BTC
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Theresa May’s take on cryptocurrencies
Theresa May sat down with Bloomberg News Editor-in-Chief John Micklethwait at the World Economic Forum’s annual meeting in Davos, Switzerland. Theresa May stated: I think in areas of cryptocurrency like bitcoin we should be looking at this very seriously. Precisely becouse of the way they can be used, praticulary by criminals. That is something that is being […]
ROOTPROJECT – INITIATING PROJECTS WHILE HELPING THE COMMUNITY
RootProject – First project of its kind. It is trying to restrucure capitalism and help the community by outsourcing labour to the people below the poverty line. RootProject is a new way of improving communities and individuals’ lives by combining the power of cryptocurrencies, crowd funding, and a non-profit approach to get public-benefit projects implemented. […]
Arsenal FC becomes the first football club promoting cryptocurrency
Arsenal Football Club will be the first sports club to promote cryptocurrency. It partnered with CashBet who is online gambling platform that enables real-money online gambling in social and mobile games. The company operates in the United States. It says it plans to raise $40 million to $70 million in a sale of CashBet Coins set […]
Total of $130,000 in fines to South Korean cryptocurrency exchanges
Domestic cryptocurrency exchanges in South Korea have been issued a fine for providing insufficient user data protection. In a public announcement, the Korea Communications Commission (KCC) said the penalty is a result of an investigation that the agency conducted from Oct. 10 to Dec. 28 in 2017 across 10 domestic crypto exchanges. Launched as a ministry-level agency, KCC […]
BitFlyer gets permission to fly in Europe
Japanese bitcoin exchange BitFlyer has announced its launch into Europe after being granted a payment institution license to operate in the European Union (EU). BitFlyer has become the first bitcoin exchange in the world to be regulated in Japan, the US and Europe. The license was granted by the Luxembourg regulator, Commission de Surveillance du Secteur Financier (CSSF). Pierre Gramegna, […]
Cryptocurrency invasion of WALL STREET
If you are thinking about investing, the first thing that must come to your mind is Wall Street. The term has become a metonym for the financial markets of the United States as a whole, the American financial services industry (even if financial firms are not physically located there), or New York-based financial interests and also most […]
Hyped ICO vanishes with millions
Benebit, one of this year’s most hyped up ICOs, has just vanished without a trace, leaving investors between $2.7 and 4 million out of pocket. The scam came to light after someone noticed that the team photos had been stolen from a school website. Once this happened, Benebit ran for the exits, taking […]
Goldman Sachs on the Bitcoin bubble
Goldman Sachs has claimed that bitcoin is a bubble bigger than the dot-com era and the famous Dutch tulip mania. In a research letter to investors, the banking firm’s analysts warned about the increase in cryptocurrency values. It highlighted the price moves in bitcoin and ether, as well as the stock price increases for companies which pivot to blockchain. One […]
1 Bitcoin = 1 Million US Dollars
Dan Schulman, chief executive of PayPal, talks with bitcoin pioneer Wences Casares about bitcoin, blockchain and fintech in a Facebook interview. Casares, a serial entrepreneur, has launched startups across South America and the United States, not the least of which is bitcoin wallet startup Xapo, which he currently leads. Casares is also a member of the PayPal board. Schulman […]
Was Jordan Belfort correct about BTC?
Former stockbroker compared cryptocurrency “bubble” to tulip mania and claimed that market will eventually collapse. Jordan Belfort believes the cryptocurrency is in a bubble and could be set to plummet in value soon. The former stockbroker, whose market manipulation and fraud crimes in the 1990s were subject of the 2013 film Wolf of Wall Street […]
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