Binance Invests $2.5 Million in Australian Blockchain Travel Startup

Binance has announced a $2.5 million investment in Australian travel startup TravelbyBit in a move to introduce a blockchain-based, point-of-sale (POS) payment system across major airports around the world. Travelers will be able to visit local merchants at select international airports and use mobile wallets like Coinomi and Dash Wallet for POS payments. There are […]

Op Ed: There Is a Satoshi of Truth in Every Joke

This rather long meme, which has been circulating lately, makes fun of the views of Bitcoin supporters by listing commonly made statements and contrasting them with contradicting statements or developments. This was obviously intended for humorous purposes, and as such, I should probably not take it too seriously. But as the titular proverb goes, there […]

Brazil Gives Investment Funds Green Light to [Indirectly] Buy Bitcoin

Brazil’s securities regulator, Comissão de Valores Mobiliários (CVM), has reportedly authorized investment funds to indirectly put their money in the cryptocurrency ecosystem, through the acquisition of derivatives and foreign funds. Brazilian Funds Can Now Gain Exposure to Cryptocurrency According to a circular issued by the Finance Ministry of Brazil, first spotted by local news outlet […]

Bitcoin Price Manipulated by Cryptocurrency Trading Bots: WSJ

Bots that manipulate bitcoin price are not new, and they aren’t going away, according to The Wall Street Journal. The problem continues to draw regulatory scrutiny, as it was cited by the Securities and Exchange Commission (SEC) when it rejected several bitcoin ETF applications in August. Andy Bromberg, president and co-founder of CoinList, which issues tokens, […]

Block.one Claims It’s the Most Used and Highest Performing Blockchain

After raising $4 billion through a record-breaking token sale, the Block.one team now claims that they have solved the scalability issue, leading the EOS-based platform to be the most scalable and highest performing blockchain platform in the world. The claims regarding Block.one’s ultra-high performance come just months after the platform first went live and closely […]

John McAfee-Linked Bitcoin Mining Firm Hit with Lawsuit over Pump-and-Dump Scheme

MGT Capital Investments, a bitcoin mining and cryptocurrency investing firm formerly associated with John McAfee, has been hit with a class-action lawsuit over allegations that its former CEO participated in a pump-and-dump scheme that manipulated the price of MGT shares. Bitcoin Mining Firm Faces Class-Action Suit The suit, which was filed by Rosen Law Firm […]

BitMEX Appoints Hong Kong Regulator to Position of Chief Operating Officer

In an effort to help them navigate the global regulatory landscape, BitMEX, one of the planet’s largest cryptocurrency exchanges, has appointed Angelina Kwan to the position of chief operating officer. Kwan is something of a veteran in the Hong Kong financial regulation space. Regulatory Expert Angelina Kwan Drafted into the BitMEX Team BitMEX has become […]