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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...

Ripple’s Q2 Report: XRP Up, Volume Down, Benchmark Changed


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...

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...

A Story of 1 Picture: How Blockchain Startup Accidentally Met Jack Ma


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...

20 y/o Crypto Millionaire Briefed Congressional Representatives on BTC


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...

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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