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Top 5 Reasons Why Bitcoin Gambling is on the Rise
Traditional casino games require players to place real money bets with fiat currency. On the surface, you may be wondering what all the fuss is about? If you’re prepared to gamble, you must be prepared to win or lose, so what difference does it make whether you are using fiduciary currency or cryptocurrency? Players beg […] The post Top 5 Reasons Why Bitcoin Gambling is on the Rise appeared first on ZyCrypto. дальше »
2019-5-12 23:16 | |
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Op Ed: Understanding the Latest FinCEN Guidance for Cryptocurrencies
On May 9, 2019, the Financial Crimes Enforcement Network (FinCEN), issued new “interpretive guidance” about how its regulations apply to businesses that conduct money transmissions in virtual currencies. дальше »
2019-5-11 21:34 | |
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$44 Million Binance Hackers Shuffle Seven Crypto Wallets with Stolen Bitcoin
By CCN: Hackers who stole $44M from Binance are busy shifting the 7,074 bitcoin to seven wallets as they work to convert their bounty to fiat. Eagle-eyed analysts at London-based research team, Coinfirm, are tracking the stolen bitcoins, and have found the hackers have now spread them across seven digital wallet addresses. дальше »
2019-5-10 15:22 | |
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Americans Can Now Move Their Money Into Bitcoin From Thousands of US Banks
Earlier this year, Abra launched its non-custodial Bitcoin-backed global investment app to democratize investing in stocks, bonds, EFTs, and cryptocurrencies. Now it’s stepping up a gear, making it easier for users to move money to and from their banks to crypto. дальше »
2019-5-10 11:30 | |
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Currency.com Launches Tokenized Government Bonds
Currency. com, a blockchain-based platform that claims to be the world’s first regulated tokenized securities exchange, announced the launch of the crypto version of the Belarusian government bonds and interested investors can now purchase the financial instrument with bitcoin (BTC), ether (ETH) and the fiat standard, according to Fintech Finance report on May 7, 2019. дальше »
2019-5-10 11:00 | |
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Renewed Market Growth Has Sparked Demand for Crypto-Backed Loans
With cryptocurrency markets back to life, hodling sounds like a smart strategy once again. Cryptocurrency owners are now more likely to pledge coins to borrow fiat if they need it, rather than sell their appreciating digital assets. дальше »
2019-5-10 05:31 | |
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Bitcoin is Better! Aussie Bank Note Typo Highlights Inferiority of Fiat
The Reserve Bank of Australia has spent most of the day wiping proverbial egg off its face today as it emerged that the latest run of A$50 notes it has printed has a rather embarrassing typo on them. дальше »
2019-5-10 00:00 | |
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Eight People Apprehended in Spain For Crypto Money Laundering Scheme
Despite how transparent Bitcoin is, people still keep using it for crimes. Eight people were arrested in Spain recently for an alleged money laundering scheme which was said to involve cryptocurrencies, according to the Europol. дальше »
2019-5-9 00:35 | |
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Crypto exchange CODEX opens fiat gateway for the Ukrainian market
CryptoNinjas CODEX, an Estonian licensed crypto exchange, today announced the company has decided to deploy a fiat gateway for the Ukrainian market, allowing Ukrainians to buy or sell cryptocurrency via UAH. дальше »
2019-5-8 15:25 | |
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Aussie Digital Launches ICO Backed By Revolutionary Retail Platform That Will Accept Cryptocurrency & Fiat
Aussie Digital is ready to change the Ecommerce landscape and shake up the status quo set by blockbuster names such as Amazon and eBay. Unlike other platforms, Aussie Digital’s plethora of retailers will accept Crypto & Fiat as payment for all kinds of goods and services. дальше »
2019-5-8 13:12 | |
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Top 5 Stablecoins to look out for in 2019
“Stablecoins” emerged as in 2014 in the form of Tether [USDT], a token launched on the Bitcoin blockchain backed by alleged reserves of US dollars. USDT “peg” tokens to fiat dollars. The concept was simple: Tether Limited would safeguard funds spent to buy USDT. дальше »
2019-5-8 13:00 | |
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Bitfinex “Bank Run”, Users Can’t Withdraw FIAT – Is The Collapse Coming?
