scheme of financial markets. There’s too much focus on bitcoin,” he lamented. “I don’t know why it has so much fascination for the press,” he continued at an annual gathering of financial elites in New […] The post 6 Trillion Dollar Man Says “Tiny” Bitcoin Succeeds Due to Being “Anonymous” and “Cross-Border” appeared first on Bitcoin News.

Posted Date: November 14, 2017
Zug Switzerland highly anticipated ICO, trade.io announced it has licensed advanced technology from Modulus, a leading provider of financial technology products for over 20 years. Modulus has provided its services to The Nasdaq Stock Market, Microsoft, and Google, amongst many other top names, in addition to millions of individual investors and traders around the world. The post PR: Trade.io Announces Strategic Technical Alliance with Financial Technology Giant Modulus in Support of Blockchain and Artificial Intelligence Initiatives appeared first on Bitcoin News.

Posted Date: November 14, 2017
Users of Bithumb, the world’s largest cryptocurrency exchange, have filed a class action lawsuit following a costly server outage on November 12. Despite only lasting 90 minutes, the outage cost traders millions of dollars, occurring at the height of frenzied bitcoin cash trading. One customer complained of losing 250 million won ($223,000) in the chaos. […] The post Police Posted at Bithumb as Users File Lawsuit After Server Outage Costs Millions appeared first on Bitcoin News.

Posted Date: November 14, 2017
Craig Wright, the man who famously claimed to be Satoshi Nakamoto, is back in the news again. This time he’s weighed into the bitcoin scaling debate, which is becoming increasingly politicized. In a post entitled “Scaling Bitcoin and what some will do to stop this”, he refutes sceptics who believe that bitcoin can’t scale to […] The post Craig Wright Pushes For 1GB Blocks to Attain Visa-Level Bitcoin Scaling appeared first on Bitcoin News.

Posted Date: November 14, 2017
The Russian Association of Blockchain and Cryptocurrency has conducted a study to determine the best location for cryptocurrency mining in the country. The best region found is a major transport and distribution center as well as a transit hub with cheap electricity. Currently, there are very little crypto mining activities in that area. Also read: Sberbank […] The post Russia Has Found Best Location for Crypto Miners appeared first on Bitcoin News.

Posted Date: November 14, 2017
The North American Bitcoin Conference, as part of the World Blockchain Forum: Investments & ICOs, is heading to Miami for its sixth installment. On the weekend of January 18 & 19, more than 1000 Bitcoin and blockchain community members will converge on Miami for a historical conference aimed at driving cryptocurrency from niche to mainstream. Now in its sixth year, The North American Bitcoin Conference is the longest running and most attended finance conference for the Bitcoin, finance, and cryptocurrency industries. The post PR: North American Bitcoin Conference Set to Heat up Miami appeared first on Bitcoin News.

Posted Date: November 14, 2017
At approximately 4 pm EDT at block height 504031, the Bitcoin Cash (BCH) network successfully hard forked. The fork is a change to the decentralized currency’s consensus rules and aims to upgrade the network’s Difficulty Adjustment Algorithm (DAA). Also read: Bitcoin.com Wallet Celebrates 500,000 Downloads in Three Months The Bitcoin Cash Network Has Successfully Hard Forked […] The post Bitcoin Cash Network Completes a Successful Hard Fork appeared first on Bitcoin News.

Posted Date: November 14, 2017
On November 12, the Bitcoin Gold network went live at 4 pm EDT according to the team’s blog page and Slack channel. The controversial project currently has a full node client, but public mining didn’t start until private miners reached block height 499407. Also read: Swedish Pirate Rick Falkvinge Brings Humor and Profundity to Bitcoin Cash […] The post Bitcoin Gold’s Confusing Mainnet Launch Has a Rough Start appeared first on Bitcoin News.