Four Men Have Been Arrested By the Indian Police, in Connection to the $14 Million ‘KBC Coin’ Scam

[ad_1] A recent report has revealed that four men who were allegedly linked to a scam which saw victims being scammed out of $14.2 million were arrested in the West Indian city of Surat. The exact amount stolen was however reportedly higher than the stated $14 million and this makes it the sixth time a digital currency-related fraud will be reported in Surat over the last two years. KBC Coin

How Blockchain Could Change the Real Estate Investment Landscape

[ad_1] David Hodge is the director of European operations for AEI Consultants, an employee-owned international consulting firm that provides comprehensive services to commercial lenders, property owners, managers, tenants, and developers, industries, institutions, government agencies and insurers, including many Fortune 500 companies. Founded in 1992, AEI is based in the San Francisco Bay area, with offices across the United States and Europe.  The views and opinions expressed here are solely those

Why Traders Believe Altcoins Are Overpriced

[ad_1] The cryptocurrency community is no stranger to accusations of crypto being a bubble. As far back as 2014, media pundits were referring to the bursting of the Bitcoin (BTC) bubble, with a Financial Times article from September of that year even containing the ill-fated prediction, "We’re going to stick our neck out at this stage and call this the end of Bitcoin."Well, Bitcoin certainly didn't end in 2014, but

New Bitcoin Tax Rules To Boost Crypto Market Growth

[ad_1] According to the Wall Street Journal, The Internal Revenue Service (IRS) is expected to update its guidance on Bitcoin tax treatment within weeks. In the meantime, members of the U.S. Congress fear that the U.S. is falling behind other nations in the crypto industry. This fear is prompting them to consider bills to clarify legal issues surrounding cryptocurrencies and thus propel the development of the crypto industry. Is a

Bitcoin Approaches $11,500 as Top Cryptos See Gains

[ad_1] Saturday, July 6 — most of the top 20 cryptocurrencies are reporting moderate gains on the day by press time, as Bitcoin (BTC) hovers just under the $11,500 mark.Market visualization courtesy of Coin360Bitcoin is currently up by about three percent on the day, trading around $11,486 at press time, according to Coin360. Looking at its weekly chart, the coin is down by over 7.68%.Bitcoin 7-day price chart. Source: Coin360According to

BlockStream’s Green Wallet Announced Support for its LiquidNetword

[ad_1] Blockchain software development BlockStream announced that its mobile wallet, Green Wallet, now supports the firm’s Liquid Network sidechain in a blog post published on July 5.Per the announcement, users of the wallet can now store, send and receive Liquid Bitcoin (L-BTC) and Issued Assets on the Liquid sidechain. The Liquid Network project, first discussed in 2015 and launched in October 2018, aims to allow for faster transactions with Bitcoin

Iranian Official Says US Congress is Working to Block Iran’s Crypto Mining

[ad_1] Saeed Zarandi, Iranian Assistant Minister of Industry, Trade, and Supply, said that US Congress is working to stop Iran’s access to cryptocurrencies and Bitcoin (BTC) mining, as reported by local news service Al-Fars on July 6.According to Zarandi, Congress considers cryptocurrency a tool for evading sanctions and money laundering, and is therefore trying to legislate against Iran’s access to it, complicating Iran’s legislation. Commenting that the issue of cryptocurrencies remained

Litecoin Price Analysis: LTC Tightens Up as Halving Approaches

[ad_1] As the Litecoin halving event approaches traders are keeping a close eye on the altcoin’s price action within a narrowing symmetrical triangle. Litecoin-USD 4-HR Chart Since dropping from its rising channel on June 26th Litecoin has mirrored Bitcoin’s volatility and is currently consolidating on the 4-hour and daily time frame. The altcoin recovered nicely from its swing low near $111 and after topping out at $127.83 on July 4th

Circle CEO Hopes Libra’s Unique Needs Trigger Positive Regulation

[ad_1] Jeremy Allaire, co-founder and CEO of payments company Circle, said that Facebook's Libra will run in a closed-loop permission scheme that has its own requirements for regulation during an interview with Bloomberg released on July 5.During the interview, Allaire pointed out that there are different stablecoin implementations distinct in their regulatory approach. He explained:“There’s a really key difference between stablecoins that run on kind of closed-loop permission schemes —

Bitcoin Price Set for 2020 Halving Breakout: Mining and Network Activity at ATH

[ad_1] The Bitcoin price appears set for a massive breakout as network fundamentals are at all-time highs (ATH) as the 2020 halving event approaches. Bitcoin Network Metrics at ATH With the Bitcoin block reward halving less than a year away, the network activity parameters continue to set new ATHs. Data from Blockchain.com shows that metrics like hash rate, difficulty, blockchain size, and unspent transaction (UTXO) count are all at their