Former Central Banker Worried ‘Bout Facebook’s Crypto According to a report from Reuters, Facebook’s crypto project, the now-infamous Libra currency, may pose a threat to central bank policy. Speaking to Hiromi Yamaoka, the former head of the Bank of Japan’s payment and settlement systems division, the outlet was told that...
On July 2nd, 2019, Goldman Sachs published the customer agreement for its upcoming credit card partnership with Apple. American technology corporation Apple is releasing the Apple Card in partnership with investment banking company Goldman Sachs as part of a larger business plan to increase revenue through services, rather than one-time...
As the trade war between the U.S. and China ramps up, the value of the Chinese Yuan has dived, leading some critics to claim that the Chinese government is intentionally devaluing its currency in an effort to offset the economic damage that has resulted from the trade war. Now, as...
Coinbase Adding Large List To mitigate the risk of insider trading and promote transparency, Coinbase late last year began to announce its intentions to add crypto assets to its expansive roster of products. Last year, it unveiled some 20 potential assets that it was considering adding to its trading services....
Chinese Central Bank Fast-Tracks Digital Currency The launch of Facebook’s Libra lit somewhat a fire under the rear of politicians the world over, mandating them, along with other economic and social commentators, to address the issues that the Silicon Valley-backed cryptocurrency could bring. China has taken an interesting approach to...
Her Majesty’s Revenue and Customs – the primary tax revenue service in the U.K. – recently sent letters to major crypto exchanges that operate in the country and are requesting an abundance of data aimed at identifying users who have attempted to avoid paying taxes on their cryptocurrency transactions. This...
He Hates Bitcoin… Or Not? Kevin “Mr. Wonderful” O’Leary has been all over the Bitcoin and crypto headlines over recent weeks. The Canadian businessman, who stars in “Shark Tank” and “Dragon’s Den”, has recently become a staunch cryptocurrency skeptic, following the narrative put forth by investment legends like Warren Buffett....
Initial Coin Offerings (ICOs) were arguably one of the most dangerous byproducts of the 2017 crypto bull run, as the subsequent market crash has left many ICO investors holding massive bags of worthless or illiquid tokens. The ICO fundraising scheme, which has since lost all its popularity, has resulted in...
Bitcoin’s bull run through the first half of 2019 has done little to bolster the overall crypto markets, as many smaller altcoins are currently trading just slightly above their 2018 lows. This lackluster price action for altcoins has allowed Bitcoin to gain significant dominance over the aggregated crypto markets, and...
Bitcoin Dominance Continues to Bound Higher As detailed by Ethereum World News on multiple occasions, altcoins haven’t been doing too hot against Bitcoin (BTC) as of late. In fact, ever since Bitcoin began its surge off its $3,150 lows in December, it has managed to outpace Ethereum, XRP, and so...
The Binance exchange hack in May proved to many the fragility of internet security, even to an exchange as large as this one. In current day value, the loss stands at almost $80 million USD. According to Luxembourg-based cryptocurrency capital flow research team Clain.io, the hacker responsible for the May...
Cracking Down on Money Laundering Through Bitcoin & Ilk One main critique that mainstreamers have for Bitcoin and cryptocurrencies more broadly is that they can be used for illicit activities. Governments have — surprise, surprise — heard these cries, and have started to crack down on the industry. Most recently,...
