Photo: Wikimedia CommonsI have big hopes for Christine Lagarde following her appointment as the new head of the European Central Bank. And here’s why (Warning: libertarian crypto enthusiasts should look away now).A company I co-founded held Bitcoin in the now-infamous Mt. Gox exchange. You may remember that back in 2013-14 it was the world’s leading Bitcoin exchange handling over 70% of all transactions worldwide. But in February 2014 things went horribly wrong as Mt. Gox suspended trading...
Read More »Stellar (XLM) Dumps Nearly 10% As FOMO Rears Its Ugly Head
Stellar (XLM) explodes amid news that the company burned more than half of its coins in circulation. Tuesday’s gains were quickly wiped out as the smart money took the chance to dump their positions. Nevertheless, the cryptocurrency looks attractive in the long-term time frame. In technical analysis, there’s an adage that goes, “buy the rumor; sell the news.” We’re seeing this nugget of wisdom in play out in Stellar (XLM). On Monday, the Stellar Development Foundation announced that...
Read More »Uber Stock Tumbles as Company Reports over $1 Billion in Losses
Apart from the popularity of its ride-hailing services, Uber is also very well-known as a market player all over the world and especially in the finance sphere for its continuous and rising loss over the years. Recently the company announced a report for its just-ended 3rd quarter which surpassed estimates predicted by financial analysts. However, Uber’s stock (now it’s trading at approximately $31) still lost up to 5% as the company still announced that it had lost well more than $1...
Read More »SatoshiLabs Unveils Improved Tool for Convenient Passwordless Logins
We at SatoshiLabs continue addressing the needs of our end users by expanding to address the entire security environment, so that we can give people the tools they need to independently manage and protect their data. Now the Trezor environment includes better protection for convenient, secure logins.At a time when over 8.5 billion accounts have been compromised for both companies and individuals alike worldwide, SatoshiLabs is taking steps to protect our users by combining the FIDO2...
Read More »Popular Bitcoin Time-Travelling Reddit Post Was Mysteriously Edited
Some think it’s interesting while others consider it spooky but regardless of whether or not there’s a general consensus, everyone agrees that there’s something interesting or fishy happening on Reddit. A very ominous post published a few years ago has now been edited by an unknown user and edited that’s generally supposed to be impossible.Six years ago, a Redditor simply going by u/Luka_Magnotta, published on the Bitcoin subreddit r/Bitcoin, what is probably the most gloomy Bitcoin future...
Read More »Leitlinien für die digitale Finanzwelt
Welche innovativen Geschäftsmodelle ermöglicht die Tokenisierung von Rechten und Gütern über die Blockchain? Wo liegen Effizienzgewinne für Unternehmen und Chancen für Privatanleger? Und wie lassen sich Kryptowährungen und Token als digitale Assets angemessen regulieren? Das waren nur einige der Fragen, zu denen sich die über 100 Teilnehmer der regulatorischen Konferenz „Finpulse“ der Börse Stuttgart austauschten. „Die Blockchain ermöglicht es, bestehende Finanzprodukte in die...
Read More »France to Include Bitcoin Literacy in High School Curriculum
High school students in France will have an opportunity to gain basic knowledge of workings of blockchain and virtual currencies in the framework of their everyday studies.The French education ministry, Le Ministère de l’Éducation Nationale, is said to include Bitcoin and cryptocurrencies in the high school syllabus. Such a move is expected to help students understand the benefits of decentralized currency and its influence on mainstream financial systems.Bitcoin will be added to Economics...
Read More »Bitcoin Scam: Akademiker fordern neue Disziplin „Ethik für die Blockchain“
Auch mit der Einführung der Blockchain-Technologie sind, wie bei sonstigen Risikotechnologien – sei es Bio-, Nuklear- oder auch KI-Technologie – diverse, ungeklärte ethische Fragen verbunden. Bitcoin selber ist kein Betrug, aber viele dubiose Gestalten nutzen die Unwissenheit der Menschen über diese neue Technologie für ihre zwielichtigen Angebote aus. Das soll jetzt aufhören: So forderte ein Zusammenschluss von Wirtschaftswissenschaftlern, Juristen und Wissenschaftlern...
Read More »Ripple Labs Expands RippleNet as the First Vietnamese TPBank Joins It
Ripple Labs Inc. has already started making inroads in the financial space in Asia as sources indicate that TPBank based in Vietnam is the first financial institution in the country to join the blockchain payments network. RippleNet allows international remittances to take place in mere minutes rather than in days unlike traditional networks such as SWIFT and at much less cost as well.This was stated on the bank’s website which indicated the bank’s first foray into blockchain technology and...
Read More »Huobi US to Rival Binance.US as Huobi Global Planning to Freeze Accounts of U.S. Residents
Most crypto exchanges have for some time now had challenges operating within the United States. On the other hand, most of the countries in Asia and Europe have taken an initiative of offering straight forward legislation outlining how to conduct any business in the crypto space. But, the U.S. has dropped far much behind in that arena.Currently, there is no definite framework outlining running businesses and tax payments. Interestingly, there is not even any assurance by the government to...
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