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Bank Of America Show That Bitcoin Transfers Are 6000 x Cheaper Than Their Own

The Bank of America have released data that shows how Bitcoin transfers equate to around 6000 times cheaper than the traditional transfer of FIAT currencies at the banks own standard rates. Many do argue that Bitcoin transactions carry a ridiculous expense, however with these findings in mind, Bitcoin is still proving to be a far superior alternative to FIAT currencies. дальше »

2018-9-21 20:00


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Top 6 Cryptocurrencies With the Highest Payment Transaction Volume – 2018 Week 40 Edition

Determining the value of a particular cryptocurrency can be done in many different ways. Looking at the overall transaction count is one option, although not all transfers pertain to payments. New data by CoinMetrics and OnChainFX shows the following currencies generate the most payments per 24 hours as of right now. дальше »

2018-9-21 19:00


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Europol: Terrorists Still Use Banks, Fail To Abuse Cryptocurrencies

A new assessment by Europol this week reveals a growing schism between the use of cryptocurrencies by terrorists and other criminals. No European Terrorist Attacks Leveraged Crypto Funds In its Internet Organized Crime Threat Assessment (IOCTA), the organization highlights that while the use of Bitcoin in particular by cybercriminals is growing, terrorists still prefer conventional money transfer methods — banks and wire transfers. дальше »

2018-9-21 00:00


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Bank of America Charges Clients 6000 Times More in Fees Than Bitcoin

While Bitcoin critics claim the cryptocurrency is too expensive to use for transactions, data from Bank of America (BoA) shows traditional fiat transfers cost 6000 times as much. $90K Transfer: $45 With A Bank, 75 Cent With Bitcoin BoA, along with other domestic US institutions, makes use of the Federal Reserve’s money transfer network FedWire, which charges them a maximum of 83 cents to process a payment. дальше »

2018-9-20 00:00


Bitcoin is 300 Times Cheaper Than Wire Transfers, Banks Take 83% Profit

Since 2017, so-called “experts” in the finance sector have criticized Bitcoin for being too expensive. Yet, banks are pocketing 83 percent profit on every wire transfer. According to Bank of America’s official data, the $302 billion bank charges $30 for outbound domestic wire transfer and $35 for outbound international wire sent in foreign currency. дальше »

2018-9-19 16:00


Magnify ICO

The Magnify project provides an opportunity to increase the security of your funds. Magnify Wallet stores your crypto currency and allows you to carry out transfers and make payments without having you to open private keys each time (every time you use a private key, it can be compromised). дальше »

2018-9-3 14:33


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How Coinbase Intends to Lure Institutional Investors into the Crypto Market

This week, Wired published a unique insight into the security system employed by Coinbase to lure institutional investors into the crypto space. In July, Coinbase, the world’s largest cryptocurrency exchange and brokerage, announced the formal launch of Coinbase Custody, a custodian solution designed to facilitate large transfers of capital from the traditional finance sector into […] дальше »

2018-8-31 18:00


The New Crypto Cashback Card, Made Of Metal, For The Trend Conscious

What’s more fly than walking into a shop and paying for your produce with a cryptocurrency debit card, made entirely of metal. Nothing, that’s what. Is this a look into the future? Nope, this is now, introducing the new Revolut, all metal cash card, complete with free international money transfers, cryptocurrency purchasing and even cash back. дальше »

2018-8-22 12:30


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Ripple Adds Exchanges to xRapid Platform to Bolster XRP Ecosystem

On August 16, 2018, San Francisco-based blockchain startup Ripple announced the addition of three crypto exchanges as preferred partners to its flagship cross-border payments product xRapid. Ripple’s XRP has long been criticized as a token with zero utility; however, the new partnership with crypto exchanges is a step forward in developing a healthy XRP ecosystem. дальше »

2018-8-20 06:00


Thai Bitcoin Scandal Implicates Stock Exchange and Staff at 3 Banks

Staff at three Thai banks and an investor in the Stock Exchange of Thailand (SET) are among the people implicated in a mega bitcoin scandal, local media reported on August 16. According to the Thai police, several bank employees failed to report huge transfers to the country’s Anti-Money Laundering Office, a violation of the country’s […] дальше »

2018-8-18 16:00