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Former Finance Secretary Urges Indian Government to Encourage Crypto Services, Regulate Cryptocurrencies
10.5.2021
Former Finance Secretary Subhash Chandra Garg, who headed the committee that drafted India’s cryptocurrency bill, says that the government should not ban cryptocurrencies but regulate them instead. He further urges the government to encourage crypto services. Indian Government Should Regulate...
Elon Musk Calls Dogecoin a Hustle and the Future of Currency That’s ‘Going to Take Over the World’ on SNL
10.5.2021
Dogecoin has a wild ride this weekend starting with Elon Musk’s Saturday Night Live (SNL) and ending with Spacex saying it will launch DOGE-1 mission to the moon. Musk called dogecoin “a hustle” on the show but also said that it is “the future of currency” that’s...
Joe Biden’s Trillion-Dollar Stimulus Bill Pushes Miami Mayor to Buy Bitcoin
10.5.2021
Miami Mayor Francis Suarez has revealed that he bought bitcoin and ether right after the $1.9 trillion stimulus bill passed the Senate, heading to President Joe Biden’s desk to be signed. He said bitcoin “is definitely going to go up … because I don’t think people are going...
ECB Chief Lagarde: Cryptocurrencies Prone to Money Laundering, No Intrinsic Value, Buy if Prepared to Lose all Money
9.5.2021
The president of the European Central Bank (ECB), Christine Lagarde, warned that cryptocurrencies are prone to money laundering. She agrees with the governor of the Bank of England, Andrew Bailey, who recently said that cryptocurrencies have no intrinsic value and investors should be prepared...
Edward Snowden Knocks Alex Gladstein’s Crypto Critique- ‘Worst Part of Dragon-Level Wealth Is People Devolve Into Dragons Themselves’
9.5.2021
On Saturday evening, the privacy advocate and well known whistleblower, Edward Snowden, spoke out against some criticism stemming from the Human Rights Foundation’s Alex Gladstein. Snowden attacked the tribalism taking place in the crypto space and said that some people “lose sight...
South African Regulator Apologizes to Crypto Firm After Issuing Then Withdrawing a Warning in Less Than 24 Hours
9.5.2021
South Africa’s Financial Sector Conduct Authority (FSCA) has apologized to a Cape Town-based crypto start, Ovex, less than 24 hours after warning that the firm was operating outside the law. Ovex Does Not Require Licence From FSCA In its May 7 retraction, the financial watchdog said...
US Senator Elizabeth Warren Bashes Cryptocurrencies Citing Environmental Impact, Investor Protections
7.5.2021
US Senator Elizabeth Warren sees several issues with bitcoin and other cryptocurrencies. She said that “we need a good strong regulatory agency that can continue to update,” claiming that cryptocurrencies invite “investors to come in without the ordinary protections of...
National Payments Corporation of India Says It Will Not Ban Cryptocurrencies Through UPI
7.5.2021
India’s payments authority, the National Payments Corporation of India, has reportedly said that it will not ban cryptocurrency transactions. Banks are to make their own decision whether to allow crypto transactions. The National Payments Corporation of India (NCPI), has refused to...
JPMorgan Boss Jamie Dimon Says ‘I Don’t Care About Bitcoin’ but Clients Are Interested
5.5.2021
JPMorgan CEO Jamie Dimon has reaffirmed his stance on bitcoin while acknowledging that his bank’s clients are interested in the cryptocurrency. “I don’t tell clients what to do,” he said while emphasizing that he does not care about bitcoin. Jamie Dimon Has No Interest...
E-Commerce Giant Ebay Looking at Accepting Cryptocurrency for 187 Million Buyers, CEO Reveals
3.5.2021
Ebay is looking at cryptocurrency as a payment option for its 187 million buyers on the platform, the company’s CEO has revealed. The e-commerce giant is also exploring opportunities in the non-fungible token (NFT) business. Ebay Looking Into Adding Cryptocurrency as Payment Option Ebay...
