Tag: bitcoin

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Bank of England Governor: Bitcoin ‘Has Pretty Much Failed’

The governor of the Bank of England has spoken out against bitcoin arguing that it's neither a store of value or useful to purchase...

Australian Consumer Watchdog Received Over 1,200 Cryptocurrency Complaints in 2017

Australia's national consumer watchdog reportedly received over 1,200 complaints about cryptocurrency scams last year.According to ABC's 7.30 program it received new figures from the Australian...

Deloitte Blockchain Tax Head: Misconception on Reporting Cryptocurrency Tax

The blockchain tax lead at Deloitte has said there is a misconception that investors only have to report their cryptocurrency tax when their coins...

S&P Global: Bitcoin Is Unlikely to be a Destructive Force in the Finance Sector…For Now

A market intelligence group has said that cryptocurrencies such as bitcoin are a long way off from being a destructive force in the financial...

There are now 226 Cryptocurrency Hedge Funds in Operation Around the World

There is a bright future ahead in the world of cryptocurrency hedge funds. More and more of these ventures are launched every single fiscal...

Wyoming’s Senate Bill 111 Favors Cryptocurrencies over Federal Reserve Money

Cryptocurrency regulation has always been a contested topic in the United States. In Wyoming, a new bill is on the table to exempt cryptocurrencies...

Vice Chairman of Berkshire Hathaway Calls Bitcoin ‘Noxious Poison’

Bitcoin is once again within sight of $10,000, yet according to one individual the currency is 'noxious poison.'That person is none other than U.S....

Law Firm Advises Divorcing Couples Fighting Over Cryptocurrencies

Cryptocurrencies are becoming such an attractive asset to hold that divorcing couples have taken to fighting over them. It's no longer a case of...

Fidelity: Bitcoin Charity Donations Raise Nearly $70 Million in 2017

Bitcoin charity donations saw a near 10-fold increase in 2017, with the appreciation of the digital currency contributing to donors charitable nature, according to...

Commonwealth Bank Halts Payment Card-based Bitcoin Purchases Without Prior Warning

Obtaining Bitcoin through regular payments is becoming a lot more complicated in the future. It is evident there is a lot of negative pressure...

GpuShack Drops Bitcoin Support in Favor of Bitcoin Cash, Ethereum, and Litecoin

Quite a few companies no longer like Bitcoin all that much. This trend is only normal given the recent network issues. GpuShack is finally...

Kraken CEO Jesse Powell Warns Novice Users About Market Volatility

Exchange operators are aware of the risks associated with cryptocurrency. In fact, they may know this better than anyone else. Jesse Powell, CEO of...
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