Germany’s first bank is demanding that savers pay it to hold their money. The bank is demanding payment to hold custody of their money even if it means one euro per account. According to multiple local press outlets, including the…
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Top Chinese Newspaper Features a Bitcoin Headline
Crypto twitter erupted Monday after report a crypto headline on Monday’s edition of the official state run publication of the people’s republic of china, Xinhua. The paper reportedly featured an article tilted ‘Bitcoin; The First Successful Application of Blockchain technology’.…
Layer1, an American start-up raises $50 million from billionaire Peter Thiel for Bitcoin mining in Texas
Layer1, an American start-up plans to build a giant hub for Bitcoin mining in Texas. The company has raised $50 million from billionaire Peter Thiel.
The US Fed prints new dollars worth more than the Bitcoin market cap, prompting questions
The US Fed prints new dollars worth more than the entire Bitcoin market cap, prompting a Bitcoin expert to suggest that investors should buy Bitcoin.
US Congressman: Facebook Should drop Libra and Adopt Bitcoin
Facebook’s Libra has been receiving a lot of attention since it was first revealed. It has been subject to international scrutiny, analyst scrutiny, and even US congressional scrutiny. U.S congressman Warren Davidson of Ohio’s 8th congressional district added his voice…
French Startup to Relaunch Crypto Payments Service in 5,200 Tobacco Shops
French crypto startup Keplerk will be re-launching its service to accept Bitcoin payments in over 5,200 tobacco shops in the country. The French startup had suspended this crypto service less than two months after its launch back in January, but…
Largest South Korean Convenience Store to Accept Crypto Payments Soon
The largest convenience store in Korea with 13,000 locations across the country CU, will soon be accepting crypto payments. According to local reports CU will integrate a payment system known as chai, which will enable consumers to utilize a Korean…
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…