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New York Nears Financial Ruin as Debt Balloons Over $80,000 per Household
As public spending and debt levels in New York rise its wealthy and businesses leave, sick of high taxes. New York sits on the edge of bankruptcy. Experts warn that further exits or a national recession could push the city over the edge into all-out financial ruin. дальше »
2019-3-13 18:03 | |
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North Korea amassed small cryptocurrency fortune through hacking, says UN panel
North Korea has obtained some $670 million in virtual and fiat currency in a bid to bypass economic sanctions put in place as a result of its nuclear and missile programs. The country amassed the funds through cyber attacks, Nikkei says citing an expert panel reporting to the UN Security Council. дальше »
2019-3-8 14:24 | |
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CoinMD CoinRewards Might Close Doors By Month’s End Citing Financial Woes: Thomas McMurrain, CEO
In a recent video post online recently, Thomas McMurrain – the CEO of CoinMD, the “world’s first Universal Healthcare Marketplace that accepts cryptocurrency” has disclosed that the company is facing serious financial challenges. дальше »
2019-3-8 03:00 | |
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Coinbase Data Firms Speak Out On Peddling Private Information
A major cryptocurrency exchange and two blockchain research companies have been hit with a wave of bad press over recent allegations of the sale of users’ personal information. Last month, popular U. дальше »
2019-3-6 02:46 | |
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Opportunity for Litecoin (LTC), Kroger Bans Visa Citing High Fees
Litecoin (LTC) trading above $35, bullish Can Kroger accept cheap LTC after banning Visa credit cards due to high fees Participation levels low days after prices rocketed from $20. If by any chance Kroger accepts Litecoin after banning credit card fees due to high fees, Litecoin (LTC) will surge. дальше »
2019-3-5 22:00 | |
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American Success Story or Impending Disaster? Experts Wary of Lyft’s IPO
The story of Lyft’s rise to glory is quite a tale. The ride-hailing service filed to go public on Friday with a potential valuation of $20 billion to $25 billion, with a familiar prospectus which shows rising revenue which could one day turn into immense future profits as well as overall losses which could send the company under without a cash injection. дальше »
2019-3-4 18:32 | |
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Major US Retailer Ditches Visa – Now Considering Bitcoin’s Lightning Network
US retail giant, Kroger, is no longer accepting Visa credit cards at its chain of Smith’s food and drug stores. So Anthony Pompliano tweeted an offer to hook them up with Bitcoin’s Lightning Network nationwide. дальше »
2019-3-3 19:00 | |
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Blockchain Advocacy Coalition Sponsors Bill to Allow Crypto for Legal Cannabis Tax
Activist group Blockchain Advocacy Coalition (BAC) has sponsored a bill in California’s 19th State Assembly District, set to allow legal cannabis businesses in the district to pay their state taxes using cryptocurrency. дальше »
2019-3-1 20:16 | |
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Dogecoin Creator Belittles, Throws Shade on Bitcoin and Blockchain
Dogecoin creator Jackson Palmer doesn’t think the blockchain’s progression is anything like that of the Internet, in a tweet from Wednesday. Palmer said it’s “dishonest” to compare the two, citing the “user demand” and “market fit” of the Internet after 10 years of development. дальше »
2019-2-28 09:33 | |
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Citing Executive Embezzlement, Korean Crypto Exchange Declares Bankruptcy
Coinbin, a South Korean crypto exchange, declared bankruptcy on February 22, 2019, citing foul play from inside the company. Business Korea reported on Coinbin’s recent failure, claiming that the company had lost $26 million as a result of theft and the subsequent bankruptcy declaration. дальше »
2019-2-27 23:13 | |
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Trump to Be Accused of Racism, Lies and Criminal Acts by Former Lawyer Michael Cohen
Editor’s Note 14:59 EST: The headline has been amended for clarity. Trump’s former personal lawyer is set to give a bombshell testimony in front of Congress. Michael Cohen, President Trump’s former attorney and fixer for 12 years until May 2018, could be about to open a can of worms on Wednesday that even Teflon Don cannot walk away from clean. дальше »
2019-2-27 22:40 | |
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Huobi Global Absorbs Australian Unit Amid Bear Market, Reveals Recent Layoffs
Just eight months after its launch, Huobi’s Australian subsidiary is to be subsumed under the Huobi Global canopy, citing poor market conditions
дальше »2019-2-25 12:05 | |
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Apple ‘Project Titan’ Could Mean an Electric Van, Not a Multi-Billion Acquisition of Tesla
Forget plunking down tens of billions of dollars to acquire Tesla, Apple’s rumor mill is churning out gossip that the iPhone maker plans to debut its own electric van. This latest rumor was kicked off by a German business publication this week. дальше »
