Nikhilesh De

ECB Official Calls Bitcoin ‘Evil Spawn of the Financial Crisis’

| Nikhilesh De

ECB executive board member Benoît Cœuré has discussed potential uses for blockchain at central banks, but he's really not keen on bitcoin.

bitfury, mining

Ahead of Bitcoin Cash Fork, Mining Power Still Favors SV

| Nikhilesh De

Bitcoin cash's ongoing hash war remains lopsided, with mining pools supporting Bitcoin SV controlling nearly 75 percent of the current network.

New York Regulators Have Grant Crypto License to NYDIG

| Nikhilesh De

New York's latest BitLicense has been granted to the New York Digital Investment Group, along with a limited purpose trust charter.

Bank of America Wins Crypto Storage Patent

| Nikhilesh De

A Bank of America patent awarded Tuesday describes how an enterprise-level institution may store cryptocurrencies for customers.

Court Takes Control of Funds Amid Crypto Exchange’s Banking Dispute

| Nikhilesh De

A Canadian judge ruled that CIBC, which froze some $26 million CAD claimed by QuadrigaCX, must transfer the funds under dispute to the court.

Bitcoin Cash’s ‘Mining War’ Escalates as Blockchain Hard Fork Approaches

| Nikhilesh De

Over the past day, bitcoin cash mining pools supporting Craig Wright's Bitcoin SV have consolidated even more of the relative amount of hash power.

Bitmain Sues Alleged Bitcoin Thief in US Federal Court

| Nikhilesh De

Bitmain has filed a lawsuit against an anonymous thief in a US federal court, who allegedly stoled 617 bitcoin from the crypto mining giant.

Michigan Secretary of State Nixes Crypto for Political Donations

| Nikhilesh De

A letter from the Michigan Secretary of State's office states that cryptocurrencies cannot be used for political donations.

Combined Class-Action Lawsuit Against Ripple Moves to Federal Court

| Nikhilesh De

Is XRP a security? The question is now sitting before the U.S. District Court in San Francisco.

dollar, US

For Bitfinex Users, Dollar Withdrawals Are Now a Weeks-Long Struggle

| Nikhilesh De and David Floyd

Three weeks after being assured everything was running smoothly, some customers at Bitfinex are wondering why they still can't get their money out.