People will be able to “bank themselves” with crypto. A bankless world is inevitable due to the “natural evolution of technology,” according to a top executive at multi-billion dollar investment manager, Morgan Creek Capital. The firm’s CEO Mark Yusko believes that a “silent revolution” powered by cryptocurrencies like Bitcoin (BTC) will eventually lead the world […]
Month: October 2020
Five mega exchanges hold 10 of Bitcoin’s entire supply
The Bitcoin ecosystem continues to be dominated by a handful of platforms and companies. Roughly 10.6% of Bitcoin’s (BTC) circulating supply is currently held on just five centralized exchanges, according to data published by Chain.info. More than 1.96 million BTC is currently held between the major exchanges Coinbase, Huobi, Binance, OKEx, and Kraken. Likely owing […]
Spain’s new bill proposal complicates crypto for citizens
Spain’s new anti-tax fraud bill includes crypto implications. Awaiting parliamentary approval in Spain, a fresh bill draft intends to cut out illegal tax dealings, as first reported by Cointelegraph’s Spanish branch. This could mean smaller business transactions as well as mandatory crypto-asset reporting, even for assets held or transacted internationally. The "Draft Law on Measures […]
G7 will oppose Libra launch until regulations in place
“No global stablecoin project should begin operation until it adequately addresses relevant legal, regulatory, and oversight requirements.” Countries representing the world’s largest economies said in a draft of a statement that they would initially oppose the launch of Facebook’s Libra project. According to an Oct. 12 report from Reuters, central bankers and finance ministers from […]
Belgian investors lost 12M to crypto and forex scams last year
Losses due to crypto scams are on the rise in Belgium. Belgium’s financial watchdog has reported scammers stole up to $12 million from investor in the country using fraudulent ads. In an Oct. 5 warning from the Financial Services and Markets Authority (FSMA), the watchdog estimated that investors in Belgium had lost at least 10 […]
Payments firm Rocketfuel Blockchain sues co-founder over expired patents
The blockchain payments company said it unknowingly owns patents that expired before these were transferred to them. Blockchain payments company Rocketfuel Blockchain is suing its co-founder for allegedly misrepresenting patent applications and defrauding the firm. In a complaint filed with the Central District Court of California, Rocketfuel claimed its co-founder and former treasurer Joseph Page […]
History And Timeline Of Digital Marketing Online
History And Timeline Of Digital Marketing Online Where have we been and where are we heading? Let's travel back in time and check out the history and timeline of digital marketing and how we got to where we are now in 2020, also where we are heading in the future. This year has seen a […]
How will the US presidential election affect the price of Bitcoin?
There may be fireworks. As the 2020 U.S. presidential election draws near, two crypto traders on Twitter shared their predictions for how Bitcoin's price could react to the event. "If we have a clear winner and an easy transition of power, I do not see much of an impact on the price per coin," trader […]
This Boring Project Will Turn All Other Blockchain Into Layer 2 Of Bitcoin
This Boring Project Will Turn All Other Blockchain Into Layer 2 Of Bitcoin Whether you are a Bitcoin Holder or not, you would have to spend 5 minutes getting to know this project that may change Bitcoin’s future. Suppose you are not only a holder, but also a Maximalist. In that case, congratulations, the Bitcoin […]
Aussie Millionaire Threatens To Sue The Guardian Over False Bitcoin Investment Ads
Aussie Millionaire Threatens To Sue The Guardian Over False Bitcoin Investment Ads After unsuccessfully battling The Guardian Australia to seize Bitcoin scam ads from appearing on its website, Australian entrepreneur Dick Smith has threatened to sue the media outlet.Australian multi-millionaire and electronics entrepreneur Dick Smith has threatened to sue The Guardian Australia. Smith has alleged […]