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Tag Archives: Civil

Bitcoin Crashes to 2018 Low, Could Falling Hash Rate and BCH Civil War Be to Blame?

As Bitcoin spirals to new 2018 lows and drags the enitre cryptocurrency market down with it, investors and analysts are becoming increasingly interested in the factors that could be contributing to this drop that extends further than simply a lack of buying volume and increased selling pressure. At the time of writing, Bitcoin is trading up marginally at its current ...

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Mt. Gox Trustee Announces Efforts to Extend Deadline for Civil Rehabilitation Claims

Nobuaki Kobayashi, trustee of the now-defunct Bitcoin (BTC) exchange Mt.Gox, is making efforts to extend the deadline for filing civil rehabilitation claims, according to an official announcement Nov. 22. While the official deadline for the filings was given as October 22, for both individual and corporate users, today’s announcement indicates that: “[I]f filings are delayed for reasons not attributable to ...

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US SEC Levies ‘First’ Civil Penalties Against Two ICOs for ‘Unregistered’ Securities

In a self-described “first,” the U.S. Securities and Exchange Commission (SEC) has imposed civil penalties against two Initial Coin Offerings (ICOs) solely over their failure to register their token sales, according to an official Nov. 16 press release. The SEC states it has reached settlements with two ICO companies, CarrierEQ Inc. (Airfox) and Paragon Coin Inc., both of whom reportedly ...

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Brian Kelly: Bitcoin Cash Hard Fork Caused “Crypto Civil War”

Brian Kelly, founder and CEO of cryptocurrency investment firm BKCM, has said the market is experiencing a “crypto civil war” as the announced “hard fork” in Bitcoin Cash failed to gain consensus among peers in the community. The disagreement is behind the plunging digital currency market, with Bitcoin losing the $6,000 handle on Wednesday, Kelly argued. Crypto Market Sell-Off is ...

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Chinese Civil Court Rules Bitcoin as Legally Protected Property

A case involving almost half a million dollars in cryptocurrency led to an important new precedent in China. A high Chinese court, the Court of International Arbitration, ruled that Bitcoin and other cryptocurrencies are valuable personal property and are therefore protected under existing Chinese law. The court also stated that there is no law on the books prohibiting the possession ...

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Journalism Blockchain Startup Civil Cancels ICO, Refunds Investors

Crypto and blockchains startups, even those that hold great promise, have sadly received the full brunt of 2018’s dismal market conditions, resulting in a widespread loss of clients and investment interest. For example, freshly-printed studies have revealed that Coinbase, widely regarded as this industry’s golden child, saw 80% of its U.S.-based customer base dissipate, resulting in a similar decrease in volumes. ...

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Forbes Enters Blockchain Game, Partners With Civil

Civil, an Ethereum-based platform with a heady bid to save journalism, has partnered with Forbes to help the 100-year-old publisher keep its stories free from meddling hands. Matt Coolidge, Civil cofounder, made the announcement today, October 9, 2018, in a blog post. He called the partnership a “major milestone for blockchain-based journalism.” Salah Zalatimo, senior vice president of product and ...

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Forbes Civil Partnership | This Could Change the Face of Journalism

Multiple journalism outlets have started to incorporate cryptocurrency and blockchain into their business models, which isn’t surprising; we knew this was coming. Back in July, Forbes magazine included crypto players in its ’40 under 40′ list. Last week, Time Magazine put a blockchain startup on its list of 50 innovative businesses. And this week, we have seen the market introduced ...

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Top 6 Failed Fiat Currencies: US Civil War Edition

Numerous fiat currencies have failed throughout the centuries, although those developments were influenced by a lot of different reasons. The US Civil War is one of the main culprits for ensuring a lot of currencies failed, although that is not entirely unexpected either. The following currencies met their demise, ordered in order of longevity. #6 Confederate States Reformed Dollar With ...

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