Although cryptocurrency is still a relatively new innovation in the financial industry, its use is growing among Jihadist groups in the Middle East. A recent report by the JITM (MEMRI Jihad and Terrorism Threat Monitor) shows that funding terrorism with cryptocurrencies is on the rise. Crypto and Terror-Financing The long report prepared by JITM was […] [Read More...]

A security and privacy researcher from France has found a significant loophole in Moscow’s blockchain-based voting system.  As preparations for Moscow’s upcoming city council elections hit the ground running, a security and data privacy researcher has cracked the code for the city’s blockchain-based voting system within minutes of unchallenging attempts. Apparently, Pierrick Gaudry could effortlessly […] [Read More...]

The Ministry of Finance of Saudi Arabia has just issued a statement where it warns the local population about investing, trading and using virtual currencies which include cryptocurrencies as well. The MOF says that the currencies are not supported by local financial institutions and therefore are not recognized as legal tender. The MOF also mentions […] [Read More...]

It’s not long ago when Norwegian Air announced its plans of accepting Bitcoin at their airline and launching their own cryptocurrency exchange, NBX. The cryptocurrency exchange is scheduled to be launched by the end of August. While talking to E24, Norwegian Air’s former CEO, Bjørn Kjos, the person who played a major role in this […] [Read More...]

According to a recent blog post by Unchained Capital, a financial company which offers cash loans to long-term cryptocurrency holders, the long-term necessity and importance of bitcoin’s energy consumption outweighs its controversial climatic influences and environmental disruption. According to the insightful conclusions, bitcoin’s “wasteful” energy consumption is a more rational alternative in building a better […] [Read More...]

Nearly 20,000 Self-managed super funds were issued warnings by the Australian Tax Office that they were concentrating their retirement fund resources too much into one single asset. According to Australian law, every type of investment is acceptable for retirement funds as long as there is a disparity in the portfolio. What this means is that […] [Read More...]

The news of Bakkt’s September 23 launch has broken the crypto internet. The market is all green with Bitcoin alone has gained over $600 in the last 48 hours. Crypto Twitterati has welcomed the news with a shower of excited tweets.  To give you perspective, Bakkt is a bitcoin futures exchange and digital assets platform […] [Read More...]

Bitcoin and cryptocurrencies offer investors, traders, and HODLers the rare opportunity for asymmetrical gains.  A little money can turn into a lot of money quickly.  But the IRS wants its cut. You probably know by now that every purchase and sale using Bitcoin or any other altcoin is going to be taxed like a stock […] [Read More...]

Bernie Madoff whistleblower Harry Markopolos discusses his fraud allegations against General Electric Company (NYSE:GE) with CNBC’s “Squawk on the Street”. He says the company’s finances are ‘unsustainable.’ Image source: YouTube Video Screenshot Madoff whistleblower Harry Markopolos: GE is heading for bankruptcy ; Q2 hedge fund letters, conference, scoops etc Transcript You say in your report […] [Read More...]

Cryptocurrency kiosks in Nevada have been considered a great way to ensure mass adaption of cryptocurrency in the United States. However, political and regulatory moves continue to hinder cryptocurrency growth. According to the latest reports, there has been a shift in the regulatory stance of the state of Nevada on the digital currency Kiosk; now […] [Read More...]

The SEC has filed an emergency lawsuit against Reginald Middleton, Verisatium Inc., and Verisatium LLC. to prevent them from spending the money raised from their ICO. The SEC has claimed that the entire ICO which raised about $14.8 million was a scam. The people behind VERI tokens created a facade of massive proportions, while no […] [Read More...]

The South Korean tech giant has finally heard the pleas of blockchain & android fans and will be integrating support for the Bitcoin blockchain on several of its flagship devices. The devices in question are S10, S10+, S10e, and the Note10 variants. This news comes right after the tech company decided to release a blockchain […] [Read More...]

In the middle of June 2019, Facebook officially announced its cryptocurrency, Libra. However, it is not scheduled for public launch until 2020. What would this mean to consumers and businesses? Is Facebook the right platform for such powerful cryptocurrency? Would this mean global domination for Facebook? Will Libra pave the way for the majority of […] [Read More...]

An Industry body of Singapore, ACCESS is reportedly seeking public feedback on a code of practice draft for Singapore’s digital asset industry.  Singapore is among Asia’s most crypto-friendly countries. In fact, it has become the hub for various blockchain crypto startups. To promote crypto & blockchain innovation, the country has the Association of Cryptocurrency Enterprises and […] [Read More...]

Can money buy love? Many people would claim it can’t. However, a recent survey by Shepherds Friendly has suggested that money can impact a relationship significantly. TBIT / Pixabay The survey looked at relationships of people while they are “dating” or “during a relationship”, and asked questions that are sometimes referred to as “taboo”. They […] [Read More...]

Brexit impact on Bitcoin is a matter of concern because who knows where Bitcoin might end up if cases like the trade tariff feud between China and USA and the Brexit is in effect keep pushing it up. Well, yes, the news has been speculating closely around the fact that Britain will be leaving the […] [Read More...]

The California-based digital currency exchange Coinbase stops hack attack that could potentially have left the exchange with loss of billions of dollars. The said hack targetted over two hundred employees in the exchange; however, swift action allowed the exchange to overcome the hacking attack that could have caused devastating losses to the company and investors. […] [Read More...]

The beginning of the year saw Bitcoin [BTC] and altcoins deep in a bearish market as they tested their lows. The probability of their demise or rise was almost equal with them sharing similar dominance ratios. However, in less than eight months into the year, the dynamics of the cryptocurrency markets have shifted vastly. Bitcoin’s […] [Read More...]