The cryptocurrency industry attracts people from all strides of life. Some people see the big picture, whereas others want to get rich quick. One teenager making fake bomb threats has been sentenced to 10 years in prison. Interestingly enough, this perpetrator was paid nearly $800,000 in Bitcoin. Bomb Hoaxes are a Serious Crime It remains unclear…

Bitcoin miners face tougher times ahead as the government scraps subsidized electricity for local cryptocurrency miners. This move comes amidst the dwindling price of virtual currencies which is already forcing some miners out of business. Hard Knocks for Bitcoin Miners in Norway According to reports in the local media, Bitcoin miners will no longer enjoy subsidized electricity…

US-based internet retailer Overstock has seen a surge in its share price after the CEO announced plans to sell its retail-oriented business and to focus on previously acquired blockchain startups. Overstock to Sell its Retail Arm Overstock CEO Patrick Byrne told the Wall Street Journal that he intends to sell Overstock’s landmark retail business arm. …

The drop in Bitcoin hashrate has sparked rumors China has turned off huge numbers of mining rigs as the process is no longer profitable. ‘More Economic To Turn Them Off’ Video and photo content which allegedly came from F2Pool owner BitFish hit western social media November 20, being uploaded by local news feed cnLedger and Primitive…

It’s been a horrible year for cryptocurrency. Assets down an average of 90 percent, constant despair and each new day bringing fresh horror. Who’d want to be a bitcoin trader? But when you zoom out beyond the cryptosphere to gain some perspective, it turns out that crypto’s not doing so…

The decentralized eSports start-up has successfully completed its ICO, and the platform is slated for a March 2019 launch. Successful ICO in a bearish market Plair, a blockchain start-up that intends to build a decentralized gaming eco-system, has completed its Initial Coin Offering (ICO) raising $22 Million. …

Bitcoin is gaining bearish momentum since its downside break from a falling wedge pattern. Price appears to be forming a descending channel on its daily time frame and is setting its sights on the very bottom. For now, Bitcoin is hovering around support at the mid-channel area of interest, but…

Hardware cryptocurrency wallets are becoming more popular. Consumers and corporations act to ensure they can store their holdings in a safe and secure manner. Trezor is one of the few manufacturers providing these products. However, the company noted fake copies are being sold on the Internet. Beware of Fake Trezor Devices A cryptocurrency hardware wallet…

The Bakkt Bitcoin futures trading product will not go live in 2018 as the Intercontinental Exchange (ICE) pushes the launch to January 2019. This announcement comes even as the cryptocurrency market continues to experience a decline with BTC trading below $5,000. Reasons for the Delay In an official ICE press release published on Tuesday…