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FBI Interrogates Bitcoin Racket Mastermind Arrested by The CID in Surat, US Agency’s First Visit to India
25.7.2019
In a first, premier United States investigation agency, Federal Bureau of Investigation (FBI), landed in Surat to interrogate the Bitcoin racket mastermind Satish Kumbhani. The officers interrogated Kumbhani for the crimes committed in the US through his BitConnect, his fraud crypto company....
BlockchainIntel Partners with Dash, to Provide Compliance Intel for Crypto Exchanges
25.7.2019
Blockchain based information and analysis company BlockchainIntel has partnered with Dash platform. The partnership will assist crypto exchanges and other crypto-related businesses in terms of regulatory compliance. BlockchainIntel provides solutions for transaction monitoring. In simple words,...
John McAfee, The Famous Computer Scientist and Crypto Promoter goes Missing
24.7.2019
Famous Computer Scientist John McAfee has gone missing, as per a tweet from his account, currently being operated by one of his close associates. The tweet, posted by Rob Benedicto, claims that McAfee has been detained by authorities. https://twitter.com/officialmcafee/status/1153729707160068096...
Sorry, I Don’t Want to Pay for More Bombs: Bitcoin as a Hedge Against Funding War
23.7.2019
After nearly two decades of U.S.-led coalition bombs falling on the Middle East, peace in the region still has not been achieved. Now the United States is once again bolstering military forces, this time in Saudi Arabia. Meanwhile, taxpayers in multiple countries are being forced to pay for these...
Microsoft Settles Bribery Charges in Hungary with $25 Million Fine to Federal Government
23.7.2019
When it comes to some of the biggest companies in the world and their quest to expand into new markets, then there is always a possibility of resorting to unfair means. It can especially crop up if a country is trying to expand into new countries and having very little idea about the ways...
Google All Set to Take on Amazon with Launch of New Shopping Portal
22.7.2019
Over the past decade, Google has looked on as Amazon cornered the e-commerce market in its own inimitable way and considering the sheer size of the market, it was not going to stay away from the market for long. As a matter of fact, Amazon had even become a major threat for Google when...
Bank of America To Utilize Ripple Blockchain For Interbank Communication Application
22.7.2019
Bank of America has been among the leading holders of blockchain patents in the United States and has just registered one more. As per the new patent filing on Google Patents, BOA will use the Ripple Blockchain for a new interbank communication and settlement system. Ripple has been among the helm...
Why You Can’t Bet With Bitcoin at Online Casinos in the US
20.7.2019
Since the dawn of Bitcoin, the cryptocurrency landscape has seen a lot of digital currency gaming websites where users can wager their coins in games like poker, dice, blackjack and slots. Because public blockchains are transparent, the protocols have made online gaming provably fair. However...
States Rush to Collect Abandoned Crypto
17.7.2019
A bill has been proposed in the New York State Assembly, which would liquidate unclaimed cryptocurrency after the digital assets have been abandoned and transfer them to a state office. However, such legislation comes with many unresolved issues and unanswered questions.
An industry group,...
Experts Continue To Predict Strong Growth Despite Market Downfall After Trump’s Bitcoin Cameo
15.7.2019
Crypto market got its biggest shock in a long time when US President Donald Trump jumped into the crypto war, criticizing Bitcoin and other cryptocurrencies. He accused Bitcoin of helping anti-social activities like drug trafficking. The big guns of crypto fraternity took no time and reacted...
China Might Permit WeChat To Come Up With Cryptocurrency
14.7.2019
The impending launch of Facebook’s Libra cryptocurrency is seemingly having many implications on both economic and political fronts around the globe. Especially this development is seen with utmost interest among the business circles in China and the strained relationship with the US and...
One More Crypto Firm Wants to Provide Bitcoin Derivative Offerings in United States
13.7.2019
Investors in the US will soon be able to opt for Bitcoin derivatives from one more crypto company. trueDigital Holdings LLC, the global institutional platform based in New York for digital finance, has disclosed its plans of offering Bitcoin derivatives to the investors in the United States....
Facebook Reaches $5 Billion Settlement with the Federal Trade Commission
13.7.2019
Facebook has found itself in a whole range of problems over the past couple of years, and many of the problems struck at the very heart of its business. Other than issues related to failure to block advertisements bought by Russians in the lead up to the United States Presidential elections, there...
What Are Dollars Used for, President Trump? – The Gun Money Known as USD
12.7.2019
Donald Trump has taken to Twitter yet again, and this time he’s talking about bitcoin and the superiority of the United States dollar. Bashing lack of regulation and potential for criminal activity inherent to crypto, Trump claims the U.S. fiat will always be the strongest currency in...
100,000 Employees to be Retrained by Amazon in New Plan
12.7.2019
Amazon has grown into one of the world biggest companies with a market capitalization touching $1 trillion in a matter of around two decades, and it has managed to achieve such hyper growth due to the sort of innovation it brought into a new industry. For a company to grow at such a breakneck pace...
President Trump Jumps Into Crypto War, Says Not Big Fan of Bitcoin; Warns Facebook
12.7.2019
The tussle between the administration and Bitcoin just intensified as the world’s most powerful lawmaker, president of the United States, Donald Trump has spoken on cryptocurrencies for the first time, and the news is not pleasant for the industry. Trump has tweeted that he isn’t a fan of Bitcoin...
Federal Reserve Chairman Jerome Powell Has Compared BTC To Gold
12.7.2019
There is no doubt Bitcoin has gained popularity in the masses but the recent statement from Jerome Powell, Chairman of the Federal Reserve, has left the Bitcoin community thoroughly pleased. Powell has stated that Bitcoin is largely being utilized as a trusted alternative to the popular metal Gold....
Money and Democracy: Why You Never Get to Vote on the Most Important Part of Society
10.7.2019
It’s very odd that citizens never get to vote or have any say in regard to society’s money, even though it’s one of the most important aspects of everyday life. In fact, in developed countries, most central banks are institutions that are privatized from political interference...
Iran’s Crypto Mining Is Under The US Radar
8.7.2019
The troubled relationship between the US and Iran has now spilled over to the cryptocurrency sector. After slamming sanctions on a number of petroleum, technology, and industry products of Iran, the US is now working to come up with the legislation that will ban Iran’s access to mine...
IRS All Set To Update Its Guidance On Bitcoin In Following Weeks, States Report
8.7.2019
The Internal Revenue Service (IRS) of the United States is soon going to update its current guidance (2014) on digital currencies in the following weeks, as per the reports published by the Wall Street Journal. The move has been taken following the request from 20 lawmakers of the bipartisan group...