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Cryptocurrency exchanges Coinbase, Bitfinex down

(Reuters) – Digital currency exchange Coinbase’s website showed “service unavailable” early on Tuesday, flashing a message that said it was down for maintenance. FILE PHOTO: Photo illustration of Bitfinex cryptocurrency exchange website taken September 27, 2017. REUTERS/Dado Ruvic/Illustration Bitfinex, another cryptocurrency exchange, tweeted on Tuesday saying it was under heavy …

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China video game craze drives booming e-sports market

WUHU, China/SHANGHAI (Reuters) – In an industrial park on the edge of Shanghai, a dozen Chinese teenagers are taking a break from battling digital armies to focus on their yoga. People watch the League of Legends 2017 World Championships Grand Final esports match between Samsung Galaxy and SK Telecom T1 …

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Uber fights ban on cash payments in Mexican state

MEXICO CITY (Reuters) – Uber Technologies Inc said on Monday that it had appealed regulations that have barred it from accepting cash fares in the Mexican state of Puebla, in a new challenge to clampdowns on the ride-hailing service in Latin America. FILE PHOTO – The Uber logo is seen …

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New bitcoin futures suggest breakneck price gains to slow

NEW YORK/LONDON (Reuters) – Newly launched bitcoin futures on Monday suggested that traders expect the cryptocurrency’s blistering price gains to slow in the coming months. Chicago-based derivatives exchange Cboe Global Markets (CBOE.O) launched the futures late on Sunday, marking the first time investors could get exposure to the bitcoin market …

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