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DOJ Says Bitcoin Escrow Firm Bilked Investors for $7 Million
25.7.2019
U.S. prosecutors have charged the head of a bitcoin escrow company with defrauding investors for $7 million.
Venezuelan Government Accused of Using Bitcoin to Bypass US Sanctions
25.7.2019
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....
Venezuela Turned Airport Taxes Into Bitcoin to Avoid Sanctions: Report
25.7.2019
Venezuelan President Nicolás Maduro and his administration are said to be using proceeds from the airline industry – and cryptocurrency – to avoid sanctions
Craig Wright’s Wife Could Testify Under Oath in Ongoing Kleiman Trial
25.7.2019
Three witnesses including the self-defined Nakamoto's wife, biographer, and contractual overseer are called to testify
The Next Big Financial Meltdown Is Around the Corner, Many Voices Warn
25.7.2019
“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...
Ripple’s Q2 Report: XRP Up, Volume Down, Benchmark Changed
25.7.2019
Ripple, a California-based blockchain startup focusing on the banking sector, released their Q2 XRP Markets Report for this year, which shows that XRP price is up, but trading volume is down.
These are the major points delivered by Ripple’s second-quarter report:
Sales of Ripple’s native token...
‘However Long It Takes’: Zuckerberg Vows to Win Over Regulators on Libra
25.7.2019
Facebook's CEO said it will spend "however long it takes" to get regulators on board before launching Libra
Consensys Inner Conflicts Spark Legal Action Against Founder
25.7.2019
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...
FBI Suspects Insider Trading Around Long Island Iced Tea’s Blockchain Pivot
25.7.2019
The FBI is seeking evidence of insider trading relating to the 2017 blockchain pivot of Long Island Iced Tea, a warrant indicates
A Story of 1 Picture: How Blockchain Startup Accidentally Met Jack Ma
25.7.2019
Jack Ma. Source: a video screenshot, Youtube, Viva Technology
A rather unusual and amusing story happened to a Lithuania-based blockchain startup, Lympo, on Wednesday.
Apparently, the founder and chairman of a China's giant Alibaba Group, one of the China's richest men, Jack Ma, was visiting...
Crypto Loans Firms Left Thousands of Users’ Financial Data Exposed Online
25.7.2019
Crypto loans platform YouHodler left a database with millions of logs containing users' private financial data unprotected, researchers found
20 y/o Crypto Millionaire Briefed Congressional Representatives on BTC
25.7.2019
Source: Twitter, @erikfinman
Erik Finman, the twenty-year-old crypto millionaire and one of the earliest and youngest investors in Bitcoin, talked to Congressional Representatives about Bitcoin and cryptocurrencies.
Finman said in a tweet: “Today I briefed Congressional Representatives...
Bitcoin Price Retakes $10K But Remains Short of Bull Revival
25.7.2019
Bitcoin is back above $10,000, but the technical charts indicate a bull revival is still $1,000 away
Major Airline, Norwegian, Lifts Bitcoin Adoption to the Sky
25.7.2019
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...
Norwegian Air to Accept Bitcoin Through Exchange Set up By Founder
25.7.2019
Business magnate Bjørn Kjos and his family have reportedly set up a crypto exchange and plan to offer bitcoin payments at Norwegian Air Shuttle
PR: CoinLoan Welcomes Bitcoin Cash to Their List of Collateral Currencies
25.7.2019
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
25.7.2019
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...
US Investors Used Loophole to Buy Bitfinex Exchange’s LEO Tokens
25.7.2019
Bitfinex says it won't sell its LEO tokens to U.S. investors. But two such entities bought the asset via third parties
Is Bitcoin Money? Revisiting Mises’ Regression Theorem
25.7.2019
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...
New Jersey Man Indicted Over Unlicensed Bitcoin Exchange
25.7.2019
A resident of New Jersey has been charged for running an unlicensed bitcoin exchange service called Destination Bitcoin