Category: Crypto-News

Invest in Bitcoin Before U.S. Debt Spirals Out of Control

Controversial Internet pirate and bitcoin advocate Kim Dotcom is urging everyone to invest in gold and bitcoin because the U.S. government is adding $1 trillion to its debt every year, which will never be paid. The debt will destroy the U.S. and create a global economic collapse, Dotcom argued in a tweet. 1 TRILLION DOLLARS […]

‘Cosmochain’, Kakao’s First Blockchain Investment

Kakao, Korea’s largest social media platform with over 50 million daily active users, is targeting the blockchain-based beauty contents market. After announcing its entry into the blockchain market, Kakao’s subsidiary, Kakao Investment, executed an enormous investment in Cosmochain, a blockchain-based beauty platform. Cosmochain is planning to launch its first beauty social media application, COSMEE, on […]

Bitcoin Cash Lead Developer Banned From BCH Slack Channel

Bitcoin Cash lead creator Amaury Séchet has reportedly been expelled from the cryptocurrency’s Slack community following a dispute over his proposal to reduce transaction times using the “pre-consensus” framework. Prominent Bitcoin Cash promoter Roger Ver broke the news on a Reddit thread that attracted more than 800 comments. “Benevolent Dictator” of Bitcoin Cash Having been with […]

Bitcoin Price Rises 3% in Gloomy Crypto Market Recovery

Over the past 24 hours, the crypto market has slightly rebounded by adding $5 billion to its valuation, as bitcoin price recorded a three percent increase. Most tokens including Basic Attention Token (BAT), Augur (REP), Ontology (ONT), Pundi X (NPXS), and Zilliqa (ZIL), that have strong developer and investor communities, have fallen by 9 to […]

Another Major Investment Firm Says Bitcoin ETF Not Likely in 2018

Canaccord, the biggest investment firm in Canada, has said that the approval of a Bitcoin exchange-traded fund (ETF) is highly unlikely in 2018. In an official report entitled “Blockchain and Digital Assets: US Equity Research” Canaccord researchers Michael Graham and Scott Suh wrote: “And although the VanEck SolidX Bitcoin Trust, seen by many as the […]

Jamie Dimon Still a Member of the ‘Blockchain Not Bitcoin’ Brigade

Earlier this year, Elizabeth Stark, CEO of cryptocurrency development startup Lightning Labs, famously said that the industry had begun to enter a “bitcoin not blockchain” era as mainstream firms came to recognize the value of cryptocurrency technology. Not everyone, however, is ready to hop off the “blockchain not bitcoin” train. Speaking with the Harvard Business […]