Nymex Veteran Targets Institutions With Cryptocurrency Exchange

J. Robert Collins Jr., the former president of the New York Mercantile Exchange, plans to launch the San Juan Mercantile Exchange in October as a venue for broker dealers and other professional investors to trade digital assets such as Bitcoin and Ripple. The venture is an attempt to bring a level of … read more …

John Oliver’s Cryptocurrency Rant Is Not Only Hilarious, But Actually Explains Cryptocurrency In A …

But considering how popular (and, in Bitcoin's case, profitable) the digital currency is becoming, it's certainly worth sussing out the basics, and on Last Week Tonight on Sunday, John Oliver went on a cryptocurrency rant that actually explained it, sort of. And he used Beanie Babies! Indeed, Oliver … read more …

Watch John Oliver Explain Bitcoin Using Chicken McNuggets and Beanie Babies

On Sunday, John Oliver used the main segment on Last Week Tonight to deliver his skeptical take on cryptocurrency, a sector that was almost begging for a takedown from HBO's resident skeptic. Like many of Oliver's targets, the world of cryptocurrency is a complex, jargon-heavy space that not many … read more …

Austria Looks to Gold as Inspiration for Cryptocurrency Regulation

The Austrian finance ministry said in February that it is drawing on gold trading regulations as inspiration for the writing of cryptocurrency rules. Hartwig Loeger, the finance minister of Austria, said that Bitcoin trades of 10,000 euros and above should be reported, and counterparties identified. This is how … read more …

Cryptocurrency Exchange Binance Posts $250000 Reward for Hackers’ Arrest

Cryptocurrency exchange Binance has posted a bounty reward worth the equivalent of $250,000 to anyone who provides information leading to the arrest of hackers who launched a cyber attack on the platform last week. The Japan-headquartered platform, led by CEO Changpeng Zhao, said in a blog … read more …

This US Town Could Become the First to Ban Cryptocurrency Mining

Cryptocurrency mining — which requires considerable computing power and therefore electricity — saps about 10% of Plattsburgh's monthly supply of power, Read told The New York Times earlier this year. The city receives its power at discounted rates based on long-standing contracts, so long as it … read more …

Delta Simplifies Cryptocurrency Portfolio Tracking and Adds Exchange Account Connections With …

Delta, the ultimate Bitcoin & cryptocurrency portfolio tracker app, today announces the launch of Delta 1.6 for iOS & Android, adding Exchange Account Connections with the ability for deposits, withdrawals and transfers. Beautifully designed for efficiency and simplicity, Delta 1.6 aims to save crypto … read more …

Austria Looks to Gold as Inspiration for Cryptocurrency Regulation

Gold is often seen by authorities as a potential vehicle for criminal activity, a fact which has been overshadowed of late by the preponderance of cryptocurrency on the airwaves. Retail sales of gold are exempted from VAT in the EU, and traders of gold are not subject to the extensive rules that their peers … read more …

Binance offers $10 million in cryptocurrency to nab hackers

This offensive strategy stems from a failed hacking attempt on 7 March, when a large-scale phishing scam culminated in hackers almost stealing millions of dollars in cryptocurrency. For that hack attempt alone, Binance is offering a $250,000 equivalent bounty to the first person to supply any information … read more …