Major U.S. financial services company Capital One has filed a new patent application for a cryptocurrency analysis and trading system that will attempt to predict crypto market trends and generate trading decisions using artificial intelligence (AI). Capital One’s Cryptocurrency AI System The United States Patent and Trademark Office (USPTO) published a patent application on Aug. […]
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For years now, bitcoiners and cryptocurrency proponents have said the antiquated banking system will not continue to survive for very long and the financial system is showing massive cracks these days. The recent stimulus check fiasco is a prime example of the issue, as customers from PNC, JPMorgan Chase, US Bank, and Capital One have […]
Cryptocurrencies cannot be purchased with the new Apple credit card according to the American multinational technology company’s recently published customer agreement guidelines. The Apple card’s restrictions indicate that the company’s partner, Goldman Sachs, is leery toward cryptocurrencies and other “cash equivalents” like lottery tickets and casino chips. Also Read: Banks Stopped Walmart Bank – Now […]
The credit card company crypto squeeze continued this week with Discover Card announcing it would not allow its customers to use their card on cryptocurrency exchanges. It’s the latest in a string of credit card purveyors to block access. Also read: Tezos Swiss Foundation Concept is “Old, Inflexible and Stupid” Discover Card Removes Doubt: No Crypto […]
Various banks all over the world prevent their customers from buying or selling cryptocurrency. That is not a positive development, as people should be free to spend their money as they please. Unfortunately, that is not how the world works right now. Capital One is the latest bank on a growing list of banks blocking cryptocurrency-related transactions. Various complaints can be found across all of social media as we speak. Capital One Refuses to Process Bitcoin Transactions It is not the first time a major bank has decided to not process customer requests related to Bitcoin or other cryptocurrencies. These incidents usually involve