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Kraken CEO Apologizes for Site Issues as Bitcoin Exchanges Struggle to Meet Demand

Featured As cryptomania has swept the world in 2017, the influx of new users has caused bottlenecks at major exchanges. From server outages to lack of customer support, recurrent issues have tormented users, many of whom have taken to social media to vent their frustrations. In a Reddit post on November 20, Kraken CEO Jesse Powell apologized for the

Markets Update: Traders Seek New Positions Waiting for the Next Price Swings

Markets and Prices Bitcoin markets have been hovering around some new price territories recently, as the currency reached a few all-time highs over the past 72-hours. BTC reached a top of $7,997 on the popular exchange Bitstamp, and has come awfully close to $8,000 throughout many other trading platforms. Cryptocurrency enthusiasts are steadily waiti

Japanese Publicly Listed Companies Launch Cryptocurrency Exchanges in South Korea

News Two Japanese companies listed on the Tokyo Stock Exchange have recently expanded their cryptocurrency operations into South Korea. One has partnered with a local company to launch a bitcoin exchange with a plan to add merchant services. The other held an ICO to develop a crypto exchange after launching a mobile game which allows users to earn bi

Major ATM Manufacturer Integrates Bitcoin, Exposure to Millions of Users

South Korea’s Hyosung, one of the largest ATM manufacturers in Asia, which also has its headquarters in Texas, has officially integrated Bitcoin into its international ATM models.South Korea's Hyosung, one of the worlds largest ATM manufacturers, which implemented #bitcoin support domestically years ago, has finally integrated #bitcoin into its international ATM model for retailers.Real adoption

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Prominent Investor: By 2040, There Will Be No World Without Bitcoin

Balaji Srinivasan, a prominent venture capital investor and the CEO at Earn.com, a Bitcoin-focused startup that has raised over a hundred million dollars in early-stage funding, believes by 2040, everyone under the age of 30 will “have never known a world without Bitcoin.”By 2040, everyone under 30 will have never known a world without Bitcoin. It may as well be gold. That’s the long-term ca

High Demand Prompts Japanese Bitcoin Exchange to Seek Partner in Russia

News A major Japanese bitcoin exchange is looking to enter the Russian cryptocurrency market and is seeking a local partner. The exchange’s CEO says “demand is huge” and urges Russia to look at Japan as a model for cryptocurrency regulations.Also read: Sberbank Apologizes for Buying Nearly All Graphics Cards on the Russian MarketJapanese E

Bitcoin Cash Network’s Block Intervals Settle With New DAA

News On November 13, news.Bitcoin.com reported on the successful completion of the Difficulty Adjustment Algorithm hard fork applied to the Bitcoin Cash (BCH) network. It’s been well over 24-hours since the fork, and now the protocol’s current DAA has seemed to find its 144 block average in order to maintain consistent block time intervals. 

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Blockchain Technology Can Accelerate International Trade Flows, Say Industry Experts

According to IBM and WEF experts, Blockchain technology has what it takes to facilitate the workflow of cross-border trading transactions, particularly the handling of document approval processes. Blockchain is the underlying technology behind cryptocurrencies like Bitcoin.According to technology major IBM Vice President of Blockchain Solutions, Ramesh Gopinath, the traditional way used by supply

Police Posted at Bithumb as Users File Lawsuit After Server Outage Costs Millions

Markets and Prices Users of Bithumb, the world’s largest cryptocurrency exchange, have filed a class action lawsuit following a costly server outage on November 12. Despite only lasting 90 minutes, the outage cost traders millions of dollars, occurring at the height of frenzied bitcoin cash trading. One customer complained of losing 250 million won

Bitcoin Cash (BCH) Market Capitalisation Briefly Exceeds That of Ether (ETH)

The market capitalisation of Bitcoin’s August 2017 hard fork, Bitcoin Cash, briefly exceeded that of the native cryptocurrency on the Ethereum blockchain, Ether, in the early hours of Sunday morning. The Bitcoin offshoot’s price surged to an all-time high of $2,577 at around 1:49am. It has since settled back into third position at a total market cap of $23.35 billion or $1389.62 which is still

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