Day: January 26, 2019

Bank’s Refusal to Release $1.2B of Venezuelan Gold Strengthens the Case for Bitcoin

Bank’s Refusal to Release .2B of Venezuelan Gold Strengthens the Case for Bitcoin Venezuela’s economic crisis is impossible to ignore. President Nicolás Maduro’s attempt to withdraw $ 1.2 billion of the country’s own gold from the Bank of England (BoE) has been rejected. The notion of a sovereign state being denied access […]

Double Down Your Bitcoin Security by Utilizing 2FA Services

Double Down Your Bitcoin Security by Utilizing 2FA Services After obtaining your first bitcoins on an exchange, you’ll want to keep them safe, even if the funds are only sitting there temporarily. One way to keep your crypto secure online is by using two-factor authentication (2FA). Security is of utmost importance when […]

Swiss Bank Partners With Bitstamp to Enable BTC Funding and Withdrawals

Swiss Bank Partners With Bitstamp to Enable BTC Funding and Withdrawals Cryptocurrency exchange Bitstamp has partnered with a Swiss bank to allow the bank’s customers to fund their dollar-denominated accounts with BTC as well as withdraw funds in the cryptocurrency. Deposited coins are converted to USD. Withdrawals are converted to […]

Just Because Cryptocurrency Isn’t ‘Legal Tender’ Doesn’t Make It Illegal

Just Because Cryptocurrency Isn’t ‘Legal Tender’ Doesn’t Make It Illegal Central bank warnings about crypto assets may give the impression that cryptocurrency is illegal, especially since these entities often cite reasons as to why they’re uncomfortable with virtual currencies encroaching on their turf. But their assertions are often inaccurate, particularly […]

Tidbits: Jesse Powell Criticizes Custodial Ownership, Simon Dixon Slams the Banking System

Tidbits: Jesse Powell Criticizes Custodial Ownership, Simon Dixon Slams the Banking System Tidbits is a roundup of talking points from across the cryptosphere. Today, Jesse Powell and Samson Mow both voice their opinions on the custodial ownership of assets through trusted, third parties. Paul Sztorc shows the Bitcoin community that forks […]

Bitcoin Revolution Scam: Malta Warns of “Get-Rich-Quick” Scam

Bitcoin Revolution Scam: Malta Warns of “Get-Rich-Quick” Scam An alleged global scamming scheme called ‘Bitcoin Revolution’ is doing the rounds and traders are being warned not to fall for it. The Malta Financial Services Authority (MFSA) issued a warning against it today via an official document. Bitcoin Revolution The alleged crypto […]