Bitcoin

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Ukraine to Compensate a Citizen in Bitcoin – for ”Moral Damages”

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A district court in Kiev Oblast has accepted a lawsuit which is setting a precedent in Ukraine. The plaintiff seeks compensation in bitcoin for “moral damages” caused by law enforcement officials. A preliminary hearing has been scheduled after the presiding judge found no legal grounds to reject the claim. Also read: Lawsuit Challenges Google’s Ban … Read more

Bitcoin Price Watch: Another Jump Despite Clashing Factors

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Bitcoin has enjoyed a small jump following yesterday’s monthly low. At press time, the coin is trading for just over $8,300 following a rough stint that saw it meandering at the $7,600 mark during the early hours of March 18. For every factor contributing to bitcoin’s rise, there seems to be one knocking it back. … Read more

PayPal’s Peter Thiel Calls Bitcoin “Digital Gold”

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While many politicians and heads of corporations continue to lambast cryptocurrencies, PayPal co-founder and venture capitalist Peter Thiel has backed Bitcoin yet again, calling the virtual currency the future of finance. Thiel has been a vocal proponent of Bitcoin for some time now, and has been advocating the use of cryptocurrencies and blockchain since 2017. … Read more

Israeli Crypto Companies Banned From Stock Exchange Indices

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In a bid to reduce systemic risk, the Israel Securities Authority has announced that it will not include companies operating in the cryptocurrency industry will not be included in the country’s stock exchange indices. News of the determination has been published alongside a public warning issued that seeks to inform prospective investors of the risks … Read more

The Current Crypto-Bear Run Will be Nothing Like 2014

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Since the beginning of the new year, the past three months has seen most cryptocurrencies lose over 60 percent of their values. Bearish markets have started to spark 2014 memories when BTC/USD markets and many altcoins suffered from a year-long downturn. Surely there have been few similarities to the current 2018 bear run and the … Read more

G20 Watchdog Says Cryptos Not a Risk, Resists Calls for New Rules

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The Financial Stability Board, G20’s global watchdog, does not consider cryptocurrencies a risk to financial stability. In a letter to the Group of 20 central bankers and finance ministers, its Chair Mark Carney said FSB was pivoting away from designing new policies and focusing on reviewing existing rules. His comments suggest there is no G20 … Read more