2022-7-20 20:40 |
It is a mistake to view Bitcoin’s success as a trade-off against the creation of credit. Its future depends on it, says our columnist, a partner at Castle Island Ventures.
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The FTX CEO said helping rescue crypto miners might help mitigate the credit contagion in the crypto sector.
2022-7-2 00:45 | |
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A curated weekly summary of forward-focused crypto news that matters. This week, derivatives dilute the value of Bitcoin, FTX extends a credit line to BlockFi, and Federal Reserve Chairman Powell says crypto needs a "better regulatory framework."
2022-6-27 23:30 | |
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It has been argued that Russia may avoid Western sanctions for invading Ukraine by using cryptocurrencies. However, is it viable? The small scale of the cryptocurrency market restricts Russia’s capacity to use cryptocurrencies to bypass international sanctions, according to credit rating agency Moody’s.
2022-5-9 17:02 | |
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"Money" will never be the same again after the Ukraine war, writes Pozsar, and Bitcoin may benefit.
2022-3-9 20:29 | |
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El Salvador’s bitcoin adoption could make it difficult for the country to access international loans. Its actions could hurt its chances of obtaining international loans. The country’s policy has been aggressive and attracted a lot of detractors.
2022-1-16 17:07 | |
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MoonPay makes it easier for people to buy crypto using their bank account, credit… The post People call us “PayPal, but for crypto”- MoonPay CEO says appeared first on Coin Journal.
2021-11-22 20:06 | |
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Standard & Poor (S&P) warned that El Salvador’s adoption of Bitcoin as legal tender might negatively affect its credit rating. The post Bitcoin usage has ‘immediate implications’ for El Salvador’s credit rating, TradFi says appeared first on CryptoSlate.
2021-9-20 23:00 | |
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S&P Global says this adoption has immediate negative implications on its credit rating while protesters in the central American country vandalize an ATM and carried signs reading “we were defrauded by Bitcoin.
2021-9-18 17:07 | |
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Polymarket says that it believes in “giving credit where it is due”
2021-9-14 22:44 | |
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Fitch Ratings has warned that El Salvador’s move to regulate Bitcoin (BTC) as legal tender could negatively affect credit ratings of the country’s insurance sector. The global credit scoring agency has joined the pack of El Salvador’s Bitcoin adoption critics, stating concerns about the country’s poor articulation of the crypto’s implementation in mainstream markets.
2021-8-18 07:00 | |
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All of this has been done in the name of keeping the customers’ money safe while Binance says, “If our partners have any concerns, we would welcome a dialogue to discuss,” adding UK regulator FCA’s notice to BLM, isn’t about Binance.
2021-7-6 17:31 | |
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Visa CEO, Al Kelly revealed the company’s plans to enable the buying of bitcoin using its credit cards during his recent podcast with Fortune’s ‘Leadership Next’. Kelly explained that the company plans to do two things.
2021-3-18 23:30 | |
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Visa says that First Boulevard will become its first partner to launch a new crypto application program interface (API) pilot program later this year. As reported by the credit card giant, this cooperation will empower Visa clients to access and integrate crypto features into its products.
2021-2-4 22:57 | |
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American Express says its venture arm, Amex Ventures has invested in Falconx the cryptocurrency trading platform that focuses on serving institutional trading clients. Amex’s investment, which was announced during a record-breaking week for bitcoin, underscores the credit card issuer’s desire to cash in on the growing institutional interest in cryptocurrencies.
2020-12-20 15:00 | |
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Intuit, which also owns TurboTax, is not allowed to control all consumer tax software, says DoJ.
2020-11-26 20:37 | |
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Scammers are taking advantage of one of Bitcoin's strengths, as once lauded by Satoshi Nakamoto.
2020-10-6 00:00 | |
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Credit default swaps (of “The Big Short” infamy) have come to the Ethereum blockchain. Opium Exchange says they can help crypto investors manage risk.
