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Bad Loans at Big British Banks Jump Over 50% in a Year
4.11.2019
Shaken by the never-ending saga around Brexit and the global slowdown, the British economy is now showing signs that point to an upcoming crisis. The U.K.’s biggest banks have been dealing with a growing number of loans companies are struggling to pay off. At the same time, low interest rates...
Cryptosteel Capsule Will Keep Your Wallet Seed Safe and Out of Sight
4.11.2019
A hollow steel cylinder despatched with 800 lettered tiles, the Cryptosteel Capsule is what it sounds like and nothing more. Assemble the letters to form your wallet’s seed phrase, thread them onto the metal dipstick and screw the capsule shut, safely entombing the key to your crown jewels...
OSC Commissioner Debunks Arguments Against Bitcoin, Green-Lights Bitcoin Fund
4.11.2019
A commissioner of the Ontario Securities Commission (OSC) has debunked the arguments against bitcoin used to deny the public offering of The Bitcoin Fund. Among others, the commissioner rules that bitcoin is neither illiquid nor more susceptible to manipulation than other commodities, real volume...
Billion Dollar Bitcoin Lawsuit Continues as Craig Wright Breaks Settlement
3.11.2019
In early September, the high-profile court case Kleiman v. Wright looked as though it was coming to an end as the two parties reached a non-binding settlement. Then on October 30, without much notice, Wright explained that he couldn’t finance the settlement and the agreement was broken....
Maker’s Stability Fee Drops to 5.5% After Multi-Collateral Dai Announcement
3.11.2019
According to the CEO of the Maker Foundation, Rune Christensen, Multi-Collateral Dai (MCD) will launch on November 18. On October 28, Maker’s stability fee was reduced by a ‘whale’ with roughly 94% of the voting power. Also Read: French Ministry of Education Publishes Bitcoin...
Satoshi ‘Nakamolto’ Emerges With Great Hair and Questionable Claims
3.11.2019
A viral video taken at a Las Vegas event has put self-claimed “Bitcoin co-founder” Jörg Molt in the spotlight this past week. A Twitter user in the space known for hair trigger accusations calls Molt a scammer in the video, and Molt proceeds to knock off the guy’s baseball...
Cred Merchant Solutions to Help Unbanked Business Sectors
3.11.2019
Cred Merchant Solutions has been unveiled in Emeryville during San Francisco Blockchain Week in an event hosting several California elected officials. The new point-of-sale system will help unbanked business sectors, such as California’s cannabis industry, accept crypto payments from...
Another Chinese Lender Bailed Out After Bank Run
3.11.2019
Yichuan Rural Commercial Bank, a lender operating in the central Henan province, has become the latest Chinese bank to be bailed out by the government this year. The small financial institution, which has around 30 branches only in the Yichuan county, experienced a bank run sparked by rumors that...
CME Group Publishes Bitcoin Options Specifications
2.11.2019
In mid-September, the foreign exchange company CME Group announced the launch of options on its bitcoin futures contracts in Q1 2020, pending regulatory review. CME Group executive Tim McCourt said there was “increasing client demand” for the firm’s bitcoin derivatives and now...
Kuverit Launches Multi Trader Marketplace
2.11.2019
To what was considered as the “dot-com bubble” in the year 2000, Blockchain technology has become as sensationalised and disruptive as the internet was in the late 1990s.Even though the technology is still in its infancy stage, individuals and corporate bodies are already leveraging on it to expand...
23 Central Banks Divulge Their Digital Currency Requirements
2.11.2019
Twenty-three leading central banks participated in an in-depth survey on their digital currency developments and requirements, including fungibility, convertibility, and availability. They also discussed the timeframe for issuing consumer-ready central bank digital currencies and divulged their...
Andrew Yang’s ‘Freedom Dividend’ Is Not Only Unnecessary, It’s Unethical
2.11.2019
Andrew Yang has taken to Twitter in dynamic fashion as of late, advertising his universal basic income (UBI) proposal known as the “Freedom Dividend.” While throwing money at people out of pocket always generates a buzz, there’s a mathematically and ethically broken side to...
Trusted Friends Can Become Crypto Custodians With the Vault12 Platform
2.11.2019
A firm called Vault12 launched its new passkey security solution for cryptocurrency assets. Vault12 is an application that allows people to enlist their trusted friends and family members to help safeguard their assets. According to the project’s creators, the new application leverages...
Blockchain Conference TNABC Returns to Miami
1.11.2019
On January 16-17, The North American Bitcoin Conference (TNABC) and Miami Blockchain Week are returning to the sunshine state as 2020 sets in motion. TNABC, celebrating its seventh year running, will feature prominent speakers, crypto developers, and blockchain executives during the event hosted...
French Ministry of Education Publishes Bitcoin Resource Guide for Educators
1.11.2019
As digital currencies transform the world, concepts like Bitcoin continue to percolate into academic courses and higher education worldwide. The French Ministry of National Education’s recently published economics and social sciences resource guide for teachers discusses cryptographic money...
ACIF – Asia Crypto Investment Forum Joins Thailand Blockchain Week
1.11.2019
ACIF, Asia Crypto Investment Forum hosted by Hashcube, will hold its first meetup at The InterContinental Bangkok, as part of Blockchain Thailand Week, to discuss the future of crypto investments.
The post ACIF – Asia Crypto Investment Forum Joins Thailand Blockchain Week appeared first...
Crypto Traders Rush to Revamp Their Security After Bitmex Dox
1.11.2019
The world’s largest crypto derivatives exchange Bitmex has accidentally doxed tens of thousands of its users. An email newsletter concerning forthcoming updates to Bitmex indices CC’d a large proportion of the company’s mailing list, exposing the addresses of its users to...
GlobalBitcoinsPro.com Enables Offline BCH Cash Trades
1.11.2019
After the devastating news of the removal of offline cash trades and the new vigorous and intrusive KYC policy from popular P2P Exchange Platform the community needed an alternative. We’re happy to announce the arrival of GlobalBitcoinsPro.com which has been created to revive the community.
The...
ECB President: ’We Should Be Happier to Have a Job Than to Have Our Savings Protected’
1.11.2019
Newly installed European Central Bank President Christine Lagarde made controversial remarks in a recent statement prior to assuming her new role. The former IMF Managing Director implored: “isn’t it true that ultimately we have done the right thing to act in favour of jobs and...
Video: Will Bitcoin Crash or Double in Price After the Halving? Miners Have Their Say
1.11.2019
Will the price of bitcoin double or crash during the upcoming halving next year? And how will the mining industry adapt to their revenue stream being cut in half over night? See what professional miners from around the world have to say on the matter. Also Read: US, EU and UK Companies Can Now...