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Russian Men Charged With “Illegal Banking” for Unlicensed Bitcoin Trading
























Russian authorities have opened the nation’s first criminal case involving bitcoin. Russian police arrested three men for illegally trading 500 million rubles ($9 million USD) worth of bitcoin last week.


Bitcoin and Nvidia Price Soar in Sync



The stock price of chipmaker Nvidia and the value of Bitcoin continue to skyrocket almost in sync. These two technology disruptors, in their respective fields, are propelling amazing technological and economic changes. Their significance is being clearly reflected in the financial markets, as the values of both NVDA and BTC reach all-time highs.


Another All Time High – Bitcoin Breaks Through 5,000 USD on Asian Exchanges



The price of bitcoin reached the milestone value of US$5,000 per BTC on Friday night, September 1, briefly touching tops between $5,013 and $5,149 on Asian exchanges. Bitcoin has had an outstanding run in 2017, climbing over 700% over the past eight months.

Moscow Exchange Clarifies Bitcoin Trading Plans After Conflicting Reports



Moscow Exchange has clarified its cryptocurrency trading plans. This follows “some incorrect reporting that said that Moscow Exchange does not plan to launch bitcoin trading,” according to a representative of the exchange.


Bitcoin Cash Network Turns One Month Old and Continues to Move Forward



The bitcoin fork on August 1, which produced the cryptocurrency and network Bitcoin Cash (BCH), turns one month old today Friday. The digital currency’s market value is lower than last week and the network’s hashrate has dropped considerably, as it is currently more profitable to mine the legacy chain.

Bitcoin Is Becoming a Popular Investment for Middle-Class Americans



According to a recent report from NBC, middle-class Americans are growing quite fond of bitcoin and cryptocurrency investment. Bitcoin’s value is continuing to climb and everyday Americans are getting in on the action.

Engineers Demonstrate Zcash/Bitcoin Atomic Swaps



Blockchain interoperability is becoming a very popular concept that allows the trading of two different cryptocurrencies without the need for a third party. Last week on August 25 two Zcash engineers, Ariel Gabizon and Jay Graber demoed a working implementation of XCAT (cross-chain atomic trades) – a tool that can exchange bitcoins and zcash in a trustless way

Russia Proposes Restricting Bitcoin to Qualified Investors

The Russian Deputy Finance Minister Alexei Moiseev has proposed regulating cryptocurrencies including bitcoin as financial assets or property, to be listed on Moscow’s stock exchange. However, only qualified investors will be permitted to buy and sell them on the exchange.


Japan’s Largest Rewards Site Operator With 5 Million Users Launching Bitcoin Exchange



The operator of Japan’s largest rewards site with 5 million users is launching a bitcoin exchange. Ceres Inc has partnered with Japanese exchange Bitbank to use its B2B white label bitcoin exchange service to launch a cryptocurrency exchange.



GO TO : A Look at Two Alternative Bitcoin Hardware Wallets on the Market



There are a few ways bitcoiners can store their funds securely by utilizing cold storage options like a paper wallet and hardware wallets. Currently, there are only a few well-known hardware wallet manufacturers that produce cryptocurrency storage devices such as Keepkey, Ledger, Opendime, and Trezor. However, there are two other hardware wallets that have entered the market called Digital Bitbox and Bitlox.

GO TO : Authorities Charge Californians in Connection with Dark Web Drug Ring



Federal prosecutors said multiple people in California managed a sprawling dark web drug ring. Allegedly, they were making millions of dollars via the operation, which they were managing from a gated community in Altadena. They mainly transacted in bitcoin and maintained a large network in the United States. Markets Update: Bitcoin Cash Rallies for Three Solid Days

Popular Korean Talk-Based Stock Trading App Adding Cryptocurrency Exchange



Kakao Stock is South Korea’s top mobile stock trading app, which is based on the country’s most popular smartphone messenger app, Kakao Talk. It was established in February 2014 by fintech company Dunamu Inc. The company reportedly announced on Friday that it is launching a cryptocurrency exchange, according to local publications.