Italy Bans Registration of Businesses Using Cryptocurrency
A lot of countries have been moving towards cryptocurrency adoption. But there's one country bucking the trend: Italy rejects cryptocurrency for its businesses. Businesses in Italy may no longer enjoy the benefits of a decentralized economy. Companies using a...
Coinbase Introduces Free PayPal Withdrawals
There's now a secret way to cash out your cryptocurrency using PayPal - might be incentive enough to get a PayPal card! Coinbase, a California based cryptocurrency company has enabled the option for free PayPal withdrawals for various fiat currencies. This move was...
Floyd Mayweather and DJ Khaled charged by SEC with Cryptocurrency Fraud
The SEC means business! It seems like the SEC was serious when they said that they’d pursue improper securities violations – DJ Khaled and Floyd Mayweather Jr. have both been charged by the SEC with promoting investments in Initial Cryptocurrency Coin (ICO) offerings...
Can The US Gov Sanction Bitcoin Addresses?
Seems like OFAC is digging into cryptocurrency! The United States Government has announced sanctions on two Bitcoin addresses. These two Bitcoin addresses are claimed to belong to two Iranians who assisted in exchanging Bitcoin ransom payments into Iranian fiat...
SEC Chairman says he’s Not “Comfortable” passing a Bitcoin ETF
We’ve received some guidance from the SEC regarding cryptocurrency/Bitcoin ETFs. The market has been anxiously waiting for some good news regarding SEC Bitcoin ETFs and today’s news might put a damper on those expectations. Exchange-traded funds, or ETFs, have been...
Bitfinex fights Tether FUD by adding Direct USD Markets
Bitfinex announces Tether neutrality! Bitfinex, today, through its Press Release, announced that its USDT (Tether) will be able to be traded directly with fiat with the addition of USDT/USD and EURT/EUR Tether trading pairs. This continues the trend that we here at...
Ohio is the First State in the US to Allow Taxes to be Paid in Bitcoin
The Buckeye State has had a good few days! First, the Buckeyes trampled the Wolverines, and now, in the world of cryptocurrency, Ohio allows Bitcoin tax payments! According to a report from The Wall Street Journal on Sunday, starting this week, companies in Ohio will...
Binance CEO: 2019 will be Cryptocurrency’s Breakout Year for Adoption
Mark CZ's words: 2019 cryptocurrency mass adoption will happen! 2019 might be the year that spearheads mass adoption, according to the CEO of Binance, Chanpeng Zhao. 2019 will be the year cryptos finally achieve true mass adoption - something that we've been touting...
Overstock Stock Rockets after Company Announced they will Pivot from Retail to Crypto
Overstock has always been crypto-friendly - it was one of the first major retailers in the world to embrace cryptocurrency. Now, Overstock CEO Patrick Byrne told the Wall Street Journal that he intends to sell Overstock's landmark retail business arm. According to...
Hacker Steals over $1 Million in Crypto from Silicon Valley Executive by SIM Swapping
The Silicon Valley cryptocurrency hacker Nicholas Truglia lifted $1 million in cryptocurrency, according to prosecutors. SIM Swapping is something that has risen in popularity amongst hackers, especially those who are targeting cryptocurrency users. What is a major...