About Author:
1 Confirmation with Jeff and Dave
Samantha Chang is a politics writer at BizPac Review and a financial editor. She is a law school graduate and an alum of the University of Pennsylvania. You can follow her on Twitter @Samantha_Chang.
Blockchain technology company Bitfury is serious about stamping out bitcoin scams and now has the muscle to fight it. Bitfury has hired Michael DuBose, the former head of the Computer Crime unit at the U.S. Department of Justice, to roll out its bitcoin blockchain tracking product, Crystal. DuBose said in...
Hong Kong-based cryptocurrency exchange KuCoin is putting underperforming altcoins on notice before delisting them. The move lets customers know the tokens have become too illiquid or their trading volumes have dropped below acceptable levels for continued listing on the exchange. Bolsters Transparency The action appears to be an effort to...
A San Francisco charity that accepts cryptocurrencies raised $14 million in donations, including bitcoin, ether, and ripple, to benefit the homeless in yet another sign that mainstream adoption of virtual currencies is on the rise. Crypto Superstars Attended Gala Many top Silicon Valley tech moguls and financiers attended the May...
Oscar Mayer, the hot dog company, is bringing home the bacon with the launch of its porcine cryptocurrency, the “Bacoin.” The Bacoin is “the first-ever cryptocurrency backed by the gold standard of Oscar Mayer Bacon,” the company boasted. Meet Bacoin’s Architect: Keith Sizzle “Similar to other cryptocurrencies, the value of...
Move over, USA? China may soon be the big dog on the blockchain market. China is positioning itself as the dominant player in blockchain after taking over the number one spot for the most number of blockchain patents. “This technology has the potential to have a great impact on everything...
Japan’s Financial Services Agency (FSA) is reportedly pressuring cryptocurrency exchanges to drop Dash (DASH), Monero (XMR), Zcash (ZEC), and other privacy-centric altcoins in a bid to cut down on money-laundering and cyberhacking. Sources told Forbes that altcoins such dash, monero, and zcash have become increasingly popular among criminals, kidnappers, and hackers...
Iran has developed its own blockchain-based cryptocurrency, just days after the Central Bank of Iran (CBI) banned bitcoin trading amid escalating concerns about money-laundering and bitcoin’s erratic price swings. Iran’s Bitcoin Ban Doesn’t Apply To Local Crypto Mohammad Javad Azari-Jahromi, Iran’s information, and communications technology minister said the experimental cryptocurrency...
AirSwap, a decentralized Ethereum-based cryptocurrency platform, managed more than $1 million in transactions on its first day of operations. It’s a stellar debut for a crypto upstart with a novel approach to trading. AirSwap may be the new kid on the block(chain), but the people behind it have serious crypto...
While bitcoin’s price spikes continue to generate headlines, ether (ETH), the cryptocurrency underpinning Ethereum, is set to hit a record $2,500 by the end of 2018 according to consultancy deVere. Despite being down 53 percent from its highest ever peak of $1,594.89 on January 13, 2018, independent consulting firm deVere...
A group of cryptocurrency enthusiasts is considering filing a lawsuit against Bitcoin.com owner Roger Ver, claiming he deliberately misleads novice investors by exploiting newbies’ confusion between bitcoin and Bitcoin Cash, which forked off the original cryptocurrency in August 2017. The potential class-action lawsuit is being organized by Twitter user @MoneyTrigz,...
Cryptocurrency trading for institutional investors like hedge funds and pension funds is now possible in Germany, thanks to a partnership between German securities trading bank, VPE WertpapierhandelsBank AG, and Berlin fintech company solarisBank. VPE is now the first securities trading bank to offer institutional cryptocurrency trading in Germany. “Cryptocurrencies such...
Blockchain, the technology behind bitcoin, has come to the rescue of student activists who have reportedly been censored by the Chinese government after trying to launch the #MeToo movement there. Students have repeatedly asked the government to do more to prevent rape, sexual assault and harassment in China, but their...
Daniel Masters, JPMorgan alumni who’s now the CEO of digital investment bank CoinShares, is a longtime bitcoin bull who predicts the cryptocurrency market will soar to new heights. ‘Trench Warfare’ Between Big Banks and Crypto Upstarts Masters told Bloomberg that even if only five percent of the “total financial ecosystem...
Ethereum co-founder Vitalik Buterin is reportedly worth more than $400 million, but he’s nonchalant about his vast wealth. The 24-year-old, says today’s bitcoin millionaires became rich mostly through luck, although most won’t admit it. The Difference Between Intelligence and Luck Cryptocurrency bulls like to think they’re smarter than “the masses”...
The Securities and Exchange Commission filed additional fraud charges against a third co-founder of Central Tech’s $32 million initial coin offering, which had been endorsed by boxing champion Floyd Mayweather and music producer DJ Khaled. Raymond Trapani was charged with fraud in an amended complaint filed by the SEC on...
