2024-5-25 14:56 |
Ethereum founder criticized by Bitcoin maximalist and opposed to Satoshi Nakamoto
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In an otherwise dark room, there is a glimmer of light for Bitcoin and cryptocurrency enthusiast. While Japan, Singapore and other ASEAN countries are leading the way, demonstrating to the world that indeed Bitcoin is just but another disruptive technology that governments as well as private institutions can leverage for efficiency as well as cost […] The post Spending Bitcoin From Personal Wallet will be Illegal in the US, Wyoming Bill Criticized appeared first on Ethereum World News.
2019-1-23 14:00 | |
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Since Bitcoin began to pick up steam in 2016, the network, coupled with its core developers, has been criticized by cynics en-masse for its inability to scale. And while evident strides are being made, with solutions like the Lightning Network and Segregated Witness seeing rapid adoption, innovators have still sought to one-up the world’s first.
2019-1-18 16:06 | |
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On January 7, 2019, the government of Venezuela published a decree detailing the process of taxation payment with regards to cryptocurrencies and foreign fiat currency. As cryptocurrency becomes more widely used, the subject of its taxation inevitably comes up.
2019-1-11 08:38 | |
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The nation’s financial regulators have criticized Keplerk, a France-based financial technology (fintech) company, the Autorite des Marches Financiers (AMF) for allying with tobacco retailers in the country to enable them to sell bitcoin to clients through its bitcoin vouchers beginning from January 2019, according to a Finance Magnates report on November 26, 2018.
2018-11-27 06:00 | |
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There are several investors in the market that hold their virtual currencies rather than buying and selling according to market fluctuations. This is something that has been highly criticized by several experts in the crypto world.
2018-11-23 17:16 | |
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The Unknown Advantages Of Bitcoin Mining Often, Bitcoin mining is criticized for consuming huge amounts of electricity. In fact, some people say that the inefficient use of energy resources make the entire process uneconomical.
2018-11-23 04:18 | |
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In what is becoming an emerging trend, Twitter accounts of popular brands are being hacked in an attempt to scam unsuspecting users out of their cryptocurrencies. Target and Google are two high profile targets that have seen their accounts taken over by hackers who, in turn, have used them to scam followers by advertising fraudulent crypto giveaways.
2018-11-15 23:40 | |
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Jackson Palmer, the creator of Dogecoin, criticized the aspirations of many crypto enthusiasts who are waiting for large institutional organizations to enter the cryptocurrency market. According to him, their appearance will deprive the cryptocurrency world of its main advantage.
2018-11-14 14:22 | |
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Jackson Palmer, the founder of the cryptocurrency Dogecoin, has discussed what he calls the “re-centralization” of the cryptocurrency markets, and notably criticized the direction the industry is heading.
2018-11-10 23:00 | |
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Cryptocurrency mining firm Bitfury Group has closed a Series C, $80 million funding round led by EU-based Korelya Capital. The round also included crypto merchant bank Galaxy Digital, Lian and Jabre Group, Dentsu Inc.
2018-11-7 01:06 | |
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An article headline in MIT Technology Review heralds Vitalik Buterin saying Ethereum can’t succeed unless he takes a step back. Tone Vays almost wet his pants with glee at Vitalik’s imminent departure, before being put straight by the man himself.
2018-11-2 22:15 | |
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Historically, cryptocurrencies like Bitcoin have been criticized for their volatility, a trait which is often cited as a hurdle for crypto adoption in terms of real-world usage and increased interest from institutional investors.
2018-10-23 12:00 | |
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The dismissal market performance of so-called stablecoin Tether should not be the reason to spread FUD against it, clarified Mike Novogratz in his tweet. The billionaire Bitcoin bull, who recently criticized USDT for misbalancing its dollar-peg, later said that he believes Tether has every dollar for every USDT.
2018-10-20 15:19 | |
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Chart for LTC/USD (1W) Gemini just announced Litecoin (LTC) support. A new exchange backed by TD Ameritrade has already made clear its intention to list Litecoin (LTC). Coinbase already has it and so does Circle.
2018-10-13 18:00 | |
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Ripple (XRP) seems to be undeterred by Bitcoin (BTC)’s uncertain moves. It did fall yesterday like the rest of the market. However, it was very keen on reversing those losses today. The above chart for XRP/USD on the daily time frame shows Ripple (XRP) in a clear ascending channel.
