Bitcoin Not Dead, Again: Washington Post Gets Schooled

Bitcoin Not Dead, Again: Washington Post Gets Schooled

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Castle Island Ventures partner and cofounder of Coinmetrics.io, Nic Carter, has had quite enough. Made crazy by mainstream media misunderstanding, ignorance, and downright falsehoods regarding cryptocurrencies, he took to Medium, making the case for why Bitcoin is not dead, again. Also read: Report: 15,000 Twitter Crypto Scam Giveaway Bots “Bitcoin is Still a Total Disaster”…

SEC Fines and Permanently Bars Founder of Fraudulent Oil Exploration Token

SEC Fines and Permanently Bars Founder of Fraudulent Oil Exploration Token

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The U.S. Securities and Exchange Commission (SEC) has taken action against an oil and gas exploration company and its founder who “perpetrated a fraudulent initial coin offering (ICO) to fund oil exploration and drilling in California.” The token sale failed to raise money but the tokens were issued as part of a bounty program, which…

Markets Update: Bloody Crypto-Markets Suffer More Losses

Markets Update: Bloody Crypto-Markets Suffer More Losses

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Leading up until this Tuesday a great majority of cryptocurrency markets have lost considerable value over the past few days. Since our last markets update this past Saturday, the overall cryptocurrency capitalization as a whole has dropped significantly by losing $20 billion USD. All eyes will surely be fixed on digital asset charts this week…

Malta Tops Exchange-Based Crypto Trade, Russia Leads in OTC Volume

Malta Tops Exchange-Based Crypto Trade, Russia Leads in OTC Volume

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Jurisdictions with crypto-friendly legislation or comprehensive regulations in place are leading in terms of exchange-based cryptocurrency trading. According to a new study, however, over the counter and P2P exchange is much more popular in developing nations and countries where non-cash payments are still not widely spread. Also read: Crypto Funds Number 466 Despite Trends, Uncertainty…

Swiss Banks Are Onboarding Crypto Clients and Assets

Swiss Banks Are Onboarding Crypto Clients and Assets

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Another Swiss private bank has announced in a statement that it’s open to on-board cryptocurrencies. Maerki Baumann private bank in Zurich is open to accepting assets that were generated with cryptocurrencies, “under the condition that strict regulatory and legal requirements are fully complied with,” Managing Director Stephan Zwahlen told news.Bitcoin.com. Also read: Many Swiss Bankers and Financial…

Need Cold Storage? Check Out Bitcoin.com’s Revamped Paper Wallet Generator

Need Cold Storage? Check Out Bitcoin.com’s Revamped Paper Wallet Generator

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There are many ways to store bitcoin cash, and while some people use mobile apps, others use hardware wallets to store their digital assets. Then there are those who use one of the oldest methods in the book — the paper wallet. The tried and true paper wallet technique is a convenient way to store…

Bithumb Resumes Deposit and Withdrawal Services – Upbit Reveals 127% Cash Reserves

Bithumb Resumes Deposit and Withdrawal Services – Upbit Reveals 127% Cash Reserves

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South Korean exchange Bithumb has resumed deposit and withdrawal services for a number of cryptocurrencies after the recent hack. Another major Korean exchange, Upbit, has released an audit report showing more crypto and cash reserves than needed to pay customers. Meanwhile, all customer deposits at Korbit will now be held by a bank. Also read: Yahoo!…

Japan Labor Ministry Confused as Crypto Salaries Demand Increased

Japan Labor Ministry Confused as Crypto Salaries Demand Increased

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Japan’s Labor Ministry is not hiding its confusion as the Tokyo Metropolitan Government and venture companies requested a deregulation of the Labor Standard Act. Japan has respected the “salaries in cash” principle for 70 years under the Labor Standard Act, however with the proliferation of digital money and salaries paid in cryptocurrencies, withdrawing money from…

Binance Labs Announces Partnership With Libra Credit

Binance Labs Announces Partnership With Libra Credit

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Binance Labs, the investment wing of the leading cryptocurrency exchange, Binance, has announced that it has invested in Libra Credit – “a decentralized digital asset financial services platform.” The partnership will allow holders of Binance’s native token, Binance Coin (BNB), to use their BNB as collateral for loans in crypto of fiat currency. Also Read: Pantera…

What Volatility? How Facebook's Historic Loss Became Crypto's Gain

What Volatility? How Facebook's Historic Loss Became Crypto's Gain

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Facebook had a bad day in the market this week – and the crypto community quickly pounced.