India Likely To See Brain Drain Of 80% Of Its Blockchain Developers

The Reserve Bank of India (RBI) on April 6 notified banks asking them to stop offering services to exchanges and crypto-related businesses in India. Banks such as the SBI,  HDFC, AXIS, YES, ICICI, and Kotak Mahindra have already stopped most of their services to cryptocurrency exchanges and other entities and traders. This has certainly affected…

Forget Bitcoin: why gold is better than cryptocurrency when it comes to investment

Sylvia Carrasco, creator and CEO of Goldex, discusses the continuous argument dividing the investment community about whether to buy cryptocurrency rather of gold. The conversation trulywarmed up in 2015 when the value of Bitcoin equated to the price of an ounce of gold then exceeded its value by a long shot. By December 2017, Bitcoin…

Augur Surges 35%, Low Volume of Bitcoin May Result In Short-Term Drop

Over the past week, the volume of bitcoin has dropped from $5.5 billion to $3.5 billion, subsequent to a surge in the bitcoin price from $6,800 to $7,500. 36% Drop in Volume In seven days, the volume of bitcoin has dropped by 36 percent, by more than $2 billion. The volume of ether, the native…

Japan’s Cryptocurrency Self-Regulator Proposes Margin Topped Trading Guidelines

The Japan Virtual Currency Exchange Association(JVCEA), is set to propose margin capped trading guidelines, trying to decrease the threats of the varying market. Earlier in April, the 16 registered cryptocurrency exchange services in the country came together to form the Japan Virtual Currency Exchange Association (JVCEA)– a self-regulatory body designated to sanitize the regional cryptocurrency…

London Police to Receive Dedicated Cryptocurrency Crime Training

Federal government authorities still reveal significant concerns relating to Bitcoin. The majority of authorities see this type of loan as a tool for cash laundering. Cops forces all over the world requirement to get correct training to deal with these brand-new threats now and in the future.Training Police Authorities Is Critical Handling suspicious Bitcoin transactions…

Exchanges Round-Up: Dcex Uses XRP as Base Currency, Blocktrade Enters Beta

In recent news concerning bitcoin exchanges, Dcex has introduced a peer-to-peer cryptocurrency exchange that will utilize XRP as its base currency, ESMA managed exchange, Blocktrade, has opened for beta testing, and Coinfield has actually announced a partnership with fee-free trading app Moongo. Dcex to Release P2P Exchange Using XRP as Base Currency Dcex,”a cryptocurrency marketplace…

Digital Island of Man Joins the British Blockchain Association

Among the earliest adopters of blockchain innovation– the Digital Island of Male(Digital IOM )– is now for the crypto market and started inviting digital exchanges in 2013. The area likewise played host to the world’s regulatory-compliant preliminary coin offering(ICO)in 2017. This post originally appeared on Bitcoin Magazine. Source https://bitcoinmagazine.com/articles/digital-isle-man-joins-british-blockchain-association/

India’s Judgment Party Charged of Participation in ‘Mega Bitcoin Rip-off’

The Indian National Congress (INC) celebration, the largest political celebration in the nation, is implicating the judgment Bharatiya Janta Celebration (BJP) of money laundering through bitcoin.INC, more frequently referred to as the Congress Party, declared Thursday that the BJP was transforming”black loan” into white using bitcoin in the western state of Gujurat, the English-language day-to-day…

Ponzi Games Are Breaking Out on the Ethereum Blockchain

The hottest brand-new apps on ethereum look like an old favorite: the Ponzi scheme. At least that’s the early consensus on FOMO 3D and PoWH3D, two of the platform’s leading three apps getting in Tuesday.According to data site DappRadar, both video games have actually accumulated 20,000 ether ($9 million) in trading volume over the last…

Giant Bitcoin Merchant Bank Posts Losses Over $130 Million

Financing 3 hours ago| By Crypto Merchant Bank Galaxy Digital Posts Q1 Losses of Over $130 Million “I am extremely proud of the progress that we have made considering that the start of the year,” Galazy Digital CEO and founder, billionaire Mike Novogratz explained at a first quarter incomes call to financiers.”We have actually assembled…