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Russia Promises Regulation Will Not Kill ICOs
Posted on Monday October 23, 2017

Russia Promises Regulation Will Not Kill ICOs Russia’s First Deputy Prime Minister Igor Shuvalov promised not to let initial coin offerings (ICOs) in Russia “die” because of regulations last week. Despite bills being prepared to regulate them, President Vladimir Putin has said that ICOs hold “tremendous potential” and should not be obstructed. Defending ICOs First…

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HitBTC Launches SegWit2x Futures Trading, Confirms Support for Bitcoin Gold
Posted on Monday October 23, 2017

HitBTC Launches SegWit2x Futures Trading, Confirms Support for Bitcoin Gold   For Immediate Release: HitBTC, one of the top 5 exchanges by volume, has enabled 3 new markets to trade the upcoming SegWit2x hardfork futures against BTC, ETH and USDT, also announces its support towards Bitcoin Gold that will go live in late October. Bitcoin…

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Bitcoin Exchange Operator Given 16-Month Prison Sentence
Posted on Monday October 23, 2017

Bitcoin Exchange Operator Given 16-Month Prison Sentence One of the operators of the now-defunct bitcoin exchange Coin.mx has been sentenced to 16 months in prison. According to a Reuters report, Florida-based software engineer Yuri Lebedev had been found guilty of helping run the unlicensed bitcoin exchange. His sentencing – handed down by U.S. District Judge Alison Nathan –…

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Foxconn Backs $16 Million Series B for Bitcoin Startup Abra
Posted on Monday October 23, 2017

Foxconn Backs $16 Million Series B for Bitcoin Startup Abra Bitcoin startup Abra has completed a $16 million Series B led by manufacturing giant Foxconn. Announced today at the Money2020 conference in Las Vegas, the new capital brings Abra’s total funding to more than $30 million. Other participants in the round include new investors Silver8 Capital and Ignia,…

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Litecoin Price Drops Below $55 in Search of a Stable Floor
Posted on Monday October 23, 2017

Litecoin Price Drops Below $55 in Search of a Stable Floor All cryptocurrencies are struggling right now. Given the current battle for control in the Bitcoin markets, that is no big surprise. Things are looking a bit bleak for the Litecoin price right now, even though the overall uptrend is still intact.  With a value of…

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