Tag: Bitcoin

Coinbase Seeking Bitcoin ETF
News

Coinbase Seeking Bitcoin ETF

Coinbase has joined the list of entities looking to launch an ETF (Exchange-Traded Fund). The crypto exchange has engaged BlackRock for assistance in the initiative going by statements made to the Business Insider by anonymous sources. BlackRock, which is the custodian of assets worth over $6 trillion, has been in the forefront pioneering other ETFs…

Square Announces Doubled Q2 Revenues
News

Square Announces Doubled Q2 Revenues

Square, a mobile payments firm, has announced its 2018 second quarter financial results, reporting that is has made revenue of $37 million from Bitcoin. Bitcoin Revenue Worth $37 Million Square Inc, which developed Square Cash; a mobile payment platform, posted its 2018 second quarter financial results on the 1st of August. These results show that…

Kim Kardashian To Possibly Boost Crypto Adoption
News

Kim Kardashian To Possibly Boost Crypto Adoption

A cancer and diabetes research and treatment center, the City of Hope, had the first of hopefully many annual “If Only” Texas Charity Poker Tournaments. This is where Kim Kardashian received her first Bitcoin. The Event To Feature In An Episode Of Keeping Up With The Kardashians In a bid to boost awareness, the tournament’s…

Crypto Gift Card Service Launched By Coinbase
News

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
News

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
News

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
News

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
News

$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
News

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
News

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…

1 2 3 4 5