Day: June 12, 2019

The Blind Trust Described in the Kleiman vs. Wright Lawsuit Is a Real Head-Scratcher

clublaura_e7xtqv

There’s been a number of developments in the ongoing Kleiman vs. Wright lawsuit lately. After Craig Wright’s sworn deposition, the plaintiffs contend that Wright’s categorical refusal to answer questions about his bitcoin addresses and his marriage(s) needs to be reevaluated. Wright’s legal team say he’s done everything possible to comply with the court’s orders but the Kleimans believe the self-proclaimed Satoshi has been stonewalling for nine months. Also Read: Satoshi’s Pre-Release Bitcoin Code Contains Fascinating Findings The First 70 Blocks and the So-Called ‘Blind Trust’ The ongoing Kleiman vs. Wright…

Read More

‘Ultra-Bull Case’ for Bitcoin Driven By Central Banks – Anthony Pompliano

clublaura_e7xtqv

Anthony ‘Pomp’ Pompliano of Morgan Creek Digital believes Bitcoin is about to experience an epoch-defining next 18 months. ‘A Perfect Storm for Bitcoin’ Speaking to Bloxlive TV earlier in June, Pompliano said the next 18 months will be crucial for Bitcoin. The Morgan Creek Digital co-founder believes the plethora of developments with potentially global economic impacts will contribute to upscaling Bitcoin’s role in the global financial system. Will Bitcoin Reign as King in Times of Economic Instability? @APompliano shares his thoughts with @BloxliveTV https://t.co/0eTl8nhm1z pic.twitter.com/s0nBvqLhde — Jessica Walker (@Jessicaw_tv) June…

Read More

Initial Exchange Offerings Are Showing No Sign of Slowing Down

clublaura_e7xtqv

Six months in and initial exchange offerings (IEOs) are refusing to die. Following a year of ICO stagnation in 2018, it appeared that the crypto crowdfunding bubble had popped, sending tokenized projects back to the drawing board. Instead, the medium has been reborn under a different banner. In 2019, IEO token issuance is all the rage, but how long will the trend last? Also read: Coinbase Launches Crypto Debit Card in 6 European Countries Wirex Announces a Token Because 2019 Initial exchange offerings are commonly used to bootstrap new crypto…

Read More

‘Totally Absurd’ – New FATF Rules To Turn Bitcoin Exchanges Into Banks

clublaura_e7xtqv

Intergovernmental body the Financial Action Task Force (FATF) has committed to making 200 countries treat cryptocurrency exchanges like banks. FATF Among ‘Biggest Threats’ To Crypto As Bloomberg reported June 11, an update to how national regulators should treat businesses dealing with cryptocurrency tokens will officially go public on the 21st of the month. Its impact is not entirely clear, but experts are already warning that anyone – be it a business or a private investor – who exchanges more than $B1000 or €1000 worth of crypto will have to provide…

Read More

Miss Hong Kong Explains ‘Bitcoin Time Traveller’ On Biggest TV Channel

clublaura_e7xtqv

The winner of the Miss Hong Kong 2015 pageant has appeared on the territory’s most popular TV channel explaining the ‘Bitcoin Time Traveler’ theory. Explaining The ‘Bitcoin Time-Traveler’ Theory The theory stems from a Reddit post made in 2013, by a user named Luke Magnotta. In it, he claimed to be a time traveler from the year 2025 and gave a detailed description of how Bitcoin had created a political dystopia. Part of the post detailed the rise in bitcoin price up until 2013, and how it would continue to…

Read More

Buy From Home Depot and Walmart With Bitcoin Cash Through Alagoria

clublaura_e7xtqv

Ordering from large retailers doesn’t necessarily have to involve fiat money, even when these merchants have yet to adopt crypto payments. A platform called Alagoria lets you buy items sold by Home Depot and Walmart and you can pay with decentralized currencies such as bitcoin cash. Also read: Bitcoin People Directory Lists Crypto-Friendly Merchants Alagoria Gives BCH Holders Access to Major Retailers Alagoria.com is a website that allows you to purchase products offered on Homedepot.com and Walmart.com. To do so, find an item you want to buy and then copy…

Read More

Coinbase Launches Crypto Debit Card in 6 European Countries

clublaura_e7xtqv

Coinbase Card is being made available in six new countries across Europe. The service enables users to spend their digital funds in-store and online, supporting all crypto assets available to trade on the Coinbase platform such as bitcoin cash. Also Read: How to Buy a Cryptocurrency Hardware Wallet With Bitcoin Cash Coinbase Card Expands Across Europe San Francisco-based cryptocurrency exchange Coinbase has announced that it is expanding its Visa debit card service in six new European countries. Coinbase Card, which was launched in the U.K. in April, will now be…

Read More

Bad News For Ripple As Visa Enters Cross-Border Payments Market

clublaura_e7xtqv

Visa has launched a blockchain-based platform for cross-border payments between financial institutions. This sees it enter the increasingly crowded marketplace that Ripple has been trying to carve for itself. Visa’s Blockchain-Based B2B Connect Payment processing giant, Visa, launched a business-to-business platform to enhance the efficiency of cross-border transactions for smaller financial institutions. Traditionally, smaller institutions have had to rely on the services of larger intermediary banks, causing potential delays and high fees. Visa B2B Connect, as it is called, is built on the Hyperledger Fabric blockchain software from IBM and Linux. The…

Read More

Bitsa is a Crypto Card Europeans Can Top Up With BCH

clublaura_e7xtqv

The release of a new crypto debit card is an event that deserves attention. On one hand, the launch shows there is a growing demand from cryptocurrency users. On the other, it means businesses see an opportunity to profit from providing this type of product. Bitnovo, a Spain-based fintech company, now offers a Visa prepaid card which can be loaded with bitcoin cash. Also read: Crypto Debit Cards You Can Use Now Plus a Few to Expect Soon Bitnovo Introduces Bitsa to Several Markets in Europe One of the latest…

Read More

Cash Is King In Hong Kong As Thousands Choose Financial Privacy

clublaura_e7xtqv

Hong Kong is waking up to the benefits of financial privacy using cash, reports claim, as protesters seek to hide their movements and identity. Hong Kong Pays Cash To ‘Avoid Tracking’ According to various reports surfacing on social media this week, participants in the ongoing rallies against the Hong Kong government are choosing to abandon payment methods which could track them. A planned law dubbed the ‘Extradition Bill’ wants to make it possible to send suspects to mainland China. This, the protesters say, would open up Hong Kong’s legal system…

Read More