2022-8-24 16:01 |
It’s no secret the banking system doesn’t like Bitcoin — but does that stance challenge Bitcoin-first companies? Cointelegraph investigates.
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The flagship cryptocurrency, Bitcoin, was created with the goal of disrupting the traditional financial system. In support of this, Best-selling Author and Clinical Psychologist Jordan Peterson has suggested that customers should abandon the banking system and probably adopt Bitcoin.
2023-9-18 10:42 | |
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Prominent Bitcoin supporter sticks with Bitcoin as he believes banking system is in big trouble
2023-5-8 14:18 | |
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Bitcoin's outperformance during the banking crisis indicates the cryptocurrency is the anti-dollar liquid play for investors, one portfolio manager said.
2023-5-4 11:06 | |
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Bitcoin has had another positive month, making April the fourth consecutive month of gains, according to data from Coinglass. Bitcoin’s performance for the four months comes amidst a banking crisis and reveals that the closure of Silvergate and Silicon Valley…
2023-5-1 12:56 | |
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The traditional banking system is facing major challenges, and according to top financial expert Bernstein, Bitcoin (BTC) could be a savior. Bernstein analysts foresee Bitcoin’s long-awaited mainstream adoption could be potentially triggered by the US banking crisis.
2023-4-28 09:47 | |
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As the underlying issues in our economy are exposed by recent banking failures, Bitcoin stands as a trustless, alternative money.
2023-3-16 19:36 | |
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Analysis of Bitcoin’s proof-of-work and the Lightning Network exposes the banking system as energy-hungry, demonstrating that Bitcoin is better for the planet.
2022-6-17 16:16 | |
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U.S. banking giant Citigroup is awaiting approval to begin trading Chicago Mercantile Exchange Bitcoin futures.
2021-8-24 19:53 | |
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Banks and credit unions of all sizes can now facilitate the buying, selling, and holding of bitcoin within their banking platforms thanks to a collaboration between Finserv and New York Digital Investment Group (NYDIG).
2021-6-26 22:30 | |
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Bitwala, a German blockchain-based startup, has announced the launch of an all-in-one platform for banking with Euros, as well as buying and selling bitcoin. With a quick set-up via video verification, the new app will enable users to start banking and trading Bitcoin within minutes.
2019-9-1 01:30 | |
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BitCash – a new cryptocurrency ecosystem developed by blockchain engineer and serial entrepreneur Christian Kassler – launched on 28 August 2018. Combining traditional fiat banking tools and stability in one, BitCash seeks to be the world’s most useable, and most used, cryptocurrency.
2019-4-16 12:30 | |
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The cryptocurrency community is filled with people that image what the world would be like without the traditional banking system, replacing it with something new. However, Craig Wright has a different idea, even though he is a proponent of this crypto asset.
2019-4-16 01:19 | |
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Many cryptocurrency proponents envision a world without the traditional banking system. Not Craig Wright though. nChain’s Chief Scientist is of the opinion that Bitcoin “doesn’t stop banking.
2019-4-15 18:00 | |
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CEOs of different recognized banks have testified before the US House of Representatives Financial Services Committee regarding how the banking industry has changed over the last 10 years. The meeting took place on April 10, and other topics such as digital currencies and blockchain technology have also been addressed. Since Bitcoin’s creation 10 years ago, […]
2019-4-11 20:13 | |
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The head of the International Monetary Fund, Christine Lagarde thinks that cryptocurrencies like Bitcoin are disrupting the banking systems. She even added that to maintain stability, both in the crypto-space and the financial ecosystems, digital assets will have to start being monitored.
2019-4-11 16:12 | |
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Hard forks in the cryptocurrency world have become a common phenomenon, with the most famous ones being the Bitcoin [BTC] – Bitcoin Cash [BCH] hard fork and the Bitcoin Cash split which gave birth to Bitcoin ABC and Bitcoin SV [BSV].
2019-4-10 18:30 | |
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The author of ”Mastering Bitcoin” and notable educator Andreas Antonopoulos has claimed bitcoin’s domination is under threat over the next few years due to privacy concerns. Design and Fungibility: important things for longtime success At the Deconomy Conference in South Korea, the crypto guru shared his opinion regarding Bitcoin’s future in light of the unaddressed privacy issues.
2019-4-10 11:32 | |
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Aggrieved Nigerians are demanding that the country’s banking and financial regulators, as well as the Foreign Affairs Ministry (NIIA), look into allegations of fraud leveled against Paxful – a bitcoin peer-to-peer (P2P) exchange platform, reports The Guardian, April 6, 2019.
2019-4-9 05:00 | |
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Many cryptocurrency exchanges in India offer some kind of peer-to-peer (P2P) trading. News. Bitcoin. com talked to several of them to find out what is unique about each platform, most of which were launched in response to the banking restriction imposed by the country’s central bank.
