Bitcoin Slides Under $67K As Mt. Gox’s $3.2 Billion BTC Transfer Spooks Investors

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Bitcoin ETF to Unlock Trillions of Dollars in Retail Savings, Crypto Vet Vijay Boyapati Says

Once Bitcoin spot ETFs are greenlit in US, retail customers won't have to struggle with KYC/AML challenges any longer

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UK Judge Asks Craig Wright to Pay Over Half-Million Dollars in Case against Coinbase, Kraken

Coinspeaker UK Judge Asks Craig Wright to Pay Over Half-Million Dollars in Case against Coinbase, Kraken The UK Judge said that Craig Wright won't be able to pay the legal costs while mentioning his previous inconsistent statements about his financial position.

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SEC can’t keep Western financial system going forever

Crypto. news’ editor Nicholas Ross Say shares his opinion on the US SEC’s recent crusade against crypto that cost the industry millions of dollars. He opines that innovation oppression won’t last forever.

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Celsius Network owns customers' $4.2 billion crypto, judge rules

Celsius Network has won the rights to 600,000 Earn customers' crypto funds The Judge has granted the platform the right to sell millions of dollars of stablecoin Celsius Network has just wonThe post Celsius Network owns customers' $4.

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US Government Won’t Allow Corporates to Keep Replacing Dollars With Bitcoin, Warns Investment Advisor

Dan Nathan, the founder of Risk Reversal Advisors, says that the U.S. government will not keep allowing corporations like Elon Musk’s Tesla to replace dollars with bitcoin. They won’t “let the dollar fall away from being the reserve currency for the world,” which could happen if corporations keep replacing dollars in their balance sheets with […]

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Bitcoin (BTC) buyers and sellers won’t let the price progress

Earlier this year. Bitcoin price has spent months trapped between $9,000 and $10,000, and for the most part, the fluctuations of its price were as small as a few hundreds of dollars. The coin finally managed to escape this limbo in late July, only to get stuck in another one barely a few days later.

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“If you Can’t Fight it, Adopt it,” Visa Wins Patent for Digital Currency Protocol 

International payments processor Visa won a patent describing a digital currency protocol on May 14. The system works on a private blockchain and uses native tokens to facilitate transactions.   Good for Crypto? As Forbes reported, the Visa blockchain would feature native “digital dollars” and other central bank-issued fiat currencies.

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Lottery Winner in Illinois Uses Half of His Prize, Worth $250,000 to Buy Bitcoin (BTC)

A resident of Illinois won half a million dollars in a state lottery and later claimed that he invested half of it in Bitcoin. The story went public recently when the Redditor Joxnlol who won the lottery posted an image of himself with the check. He affirmed that he invested half of the prize in […]

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Argentina Central Bank Exposed 800 Citizens’ Sensitive Information

The Central Bank of Argentina (BCRA) published a list of people who will not be able to purchase any more U. S. dollars at the country’s exchange operators. The list is comprised of more than 800 people that won’t be able to conduct any more exchange operations because they exceeded the monthly limit of $10,000 limit.

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Analyst Who Predicted Bitcoin Bottom Says It Won’t Find New Lows

Bitcoin has suffered significant losses after dropping by thousands of dollars to take its value below the $9,500 level. Market analysts believe that the criticism of Facebook’s cryptocurrency Libra by the US senators has unsettled investors.

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Op Ed: Debunking Bitcoin Myths: ‘It’s a Ponzi Scheme’

The accusation that bitcoin is nothing more than a Ponzi scheme is perhaps the oldest, longest-standing criticism of the digital bearer asset. The basic idea is that there is nothing of value here and the entire purpose of bitcoin’s existence is to enrich Satoshi Nakamoto and the speculators who bought in for a few pennies or dollars in the early days by tricking others into buying in at a higher price.

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Life Without Dollars: A New, Lasting StableCoin Solution is Needed Because the USD Won’t Rule Forever

Since the whittling away of the power and stability of the gold standard in, depending on where you're from (1925 in the UK to 1971 if you're in the USA) and its replacement with a system of tethered trust in the government responsible for the issuance of the currency (Bank of England – UK and […]

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Innisfil Becomes First City in Canada to Accept Bitcoin for Municipal Taxes

Ohio might have made history as the first city to accept cryptocurrency for corporate taxes, but one Canadian town is adding its name to the books by becoming the first in North America to permit its citizens to pay their personal taxes in bitcoin.

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So Far, Only Two Businesses in Ohio Have Used Bitcoin to Pay Taxes

According to a recent statement made by Ohio’s state treasurer, so far, only two businesses have filed their taxes in crypto using the state’s crypto tax payment scheme.

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Judge Delays Decision to Appoint Legal Counsel for QuadrigaCX Creditors

A group of lawyers from some of Canada’s top law firms convened in a court in Halifax, Nova Scotia, today to secure the right to represent creditors in the ongoing QuadrigaCX litigation.

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The Hostile Media Narratives About Bitcoin’s Environmental Impact Are Total Garbage

If you’ve been following the news and social media discussion regarding Bitcoin for very long at all you’ve likely seen multiple articles castigating Bitcoin as a harbinger of environmental degradation and destruction.

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Op Ed: Anatomy of the Tether Attack: Are Stablecoins Vulnerable?

“Go for the Jugular” is the advice George Soros gave to his team during his famous attack on the British pound for a profit of $1 billion on so-called Black Wednesday in 1992.

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Bithumb Sells $350 Million Stake in Its Cryptocurrency Exchange to a Blockchain Consortium

Bithumb, one of the most important exchanges in South Korea, has sold almost 40% of its shares to a blockchain consortium, in what aims to be a strategy to regain its strength within the Asian market.

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In Search of Stability: An Overview of the Budding Stablecoin Ecosystem

Stability. The word seems to be at complete odds with the current nature of the crypto market. With its flagship coin having “died” on hundreds of occasions, volatility and meteoric price swings have come to define cryptocurrencies, as price stability, ever-elusive, is in short supply.

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Crypto Wallet Protection App Wants to Secure Your Wallets Against Malware

Malware, a persistent thorn in the side of the internet’s wider community, has become an increasing concern for cryptocurrency users. A problem that comes in many forms, malicious software is leveraged by hackers to rob community members of their funds.

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Berkeley Professor Questions Stablecoin Viability in Unflattering Op-Ed

University of Berkeley Professor Barry Eichengreen has taken a swipe at the viability of stablecoins in an op-ed published on Project Syndicate. The critique, entitled “The Stable-Coin Myth,” argues stablecoins are not automatically "viable" just because they are pegged to an asset, though Eichengreen does believe they have an advantage over "conventional cryptocurrencies" such as bitcoin which he says "is highly unstable" and "unattractive as units of account.

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Yes, Stablecoins Can Secure Official Audits from Major Firms

“We have nothing to hide,” says Tory Reiss, VP of corporate development at TrustToken. Like the market’s most popular stablecoin, Tether, TrustToken's TrueUSD is fiat-collateralized.

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Bithumb Expects Actual Losses to Be Lower, Promises Reimbursement to Affected Clients

Earlier this week, the cryptocurrency community was once again dumbfounded when millions of dollars worth of digital coins went missing as hackers successfully breached Bithumb, which is South Korea’s biggest crypto exchange.

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