Despite its recent rejections of Bitcoin exchange-traded funds, ETF applications by new exchanges, the US Securities and Exchange Commission insist it would review the rejections. It would be recalled that the US SEC had yesterday delivered another damning verdict that saw the rejection of nine separate bitcoin ETFs. ETF provider […]
The United States’ Securities and Exchange Commission, SEC, has again rejected nine applications for Bitcoin exchange-traded funds, ETFs. ETF provider Direxion proposed to list and trade five bitcoin ETFs, while GraniteShares and ProShare presented two each, all of which were rejected by the SEC. These wave of rejection is coming […]
US payTV giant, DISH said it has added Bitcoin Cash as a payment option and is now using BitPay, the largest global blockchain payments provider, as the payment processor for Bitcoin and Bitcoin Cash transactions with customers. “We’ve added Bitcoin Cash just as we chose to accept Bitcoin to serve […]
The world’s most valuable cryptocurrency, Bitcoin has nosedived from N2.9 million to N2.7 million after the US SEC declined to approve Winklevoss exchange-traded funds, ETF. According to Investopedia, an EFT or exchange-traded fund, is a marketable security that tracks an index, a commodity, bonds, or a basket of assets like […]
Nearly 24 hours after the Kodak KashMiner scam collapsed, it is not yet clear how much investors would have lost to the scheme. It came as a rude shock to many people in the cryptocurrency community that the much publicised Kodak KashMiner, a scheme that linked itself with Kodak went […]
The price of Bitcoin on most exchanges have plummeted by more 10% after Coinrail, a Korean cryptocurrency exchange was hacked. Coinrail sent out a tweet to confirm the hack saying “cyber intrusion” on Sunday, causing a loss for about 30% of the coins traded on the exchange. It did not […]
Citing people with the knowledge of the matter, Bloomberg said the US Justice Department has opened a criminal probe into whether traders are manipulating the price of Bitcoin and other digital currencies. Bloomberg said the investigations are part of the dramatically ratcheting up U.S. scrutiny of red-hot markets that critics […]
Competition in the Bitcoin miner production is expected to increase as Zhejiang Ebang and Canaan Creative two of Hong Kong’s largest Bitcoin miner producers plan to file for an Initial public offering, IPO. According to Reuters News, Canaan Creative filed a listing application to the Stock Exchange of Hong Kong […]
Cryptocurrencies have been around for a while, but there is no doubt that the year 2017 was the year they become more popular. Even though cryptocurrencies are getting attention from all sectors of the global economy, from governments and financial institutions, most of the attention has been focused on Bitcoin. […]
In a very complicated and confusing development, AP CNigeria, the supposed Twitter account of the All Progressives Congress, APC has been hijacked by an unknown hacker. The Twitter which as denied as the official account of the party by its spokesman, Bolaji Abdullahi, is now demanding for 100,000 in Bitcoins […]