The Philippines Department of Finance warns people that Bitcoin Revolution uses government officials’ names to spread fake news endorsing their business. Another Filipino finance entity issued a warning against the alleged crypto Ponzi scheme Bitcoin Revolution, accusing them of impersonating the country’s president, as well as its finance and treasury officials. According to the Department […]
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Bitcoin is flashing some bullish signals as volatility is expected to pick up over the next few days. The current economic environment has made it difficult for pension funds to sustain their expected rate of return. The U.S. Federal Reserve has continued along the path of cutting rates to zero and it seems likely to […]
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Users are even eligible for up to $50 in bonuses. Cryptocurrency exchange ByBit now lets its users exchange over 20 fiat currencies for cryptocurrency. According to an announcement shared with Cointelegraph on June 22, ByBit users can trade their U.S. dollars, Australian dollars, Canadian dollars, euros, Singapore dollars, British pounds sterling and many others for […]
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A study by Scamwatch suggests cryptocurrency scams are a real threat in Australia. Australians filed 1,810 reports of cryptocurrency-related scams in 2019, collectively totaling more than $21.6 million AU ($14.9 million USD). According to a study by Scamwatch, an arm of the Australian Competition and Consumer Commission, younger Australians aged 25 to 34 were those […]
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Binance has a new system for helping miners automatically mine the most profitable coins. Shortly after the launch of its own cryptocurrency mining pool, Binance is adding specialized features to it to help miners make more money. Earlier this month, Binance Pool launched a new feature called “Smart Pool.” It lets miners automatically switch hash […]
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The New York-based cryptocurrency exchange announced it had raised $6 million in a seed funding round led by a former board member of Skype. Cryptocurrency exchange CrossTower announced on June 22 it had raised $6 million in a new seed funding round led by Gerard Lopez, a former board member of WIX and Skype. According […]
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The U.K.’s Financial Conduct Authority is urging all crypto businesses operating in the country to submit their applications by June 30 to make it for the 2021 deadline. The United Kingdom’s Financial Conduct Authority, or FCA, on Monday urged all national cryptocurrency businesses to submit their registration with the regulatory watchdog. According to the FCA’s […]
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Nassim Taleb, university professor and author of Black Swan, thinks Bitcoin is a good idea but most investors can’t understand its nuances. Nassim Taleb, author of “Skin in the Game”, got into a small Twitter feud in which he explained that most investors can’t understand the nuances of a cryptocurrency like Bitcoin. According to a […]
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John McAfee’s controversial Ghost distributed exchange, which promises anonymity, is now live. John McAfee’s controversial Ghost distributed exchange is now live, the cryptocurrency advocate announced on Twitter over the weekend. The Ghost distributed exchange is related to McAfee’s privacy project Ghost, a Proof of Stake privacy coin intended for more anonymous transactions. McAfee clarified on […]
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Investor Jim Rogers thinks Bitcoin is still in a bubble and the cryptocurrency will eventually go to zero and disappear. The investment guru who said Bitcoin was in a bubble as early as 2017 recently speculated that all cryptocurrencies will be gone eventually. In an interview with the Asahi publication AERA dot on June 19, […]
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