Co-founder of U.S. crypto exchange Coinbase Brian Armstrong confesses that Bitcoin is his first love and that the “full promise of Bitcoin is still yet to be realized.” Brian Armstrong, founder and CEO of United States cryptocurrency exchange Coinbase, has confessed that “Bitcoin is my first love” in a series of tweets commemorating the coin’s […]
Continue ReadingMorgan Stanley isn’t the only bank to have been fined recently for Anti-Money Laundering non-compliance. In 2018, barely a month passed without an official at a financial institution or government department calling on crypto to clean up its act. In the last quarter of the year alone, the United States Department of the Treasury, the […]
Continue ReadingA former senior employee at U.S. crypto exchange Coinbase has left the industry giant to join stablecoin issuer TrustToken as head of compliance. A former senior employee at United States crypto exchange Coinbase has left the industry giant to join stablecoin issuer TrustToken as head of compliance, according to the company’s official website Jan. 4. […]
Continue ReadingCrypto finance firm Circle reported a notional trade volume of $24 billion in 2018 at its over-the-counter trading desk. The over-the-counter (OTC) trading desk at cryptocurrency finance firm Circle had a notional volume of $24 billion in 2018, according to an official Medium blog post on Jan. 3. Per the statement, Circle executed 10,000 […]
Continue ReadingU.S. retailer Overstock, headed by crypto enthusiast Patrick Byrne, to pay taxes in the state of Ohio using Bitcoin. United States retailer Overstock.com has announced it will pay part of its business taxes in the state of Ohio using Bitcoin (BTC), according to an announcement on its website Jan. 3. Overstock will cover commercial activity […]
Continue ReadingToday marks ten years since the creation of the very first block on the Bitcoin blockchain. Today, Jan. 3, marks ten years since the creation of the very first block on the Bitcoin (BTC) blockchain. Known in more technical parlance as a “genesis block,” the first block on a blockchain is unique in that it […]
Continue ReadingAccording to Jameson Lopp, Bitcoin is an experiment that, if successful, could make the transition to an anarcho-capitalist society possible. Jameson Lopp — a crypto industry figure and self-proclaimed professional cypherpunk — described Bitcoin (BTC) as the first step in a broader transition to an anarcho-capitalist society. Lopp’s comments were made in an interview on […]
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Hackers have reportedly been awarded $878,000 in bug bounties by blockchain companies on vulnerability disclosure platform HackerOne this year. White hat hackers have been awarded $878,000 in bug bounties this year, technology news website TheNextWeb reports on Dec. 30. Bug bounties are a type of competition in which companies that develop software invite hackers to […]
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Mainstream newspaper Time published an article illustrating the liberating potential of Bitcoin, especially in countries with oppressive governments. Bitcoin (BTC) has a substantial liberating potential, American mainstream newspaper Time reports on Dec. 28. The aforementioned article claims that “speculation, fraud, and greed in the cryptocurrency and blockchain industry have overshadowed the real, liberating potential of […]
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Facebook is now making a stablecoin for WhatsApp, reports suggest. On Dec. 20, Bloomberg reported that Facebook is making a stablecoin for WhatsApp users. The cryptocurrency will reportedly be used for money transfers made within the messaging app and will focus on the Indian market. The move provides a curious juxtaposition for the social media […]
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