Yesterday, The European Central Bank released a statement named, “Bitcoin not the answer to a cashless society.” They expressed that next week 20 policymakers would sit down and take a look at Bitcoin and the other cryptocurrencies as they recognize that non-cash payments have doubled, as of late. The European central bank labeled bitcoin and…
It’s no puzzler that unregulated cryptocurrencies make cryptocurrency scams easier for hackers to develop techniques and schemes for looting the general public. The market has recently witnessed huge losses after hackers had stolen almost $900 million from Coincheck, Bitconnect and BitGrail exchanges. Initial Coin Offerings also provide an easy path for scammers to generate funds in the…
Encouraged by country leaders and banks, major advertising companies have been banning cryptocurrency related-ads on their platform due to the uncertainty surrounding scams and illicit activities using crypto. Facebook already implemented its ban, and now Google will ban cryptocurrency ads on its platform, the company announced today. Based on the company press release, this will be effective…
Companies that get involved in blockchain see increases in stock. We see this happening all over the place, but why? First, let’s take a look at some of the companies seeing this stock increase, then we’ll dig a little deeper into the why. The most recent company to benefit from blockchain involvement is Riot Blockchain…
What’s causing Ripple (XRP), Stellar (XLM), and NEO to drop? Ripple (XRP) Ripple is currently selling for $0.751391, which puts the coin down 4.10% in the past 24 hours. Source: CoinMarketCapXRP dipped several hours ago, and from here it looks like Ripple may dip further. Yesterday, it was announced that Ripple would be going to…
The Bank of International Settlements (BIS) – or the central banks’ central bank – has warned global central banks they could endanger the stability of the financial system if they create their own digital currency in a bid to quash competition from established cryptocurrencies like Bitcoin and Ethereum. In its Committee on Payments and Market…
Last week, I had the pleasure of interviewing HybridBlock’s co-Founder, Apolo Ohno, in an exclusive interview about his project.
Bitcoin (BTC) and other digital currencies continue to make wild swings which are caused by several unanswered questions that market forces have yet to respond to. Divided market opinion between the market pundits and business magnates over the future fundamentals are adding to bearish sentiments. This is because bitcoin and other digital currencies are making…
As we slide into yet another tax season, taxpayers should be cautioned that the Internal Revenue Service (IRS) is beginning 2018 on an aggressive note. Under the leadership of John D. “Don” Fort, new Chief of the IRS’ Criminal Investigation Division (CI or CID), the IRS is prioritizing the implementation of two new programs: the…
Have you ever used LocalBitcoins? If so, you’re going to love LocalEthereum. There are only a few options out there if you want to buy and sell coins. The most popular one – using coin Exchanges, comes with a risk as you have to rely on the services of a trusted third party. In fact,…
