Can Buy Bitcoin! ING Retracts Its Statement on Twitter
As the popularity of bitcoin increased, it started appearing as a threat to the conventional banking industry. The threat combined with a lack of clarity regarding bitcoin regulations has got many banks across the world refusing their services to bitcoin based businesses and bitcoin users. As the bitcoin adoption has still not crossed the threshold, people are forced to use traditional banking services to complement their bitcoin transactions. There have been many instances in the past where banks have frozen their customers' bank accounts for dealing with bitcoin. Even many bitcoin....
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Digital currency markets have seen some decent gains this week, as the overall market valuation of all 7,000+ crypto assets is hovering above the $446 billion mark. Traders also watched the price of bitcoin jump above the $16k zone on Thursday for the first time since 2018. Bitcoin and a number of other crypto-assets have been climbing northbound in price on Thursday, November 12, 2020. At the time of publication, the entire crypto-economy is up over 2% and valued at $446 billion today. During the early morning trading sessions on Thursday, bitcoin (BTC) touched a high of $16,177 on....
Australia-based startup Bitcoin Group has delayed its listing on the Australian Securities Exchange (ASX) after it found itself in trouble over doubts raised by the corporate watchdog on the involvement of the Australian Prime Minister Malcolm Turnbull and also on, what the company thinks were, the "misstatements" about the company's profitability. Bitcoin Group has already received the approval of Australian Securities and Investment Commission (ASIC) on 4 September 2015 for an AU$20 million public offer. With the new developments, now the company has now set its eyes on 11 December 2015....
The statement from the Securities Commission of The Bahamas refutes a claim from FTX that it has been facilitating withdrawals in accordance with Bahamian regulations. The Securities Commission of The Bahamas (SCB) has denied instructing or authorizing crypto exchange FTX to prioritize withdrawals of Bahamian clients. In a statement on Nov. 12, the securities commission vehemently denied a Nov. 11 statement from FTX on Twitter that suggested it had been instructed by “Bahamian HQ’s regulation and regulators” to facilitate the withdrawal of Bahamian funds. “The Commission wishes to advise....
The internet entrepreneur and former CEO of Twitter, Jack Dorsey, claims if developers are building on Ethereum they have “at least one, if not many, single points of failure.” The statement was in response to Vitalik Buterin’s commentary concerning Elon Musk running Twitter.
Former Twitter CEO Criticizes Projects Building on Ethereum
Jack Dorsey doesn’t seem to be interested in anything to do with the Ethereum network, and last Friday he criticized the project. The Twitter conversation started when Ethereum’s co-creator, Vitalik Buterin,....
Dorian Nakamoto outside of his residence. (NYT) Dorian S. Nakamoto, the man Newsweek alleged to have created the Bitcoin protocol, has hired a lawyer and issued a statement regarding his involvement with Bitcoin. First reported by Reuters' Felix Salmon via twitter, Nakamoto's statement released through his lawyer states plainly, I did not create, invent or otherwise work on Bitcoin. I unconditionally deny the Newsweek report. The statement goes on to reiterate that the first time Nakamoto ever heard the term "Bitcoin" was when the Newsweek reporter, Leah Goodman, contacted his son on the....