Tag Archives for " Cryptocurrency News "

The ‘Wolf of Wall Street’ Thinks ICOs Are a Scam

Initial coin offerings (ICOs) are the “biggest scam ever,” according to Jordan Belfort, better known as the “Wolf of Wall Street.” Speaking at an interview with the Financial Times, the promotional speaker, former financier and convicted stock fraudster said that he expects projects utilizing the blockchain funding model – through which cryptographic tokens are sold […]

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Russian Entrepreneur Files for Trademarks on Vodka Brands “Bitcoin” and “Ethereum”

News Russian native and entrepreneur Dmitry Troitsky has plans on creating a product line of vodka named after some popular cryptocurrencies. Troitsky has filed for trademark patents in order to develop three distinct vodka brands called “Bitcoin, Ethereum, and Ethereum Classic.” Also read: Bitcoin Accessibility From a Blind Person’s Perspective Bitcoin, Ethereum, and Ethereum Classic Vodka […]

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China Renaissance CEO: Blockchain More Important Than Bitcoin

The head of a Chinese investment bank says he believes bitcoin’s underlying technology is more important than the cryptocurrency itself. Fan Bao, the CEO of China Renaissance, said in an interview with CNBC that while bitcoin’s market may be a bullish one, he believes that underlying blockchain tech is more attractive and “probably the most […]

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Bitcoin Thrives as Chaos Worsens in Venezuela and Zimbabwe

Ashour Iesho · October 25, 2017 · 4:30 pm As the economic crises in Venezuela and Zimbabwe further deepen, more and more citizens are turning to Bitcoin mining in order to survive.  Bitcoin is taking over Venezuela and Zimbabwe   In the last couple of months, the economic crisis in Venezuela has affected more and more […]

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Bank of Korea Criticized for Poor Crypto Research, Does Not Recognize Bitcoin as Currency

Regulation A parliamentary audit of the Bank of Korea revealed that it has done “poor” research on digital currencies including bitcoin and ether. The central bank’s governor told lawmakers that digital currency is not currency and promised to conduct more research on this topic. Also read: South Korea to Step Up Supervision of Bitcoin Trading After […]

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Stagnation Nation: Middle Class Wealth Is Locked Up In Housing And Retirement Funds

Authored by Charles Hugh Smith via OfTwoMinds blog, The majority of middle class wealth is locked up in unproductive assets or assets that only become available upon retirement or death. One of my points in Why Governments Will Not Ban Bitcoin was to highlight how few families had the financial wherewithal to invest in bitcoin […]

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“We’ve Built A Thousand-Year Cryptocurrency” – And It Works On Multiple Blockchains

Jeff Garzik’s start-up, Bloq, is launching a new cryptocurrency which can switch between blockchains. As Coindesk reports Long a controversial figure at the center of the debate on how best to scale the public bitcoin blockchain, Garzik’s company is today announcing what it believes will be a solution to the infighting he perceives as keeping […]

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