Venture capitalist says bitcoin could be bigger than the internet
Venture capitalist Tim Draper knows a thing or two about forecasting and properly investing money. The 59-year-old was an early investor in Tesla, Hotmail, and Skype, but more recently his technology of choice has been bitcoin. At the Intelligence Squared U.S.
Bitcoin money laundering claims largely overblown says Quebec chief scientist
Bitcoin has been touted as the go-to for criminals in their illegal activities, such as money laundering, but Quebec Chief Scientist Rémi Quirion says that claim is blown out of proportion. Earlier this year, International Monetary Fund chief Christine Lagarde said at
Coinsecure reports $3.5 million worth of bitcoins are missing
Indian-based cryptocurrency exchange Coinsecure has announced that 438.318 bitcoins, or $3.5 million at the current bitcoin price, are missing and it's putting the blame on its chief security officer. Coinsecure, one of India's biggest cryptocurrency trading platforms, posted a message on
JPMorgan Chase hit with lawsuit for surprise fees related to cryptocurrency purchases
While banking giant Santander is being praised in the cryptocurrency community this week, another one bank, JP Morgan Chase, is getting ready for a legal battle. Chase has been hit with a million dollar class-action lawsuit that accuses the banking institution of charging surprise
Intel patent for bitcoin mining hardware aims to reduced electricity usage
A patent made public by the U.S. Patent and Trademark Office March 29, 2018, reveals that Intel, the technology giant, may be interested in getting its feet wet with cryptocurrency mining. The application for the patent was first submitted September
What cryptocurrency investors need to know about their gains and their tax liability
For most people, cryptocurrency taxes are often an afterthought, with some newer investors not even realizing that their gains are taxable. The general unawareness of tax liability among the general public has actually persisted for quite some time now, despite cryptocurrency-related
Twitter to ban cryptocurrency ads, CEO calls bitcoin currency of the future
Twitter, the microblogging platform, has joined the growing chorus of online entities that will ban cryptocurrency ads on its platform, according to Bloomberg Law. The move comes on the heels of other online giants, Google and Facebook, announcing similar bans