2019-4-5 09:56 | |
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In an official blog post published on April 4, 2019, the Viennese cryptocurrency brokerage platform Bitpanda confirmed that it has received a license to operate as a payment service provider in Austria.
2019-4-4 20:17 | |
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For many companies, entrepreneurs and freelancers working in the crypto industry, accounting is an essential part of their day-to-day business activities. A number of platforms now offer services tailored to meet those needs including features such as cryptocurrency invoicing.
2019-4-4 09:58 | |
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QuadrigaCX monitor Ernst & Young suspects that the beleaguered exchange’s late CEO, Gerald Cotten, may have been financing personal expenditures with company funds, and it is now recommending that the assets in Cotten’s estate be placed under a preservation order.
2019-4-3 01:19 | |
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This article was originally published by 8btc and written by Lylian Tang. The Chinese security service provider 360 Security has issued a warning that a large number of crypto exchanges have been targeted by the North Korean hacker group Lazarus and that the number is still rising after the recent hacks of crypto exchanges DragonEx, Etbox and BiKi.
2019-4-2 21:54 | |
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One of the first regulated cryptocurrency exchanges, Gatecoin, has officially been taken over by liquidators following a series of hacks and banking problems. In a document sent to creditors of the exchange late last week, the liquidators state that “all powers of the directors of Gatecoin have ceased and the directors no longer have any authority to deal with the assets and/or undertakings of Gatecoin.
2019-4-1 11:45 | |
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Rublix is a blockchain-powered bitcoin banking service. It focuses on blockchain transactions to make it easier for bitcoin-oriented transactions to
2019-4-1 08:10 | |
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On March 27, a developer released a different kind of Bitcoin Cash (BCH) application called Bchgallery, an Android BCH wallet that is disguised as a generic photo gallery app. The platform aims to provide added security through obscurity by acting as a decoy application.
2019-3-31 17:59 | |
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Closely following market movements and price fluctuations is something every trader and investor in the crypto space must do in order to take advantage of opportunities and avoid losses. Cryptonaut is a portfolio management app that allows you to track your holdings in multiple cryptocurrencies.
2019-3-31 13:51 | |
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The inaction of India’s supreme court to end the prolonged banking restriction has forced another cryptocurrency exchange to shut down. The exchange has given its users 30 days to withdraw funds at increased fees, prompting several other exchanges to offer to refund these fees for customers switching to them.
2019-3-31 10:58 | |
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The inaction of India’s supreme court to end the prolonged banking restriction has forced another cryptocurrency exchange to shut down. The exchange has given its users 30 days to withdraw funds at increased fees, prompting several other exchanges to offer to refund these fees for customers switching to them.
2019-3-31 10:58 | |
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Two companies from different parts of Europe have recently announced new products that cater to the financial needs of businesses in the crypto industry. The services range from opening bank accounts to providing payment processing solutions.
2019-3-30 16:59 | |
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What Is Bankera? Bankera is a full-suite blockchain-based banking replacement developed by cryptocurrency exchange/wallet company SpectroCoin. Bitcoin was hailed as a replacement for traditional banking, but it’s only a currency (and a difficult one to spend).
2019-3-30 16:10 | |
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India’s supreme court has postponed hearing the crypto case at the request of the government’s counsel. The court was expecting to hear about the country’s cryptocurrency regulation today before proceeding to address the banking ban by the central bank.
2019-3-29 10:50 | |
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The darknet has a new soldier in the form Gustuff, a new Android trojan that has targeted over 125 cryptocurrency and banking apps. Gustuff has been in existence since April 2018 and stands with Anubis, Red Alert, and BankBot as one of the deadliest threats to the financial space.
2019-3-29 01:00 | |
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Ernesto Huerta is the very embodiment of Bitcoin. As the operator of Crypto Space, a physical bitcoin exchange in Los Angeles’ San Pedro neighborhood, Huerta knows more than most about the challenges of running a cryptocurrency business while maintaining banking access and compliance.
2019-3-29 22:05 | |
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The common narrative among the regulators and mainstream media is that Bitcoin makes it easy for the criminals to launder money. But the real picture is something else entirely. If we take a look at the fines paid by the banking giants all over the world, the total market cap of the cryptocurrency market would […]
2019-3-27 16:48 | |
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There is no doubt that India is among the most disoriented country when it comes to bitcoin regulations. When the Reserve Bank of India merely withdrew banking access to entities dealing in cryptocurrencies, the general public opinion misinterpreted it as an outright crypto ban.
2019-3-25 16:39 | |
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The Indian crypto community is ramping up its efforts to bring about positive crypto regulation and an end to the banking ban imposed by the country’s central bank. There are several ways Indian crypto enthusiasts can join in on the efforts, the CEO of a local crypto exchange, who has been running a popular social […] The post How Indian Crypto Enthusiasts Can Help Influence Regulation and Lift the RBI Ban appeared first on Bitcoin News.
