3 Crypto-Friendly Countries in Europe – From the Alps to the Vltava River

Crypto-Friendly Countries in Europe: In recent months the crypto sector has seen numerous countries implement regulations and ban virtual currencies and ICOs. Despite this, the sector continues to grow and gain support. So, if the world is going to divide when it comes to cryptocurrency, which is what appears to be happening, it’s important that crypto-enthusiasts know which countries welcome crypto with open arms or which don’t.  In this article, we’re going to be looking at a few countries that are known for being crypto-friendly. But, there’s a twist. The countries…

UK’s FCA Issues Letter to Banks Over Crypto Risks

The UK’s Financial Conduct Authority (FCA) issued a letter on Monday to bank CEOs over the potential risks that they face when dealing with cryptocurrencies. A Letter from the FCA Criminal activities are synonymous with cryptocurrency use and the letter is said to suggest “good practice” that banks can follow to be vigilant against these activities. According to the FCA, the letter details how firms should handle financial crime that may occur as a result of “cryptoassets,” which the FCA defines as cryptocurrencies or any type of “publicly available electronic medium of…

Bitpanda Adds IOTA – A Light in the Dark Following Coinrail Hack

Bitpanda adds IOTA: All incidences of hacking are unfortunate, but some more so than others. On the weekend of June 9th, Coinrail, a South Korean crypto exchange, was hacked. The Coinrail hack was so severe that all of the top 10 coins on the market are plunging today. Some coins are down because of it, and in reality, they should be celebrating. Take IOTA, for instance. This virtual currency has some exciting news, but it’s going unnoticed because the masses are primarily focused on the aftermath of the Coinrail hack.  We aren’t…

Opinion: Cashless Society Red Flags – Do you Trust Banks THAT Much?

Opinion: Cryptocurrency grasped mainstream attention back in mid-2017, but the world’s first digital currency, Bitcoin (BTC) was born back in 2008 and introduced to the world in 2009. Around this time, the stock market collapsed and fell 777.68 points within a single trading day. The cause? The subprime mortgage crisis. U.S. banks got greedy and granted mortgages to individuals that couldn’t actually afford them, and there weren’t enough mortgage-backed securities to feed the demand. Home prices fell in 2006 and it triggered massive defaults across the nation. The risk then spread to…

Binance Euro Trading Pairs – It’s Happening this Year!

Binance euro trading pairs – it’s finally happening! This is huge news because this will be the first fiat currency option to become available on Binance. Binance has always previously been strictly a crypto-to-crypto exchange. It hasn’t dealt in fiat currency, mostly because fiat exchanges are usually subjected to more regulations than crypto-to-crypto exchanges. But being a crypto-to-crypto exchange has its limits as well, namely that it means customers can’t cash out directly from the exchange. CEO of Binance Changpeng Zhao told Bloomberg that the exchange would be launching Binance euro…

Bitcoin Price Watch – BTC/USD Crashes Below $7,000

Bitcoin price crashed down below $7,000 after the South Korean cryptocurrency exchange Coinrail was hacked over the weekend. The cyber attack sent BTC/USD down by approximately 10%. Currently, the digital currency is trading at close to $6,730, near its two-month low. BTC/USD Crashes Below $7,000, On Bearish Trend On Monday morning, Bitcoin price continued to trend downward following the latest cyber intrusion, which caused a loss of about 30% of the coins traded on the Coinrail exchange. Bitcoin price fell more than 10% as a result, now trading near a…

What’s Up with Ripple? XRP Lawsuit, Singapore Summit Aftermath and More

It’s Monday, and the crypto markets are not looking good. Now, a lot of that has to do with the Coinrail hack over the weekend, but that’s not the sole reason certain virtual currencies are plunging. For instance, Ripple (XRP) has seen better days.  In this article, we will be looking at XRP’s daily chart, as well as investigating some of the news that has surfaced about the company and coin this week. Ripple Price Chart | June 11, 2018 Ripple (XRP) is currently selling for $0.57. This puts the…

Stellar [XLM] Progress – Big Things Stirring While Flying Under the Radar

Stellar [XLM] has been flying under the radar lately and has left many of its investors wondering what the team behind the project has been up to. Well, the project just released its May “Stellar Roundup.” It’s June! That means the monthly Stellar roundup for May has arrived! You can read it on our website: https://t.co/jsae1ItevH#stellar #blockchain #Cryptocurrency — Stellar (@StellarOrg) June 5, 2018 While there weren’t any new major partnerships that were announced, Stellar did give a list of their upcoming appearances around the globe. The team will be…

VeChain Thor (VET) and Ethereum Classic (ETC): Being Accepted

The crypto market is struggling today, and many coins are down, including VeChain Thor (VET) and Ethereum Classic (ETC). However, despite all the red, the coins are progressing in their projects. VeChain Thor (VET) VeChain Thor (VET) is currently selling for $3.11, which puts the coin down 14.49% in the past 24 hours. Source: CoinMarketCap The VeChain Thor public testnet is now up and running, getting ready to go live at the end of June. Leading up to its mainnet launch, VeChain has announced several big partnerships. The VeChain Foundation is…

Bitcoin (BTC) and Ethereum (ETH) Plummet Due to Coinrail Hack ‘FUD’

Bitcoin (BTC) and Ethereum (ETH) Plummet – Over the weekend, $42 billion was wiped off the cryptocurrency market as FUD spread over a small North Korean exchange hack. Coinrail announced the hack via their website calling it “system maintenance.” The small Korean exchange stated that these hackers stole up to 30% of the digital tokens in its storage. Coinrail confirmed that the remaining 70% had been safely moved to a cold wallet and remain unharmed. A newly launched Pundi X (NPXS) makes up nearly two-thirds of the exchanges trading volume,…