The benefits of a currency which bypasses restrictions on saving means those saddled with inflationary debt can free themselves, argues hedge fund executive. Bitcoin (BTC) has the ability to bring the world’s population out of debt thanks to its ability to allow consumers to save without permission. That was according to Misir Mahmudov, the author […]
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Data from SEC filings show 10 million shares go for $9 each, in an offering less than a quarter of its planned size prior to Credit Suisse pulling out. Bitcoin (BTC) mining giant Canaan Creative has raised $90 million in its initial public offering (IPO) — over 75% less than expected. According to Bloomberg, which […]
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BaFin has issued a cease-and-desist order to Karatbit Foundation to immediately stop unauthorized e-money business in Germany based on the issuance of the KaratGoldCoin. The German Federal Financial Supervisory Authority (BaFin) has issued a cease and desist order to Karatbit Foundation to immediately stop unauthorized business in Germany. BaFin alleges that Karatbit Foundation is issuing […]
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Cryptocurrency exchange Bittrex will give frozen holdings back to its Iranian users, which the exchange suspended in 2017 due to the requirements of U.S. regulators. Crypto exchange Bittrex will give frozen holdings back to its Iranian users, which the exchange suspended two years ago due to the requirements of United States’ regulators. Bittrex’s Iran-based users […]
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New documentation shows 2019 is still negative overall for the Bitcoin mining company, which beat competitors to the IPO crown. Bitcoin (BTC) mining giant Canaan Creative has seen almost $100 million in revenue this year but remains over $30 million in the red. According to an amendment form submitted on Nov. 5 as part of […]
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CipherTrace’s support for BNB and Binance Chain will not affect Binancians’ security and data protection, Binance COO Samuel Lim says. American blockchain security firm CipherTrace will provide Anti-Money Laundering (AML) controls for Binance Chain and its native asset Binance Coin (BNB). CipherTrace to increase AML checks on Binance Chain Binance Chain, a public blockchain of […]
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The latest court documents reveal that Craig Wright, the self-proclaimed Bitcoin creator, cannot finance a settlement in the court case filed by David Kleinman. The latest court documents in the David Kleinman versus Craig Wright case filed on Nov. 1 reveal that Wright — the self-proclaimed Bitcoin (BTC) creator Satoshi Nakamoto — informed the plaintiff […]
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A look at the history of the mysterious firm Crypto Capital and its ties to Bitfinex as court cases brew. Over the past week, news broke detailing that Oz Yosef, an executive of the mysterious firm Crypto Capital, has been indicted by the United States for conspiracy to commit bank fraud and conspiracy to operate […]
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The last week was the third most lively for Argentine peso markets on Localbitcoins, as the national currency continues its devaluation against the U.S. dollar. Argentina is back on the radar for Bitcoin (BTC) proponents after sudden capital controls cut U.S. dollar purchasing power by 98%. Central bank: $200 limit “temporary” As news outlets reported, […]
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In a historic appearance before a U.S. House committee, the Facebook CEO didn’t say too much new about Libra. On Oct. 23, Mark Zuckerberg, founder and CEO of social media platform Facebook, appeared before the U.S. House Financial Services Committee to testify on the prospective global cryptocurrency Libra, which his company is backing. He ended […]
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