Archive | bitcoin

Swiss Regulator, FINMA Cracks down on Scam “Not-So-Cryptocurrency”

The Swiss Financial Market Supervisory Authority (FINMA) has recently taken action against the perpetrators of a crypto-scam. The firms in question were distributing a fake cryptocurrency and acting without proper licensing. A dozen other possible fraud cases are under scrutiny from the watchdog too. In a statement earlier today, FINMA announced that they have taken […]

Joint Report by Stellar and Luxembourg Fintech Platform: Approach ICOs with Caution

 Stellar, a nonprofit decentralized financial network, and the Luxembourg House of Financial Technology (LHoFT), the country’s dedicated fintech platform, have published a joint report on Initial Coin Offerings (ICOs).According to the report, organizations have raised over $1.8 billion through ICOs since January 2017. As this popular new fundraising method provides a simple and fast method to […]

Ray Dalio Confirms Bitcoin is in a Bubble yet it may Become a Currency

A lot of self-professed financial experts do not like Bitcoin. That is not surprising, as promoting cryptocurrency would go against their own interests. Ray Dalio is the latest person to call cryptocurrency a “bubble”. Considering how he is the founder of the world’s largest hedge fund, his words carry some weight. Thena gain, JP Morgan […]

Decred Adds Atomic Swap Support for Exchange-Free Cryptocurrency Trading

Decred is announcing support for on-chain atomic swaps, which will allow cryptocurrency holders to trade directly, without having to rely on external exchanges. The cryptocurrencies initially supported are Decred (DCR), Bitcoin (BTC) and Litecoin (LTC).“Support for on-chain atomic swaps is extremely useful,”Jake Yocom-Piatt, Decred Project Lead said in a statement. “Thanks to the foresight of […]

China’s Bitcoin Crackdown Will not Affect Mining Operation, John McAfee Claims

The current Bitcoin situation in China remains rather vague for now. We know all major exchanges will halt CNY trading at the end of October. It also appears OTC and P2P trading service providers may be affected. One particular industry related to Bitcoin will not see major changes, though. According to John McAfee, mining Bitcoin […]

Bitcoin-Accepting Expedia to Accelerate Its Global Expansion

Expedia, the giant pro-Bitcoin online travel company, has worldwide expansion plans. Specifically, the company’s new CEO will push for expanding the company’s presence into Europe and Asia. Also read: Pro-Bitcoin Expedia CEO Picked to Run Uber Expedia Uses Technology and Accepts Bitcoin to Revolutionize Travel Expedia’s new CEO Mark Okerstrom told the Financial Times that […]