A Decade After Lehman Brothers Died: Mises, Satoshi, Bitcoin, and Wall Street Worship

Op-Ed September 15, 2018 brings the post-industrial financial world to a ten-year milestone. Lehman Brothers Holdings Inc. was officially shuttered on this day in 2008, rocking the entire planet. The event occurred just 110 days before a revolution its collapse helped to spawn: Bitcoin. A little-known economic philosopher, Ludwig von Mises, tried to warn many years […]

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Overstock to Offer Bitcoin for Sale After Acquiring Bitsy.com Biometric Wallet

News Medici Ventures, a blockchain/crypto specific division of Overstock.com, has acquired Bitsy.com in an effort to finally merge the worlds of online retail with decentralized, digital cash facilitated by the Bitsy’s new biometric wallet. The Crypto Winter, assuming it ends at some point, might be best defined by what companies in the space did to prepare […]

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Bitpay CCO Holds Pessimistic Outlook for Altcoins

Altcoins In a recent interview, Sonny Singh, the chief commercial officer (CCO) of Bitpay, Inc, shared his outlook for the cryptocurrencies, emphasizing his optimism for the bitcoin markets, whilst also espousing a grim outlook for altcoins. Also Read: Bittrex to Launch Crypto Exchange in Malta Next Month “Big Entrants” Coming to Crypto Next Year – Sonny […]

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Blockchain DNA-Testing Lets Patients Sell Their Data

Recently, there has been a significant uproar surrounding many DNA testing companies after some of their data-selling deals began making the news. In the current climate, the blockchain healthcare startup TimiDNA has set itself apart from most of the industry by respecting the privacy of their clients and granting them ownership over their genetic data. […]

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Abra App Launches Support for Bitcoin Cash Deposits and Withdrawals

Wallets Users of the cryptocurrency exchange and wallet app Abra can now make deposits and withdrawals to their accounts with bitcoin cash (BCH). Bill Barhydt, the founder and CEO of the company, also published a video chat with Bitcoin.com CEO Roger Ver about bitcoin cash. Also Read: The Daily: Shapeshift Shuts Down Prism, Jamie Dimon Wants […]

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Canadian Regulated Bitcoin Trust Achieves Mutual Fund Trust Status

Finance A Canadian regulated bitcoin trust has achieved the mutual fund trust status, allowing eligible investors to invest in the trust through government-sponsored tax-efficient investment plans. The investment is approved by the Ontario Securities Commission and the British Columbia Securities Commission.  Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals Mutual Fund Trust […]

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Public Anger Forces Bank CFO to Quit Over Huge Money Laundering Affair

Finance Bank executives rarely get punished for their misdeeds, leading to many people distrusting the entire banking system as plagued with widespread corruption. But once in a while someone has to bite the bullet. Recently, public anger has forced a CFO of a major bank to quit after a huge money laundering affair came to […]

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SEC Takes Action Against ‘First US Regulated Crypto Asset Fund’

Regulation The U.S. Securities and Exchange Commission (SEC) announced on Tuesday that it has taken action against two cryptocurrency firms. Both mark the “first-ever” action of their kind by the Commission. One is against the “first regulated crypto asset fund in the United States” and the other is against an “ICO Superstore.” Also read: 160 Crypto […]

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Finra accuses broker of fraud over cannabis-focused cryptocurrency security

The Financial Industry Regulatory Authority has issued its first disciplinary action involving cryptocurrencies. Finra, a self-regulatory organization, on Tuesday filed a complaint against Timothy Tilton Ayre, saying he committed securities fraud and unlawfully distributed HempCoin, an unregistered, cannabis-focused cryptocurrency security. The complaint comes after scrutiny from regulators, including the Securities and Exchange Commission, in addition […]

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Korean Banks to Limit Services for Crypto Traders Without Real-Name Verification

Finance South Korean banks are reportedly taking measures to limit services for customers who are not using the real-name system. It has been over seven months since the Korean government introduced the crypto real-name system, but only 40-50% of accounts at the country’s top four cryptocurrency exchanges have been converted into real-name ones, according to […]

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