The Rise and Fall of Ripple is a Case Study in Mass Hysteria

Altcoins Through late 2017 and early 2018, ripple was the darling of cryptocurrency. Mainstream media couldn’t get enough of it, South Koreans couldn’t get enough of it, and nor could crypto newcomers, who had XRP top of their shopping list. Crypto moves at a blistering pace, though, and ripple’s decline has been […]

Bill Introduced to Make South Korean Officials Declare Their Crypto Investments

Regulation A bill has been introduced in South Korea to require public officials to declare their investments in cryptocurrencies including bitcoin. This initiative follows the recent controversies within the government regarding cryptocurrency regulations, including insider trading and market manipulation. Also read: South Korea Urges 23 Countries, EU, and IMF to Collaborate on Curbing […]

Indian Crypto Traders Getting Notices From Tax Authority Due to Unreported Investments

Taxes The Indian tax authority has sent notices to cryptocurrency investors after discovering that some crypto investments are not reflected on tax returns. The government conducted a survey of crypto trading at the country’s 9 exchanges and found that more than $3.5 billion worth of transactions were traded over a 17-month period. […]

PR: B2Expand Launches Its Ethereum-Based Game Asset Store

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Gaming startup B2Expand has launched the beta version of its […]

Bitcoin price recovers to break through $13,000 briefly today

Why the recent crash in the price of bitcoin and other cryptocoins? CCN reports that whales (large speculators) and institutional investors within traditional financial markets likely triggered a sell off of bitcoin that caused the sharp downturn. Some analysts argue that the massive amount of bitcoin was cashed out in order for short sellers of […]

Onecoin Offices Raided in Sofia, Servers Shut Down

News Bulgarian law enforcement agencies have raided the offices of Onecoin in Sofia as part of a multinational effort to neutralize what authorities call a “centralized cryptocurrency pyramid scheme”. Three million people may have been defrauded by the company which offers services on four continents, according to media reports. Bulgarian officials were […]

Battle-Testing Lightning: 26 Schools Start Contest to Secure Bitcoin’s Layer 2

While many see the Lightning Network as the main hope for bitcoin’s scaling issues, it’s unclear whether many developers are actually working to make that a reality. According to Lightning Labs CEO Elizabeth Stark, there may be as few as 10 total full-time developers focused on implementations of the technology, something that’s kept the network […]

Lightning Network May Not Solve Bitcoin’s Scaling ‘Trilemma’

Frances Coppola spent many years working in banks and IT, and now writes and speaks about finance, banking and economics. Bitcoin has proven incapable of accommodating growing demand without deviating considerably from Satoshi Nakamoto’s original vision of a “peer-to-peer electronic cash system.” It was intended to provide a fast, secure and inexpensive means of making payments without using […]