2020-9-3 16:00 | |
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Rampant crime is the main reason why Nouriel Roubini prefers using a credit card over Bitcoin
2020-6-14 13:26 | |
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The Bitcoin Association, which promotes Bitcoin SV, says the BSV network is now able to rival credit card processor VISA in terms of transactions per second
2020-4-29 05:52 | |
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On March 31, crypto exchange CoinEx disclosed they will become partners with Simplex in order to aid crypto credit card purchases. As per the exchange’s press release says, CoinEx users are now able to buy 5 digital currencies such as Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC) and Tether (USDT) with their credit […]
2020-4-1 22:37 | |
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Does last week's rally have strength or is it just a dead cat bounce? Credit Suisse says investors have 'no faith' in the latest stock market bounce. The post Dow Recovery Fades Because This Rally Has a Fake Fuming Bull appeared first on CCN.com
2020-3-31 14:43 | |
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NEXO will begin to execute a new improved policy of the 50% Interest Discount on its Instant Crypto Credit Lines, starting February 10th, announced the company on Wednesday. With the upgrade, the company says NEXO holders will see gains as “NEXO Token will experience a notable boost in its utility features.” To collect the whole 50% […]
2020-1-31 19:42 | |
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The US Treasury Department, which is in charge of government revenue, has been reported to experiment with blockchain tech in order to develop a system that tracks federal grants. The proof-of-concept (PoC) program that’s intended for a blockchain-based grant recipients’ letter of credit is about to be completed, says Craig Fischer, the manager of the […]
2020-1-14 20:46 | |
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The Fed's recession risk model has downgraded, but this economist says record consumer credit and household debt will crash the economy soon. The post The Next Recession Won’t Be Triggered by a Housing Market Crash: Economist appeared first on CCN.com
2020-1-13 16:00 | |
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“I don’t see a bubble right now. I see more serious business planning and solutions addressing client needs,” says UBS ex-CEO Peter Wuffli of the crypto sector
2019-9-23 13:53 | |
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The Apple Card is such a delicate piece of technological wonder it apparently needs its own cleaning instructions. Just kidding: it’s a fucking titanium credit card with fancy coating, which also happens to require a laborious cleaning process.
2019-8-22 11:35 | |
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Apple is rolling out its much sought-after credit card to select users today. The company said the card, issued in partnership with Goldman Sachs, will be made available to all iPhone users in the US later this month.
2019-8-6 16:52 | |
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Good morning! It’s the first day of a new week so you know what that means. It’s time for Hard Fork’s wrap-up of the weekend’s top cryptocurrency and blockchain headlines. Take a look. 1. Owners of Apple’s hotly anticipated credit card will not be able to buy cryptocurrency with it, Reuters reports.
2019-8-5 11:46 | |
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Chase Bank has been charging customers a cash advance fee for the purchase of cryptocurrency with their bank and credit cards. The judge has denied the motion to dismiss. The Chase company has been exploring a venture into the cryptocurrency industry, but recent actions have been upsetting the customers that they already serve. According to […]
2019-8-3 18:59 | |
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Spanish police have arrested 35 people allegedly involved in an international counterfeit bank card ring which laundered its profits using Bitcoin. Criminals made more than $675,855 (ˆ600,000) and laundered more than $891,250 (ˆ1,000,000), according to local media reports.
2019-6-14 12:51 | |
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Everyday consumers save various mileage points in market activities such as airline mileage, credit card points etc. Every platform says the user can use the saved points like cash, but it doesn’t make sense.
2019-5-2 14:33 | |
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After opening a credit line to Bitfinex, Tether Inc. has announced it practices a form of fractional reserve liquidity.
2019-5-1 11:24 | |
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A Houston-based economic analyst outlined that it’s very important to watch how Bitcoin behaves at the major resistance level at $6,000. Meanwhile, Fundstrat’s Thomas Lee has said that the cryptocurrency is “likely” to reach new all-time highs “around” 2020.
2019-4-30 14:00 | |
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Head of digital market assets at Credit Suisse, Emmanuel Aidoo, said that the culture within banks holds them back from adopting blockchain
2019-4-24 22:27 | |
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nChain’s Craig Wright claims that he is Satoshi Nakamoto, the creator of the most popular digital asset Bitcoin (BTC). Nonetheless, he has never decided to prove he is the real creator of Bitcoin. Many in the crypto industry do not believe that he is the real Satoshi Nakamoto, and because of this, he is suing […]
2019-4-20 23:45 | |
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A Canadian town mayor says using bitcoin to pay for property taxes has made transaction costs much cheaper. “The advantage of doing it as opposed to a credit card is the transaction costs are so much cheaper,” Mayor Lynn Dollin of Innisfil, Ontario told Day 6.
2019-4-15 17:30 | |
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Cryptocurrency bull Tim Draper has fired a shot at the chairman and CEO of JPMorgan Chase, Jamie Dimon, nearly two months after the big four U. S. bank announced the creation of a digital currency known as JPM Coin.
