Tag Archives: Bitcoin News

Two 20-year-olds – Eric Meiggs of Brockton and Declan Harrington of Rockport – have pleaded guilty to engaging in a scheme that stole at least $500,000 in crypto funds from as many as ten different people. They are now set to be sentenced in a Boston federal court. Eric Meiggs and Declan Harrington Plead Guilty Both Meiggs and Harrington were charged in the year 2019 for running a scheme throughout the United States designed to pluck crypto assets from online accounts...

More than $3 billion in crypto funds have been stolen this year according to a new report issued by blockchain analysis firm Chainalysis. Chainalysis: Crypto Theft Has Reached a New High The crypto space is constantly in a rough spot. There are many people out there that are completely against any sort of regulation, as the crypto space was initially established to give traders and users complete financial independence. No prying eyes, no third parties, just people and...

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Mastercard is looking to bring the traditional world of banking and crypto together by making it easier for the former to get involved with the latter. The company has announced a new program that will allow banks to offer crypto trading. Mastercard: A Crypto Savior? This is huge news in that it blurs the lines between two arenas that have long been at war with each other. Traditional finance is all about getting third parties and prying eyes involved, whereas crypto is...

Copper Technologies – a crypto firm that employs former United Kingdom Chancellor Philip Hammond as its adviser – has encountered some difficulties whilst trying to operate in its home country. As a result, the company has withdrawn its application to expand in the UK. Copper Technologies Is Leaving the UK Copper had trouble when gaining approval from the financial regulator, which as we all know by now, is not particularly keen on crypto. The agency – known as the...

Blockchain platform Point Pay is creating a new project it’s calling “Launched Solutions to Navigate the Cryptocurrency Market Turbulence.” Point Pay Is Working Hard to Solve Crypto Trouble The goal is to ensure that customers have what they need to deal with the ongoing volatility and speculation of the crypto space, which has been occurring since the beginning of the year. There is no doubt that crypto, in many ways, is failing miserably, and the entire arena appears...

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Bit Nile – a diversified holding firm – has announced it’s establishing a new bitcoin-based marketplace that will utilize and leverage the power and technology of blockchain. Bit Nile Aims to Simplify Blockchain The news is good because it is testament to the strength of bitcoin and the forces behind it. As we all know by now, the crypto space has been crashing and burning since the beginning of this year. Bitcoin, for example, is the world’s number one digital currency...

Over a year ago, El Salvador made history when it declared bitcoin legal tender. This meant that many companies throughout the region were required to accept crypto payments alongside the U.S. dollar, which the country had long been dependent on, but has everything worked out in the nation’s favor? El Salvador and Bitcoin… Has It Worked? With about 16 months under its belt of using bitcoin as real, actual money, it appears El Salvador has some relatively mixed results to...