Posted Date: March 13, 2018
A large illegal facility for mining bitcoin was discovered by police in the Russian city of Orenburg. The farm has been set up on the premises of an abandoned factory. The masterminds of the crypto project have stolen electricity worth 60 million rubles. They risk years of imprisonment.    Also read: Bitmain Opens Repair Center […] The post Large Mining Farm Discovered in Abandoned Russian Factory appeared first on Bitcoin News.

Posted Date: March 13, 2018
Traditional stock investors have just gotten another avenue for indirect exposure to the bitcoin market. A Nasdaq exchange listed former patent management company, Marathon, has changed its focus to ASIC mining and today started producing bitcoin. Also Read: Silicon Valley VCs Help Crypto Hedge Fund Reach Quarter Billion Target Marathon Mining Marathon Patent Group, Inc. […] The post Nasdaq-Listed Marathon Begins Bitcoin Mining Operations, Stock Up 32% appeared first on Bitcoin News.

Posted Date: March 13, 2018
Economic uncertainty appears to have spurred a significant spike in the number of South African citizens engaging with bitcoin and cryptocurrency. As of this writing, South African Google searches for bitcoin currently comprising the highest in proportion to country among the top 66 countries by search traffic. Also Read: Physical Bitcoin Mining Hardware Store Bitmart Opens […] The post South African Google Searches for Bitcoin Spike Amid Economic Uncertainty appeared first on Bitcoin News.

Posted Date: March 13, 2018
Another survey has revealed that the business world is eager to start using bitcoin to save on transactions costs and reduce dependence on entrenched systems. However, many companies are still concerned that holding bitcoin will make them a target for hackers. Also Read: Silicon Valley VCs Help Crypto Hedge Fund Reach Quarter Billion Target Survey […] The post 80% of Companies Are Interested in Bitcoin Transactions, Survey Finds appeared first on Bitcoin News.

Posted Date: March 13, 2018
Running a major cryptocurrency exchange is a lucrative business. Coinbase is reported to have made over $1 billion last year, and Binance is on course to pull in $850 million annually. While the bulk of these profits come from trading fees, they’re not the only revenue stream: exchanges are also pocketing millions from the fees […] The post Cryptocurrency Exchanges Are Making Millions from Just Listing Coins appeared first on Bitcoin News.

Posted Date: March 13, 2018
The Chairman of the Thai Fintech Association (TFA) and Thailand’s Former Finance Minister, Korn Chatikavanij, has offered his support for recent proposals that Thailand’s Securities and Exchange Commission (SEC) should be tasked with developing and enforcing cryptocurrency regulations. Also Read: ‘Cryptomatoes’ Using Excess Mining Heat to Grow Produce Thai Fintech Association Chairman Supports SEC Regulation of […] The post Former Thai Finance Minister Supports Proposals for SEC-Regulated Cryptocurrency Sector appeared first on Bitcoin News.

Posted Date: March 13, 2018
On Sunday evening, John Oliver devoted 25 minutes to cryptocurrency on his eponymous HBO Show. The comedian and political commentator treated viewers to a whistle stop tour of crypto – the good, the bad, and the ugly – during Last Week Tonight with John Oliver on HBO. Topics included decentralization, Bitconnect, and blockchain. Also read: Study […] The post John Oliver Tackles Cryptocurrency on Last Week Tonight appeared first on Bitcoin News.

Posted Date: March 13, 2018
Thomson Reuters Corp has announced the launch of a gauge tracking the sentiment of cryptocurrency traders. The metric will track and examine discourse regarding bitcoin on hundreds of major social media websites and news outlets in order to estimate the majority sentiment of the bitcoin and cryptocurrency markets. Also Read: The Bitcoin Misery Index: Finding An […] The post Thomson Reuters and Marketpsych Launch Bitcoin Sentiment Index appeared first on Bitcoin News.

Posted Date: March 13, 2018
Globatalent, the blockchain platform which will decentralize the sports industry, has today announced that it is launching its initial coin offering. A project co-founded by experienced entrepreneurs within both the sports and the blockchain industries, Globatalent has vowed to revolutionize the sports industry by allowing more young athletes the opportunity to fulfil their potential while at the same time giving sports back to it’s fans. The post PR: Globatalent Announces Sports ICO appeared first on Bitcoin News.

Posted Date: March 13, 2018
Wopke Hoekstra, the Dutch finance minister, has issued a letter to Holland’s parliament describing the current regulatory framework pertaining to cryptocurrencies as “insufficiently equipped.” The minister advocates the development regional and international regulatory efforts in response to the burgeoning digital currency phenomenon. Also Read: Excessive Crypto Regulation Not Optimal, EU Banking Authority Says Dutch Cryptocurrency Investment […] The post Dutch Finance Minister Advocates Changes to European Crypto Laws appeared first on Bitcoin News.