Category: Finance

A New Bitcoin World

Funds Frozen, Account Closed: UK Banks Target Cryptocurrency Owners

In a chilling but sadly all-too-familiar sequence of events, UK banks have been targeting cryptocurrency owners. Individuals who have cashed out large amounts of cryptocurrency – legitimately – have had their assets frozen and accounts locked without warning, fueled by fears of money laundering and a general distrust of bitcoin. One victim even claims to […]

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August 17, 2018 0

Everyone in This Village Now Owns Cryptocurrency

Everyone in This Village Now Owns CryptocurrencyIn a small village in Ukraine, all residents are now owners of cryptocurrency, thanks to an initiative by the head of the village council. Cryptocurrencies, such as bitcoin and ether, can also be used in the village to purchase items such as eggs, lard, meat, and milk. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space […]

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May 5, 2018 0

Coinbase Reveals Partnership With Barclays Bank

Coinbase Reveals Partnership With Barclays BankCoinbase has revealed that it has obtained a bank account with major U.K-based multinational financial services company, Barclays. The partnership comprises the first agreement reached between a leading U.K bank and a cryptocurrency exchange. Also Read: Secretive High-Tech Wall Street Trading Firm is Now Trading Bitcoin Coinbase Opens Account With Barclays The opening of an account […]

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March 19, 2018 0

Coincheck to Start Compensating Hack Victims and Resume Operations Next Week

Coincheck to Start Compensating Hack Victims and Resume Operations Next WeekHacked Japanese exchange Coincheck is getting ready to start compensating its customers next week as it plans to resume operations. The exchange has been slapped with two business improvement orders so far by Japan’s financial regulator and may stop trading some cryptocurrencies for safety reasons. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 […]

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March 9, 2018 0

Wirex Launching Bitcoin Debit Cards in Europe

Wirex Launching Bitcoin Debit Cards in EuropeNew crypto debit cards, with multiple currency accounts in GBP, EUR, USD, and BTC are offered by Wirex in Europe. The first plastic Visa cards were issued on Thursday, according to media reports. The new cards were made available for UK users on March 8. The service should be offered to customers in other EU […]

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March 9, 2018 0

The 65 Percent Price Dip Has Made ‘Bitcoin Whales’ A lot More BTC

Last year bitcoin had a phenomenal run leading up to its all-time high of $19,600 per BTC this past mid-December. The price over the past few weeks had since dipped to a low of $5,900 on Monday, February 5, losing close to 65 percent of its value in a short period. The dip has ‘rekt’ […]

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February 12, 2018 0

‘Black Monday’ Shows Bitcoin Isn’t As ‘Dangerous’ As Regulators Claim

'Black Monday' Shows Bitcoin Isn't As 'Dangerous' As Regulators ClaimLooking at mainstream media headlines over the past few weeks shows a lot of columnists and pundits have declared that ‘bitcoin’s bubble has burst.’ They always claim that it’s much safer to invest in traditional investments like equities or the stock market while at the same time highlighting cryptocurrency’s volatile price swings. However, on Monday, […]

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February 6, 2018 0

Major British Credit Card Issuers Ban Customers From Buying Cryptocurrencies

Major British Credit Card Issuers Ban Customers From Buying CryptocurrenciesBritain’s largest banking group is banning its credit card customers from buying cryptocurrencies including bitcoin. Credit card issuers that are banning crypto transactions include the UK’s largest retail bank, Lloyds Bank, Bank of Scotland, Halifax, and MBNA. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Largest British Banking Group Banning Crypto Britain’s […]

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February 6, 2018 0

Bitcoin Futures Report Shows Bullish Sentiment Is In the Air

Bitcoin Futures Report Shows Bullish Sentiment Is In the AirBitcoin and cryptocurrency markets, in general, have been bearish during the first month of 2018 after many digital assets reached all-time price highs this past December. A lot of people have been following the correlation between the newly added bitcoin-based derivatives markets offered by Cboe and CME, alongside bitcoin spot prices over the past four […]

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January 28, 2018 0

New Research: Laundering of Illicit Funds Less than 1% of Bitcoin Transactions

Research Concludes that Laundering of Illicit Funds Constitutes Less than 1% of Bitcoin TransactionsThe Foundation for Defense of Democracies’ Center of Sanctions and Illicit Finance in conjunction with blockchain analytics company, Elliptic, has published a study seeking to track the circulations of illicit funds within the bitcoin economy from 2013 to 2016. The research concludes that the share of funds of illicit origin comprises less than one percent […]

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January 20, 2018 0