Category: News Updates

Bitcoin, Ethereum, Altcoins, Mining, Trading & more

London dealer accepts “digital gold” Bitcoin for buying gold

Digital gold for gold in London A London- based metal dealer, Sharps Pixley recently started accepting Bitcoin as the payment for gold. Sharps Pixley deals with buying, storing and trading in precious metals such as gold. It’s been more than 250 years since this enterprise has been in operation and still, the dealer didn’t hesitate…
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Indian banks exploring Blockchain tehcnology

Blockchain technology in India When the whole world is waking up to the marvel of Blockchain technology, why not the Asia’s largest economy: India. The technology seems to take the financial services and banking sector to the next level by improving process efficiency and customer experience. In fact, one of the private sector banks- the…
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China Bitcoin ICO ban Ethereum

China bans ICOs, triggers price fall across all cryptocurrencies

China has officially banned all ICOs (Initial Coin Offerings) by ruling ICOs as illegal fundraising, forbidding all Chinese companies from creating ICOs. Chinese government has instructed all companies that has raised funding through ICOs to refund all the money raised by ICOs to their investors. Ethereum, being the primary currency through which most ICO fundraising…
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How to mine Ethereum - ETH Mining

World’s first Ethereum (ETH) ATM opens in Toronto, Canada

LocalCoinATM, a global Bitcoin ATM provider has added support for Ethereum (ETH) in their ATMs installed in Toronoto, Canada. According to the announcement from LocalCoinATM, one can now purchase Ethereum directly from their ATM’s to one’s Ethereum Wallet. How to use the Ethereum ATM: 1. Visit one of our Crypto ATM locations 2. Once you…
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Bitcoin Cash - BCH

Bitcoin Cash registers 83% increase in price in a day, becomes #3 cryptocurrency

Bitcoin Cash (BCH) price rose to $576 in a day and became #3 cryptocurrency in terms of market capitalization of $9.4 billion.   What is Bitcoin Cash (BCH) : Bitcoin Cash (BCH) is a hard forked version of the original Bitcoin. It is similar to bitcoin with regards to its protocol; Proof of Work SHA-256…
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Bitbay India

Bitbay India launching in Aug with support for Bitcoin, Ethereum, Litecoin and more

Bitbay, a Polish crytocurrency exchange is launching in India as Bitbay India during August and will allow users to trade in Bitcoin, Ethereum, Litecoin, Lisk, Monero, Dash and Gamecredits. Bitbay will launch commercial operations on Aug 24th. Bitbay currently processes 0.26% of the total Bitcoin global trade and has an userbase of 2,00,000. Bitbay plans…
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Hacker hacks Unocoin, grabs emails, sends fake ICO emailer

In a bizarre turn of events, Unocoin, India’s largest Bitcoin exchange sent out an Unocoin ICO emailer to all its users. Hours later, Unocoin announced that hackers had sent the fake ICO emailer. Here is the email that users received: Unocoin was quick to react. They sent the below email to users warning that the…
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Segwit Locked-in : Activation on 21st Aug

Segwit (Segregated Witness) has been locked in and is currently under activation. The activation is expected to happen on 21st of Aug. Once activated, Bitcoin transactions will be confirmed faster by the network and will be able to support a large number of users. SEGWIT LOCKED-IN! – ACTIVATION PERIOD: SegWit activation this period? YES! Activation expected…
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Citibank India closes customer’s account for purchasing Bitcoin

According to a report by a reddit user, Citibank India allegedly closed the bank account of its user since he used his bank account to buy Bitcoins on Zebpay, a mobile Wallet in India. While the legal status of Bitcoin is uncertain in India, as the government is deliberating over its usage, there is no…
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Bitcoin Accepted Here

Bengaluru restaurant starts accepting Bitcoin

Bitcoin adoption is growing steadily all over the world. A restaurant in Bengaluru is the latest merchant to start accepting Bitcoin payments in India. Suryavanshi restaurants, located at Indiranagar and Whitefield now accept Bitcoin as a form of payment. Since starting the experiment, the restaurant has had only one payment made with Bitcoin, which took…
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