VMWare CEO Pat Gelsinger says he believes Bitcoin is bad for humanity, citing its environmental impact and purported illicit use. Pat Gelsinger, the CEO of major cloud computing and virtual machine company VMWare, has condemned Bitcoin (BTC) as being “bad for humanity.” Fortune spoke to Gelsinger about Bitcoin prior to VMWare’s annual conference in San […]
Continue Reading
A New Zealand radio host has stated that crypto promotional ads containing his likeness are not genuine. New Zealand radio personality Duncan Garner, who hosts The AM Show on MagicTalkRadio, has denied promoting Bitcoin (BTC) on Facebook. I don’t do any of that ‘coin’ Local news daily NewsHub provided a video of Garner denying his […]
Continue Reading
Physical Bitcoin futures settlement exchange CoinFlex has received $10 million in funding from Roger Ver, Polychain Capitals and other investors. Hong Kong-based cryptocurrency futures exchange CoinFlex has received $10 million through a funding round that closed last week. Recent funding and goal Asia-focused newspaper South China Morning Post (SCMP) reported the news on Aug. 26. […]
Continue Reading
Australian computer scientist Craig Wright has reportedly lost a court case due to perjury, according to a court audience member. The protracted legal battle involving self-proclaimed Bitcoin (BTC) inventor Craig Wright and the estate of computer scientist David Kleiman could go in Keiman’s favor. According to a court audience member on Aug. 26, Judge Bruce […]
Continue Reading
U.S. court cases against crypto and blockchain firms are inconclusive, but international cases appear to be showing clear support for cryptocurrency. Over the last 24 months, all major legal systems have been floundering to develop a regulatory framework that can be applied across the blockchain industry. This lack of a standard foundation has led to […]
Continue Reading
Bitcoin is in a no-man’s land. At what levels will it indicate a resumption of the uptrend? Let’s analyze the charts. Cryptocurrencies can benefit from wider adoption and many believe that with a user base of about two billion people, Facebook can speed up the process. Its Libra project has drawn sharp criticism from regulators, […]
Continue Reading
Bitcoin shopping rewards app Lolli has partnered with the major pet retail store Petco, the second largest pet store chain in the United States. Lolli, an app that provides Bitcoin (BTC) rewards to users when they shop with partner stores, has teamed up with major American pet retailer Petco. The rewards deal with Petco Lolli […]
Continue Reading
Singapore-based equity firm Makara Capital said it will not invest in Overstock’s blockchain subsidiary tZERO. Singaporean private equity firm Makara Capital said it will not invest in Overstock’s blockchain subsidiary tZERO. In an Overstock investor call on Aug. 26, Overstock’s interim CEO Jonathan Johnson said that Makara recently informed the firm that they “will be […]
Continue Reading
Two crypto-focused banks in Switzerland have received a banking and securities dealer license from the Financial Market Supervisory Authority. The Swiss Financial Market Supervisory Authority (FINMA) has reportedly granted two banking and securities dealer licences to crypto-focused banks. Two Swiss crypto-specializing firms, Seba Crypto AG and Sygnum have received banking and securities dealer licenses, the […]
Continue Reading
Experts in law, blockchain technology and crypto take on the question: Could the U.S.’s First Amendment regulate the legality of Bitcoin as free speech? There is a concept that exists in the crypto space that effectively states: Bitcoin (BTC) is code, code is speech and speech is protected under United States law. We asked legal […]
Continue Reading