Bitcoin

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Rubles Can Buy You Petro Maduro Says While Denominating Venezuela’s Currency

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El Petro, the Venezuelan cryptocurrency, can now be purchased with Russian rubles, among other fiat currencies, President Nicolás Maduro announced. Companies from many countries, including the United States, want to buy the oil-backed crypto, he added. Venezuela’s head of state also said he decided to denominate the national currency, the bolivar.  Also read: Venezuela Recruiting … Read more

Twitter CEO Jack Dorsey Hails Bitcoin as the Future of Global Finance

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Jack Dorsey, the brains behind Twitter and Square, has once again expressed his support for cryptocurrencies. In his most recent interview, Dorsey predicted that Bitcoin will be the only currency used for internet transactions in the coming 5-10 years. Speaking with British publication The Times, Dorsey said that even with the value slump that Bitcoin … Read more

Payza Faces Major Money Laundering Charges in the US

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Most people are familiar with the company Payza. This particular service provider integrated cryptocurrency payments quite some time ago. It now seems the US government has taken a rather harsh course of action against Payza. The company faces charges of running an unlicensed money services business. US Government Cracks Down on Payza Any company dealing … Read more

20% of University Students Use Financial Aid to Buy Cryptocurrency

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During March 16th through till March 20th of this year, The Student Loan Report teamed with Pollfish to survey 1,000 current university students with related loan debt, asking one question: Have you ever used student loan money to invest in cryptocurrencies like Bitcoin? The results surprised even the pollster. Also read: Bitcoiners Demand More Crypto CFDs … Read more

Zhao Dong Recounts How He Lost 9,000 BTC

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Famed Chinese OTC bitcoin trader, Zhao Dong, recently shared the story of how he first entered the bitcoin markets, the losses he incurred, and his views on speculation in the cryptocurrency markets. Also Read: Snowden on Bitcoin: Blasts Public Ledger and Core Developers Zhao Dong’s Rocky Start in the Cryptocurrency Markets Zhao Dong, the founder of … Read more

Chinese Exchange Bitasia Now Supports 0-Confirmation BCH Transactions

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Earlier this week the Chinese exchange Bitasia announced it started accepting zero-confirmation transactions for bitcoin cash (BCH) for instant trading. The trading platform is one of the first exchanges to enable zero-confirmation transactions so traders can use the platform as quickly as possible. Also read: Québec Premier: We’re Not Really Interested in Bitcoin Mining Chinese Exchange … Read more