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OneCoin Crypto Scam Boss Faces Jail Trial after $20 Million Bail Fail
The CEO of the OneCoin cryptocurrency scam, Konstantin Ignatov, will have to undergo trial while still in custody. The New York Southern District Court’s Judge Edgardo Ramos denied a bond application filed by Ignatov despite the top leader of the cryptocurrency scam having proposed attractive release conditions, as first ported by Finance Feeds. дальше »
2019-6-30 17:45 | |
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Facebook Pushes on with Cryptocurrency Recruitment Despite Libra Project Criticism
Facebook is advertising job offers for a cryptocurrency wallet data engineer and regulatory policy expert as it moves forward with its plans for the Libra project. Meanwhile, stakeholders across the cryptocurrency and mainstream finance industries, as well as government officials, continue to express concerns about the company’s foray into the world of cryptocurrency payments. дальше »
2019-6-25 15:00 | |
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Despite convertibility issues, Facebook’s Libra will be a dominant stablecoin, opines Thomas Lee
Thomas Lee, Head of Research at Fundstrat Global, spoke to CNBC about Facebook’s Libra Blockchain. He also opined on how it would affect the cryptocurrency space, especially Bitcoin, stablecoins, and the field of decentralized finance. дальше »
2019-6-19 22:30 | |
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U.S Internal Revenue Service prepares to take stringent action against cryptocurrency tax evaders
While Bitcoin has revolutionized the digital currency and decentralized finance space, Bitcoin has often been followed by its dark past. Its wide use on the dark net and its association with Silk Road has lent it a slightly shady reputation. дальше »
2019-6-14 15:00 | |
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Saifedean Ammous: It’s ‘Not Certain’ That Bitcoin Is Government-Proof
Bitcoin is not free from the threat of government interference, ‘The Bitcoin Standard’ author Saifedean Ammous warned mainstream media this week. Ammous: BTC Up 18 Million Percent Speaking in an interview with German finance magazine Boerse Online, Ammous, who is well known as one of the biggest active Bitcoin bulls, said that despite being technically unstoppable, Bitcoin still faces its enemies. дальше »
2019-6-3 17:00 | |
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Japan Skeptical of Bitcoin ETF Approval Despite Persuasion from Local Politician
Japanese Financial Services Agency (FSA) like the United States Securities and Exchange Commission (SEC) has expressed reservations on the approval of a crypto-based Exchange-Traded Fund (ETF). the major reason cited by the FSA is the problem of volatility which characterizes the cryptocurrency market. дальше »
2019-5-31 02:31 | |
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Congressional report: Bitcoin adoption ‘miniscule’ compared to traditional finance
Distributed ledger systems that underpin cryptocurrencies aren’t capable of processing the number of transactions required for mass adoption — but it doesn’t matter, they’re only really used for speculation. дальше »
2019-5-29 14:30 | |
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Don’t Kid Yourself! Bitcoin is a Terrible Stock Market Hedge: Study
By CCN: Bitcoin is not an effective hedge against an uncertain economy or volatile stock market — despite what crypto evangelists vehemently insist. That’s the conclusion of a report that was just published in the Annals of Operations Research. дальше »
2019-5-21 21:59 | |
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PayPal Says It’s a ‘Little Early’ To Embrace Bitcoin (With Its 125,000% Gains)
PayPal CFO John Rainey says it is “too early” for the company to invest in Bitcoin – despite the fact the cryptocurrency has appreciated 125,000 percent in 7 years. PayPal: We Love Blockchain Speaking in an interview with Yahoo! Finance this week, John Rainey said that the merchant experience of accepting Bitcoin payments was suboptimal due to market volatility. дальше »
2019-5-11 20:00 | |
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After Ten Years, Traditional Finance Needs to Create More Welcoming Atmosphere for Bitcoin
The cryptocurrency industry began ten years ago with the launch of Bitcoin, and it has continued to have a significant impact on the entire financial world. The coin has plenty of room to grow, despite originally being named a “dark web currency. дальше »
2019-5-7 01:19 | |
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Amidst Crypto Market’s Constant Flux, Demand for Crypto-Related Payment System Increases
In a recent post shared by PR Newswire, the claims made by news outlet, Finance Magnates, were further analyzed. For the most part, the latter argued that despite the current stance of the cryptocurrency market, there appears to be demand for crypto-backed PoS (Point of Sale) systems. дальше »
2019-4-25 03:55 | |
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Bank of America Tech Chief Is Bearish on Blockchain Despite the Bank’s High Number of Blockchain-related Patents
Bank of America (BofA), a U. S. investment bank with offices in London, Toronto, Hong Kong, and more has spent the last five years working on how the world of finance can adopt blockchain technology. дальше »
2019-3-27 14:59 | |
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Finance Minister Debunks Bitcoin Legalization Claims in Pakistan
