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Despite already setting a precedent in a previous case, the Israeli courts system is again called upon to stop a bank from shutting down a crypto business. This time, Union Bank tried to refuse operating an account to a mining firm – a service all companies need to legally operate in the country. Also Read: … Read more
A class action lawsuit has been filed against Ripple Labs, its CEO, and subsidiary. The plaintiff alleges that the defendants have violated the state and federal securities laws, engaging in schemes to raise hundreds of millions of dollars through the sale of unregistered ripple tokens (XRP). Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space … Read more
U.S. Patent and Trademark Office revealed this week JP Morgan Chase applied for a patent related to blockchain back in October of last year. It’s quite the turnaround for the bank, which has been on record as one of bitcoin’s and cryptocurrency’s biggest critics. Also read: Venezuela’s President Launches Crypto Funded Youth Bank, Encourages Mining … Read more
From a turf war over “the world’s first” bacon-backed coin to mining trucks chasing cheap electricity across Europe, the cryptocurrency world never has a dull day. These stories and many more were covered in this week’s daily editions of Bitcoin in Brief. Also Read: Young New Zealand Man Spared Jail for Dealing Drugs With Bitcoin … Read more
Betting with cryptocurrencies has grown significantly, including at the most famous US horse race, the Kentucky Derby. Using them to place bets on some of the web’s largest sportsbooks yields a number of benefits such as no fees and more frequent withdrawals. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Rising Trend of Crypto … Read more
State news agency Telesur reports Venezuela president Nicolás Maduro has announced formation of a youth bank funded by the country’s recently launched cryptocurrency, the Petro. Mr. Maduro also took the opportunity to urge countrymen to continue mining its state-backed digital money, including creation of mining farms. Also read: Only 1% of Business CIOs are Actually … Read more
According to regional reports Vietnam’s oldest Bitcoin Exchange, Bitcoin.vn, is about to lose its domain per order of the Vietnamese Government. The website that has been operating since 2014 has been accused of operating a blog without permission from the Minister of Information & Communications of Vietnam. Also read: Crypto-to-Cash Lending is Growing Quite Popular These Days … Read more
Today has seen the price of BTC rally to test $10,000 USD amid the bullish response to the increasing institutional presence in the cryptocurrency markets. In other trading news, fee-free exchange Cobinhood has announced the introduction of trading pairs for the ninth largest cryptocurrency by market capitalization, IOTA. In international news, Russian cryptocurrency Youtuber Pavel … Read more
Reward Expert used Google Trends traffic data for keywords such as Litecoin, Ripple, Ethereum, Bitcoin, and cryptocurrency in an effort to gauge US states interest levels for cryptocurrency during a three month period this year. The company then determined a weighted average and ranked US states by interest and usage. Also read: Only 1% … Read more
British entrepreneur Richard Branson has spoken out over the “worrying” spread of bitcoin scam stories and ads. Some of the most common are false endorsements and fake binary trading schemes, he warns. Advising everyone to remain vigilant, Branson suggests that users should report fake stories to the platforms which have published them. Also read: Facebook … Read more