Several users have posted about being unable to withdraw their funds from the platform, and not ever receiving their… The post Bitfinex “Bank Run”, Users Can’t Withdraw FIAT – Is The Collapse Coming? appeared first on Invest In Blockchain. дальше »
2019-5-8 10:15 | |
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Official Strategic Partnership: OceanEx and Koi Compliance
San Francisco – OceanEx is excited to announce our strategic partnership with Koi Compliance. Our partnership with Koi aims to elevate OceanEx’s AML compliance to the highest standards in the industry while increasing the service and options available to our customers. дальше »
2019-5-7 14:46 | |
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‘Shut Down Cryptocurrencies’ Says Joseph Stiglitz As Fiat Markets Tumble
Two of the world’s most infamous Bitcoin naysayers hit the headlines for the wrong reasons yet again May 6 amid global financial market turmoil. Stiglitz: Crypto Attention ‘Disturbed Me’ As stocks plummeted on the back of fresh threats of a US-China trade war, Joseph Stiglitz, the former World Bank head who has recently become known for his distaste for cryptocurrency, said the whole phenomenon “should be shut down. дальше »
2019-5-6 20:00 | |
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Digibyte (DGB) could be a big winner if investigations into Tether reveal market threatening manipulation
A few weeks ago, it emerged that the U. S was investigating Bitfinex, for supposedly using Tether to cover up an $850 million hole. This brought back the never-ending issue of Tether and its fiat backing. дальше »
2019-5-6 12:05 | |
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Don’t get Excited about Court’s Show Cause Order in Bitfinex-Tether Case
According to the latest revelations, as of April 30, the USDT stablecoin is only about 74 percent backed by fiat equivalent, stated issuer’s general counsel. On Tuesday, Tether’s general counsel Stuart Hoegner wrote in an affidavit that the company behind USDT holds about $2. дальше »
2019-5-4 02:15 | |
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Bitcoin marketcap rockets past $100 billion: will $6,400 confirm bull market?
In the past 24 hours, the bitcoin price spiked from around $5,374 to $5,778 on regulated fiat crypto exchanges like Coinbase in the U. S. , surging past $5,800 in several other markets. The 5 percent upside movement of bitcoin led the market capitalization of the dominant crypto asset to surpass the monumental $100 billion mark. дальше »
2019-5-4 22:15 | |
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Bitcoin is Not a Replacement for Gold’s Near $8 Trillion Market Cap, Says World Gold Council
It is well-known that blockchain is a very destructive technology, and crypto, by its very nature, is set up to compete with and possibly overtake fiat currency at some point in the future and this was made obvious when a viral campaign called #dropgold hit the internet, which was backed up by Grayscale Investment. The […] дальше »
2019-5-3 18:17 | |
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Facebook is developing a fiat-backed stablecoin payment system
While details have remained scarce, Facebook’s plans to create its own cryptocurrency have not exactly been secret. But with its latest announcement, Facebook looks to be developing its own stablecoin-backed payment system, The Wall Street Journal reports. дальше »
2019-5-3 11:00 | |
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Bitspark’s blockchain money transfer web platform goes live
CryptoNinjas Bitspark, a blockchain powered money transfer ecosystem, has announced the live launch of the beta version of its new web platform enabling people to easily deposit cash, cryptocurrency or via bank transfer and exchange money using stablecoins in eight major national fiat currencies (USD, GBP, SGD,. дальше »
2019-5-3 07:53 | |
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iCE3X Crypto Exchange In South Africa Adds Support For Ripple (XRP) With ZAR Trading Pair
South Africa’s iCE3X Crypto Exchange Adds Support For XRP The iCE3X digital trading platform has announced support for Ripple’s XRP token. This means that users can now trade XRP against Bitcoin as well as the local fiat currency, the South African Rand (ZAR). дальше »
2019-5-3 22:40 | |
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Filings Reveal that Only 74 Percent of USDT Is Backed by Short-Term Liquid Funds
According to a Bloomberg report published April 30, 2019, only 74 percent of Tether’s USDT stablecoin is backed by fiat and other short-term liquid assets. The Trouble Runs Deep In an affidavit filed with the Supreme Court of State of New York on April 30, 2019, Tether’s general counsel Stuart Hoegner stated that the companyRead MoreRead More. дальше »
2019-5-2 11:48 | |
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Breaking: ISIS Used Bitcoin to Fund Horrific Sri Lanka Easter Bombings, Research Claims