2018-10-13 00:30 | |
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The most revolutionary invention in modern finance is being celebrated this week by cryptocurrency fans for its 10th-year anniversary. “Bitcoin Art (r)evolution” is a crypto-art exhibition in Paris that lasts through the first week of October and it showcases Bitcoin (BTC) inspired artistry from contributors all over the world.
2018-10-2 17:30 | |
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Cryptocurencies are often criticized for many reasons. Some of them are valid and others are not, but in either case they can be infuriating for the people in the industry sometimes. Fury is probably the sentiment that has driven the CEO of ShapeShift, Erik Voorhees, to bash the Wall Street Journal for a recent publication […]
2018-10-2 02:47 | |
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One of the partners at Arrington XRP Capital Michel Arrington recently weighed in on the persisting tribalism in the crypto community. He went further to highlight the reason his hedge fund has chosen XRP as its payment medium.
2018-9-27 15:29 | |
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CEO of bitcoin exchange Kraken criticized the latest actions of the New York State authorities, comparing them with a girl who pursues her ex-boyfriend even after their split.
2018-9-21 17:46 | |
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Last week, the Czechs witnessed a very peculiar political debate. The issue of crypto-mining was used as an argument for political attack seeking to discredit a minority party that criticized the inefficiency of the Czech administration.
2018-9-21 15:41 | |
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The world of cryptocurrencies is now moving from centralized exchanges to decentralized exchanges. Crypto enthusiasts have often criticized the single-point-of-failure architecture used in these platforms as it makes their funds vulnerable to security breaches and coin robberies.
2018-9-20 19:54 | |
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Since 2017, so-called “experts” in the finance sector have criticized Bitcoin for being too expensive. Yet, banks are pocketing 83 percent profit on every wire transfer. According to Bank of America’s official data, the $302 billion bank charges $30 for outbound domestic wire transfer and $35 for outbound international wire sent in foreign currency.
2018-9-19 16:00 | |
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University of Berkeley Professor Barry Eichengreen has taken a swipe at the viability of stablecoins in an op-ed published on Project Syndicate. The critique, entitled “The Stable-Coin Myth,” argues stablecoins are not automatically "viable" just because they are pegged to an asset, though Eichengreen does believe they have an advantage over "conventional cryptocurrencies" such as bitcoin which he says "is highly unstable" and "unattractive as units of account.
2018-9-13 18:07 | |
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Nouriel Roubini, a Stern School professor and prominent economist, has criticized the major correction of Bitcoin and the rest of the crypto market, claiming that Bitcoin will drop to zero. Tales From Crypt-Apocalypse: Bitcoin has lost 70% from the peak; Ethereum 85%; other Top 10 crypto-currencies about 90%; the remaining crypto-zombie-currencies between 95% & 99% of […] The post Stern Professor Says Bitcoin Will Hit Zero After 70 Percent Drop, Illogical Argument appeared first on CryptoSlate.
2018-9-11 08:00 | |
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Since Bitcoin miraculous rise overnight, many people have found it very hard to accept it. Its buzz has also made it impossible for even the biggest names in the world of finance and government to ignore.
2018-8-31 01:54 | |
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In an interview with NewsBTC, John McAfee said Bitcoin will “skyrocket soon” to become “enormously valuable. ” He also criticized social media sites for failing to stand up to the SEC which he described as “shadowy” and claims is “acting illegally.
2018-8-30 16:30 | |
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CNBC ‘Embraces’ Crypto With Fully-Fledged Documentary CNBC has quickly become near-infamous in the cryptocurrency community for its controversial coverage of this asset class. And while the mainstream media outlet’s coverage of crypto has been criticized time and time again, it seems that the firm’s higher-ups aren’t fazed, recently revealing that CNBC would be airing a […] The post CNBC Draws Flak For Upcoming “Bitcoin: Boom or Bust” Documentary appeared first on Ethereum World News.
2018-8-27 01:43 | |
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BitFi, John McAfee’s purportedly unhackable wallet, was heavily criticized by Trezor CTO Pavol Rusnak, after it threatened to challenge the solutions invented by the Czech Republic-based company with its patents.
