Man Sentenced for Illegal Money Transmission Services on LocalBitcoins

<br /><br /> <br /><br /> U.S. citizen Morgan Rockcoons has been sentenced to fines and prison time for running unlicensed money exchange services on LocalBitcoins.Advertising himself on the peer-to-peer bitcoin trading network, Rockcoons made more than 1,000 transactions with hundreds of different users. The U.S. Department of Justice (DoJ) pursued him on charges of not registering...

Bitcoin Price Analysis: Bullish Market Structure Upheld Following Strong Sell Off

<br /><br /> <br /><br /> <br /> <br /><br />Summary:Although we saw a strong sell off yesterday, the bullish market structure has yet to be violated. The weekly support has been confirmed for the time being and our parabolic advance is still intact.We are currently failing to hold support in the $8,500s for our intraday market structure. As we test the failed...

Australian Government Publishes Update on Cryptocurrency and ICO Rules

<br /><br /> <br /><br /> The Australian Securities and Investments Commission (ASIC) has published an update on how it intends to regulate crypto-related businesses and initial coin offerings (ICOs).In this guideline, the financial regulator outlines requirements that need to be followed for cryptocurrency businesses to be compliant with the ASIC Act.This update is noteworthy...

ARK Releases Revolutionary Free-to-use Blockchain Creation Tool, the ARK Deployer

Following ARK’s vision for a blockchain fueled future, is the launching of its widely applauded ARK Deployer. The event will be a game changer in the field of blockchain creation and adoption by mainstream services. ARK, is set to establish a unique and less complex process made readily available for...

University of Pennsylvania Latest Ivy Leaguer with Crypto Course on Offer

The University of Pennsylvania has become the latest prestigious university to join a growing list either launching into blockchain or cryptocurrency via education centers and course. Students will now be able to participate in an online program on financial technologies, including digital currencies...

Paxful CEO: From Homeless in New York to Building Homes in Africa

Bitcoin News has been following the fortunes of peer-to-peer Bitcoin marketplace Paxful since covering Africa in our Humanitarian Blockchain series published last year. One Crypto Briefing interviewer was lucky enough to catch up with company founder Ray Youssef to discuss the ups and downs of the...

Top Irish Banks Take to Blockchain to Validate Employee Credentials

In an attempt to maintain the regulatory standards of the Central bank of Ireland, three of the “Big Four” banks are collaborating on a new education-based blockchain platform aimed to validate their employee credentials. The announcement was made during Blockchain Ireland week, hosted by government...

A Closer Look at Satoshi Nakamoto: Facts, Fictions, and Identities

Satoshi Nakamoto is the alias used by a person or group who authored the Bitcoin whitepaper. Satoshi is the creator of the first release of the Bitcoin protocol and blockchain database. The alias was used in email and forum correspondence from August 2008 through April 2011. History Satoshi’s first...

Exploring Illegal Mining Camps in Western China

<br /><br /> <br /><br /> This article was originally published by 8btc and written by Vincent He.Although China has shut down bitcoin trading platforms and deemed them illegal, its attitude toward bitcoin mining is still ambiguous. Now, 70 percent of the world’s bitcoins are produced in China, while 70 percent of China’s “stock” are in Sichuan, a western province of China,...

Initial Exchange Offering: A Newcomer in the Blockchain Evolution

You’ve heard of Initial Coin Offerings (ICOs), but have you heard of an Initial Exchange Offering (IEO)? If not, don’t worry—today we’re taking a closer look at IEO. What Exactly is an Initial Exchange Offering? An Initial Exchange Offering and an Initial Coin Offering have the same goal—to raise...

Ripple (XRP) Records 5-Month High: Trading Volumes Continue Increasing

When Ripple (XRP) was created, the developers had in mind a platform that could support financial and banking institutions. Almost a decade later, the company has started to see success, and although it’s not quite at a rate that was expected, there is some visible progress. Ripple Growing Relationship...

Institutional Crypto Investment Could Initiate 244% Rise in Bitcoin Value

Institutional cryptocurrency investment could Initiate a 244% rise in Bitcoin’s value, so says Jehan Chu, co-founder and managing partner of blockchain investment firm Kenetic Capital. The influencer is predicting BTC poised for leap taking cryptocurrencies Ripple and XRP, Ethereum, Litecoin, Tron,...

LiteLink Technologies Signs MOU with InstaPay to Offer Freight Factoring to 1SHIFT Logistics Customers

VANCOUVER, British Columbia, May 30, 2019 (GLOBE NEWSWIRE) — LiteLink Technologies Inc. (“LiteLink”) (CSE:BAXS) (FRA: C0B) , a leader in logistics, artificial intelligence and digital payment solutions, is pleased to announce that it has signed a Memorandum of Understanding (MOU) with InstaPay Flexible...

LiteLink Technologies Signs MOU with InstaPay to Offer Freight Factoring to 1SHIFT Logistics Customers

VANCOUVER, British Columbia, May 30, 2019 (GLOBE NEWSWIRE) — LiteLink Technologies Inc. (“LiteLink”) (CSE:BAXS) (FRA: C0B) , a leader in logistics, artificial intelligence and digital payment solutions, is pleased to announce that it has signed a Memorandum of Understanding (MOU) with InstaPay Flexible...