By CCN. com: Bitcoin played a role in staging the Easter Sunday suicide bombing in Sri Lanka that killed 253 civilians, according to Israeli blockchain intelligence firm Whitestream. The agency revealed that the ISIS used Canada-based payment gateway CoinPayments to convert bitcoins to fiat money. дальше »
2019-5-2 11:02 | |
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“Bye Gold, Buy Bitcoin”: Grayscale Urges Investors to Drop Gold for BTC
Grayscale Investments is weighing in on the gold versus bitcoin debate. Its two sats? Drop the bars, buy the bits (and the dip). The Digital Currency Group off-shoot has launched a “Drop Gold” campaign that encourages investors to ditch the old asset for its digital counterpart, bitcoin. дальше »
2019-5-2 23:21 | |
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Tether and Bitfinex confirm USDT is not fully backed by fiat, only 74% of tethers backed with cash
Legal representatives for Bitfinex and Tether confirm the widely held suspicion that USDT is not one-to-one backed by US dollars. Court documents confirm tethers are only 74 percent backed, and those holding tokens are “subject to the risk of default, insolvency, inability to collect, and illiquidity. дальше »
2019-5-1 02:56 | |
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“Holders Are Not at Risk”: Bitfinex Lawyer Responds to NY Attorney General
Bitfinex and Tether’s legal counsel has written a response to the New York Attorney General’s (NYAG) ex parte order, which claims that Bitifinex used Tether’s reserves to cover some $850 million in losses. дальше »
2019-5-1 01:22 | |
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Crypto Community Reacts to Tether Admitting USDT Not Fully Backed
According to the company behind it, stablecoin USDT is not fully backed by fiat currency deposits. It was revealed today that the controversial crypto asset firm Tether only holds around 74 percent of the total value of USDT’s current circulating supply. дальше »
2019-5-1 00:00 | |
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Tether Stablecoin Only Has 74% of USDT Backed by Cash and Fiat Equivalents, Says Legal Counsel
Tether has been experiencing some major negative attention lately after rumors started circulating about how the stablecoin is actually backed. However, it looks like Tether’s general counsel is coming out of the woodwork with a little more honesty, as he has confirmed that there is 74% of the stablecoin’s liquidity that is backed by fiat […] дальше »
2019-5-1 22:03 | |
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Venezuela Pro-Bitcoin Opposition May Use Maduro’s Sanctioned Funds To Oust Him
Bitcoin adoption crucible Venezuela could end up using its own sanctioned funds to topple the government if plans go ahead for an “army” of foreign mercenaries. Sources: Plans For ‘5000 Mercenaries’ As Reuters reported on April 30, Erik Prince, founder of the notorious private security contractor Blackwater, allegedly wants to use fiat currency locked up by foreign governments to finance an ongoing backlash against Nicolas Maduro’s regime. дальше »
2019-5-1 22:00 | |
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Report: Tether USDT Only 74 Percent Backed by Fiat
Tether, the company behind the USDT stablecoin, has released a document detailing its fiat holding to support the currency. According to the report, prepared and issued by the company’s lawyers, Tether only has cash reserves. дальше »
2019-5-1 21:19 | |
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Tether Not Fully Backed
In an affidavit containing the subheading "Tether Holders Are Not at Risk,” Stuart Hoegner, a lawyer representing Tether, admits that the company only has the fiat reserves to back about 74 percent of its coins. дальше »
2019-5-1 21:04 | |
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Bitcoin (BTC) – a new gold
The first cryptocurrency is often criticized in terms of technical characteristics. But in fact, it turns out that it is Bitcoin that reaches the level of world fiat money and even the level of a reserve or protective asset – such as gold. дальше »
2019-4-30 18:00 | |
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Bitcoin [BTC]: Venezuela transacts record number of BTC trades as Petro fails to get support
Venezuela’s economy has been under constant strain for a while now as the country’s fiat currency continues to plummet in valuation. A massive hyperinflation rate of 2 million percent crippled the country to its core and according to reports, the situation might get worse as the rate is expected to reach 8 million percent by […] The post Bitcoin [BTC]: Venezuela transacts record number of BTC trades as Petro fails to get support appeared first on AMBCrypto. дальше »
2019-4-30 17:30 | |
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Report: Australians Lost Over $4 Million to Crypto Scams in 2018
