Month: January 2018

Your Investment Center

Number of People Looking for Crypto Careers Increased 10-Fold in 2017

Number of People Looking for Crypto Careers Increased 10-Fold in 2017 New data from the UK shows that interest in crypto careers more than doubled in December 2017 when the all time high Bitcoin price record dominated headlines​. The average salary for roles requiring “Blockchain” expertise ranges from £30,117 per year for a Research Analyst…
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January 31, 2018 0
Recovery

Bitcoin Price Watch; Consolidation, Breakout, Recovery

Bitcoin Price Watch; Consolidation, Breakout, Recovery It’s Wednesday evening and we are closing in on the end of yet another rough session in the bitcoin price. We were hoping for some degree of reprieve during the session today, with price dipping to fresh weekly lows overnight last night and setting up as if we were…
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January 31, 2018 0
Crime

South Korea Finds Nearly $600 Million in Crypto Crime

South Korea Finds Nearly $600 Million in Crypto Crime Reports from the 대한민국 Republic of South Korea (ROK) indicate its Customs Service announced on Wednesday, 31 January 2018, it has discovered “cryptocurrency crimes” which amount to nearly 600 million USD. South Korea Customs Service Finds Almost $600 Million in Cryptocurrency Crime ROK Customs Service released…
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January 31, 2018 0
Pre-Sale

Venezuela’s President Announces ‘Petro’ Token Pre-Sale

Venezuela’s President Announces ‘Petro’ Token Pre-Sale Nicolas Maduro, the president of Venezuela, has said the pre-sale of the country’s proposed cryptocurrency – the “petro” – will launch next month. Signing the petro white paper on Tuesday, Maduro stated that the initial sale of the token will commence on Feb. 20th. President Maduro also revealed that plans…
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January 31, 2018 0
BitConnect

US Court Freezes BitConnect Assets as Lawsuits Mount

US Court Freezes BitConnect Assets as Lawsuits Mount A temporary restraining order (TRO) freezing BitConnect’s assets has been granted in the U.S. after a second lawsuit was filed against the cryptocurrency exchange and lending platform on Monday. The order – granted by Chief District Judge Joseph McKinley, Jr. at the U.S. District Court, Western District…
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January 31, 2018 0
Tether

U.S. Regulators Subpoena Crypto Exchange Bitfinex, Tether

U.S. Regulators Subpoena Crypto Exchange Bitfinex, Tether By Matthew Leising January 30, 2018, 12:52 PM EST Updated on January 30, 2018, 1:56 PM EST Firms say they routinely get ‘legal process’ from regulators Tether has yet to verify that it holds $2.3 billion in reserve U.S. regulators are scrutinizing one of the world’s largest cryptocurrency exchanges as…
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January 31, 2018 0
Advertisements

Facebook Is Banning Advertisements for Bitcoin, ICOs

Facebook Is Banning Advertisements for Bitcoin, ICOs Social media giant Facebook has unveiled a new policy that bans advertisements involving bitcoin and initial coin offerings, among others. Rob Leathern, the company’s product management director, wrote in a Jan. 30 blog post that the new policy targets “ads that promote financial products and services that are frequently associated with…
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January 30, 2018 0
US Senator

‘Bitcoin Could Alter the World,’ Says Former US Senator

‘Bitcoin Could Alter the World,’ Says Former US Senator Former New Hampshire governor and three-term senator Judd Gregg has said he believes bitcoin could alter how the world views currency. In an opinion piece published by The Hill yesterday, Gregg outlined why he thinks people believe in bitcoin, how bitcoin could be used and what it could…
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January 30, 2018 0
South Korea

South Korea Ends Anonymous Cryptocurrency Trading Today

South Korea Ends Anonymous Cryptocurrency Trading Today The new South Korean cryptocurrency account system has entered into force nationwide today, ending the current practice that allowed for anonymous trading of cryptocurrencies. Traders must open real-name accounts at the same banks as their exchanges in order to deposit money to trade cryptocurrencies. Real-Name System Enforced South…
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January 30, 2018 0
Terrorism

Europol and Interpol to Increase Measures Against BTC Laundering and Terrorism Financing

Europol and Interpol to Increase Measures Against BTC Laundering and Terrorism Financing A two-day workshop involving over sixty financial investigators in Basel, Switzerland has seen Europol and Interpol agree upon a range of measures designed to ramp up efforts to combat the use of cryptocurrencies for money laundering and terrorist financing purposes. The event saw…
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January 30, 2018 0