Monthly Archives: March 2018

Bitcoin ‘Bubble Is Necessary’ To Test Endurance, Says Hedge Fund Founder Bill Miller

Wall Street investor Bill Miller compares Bitcoin to the major inventions of humankind, saying that the Bitcoin “bubble” is “necessary” to test endurance. Bill Miller, multi-millionaire investor and founder of hedge fund Miller Value Partners, shared his positive view on the cryptocurrency market sell-off and talked about why it should not scare investors in a FOXBusiness exclusive interview Feb. 28. Calling himself a Bitcoin “observer”, rather than a Bitcoin “believer” or “evangelist”, in the interview Miller compared Bitcoin with other major inventions throughout history, stating: “What I […]

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Gold Trading Giant Goldmoney Enables Cold Storage For Two More Cryptocurrencies

Goldmoney, a global gold-based financial services company, expands its crypto cold storage with two more cryptocurrencies. Goldmoney, the world’s largest gold savings and transfer network, has added two more major cryptocurrencies to its cold storage service, according to a press-release published Feb. 27. The company, which already provides a cold storage service for Bitcoin (BTC), announced it is now adding “Anti-Money Laundering (“AML”)-Compliant” Ethereum (ETH) storage, with Bitcoin Cash (BCH) storage to follow soon after. According to their press release, Goldmoney Inc. safeguards nearly $2 billion in […]

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Moscow Court Rules Crypto Assets Cannot Be Seized For Debt Payment

The Moscow Arbitration Court rules to exclude cryptocurrency from assets which can be seized from debtors. In a hearing on Feb. 26, the Moscow Arbitration Court ruled that cryptocurrency funds of a bankrupt debtor cannot be seized as payment to creditors, local media group RBC reports. The court considered an application filed by finance manager Aleksey Leonov, who requested permission to recover funds from a debtor, Ilya Tsarkov, by seizing Tsarkov’s crypto assets. According to RBC, Leonov requested that the court require Tsarkov to provide the password […]

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Japan: 132 Crypto Investors Sue Hacked Exchange Coincheck, Seek Reimbursement

132 crypto investors are suing Japanese exchange Coincheck, seek damages following $534 mln hack. 132 crypto investors have filed a lawsuit against the Japanese-based crypto exchange Coincheck, seeking 228 mln yen (around $2 mln) in damages, local news outlet Sankei reported Tuesday Feb. 27. Coincheck suffered a major hack in late January that resulted in the theft of more than 523 mln NEM, worth around $530 mln at the time. The exchange has since promised to refund all of its customers in full at a rate of […]

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Bitcoin Is a “Cathartic” Technology, Says a Digital Company

One of the leading firms that deal with online payments, Square has termed the Bitcoin Cryptocurrency as a transformational technology that the world has ever witnessed. This has come at a time when there seems to be more critics that praise directed to the virtual coin. A Sign of What to Come Just as the general public is trying to grasp what these statements that were made by Jack Dorsey, the current CEO of Square might mean, market analysts have already jumped to a conclusion. According to […]

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Venezuela Claims Petro Cryptocurrency Has Raised $3bn from Investors in 127 Countries

The Venezuelan government has made some new claims about the pre-sale of the country’s oil-backed cryptocurrency, the petro. After one week, President Nicolas Maduro said that the petro had raised $3 billion from 171,015 certified purchases, from investors in 127 countries. The majority of the orders were in dollars, followed by bitcoin and ether, according to Maduro. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Maduro Says 171,015 Purchases from 127 Countries Nicolas Maduro. The president of Venezuela announced this week that his nation’s cryptocurrency, […]

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Goldman Sachs Keeps Criticizing Bitcoin, But There Are Certain Ties

Circle’s announcement was huge news, but it could be even bigger news for Goldman Sachs as they wade into crypto Going back as far as 2014, when interest in Bitcoin was a mere drop of what it is today, Wall Street giants Goldman Sachs were already scoffing at the digital currency and the interest it was developing. Goldman has been slowly coming around though, for one of the Wall Street powerhouses, with their CEO, Lloyd Blankfein, happy to talk and mull the potential of Bitcoin and Blockchain. […]

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Thai Regulators in Race With Growing Popularity of Token Sales

The Thai government is concerned with the growing number of companies in Thailand racing to launch their initial coin offerings ahead of regulations. This has prompted the country’s regulators to hurry with the regulatory framework for token sales, ahead of cryptocurrency regulations. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten ICOs Growing in Popularity in Thailand Publicly-listed and private companies in Thailand are hurrying to launch their initial coin offerings (ICOs) ahead of regulations, Thai Rath reported, adding that they “fear the regulators will make it […]

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PR: Bitcoin Exchanges: Please Help Your Users Claim BCP and BCPC as Soon as Possible

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Since coin claiming began at 09:00 GMT on 12 January 2018, the number of people registered at the Bitcoin Parallel website has skyrocketed. In order to maintain the Bitcoin Parallel Ecosystem, the Bitcoin Parallel Foundation has formulated a declining distribution rule. Bitcoin […]

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Australians Can Now Purchase BTC, ETH Across 1,200 Newsstands In Win For Adoption

Australian crypto exchange Bitcoin.com.au has facilitated BTC, ETH purchasing across more than 1,200 newsstands in the country. Australian cryptocurrency exchange Bitcoin.com.au has made buying Bitcoin (BTC) and Ethereum (ETH) for fiat possible in more than 1,200 newsstands across Australia starting Thursday, March 1, local news outlet 9Finance reports. Bitcoin.com.au, which has been in operation for around 18 months, describes itself on its website as “one of the first independent Bitcoin exchange networks in Australia.” Today, March 1, is the first time the exchange has offered purchases of […]

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