2018-8-3 20:00 | |
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Bitcoin (BTC)–Bitcoin is again in the headlines being criticized by a Nobel Prize winning economist. Paul Krugman, one of the most accoladed and celebrated economists of our time, has again written in his contribution to The New York Times that Bitcoin fails to constitute money, but could also be responsible for erasing much of the […] The post Paul Krugman: Bitcoin Will “Set the Monetary System Back 300 Years” appeared first on Ethereum World News.
2018-7-31 20:03 | |
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The crypto industry has a nasty problem: while most of the world is investing in sustainable energy solutions, cryptocurrency mining is using exorbitant amounts of energy. Environmentalists have criticized proof of work (PoW) blockchains as unsustainable and wasteful.
2018-7-30 22:48 | |
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As Bitcoin mining becomes more expensive and is criticized as being detrimental to the environment, several initiatives are being put forward to reverse this situation. The latest move comes from Brookstone Partners, which involves building a 900-megawatt wind farm in Morocco dedicated to mining Bitcoin.
2018-7-28 08:00 | |
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Jeffrey Wernick, an independent investor who claims to have begun purchasing bitcoin as early as 2009, recently advocated that “everybody should put something into crypto. ” The investor also criticized the current financial system, describing cryptocurrency investment as sole viable means through which “a typical middle-class person [can] accumulate wealth.
2018-7-28 02:45 | |
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After being criticized by the bitcoin community for its overly draconian nature, it appears the New York authorities are now ready for serious business. U. S. -based bitcoin payments processor BitPay has been granted the BitLicense, making it the eighth cryptocurrency related business to gain the New York Department of Financial Services (NYDFS) approval in three years.
2018-7-18 14:00 | |
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OPINION: Ever since its entry into the mainstream, Bitcoin [BTC] has been criticized for being supportive towards illegal activities to the tune of money laundering and funding terrorists. Moreover, Bitcoin primarily gained prominence during the heyday of dark web-based black marketplace Silk Road, where illegal items such as drugs and unlicensed guns were purchased using […]
2018-7-17 17:29 | |
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The Justice Department alleges that the Russian intelligence officers who were indicted today in the Mueller investigation used cryptocurrencies like Bitcoin to purchase and fund their hacking operations.
2018-7-14 02:11 | |
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Concern is mounting over Bitcoin’s Lightning Network after an advisor to pro-Bitcoin Cash website Bitcoin. com almost doubled its capacity this week. Bitcoin. com Advisor Doubles Lightning Capacity Andreas Brekken, owner of Shitcoin.
2018-7-14 00:00 | |
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The South Korean government has been criticized for not doing enough to help prevent hacking at cryptocurrency exchanges. Data obtained by the regulators show that three crypto exchanges were hacked, with damage of almost $1 billion, after having gone through an inspection by the government.
2018-7-11 22:20 | |
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Nobel-Winner Joseph Stiglitz, ‘Dr. Doom’ Nouriel Roubini and former IMF chief economist Kenneth Rogoff all spoke negatively about the future of Bitcoin (BTC) in one day.
2018-7-10 18:56 | |
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The latest report from Imperial College London shows cryptocurrencies are poised to be used as a mainstream financial payment method. In the past, many researchers have criticized regarding the long-term potential of virtual digital currencies, but this time it’s the other way round.
2018-7-10 10:22 | |
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Facebook has reversed its blanket ban on cryptocurrency ads and will now allow pre-approved crypto businesses to advertise. However, ICOs and binary options will still be prohibited from the platform.
2018-6-29 03:24 | |
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Ethereum co-founder Vitalik Buterin has openly criticized Blockchain research company nChain’s latest patent award, calling for opponents to challenge it in court. Pure Invention? nChain, whose chief scientist Craig Wright claims to be Bitcoin creator Satoshi Nakamoto while heavily endorsing altcoin Bitcoin Cash, received its latest European patent for what it describes as a “digital security invention.
2018-6-27 06:00 | |
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A new China-based cryptocurrency exchange that launched in May is gathering critical reviews from the Chinese media because of its “trans-mining model” of revenue generation. The exchange’s trading volume witnessed an instant spike, surpassing some of the biggest exchanges in the world.
2018-6-25 20:38 | |
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Coinbase U. K. CEO Zeeshan Feroz said that the announcement of Ethereum Classic was more successful than Bitcoin Cash at the CryptoCompare MJAC 2018 conference today. He also spoke on the use of mobile payment networks to bring financial services to the unbanked, criticized the current financial payments system, and gave a roadmap to achieve widespread.
2018-6-13 17:30 | |
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