Former Federal Deposit Insurance Corporation (FDIC) chair Sheila Bair was given a platform on Yahoo! Finance to share her thoughts on the world’s most popular cryptocurrency, bitcoin. While she trucks in regulatory speak, some of her ideas might surprise crypto enthusiasts. Also read: Bundesbank Board Member: No Plans to Issue State-Backed Cryptocurrency Bitcoin’s Value is […]
The post Former FDIC Chair Sheila Bair on Bitcoin: “Value — Like Beauty — Is in the Eye of Beholder” appeared first on Bitcoin News.
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One of the major benefits of decentralized exchanges is that they can’t be hacked – or so the theory went. As Etherdelta’s users found out last week, however, that’s not quite true. After accessing the site’s DNS records and replacing the domain with a sophisticated fake, attackers were able to hoover up hundreds of thousands […]
With less bitcoin holders bothering to claim forked coins, the public’s appetite for chain splits is clearly diminishing. Developers, though, seem determined to keep pushing out fresh forks to a diminishing band of recipients. One of the toughest challenges that forkers face is finding wallets and exchanges willing to distribute the newly birthed coins. Large […]
The Year of Bitcoin continued apace with Fidelity Investments Charitable collecting a whopping 22,000,000 USD in the world’s most popular cryptocurrency. Bitcoiners are known for their generosity, and Fidelity has developed quite a relationship with the ecosystem especially over 2017. Also read: Bundesbank Board Member: No Plans to Issue State-Backed Cryptocurrency Fidelity Investments Charitable Breaks […]
Vietnamese authorities have announced that they are investigating establishments that accept bitcoin for payments. This follows reports that restaurants and cafes are still accepting the digital currency despite the government warning that bitcoin is not a legal means of payment in Vietnam. Also read: South Korea Clarifies Position After Reports of Possible Ban on All Crypto […]
Bitcoin and other cryptocurrencies’ recent meteoric rise (and subsequent retracement) has gotten the attention of many. People who had never heard of Bitcoin before or had previously disregarded it are interested and asking questions. Unfortunately for you, some of those people are likely going to be your family members at holiday gatherings, and most of them probably still have no idea what they are actually asking. These are the questions you may face, and while this article is a little fun, it is important to remember that if someone is asking you about it – even if they don’t know what they
Online German news site, €uro am Sonntag, interviewed Bundesbank board member Carl-Ludwig Thiele who revealed the European Union has no plans to issue a state-backed cryptocurrency. He also goes on to agree with the idea that bitcoin was a direct reaction to the 2008 financial crisis, and how “our currency, the euro, is essentially based […]
Bitcoin never sleeps or slows. With the holidays approaching, there was zero chance of the world’s leading cryptocurrency taking a break so we could tend to last-minute shopping and drinking. Like the primadonna that she is, this week in bitcoin continued the year’s trend of hogging the limelight, with tales of rising fees and Coinbase […]
Satoshi Nakamoto is the original hodler, having left the bulk of his coins unmoved since day one. The theoretical wealth of bitcoin’s pseudonymous creator is a hot topic, and one that the mainstream media are especially fond of pondering. In recent weeks, bitcoin’s record highs have propelled Satoshi into the billionaire league, making him one […]
Chinese cloud-based solutions service, Seven Stars Cloud Group, Inc. (SSC), announced this week its 27 percent purchase stake of US crypto blockchain exchange Delaware Board of Trade Holdings Inc. (DBOT). SSC is owned and run by entertainment mogul Bruno Wu, who many analysts believe is trying to get in on the near-half a trillion cryptocurrency […]