A recent report by market analysis firm Arcane Research in conjunction with crypto exchange Luno, wrote that the lack of traditional financial infrastructure in Africa could make the continent great for crypto adoption. The report shed light on Africa’s financial…
Billionaire Tim Draper wants Millenials to own Bitcoin
Billionaire Tim draper has urged millennials to but Bitcoin, while in an interview with Fox Business. Tim said that buying Bitcoin would be a good way for millennials to store their value as they wait for retirement. Tim talked up…
German Bank Boosts Bitcoin with Negative Interest Rates Move
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…
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.
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…
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…
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…
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.
Cryptocurrency hackers attacked the website of Monero and delivered currency-stealing malware
In a recent incident, cryptocurrency hackers attacked the Monero website and delivered currency-stealing malware to uses that downloaded a wallet for Monero
Anthony Pompliano: Fed’s actions bad for dollar, good for Bitcoin
In the middle of a devastating pandemic as well as crushing economic downturn, the Federal…