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…
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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…
Rwanda’s Central Bank Explores Possible Digital Currency Launch
The top bank in Rwanda is currently looking into the development and issuance of its own digital currency. In a move that has caught a lot of people by surprise, the National bank of Rwanda has gone full throttle in…
Mark Yusko: Bitcoin is Schmuck Insurance
Morgan Creek capital CEO Mark Yusko referred to Bitcoin (BTC) as a “Chaos hedge, or Schmuck insurance”, in an interview with CNBC Fast Money on Aug 14. Yusko made this comments while pointing out the trouble of people judging Bitcoin…
Tom Lee: Bitcoin is a safe haven, Potential New all-time High Soon
Tom Lee, a senior analyst at market strategy and research company Fundstrat Global Advisors, is positive that Bitcoin is a safe haven for investors looking to make safe and reliable investments. In an interview on Aug 15 on the Fox…