Nordea Bank Accused of Money Laundering After It Banned ‘the Risky’ Bitcoin

In January this year, Nordea bank banned its 31,000 employees from buying Bitcoin and other cryptos. The bank, which is the largest in the Nordic region, termed Bitcoin as too risky and as having the potential to be used in crime. Nine months later, the bank has been implicated in an alleged money laundering scandal. … Read more

Bitcoin Cash Price Heads to $425 As Crypto Trading Volume Dries Up

The current cryptocurrency market momentum isn’t looking all that great. Bitcoin is down by nearly a full percent again, which doesn’t bode well for altcoins and tokens. Even Bitcoin Cash, often rather resilient compared to Bitcoin, is feeling the pressure right now. A dip to $425 and potentially lower appears to be a matter of … Read more

Goldman Sachs and Novogratz Participate in Bitgo’s $58 Million Series B Funding

The race for the cryptocurrency custodial king is quickly heating up. Just days after Fidelity Investments announced that it would offer crypto security and storage services, BitGo has announced the closing of its Series B funding round. The startup offers crypto custody solutions through its BitGo Trust subsidiary. The $58.5 million round saw participation from … Read more

Infamous Hacker George Hotz Calls Bitcoin Cash the ‘Real Bitcoin’

Well-known American hacker George Hotz, also known as Geohot, has been talking extensively about cryptocurrencies lately, and more specifically about bitcoin cash. On Wednesday, Oct. 17, Hotz published a cryptocurrency programming video using bitcoin cash and showed people how to send a BCH transaction from scratch using the Python programming language. Also read: BCH Devcon Streamlines … Read more

Bitcoin Price Watch: Currency Remains Stagnant, but Business Is Booming

At press time, bitcoin is still trading in the $6,400 range, and remains unchanged since our last price piece. The sideways movement is continuing for the time being, but $100 shorter than where it stood previously. A few weeks ago, bitcoin was trading at $6,500. The price remained there for some time, and many couldn’t… … Read more