Tag: Bitcoin

Crypto Gift Card Service Launched By Coinbase
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Crypto Gift Card Service Launched By Coinbase

Coinbase, a crypto exchange based in the United States, has officially announced the introduction of its gift card service. Creating Utility Of Digital Coins This newly introduced service, Coinbase has stated, will be able to facilitate the easy exchange of digital token for goods and services. This new platform has been supported by several retailers…

Bitcoin’s Price Finally Above $8,000
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Bitcoin’s Price Finally Above $8,000

Bitcoin’s price has broken through the $8,000 due to an exception change in its fortunes. This upturn in fortunes has seen Bitcoin’s price increase significantly in the span of two weeks, by 30 percent. Bitcoin’s Growth Unmarred By Other Digital Coins Other important digital coins such as Ethereum, Ripple, and EOS have however not followed…

The First Bank-Backed Crypto Exchange In The World Launches In Japan
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The First Bank-Backed Crypto Exchange In The World Launches In Japan

The first bank-backed crypto exchange in the world has officially gone public in Japan, after a number of delays that stalled the launch for months. The launch comes after close to two years after the initial public announcement. VCTRADE Now Active SBI Holdings, the Japanese financial giant, formally launched the Cryptocurrency exchange platform which it…

American Express To Adopt Blockchain For Payments
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American Express To Adopt Blockchain For Payments

Financial services giant American Express could be considering Blockchain technology as a possible solution to proving transactions. This is evident in a new patent filing by the financial services provider. AmEx Blockchain Patent Application A patent application by American Express, which was released last week by U.S. Patent and Trademark Office, shows that the financial…

$1.5 Billion Seized In Crypto Gambling Crackdown
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$1.5 Billion Seized In Crypto Gambling Crackdown

In their efforts to crackdown on illegal Crypto gambling related to the FIFA World Cup 2018, local authority officials in China have seized Cryptocurrencies in excess of $1.5 billion. Bitcoin, Ether, And Litecoin Accepted Xinhua, which is a media outlet run by the state, on July 11 stated that the local police force had become…

One Year Sentence For Bitcoin Maven
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One Year Sentence For Bitcoin Maven

It is a one year sentence for a local South California trader. Theresa Lynn Tetley was accused of money laundering and transmitting money without a license. She was reported, by the United States Department of Justice (DOJ), to have exchanged money to the tune of $6 million to $9.5 million for clients all over the…

YouTube Enjoined In BitConnect Class Action Lawsuit
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YouTube Enjoined In BitConnect Class Action Lawsuit

Youtube has been included in the class action lawsuit against BitConnect, the collapsed Crypto lending platform that has been accused of fraud. Class Action Lawsuit Against YouTube The lawsuit, which was filed at the Florida Southern District Court, has named YouTube as a co-defendant in the lawsuit against BitConnect. YouTube has been accused of failing…

Another Lawsuit Leveled Against Ripple
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Another Lawsuit Leveled Against Ripple

A new lawsuit has been filed against Ripple and its CEO Bradley Garlinghouse at a court in California. The plaintiff in this case David Oconer is seeking to have Ripple termed a security. He has insisted that the token should be classed as a security with respect to the way Ripple has been managing and…

Binance Creates Secure Asset Fund
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Binance Creates Secure Asset Fund

Binance is in the process of establishing a secure asset fund in a move to protect its users. Binance, which by volume is the largest Crypto exchange in the world, decided on this as a measure in response to the trading suspension and unscheduled maintenance caused by irregular trades. Secure Asset Fund for Users The…

Satoshi Nakamoto’s Tell-All Book
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Satoshi Nakamoto’s Tell-All Book

The identity of Satoshi Nakamoto, pseudonym of the Bitcoin creator, may soon be revealed in a tell-all book whose excerpts appeared on a website dubbed the NakamotoFamilyFoundation.org. The twenty-one-page excerpt was posted on the site which has been said to have been purchased a mere three days before the posting via the domain registrar of…

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