2019-2-24 13:08 | |
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CME Bitcoin Futures Volume Soars Amid Buoyant Price
The Bitcoin price caused CME Group to set new daily trading records for its Bitcoin Futures this week, the company confirmed citing its public statistics. CME Futures: Rags To Riches In 2 Weeks After Bitcoin price (BTC) rose to almost $4000 within 24 hours, CME saw a daily all-time high of over 18,000 contracts trading on February 19. дальше »
2019-2-22 16:00 | |
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Long-Time Ethereum Blockchain Developer Quits ETH Citing Polkadot And Serenity Sentiment
Ethereum Developer Afri Schoedon Quits The Project The recognized and popular Ethereum (ETH) developer Afri Schoedon, has decided to stop working on the second largest virtual currency in terms of trading volume. дальше »
2019-2-20 19:41 | |
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Bitcoin Mining Giant Bitmain Reveals $500 Million Loss; End of the IPO Dream?
The world’s largest maker of cryptocurrency mining equipment Bitmain made a $0. 5 billion loss in 2018’s Q3, CoinDesk reports. Citing a source who viewed an update that was filed with the Hong Kong Stock Exchange the publication also reported that Bitmain generated revenues of more than $3 billion during the first three quarters of 2018 with only $200 million being generated in Q3. дальше »
2019-2-19 16:53 | |
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Crypto Analyst Calls For ‘Altseason’, Expects Bitcoin Dominance To Go Sub 30%
Crypto Assets To Surge, Claims Trader Galaxy, a self-proclaimed “cryptocurrency accumulation machine,” recently remarked that from his point of view, Bitcoin (BTC) market dominance is going to be in for a tough time. дальше »
2019-2-19 04:00 | |
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Crypto Analyst Calls For ‘Altseason’, Expects Bitcoin Dominance To Go Sub -30%
Crypto Assets To Surge, Claims Trader Galaxy, a self-proclaimed “cryptocurrency accumulation machine,” recently remarked that from his point of view, Bitcoin (BTC) market dominance is going to be in for a tough time. дальше »
2019-2-19 04:00 | |
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SEC to Review NYSE Arca Bitwise Bitcoin ETF Proposal
Yet another journey to launch a bitcoin exchange-traded fund (ETF) has begun. According to a published notice, the U. S. Securities and Exchange Commission (SEC) has begun reviewing a proposed rule change for a bitcoin ETF filed by NYSE Arca and Bitwise. дальше »
2019-2-18 18:46 | |
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Argo Blockchain PLC Announces Business Refocus Amid Bear Market Conditions
Argo Blockchain plc, a UK-based, global data centre management firm that allows people to mine a vast array of digital currencies via its platform, has announced plans to refocus its business strategy, citing “severe price pressure and volatility” of the crypto markets, reported Investigate on February 15, 2019. дальше »
2019-2-18 14:00 | |
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Crypto Analyst Takes Bet That Bitcoin (BTC) Will Hit $1,165 Prior to $10,000
What? Bitcoin Could Hit $1,165 Before $10,000 Financial Survivalism, a Bitcoin proponent and self-proclaimed “financial revolution prepper,” recently remarked that from his point of view, BTC could fall to $1,165 in the near future, citing. дальше »
2019-2-16 06:06 | |
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Binance Removing CLOAK, MOD, SALT, SUB, and WINGS: Industry-Wide Delisting Trend
Binance announced today that it will be delisting CLOAK, MOD, SALT, SUB, and WINGS from its trading platform, citing reasons ranging from “commitment of the team to project” to “fraudulent conduct. дальше »
2019-2-16 00:27 | |
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XBT Provider Suspends Launch of Altcoins ETN Due to Crypto Market Uncertainty
XBT Provider AB, the issuer of Bitcoin and Ether exchange traded products listed on the Nasdaq stock exchange in Sweden, has announced it’s putting plans to launch altcoin products on hold, citing the current market volatility and uncertainties, reports Bloomberg on February 13, 2019. дальше »
2019-2-15 08:00 | |
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QuadrigaCX Sent Deposits Allegedly Linked to CEO’s Widow, Mailed Withdrawals in Cash
For those QuadrigaCX users who were fortunate enough to have withdrawal requests honored, some appear to have received their funds through unconventional means. An anonymous QuadrigaCX user who corresponded with Bitcoin Magazine said that they received a bank deposit from Robertson Nova Consulting Inc. дальше »
2019-2-15 20:28 | |
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SEC Commissioner Downplays Bitcoin ETF Chances in 2019 Citing ‘Arcane’ SEC Rules
CoinSpeaker SEC Commissioner Downplays Bitcoin ETF Chances in 2019 Citing ‘Arcane’ SEC Rules Crypto mom Hester Pierce says that she can speculate the timing of Bitcoin ETF arrival, but doesn't expect it to happen anytime this year. дальше »
2019-2-14 14:51 | |
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Spain’s Central Bank Warns Against Crypto Usage, Citing Lack Of Regulation
The bank wants to warn investors – and update the cryptosphere’s lexicon.
