Month: August 2018

Bitpay COO Believes Bitcoin is “Working” as Means of Payment

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Bitpay’s chief operating officer, Sonny Singh, recently attested to the efficacy of bitcoin as a means of payment, stating that “bitcoin is being used all around the world for things other than speculation and trading.” The COO also reported that Bitpay processed $1.2 billion USD worth of bitcoin payment in 2018. Also Read: Swissquote Reports 44% … Read more

MobileGo in Freefall After Former Team Member Reveals Fraud

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A troubling characteristic of ICOs is the explicit lack of accountability that token distributors have to maintain promises. As token holdings do not represent project ownership, deceitful entrepreneurs are emerging among legitimate projects as conmen and snake oil salesmen looking to earn quick riches. A frightening Reddit post on Sunday exposed GNation’s CEO and other … Read more

Russia Reports 15% Increase in Number of Crypto Mining Companies

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The Russian crypto sector is expanding. The number of businesses operating mining facilities has increased this year, more Russians own cryptocurrency. Data confirming these trends has been presented by the country’s crypto and blockchain association, which also warned that delayed embrace of digital financial technology costs Russia a trillion rubles each year. Also read: Swissquote … Read more

How Often Should Exchanges List New Coins?

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With Binance entering its Coin of the Month voting season, now is a great time to discuss the common practices of crypto exchanges. While exchanges are a necessary element of the industry, they are still lacking in a number of areas. One feature which particularly bothers investors is how slow most exchanges are to list … Read more