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As they say, necessity is the mother of invention. With an acute financial crisis manifested in a deep devaluation of the national currency, the bolívar, and quadruple-digit inflation, Venezuelan President, Nicolas Maduro, has surprised analysts and the cryptocurrency world with his launching of an ... from Google Alert - cryptocurrency http://ift.tt/2HNz0Pc via IFTTT http://ift.tt/eA8V8J

US-based cryptocurrency exchange Coinbase says it has 10 million users, although it is unclear how many of these are in the U.S.. Meanwhile, the information of around 13,000 users will soon have to be submitted to the IRS, according to a Friday letter to customers from Coinbase, which operates as a ... from Google Alert - cryptocurrency http://ift.tt/2ESyhe0 via IFTTT http://ift.tt/eA8V8J

A major bank in Thailand has reportedly terminated the bank account of a local cryptocurrency exchange, following an announcement by the central bank prohibiting financial institutions from five cryptocurrency -related activities. Meanwhile, the Thai government is actively working on providing a legal ... from Google Alert - cryptocurrency http://ift.tt/2CH96Jw via IFTTT http://ift.tt/eA8V8J

It has been just a few days since the litecoin blockchain was forked, and so far, litecoin cash (LCC) has failed to make much of a splash. It appears that the offshoot of the popular digital currency has yet to draw in a following. After a small spike in price late in the week, at which point litecoin cash climbed ... from Google Alert - cryptocurrency http://ift.tt/2oqt6Ma via IFTTT http://ift.tt/eA8V8J

Last year was without a doubt the Year of Bitcoin, as exploding interest in cryptocurrency fueled a massive market runup. As if that wasn't enough excitement, some speculators took the further leap to investing in cryptocurrency projects through a lightly regulated process called an “ICO,” or initial coin ... from Google Alert - cryptocurrency http://ift.tt/2BMWSlL via IFTTT http://ift.tt/eA8V8J

StormX, the company behind the popular crypto-earning app Storm Play has announced that travelers will be able to purchase first class airline tickets with cryptocurrency . StormX has partnered with the travel concierge service I Only Fly First Class to facilitate these transactions. Storm Play users will be ... from Google Alert - cryptocurrency http://ift.tt/2EQ572X via IFTTT http://ift.tt/eA8V8J

Many people still doubt the legitimacy of the Weiss Ratings Agency's attempt to evaluate cryptocurrency projects. In a note completely unrelated to NEO's award, the cryptocurrency community has been viewing the Weiss Ratings Agency's overall evaluations as unfounded and amateurish. While it ... from Google Alert - cryptocurrency http://ift.tt/2BPYWJu via IFTTT http://ift.tt/eA8V8J

Well, counter-intuitive as it may seem, the agency is actually showing a preference for the good old telephone over other state-of-the-art technologies to ward off shady ICOs. Before we delve into the details, let's first take a step back and revisit the fact that the Wall Street's main regulator has issued ... from Google Alert - cryptocurrency http://ift.tt/2ovnsIL via IFTTT http://ift.tt/eA8V8J

While some VC firms have embraced ICOs (USV, Sequoia, DJF, and Seedcamp are some prime examples), the broader VC community has shown signs of fear and resentment towards ICOs. I have been following blockchain and distributed ledger technologies since 2013. The rise of cryptocurrencies ... from Google Alert - cryptocurrency http://ift.tt/2F1M0lR via IFTTT http://ift.tt/eA8V8J

Power Block Coin LLC is getting into crypto mining in a major way, as it prepares to launch a $251 million cryptocurrency mining farm outside of Butte, Montana, according to a report by newsbtc.com. As cryptocurrencies have proliferated and gained massive popularity in the past year, enthusiasts ... from Google Alert - cryptocurrency http://ift.tt/2CHSPns via IFTTT http://ift.tt/eA8V8J

I am the most interested in how technology is working to improve our financial prosperity. The coupling of artificial intelligence and digital currency in the world of investing has already become such a profound new trend in fintech. As AI and cryptocurrency become more intertwined, they are actively ... from Google Alert - cryptocurrency http://ift.tt/2opIk3Y via IFTTT http://ift.tt/eA8V8J

Cryptocurrency hardware wallets are in rather high demand right now. Obtaining such devices can take some time, as manufacturers can't always keep up with the demand. Luckily, it seems a new player has entered the market. Archos, a company often associated with portable multimedia players, ... from Google Alert - cryptocurrency http://ift.tt/2ov6bhO via IFTTT http://ift.tt/eA8V8J

Some Major Canadian Banks Still Allow Cryptocurrency Credit Card Transactions Canada's largest bank by assets as of April of last year, Toronto-Dominion Bank (TD Bank), said on Friday that it is “halting the use of its credit cards to buy cryptocurrency as it conducts a review of the 'evolving market',” ... from Google Alert - cryptocurrency http://ift.tt/2CkNjvl via IFTTT http://ift.tt/eA8V8J

This clearly indicates that other cryptocurrencies are gaining more prominence. It is not that a single cryptocurrency is gaining prominence. The diversity and versatility in the cryptocurrency market is reducing the dominance of Bitcoin. This is also affecting the movement in Bitcoin. On a year-to-date basis ... from Google Alert - cryptocurrency http://ift.tt/2ouycGe via IFTTT http://ift.tt/eA8V8J

Cryptocurrencies are an intriguing financial tool for many different reasons. While the primary focus is on speculation, StormX shows things can be done differently. Travel enthusiasts can now fly in first class by using their native cryptocurrency . from Google Alert - cryptocurrency http://ift.tt/2CkGKsM via IFTTT http://ift.tt/eA8V8J

The cryptocurrency service calls the limitation of disclosure a partial, but still significant, victory for Coinbase and its customers and encouraged users affected “to seek legal advice from an attorney promptly.” The California court order said the IRS has the right to identify people, who bought, sold, sent, ... from Google Alert - cryptocurrency http://ift.tt/2sUjEoU via IFTTT http://ift.tt/eA8V8J

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Eidoo aims to simplify the interaction between the blockchain and its users to help make cryptocurrency mainstream. Eidoo does this by providing an easy-to-use application with a “human to blockchain” interface designed for all cryptocurrency needs. As a result, the complexity of the crypto world ... from Google Alert - cryptocurrency http://ift.tt/2F4JXxC via IFTTT http://ift.tt/eA8V8J