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| Montana Will Build $251 Million Cryptocurrency Mining Farm Power Block Coin LLC is getting into crypto mining in a major way, as it prepares to launch a $251 million cryptocurrency mining farm outside of Butte, Montana, according to a report by newsbtc.com. As cryptocurrencies have proliferated and gained massive popularity in the past year, enthusiasts ...
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Nearly Half of 2017's Cryptocurrency 'ICO' Projects Have Already Died Last year was without a doubt the Year of Bitcoin, as exploding interest in cryptocurrency fueled a massive market runup. As if that wasn't enough excitement, some speculators took the further leap to investing in cryptocurrency projects through a lightly regulated process called an "ICO," or initial coin ...
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| Litecoin Cash Forks But Cryptocurrency Investors Barely Notice It has been just a few days since the litecoin blockchain was forked, and so far, litecoin cash (LCC) has failed to make much of a splash. It appears that the offshoot of the popular digital currency has yet to draw in a following. After a small spike in price late in the week, at which point litecoin cash climbed ...
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| StormX Allows Travelers to Purchase First Class Airline Tickets with Cryptocurrency StormX, the company behind the popular crypto-earning app Storm Play has announced that travelers will be able to purchase first class airline tickets with cryptocurrency. StormX has partnered with the travel concierge service I Only Fly First Class to facilitate these transactions. Storm Play users will be ...
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| Thai Bank Terminates Account of Local Cryptocurrency Exchange A major bank in Thailand has reportedly terminated the bank account of a local cryptocurrency exchange, following an announcement by the central bank prohibiting financial institutions from five cryptocurrency-related activities. Meanwhile, the Thai government is actively working on providing a legal ...
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| NEO First Project to Break into Weiss Ratings A-Tier Many people still doubt the legitimacy of the Weiss Ratings Agency's attempt to evaluate cryptocurrency projects. In a note completely unrelated to NEO's award, the cryptocurrency community has been viewing the Weiss Ratings Agency's overall evaluations as unfounded and amateurish. While it ...
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| Dozens of Cryptocurrency Companies Have Abandoned Their ICO Plans After Receiving SEC ... Well, counter-intuitive as it may seem, the agency is actually showing a preference for the good old telephone over other state-of-the-art technologies to ward off shady ICOs. Before we delve into the details, let's first take a step back and revisit the fact that the Wall Street's main regulator has issued ...
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| Cryptocurrency Exchange Coinbase to Give IRS Data on 13000 Users US-based cryptocurrency exchange Coinbase says it has 10 million users, although it is unclear how many of these are in the U.S.. Meanwhile, the information of around 13,000 users will soon have to be submitted to the IRS, according to a Friday letter to customers from Coinbase, which operates as a ...
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| South Korea To Investigate 20 Companies Falsely Claiming Cryptocurrency Association All over the world, any company which associates itself with blockchain cryptocurrency has seen a significant increase in its net worth. Many companies have figured this trick out and have been willing to utilize it. This is the reason why companies often associate themselves with blockchain as well as a ...
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