Asad Umar, the Pakistani Finance Minister, has debunked claims that the country is moving forward with plans to legalize bitcoin trading, reports TechJuice. Despite not recognizing cryptocurrency trading, the country has in recent times begun to adopt blockchain technology solutions. дальше »
2019-3-21 14:00 | |
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Mississippi Ranks Dead Last in US Scientific Innovation Rankings
A new report ranking all 50 U. S. states and Washington, D. C. in order of their innovativeness has ranked Mississippi as the least innovative state in the country, underlining the yawning cultural and economic chasm between the poorest and wealthiest areas of the country. дальше »
2019-3-20 18:09 | |
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After QuadrigaCX: New Regulations for Canadian Exchanges Are in the Works
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. дальше »
2019-3-20 18:42 | |
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Highest Yielding Deposit Account in Finance Comes From Crypto: BlockFi’s 6% Interest
It’s no secret that crypto investors have been on a rollercoaster for years, but unfortunately this ride has been on its descending arch for the past year. Despite this, there are still plenty of ways to profit in the markets, including depositing your cryptocurrency in a high-interest account in exchange for unprecedented interest rates. дальше »
2019-3-6 03:00 | |
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Why JP Morgan’s ‘Bitcoin Killer’ isn’t Even a Real Cryptocurrency
JP Morgan Chase, the largest bank in the United States by a long shot, shocked the financial community on Thursday by launching its own blockchain product. For the purpose of this article, JPM Coin will not be referred to as a “cryptocurrency. дальше »
2019-2-15 21:24 | |
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Blockchain investment still lags behind fintech despite record-breaking 2018
European blockchain technology companies had a record year in terms of VC investment in 2018, although overshadowed by funding going into financial technology (fintech) companies. According to Innovate Finance’s ‘2018 FinTech VC Investment Landscape‘ report , the European blockchain and cryptocurrency industry witnessed a series of significant deals, but notably just four deals amounted to over $300 million. дальше »
2019-2-12 18:30 | |
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Yahoo co-founder Jerry Yang says blockchain “natural technology for banks and trading”
Jerry Yang, the Taiwanese-American co-founder of Yahoo, says, despite crypto hype having yet to turn into reality, that blockchain and finance are a natural fit, according to comments first reported by Finews Asia. дальше »
2019-1-20 19:44 | |
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Bittrex Launches Over-the-Counter Trading Platform for Bitcoin, Crypto
Major cryptocurrency exchange Bittrex will launch an over-the-counter (OTC) trading desk today, January 14, 2018, by 18:00 UTC. The service will allow investors to trade nearly 200 digital assets currently offered on the Bittrex trading platform. дальше »
2019-1-15 00:10 | |
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“Bitcoin Could Make it to 5k”. Anti-Crypto and Investment Guru Jeffrey Gundlach Says
Despite not being the most pro-bitcoin investor, Jeffrey Gundlach recently commented that Bitcoin could easily give traders and hodlers a 25% profit in the short term. Jeffrey Gundlach is a Bond-fund Manager at DoubleLine Capital LP. дальше »
2019-1-10 20:36 | |
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According to Latest Data, 0x has Only Procured Around $3K in ZRX tx Fees Since its Inception
As many of our regular readers may be well aware of by now, 0x has carved a niche’ for itself within Ethereum decentralized finance ecosystem. However, despite all this, it is worth noting that the utility of 0Xs native token offering ‘ZRX’ remains largely muted at this point. To be even more specific, we can see […] дальше »
2019-1-6 21:34 | |
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Circle’s Cryptocurrency OTC Desk Swapped More Than $24 Billion in 2018
Finance company Circle claims its over-the-counter (OTC) cryptocurrency trading desk swapped a notional volume of $24 billion last year. The Boston-based company’s Circle Trade desk reportedly executed more than 10,000 cryptocurrency settlements between 600 unique counterparties in 2018. дальше »
2019-1-5 21:56 | |
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Blockchain Shouldn’t Be an Enemy to the U.S. Federal Reserve
Despite most central banks being reluctant to turn to blockchain technology, major institutions such as the U. S. Federal Reserve should figure out the implications of such distributed ledger technologies and how to adapt to them, economist Eswar Prasad argued in a Financial Times article on January 1, 2019. дальше »
2019-1-4 04:00 | |
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Western Union “We Would Be Ready” For Crypto. Ripple Tests Still Ongoing
Cryptocurrencies continue to make their way into the world of finance and traditional payment systems. Despite some skeptical statements and the bearish 2018, their adoption has dramatically increased to the point that many experts believe that eventually crypto use could complement or even compete directly with the traditional fiat system. дальше »
