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Metal-Backed Tiberius Coin ICO Put on Hold Due to High Credit Card Fees

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This Tuesday, Tiberius Technology Ventures temporarily halted sales of its metals-backed digital currency Tiberius Coin. The firm plans to refund $1 million to investors due to high credit card fees that it said made the project unworkable. Tiberius Coin Explained In January of this year the concept first came to light when Swiss-based Tiberius announced

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Expert: Self-Regulation on Crypto Exchanges Not Enough to Appeal to Institutional investors

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In the absence of regulatory oversight, crypto insiders are looking for ways to self-regulate in attempts to make the industry more attractive to institutional investors, some of whom are wary of entering the market due to the potential for hacks and fraud. But some experts are calling into question the practicality of these groups. Industry Groups Look

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US Bitcoin Investment Trust Drops to Lowest Levels in a Year

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The only U.S. Bitcoin investment trust, GBTC, has dropped to its lowest levels of the year — down 10% last week alone. Bitcoin’s current price certainly has an effect, but these levels are more-so a response to a combination of other factors: high fees associated with the fund, investor attraction from GBTC competitors, and regulatory

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WSJ Investigation: ShapeShift Is Being Used by Criminals, Illogical Comparison

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An investigative report has been published regarding the popular crypto exchange ShapeShift AG, a firm that is registered in Switzerland. Money laundering is the problem at hand, and the report highlights a potentially worrying theme: that ShapeShift enables anonymous users to convert Bitcoin–which authorities can’t track–into other digital currencies that allow for much more anonymity.  Wall

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Ethereum Co-founder: Cryptocurrency Next Logical Step in Evolution of Money

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Consider that years ago the idea of paper money — let alone digital money — seemed abstract. In fact, when Marco Polo first came back from his travels in the East, his stories of people in China using paper representations of money (as opposed to metal) were discredited as sorcery. It would take until the late 17th century

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Japan’s FSA Demands Information From Crypto Exchange Zaif Regarding Recent Hack

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Japanese cryptocurrency firm Tech Bureau Corp’s Zaif exchange was hacked mid-month, where digital coin losses amounted to 7 billion yen ($60 million). Today, the country’s financial watchdog has accused the firm of failing to provide details on how thieves hacked the exchange and also for not explaining its delay in reporting the hack itself. Financial

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US Congress Holding Roundtable With Industry Insiders to Draft Growth Promoting Regulations

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Facing a murky regulatory landscape in the U.S., representative Warren Davidson, R-Ohio, is hosting a roundtable Tuesday that includes representatives from Wall Street, venture capital firms, government regulators, and cryptocurrency industry insiders in attempts to draft policy that doesn’t stifle growth. Crypto Regulation to Be Discussed by Insiders as Well as Government Regulators The discussions,

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SBI Remit is Using the Blockchain to Make Money Transfers Between Japan and Africa

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SBI Remit, a Japanese money transfer company, is teaming up with a venture-backed firm to use its new treasury management service that uses the blockchain for increased transparency and liquidity to small and medium-sized businesses operating between Japan and Africa. SBI Remit and BitPesa The service is provided by BitPesa, which has raised $10 million to

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Lawyer: ShapeShift’s Membership Move Follows “Threats” From Regulators

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News came yesterday that the Bitcoin exchange ShapeShift are introducing a new membership initiative — implying that users will have to provide more personal data in order to use the platform’s services. ShapeShift Announces Membership Program According to the company’s Tweet, which also contained a link to a more expansive definition of the new terms:

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Startups Will Be Next Big Thing on Blockchain, Says Crowdfunding Giant Boomstarter

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Startups Will Be Next Big Thing on Blockchain, Says Crowdfunding Giant Boomstarter

Well-established crowdfunding service adds blockchain to go global The crowdfunding market is ripe for blockchain disruption Crowdfunding on blockchain is expected to be the fastest growing application As you look at the performance of cryptocurrencies and ICOs over the past 12 months, you’d see positive returns for just a quarter of the time. Now in

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