2019-4-8 17:45 | |
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A new loan market has emerged in which borrowers collect cash loans while staking their cryptocurrency as collateral, says an April 2, 2019 report from Bloomberg. Blockchain Borrowing Blockchain has many uses when it comes to the loaning of money.
2019-4-3 05:00 | |
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“The biggest problem I could think of was distribution. How do you share and educate both consumers and merchants on the power of bitcoin? I learned how much consumers loved earning and why merchants make decisions to adopt new technology.
2019-3-19 23:06 | |
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Cryptocurrency exchange Coinbase purchased controversial Italian software services provider Neutrino for $13. 5 million (ˆ12 million), a copy of a legal document dated February 15, 2019, and shared with Bitcoin Magazine reveals.
2019-3-7 20:29 | |
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It is official, Kroger, the $22. 35B, the US largest supermarket chain by revenue complete with 3,028 locations effectively becoming the fourth largest private employer is officially tired of Visa credit cards.
2019-3-5 23:53 | |
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A crypto lender that offers consumers an instant credit line says it has processed more than $300 million in seven months, making a net profit of $3 million. #SPONSORED
2019-3-4 19:10 | |
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Kroger is fed up with Visa’s outrageous fees. Instead of forking over the money to the credit card network, it will stop allowing its Smith’s Food & Drug Stores to accept Visa credit card payments.
2019-3-2 23:07 | |
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Bitcoin or another cryptocurrency won’t supplant PayPal and credit cards as payment options yet, but they could in due time. That’s the assessment of Lisa Ellis, an equity analyst with sell-side research firm MoffettNathanson.
2019-2-28 01:45 | |
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Kraft Heinz reportedly no longer believes its iconic coffee brand Maxwell House is ‘Good to the last drop’ (as the brand’s slogan says). According to CNBC, the food giant could sell Maxwell House among other assets.
2019-2-25 15:10 | |
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Meltem Demirors, a mathematical graduate from the prestigious Rice University and chief strategist at Coinshare believes that the trillion dollar consumer credit businesses are branching out towards the crypto space.
2019-2-22 18:54 | |
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A Central Bank Digital Currency (CBDC) is not good for a country’s financial stability, said the Bank of Korea in its latest report. Dubbed as ‘Central Bank Digital Currency and Financial Stability,’ the study found that the introduction of CBDC deposits would radically decrease the supply of private credit by commercial banks.
2019-2-8 14:20 | |
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Ever since the origination of Bitcoin, there have been many critics in the traditional financial system who went after it as an alternative. They quickly attacked, saying that cryptocurrency is slow, expensive, and even supportive of anarchism.
2019-1-31 18:15 | |
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Anthony Pompliano, the founder of Morgan Creek DigitalAssets, believes that Bitcoin is going to surpass Visa’s and MasterCard’s market capitalization in the next months. A few days ago, the European Commission sanctioned MasterCard with a $648 million fine claiming that the company raised credit and debit card fees in the different countries of the European […]
2019-1-24 14:02 | |
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Animoca Brands subsidiary Gravitaslabs has partnered with Ethereum layer 2 blockchain LightLink to bring new gamified and gasless engagement solutions to brands worldwide. According to a press release shared with crypto.
Nansen announced a strategic partnership with Scroll, an advanced Layer 2 solution designed to enhance the Ethereum blockchain’s speed and cost-efficiency. This collaboration aims to bring Nansen’s analytics and on-chain insights to the Scroll ecosystem, supporting the growth of decentralized…
Cardano is about to make a quantum leap with the forthcoming launch of Midgard, a permissionless Layer 2 solution that may alter the functioning of decentralized blockchain technology.
Chainlink's service is an integral part of many major blockchains but has not featured on Bitcoin until now.
Layer-2 network Scroll released its long-awaited native governance token on Tuesday. Traders have priced SCR at around $1.10, or a $212 million market cap, based on the circulating supply figure of 190 million.
Chromia has partnered with Mantle-based Chasm Network to enhance decentralized artificial intelligence transparency by utilizing its blockchain for data management. Chromia, a layer-1 blockchain platform, has announced a technical partnership with Chasm Network to enhance the transparency and accountability of…
A blockchain contains three main tiers: keeping safety as the top priority, making sure everything works all the time, and letting everyone participate in how a blockchain works. However, when many people use a blockchain at the same time, it…