Regulators continue to pressure cryptocurrency exchanges and initial coin offerings. This is only normal, as these new industries present many opportunities but also pose major challenges. The Monetary Authority of Singapore is cracking down on problematic ICOs. So much, in fact, that one particular project was forced to return its funds to Singaporean investors. Another ICO Goes Awry Over the past few months, various initial coin offerings have been scrutinized by regulators all over the world. The SEC has been cracking down on illicit projects and trying to bring them to justice. A fair few projects were shut down after violating securities laws. This
Central bankers are being warned by researchers that the crypto revolution will overtake the system they are in-charge of preserving. Recently, British economic historian and author Niall Ferguson told the Bank of England that Bitcoin is the financial system of the future. Also Read: This Week in Bitcoin: McAfee’s Bullish Prediction and a Guy Living […]The post Niall Ferguson Tells Bank of England Bitcoin Is Financial System of the Future appeared first on Bitcoin News.
For those people who can’t get enough Bitcoins in their life, a new option is emerging. Known as Bitcoin Incognito, it is another attempt at fixing some of the glaring issues which Bitcoin presents. Whether or not this new fork will succeed is unclear, but more competition isn’t necessarily a bad thing. Anonymity and Bitcoin in one Package One of the biggest misconceptions people have about Bitcoin is that it is anonymous. That is anything but the case, though, as Bitcoin has neither anonymity nor privacy features. The currency allows one to be pseudonymous – similar to an online nickname – but not anonymous. Some projects are trying to address this lack of anonymity
James Howells, a 32-year-old IT specialist who recently switched to a full-time cryptocurrency investor, told New York Post that he had lost more than $60 million in bitcoin in 2009 and was never able to retrieve it. 7,500 BTC In 2009, the debut year of BTC during which the price of BTC was below $1The post How a Cryptocurrency Investor Lost $60 Million in Bitcoin and Never Got it Back appeared first on CCN
Blockchain Insider is a column dedicated to interviewing leaders in the blockchain world. These include founders, traditional industry veterans turned ICO participants and everything in-between. The weekly interviews will cover a wide range of questions and try to explore the motivation behind blockchain-based ideas and the problems blockchain technology is being used to solve. ApoloThe post Blockchain Insider: Exclusive Interview with Olympian Apolo Ohno of HybridBlock appeared first on CCN
At press time, bitcoin is trading for just over $7,300. This is a near $200 drop over the last 24 hours, and the bears are still having their way. The current sentiment is that bitcoin could fall to as low as an even $7,000 over the next few days. The currency has been dropping gradually since Sunday May 13, after it spiked to a new high of roughly $9,800. Maybe bitcoin just doesn’t like Mother’s Day… Still, others remain skeptical that bitcoin will stay at the $7,000 position or spike soon after that. Willy Woo, for example, is a cryptocurrency
It has been a while since we last heard anything about OneCoin. Although this blatant pyramid scheme is still active, it seems the regulatory crackdown is not slowing down in the slightest. In China, nearly 100 individuals are being prosecuted for promoting the OneCoin pyramid scheme, and that number may rise. The OneCoin Cancer Needs to be Removed Anyone who has ever laid eyes on the OneCoin website or met any of its promoters can see that this project is destined to fall apart sooner or later. Any company offering investment packages with virtually guaranteed returns after a fixed amount of time is
Andreas Antonopoulos told conference members that “Bitcoin is the future and Blockchain is bullshit” days before the now-infamous Consensus 2018, it has emerged. Antonopoulos Champions Essential ‘Weirdness’ Speaking at the Polish Bitcoin Congress in Warsaw May 12, Antonopoulos, who has been a well-known Bitcoin advocate and educator since 2013, argued that Bitcoin’s “weirdness” and decentralization’s ability to “offend” were key to its success. “…The reason Bitcoin is interesting is because it’s not controlled, because itRead MoreThe post ‘Bitcoin Is The Future, Blockchain Is Bullshit’: Andreas Antonopoulos Preempts Consensus appeared first on Bitcoinist.com.
Cryptocurrencies have taken another step towards the mainstream as the Apple Stocks app has added Ripple (XRP) and Tron (TRX) pricing to its lists.
The words “Blockchain”, “social media”, andRead More →The post Warren Whitlock – One of the exceptional blockchain influencer today appeared first on Crypto Core Media.