Today in the news:
- Ripple’s value has risen by 17% in the past 24 hours.
- Some 600 computers used to "mine" bitcoin and other virtual currencies were stolen from data centers in Iceland.
- Starting March 9, Bittrex will formally block residents of North Korea, Iran, the Crimean region, Syria, and Cuba.
- Two of India’s most prominent cryptocurrency exchanges have halted operations due to mounting regulatory pressure.
- And more crypto news below...
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Latest Crypto News - March 5, 2018
Ripple Price Surges 17% as Crypto Market Makes $15 Billion Advance
The cryptocurrency markets continued their steady advance on Monday, with the majority of top 100-coins and tokens rising against the value of the US dollar — and none declining more than 10 percent. The day’s top performer was the Ripple price, which rose 17 percent to once again break past dollar parity, though several other cryptocurrencies posted strong gains as well.
Read more: www.ccn.com
Other sources:
- Ripple Gains 16%, All Eyes on Coinbase
- XRP Price Surpasses $1 Again Thanks to Coinbase Rumors
- Ripple Price Roars Past $1.05 as Korean FOMO Kicks into High Gear
Icelandic Police Are Hunting for Hundreds of Bitcoin Miners
The theft of hundreds of cryptocurrency miners in Iceland has led to a series of arrests amid an ongoing investigation.
Read more: www.coindesk.com
Other sources:
- Bitcoin Heist: 600 Powerful Computers Stolen in Iceland
- Thieves steal 600 powerful bitcoin-mining computers in huge heist
- Bitcoin enthusiasts take innovative approach, steal 600 computers
Member Of China’s Main Political Advisory Proposes National Crypto Trading Platform
A member of China’s top political advisory board has proposed the creation of a national cryptocurrency exchange and other regulatory systems at one of the two annual sessions of China's top legislative and advisory bodies, local news outlet Lie Yun Wang reported on March 3.
Read more: cointelegraph.com
Other sources:
- A CPPCC Member Proposes To Launch A Regulated Cryptocurrency Exchange In China
- China's Biggest Political Event Sees Blockchain Praise
PayPal Is Seeking Faster Crypto Payments Tech
PayPal is eyeing a way to boost the speed of cryptocurrency payments, a newly-released patent filing shows.
Read more: www.coindesk.com
Other sources:
Bittrex Blocks Residents of North Korea, Iran, Crimea, Syria, and Cuba
Concerns from Russian traders that they may be unable to access Bittrex once the exchange’s new terms of service come into effect this month appear to have been alleviated. Starting March 9th, the exchange will formally block residents of North Korea, Iran, the Crimean region, Syria, and Cuba from accessing its trading services.
Read more: news.bitcoin.com
Frustrated Vitalik Buterin Changes Twitter Name to Fight Crypto Scams
Criminals scamming cryptocurrency fans by forging tweets by famous people has exasperated one high profile leader to alter his identity. Ethereum founder Vitalik Buterin has changed his Twitter name to “Vitalik ‘No I’m not giving away ETH’ Buterin”.
Read more: bitsonline.com
Two Indian Crypto Exchanges Shut Down
Two of India’s most prominent cryptocurrency exchanges are halting operations on Monday as a result of regulatory pressures making digital currency platforms unpopular in the region.
Read more: cryptovest.com
Roger Ver Says Ethereum May Overtake Bitcoin in Market Cap
Roger Ver is quite an intriguing and somewhat controversial figure in the cryptocurrency world. As a notorious early Bitcoin investor, he has also kept close tabs on other currencies. During a recent interview, Roger mentioned how Ethereum will eventually overtake Bitcoin. A remarkable thought, even though Bitcoin is not without flaws by any means.
Read more: www.newsbtc.com
Bitcoin Transaction Volume Decreases With Batching, Not Due to Lack of Demand
It is often difficult to find positive reports about Bitcoin. Too many transactions cause a spike in overall fees. Fewer transaction makes media outlets believe the interest in Bitcoin is slowing down. The uptick in SegWit adoption is indeed reducing the number of transactions, but that is a positive trend It seems a lot of people aren’t familiar with transaction batching.
Read more: www.newsbtc.com
Mercedes Preps Crypto Coin to Reward Eco-Driving
Daimler, the German car manufacturer famous for its Mercedes-Benz brand, introduced the MobiCOIN project at the Mobile World Congress 2018 held in Barcelona, Spain. Currently in its experimental stage, the project revolves around a digital currency meant to reward drivers who abide by eco-driving principles.
Read more: cryptovest.com
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