Kraken Eats Up Two American Exchanges and It’s a Big Deal

San Francisco-based cryptocurrency exchange has announced it acquired another American exchange, Coinsetter. This includes Canadian Cavirtex in the deal as well, as it had been acquired by Coinsetter in April 2015. Kraken has also announced it enters into partnership with US-based financial startup SynapsePay, which claims it facilitates interbank money remittances. The acquisition finally gives […]

Russia-based Bank to Launch a Blockchain Accelerator

According to an article posted by, Tatfondband creates a fintech lab in Kazan (Tatarstan, Russia) in cooperation with venture investment fund Life.SREDA. The companies expect the companies selected for acceleration will engage in development of blockchain-related services.

Bitcoin’s Hashrate Now Requires Eighteen Zeros to Write It Down

For the first time in the history of cryptocurrency, the overall hash rate of bitcoin network has exceeded a thousand petahashes per second, thus reaching one quintillion operations, or one exahash, per second. This value might be considered an explicit expression of miners’ position, who apparently continue actively maintaining the network notwithstanding the recent Hearngate […]

Russian Senator States Propagation of Cryptocurrency is Inevitable

Lyudmila Bokova, deputy chairwoman at Russian Federation Council’s costitutional committee, states that propagation of cryptocurrencies in Russia shall be deemed inevitable. For that reason, she believes, the government should consider regulating cryptocurrency instead of bannning it. Last week, the head of Russian Investigative Committee Alexander Bastrykin stated that his agency insists on introducing criminal penalties […]

Bitcoin Classic: A New Hope following the Revenge of the Hearn

Surprisingly for many bitcoin community members, Jonathan Toomim’s Bitcoin Classic proposal has garnered support from as much as 72% of the network’s mining capacity. With the consensus threshold set at 75%, the proposal is very likely to become active in no time.

Trading Shares for Bitcoins Now Available at London Stock Exchange

Bitcoin became applicable as collateral margin for trades with shares and exchange traded funds at London Stock Exchange. This functionality is available for clientelle of First Global Credit as it announced listing of respective assets as available shares.

Blockchain to be Used in Yet Another Ukrainian E-Gov Project

Yet another Ukrainian city became a testing platform for blockchain integration in government management. Speaking at Blockchain Incredible Party conference in Ukrainian city of Lviv, Oleksii Konashevych, a spokesman to the electronic democracy reforming group, stated that state services platform would employ a blockchain-based voting system.

Bitstamp Blocked for Russian Users

Bitstamp’s administration announced it had temporarily blocked access to all users from Russia.

Everything You Wanted to Know About Current State of Bitcoin in Russia (But Were Afraid to Ask)

Recent development of affairs in Russia may signify that Russian officials have divided into two camps. While usually depicted as a monolith, Russian government en masse incorporates two opposing groups, usually dubbed securocrats and techlibs (an acronym for technology liberals). The former usually have something to do with various law enforcement or intelligence agencies, while […]

Former Bitcoin Core Developer Abandons Cryptocurrency Ecosystem

Former Bitcoin Core developer and one of bitcoin’s earliest adopters Mike Hearn stated he abandoned digital currency ecosystem as it suffers from a massive crisis.

Cryptsy Admits Its Insolvency

Following the post in Cryptsy’s blog stating the exchange had been subject to a hack in July 2014, the controversies around the company has gained momentum. Loss of funds would result in inevitable bankruptcy for the company.

Head of Russian Investigative Committee Calls for Making Cryptocurrency Operations a Crime

Alexander Bastrykin, head of Russian Investigative Committee, promises to make cryptocurrency operations criminally punishable. He stated that in his interview to Russian government publication Rossiyskaya Gazeta, speaking about his agency’s combat with corruption, terrorism, cryptocurrency, and Ponzi schemes. “It is necessary to fight against varuous soap bubbles on financial market, namely finanical tools not backed […]