Mark Cuban on Bitcoin: “I’d rather have bananas”

Billionaire investor Mark Cuban said that he would rather own bananas than own Bitcoin. The billionaire investor made these remarks in a video Q&A with technology news outlet, Wired. During the Q&A session, he answered to a Twitter user who…

Justin Sun: Crypto Lunch back on Soon

Tron founder and CEO, Justin Sun says he’ll reschedule the charity crypto lunch that was to be held in July with Berkshire Hathaway chairman and Billionaire Warren Buffett. According to Sun, the much talked about lunch will be held very…

IFRIC: Cryptos are neither Financial Assets nor legal Tender

The international financial reporting interpretations committee (IFRIC) has ruled that cryptocurrencies are neither financial assets nor legal tender. The Korea Times reported the development on Sep 23, citing the Korea Accounting institute’s briefing in regard to an IFRIC meeting held…

Nigerian Returns $80K worth of Bitcoin sent to him in Error

According to a report radio France Internationale, a Nigerian has returned $80,000 worth of Bitcoins sent to him in error. Nigerians have often received bad press due to a few individuals from that country who get involved in malicious activities…

Analyst: Bitcoin is still Quite Undervalued

Bitcoin is no doubt the best performing asset by far. As MarketWatch put it early this year, if you had invested a $100 in BTC back in July 16th 2010, your invested sum would have swelled to over $7,000,000 by…

A cryptocurrency exchange software bug in Kraken allowed users to buy Bitcoin cheaper than the market price

Crypto exchanges continue to face challenges. Recently, a cryptocurrency exchange software bug in the prominent crypto exchange Kraken allowed users buy cheaper Bitcoin

Watford FC sign-up Bitcoin as Official Sleeve Sponsor

Watford FC has confirmed Bitcoin as their official sleeve sponsor, in an announcement on their official website. The English premier league side will have the Bitcoin logo appear on the Watford FC shirtsleeve, as part of an educational drive led…

Facebook’s Libra backed by Several National Currencies

In its journey to get its very own Stablecoin approved by regulators, Social media giant Facebook reportedly shared details regarding the project’s proposed backing reserves. According to a Sep 9 Bloomberg report, the social media giant revealed to senators about…

A prominent economist and Wall Street veteran recommends Bitcoin hedge as a strategy against a global economic slowdown

Raoul Pal, a prominent economist and Wall Street veteran who was with Goldman Sachs earlier has recommend Bitcoin hedge as a strategy against the impending global economic slowdown.

Brazil Bank Adopts IMF Guidelines for Crypto Classification

The central bank of Brazil has moved to classify bought and sold crypto assets as per the laid out International Monetary Fund (IMF) guidelines. Brazil’s central bank announced its decision on Aug 26. Under the new IMF standards, traded cryptos…