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Survey: 18 Percent of Americans Will Invest in Facebook’s Cryptocurrency

May 17, 2019 by Mohammad Musharraf at Adoption, Altcoins, Commentary, News

A small scale survey conducted by LendEDU found that seven percent of Americans had previously invested in digital currencies while 18 percent of them showed interest in investing in Facebook’s cryptocurrency. The detailed results were published on LendEDU’s official website on May 16, 2019. Investors Trust in the Facebook Brand...

Blockchains that Neglect their Social Contracts Will Likely Fail

May 16, 2019 by Liam J Kelly at Blockchain, Commentary

It’s likely that there won’t be one blockchain to rule them all, and betting on which handful will survive is sure to have a huge bounty for whoever guesses correctly. Thus, establishing a metric instead of blindly throwing money at the top ten projects on CoinMarketCap has in itself become...

Ron Paul wearing a boxing glove ready to fight

Ex-Congressman Condemns Rep. Brad Sherman’s Harsh Crypto Stance

May 15, 2019 by Ogwu Osaemezu Emmanuel at Adoption, Bitcoin, Commentary, News

Ronald Ernest Paul, a retired United States politician who contested for presidency in 1988, 2008 and 2012, has condemned the draconian stance of Rep.Brad Sherman towards bitcoin and other digital assets. Paul has also advised the U.S. government to stop interfering in the matters of blockchain-based virtual currencies, reports Yahoo...

Crypto Spring: $8,000 Bitcoin and Consensus 2019

May 14, 2019 by Liam J Kelly at Bitcoin, Blockchain, Commentary, Event Coverage

As Bitcoin moved within $100 of $8,000, many cited the “Consensus effect.” Each year, for the past few, at least, the price of the pioneer cryptocurrency has often jumped a few hundred dollars during the week of the three-day event. As the space appears to be stepping out of a...

Barclays Explores Cryptocurrency Trading Desk Despite Denying Interest

Investment Opportunities still Abound in Digital Asset Space

May 12, 2019 by Liam J Kelly at Adoption, Blockchain, Commentary, Development, Finance, Investment

In 2013, when Genesis Capital first began asking investors to buy a then $80 bitcoin, the line of conversation often ended with an abrupt no. “Nine times out of ten, they would just hang up the phone,” said Michael Moro, CEO of Genesis Trading and Genesis Trading. Now, as the...

Laptop with the Words Censored Written across the Screen

Is Europe Regulating the Internet to the Point of Censorship?

May 8, 2019 by Neil at Business, Commentary, News, Regulation

Many governments around the world are increasingly concerned about the growing power and influence of technology companies, but none of them seem to be taking action the same way as Europe. However, some wonder whether European regulations are excessive in its attempt to check the power of these corporations, as...

Radio Receivers Connected by Blockchains

FCC Considers Using Blockchain for Dynamic Tracking and Recording of the Wireless Spectrum

May 7, 2019 by Mohammad Musharraf at Adoption, Blockchain, Commentary, News

Owing to the rapid increase in wireless devices, the U.S. regulator Federal Communications Commission (FCC) is considering blockchain technology as a means to track, record, and monitor the use of radio wave spectrums, reported IT and Financing magazine ComputerWorld on May 6, 2019. Radio Wave Management Process Ripe for Disruption...

Person on a Phone with a Red Bitcoin Screen

New York Police Warn Citizens of Cryptocurrency Phone Scams

May 3, 2019 by Anthonia Isichei at Bitcoin, Commentary, Crime, News

In New York, Bitcoin scammers are impersonating Social Security Administrators. A report by The Next Web reveals the New York Police Department (NYPD) sent out a warning to the public, alerting them to fraudsters who call and ask for payment in bank wire transfers, bitcoin (BTC), and prepaid gift cards. “Just Hang...

Slack Discloses in SEC Filings That it’s a Target for Malicious Attacks

April 30, 2019 by Aisshwarya Tiwari at Business, Commentary, Cybersecurity, Investment, News, Regulation

Ahead of one of the most anticipated initial public offerings (IPOs) of 2019, Slack Technologies Inc. in its filings with the US Securities and Exchange Commission (SEC), warned investors that it’s a prime target for nation-scale hacking groups. This according to a report by Motherboard, published April 26, 2019. A...

Revolut Attempts to Wash the Sins amidst Increasing Controversy

April 30, 2019 by Mohammad Musharraf at Business, Commentary, Development, News

Backed by leaked internal messages, Revolut’s senior staff has been accused of attacking critics for speaking against them while job applicants complained about the company demanding them to fulfill requirements such as getting ten users to sign-up on their platform to qualify for the job, WIRED reported April 29, 2019....

Built Over Brave, Gab’s Browser Plans to Use Bitcoin Instead of BAT

April 30, 2019 by Mohammad Musharraf at Adoption, Altcoins, Bitcoin, Commentary, News

Gab is using Brave’s open source code to build its browser, Dissenter, and plans to integrate Bitcoin's Lightning Network and replace BAT tokens, reported Decrypt Media, April 25, 2019. Brave CEO Not Impressed by Dissenter The free-speech social media platform Gab has been blocked out from almost all payment processors...

Man in an E*Trade Suit Looking through Binoculars

Report: American Trading Platform E*Trade to Offer Crypto Trading Services

April 29, 2019 by Aisshwarya Tiwari at Adoption, Commentary, Finance, News, Regulation

New York-based financial assets trading platform E*Trade is poised to offer cryptocurrency trading services, sources told Bloomberg, April 27, 2019. E*Trade to Make Entry into Volatile Crypto Industry Per sources in the know of the matter, E*Trade will begin its operations by offering bitcoin (BTC) and ether-based crypto (ETH) products....

Binance CFO Skeptical of Facebook’s Cryptocurrency

April 26, 2019 by Mohammad Musharraf at Altcoins, Business, Commentary

The CFO of one of the world’s largest cryptocurrency exchanges, Binance, Wei Zhou, told Yahoo Finance UK on April 26, 2019, that he suspects that Facebook is building a closed cryptocurrency ecosystem that will “wall off other people from coming into it.” Facebook Defies Crypto Ethos Facebook’s plan to launch...

Person Giving a How To Guide for Avoiding Scams

MFSA Warns Investors against Crypto Scams, Issues Guide to Identify Them

April 26, 2019 by Mohammad Musharraf at Business, Commentary, Crime, Regulation

Following the numerous warnings previously issued in 2019, the Malta Financial Services Authority (MFSA) released an easy-to-read guide addressing the risks associated with cryptocurrency investments and warning the public against crypto-asset scams, media house Times of Malta reported on April 25, 2019. Don’t Fall for Clickbait and Unrealistic Returns While...

NYAG Accuses Bitfinex and Tether of Mishandling Client Funds; Crypto Market Tanks

April 26, 2019 by Aisshwarya Tiwari at Altcoins, Business, Commentary, News

The New York Attorney General (NYAG) Office on April 25, 2019, published a document alleging cryptocurrency Bitfinex and its popular dollar-backed stable coin Tether (USDT) of colluding to cover $850 million loss in client and corporate funds. Bitfinex and Tether Accused of Misappropriating Client Funds The crypto industry has been...

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