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The head of the Bank of England Mark Carney has told members of the G20 that cryptoassets “do not pose risks to global financial stability.” Carney: Crypto Is No Match For Credit Default In a statement released Sunday a day before the group begins a summit in Argentina, Carney appeared to broadly copy the approach to crypto regulation seen from US regulators in February. He was speaking in his capacity as head of international banking regulatory group the Financial Stability Board (FSB). “Even at their recent peak, their combined global…

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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. ZeroEdge.Bet, a start-up that is building a blockchain based online casino network, is expanding its reach and will be opening brand new offices in London. The move was prompted by unprecedented growth of business, ahead of the proposed ICO dates later this year. The ZeroEdge…

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An executive confirms that Mastercard is open to the use of cryptocurrency, but there is a major catch involved. Banks have notoriously been steadfast in their opposition to cryptocurrencies, and this is for a very good reason. The peer-to-peer economic marketplace of digital currencies is a direct threat to the current financial monopoly held by banks and other financial institutions. Which is why it was surprising when an executive at Mastercard said that the credit card issuer was open to the overall use of cryptocurrency. However, there is a major…

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One of the main concerns for the cryptocurrency investing community over the last year was the ability of exchanges to handle the huge influx of new traders into the ecosystem. Circle seems to have picked up on that sentiment, going on a hiring spree in order to improve the service at its recently acquired venue Poloniex. The move is meant to help the exchange expand globally, with an emphasis on serving Asian clients, while Circle continues to focus on the US market. Also Read: Wirex to Launch Cryptocurrency Debit Cards…

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Bitmain has found itself in a war with words with the monero community over the release of its latest cryptocurrency miner, the Cryptonight-capable X3. The unit is being offered at a discounted rate to existing customers, but critics claim this is because the miners will soon be ineffective at mining monero, the main coin to use the X3’s Cryptonight technology. Monero lead developer Riccardo Spagni has emphasized that the units will not work on monero due to a scheduled hard fork designed specifically to outwit the Cryptonight algorithm. Also read: Large…

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The FTC has filed a lawsuit against two companies that have reportedly defrauded somewhere around 30,000 people worldwide, affirming their intent to disallow major cryptocurrency scam projects. Cracking Down on Crypto Scams The FTC’s primary focus is to protect consumers and enforce the legal framework that creates a competitive market, and they’re starting to take notice of the cryptocurrency space. There have been many questionable projects and quite a few outright scams. Some have promised absurd returns, but the revenue structure relies on users to recruit more users into the platform,…

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While some governments around the world, both local and national, are taking steps to try and limit the spread of the use of cryptocurrencies, many others are trying to ensure their citizens are free to adopt the revolutionary technology. The latest example of this is the US state of Wyoming where the legislator has recently approved a host of new measures meant to attract cryptocurrency business. Also Read: Wirex to Launch Cryptocurrency Debit Cards in Asia During Q2 2018 Property Tax Exemption for Cryptocurrencies The senate of Wyoming has passed a…

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It is a common practice nowadays for online ventures to invite white hat hackers to attack their systems via security challenges or cyber bug hunts. Companies usually do this to learn what vulnerabilities they might have and improve, or to show their confidence in their existing defense capabilities. The method can also be used to prove a point about the reliability of a certain system as seems to have happened now with 0-conf BCH transactions. Also Read: Wirex to Launch Cryptocurrency Debit Cards in Asia During Q2 2018 0-Conf Challenge…

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Saifu is looking to bridge the gap between fiat and digital currencies and bring access to financial services to the more than 2 million unbanked and underbanked people around the world. Bitcoinist recently sat down with Zach Murray, marketing director of the Czech-based startup, to discuss the merits of the platform, their upcoming ICO, and their participation in the recently completed Asian Tour 2018 roadshow. Bitcoinist: For our readers who may not be familiar with Saifu, can you give us a quick overview of what the platform is? ZM: Saifu…

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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. AICHAIN, the China’s leading blockchain project in artificial intelligence domain, has been a hit with investors now days. As the leading blockchain project in China, its unique research logic attracts people most. In 2017, the AICHAIN team started to combine artificial intelligence with blockchain, dedicated…

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