Crypto experts’ take on the question: Is the leading cryptocurrency, Bitcoin, really a good store of value and can we call it “digital gold”? It’s hard to tell who was the first to coin — pun intended — Bitcoin (BTC) as “digital gold,” underlining the idea that Bitcoin is a good store of value. The […]
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Danny Scott, CEO of Isle of Man-based BTC exchange CoinCorner, said that Bitcoin is no longer desirable option criminals. Gary Davis was sentenced to 6.5 years in prison for helping manage the now-defunct darknet marketplace Silk Road. The 31-year-old Irish man, who was extradited to the United States, had served as Silk Road forum moderator […]
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Facebook co-founder and CEO Mark Zuckerberg said that the company will work as long as it takes to appease regulators’ concerns over its Libra stablecoin. Facebook co-founder and CEO Mark Zuckerberg said that the company will work as long as it takes to appease regulators’ concerns over its Libra stablecoin. Zuckerberg delivered his statements during […]
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Cryptocurrency data and financial technology startup Digital Asset Data announced that it received $3.2 million in latest funding round. Cryptocurrency data and financial technology startup Digital Asset Data announced that it received $3.2 million in funding in a press release shared with Cointelegraph on July 25. A round led by Silver Lake and Glenn Hutchins […]
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The Department of Justice has indicted a New Jersey resident for failing to register his Bitcoin exchange with the U.S. Treasury. William Green, a 46-year-old New Jersey resident, was indicted by a federal grand jury on account of allegedly running an unlicensed money transmission service. The United States Department of Justice (DoJ) announced the indictment […]
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Norway’s Kjos family, co-founders of Norwegian Air, plans to add crypto payments once it launches its own exchange in August. Bitcoin (BTC) payments should be coming to Norway’s low-cost airline Norwegian Air this year, after its co-founders set a date for opening their own cryptocurrency exchange. According to local finance newspaper Dagens Næringsliv, the Kjos […]
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Bitcoin has been legally recognized as virtual property by a Chinese court not the country, though… Last week, Bitcoin (BTC) was legally recognized by a Chinese court, whereby it was concluded that the cryptocurrency should now be considered as digital property. The decision that the Hangzhou Internet Court made in a ruling was met with […]
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How blockchain would change our vision of service fees, roaming and other flies in the ointment of telecommunications. “[X-Number of] Industries Blockchain Will Disrupt” — How often do you come across articles with a headline like this? Every time, we discover new ways to implement the tech and, while being filled with inspiration, look around […]
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Etsy announced that it is acquiring Reverb Holdings, a marketplace for new, used and vintage music gear. The deal is for $275 million in cash, subject to certain adjustments. Once the transaction closes, Reverb will continue to operate as a standalone business. “Vibrant two-sided marketplaces are lightning in a bottle — there are only a […]
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