Tag Archives: News

Popular Bitcoin payment processor BitPay has sealed a partnership with fiat-to-crypto payment processor Simplex, enabling users to purchase Bitcoin and other cryptocurrencies directly within the BitPay app using a credit card. They can also transfer funds, make purchases and send money to friends from a single dashboard.In providing BitPay with a fiat onramp to conduct and settle crypto transactions, Simplex has created a major on-ramp to the cryptoconomy. Over 30,000 merchants use BitPay,...

During the interview given to Erik Schatzker on the World Economic Forum in Davos, Nasdaq CEO Adena Friedman was discussing her LinkedIn post concerning ”market economy”. She was also touching the cryptocurrency sphere, saying that Bitcoin futures are a viable option and that they have an unnamed partner helping to set everything up.Two Main Reasons Nasdaq Will Consider Regarding Bitcoin FuturesAfter observing the market conditions, Nasdaq wants to bring up a viable solution that will be...

Another major partner has left the Libra project in the dust. This time, the one making a grand exit is Vodafone, an international prepaid phone carrier.Libra Is Still SufferingLibra has had a very rough history. First introduced to users in June of 2019, the project has seen its fair shares of ups and downs (more downs, at this stage) and has been the subject of widespread criticism from international leaders and U.S. regulators alike.The company has also lost several big-name supporters...

The attack on Bitcoin Gold was first spotted by James Lovejoy, a researcher from MIT Bitcoin Club.Bitcoin Gold ($BTG) was 51% attackedhttps://t.co/KxFvrsOhuO— James Lovejoy (@metalicjames) January 24, 2020The short review of the attack is already on GitHub. The review says that on January 23, and 24, the attackers have removed blocks from the BTG network. Then, they re-added them and added new transactions instead of their old ones. Why did they do that? Because such thing as pulling the...

Popular bitcoin exchange Local Bitcoin has been suspending users’ accounts.Local Bitcoin Is Acting UpMany have taken to social media to express their frustrations, while news outlets in the Middle East, Africa and Asia have also reported on the situation. It appears that these accounts belong to longtime users; people who have been serviced by the exchange for many years, and the closures are happening without any prior warnings.Have these customers violated the rules somehow? What could be...

Many of the people who are not related to cryptocurrencies are lurking on the web in a search for free Bitcoins. Numerous casinos, betting clubs, cryptocurrency hedge funds, and other websites lure people in. How do you know that the casino is working well? Where will you gather precise information about a faucet or a lottery website that promises to send you a ton of coins?Do Not Waste Your TimeDo you know one precious asset that is not gold, not fiat money, not cryptocurrency, and not a...

Alexander Vinnik has been charged with money laundering and extortion by French authorities.Vinnik Will Spend More Time Behind BarsVinnik is believed to have laundered as much as $4 billion worth of bitcoin through a now defunct cryptocurrency exchange known as e-BTC. He was later arrested in 2017 while vacationing in Greece with his family per the requests of legislators in the United States. At that time, Vinnik was facing charges in both the U.S. and Russia.At 39 years of age, Vinnik has...

The World Economic Forum has announced it’s assembling a firm of experts from both the public and the private sectors to assist in developing cryptocurrency guidance and regulation.Cryptocurrency Is Getting Global SupportThe organization will be made up of central bankers, entrepreneurs, blockchain analysts and others who will seek to utilize their knowledge of cryptocurrency trading to establish lasting legislation.Interestingly, reactions to the news have been divided, with some claiming...

Analysts are warning bitcoin traders that volatility may strike this coming week.Is Bitcoin About to Drop Further?The weekend marks the Lunar New Year in China, and celebrations are likely to occur amongst the nation’s people. Typically, this marks a period of heavy bitcoin and cryptocurrency use amongst people returning home for the holiday, but this year is a little different.China has been marred by a coronavirus outbreak for the past several days. Allegedly passed on from snakes, the...

The Blockchain Association which represents some of the biggest names in the cryptocurrency industry announced the launch of a new Market Integrity Working Group. The group is tasked with the responsibility of ensuring fairness, equity and accountability in the crypto space. It will be co-chaired by senior executives of both the well-known blockchain firm Ripple and the Coinbase crypto exchange.The new group will be headed by Rachel Nelson, the senior director and associate general at...