Danny Scott, CEO of Isle of Man-based BTC exchange CoinCorner, said that Bitcoin is no longer desirable option criminals. Gary Davis was sentenced to 6.5 years in prison for helping manage the now-defunct darknet marketplace Silk Road. The 31-year-old Irish man, who was extradited to the United States, had served as Silk Road forum moderator […]
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The final installment of the cryptocurrency payment is allegedly stuck in escrow, with the deadline two months past. BitTorrent creator Bram Cohen has added to controversy swirling around Tron CEO Justin Sun by claiming he did not fully pay him for the streaming platform. Bram Cohen says last payment for BitTorrent still in escrow In […]
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California-based crypto wallet service Abra will restrict U.S. users from holding EOS and other altcoins in August. California-based crypto wallet service Abra will restrict some services for American users starting from August. Abra will have to enforce some system modifications due to continued regulatory uncertainty in the United States, according to a blog post on […]
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Online brokerage Monex Group Inc., owner of the hacked Japanese crypto exchange Coincheck, plans to join the Facebook Libra cryptocurrency project. Online brokerage Monex Group Inc., owner of the hacked Japanese crypto exchange Coincheck, plans to join the Facebook Libra cryptocurrency project. A report from Cointelegraph Japan today, July 26, reveals that Monex Group’s CEO […]
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Sources offer increasingly different outlook for Bitcoin price by 2020, with technical analysts more bearish. Bitcoin (BTC) price fell below $10,000 again on July 26 amid mixed conclusions about where markets are likely to go this year. Market visualization. Source: Coin360 Bitcoin price headed to $7,000 or $20,000? Data from Coin360 showed renewed selling pressure […]
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The infamous pro-Bitcoin personality had just walked free from an alleged four days’ confinement. Bitcoin (BTC) proponent and United States 2020 presidential candidate John McAfee reportedly reentered jail this week just a day after his release in the Dominican Republic. ‘A record I think’ Tweeting photographs of his confinement July 26, McAfee said he had […]
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Morgan Creek Digital Assets co-founder Anthony Pompliano says the European Central Bank’s expected dovish turn will be “rocket fuel” for Bitcoin price. Morgan Creek Digital Assets co-founder Anthony Pompliano says the European Central Bank (ECB)’s expected dovish turn will be “rocket fuel” for Bitcoin. In a tweet posted on July 26, Pompliano commented on a […]
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The United States Internal Revenue Service is sending letters to crypto investors to apparently scare them into accurately reporting their crypto-related income. The United States Internal Revenue Service (IRS) is sending letters to crypto investors to apparently scare them into accurately reporting their crypto-related income. ‘Don’t Panic’ According to a Forbes report by crypto tax […]
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A new study found that 83% of American investors would consider a preliminary investment in Bitcoin, as the asset becomes ever more mainstream. A new study found that 83% of American investors would consider a preliminary investment in Bitcoin, as the asset gains traction among an ever more mainstream audience. ‘Me and you and everyone […]
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Speaking to Italian journalists, Ren Zhengfei said Beijing should not wait for others to issue Libra-style tokens. The CEO of Chinese tech giant Huawei thinks that China can compete with Facebook for market share by issuing its own digital currency. Huawei CEO: ‘Why wait for others to issue it?’ As national news outlet Sina reported […]
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