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“I don’t have any bitcoin. I don’t own any cryptocurrency, I never will … You can’t do anything with it except sell it to somebody else.” So claimed Warren Buffet in an interview this week on CNBC. Over the course of the two-minute segment, the billionaire investor tore into bitcoin’s value proposition, and obliquely threw … Read more
In the cryptocurrency world, there are always some serious allegations to be found. In the case of EOS, it seems that “vote buying” is rather common, according to some sources. Whenever a governance model is introduced, vote buying will become a thing. EOS Block Producers may Begin Colluding In politics, this has been the norm … Read more
Cryptocurrencies, particularly Bitcoin, have been around for over 10 years now. Currently, we still can’t say that it has already reached the mainstream market, but many still see its potential. In the next years, it is expected that more people will be using cryptocurrencies to transact online. It was really in 2017 when many have … Read more
Cryptocurrencies have changed how online transactions are made and it may remain to do so in the next few years. Many people use cryptos like Bitcoin and altcoins like Ethereum, Litecoin, and DogeCoin in different ways. People mainly use these for online transactions as its quicker, safer, and somehow gives them anonymity as much as … Read more
Digital asset platforms have proven to be of great interest to financial service providers. Even Fidelity International is getting in on the action. The investment management firm has acquired a relatively big stake in OSL. Fidelity International Makes its Move That latter company is a major digital asset platform in Asia, primarily catering to professional … Read more
Facebook’s coin project, Libra, continues to draw attention despite setbacks, including a shrinking pool of backers and a growing number of worried regulators. But now with JP Morgan seeing potential for the social network’s cryptocurrency and e-commerce giant Shopify joining the Libra Association, its chances might have improved. Although, assuring governments that Libra won’t undermine … Read more
On February 21, the crypto Twitter commentator Dovey Wan published a series of tweets about an alleged SIM card hack that purportedly saw the loss of $30 million in bitcoin cash. The story stemmed from a Reddit post that’s now deleted and so far no one has provided any verifiable proof from the proclaimed victim. … Read more
Losing funds is not uncommon in the cryptocurrency space. This is primarily due to the ongoing rise in SIM swapping attacks. Several users have fallen victim to a SIM swap in recent years. BCH SIM Swap Story Seems Questionable It has proven to be a very effective method for criminals to exploit. One user claims … Read more
Wells Fargo, one of the largest U.S. financial services companies, has agreed to pay $3 billion to resolve the U.S. government’s investigations into fraudulent sales practices spanning over 15 years. The Wells Fargo fraud case involved the company forging customer signatures, moving money from millions of customer accounts to unauthorized accounts, and misusing customers’ sensitive … Read more
Twitter always seems to be up in arms when it comes to cryptocurrencies. This week, someone explained how Binance is now licensed to operate in Malta. While that is indeed a fact, it simply doesn’t matter. Binance Seemingly has Nothing to do With Malta Binance is not based in the country, thus obtaining an authorization … Read more