Bitcoin

BTCC Mining Pool to Indefinitely Close this November

BTCC has announced that the oldest Bitcoin exchange in China will be indefinitely closing its mining pool beginning November 30.

Jack Dorsey’s Square Market Cap Hits $30B

Jack Dorsey’s Square has reportedly reached a market cap of $30 billion, surpassing Twitter.

Bitmain to Sell New Bitcoin Miners this Week

Bitmain has announced that its new Antminer S15 and T15 machines will go on sale starting November 8.

Binance Supports Slated Bitcoin Cash Fork

Binance, the world’s largest digital currency exchange, has announced plans to support the upcoming hard fork of Bitcoin Cash, slated to be launched on November 15.    

Survey Reveals Over Half of US Voters Support Legalization of Crypto Donations for Electoral...

A survey conducted by blockchain research company Clovr indicated that over 60 percent of U.S. voters are in favor of legalizing cryptocurrency donations for federal elections.

21-Year Old Bitcoin Dealer Faces 5-Year Imprisonment Over Operating Unlicensed Business

A Bitcoin dealer in California has pled guilty in federal court over running an unlicensed money transmitting business which had amassed hundreds of thousands of dollars from over 1,000 customers.

Unocoin CEO Narrates India’s Clampdown on Bitcoin ATMs

In the wake of the arrest of the co-founder of Indian cryptocurrency exchange Unocoin over allegations of illegally operating a Bitcoin ATM, exchange CEO Sathvik Vishwanath provided a detailed account of his detainment.

SEC Official Tells Bitcoin ETF Applicants to Focus on Market Surveillance, Custody, & Liquidity

The US SEC Commissioner attorney Kara Stein said that Bitcoin ETF applicants should focus on market surveillance, liquidity, and custody.

Mobile Payments Firm Square Open-Sources Offline Bitcoin Wallet

San Francisco-based mobile payment company Square is open-sourcing its enterprise offline Bitcoin wallet on Github.  

Judge Orders Trading Company, CEO to Pay $2.5M in Bitcoin Ponzi Scheme

According to the court order, Gelfman Blueprint Inc. (GBI) and its chief executive officer Nicholas Gelfman must pay a total of $2.5 million in penalties and restitution.

CME’s Q3 Bitcoin Futures Contract Up by 41%; Reaches Volume High of 5,053 Contracts

From first quarter’s 1,523, open interest for CME Bitcoin futures contracts has increased to 2,405 contracts in the second quarter. The third quarter has seen another rise with 2,873 contracts.

Indian Crypto Exchange Unocoin Launches First Bitcoin ATM

Indian Crypto asset blockchain company Unocoin has recently launched its first Bitcoin ATM in Bangalore, in an effort to improve crypto-to-fiat liquidity amid the country’s prevailing blanket ban.   

U.K. Cloud Mining Firm Argo Offers Bitcoin Mining on Its Platform

The London-based crypto cloud mining firm will introduce Bitcoin to its list of altcoins beginning November 1.

Chinese Bitcoin Miner Gets 3.5 Years in Prison for Electricity Theft

The Chinese man, Xu Xinghu, has been sentenced to three and a half years in prison and ordered to pay a fine of about $14,500.

Attacker Prints 235M Pigeoncoins as “Bitcoin Bug” is Exploited on Crypto Fork

With 970 million Pigeoncoins in circulation, the attacker has printed an amount equivalent to one-quarter of all publicly traded Pigeoncoins.
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