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 […]
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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 […]
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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, […]
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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 […]
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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 […]
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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 […]
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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 […]
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Luno CEO Marcus Swanepoel says that most of its users aren’t using Bitcoin to transact but for investment and speculation. Marcus Swanepoel, CEO of cryptocurrency exchange Luno, says that most of its users use Bitcoin (BTC) as an instrument for investing and speculating. Transacting, however, comprises a small share of the cryptocurrency’s use cases, he […]
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The precious metal has gained 27.5% since Grayscale rebranded its website urging investors to dump gold for Bitcoin. The Grayscale Bitcoin Trust (GBTC) told investors to ditch gold for Bitcoin (BTC) just before the precious metal surged. A case of bad timing for Grayscale That was the latest observation from RT host and Bitcoin bull, […]
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A new partnership is eyeing the creation of a blockchain-based identity system to improve financial inclusion in Buenos Aires. A new partnership between a development bank, a nongovernmental organization (NGO) and a tech corporation is eyeing the creation of a blockchain-based identity system to improve financial inclusion in Buenos Aires. IDB Lab (the Innovation Laboratory […]
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