SMNweekly

Bitcoin has failed as a currency and cannot be used to buy things or store value, because of its price volatility, said the governor of the Bank of England Mark Carney, quoted by Reuters. “It has pretty much ...

The company behind the increasingly popular Telegram messaging app has raised $850 million in the first part of its initial coin offering (ICO), shows a recently filed SEC notice of securities exemption. If the data is confirmed, this ...

Venezuela, the oil-rich hard cash-strapped South American country, is finally launching the pre-sale of its oil- gold- and diamonds-backed token, the Petro, on Tuesday. In a bid to circumvent the financial sanctions imposed by the USA and the ...

The revenues of the South Korean cryptocurrency exchanges in 2017 increased 87.5 times from 2016, reports the Yonhap agency, quoting data of Park Kwang-on, an MP from the ruling Democratic Party. According to the data which was collected ...

Edge Wallet, a new multi-asset wallet has gone live, after several months in a limited release beta, the company said. It is a private, secure, open-source, wallet that supports multiple cryptocurrencies. It has a native support for Bitcoin, ...

The European Crypto Bank, a relatively new London-based fintech company, has announced its plans to build the first bank and trading platform for secure investments in cryptocurrencies. Additionally, it will offer financial analysis on cryptocurrencies, tokens and tax ...

More than 1200 Australians have lost over AUD 1.2 million to various Bitcoin scams in 2017, show figures from the Australian Competition & Consumer Commission’s (ACCC) Scamwatch, quoted by ABC. The precise number are 1,289 complaints related to ...

The Polish Financial Supervision Authority (KNF) has issued warnings against two Polish cryptocurrency exchanges – BitBay and Abucoins. According to the publications, neither BitBay, with an address in Katowice, or Abucoins, with an address in Poznan, have a ...

Litecoin Cash, the new altcoin that is supposed to appear after this weekend’s hard fork of the Litecoin protocol, is likely a scam and users should beware, warned in a tweet the Litecoin creator Charlie Lee. Wrote Lee: ...