Month: February 2018

“Terrible Store of Value” is a great piece of work if you’re a collector of crypto art that sticks it to the man whilst providing a side order of utility. Formed out of repurposed credit cards and molded in the likeness of Jamie Dimon, who inspired the artwork’s name, the piece is currently up for auction with a reference bid of $15,000. Naturally the auction can be paid in bitcoin and comes with a blockchain verifiable certificate of authenticity. Also read: Dignitaries, Pundits, and Bigwigs Reveal Their 2018 Crypto-Predictions SoBs and…

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One would have hoped that by now investors in Initial Coin Offerings (ICOs) would have learned to be more careful who they trust with their money, but the spate of new scams that are reported every week shows this has yet to happen. The latest group to fall for an ICO fraud are Seele investors. Also Read: NFL Superstars Like to Talk About Bitcoin Just Like the Rest of Us Seele Scam Following multiple investor complaints, the team behind the Seele ICO has confirmed that people who thought they were backing…

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Goldman Sachs head of global investment research Steve Strongin has pronounced the eventual death of all but “a handful” of cryptocurrencies as prices rebound. ‘Most, If Not All’ Coins Have Peaked – Goldman’s Strongin In a note widely circulated among naysayers in the mainstream press such as Russia Today, Strongin took a harder line than CEO Lloyd Blankfein and even JPMorgan CEO Jamie Dimon, going on record to forecast that “most, if not all, will never see their recent peaks again.” Bitcoin has led a fresh resurgence in the price…

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The case against the South Korean government over cryptocurrency regulations filed with the Constitutional Court has been referred to the Supreme Court. If the court rules that the regulations are unconstitutional, all existing crypto regulations imposed by the government could be nullified. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Case Referred to Supreme Court South Korean constitutional court. The constitutional appeal filed against the South Korean government over cryptocurrency regulations at the end of December has been referred to the country’s Supreme Court by the Constitutional…

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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. We can not stay away and remain silent about the current situation on the market. Certainly, we are closely following the evolution of the crisis of confidence in the crypto industry as a whole, and we want to express to you our point of view,…

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Three of Australia’s ‘big four’ banks have issued comments regarding their respective policy positions with regards to their customers’ ability to purchase cryptocurrency using accounts issued by said banks. The statements come weeks after reports surfaced detailing an apparent banking embargo on the part of Australian banks targeting cryptocurrency businesses. Also Read: Australian Freeze: Big Aussie Banks Denying Bitcoiners ANZ and Westpac Allow Customers to Purchase Cryptocurrency for Now According to the Australian Broadcasting Corporation, a spokesperson representing Australia and New Zealand Banking Group (ANZ) stated that the bank “does not…

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Despite being associated with cryptocurrencies such as bitcoin and ethereum, ripple’s status as a decentralized currency is a matter of dispute. Critics have taken aim at XRP for years, claiming that Ripple exerts an unprecedented degree of control over transactions, something the company has always denied. A new report from Bitmex Research, whose cryptocurrency analysis carries great weight, suggests that ripple may be even more centralized than previously thought. Also read: The Rise and Fall of Ripple is a Case Study in Mass Hysteria Bitmex Goes Forensic On Ripple The…

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I’ve had enough of being bombarded with FUD, from so-called ‘experts’ who don’t really ‘get’ Bitcoin. If I want predictions about the future of crypto, I’ll ask an expert in the blockchain industry. Fortunately I don’t have to, as CNBC already asked. But First … This! It’s easy to feel down when it’s cold, wet, and grey outside. Oh … and your investment lost over two-thirds of its value in the last six weeks. But we’ve all been through this before. Actually, some of you haven’t, and it’s you that I…

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According to reports on Tuesday, a large quantity of U.S. media outlets were sent an email from an individual claiming to be a representative of the People’s Bank of China (PBOC). The message contained a phony invitation to a press conference between the media, the PBOC, and the Hong Kong Monetary Authority (HKMA) and said it would “crack down” on all aspects of bitcoin services between mainland China and Hong Kong. Also Read: Dignitaries, Pundits, and Bigwigs Reveal Their 2018 Crypto-Predictions A Mass Email Sent to U.S. Media Claimed Another…

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