дальше »2019-2-12 21:18 | |
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Cryptocurrency is ‘Honestly Useless’: Harvard Cryptographer
Cryptocurrency is useless to anyone other than nefarious groups or individuals trying to move money without being noticed by the government. This is apparently the cutting-edge opinion of Harvard University cryptographer and technology researcher Bruce Schneier. дальше »
2019-2-9 21:30 | |
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Facebook’s Crypto Shopping Spree Isn’t Over Yet. Here’s Who Else They Might Acquire.
Facebook’s crypto ambitions are reportedly not limited to its acquisition of blockchain startup Chainspace, according to The Information. Facebook Has Met with at Least Three More Crypto Startups Citing unnamed sources, the publication said Facebook has been eyeing several blockchain startups with a view of making acquisitions. дальше »
2019-2-7 23:40 | |
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Dow Gets Lost in the ‘Fog of Brexit’ as Stock Market Craters
The U. S. stock market declined sharply on Thursday after the Bank of England (BOE) slashed its growth outlook for 2019, citing underlying risks tied to Brexit. The United Kingdom is struggling to carve out a clear exit strategy from the European Union after Members of Parliament voted to reject Theresa May’s latest Brexit deal. дальше »
2019-2-7 19:52 | |
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Blockstream Open Sources Development of Its Proof of Reserves Tool
On February 4, 2019, blockchain tech company Blockstream announced the development of a “proof of reserves” tool to standardize the authenticity of exchanges’ crypto reserves. дальше »
2019-2-7 01:01 | |
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New Insolvency Rumors Surround Bitfinex, Reports Finder
Fresh trouble could be brewing from cryptocurrency exchange Bitfinex as Finder is reporting on some unusual occurrences related to the exchange. Citing screenshots of CryptoCapital website, the intermediary which was handling Bitfinex’s banking channels most recently, Finder noted that Bitfinex had been removed from the supported exchanges list. дальше »
2019-2-5 20:34 | |
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India: Regulatory Bodies Fear Cryptocurrency’s Impact on Rupee
According to a Quartz report published February 4, 2019, the Indian government is skeptical regarding the possible implications of cryptocurrencies on the Indian Rupee, fearing that digital currencies might destabilize the national currency. дальше »
2019-2-5 02:00 | |
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QuadrigaCX Plot Thickens; Money Starts Moving Following CEO’s Death
QuadrigaCX, which was once Canada’s leading cryptocurrency exchange, has endured plenty of problems over the past year including a bank freeze, legal disputes, and other troubles. Last week, the exchange filed for creditor protection, citing “significant financial issues” as the cause. дальше »
2019-2-5 00:43 | |
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HSBC Executive Comments on True Strengths of Blockchain, Citing “Transparency and Savings”
Blockchain technology has been one of the greatest developments to come out of the introduction of cryptocurrency in the last 10 years. While there have been multiple industries that have adopted the technology to support their supply chains and record keeping, the traditional finance world stands to gain a lot from it. Speaking with French […] дальше »
2019-2-5 00:19 | |
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Breaking: Facebook Crypto Project Acquires Blockchain Startup Specializing in Smart Contracts
Facebook’s secretive crypto division has reportedly made its first acquisition, quietly onboarding most of the research team from a blockchain startup that specializes in smart contract development. дальше »
2019-2-5 23:50 | |
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Digital Gold Thesis Shows Bitcoin (BTC) Is Undervalued, Should Be At $10,000
Bitcoin Likely “Massively Undervalued,” Claims Analyst PlanB, a leading cryptocurrency-friendly researcher on Twitter that has the handle “100trillionUSD” a (likely reference to his/her long-term prediction for the market capitalization of Bitcoin), recently took to his feed to claim that at the moment, BTC could be “MASSIVELY undervalued. дальше »