2018-12-21 05:56 | |
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Cambridge Study: ID-Verified Crypto Users More Than Doubled in 2018
The University of Cambridge Center for Alternative Finance says the number of verified cryptocurrency users has increased in 2018 despite the year-long bear market that has seen prices tumble more than 80 percent. дальше »
2018-12-13 21:00 | |
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France will tax tech giants in 2019 if EU doesn’t step up
Plans for EU-wide digital services tax to prevent tax evasion were struck down this week as the proposal didn’t receive unanimous support from all 28 member states. This happened despite Germany and France‘s attempt to reach a consensus by proposing a bill full of concessions, which would specifically target behemoths like Google and Facebook. дальше »
2018-12-6 13:08 | |
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Finder Experts Predict Bitcoin at $6700 by January 1 and 100% Growth For XLM
Despite the recent bear markets, panelists at a personal finance comparison site, Finder.com are predicting a strong rebound before the end of the year for Bitcoin and some of the top altcoins. In a recent forecast made by ten global crypto experts, it was predicted that Bitcoin would, by January 1, 2019, record an 81% […] The post Finder Experts Predict Bitcoin at $6700 by January 1 and 100% Growth For XLM appeared first on ZyCrypto. дальше »
2018-12-6 23:32 | |
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South Korea Mulls Imposing Taxes on Cryptocurrency ICO
The South Korean government reportedly has plans to tax cryptocurrency and ICOs, despite the lack of a regulatory framework. Cryptocurrency ICO Taxation Policy According to The Korea Times, Hong Nam-Ki, Finance Minister nominee, revealed that the South Korean government is planning to tax cryptocurrency and initial coin offerings (ICO). дальше »
2018-12-4 10:03 | |
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Wall Street Continues to Experiment with Cryptocurrencies Despite Crypto Crash
Players in the mainstream finance sector continue to experiment with cryptocurrencies and blockchain technology despite the recent Bitcoin crash. According to the Financial Time’s Article published on November 28, 2018, many companies such as large proprietary traders and institutional investors are still looking to ride the cryptocurrency movement, as they believe that the tokenization of physical and tangible assets are. дальше »
2018-12-1 06:00 | |
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New “Blockchain Academy” Launches by the Bahrain Finance Training Institute (BIBF)
Despite all of the bearish momentum that seems to have gripped the crypto market over the past couple of weeks, it has just come to light that the Bahrain Institute of Banking and Finance (BIBF) is all set to launch the nation’s first “Blockchain Academy”. For those who might not be aware, the BIBF was […] дальше »
2018-11-27 18:53 | |
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Doubling Down as Bitcoin Plunges is a ‘Problematic Mindset,” Says Personal Finance Author
As the price of Bitcoin continues to fall, many investors are doubling down and sticking with their decisions, which is a sign of a ‘problematic mindset’ that leads to more loss, Business Insider India reported on November 21, 2018. дальше »
2018-11-24 02:00 | |
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XRP Price Remains Stuck at $0.5 Despite Wider Integration in the Finance Sector
In the world of cryptocurrencies and digital assets, a lot of interesting things are happening lately. Most of the top markets remain subdued, and XRP is – once again – no exception in this department. дальше »
2018-11-14 12:41 | |
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Google Former Chairman Impressed on the Capabilities of Ethereum
Cryptocurrencies and blockchain technologies have received the support of many influential people in the world of finance and technology despite the current bearish crisis that markets have suffered during 2018. дальше »
2018-11-9 08:13 | |
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Chinese Court: Bitcoin Is Property and Protected by Law
A Chinese Court recently ordered a company in a civil dispute to repay a misappropriated amount of cryptocurrency, setting a legal precedent for cryptocurrency-related disagreements. According to a Finance Magnates’ article published on November 5, 2018, despite China’s 2017 cryptocurrency ban, the Shenzhen Court recognized in the civil dispute that cryptocurrencies have economic value. дальше »
2018-11-7 04:00 | |
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JP Morgan: “We Are Big Believers in Ethereum”
Despite recent statements by Jamie Dimon, in which he claimed that he didn’t “give a sh*t about Bitcoin. ” JP Morgan just gave a significant endorsement to Ethereum ETH as a result of its capabilities to provide practical applications in the world of finance. дальше »
2018-11-3 04:20 | |
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Coinbase Staff Shakeups Continue as Customer Service Staff Are Cut
Crypto exchange Coinbase continues its recent shakeup of staff and executives as its customer service staff are cut. Crypto exchange Coinbase recently engaged a series of cuts and shakeups involving staff and executives. дальше »
2018-10-27 14:00 | |
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Can Ethereum Ever Wield Enough Momentum to Surpass Bitcoin?
