Crypto news

Was Jeffrey Epstein into cryptocurrency? The alleged criminal made headlines several weeks ago when it was discovered he had committed suicide in his jail cell, but news is emerging that he may have contributed funds to MIT’s Media Lab and its Digital Currency Initiative (DCI). As a result, the Lab’s director Joichi Ito has resigned his position. Ito Out at MITThe DCI was developed roughly four years ago. Following the fall of Mt. Gox in Japan, bitcoin was incurring the worst bear period of...

Another day, another case of extortion involving bitcoin. | Source: Shutterstock The website of a Florida-based car parts dealer is currently out of service after a hacker hijacked the domain name and shuttered its hosting provider’s account to ransom it for Bitcoin. Per legal documents and a ransom note that was produced in court where the victim obtained a temporary order preventing the domain name from being transferred from its current host, the domain name of XPort Auto Parts Inc,...

Watford FC, a major English football club that finished 11th in the Premier League in the 2018-19 season, will be featuring the bitcoin logo every week for millions of football fans. Watford FC Chairman and CEO Scott Duxbury stated: Placing the Bitcoin logo on a Premier League shirt is something that challenges the accepted norm. Mainstream exposure for bitcoin Watford is said to be placing the bitcoin logo on the shirt sleeve of the official Watford FC football jersey as a part of its...

After months of regulatory scrutiny, VanEck-SolidX launched a limited version of its Bitcoin ETF last week. Not having the SEC approval to launch a full-fledged Bitcoin ETF, VanEck planned the limited ETF launch to prove that there’s actually some demand for this investment product in the market.However, it looks like VanEck hasn’t succeeded enough to make an impact in the market. Popular crypto analyst and commentator Alex Krüger recently released some data showing that the VanEck Limited...

It seems that France decided to go rigorous on Facebook’s Libra by entirely blocking the development of it. When Facebook announced their Libra project in June this year, they called it a “global currency and financial infrastructure powered by a version of blockchain – the technology that underpins Bitcoin”.However, a lot of governments were really against even the idea and France was the harshest of them all. French Finance Minister Bruno Le Maire then called out on Libra saying it...

Binance Coin has plummeted this week, decreasing by 4.37% to reach the current price at $20.55. This also caused BNB to drop beneath the lower range support at the $20.71 level, which could cause BNB to head toward $18. Binance Coin has been suffering over the past 30 days, dropping by a precipitous 29% and marking a decrease of 36% in the past 3 months.Today’s decline comes as Binance restricted US-based citizens to trade on their made platform starting today, September 12th. While users...

Zhou Xiaochuan, former governor of the People’s Bank of China (PBoC), gave a speech related to cryptocurrencies at the 10th-anniversary celebration of Senior Finance at the Shanghai Jiaotong University. During this speech, he mentioned that the Central Bank was about to issue a legal digital currency and more than one month after the announcement of this Digital Currency/Electronics Payment (DC/EP), news spread quite wildly.Recently, Mu Changchun, the Deputy Director of Payments and...

Photo: Peloton / TwitterMaker of stationary bikes Peloton finally revealed some more info of the company’s plan to go public. The fitness startup famous for their on-demand workout programs on exercise bikes, announced they are planning to raise $1.33 billion in an initial public offering (IPO).Peloton filed to become a public company in August and now, according to a Securities and Exchange Commission filing, they plan to offer 46 million shares at a price range between $26 and $29 per...

The guys at Binance have decided to make things work this time. Their partnership with Paxos Trust is finally going to pay off due to the launch of the token BUSD which is now expected to be listed on the Binance platform next week, as the official press release reads.This was announced today by the Chief Financial Officer of Binance Wei Zhou and the Co-founder and CEO Asia of Paxos Trust Company Richard Teo at the Invest Asia event in Singapore. Wei Zhou excited at the news said:“Launching a...

As part of an email sent to customers recently, Google has now announced that it will be closing down its online shopping platform, Google Express, sometime in the next few weeks. The functions available on the platform will now be on-boarded with a new version dubbed Google Shopping.Back in May, the company announced a new and redesigned Google Shopping platform which will include a universal shopping cart of sorts, embedded with the company’s other offerings including Images, Search and...