2019-2-4 09:00 | |
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Wall St Exec: Expect More Crypto Exchange Shutdowns and Ragequits
The ongoing “crypto winter” would lead more cryptocurrency exchanges to their deathbeds, predicted Travis Kling. The former Wall Street portfolio manager issued his statement after Kiev-based Liqui, a cryptocurrency exchange, closed down its operations citing illiquidity. дальше »
2019-1-29 16:05 | |
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Italian Securities Watchdog Adds Togacoin to Its Crypto Scam Blacklist Citing Their ‘Revenue Calculator’
While some crypto users dislike regulators as they are often clashing with some aspects of decentralized cryptocurrencies, it is undeniable that some of them are very important for the development of the ecosystem because they chase scams and shut them down. дальше »
2019-1-28 19:56 | |
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So is Elastos (ELA) a scam or not?
Couple of days ago a bombshell article popped up calling Elastos a scam and citing 10 reasons as to why. Even though the headline of the article was very blunt and tabloidical, there was some substance in some of the points enumarated, even Elastos holders recognized that. дальше »
2019-1-28 14:09 | |
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Bitcoin Upstart Bread Cooks Up $15M Amid Crypto Winter
ConsenSys, ShapeShift, Bitmain, and Huobi are among the notable crypto upstarts that have announced layoffs in recent weeks, citing bids to extend their financial runways. However, other Bitcoin-friendly companies have bolstered their war chests through other mediums, accentuating that venture investors haven’t shirked away from this budding sector. дальше »
2019-1-27 00:00 | |
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Ripple CEO Adamant That Bitcoin (BTC) Won’t Collapse To $0
Although many bash San Francisco-based Ripple for supposedly plotting to kill Bitcoin (BTC), with Wall Street and financial incumbents no less, the firm’s C-suite head recently doubled-down on his love for the cryptocurrency. дальше »
2019-1-25 16:56 | |
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CBOE Announces Temporary Withdrawal of Its VanEck-SolidX Bitcoin ETF
CoinSpeaker CBOE Announces Temporary Withdrawal of Its VanEck-SolidX Bitcoin ETF Citing the U. S. government shutdown, the VanEck executives said that the decision to withdraw the Bitcoin ETF came as there was no one to talk around from the government. дальше »
2019-1-24 10:06 | |
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Indonesian Ride-Sharing Platform Go-Jek and Coins.ph Bitcoin Wallet Partner to Enter Philippines Market
Go-Jek has been working to enter the Philippines market for the last month but has finally discovered that they cannot be victorious, citing foreign ownership concerns as their barrier. However, the Indonesian ride-sharing platform has decided to move on to other progress, as they establish a partnership between themselves and Coins.ph. Coins.ph is a local […] дальше »
2019-1-21 17:23 | |
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Bitcoin theft victim sues AT&T for $224M after SIM-swap bungle
Nicolas Truglia, the infamous cryptocurrency con-man already arrested for stealing $1 million in digital assets, is now being sued for a further $81 million by another one of his victims. Court documents allege Truglia worked with a crew of 25 unnamed individuals to steal $24 million in cryptocurrency from Michael Terpin, an early Bitcoin investor, reports the Register. дальше »
2019-1-17 16:45 | |
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NZ Police Investigate Crypto Exchange Cryptopia Hack
New Zealand police are investigating the hack of cryptocurrency exchange Cryptopia, which resulted in “significant losses” that some estimate could amount to more than US$3.5 million. Christchurch company Cryptopia, which has been said to be operating New Zealand’s largest cryptocurrench exchange, shut down its website and exchange services on January 14 citing a security […] The post NZ Police Investigate Crypto Exchange Cryptopia Hack appeared first on Coinjournal. дальше »
2019-1-17 22:15 | |
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