Deciphering the patterns behind the movement of cryptocurrency can be as brain-raking as advanced calculus for both new and existing cryptocurrency investors. Demand and supply may be seen as the major factor that generally controls the world of economics and finance, but the fact that cryptocurrency is still in its early stage of development, despite […] The post Can Ethereum Ever Wield Enough Momentum to Surpass Bitcoin? appeared first on ZyCrypto. дальше »
2018-10-25 17:22 | |
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Korea’s Finance Regulator: We Should Not Equate Cryptos with Blockchain
South Korea’s top financial regulator on Thursday clarified that initial coin offering (ICO) issuance will remain banned despite the government’s inclination towards setting up a blockchain hub in Seoul. дальше »
2018-10-11 21:30 | |
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With the CBAC, East Meets West in Search of Adoption and Innovation
The noise that surrounds economic relations between the United States and China is amping up exponentially. You can thank the latest trade wars for that, as fresh tensions boil over between the two nations who are currently trading new tariffs on imports, with no shortage of ill will underpinning the moves. дальше »
2018-10-10 23:38 | |
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Bitcoin on the Verge of Global Institution-Driven FOMO Rally, Says deVere CEO
Despite cryptocurrencies continuing to struggle throughout 2018, one finance executive thinks that a “global” FOMO rally is close to occurring. Bitcoin on the Verge of “Global Breakout,” Rally Driven by FOMO After experiencing a year-long bull market in 2017, irrational exuberance surrounding Bitcoin and other cryptocurrencies peaked in late December, and the emerging asset class. дальше »
2018-10-1 22:00 | |
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Hong Kong: Cryptocurrency Startups Splurge on Rent to Attract top Talent
Despite the bearish cryptocurrency market, cryptocurrency exchanges and investment funds are proliferating and keen to attract talent by renting out the priciest top-tier office buildings in Hong Kong. дальше »
2018-10-2 19:00 | |
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Dear Cryptocurrency Users, Here’s 5 Blockchain Facts All Investors Should Hear
We live in an interesting time, when things that seemed impossible just a few decades ago, are finally getting their necessary solutions. This is especially true when it comes to issues plaguing the finance industry. дальше »
2018-9-16 09:21 | |
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France introduces ICO regulations to protect investors
Despite calls for the EU to unify its regulation of cryptocurrencies and blockchain, France has taken the initiative and introduced its own regulations for initial coin offerings (ICOs). In a tweet yesterday, French Minster of Economy and Finance, Bruno Le Maire, announced the approval of a legislative framework which would require ICOs floated in France to provide safeguards and guarantees to investors. … This story continues at The Next Web дальше »
2018-9-14 12:20 | |
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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. дальше »
2018-9-13 18:07 | |
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EU To Step Carefully With Cryptocurrency Regulation
Despite a Brussels-based think tank advising the European Union to adopt common rules for cryptocurrencies, a subsequent meeting of European finance ministers concluded that regulations could wait. дальше »
2018-9-11 21:36 | |
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Cryptocurrency Is Not Conducive for Terrorism, Says Defense Expert to U.S. Congress
Despite tired rhetoric that speaks to the contrary, cryptocurrency is an inefficient form of money for terrorist organizations. However, one expert believes the U. S. ought to take steps to prevent its adoption as a sanctuary financial conduit for global terrorist networks. дальше »
2018-9-9 07:00 | |
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Blockchain Firm Aranium Aims to Disrupt Private Equity Investing
Blockchain and cryptocurrencies are considered game-changers in the finance world despite Wall Street’s caution. And when it comes to private equity (PE), an early innovator could enjoy first-mover advantage. дальше »
2018-9-7 15:15 | |
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Google Launches Plugin to Make Ethereum Blockchain Analysis an Accessible Venture
Despite its reluctance toward crypto finance and ICO advertisements, Google is not shying away from the technical prowess of blockchain networks. The search giant recently announced its new database tool, which helps explore the Ethereum blockchain. дальше »
2018-9-4 04:00 | |
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In spite of Recent Fluctuations, Reddit Co-founder Has Good Hopes on Cryptocurrencies
Despite the economic crisis there happens to be traction for bitcoin as a store of value as expected by the co-founder Alexis Ohanian of Reddit. The founder seems bullish about the bitcoin market which was understood from his recent interview with Yahoo Finance. дальше »
2018-8-28 00:30 | |
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