The past couple of months have been quite tumultuous in all senses, with rising tensions among regions and the spread of deadly diseases such as the Coronavirus. In the midst of all this, the financial market has fluctuated massively leaving lower dollar prices and cryptocurrency values. Generally, during times of turmoil, the cryptocurrency market elevates […]
Bitcoin News
Bitcoin Bull Pomp Mocks At Warren Buffett’s Anti-Bitcoin Views
Crypto Twitter is actively debating Warren Buffett’s most recent statement regarding cryptocurrency and Bitcoin. While the topic was still hot, bitcoin bull Anthony Pompliano didn’t leave a chance to slam Buffett’s anti-bitcoin view. It’s worth remembering that Warren Buffett in his recent interview said: “I don’t own any cryptocurrency,”. More so, he also rejected the […]
Stringent Capital Controls Accelerates Crypto Adoption in Lebanon
Lebanon is currently experiencing the worst ever financial crisis in decades. Lebanon’s banking system (as reported by Aljazeera) is forcing account holders to withdraw their savings in Lebanese pounds on the official market; by imposing strict capital controls. Unfortunately, the country’s official exchange rates have dropped by a whopping 40% lower compared to the parallel […]
Singapore Court Sides with B2C2 In Fight Against Quoine’s Trade Reversals
Cryptocurrency organizations have gained more prominence in the financial world over the last few months, mainly due to rapid advances in the industry. Apart from the positive developments, the cryptoverse has also been mired in significant controversies. The latest cryptocurrency company to be hit by a scandal was Quoine, a popular currency exchange operator in […]
Irish Citizen Embroiled In Marijuana Trial Loses Access To Almost $60 Million Worth of Bitcoin
Cryptocurrencies have always been tricky to store, and as a result, many people have lost their assets. Bitcoin, the world’s largest cryptocurrency, is also the most popular cryptocurrency in the world. Bitcoin’s privacy features have also resulted in several holders losing their assets. According to new reports, an Irish citizen lost almost $60 million Bitcoin […]
Vodafone Promotes Bitcoin [BTC] Advertisement on Facebook
On 21st February, a Redditor posted an on r/cryptocurrency, a screenshot of an ad on Bitcoin promoted by Vodafone on Facebook in Germany. With the caption, “German Vodafone ad I saw today”. Here’s a copy of the same: The image reads, “Was soll Dir Oma zustecken, wen inn Zukunft alle mit dem Smartphone bezahlen?” […]
Bitcoin Used As a Ransom Tool in Mumbai Hotel Threats; LeT Suspected
The cryptocurrency world is no stranger to disputes and scams. As each day passes, it has become evident that some community members will continue to use digital assets for nefarious purposes. According to recent reports, hotels in the city of Mumbai have received threats that Bitcoin is being demanded as ransom. Four high-end hotels in Mumbai were searched from top to bottom over the past couple of days after emails claiming to be from […]
Peter Thiel-Backed Layer1 Opens Mining Facility Despite ‘Crypto Winter’
The last two years have seen wavy navigation for Bitcoin. A significant imminent change even means more uncertainties in the future of the world’s most popular cryptocurrency. Nevertheless, investors are still passionate about the likely returns from Bitcoin mining activities, investing millions in setting up the high power mining facilities. Layer1 Technologies, a San Francisco-based […]
Visa Accords Coinbase the Power to Endow Debit Cards
According to an announcement made on February 19, Coinbase is now a principal member of Visa. The credit card giants officially granted Coinbase that status back in December 2019. However, the status was not disclosed to the public until today. Moreover, the new membership status eliminates quite a significant and expensive middleman off the process […]
Bitcoin ATMs Surge In January As Bull Market Sheds Positive Light
The concept of cryptocurrency adoption has been appealing to the community for a long time now. This feeling has also been propelled by the developments and updates in the industry. Statistics have now shown that the adoption of Bitcoin has been on the rise due to a number of its peripherals gaining significant traction across […]