Bitcoin Price Watch: Currency Slinks Back a Bit Following Coinbase CEO Warning

Bitcoin – the world’s largest cryptocurrency by market cap – is now trading for just shy of $6,400 at press time. This is a little over $100 less than where it stood 24 hours ago. Bitcoin is likely scaling back a bit following some harsh comments from Coinbase CEO Brian Armstrong. As the head of … Read more

‘Crypto’ Thriller Starring Kurt Russell in Post-Production – Producers Share Details

Crypto, an upcoming cryptocurrency-themed movie starring Kurt Russell and Alexis Bledel, is currently in post-production. The producers share their thoughts, confirming that the “overall message of the movie is positive” despite it being a thriller centered on crime and corruption. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space ‘Crypto’ Thriller Coming Soon The upcoming … Read more

Paul Krugman: Bitcoin Has More Utility Than Gold

Recently at the ChainXchange blockchain conference, Paul Krugman took center stage at a panel of Bitcoin skeptics and supporters including Ripple Chief Market Strategist Cory Johnson and market research guru Thomas Lee. Prior to the discussion, Krugman delivered a presentation that focused primarily on the history and development of money, and ultimately how they relate to … Read more

ChainXchange Day 3: Steve Wozniak, Molly Bloom Discuss the “Brave New World” of Blockchain

Wednesday, August 15 marked the final day of the ChainXchange blockchain convention and conclusion of the main event of the first ever Las Vegas blockchain week. Fortunately, the convention did not end without a remarkable finale, as Apple co-founder Steve Wozniak and the inspiration behind “Molly’s Game” Molly Bloom gave presentations before joining Tone Vays, … Read more

Bitangels Co-Founder Sues AT&T for $224 Million Over Cryptocurrency Hack

The cryptocurrency investor Michael Terpin is suing the large telecom firm AT&T because his mobile phone was compromised by hackers who stole $24M USD worth of digital assets. Terpin says he was hacked twice in less than a year and employees at AT&T participated in a SIM swap fraud. Also read: Fivebucks.com: Meet the Freelancer’s Marketplace … Read more

Squire Partnership Gives Coingeek Exclusive Rights to 10nm ASIC Chip

On Wednesday, August 15, blockchain firm and mining organization Coingeek, led by entrepreneur Calvin Ayre, announced that the company has signed a deal with Canada-based Squire Mining Limited. Coingeek details the company will have exclusive rights to Squire’s new ASIC chips and mining rigs that mine bitcoin cash (BCH) and a variety of other cryptocurrencies. … Read more

Fivebucks.com: Meet the Freelancer’s Marketplace Powered by Bitcoin Cash

Three days ago a new freelancer’s marketplace was launched called Fivebucks.com, a platform that allows people to purchase and sell services for only $5. The new website has seen an influx of listings since it launched and all the payments, both inbound and outbound, utilize the peer-to-peer cryptocurrency bitcoin cash. Also read: Report: 15,000 Twitter … Read more

Bitcoin Price Watch: Currency Jumps by $500; Are the Bears Finally Scattering?

At press time, the top cryptocurrency in the world has jumped up by $500 and is now trading for just shy of $6,600. This is a monster improvement over yesterday, and a serious spike over where bitcoin has been meandering all week. The past few days have been particularly difficult on bitcoin and cryptocurrencies in … Read more

Bitcoin Illegal: Saudi Arabia Monetary Authority

Kingdom of Saudi Arabia (المملكة العربية السعودية) regulators issued a statement this week through its monetary authority. Cryptocurrencies such as bitcoin are illegal in the country. Citing “negative consequences” and “high risk,” the government believes it must protect subjects from themselves.   Also read: Report: 15,000 Twitter Crypto Scam Giveaway Bots Saudi Arabian Monetary Authority … Read more

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