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Venezuelan Government Accused of Using Bitcoin to Bypass US Sanctions


Nicolás Maduro and the United Socialist Party of Venezuela have been accused of circumventing financial blockades imposed by the U.S. government. According to local reports, Maduro’s regime evades sanctions with cryptocurrency alongside an airline application called Jetman Pay....

The Next Big Financial Meltdown Is Around the Corner, Many Voices Warn


“The economy is looking great,” how many times have they told you that? And why do you usually hear it when you are late on a mortgage payment or during a downsizing purge at your company? Relying on your senses is always a safer bet than trusting the wishful thinking of those...

Dash Has Outpaced Bitcoin On Latin American Exchange, Claims Cryptobuyer CEO


Dash is one of the leading privacy-focused cryptocurrency, a genre which is expected to grow in popularity as regulators across the globe are tightening their grip on normal digital currencies. However, one can hardly imagine it beating Bitcoin in the future, near and far! However, Cryptobuyer...

Consensys Inner Conflicts Spark Legal Action Against Founder


Ethereum cofounder Joseph Lubin was recently summoned to court in New York when a former employee initiated a lawsuit for more than $13 million. According to the summons stemming from former Token Foundry CEO, Harrison Hines, relief was being sought for alleged unpaid profits, fraud, unjust...

Bitcoin Vs. Ripple: Both Coins are Escalating above Baseline as of Today


Bitcoin price was initially seen trading at the lower value of $9575 on 24th July at 04:26 UTC. The value increased by 3.59% on the same day at 15:09 UTC with a trading value of $9916.15. In the next one hour at 16:18 UTC, the value dropped by 3.7% with trading value at $9536.44. Today … The...

Major Airline, Norwegian, Lifts Bitcoin Adoption to the Sky


Source: iStock/Björn Forenius The low-cost carrier and one of the biggest airlines in Europe, Norwegian, will allow its passengers to pay for tickets in cryptocurrency, including the most popular one, bitcoin, but also to trade on the airline’s very own crypto exchange. Only customers living...

PR: CoinLoan Welcomes Bitcoin Cash to Their List of Collateral Currencies


CoinLoan is among the first to offer loans secured by Bitcoin Cash As we mentioned in our previous updates, new assets are about to join CoinLoan’s list of cryptocurrencies soon. CoinLoan keeps its promises, and today, we pride ourselves on adding a new collateral currency to the CoinLoan platform...

Bitcoin and Altcoins Rebound But Facing Uphill Task


This week, we saw a downside extension in bitcoin and altcoins. BTC/USD broke the USD 10,000 and USD 9,800 support levels. However, the USD 9,500 level acted as a decent support, resulting in the start of an upside correction. The price gained nearly 5% in the past three sessions and even settled...

Is Bitcoin Money? Revisiting Mises’ Regression Theorem


Over 100 years after the publication of Austrian economist Ludwig von Mises’ “The Theory of Money and Credit,” the ideas outlined therein are still sparking hot debate. Namely, what is known as Mises’ Regression Theorem, which claims that in order for something to be money...

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