BitMEX Now Branded A High-Risk Bitcoin Exchange Following US Government Charges

BitMEX Now Branded A “High-Risk” Bitcoin Exchange Following U.S. Government Charges The many milestones achieved this week in the crypto community has not erased the ups and downs in the industry. This month alone, two indictments have rocked the crypto space, and both have included two of Crypto’s high-profile personalities; Arthur Hayes and John McAfee. […]

Continue Reading

Kyrgyzstan’s central bank suspends SWIFT to prevent capital outflow

The bank is shutting down the SWIFT network as protests rocked the country. The central bank of Kyrgyzstan has disabled cross-border transactions on the SWIFT financial network amid widespread unrest over the country’s disputed parliamentary elections. Aida Karabaeva, an official representative of the National Bank of the Kyrgyz Republic, announced a temporary suspension of SWIFT […]

Continue Reading

NOWPayments Review An Easy to Integrate Crypto Payment Gateway

NOWPayments Review – An Easy to Integrate Crypto Payment Gateway NOWPayments is a custody-free cryptocurrency payment processor that simplifies the process of accepting and making crypto payments from all across the world. In this Altcoin Explorer, we deep dive into NOWPayments, a cryptocurrency payment gateway that allows merchants to seamlessly accept and make payments in […]

Continue Reading

Trump delays stimulus Bitcoin dumps shortly thereafter

Bitcoin's correlation with traditional markets appears to continue. . Back and forth discussions with regard to a second stimulus package for the people of the United States have been ongoing for months. Today, President Trump decided to push the matter back until after the 2020 presidential elections have concluded. This appears to have resulted in […]

Continue Reading

Breaking: UK bans sale of Bitcoin Ethereum and XRP derivatives to retail consumers

Breaking: UK bans sale of Bitcoin, Ethereum and XRP derivatives to retail consumers The market for crypto-derivatives, e.g. Bitcoin, Ethereum, XRP and other cryptocurrencies has taken a severe hit. The UK Financial Conduct Authority (FCA) has banned its trading for retail customers. In the official announcement, the regulator declared that the above products are “harmful” to consumers for 5 main reasons. […]

Continue Reading

Bitcoin Halving: How the Miners are Faring So Far

Bitcoin Halving: How the Miners are Faring So Far On May 11, 2020, Bitcoin successfully executed its third block reward halving. Bitcoin halving events usually occur every four years, and the first and the second events took place in 2012 and 2016, respectively. Since miners’ rewards for verifying blockchain transactions are usually trimmed by 50% […]

Continue Reading

SEC brings John McAfee to court over ICO promotion

The cybersecurity millionaire and former presidential candidate sees new additions to his legal woes. Update: The Justice Department reports John McAfee has been arrested in Spain for tax evasion and is awaiting extradition to the United States. On Monday, the U.S. Securities and Exchange Commission filed suit against John McAfee for allegedly promoting initial coin […]

Continue Reading

Bitcoin use rise in Egypt amid economic recession

People continue to turn to Bitcoin and other cryptocurrencies to boost their profits even amid a pandemic. As the COVID-19 pandemic pushed the Egyptian economy into recession and deepening unemployment, more and more Egyptians see the benefits of trading and mining Bitcoin as an alternative source of income. According to Al-Monitor, many Egyptians, particularly young […]

Continue Reading