News

MrBitcoin May 25, 2018

The Financial Conduct Authority (FCA) is launching investigations into 24 different cryptocurrency companies. The U.K.’s financial watchdog did not name which specific businesses they were inspecting. Crypto Firms Come Under Scrutiny in the UK According to reports in U.K. news publication CityWire, the U.K.’s financial watchdog, the FCA, is looking at 24 crypo firms. The […]

MrBitcoin May 25, 2018

Blockchain has become somewhat of a buzzword in the financial sector. Many people have high expectations for this revolutionary technology. However, some critics claim the financial sector needs decentralization, rather than more proprietary solutions. There are some reasons as to why this latter approach may be preferable. Is Blockchain Over-hyped? According to a recent piece […]

MrBitcoin May 25, 2018

Key Highlights ETH price has started an upside correction and it moved above $590 against the US Dollar. There was a break above a key bearish trend line with resistance at $592 on the hourly chart of ETH/USD (data feed via Kraken). The pair is now approaching another important bearish trend line with resistance at […]

MrBitcoin May 24, 2018

The Chinese wine industry is worth $2.8 billion. In attempts to improve trust, Shanghai-based startup VeChain is using blockchain technology to track imports to the city — the mainland’s second-largest market for imported wine — from vine to table. VeChain: Using Blockchain to Build Trust in Wine Industry To start, VeChain is teaming up with […]

MrBitcoin May 24, 2018

Kasko2go auto insurance application is based on cutting-edge technologies. This unique product has adopted gamification with its vast opportunities to create a community of safe drivers, motivate good driving patterns, and provide customers with a new user experience. Buying a product or a service is not enough for people. In different aspects of life, it […]

MrBitcoin May 24, 2018

Regulatory changes will affect the cryptocurrency and blockchain ecosystems in the future. The Monetary Authority of Singapore is looking to make some changes. A consultation paper has been presented to make the exchange ecosystem more competitive. This is positive news for the cryptocurrency ecosystem as a whole. Improving The Position of Singapore When Singapore introduced […]

MrBitcoin May 24, 2018

As cryptocurrencies continue to increase in popularity and adoption, investors and users are experiencing an increase in malicious coin miners that utilize the semi-anonymity offered by cryptocurrencies for financial gain. ITWeb Security Summit  This is according to Helge Husemann, product manager for Malwarebytes who spoke at ITWeb’s Security Summit 2018. Husemann hypothesized that because the mining process […]

MrBitcoin May 23, 2018

According to an article published earlier today, two of Bloomberg’s top crypto reporters are the latest to be targeted by scammers. Olga Kharif and Lily Katz have reportedly had their Twitter accounts spoofed and fraudsters have used their identities to illicit payments in crypto from naive followers. Latest of Many High Profile Twitter Scams Involving Cryptocurrency […]

MrBitcoin May 23, 2018

The explosion in ICO projects has made choosing which ones to participate in a very complicated task, and the competition between them extremely fierce. Back in 2015, the Lisk founders raised 14,000 bitcoin with a team of just 2 people! Doing that today seems impossible: teams are paying thousands just to get famous industry advisors, […]

MrBitcoin May 23, 2018

Key Highlights ADA price declined recently and broke a key support at $0.2300 against the US Dollar (tethered). There was a break below an important bullish trend line with support at $0.2450 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair traded towards the $0.2100 level and it seems like […]