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…
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Ripple acquires Algrim, expands into Iceland
Ripple is expanding its engineering team by venturing into a new jurisdiction after acquiring Iceland-based crypto trading firm Algrim. Ripple will get six new engineers from the Algrim team with a focus on integrations with partner crypto exchanges. This team…
ECB Banker: Libra Could succeed where Central Banks have failed
Facebook’s Libra could potentially solve some of the problems that have plagued the international payments market for years now, but it might also create others if the regulators don’t get creative. This is according to a European Central banker 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…
4 Countries that are Strongly Against Facebook’s Libra
Different governments around the world were unsettled after American social media giant Facebook announced a permissioned Blockchain digital currency, named Libra. This proposed digital currency that is reportedly backed by a number of major national currencies, did not excite financial…
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
Bitpay Integrates Ethereum into Global Payment Systems
Bitpay has announced support for Ethereum, in report that indicated that the global Blockchain payments provider will now soon be able to safely, securely, and reliantly accept Ethereum. According to the announcement, businesses that use Bitpay will now be able…