Exchange Problems Mount at Kraken and Coinbase but Bitfinex Reopens Registrations
Exchanges are regarded by many in the cryptocurrency world as a necessary evil. They provide liquidity and an on-ramp from fiat currency, but many other aspects of their service leaves a lot to desired. From onerous KYC requests to sudden withdrawal of service, nary a week goes by without major exchanges leaving customers seething. This […]
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First, Jamie Dimon of JP Morgan Chase says he regrets calling bitcoin a fraud. Now, legacy bank Goldman Sachs is formally recognizing how cryptocurrencies such as bitcoin could act as global money. 2018 might be shaping up to be the year bitcoin gets more mainstream than ever. Also read: Huge Bitcoin Conference Stops Accepting Bitcoin […]
The other day we reported on the tech giant Microsoft removing the “redeem bitcoin” option from its payments page. One of our reporters spoke with a Microsoft agent who detailed that bitcoin was no longer supported. Later in the evening on January 9, two news outlets detailed they had chatted with a Microsoft spokeswoman who […]
Jamie Dimon, chair of JP Morgan Chase, was once again asked about his thoughts on bitcoin. In a wide-ranging interview on FOX Business, Mr. Dimon was given a few of his notable quotes back to him, and asked to assess his present feelings. It appears he’s softened a little on the the world’s most popular […]
Cryptocurrency users are used to seeing more and more adoption of the instruments by companies. From time to time there are setbacks however, like Microsoft now reversing its previous bitcoin position. Also Read: Is Bitpay Bullying Other Bitcoin Wallets and Hurting Users’ Privacy? Microsoft’s About-Face on Bitcoin Technology giant Microsoft (NASDAQ:MSFT) has canceled a previous […]
There’s been a lot of talk lately about market capitalization and circulating supply. As sub-$1 altcoins have shot up in price, some new investors have been making noises about their anointed coin being worth more than bitcoin one day. What these new entrants fail to take into account is digital scarcity: the notion that assets […]
Just recently we reported on European bitcoin users having issues with their loadable bitcoin debit cards. Even though some of these businesses are having a few issues, there are many cryptocurrency debit cards available all around the world. Also read: Visa Veto Leaves Several European Cryptocurrency Cards Locked Out Since 2015 Bitcoin-Based Debit Cards Have Grown […]
Intervention by Visa spelled an end to European crypto debit cards for the majority of customers on Thursday. Around a dozen crypto companies were affected by the shutdown, which instantly wiped out their services across Europe. Issuers such as Bitwala, Tenx, Bitpay, and Xapo were left high and dry after a Visa subsidiary stopped processing […]
Over the past few months, cryptocurrency exchanges across the globe have been swamped with new customers looking to trade or acquire digital assets. Trading platforms have been having a hard time keeping up with the new registrants. Users are complaining that identity verifications are now required and take weeks to process, while some exchanges are […]
The first issue of Venezuela’s national cryptocurrency has been ordered by President Nicolás Maduro. He has also called for the first national meeting of the petro’s miners where he will release the whitepaper for the new currency. Also read: Venezuela Unveils Mining, Trading, and Launch Details of National Cryptocurrency 100 Million Petros Incoming On Friday Venezuela’s […]
