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About raaner

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  1. Due to the increased spotlight on cryptocurrency, criminals are finding it more difficult to cash out their Bitcoin for fiat, but they are finding ways to do so. A common media portrayal is that of a criminal who plies their trade on the Dark Web and amassing a fortune in Bitcoin. It is true that the daddy of cryptocurrency can be used for all manner of illicit transactions, but an interesting phenomenon is now occurring. While some criminals have amassed a veritable fortune in bitcoins, they are finding it increasingly difficult to cash out the cryptocurrency to fiat. However, they are finding some ingenious ways to do so. Read More
  2. The Financial Stability Board, G20’s global watchdog, does not consider cryptocurrencies a risk to financial stability. In a letter to the Group of 20 central bankers and finance ministers, its Chair Mark Carney said FSB was pivoting away from designing new policies and focusing on reviewing existing rules. His comments suggest there is no G20 consensus on common crypto regulations, despite calls from member-states for adopting global guidelines. More Read
  3. Reports say that Twitter will follow in the footsteps of Facebook and Google by banning a wide range of cryptocurrency ads. It appears that the digital world of cyberspace is continuing to shrink for those seeking to publish cryptocurrency ads. Facebook was the first to lower the boom as the social media platform banned cryptocurrency ads. This was followed shortly thereafter by a similar purge by internet behemoth Google. Now reports are coming out, saying that Twitter is following suit by instituting a ban of their own. Read More
  4. Today marks the official release of Bitcoin Core 0.16.0, the 16th generation of Bitcoin’s original software client launched by Satoshi Nakamoto a little over nine years ago. Overseen by Bitcoin Core lead maintainer Wladimir van der Laan, this latest major release was developed by some 100 contributors over a span of five months. As is usual for new releases, Bitcoin Core 0.16.0 includes performance improvements, bug fixes and other optimizations. This release in particular includes several added features in the wallet interface. Most notably, Bitcoin Core 0.16.0 makes Segregated Witness (SegWit) fully available for wallet users, which is what most of the effort was focused on, and it is also why this release is sometimes referred to as a “SegWit special.” Read More
  5. It is still too early to determine whether or not all cryptocurrency markets will remain in the green for a while. The way things look right now, all markets look particularly healthy, even though we see some assets make major moves as we speak. If the XRP price is any indication, we may see some wild swings over the next few hours and days. With a strong 53.09% gain, the XRP price is back at $1.21 once again. READ MORE
  6. South Korean banks are further distancing themselves from bitcoin following the government’s ”emergency” regulation which bans them from direct involvement in cryptocurrency-related activities. Shinhan Bank and KB Kookmin Bank have announced that they are discontinuing their points for bitcoin exchange services in January. Read More
  7. Satoshi Nakamoto is the original hodler, having left the bulk of his coins unmoved since day one. The theoretical wealth of bitcoin’s pseudonymous creator is a hot topic, and one that the mainstream media are especially fond of pondering. In recent weeks, bitcoin’s record highs have propelled Satoshi into the billionaire league, making him one of the world’s 50 richest people. There’s another reason why Satoshi’s digital wealth is growing however: people keep sending him bitcoin. Read More
  8. Following in the footsteps of CBOE, the CME Group launched their own highly anticipated Bitcoin futures on Sunday evening. Come Monday morning, cryptocurrency’s overal market cap reached another milestone at a $600bln valuation, making this jump from its $500bln worth in just five days. Read More
  9. A growing number of Japanese retail investors are switching from leveraged FX trading to leveraged cryptocurrency trading, thus driving the crypto market, according to a recent Deutsche Bank’s research. Operators of Japan’s largest FX platforms are launching their own crypto exchanges, offering leverage of up to 25x. Read More

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