John almost dropped the phone as he fumbled the handset out his pocket, his hands trembling with a heady mix of anticipation and fear. For the seventh time in the past hour, he opened a browser tab to check the most up-to-date price of his favorite obsession: Bitcoin. A figure flashed on the screen, and … Continue reading Cryptoaddiction: The Uglier Side of Digital Currencies
The New York State Supreme Court ruled that the New York Attorney General (NYAG) has jurisdiction over the case with cryptocurrency exchange Bitfinex, regarding fraud allegations. The New York State Supreme Court ruled that the New York Attorney General (NYAG) has jurisdiction over the case with cryptocurrency exchange Bitfinex, regarding the fraud allegations. IFinex, the … Continue reading New York Supreme Court Declares NYAG has Jurisdiction over Bitfinex
Exclusive interview with Gerard Dache: Part 2 In part 2 of the interview, Gerard walked us through some of the recommended bills to the government in fostering blockchain innovation, such as the “Blockchain Promotion Act”. He then shared his views on the nature of Bitcoin and two contradictions of Facebook’s Libra. In Section 2 “Working … Continue reading Exclusive: Gerard Dache, on the Two Contradictions of Facebook Libra
The crypto market holds at least 4,000 tokens to-date. As a result, the demand for a trusted financial index by traders has been elevated to unprecedented heights. The Crypto Price Index (CPI) is anticipated to be an ideal crypto market indicator because it will include over 200 of the top traded cryptocurrencies based on market … Continue reading Crypto Price Index Predicted to Revolutionize the Cryptocurrency Market
A judge has ruled that the U.S. Department of Justice has enough evidence to move to trial against Ethereum developer Virgil Griffith. The Ethereum research scientist was arrested in Los Angeles last week and charged for allegedly aiding in the circumvention of U.S. Sanctions that have been placed on the Democratic People’s Republic of North … Continue reading Ethereum Developer Indicted for Blockchain and Crypto Expertise Sharing in North Korea
The South African Reserve Bank (SARB) is planning on introducing new regulations on cryptocurrency, which according to Kuben Naidoo, SARB deputy governor, will be fully implemented and enforced in the first quarter of 2020. The purpose of the new regulations noted in the report is to stop the citizens from using digital currency to evade … Continue reading South African Reserve Bank to Strictly Regulate Cryptocurrency in 2020
Alex is one of the founding members of Swissborg founded two years ago to open the world of finance to all. His brother and CEO Cyrus had been working in investment banking but was struck by how he was only helping the rich get richer – a position with which he was not comfortable. And … Continue reading Alex Fazel of Swissborg, on Financial Freedom, Predicting the Price of Bitcoin and Breakdancing
John McAfee, creator of the McAfee cybersecurity company has finally admitted that his famous 2017 million dollar Bitcoin price prediction was just a ruse to attract new users. Following Bitcoin’s surging bull run in 2017, which brought most of the cryptomarket along for the ride, Mcafee famously tweeted that he would stake his ‘manhood’ on … Continue reading McAfee Admits 2020 Bitcoin Million Dollar Price Prediction Was a Ruse
A recent Forbes article provides insights into what could be building up for cryptocurrencies in the upcoming year. Clear indications are driven by the prospects of improved regulation for virtual asset service providers and the halving of Bitcoin. To begin with, Alexander Schell, Executive Director of the Crypto Valley Association, expects reports of the FATF to clarify understanding … Continue reading Predictions of Rising Potential for Bitcoin and Ethereum in 2020
The Tokyo High Court has dismissed the acquittal of a 32-year-old Japanese man who had been let off the hook by the Yokohama District Court in March 2019 after being accused of unlawfully inserting a cryptocurrency mining program dubbed Coinhive. The high court reversed the previous ruling as it found him guilty of secretly inserting … Continue reading Tables Turn for Japanese Man After Being Convicted for Secretly Installing a Crypto Mining Program