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US rapper Kanye West has told mainstream media that he has become inspired to “use Bitcoin,” suggesting dollar bills are too “reminiscent” of slavery. West: US Dollar ‘Like Slave Movies’ Speaking in an interview for TMZ May 1, West hit out at the past four hundred years of US history with regard to slavery, calling the period a “choice.” During the episode, which sources now describe as “confrontational,” the star directly mentioned Bitcoin, saying the image of political activist Harriet Tubman on the $20 bill had made him “want to…

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A U.S. District Court has ruled against Chinese conglomerate Alibaba Group in favor of a Dubai-based cryptocurrency foundation, Alibabacoin. The judge says Alibaba Group did not show any jurisdiction in the U.S. and China’s ban on initial coin offerings eliminates any potential confusion. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space No Jurisdiction for Alibaba U.S. District Judge J. Paul Oetken ruled in favor of a cryptocurrency and its foundation on Monday against the Chinese giant Alibaba Group Holdings. He “rejected Alibaba Group Holdings Ltd’s bid for a preliminary injunction…

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Over the past few years, the cloud-based instant messaging service Telegram has become extremely popular as millions of users have patronized the platform. Among them there are lots of cryptocurrency enthusiasts in various channels talking about their favorite digital assets. One particular phenomenon that has swarmed the digital currency space on Telegram are cryptocurrency-themed sticker sets. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Even though Pepe is the king of crypto sticker sets, there are more funky cryptocurrency themed stickers on Telegram. If you are a passionate cryptocurrency enthusiast…

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Many in Japan feared its cryptocurrency market would grind to a halt following the hack of the Tokyo-based exchange, Coincheck. It appears that those fears were unwarranted, however, as the exchange is set to remain operational under Monex Group. More Than Profitable Monex Group Inc., a Japanese online brokerage, finalized its acquisition of Coincheck last week for nearly 3.6 billion yen ($33 million). The acquisition comes after Coincheck’s security was penetrated on January 26th, earlier this year. Hackers breached the firm’s unsecured digital wallet and were able to steal NEM…

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The Central Bank of the Argentine Republic (BCRA) has this month eased regulations regarding automatic teller machines in the country. The (perhaps unexpected) upshot of this has been a plan to install 4000 new crypto-enabled ATMs. Rules, Rules, Rules The new regulations do not contain any direct reference to bitcoin or cryptocurrency. Rather, they allow the installation of ATMs in non-banking establishments, such as supermarkets, shopping centers, and cinemas. In addition, the regulations allow independent players into the market. Until now there have only been operating licenses for the local Banelco…

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On Tuesday, reports regarding the notorious Facebook investor and venture capitalist Peter Thiel and his Founders Fund was revealed. According to sources familiar with the matter, Thiel’s fund has made an investment in the startup Tagomi, a firm that plans to execute cryptocurrency buy and sell orders as a brokerage service dealing with institutional investors and family offices. Also read: This Guy Is Fighting a Legal Battle with the CFTC over Bitcoin Classification Peter Thiel’s Founders Fund Helps Inject $15.5 Million in Capital Into the Cryptocurrency Startup Tagomi Systems    The…

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The list of crimes to earn the opprobrium of IOTA fans is growing by the day. Journalists who fail to pen fawning hagiographies of David Sønstebø and his team are singled out for persecution by IOTA acolytes. But it’s not just reporters who are blacklisted: anyone who tweets a link to an IOTA story – or who even likes a tweet – is also deemed an enemy combatant. Also read: London-Based LBX Exchange Adds Bitcoin Cash to Its Offerings IOTA’s Defenders Go on the Warpath As someone famous once said, “The essence…

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Furthering its interest in blockchain-based technology, MasterCard has filed a patent for a system designated to increase the speed with which blockchain nodes are being verified.   It seems the bees in the company’s crypto department have been busier than one may think. Earlier in April, MasterCard Labs, the company’s innovation section, said that they’re looking to hire 175 more staff members, including blockchain experts. The company has now filed another blockchain-related patent, dated April 26th, for a system that would supposedly take care of a rather pressing issue. The…

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Ever since Reddit pulled the plug on r/darknetmarkets, deep web users have been starved of real time information on trustworthy sites and vendors. Deep Dot Web is one of the few remaining clearnet portals where information on darknet markets (DNMs) can be found. DNMs were bitcoin’s first “killer app”, and to this day provide one of the most tangible uses for cryptocurrency. Also read: Six Alternatives to Telegram for Cryptocurrency Communities Without the Darknet We Probably Wouldn’t Be Here It is no exaggeration to say that were it not for deep…

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Square shares slipped slightly after Andrew Left of Citron, a stock commentary source, alleged that the company’s bitcoin trading was insignificant and overhyped. Square Shares Decline Square stock dipped briefly on April 30 losing 3.8 percent to land at $45.76 per share. The stock later rebounded but still closed out with a 0.48 percent loss. This decline followed a tweet by Citron on April 30 saying that Wall Street was “drunk on bitcoin.” This statement appears to a reference to the bitcoin trading on the P2P Square Cash app. Citron also…

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