Posted Date: November 12, 2018
DMG Blockchain Solutions has announced that it has started generating up to 60 megawatts (MW) of electricity at an 85MW substation it owns in western Canada. It will use the substation to power its flagship cryptocurrency mining facility, which is one of the largest such sites in the country by power output.  Also Read: Vietnam at Crossroads on […] The post DMG Starts Operating 60MW Bitcoin Mine in British Columbia appeared first on Bitcoin News.

Posted Date: November 12, 2018
South Korean cryptocurrency exchange Upbit has reportedly started marketing new crypto exchanges in Thailand and Indonesia as part of its global expansion plans. The company recently launched an exchange in Singapore. Over 130 coins and 240 trading pairs will be offered on both of the new Upbit exchanges, according to their websites. Also read: Yahoo! Japan […] The post South Korea’s Upbit to Launch Cryptocurrency Exchanges in Thailand and Indonesia appeared first on Bitcoin News.

Posted Date: November 12, 2018
Vietnamese authorities are still considering their approach to regulating the cryptocurrency space. The Ministry of Justice has put forward several alternative solutions and the Ministry of Industry and Trade has expressed its opposition to the ban on imports of mining equipment. Also read: Uzbekistan Sets up International Arbitration Center for Crypto Businesses Justice Ministry Reports […] The post Vietnam at Crossroads on Cryptocurrency Regulations appeared first on Bitcoin News.

Posted Date: November 12, 2018
Since our last markets update five days ago, a lot has changed as a good chunk of the top cryptocurrency markets have dipped in value over the last three and a half days. Bitcoin cash markets touched a high of $638 on Wednesday, Nov. 7, but now prices are hovering around $544 per BCH on […] The post Markets Update: All Eyes on Bitcoin Cash Prices Before the Pending Fork appeared first on Bitcoin News.

Posted Date: November 11, 2018
In cryptocurrency exchange news, Binance’s CEO has described the exchange as “very healthy” despite the dramatic reduction in trade volume compared with early 2018, and Gate.io was recently breached via a malicious script added to web analytics provider Statcounter. Also, a South Korean ICO raising money for a crypto exchange desk appears to have pulled […] The post Exchanges Roundup: Binance ‘Very Healthy’ Despite Volume Drop, Gate.io Breached appeared first on Bitcoin News.

Posted Date: November 11, 2018
In today’s edition of The Daily, we feature a story about William Shatner flaunting his vast crypto knowledge, from Tether to Kitties. Additionally covered are a bank which wants to offer a digital deposit box for exchanges and investment funds, a new development in the Charlie Shrem lawsuit and more. Also Read: Marshall Islands President […] The post The Daily: Shatner Dives Deep Into Crypto, Bank to Launch Digital Deposit Box appeared first on Bitcoin News.

Posted Date: November 11, 2018
Cryptocurrency exchange Zeniex has announced that it is terminating all services after South Korea’s financial authorities started cracking down on unauthorized crypto funds. The exchange is asking its customers to withdraw their cryptocurrencies before the end-of-service date. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Terminating Services and Fund Zeniex, an exchange launched in May, […] The post Korean Exchange Terminating After Regulator Crackdown appeared first on Bitcoin News.

Posted Date: November 11, 2018
In recent regulatory news, the chairman of the United States Commodity Futures Trading Commission has predicted that distributed ledger technology will soon be adopted by the CFTC to monitor the financial markets, and a supervisor of the REACT Task Force has emphasized the priority placed on policing SIM swapping in Northern California. In addition, Germany’s […] The post Regulations Roundup: CFTC to Embrace DLT, SIM Swapping Task Force appeared first on Bitcoin News.

Posted Date: November 11, 2018
Iran has finalized the development of its national cryptocurrency, which is backed by the local fiat unit, the rial. Once the Central Bank of Iran (CBI) approves its use, the yet-to-be-named digital currency will then be issued to banking institutions for testing in payments, internal and interbank settlements according to local media reports. Also Read: Bahamas […] The post Iran Completes Development of Rial-Supported National Cryptocurrency appeared first on Bitcoin News.

Posted Date: November 11, 2018
The Division of Securities of the U.S. state of Colorado has issued four new cease-and-desist orders to stop as many companies from promoting their tokens to residents of the state. So far, action has been taken against a total of 12 initial coin offerings by the state’s securities commissioner. Also read: Yahoo! Japan Confirms Entrance Into the […] The post Colorado Takes Action Against Four More ICOs – 12 in Total appeared first on Bitcoin News.