2019-3-25 13:45 | |
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The Indian crypto community is ramping up its efforts to bring about positive crypto regulation and an end to the banking ban imposed by the country’s central bank. There are several ways Indian crypto enthusiasts can join in on the efforts, the CEO of a local crypto exchange, who has been running a popular social […] The post How Indian Crypto Enthusiasts Can Help Influence Regulation appeared first on Bitcoin News.
2019-3-25 13:45 | |
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The Indian crypto community is ramping up its efforts to bring about positive crypto regulation and an end to the banking ban imposed by the country’s central bank. There are several ways crypto enthusiasts in India can join in on the efforts, the CEO of a local crypto exchange, who has been running a popular […] The post How to Help Influence Crypto Regulation in India appeared first on Bitcoin News.
2019-3-26 13:45 | |
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The Australia and New Zealand Banking Group Limited (ANZ) has thrown some serious shade at distributed ledger technology — commonly referred to as ‘the blockchain. ’ According to the third-largest bank by market capitalization in Australia, legacy financial institutions aren’t exactly under immediate threat from the trustless transactions introduced by Bitcoin (BTC) and its creator, Satoshi Nakamoto.
2019-3-25 04:00 | |
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Data posted by a Twitter user simply known as Asimov shows that Gold mining consumes 23 times more energy than Bitcoin mining. Asimov’s data shows more on banking systems, governments and paper currency minting.
2019-3-24 09:32 | |
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Should banks design their own cryptocurrencies? According to Agustin Carstens, general manager of the Bank for International Settlements, the answer is a definitive “no. ” Crypto Isn’t Cool? Carstens has never been a fan of crypto, having likening bitcoin to a “bubble,” a “Ponzi scheme” and an “environmental disaster” in the past.
2019-3-23 02:33 | |
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SBI Holdings, a major financial and banking giant in Japan, has formally announced the launch of SBI Mining Chip Co. , Ltd. , officially entering the bitcoin mining industry. In recent months, the most dominant forces in the global bitcoin mining industry in the likes of Bitmain, Cannan, and Japanese internet conglomerate GMO have struggled to adjust to market conditions.
2019-3-23 20:45 | |
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Last week, there was a panel at SXSW that was effectively a debate on the merits of permissioned blockchains versus permissionless systems like Bitcoin. I listened to the entire audio of the panel discussion, after Programming Bitcoin author Jimmy Song tweeted it out the other day, and I thought he did an awesome job of pointing out the key value proposition of Bitcoin and why it is not worth comparing to permissioned systems.
2019-3-23 17:29 | |
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An Israeli court ruled on March 17, 2019, that banks can't enforce a blanket ban against all accounts linked to cryptocurrency. Instead, the court said, banks need to consider the specific type and scope of crypto-related activity before determining whether or not to open an account.
2019-3-20 18:53 | |
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As anxiety grows around every new twist and turn in the ongoing QuadrigaCX drama, along with extensive QuadrigaCX media coverage, Canada’s mainstream media has been calling on the government to bring in better oversight and regulation of cryptocurrency businesses, especially cryptocurrency exchanges.
2019-3-20 18:42 | |
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After the blackout experienced by Venezuela a few days ago, Bitcoin (BTC) transactions dropped around 40%, according to Professor Steve Hanke. He wrote on Twitter that since the blackout hit Venezuela, transactions on the Bitcoin network fell massively.
2019-3-19 17:23 | |
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Crime isn’t supposed to pay, but sometimes the wages of sin are paid in bitcoin. Last week, Japanese police reported that 2018 saw a tenfold increase of cryptocurrency money laundering.
2019-3-20 16:49 | |
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2gether, a Spanish banking platform, has announced the launch of its prepaid Visa debit card that allows holders to pay for goods and services using cryptocurrency. Customers can use the card to make payment in euros or via bitcoin core, bitcoin cash, ripple, ethereum, EOS, litecoin and stellar.
2019-3-19 02:15 | |
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Recent 13F filings show Europe's second largest bank, BNP Paribas, has purchased Bitcoin exposure via a US spot Bitcoin ETF.
The proposed new industry guidelines are intended to address issues around AML and CFT rules.
Oliver Tonkin has replaced Oliver von Landsberg-Sadie at the crypto banking firm.
With $158 million of total capital raised since 2019, Fnality plans to launch the Sterling Fnality Payment System in 2023, subject to approval by the Bank of England.
The U.S. Federal Deposit Insurance Corp. (FDIC) has left the banks it oversees unequipped to navigate the regulator's crypto expectations, according to the agency's inspector general, so the FDIC agreed to field a new strategy by January.
The committee already imposes a limit on crypto holdings in bank reserves, but the concentration of crypto in a small number of banks contributed to the March crisis, it said.
BTG Pactual is known for launching cryptocurrency trading services for its customers and is also planning to launch its own stablecoin.