Former U.S. Fed chair Janet Yellen, who featured in the well-known ‘Buy Bitcoin’ Senate committee hearing last year, remains highly critical of crypto. Bitcoin is “anything but” a useful store of value, former U.S. Federal Reserve chair Janet Yellen stated in a speech Monday, Canadian financial news outlet Kitco reported Oct. 29. Speaking during an […]
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A U.S. citizen has pled guilty before a federal court to operating an unlicensed money transmitting business, in connection with his peer-to-peer Bitcoin sales. A U.S. citizen has pled guilty before a federal court to operating an “unlicensed money transmitting business” via LocalBitcoins.com, according to a Department of Justice (DoJ) press release published Oct. 29. […]
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The U.K.’s Financial Conduct Authority has said it will consider whether to ban the sale of cryptocurrency-based derivatives, citing the risks of amplified investment losses. The U.K.’s Financial Conduct Authority (FCA) has said it will consider whether to ban the sale of cryptocurrency-based derivatives, the Financial Times (FT) reported Oct. 29. Unlike crypto spot market […]
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sponsored The exchange will be operating in “full compliance with the principles of Islamic finance.” A Shariah Advisory Board to decide which coins will be listed. The ADAB Solutions project, based in the United Arab Emirates, is planning to launch FICE — the First Islamic Crypto Exchange which will be operating “according to the […]
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MacOS users installing crypto price monitoring app fell victim to trojan, researcher finds. Cybersecurity publications were sounding the alarm over cryptocurrency malware again Monday, Oct. 29 after a Malwarebytes forum user reported a price monitoring app for macOS was a trojan. Confirmed in a blog post by the cybersecurity software developer, community member 1vladimir reported […]
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Hacked Japanese cryptocurrency exchange Coincheck continues to reboot itself following a multimillion-dollar hack in January. Monex Group, the Japanese internet broker that purchased hacked cryptocurrency exchange Coincheck, announced it had reopened new account signups and limited trading in a statement Tuesday, Oct. 30. The latest phase of a step-by-step reboot of Coincheck, Monex added users […]
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Bitcoin “Patient Zero” Wences Casares suggested that Bitcoin is an “intellectual experiment” that could take years to succeed if it does not fail. Bitcoin “Patient Zero” Wences Casares, the founder of Bitcoin (BTC) wallet startup Xapo, said that the seminal cryptocurrency may take years to prove successful, in an interview with Bloomberg Oct. 29. In […]
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A recent survey by Clovr shows that nearly 60 percent of Americans believe that crypto should be treated like fiat currency in political elections. A new survey by blockchain-oriented research firm Clovr showed that 60 percent of respondents think that cryptocurrency should be treated like fiat currency in political elections. In the course of its […]
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The EEA, a blockchain standard-building organization, has released a new set of specifications to provide standards for developers. The Ethereum Enterprise Alliance (EEA) has released a new set of specifications in an effort to provide standards for developers using private iterations of the Ethereum Blockchain, according to statements shared with Cointelegraph. At DevCon4 today in […]
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Berkshire Hathaway has been investing in FinTech since early 2018. The investment company is owned by Warren Buffett, a top investor and influencer. Therefore, their moves in FinTech may signal a market shift in that direction. They’ve already invested hundreds of millions of dollars in just a few months. According to The Wall Street Journal, […]
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