Tagged: bitcoin

February 7, 2018 @ 9:58 pm By David Felsenthal and Jesse Overall  |  

Truly, it was a tale of two cities. On February 6, 2018, the U.S. Senate Banking Committee held a hearing on the oversight role of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) in respect of virtual currencies like Bitcoin… Read More

February 6, 2018 @ 12:25 pm By JD Alois  |  

The Defense Security Service (DSS), the government agency that oversees the protection of U.S. and foreign classified information and technologies, has issued a brief statement on Bitcoin and cryptocurrencies in general. The DSS says it has received a number of questions from industry as to whether… Read More

February 5, 2018 @ 9:53 am By Samantha Hurst  |  

Independent financial advisory organization, deVere Group, announced on Monday it has launched a cryptocurrency app, deVere Crypto, that has bitcoin prediction. According to the company, the new app will allow users to store, transfer and exchange currently three major cryptocurrencies, namely Bitcoin, Ethereum, and LiteCoin.  While sharing more… Read More

February 4, 2018 @ 2:54 pm By JD Alois  |  

Long Blockchain Corporation (NASDAQ:LBCC), formerly known as Long Island Ice Tea Corp. due to its focus on beverages, has done an about face regarding its previously announced decision to purchase 1,000 Antminer S9 mining rigs and 1,000 APW3++ PSUs. In January, the company stated it had signed… Read More

January 30, 2018 @ 12:44 pm By JD Alois  |  

The creation of Bitcoin, along with the Blockchain technology that enabled the digital currency, was a revolutionary act that has changed the world of finance forever. Originally envisioned as a transactional digital currency, Bitcoin has evolved more into an investment, or vehicle to speculate, due… Read More

January 29, 2018 @ 7:26 am By JD Alois  |  

DPW Holdings, (NYSE: DPW), has announced that its subsidiary, Digital Power Lending, LLC will launch a network of cryptocurrency ATMs that will allow for the purchase and sale of cryptocurrencies along with cash withdrawals. The company said the first ATMs will be installed in 5… Read More

January 26, 2018 @ 5:01 pm By JD Alois  |  

Prominent Silicon Valley investor Jason Calacanis visited with CNBC’s SquawkAlley this past week while enjoying some time in Davos, Switzerland. Last month, Calacanis told Squawk that Bitcoin is a bubble. This time, Calacanis said Bitcoin could go to zero and gave it a 1/3 chance… Read More

January 26, 2018 @ 3:00 pm By Samantha Hurst  |  

Robinhood, a fintech broker firm, announced this week its new bitcoin and other cryptocurrencies investment platform, which its services are 24 hours a day available the platform is commission-free. Features of the platform include: Everything in one place: All cryptocurrencies, stocks, ETFs, and options are now… Read More

January 25, 2018 @ 11:58 am By JD Alois  |  

The US Commodity Futures Trading Commission (CFTC) has scheduled a meeting of the Market Risk Advisory Committee (MRAC) for January 31st. The meeting, which is open to the public, will be held at the CFTC HQ in Washington, DC. If you are interested you can… Read More

January 24, 2018 @ 4:19 pm By JD Alois  |  

Stripe, one of the most popular payment processing platforms around, has scheduled an end to Bitcoin acceptance. According to the company, Bitcoin transactions will end on April 23, 2018. Stripe commented on the decision in a blog post explaining they have long been excited about… Read More

January 24, 2018 @ 1:57 pm By Samantha Hurst  |  

Sweden banking group Nordea announced this week that it is banning all of its approximately 31,000 employees from trading in cryptocurrencies due to high risk. The new ban will go into effect on February 28th. A Nordea spokesperson confirmed with Reuters that the bank believes that… Read More

January 24, 2018 @ 10:37 am By JD Alois  |  

Digital threat management firm RiskIQ is out with a report that smartphone Apps are a hotbed for scams and hackers in the cryptocurrency space. Having reviewed 18,408 Apps across 20 different App stores, RiskIQ says it has uncovered 661 “blacklisted” Bitcoin Apps allowing crooks to… Read More

January 23, 2018 @ 11:27 am By Erin Hobey  |  

Coinsource, a Bitcoin ATM network, has unveiled a new in-house software stack that will significantly improve the user experience at each of their nearly 200 machines across the nation. Previously powered by a third-party software, the new Coinsource proprietary software will reduce Bitcoin transaction delays,… Read More

January 23, 2018 @ 12:35 am By JD Alois  |  

The IOTA Foundation is one of the more fascinating entries into the cryptocurrency world. A high profile concept that has encountered controversy almost from the beginning, the German based company has made big promises while being pin-balled around by criticism and plaudits alike. IOTA has… Read More

January 19, 2018 @ 8:50 am By JD Alois  |  

The CFTC Division of Enforcement Virtual Currency Task Force has been rather busy. Today, the Commodity Futures Trading Commission, has shared two enforcement actions filed against Bitcoin / Cryptocurrency related fraud cases. The first was against the Entrepreneurs Headquarters Limited, the second was filed against Defendants Patrick… Read More

January 19, 2018 @ 8:33 am By JD Alois  |  

The Commodity Futures Trading Commission (CFTC) has filed a civil enforcement action in the U.S. District Court for the Eastern District of New York against Defendants Dillon Michael Dean of Longmont, Colorado. Dean’s company, The Entrepreneurs Headquarters Limited, is apparently registered in the UK. The documentation filed… Read More

January 17, 2018 @ 3:18 pm By JD Alois  |  

The Federal Reserve Bank of St. Louis is out with a paper on the “World of Cryptocurrencies.” Authored by  Aleksandr Berentsen and Fabian Schär, the article addresses possible applications of cryptocurrencies, and blockchain technology in general. Schär and Berentsen conclude that “Bitcoin has a wide… Read More

January 17, 2018 @ 1:52 pm By JD Alois  |  

This should come as no surprise but the US Department of Treasury, Financial Stability Oversight Council (FSOC), has established a working group to address the emergence of cryptocurrencies such as Bitcoin, Ethereum, Ripple and more. The announcement came on the heels of a meeting of… Read More

January 17, 2018 @ 1:11 pm By JD Alois  |  

In a speech delivered on January 15th at Bercy, Bruno Le Maire, the Minister of Economy and Finance, announced he has appointed Jean-Pierre Landau, former Deputy Governor of the Banque de France, to head a mission investigating cryptocurrencies. Le Maire stated (translated from French); “We want… Read More

January 17, 2018 @ 1:30 am By Timothy Li  |  

Last year, I boldly predicted 10 Fintech movements that will take place as Earth makes another perfect rotation around our Sun. It’s always fun to look back and see how wrong I was, so let’s stump the chump! Here are my original predictions. Let’s score… Read More