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In an increasingly competitive landscape and a testament to an industry that is becoming mainstream crypto companies are spending millions on marketing campaigns during the Super Bowl. While. ....
On Feb. 8, the U.S. Justice Department (DOJ) announced it had arrested two individuals for an alleged conspiracy to launder cryptocurrency stolen during the 2016 hack of Bitfinex crypto presently. ....
Vivek Makhijani decodes cryptocurrency at Futurebound telegraphindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from telegraphindia.com Daily Mail and Mail on Sunday newspapers.
As CoinDesk reported, there are a few theories for the crash. One surrounds rumors that the U.S. Treasury is preparing to charge several financial institutions for money laundering with cryptocurrencies. Another stems from an old CNBC report on a potential Bitcoin ban in India. Still, some analysts are attributing the selloff to a mining outage in China. According to analyst Willy Woo, everything started last week in Xinjiang when facility safety inspections triggered a blackout. Woo writes that these blackouts were significant, because Xinjiang contributes one-quarter of the global hash rate. So where do things go from here? While some experts are busy focusing on the cause of the crypto cash, one powerful upside catalyst is brewing in China. According to a new report, the nation is warming up to Bitcoin as an investment alternative. This could be significant for cryptocurrencies, according to industry insiders. Keep this story on your radar. ....