Berkshire Hathaway’s Charlie Munger Finds Bitcoin ‘Disgusting and Contrary to the Interest of Civilization’
2.5.2021
Berkshire Hathaway Vice Chairman Charlie Munger, Warren Buffett’s right-hand man, says he hates bitcoin’s success. “I don’t welcome a currency that’s so useful to kidnappers and extortionists and so forth,” Munger said. Buffett, on the other hand, dodged...
Billionaire Mark Cuban’s Million-Dollar Bet: BTC or ETH to Outpace the S&P 500 in 10 Years
1.5.2021
The American billionaire entrepreneur and television personality, Mark Cuban, has waged a bet with Creative Planning’s founder Peter Mallouk over the performance of cryptocurrencies versus the S&P 500. Cuban said on Twitter that the two should put $1 million into a stablecoin-based smart...
Actress Mila Kunis Reveals ‘I’m Using Cryptocurrencies’ After Getting Into Bitcoin With Ashton Kutcher 8 Years Ago
1.5.2021
Actress Mila Kunis has revealed that she and her husband, Ashton Kutcher, started investing in bitcoin more than eight years ago. She initially thought that investing in bitcoin was “a horrible idea.” However, now she is using cryptocurrencies and said she has never been happier to...
Shark Tank’s Kevin O’Leary Says ‘Bitcoin Will Always Be the Gold,’ Citing Interest From ‘All Kinds of Institutions’
1.5.2021
Shark Tank star Kevin O’Leary, also known as Mr. Wonderful, says “Bitcoin will always be the gold,” outperforming other cryptocurrencies, such as ethereum, in the long run. He said “there are interests being brought out of all kinds of institutions” for bitcoin. Kevin...
Fed Chair Jerome Powell Says Dogecoin and Gamestop Hype Highlights ‘Froth in Equity Markets’
30.4.2021
Federal Reserve Chair, Jerome Powell, discussed a number of topics this week such as inflation and central bank digital currencies (CBDCs) following the multi-day Federal Open Market Committee (FOMC) meetings. The central bank’s lead executive was asked about feverish stocks like Gamestop...
Image Optimization Strategies Compared (Sponsored)
30.4.2021
We all know the stats. Slower website performance is strongly linked to higher abandon rates and lower conversions. What you may not know is that the main culprit is bloated web page payloads, bringing down our otherwise performant web pages via images. That being said, images also drive...
All 200 Cryptocurrency Exchanges Could Be Shut Down Under New Regulation in South Korea, Regulator Warns
27.4.2021
The chairman of South Korea’s top financial regulator, the Financial Services Commission (FSC), Eun Sung-soo, has warned that all of the cryptocurrency exchanges in the country could be shut down. South Korea currently has about 200 cryptocurrency exchanges, he said. All Crypto Exchanges...
NFL Player for Kansas City Chiefs Sean Culkin to Convert 100% of Salary to Bitcoin
26.4.2021
An NFL player for the Kansas City Chiefs, Sean Culkin, will convert all of his salary to bitcoin. A proponent of the cryptocurrency, Culkin said, “I believe we are in the beginning stage of bitcoin’s shift away from being extremely speculative, to a legitimate asset class viewed as...
Fund Manager Bill Miller Says Bitcoin Is Not a Bubble — BTC Entering Mainstream as Demand Grows Faster Than Supply
26.4.2021
Bill Miller, the founder and chief investment officer of Miller Value Partners, does not think bitcoin is a bubble. Instead, he said it is at the beginning of mainstream adoption. Remaining bullish on the cryptocurrency, the famed value investor explained that bitcoin’s price will rise as...
Quantum Fund Cofounder Jim Rogers Insists Governments Could Ban Cryptocurrencies
26.4.2021
Veteran investor Jim Rogers, who co-founded the Quantum Fund with billionaire investor George Soros, is still worried about governments outlawing bitcoin and other cryptocurrencies. “If cryptocurrencies become successful, most governments will outlaw them, because they don’t want...