Bitcoin’s Volatility Renders it Useless as a Payment Method, Says Former PayPal CEO

Bill Harris has made clear his view on cryptos several times. The former PayPal CEO has in the past described Bitcoin as the ‘greatest scam in history’ and a massive ‘pump and dump scheme.’ Harris recently reiterated his stand, further claiming that all the praise that Bitcoin has been receiving as an efficient payment method … Read more

The Daily: Husbands Blackmailed for Bitcoin, Blockchain This and That

Scammers are threatening to reveal cheating husbands to their wives and asking for bitcoin ransom – check the details in this edition of The Daily. A porn streaming website now rewards its users with tokens, and hair sprays are sold for BTC and BCH. Also, find out what Brits think about blockchain and learn about … Read more

Thai Bitcoin Scandal Implicates Stock Exchange and Staff at 3 Banks

Staff at three Thai banks and an investor in the Stock Exchange of Thailand (SET) are among the people implicated in a mega bitcoin scandal, local media reported on August 16. According to the Thai police, several bank employees failed to report huge transfers to the country’s Anti-Money Laundering Office, a violation of the country’s … Read more

Bitcoin ETFs are a Terrible Idea: Andreas Antonopoulos

Announcing this week he intended to “burst” the ecosystem’s “bubble” because of “Lambos” and “to the moon, and all that,” one of the most respected thought leaders in cryptocurrency, Andreas M. Antonopoulos revealed he believes bitcoin exchange traded funds (ETFs) are “a terrible idea.” The author of The Internet of Money and the seminal Mastering … Read more

PR: Contentos Launches Public Content Chain

Contentos (COS) hosted its ‘Mastering your creativity with COS’ event at Andaz Hotel in Tokyo as part of a global tour. The event attracted major industry executives, including LiveMe CEO Yuki, Ontology founder Li Jun, Danhua Capital partner Selina, COS cofounder Mick, Blockshine CEO Daniel Zhang, Coinbase chief investment officer Ling, DAD Japan head Leslie … Read more

Over 60% of Top 100 Cryptocurrencies Have No Working Product, Study Claims

Of the top 100 cryptocurrencies listed by market capitalization, only 36 are actually what the authors term “working products” in a study recently published online. Newer ecosystem website, Invest in Blockchain, commissioned the study. It’s sure to be debated, and hotly, as to which coins made the cut to 36, but the authors attempt to … Read more

US Judge Orders Alleged Hacker to Pay Bail in Cryptocurrency

A US federal judge has ordered an alleged hacker to pay the equivalent of $750,000 in cryptocurrency for bail. The man was charged with hacking video game company Electronic Arts (EA), obtaining in-game currency used to buy and sell in-game items, and selling access to online games though black-market websites. Also read: Yahoo! Japan Confirms Entrance … Read more

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