The latest edition of “Targeting scams,” an annual report released by the Australian Competition and Consumer Commission (ACCC) revealed that the country saw a 190 percent increase in cryptocurrency scams, with a total of $6. дальше »
2019-4-30 20:07 | |
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Venezuela Bitcoin Trading Record Underscores Fiat Currency Hyperinflation
Venezuela transacted more hyperinflated bolivars for bitcoins than ever before last week — but actual Bitcoin (BTC) volumes still decreased. Hyperinflation Bites Bitcoin Traders Data from monitoring resource Coin. дальше »
2019-4-29 17:00 | |
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NEO Token Payment Now Available in Stores Via Apple and Samsung Pay
NEO Smart Economy has partnered with Zeux to allow people to use the cryptocurrency when paying for goods and services via Apple and Samsung Pay. Zeux is a Fintech company that allows users to convert their cryptocurrencies to fiat and pay for products and services. дальше »
2019-4-29 15:19 | |
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Paxos is All Set to Issue $100 Million of PAX Stablecoins on Ontology Blockchain
Coinspeaker Paxos is All Set to Issue $100 Million of PAX Stablecoins on Ontology BlockchainPaxos Standard (PAX) stablecoin is to become available on the Ontology’s blockchain network in May to facilitate fiat transactions. дальше »
2019-4-29 13:34 | |
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Australian Crypto Scams Jump 190% in 2018, Still a Fraction of $500 Million Fiat Bust
By CCN. com: While 2018 was a tough year for cryptocurrency enthusiasts with the persistent bearish market conditions, it was a bumper period for scammers in Australia. According to the Australian Competition and Consumer Commission (ACCC), the use of cryptocurrencies in scams surged by 190 percent year-on-year. дальше »
2019-4-29 12:17 | |
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Fundstrat’s Tom Lee: Devaluation of Fiat Currencies Causing Bitcoin On-Chain Volume to Take Off
We have already seen how the fiat currencies around the world, be it Argentina’s peso, Venezuelan Bolivar or Turkish Lira, are failing as a currency. Countries all over the world are being run over by rising inflation and dropping value of their money, along with slowing economy and political unrest. It isn’t surprising South America […] дальше »
2019-4-28 20:40 | |
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This Awful Bitcoin Stat Guarantees It’s Not Crypto’s Future: Mathematician
By CCN: With all the hype about blockchains and their many uses, we shouldn’t forget the original purpose for the Bitcoin blockchain and Nakamoto’s great leap forward. Blockchains and cryptocurrencies were created to be decentralized currencies, replacing or complementing fiat currencies. дальше »
2019-4-28 17:00 | |
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Bitcoin (BTC) Skyrocketing Against Argentine Peso as Top Cryptocurrency’s Inflation Model Prevails
Bitcoin continues to leave fiat currencies behind in the dust. Record-high inflation, a weakening currency, and slowing growth are beating Argentina like many other countries. This is where a peer-to-peer network of Bitcoin presents an alternative that is in limited supply and is deflationary. дальше »
2019-4-26 19:09 | |
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Final Frontier and Bitfury Launch Regulated Bitcoin Mining Fund
Following approval from European authorities, Swiss investment firm Final Frontier is partnering with Bitfury Group to launch a regulated bitcoin mining fund for personal and institutional investors. дальше »
2019-4-26 19:00 | |
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IMF Cautions Against Cash and Fiat Savings in Light of Negative Interest Rates Proposals
It seems that it is a good time to be a crypto enthusiast. The International Monetary Fund (IMF) has recently decided to “declare war” on cash after it has proposed negative interest rates. If you want to preserve your wealth, it seems like it is the time to invest in cryptos. According to Weiss Ratings, […] дальше »
2019-4-25 01:58 | |
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New Oracle and Finextra Report Details How Crypto Assets Can Prevail in the Corporate Banking World
The world of traditional finance has long been apprehensive about cryptocurrency entering their space, fearing that the market could become strong enough to be a contender for fiat currency. Lately, as NewsBTC reports, fintech companies have been increasing on a consistent basis, slowly surpassing corporate banks. дальше »
2019-4-25 01:38 | |
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New Stablecoin Launches By TrustToken, Pegged To Australian Dollar (AUD), Dubbed TrueAUD
New Stablecoin Launched By TrustToken, Pegged To AUD In a market that is filled with volatility, many institutional investors are becoming more comfortable with cryptocurrency through the use of stablecoins. дальше »
2019-4-25 23:44 | |
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