The Justice Department is cracking down. The United States Department of Justice has launched a private investigation into price manipulation in the cryptocurrency market, Bloomberg reported on Thursday. The investigation will look for signs as to whether rogue traders used illegal practices to alter the price favorably.The investigation comes as...
Mining Company Seeks $2 Billion in Largest Ever Bitcoin IPO
Canaan to Launch Biggest Bitcoin IPO Ever Canaan Inc. has announced it will launch an IPO in July with the goal to raise $2 billion in funds in what would be the largest Bitcoin-related IPO to date.Bejing based Canaan inc., the worlds second largest Bitcoin mining hardware supplier increased its overall profits seven...
LedgerX Announces the First Regulated Bitcoin Savings Account
LedgerX Announces the First Regulated Bitcoin Savings Account Bitcoin bulls now have a new opportunity to put their money where their sentiment is. On Tuesday, CFTC regulated derivatives exchange, LedgerX, launched a Bitcoin savings account, the latest in a slew of traditional banking products made available for the digital currency.LedgerX is...
HTC to Launch Its Own Cryptocurrency-Focused Smartphone, Exodus
HTC to Launch Its Own Cryptocurrency-Focused Smartphone, Exodus With HTC entering the race, a second cryptocurrency supporting smartphone created by a major electronics manufacturer is now on its way to the market. Could this be the start of a trend by all device makers to embed features such as hardware...
German Online Bank Chooses Bitcoin Over SWIFT for International Loans
German Online Bank Bitbond Chooses Bitcoin Over SWIFT for International Loans Bitbond, an online German bank founded by Radoslav Albrecht, has been using bitcoin, the flagship cryptocurrency, to transfer loans throughout the world in a fast, safe, and cost-efficient way.According to a report published by Reuters, the financial institution has...