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Back in July, news.Bitcoin.com reported on the cryptocurrency-backed USD lending platform, Blockfi, which raised $52.5m from investors in an investment round led by Michael Novogratz’s Galaxy Digital. On Monday, Blockfi announced the firm is now servicing residents from California and the latest expansion leads to the crypto-lending service being available in 44 states. Also Read: Novogratz’ … Read more
In an interview conducted earlier this month at the Chainxchange blockchain convention, Lilia Infante, a special agent with the U.S. Department of Justice (DOJ) who pioneered the DOJ’s first Cyber Investigative Task Force looking at the use of cryptocurrencies in criminal investigations, recently discussed her views regarding the adoption of virtual currencies. Mrs. Infante expressed … Read more
In an exclusive interview with Matt Aaron of the Bitcoin.com Podcast Network, Cody Wilson of Defense Distributed explains how he planned all along to defy US lawmakers. The same US District judge who last month prevented Mr. Wilson and his company from publishing 3D firearm blueprints online for free download has issued a more permanent … Read more
If you are a Bitcoin Cash (BCH) proponent you’ve definitely been hearing a lot about the upcoming hard fork scheduled for November 15. Most people have been discussing the conflict between the Bitcoin ABC developers and Nchain’s recently announced Bitcoin SV project. This week Nchain’s Steve Shadders shared a post concerning the Bitcoin SV client … Read more
In today’s edition of Bitcoin in Brief we cover stories about Binance exchange launching an incubator program meant to help the development of crypto startups and Coinbase adding educational information on the top fifty cryptocurrencies for its users. Also Read: Bitcoin-Themed Hostel Opens in Scenic Brazilian Town of Paraty Binance Launches Incubator Program Binance has … Read more
Asia Economy TV plans to broadcast a new blockchain survival television show called ‘Blockbattle — Who’s the Next Satoshi’ on October 19, showcasing a variety of crypto-development teams from all around the world. Blockbattle will air five episodes allowing viewers the ability to vote in real-time in order to choose the winner of this distributed … Read more
It has been a testing year for ICOs. Market conditions have made launching a tokensale more challenging than a year ago, when even the most ludicrous project was virtually guaranteed a $10 million raise. Several of 2018’s most successful ICOs, based on millions raised, have degenerated into its most disastrous, after plotting a journey from … Read more
The Bank of America Corporation has filed with the U.S. Patent and Trademarks Office for a secure means for the storage and custody of cryptocurrencies. The filing describes a system for recording and storing data pertaining to cryptocurrency transactions designed for enterprises. Also Read: UK Banks Freeze Company’s Accounts After Owner Traded on Localbitcoins Bank of … Read more
To outsiders, Bitcoin is a weird and wacky cult. Its devotees adhere to their own acronym-filled jargon, and have monetary theories that would make an economist blanch. Some of the movement’s more maverick characters are to be profiled in a CNBC documentary premiering this Monday. “Bitcoin: Boom or Bust” looks to be crass and compelling … Read more
In this week’s daily editions of Bitcoin in Brief we reported about a new Islamic trading platform, a couple of steps towards self regulation of the industry and a new app for matching buyers and sellers off-exchange. The most commented-on article during the week covered the claims by Ripple that its coin is more decentralized … Read more