Bitconnect Faces Lawsuit for Operating “Wide-Reaching Ponzi Scheme”
Bitconnect is facing litigation from six individuals accusing the company of operating a Ponzi scheme in addition to numerous violations of securities laws. The six plaintiffs collectively invested approximately $771,000 USD into Bitconnect, and are seeking recourse following the sudden removal of the company’s lending platform that immediately led to a more than 90% loss […]
Bitcoin 2018 Price Projection Using Monte Carlo Random Walks: ~50,000 USD
Using the Monte Carlo statistical projection method, combined with what are known as random walks, Xoel López Barata developed some pretty fun bitcoin price scenarios for the end of this year. His projections are compelling because he follows data, revealing the difficulty being able to accurately prophesize much about the world’s most popular cryptocurrency’s path. […]
FX Platform Integral Now Covers Bitcoin, BCH and a Dozen More Cryptocurrencies
As more FX traders are demanding access to the hottest market these days, all banks and brokers will have to respond sooner rather than later to keep their clients. Institutional technology providers are seeing this unfold and are starting to lay the groundwork for a new financial order. Also Read: Oil Company Wants to Sell Bitcoin […]
Goldman Sachs CEO: ‘Bitcoin Trading Desk Rumors Are Not True’
According to multiple reports back in October and December of last year, it was said that the financial institution Goldman Sachs had plans to create a bitcoin trading desk. Now a month later, Lloyd Blankfein, the CEO of the firm, says the reports are “not true” speaking at the World Economic Forum in Davos this […]
CFTC Files Against ‘My Big Coin’ for Scamming $6 Million USD
The Commodity Futures Trading Commission (CFTC) has filed a lawsuit against “a virtual currency know as My Big Coin (MBC).” The CFTC alleges that the company raised more than $6 million USD by making false and misleading claims regarding the cryptocurrency’s utility and backing. Also Read: Vouching Bitfinex and Tether’s Bank Accounts Hold Nearly $3 Billion […]
Canadian Financial Service Versabank Launches Digital Asset Vault
The well known Canadian financial institution Versabank has announced it is in the midst of building a new vault initiative for customers so they can securely store digital assets. Versabank’s latest creation will be called, ‘Versavault,’ a platform focused on storing all kinds of digital properties including cryptocurrencies, but with the security and trust that comes […]
All Major Korean Cryptocurrency Exchanges Fail Privacy Tests – 30 Days to Improve
The South Korean Communications Commission has conducted a survey of major cryptocurrency exchanges in the country and found them to have insufficient customer data protection. Eight exchanges have been sanctioned, with 30 days to resolve their issues and safeguard their systems. Also read: Cryptocurrency Activities Will Be Legal and Tax Free in Belarus Starting in March […]
Bitcoin Cash Games Arrives — Play Your Favorites Faster With BCH
Last September the premier source for everything bitcoin-related, Bitcoin.com, launched our casino gaming platform Bitcoin Games. Since then we decided to create a portal that uses bitcoin cash (BCH), making things far cheaper for gamers playing their odds. Our new portal ‘Bitcoin Cash Games’ offers the same variety of provably fair games for BCH users […]
Air travelers will soon be able to spend some satoshis in stores and cafes at Brisbane Airport. Major retailers will be accepting several cryptocurrencies, including bitcoin. The promise: “unprecedented digital currency experience” in the airport terminals. More than 20 merchants in the Brisbane area now take cryptos thanks to a local startup that is working […]
PR: KuCoin Becomes First Cryptocurrency Exchange to List Coinfi (COFI) Token on Jan 29, 2018
HONG KONG - KuCoin.com will become the first cryptocurrency exchange to list the much anticipated CoinFi (COFI) token, which powers CoinFi, the first decentralized market intelligence platform. The COFI token will be available for purchase on KuCoin via COFI/BTC and COFI/ETH trading pairs, and COFI token holders will be able to deposit their tokens into Kucoin on Jan 28, 2018 for next day trading.
