$3.3 Million Worth of Bitcoin Stolen from Indian Exchange Coinsecure
Apr19

$3.3 Million Worth of Bitcoin Stolen from Indian Exchange Coinsecure

One of India’s most prominent digital currency exchanges, Coinsecure, recently confirmed a heist in which they lost 438 Bitcoins valued at around $3.3 million. Mohit Kalra, the CEO of Coinsecure, suspects that Chief Strategy Officer Amitabh Saxena stole the missing funds from the exchange’s central wallet. The company reported this incident soon after a number of customers complained about difficulties while trying to withdraw funds....

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Coinbase Adding Withdrawal Support for Bitcoin Forks
Apr15

Coinbase Adding Withdrawal Support for Bitcoin Forks

In an official statement, Coinbase has revealed its imminent plan to support the withdrawal of Bitcoin hard-forks in all its products. This new addition is set to facilitate the easy withdrawal of any Bitcoin fork-related assets on any Coinbase product. In their declaration, the firm was however quick to stipulate that for the time being, they were not going to announce support for any particular assets. Moreover, Coinbase also went...

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Bitcoin Fell 50% in the 1st Quarter of 2018
Apr15

Bitcoin Fell 50% in the 1st Quarter of 2018

In the first quarterly report of 2018, Bitcoin (BTC) dropped by 50 percent to mark its worst Q1 performance ever recorded. Looking at the performance of Bitcoin stretching back to 2013, it is interesting to note that the cryptocurrency has seldom experienced any gains during the subsequent yearly first quarters. This year’s decline ought not to be surprising especially considering that Bitcoin did experience an unexpected surge to an...

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Why Bitcoin Transaction Fees Drop?
Mar07

Why Bitcoin Transaction Fees Drop?

The substantially high Bitcoin transactions fees have been a predominant topic in recent times, especially last year. But the conversation has shifted as transaction fees are plummeting in 2018. Such is the severity of the situation that Bitcoin miners are collecting slightly less than a third of the total fees they were gathering in late in 2017. Only a few months after the trades hit a record high in December last year clocking...

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Georgia Lawmakers Propose Bill Allowing Bitcoin Tax Payments
Mar05

Georgia Lawmakers Propose Bill Allowing Bitcoin Tax Payments

Georgia state residents may soon find themselves in allowance of making tax payments using digital currencies. This is because two senators from the state have introduced an exclusive bill which seeks to allow cryptocurrency payments to settle both licensure fees and tax obligations. The two Georgia senators, Michael Williams and Joshua McKoon, have proposed an amendment to the licenses and tax collection statutes of the Georgia...

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Fintech Startup Robinhood to Launch Bitcoin Trading
Feb06

Fintech Startup Robinhood to Launch Bitcoin Trading

Robinhood, one of the most popular online brokerage platforms, has now ventured into the world of cryptocurrencies with the launch of Robinhood Crypto. The stock trading app will launch its new platform this month and will finally give tech-savvy clients an easy and convenient way to trade in popular cryptocurrencies like Bitcoin. The new service will be rolled out in five states initially, after which it’s expected to go...

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