Facebook to Be Sued for Defamation Related to Scammy Bitcoin Ads

In what is being referred to as a “groundbreaking lawsuit”, United Kingdom financial guru Martin Lewis is taking aim at Facebook’s lack of vigilance with regard to fake accounts. Mr. Lewis claims his likeness and reputation were used in multiple fraudulent instances, peddling mostly investment advice for assets such as bitcoin. Also read: James Bond-Like … Read more

Electroneum Hard Fork Electronero Combines Features From Different CryptoNote Currencies

When several weeks go by without a cryptocurrency hard fork, one would almost assume something is wrong. Luckily, that is not the case, and a new currency has been announced. Known as Electronero, this new altcoin is a hard fork of the Electroneum currency, which also borrows a lot of functionality from Monero. It’s an … Read more

St. Louis Fed Sees no Point in Central Banks Creating Monopoly Cryptocurrencies

In the world of cryptocurrency, there is a fair amount of competition as of right now. Until very recently, it seemed central banks would get in on the action as well, yet they have decided not to pursue this option any longer. A new report by the St. Louis Fed states that cryptocurrency developers are “welcome to create … Read more

James Bond-Like Villain in $2 Million Bitcoin Heist Caught in Amsterdam

Amsterdam police have announced the re-arrest of Sindri Thor Stefansson. He was initially arrested days ago in Iceland in connection with a bitcoin hardware mining caper that included 600 computers worth $2 million. In a James Bond-like villain move, after his first capture he managed to escape, reportedly hitching a ride on a plane carrying … Read more

Facebook Faces Defamation Lawsuit in Connection with Cryptocurrency-Related Advertisements

Things are quickly going from bad to worse for Facebook. The world’s leading social media platform is under fire from many angles. Despite their outspoken attitude toward cryptocurrencies, it has become evident they approved fake ICO advertisements using the name and image of Martin Lewis. More Legal Trouble for Facebook Over the past few months, things … Read more

Bitcoin Price Watch: Currency Spikes Beyond $9,000

It happened, folks! Bitcoin has broken $9,000! At press time, the currency is trading for just under $9,400 – a near $500 rise from yesterday’s high. Billionaire tech investor Tim Draper is referring to bitcoin as bigger than both the Internet and the Industrial Revolution, and with so many analysts predicting another massive breakout in … Read more

CheapAir Contemplates Dropping Coinbase in Favor of BitPay

With Coinbase shutting down the account of the WikiLeaks Shop, it has become apparent that other companies are rethinking their relationships with the service as well. CheapAir has made it clear that it is more than willing to switch Bitcoin payment processors in the future, depending on how the current situation evolves. CheapAir Isn’t too Happy with Coinbase It … Read more

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