Cryptocurrency

Cryptocurrency
Crypto Crash Burns Speculators’ Dreams Of Cashing Out
August 22, 2018

The crypto landscape is littered with digital tokens, with promise and peril, with stories of booms … and, of course, more recently, busts. In fact, busts on a devastating scale. To date as a group, the losses have mounted for all the cryptocurrencies out there –...

Cryptocurrency
Coinbase Snares Patent For Bitcoin Payments Network
August 17, 2018

Coinbase, the cryptocurrency exchange, has snagged a patent that looks to bring a measure of security to payments done over bitcoin. As reported by several media outlets, including ones focused on cryptocurrencies such as CoinDesk, Coinbase’s efforts were published in a filing earlier this week. The...

Cryptocurrency
ICO Investors Fall For Exit Scams, Phishing
August 15, 2018

The founder of crypto startup Savedroid, which just raised $50 million in an initial coin offering (ICO), posted two photos on his Twitter account a few months ago — one of him at an airport and another one of him at the beach. The caption? “Thanks...

Cryptocurrency
Coinbase CEO Talks Down Bitcoin Adoption
August 15, 2018

Bitcoin may be outperforming beleaguered cryptocurrency brethren – but look out below, at least for now. Forbes reports that Coinbase CEO Brian Armstrong stated that even though cryptocurrencies are seeing a bit more adoption globally, it will not be enough to underpin prices. Said the...

Cryptocurrency
Cryptocurrencies Are 70 Percent Lower Than January Highs
August 15, 2018

Cryptocurrency is trading 70 percent lower than January highs amid frustration on the part of investors that it has taken off as a payment method and moved out of more speculative investments. According to a report in The Wall Street Journal, for the first time this week...

Cryptocurrency
Little Evidence That Tether Has The US Dollar Reserves To Back Tokens
August 13, 2018

Tether, the digital currency that is purported to be backed by U.S. dollars, has been surging in trading — with daily trading volume around $3 billion, behind only bitcoin. But the problem, according to the Wall Street Journal, is that there isn’t any evidence to...

Cryptocurrency
Cryptocurrencies End The Week Down
August 13, 2018

Cryptocurrencies ended the week on a down note, with all of the leading digital tokens lodging losses. According to a report in MarketWatch, Bitcoin, the leading cryptocurrency, ended the trading session Friday (August 10) down 1.9 percent on the Kraken cryptocurrency exchange. That comes after...

Cryptocurrency
Starbucks Isn’t Accepting Digital Tokens As A Payment Method
August 06, 2018

Starbucks is not accepting cryptocurrencies as a payment method, despite media reports that alluded to that. According to a report in Motherboard, the company said in an email statement that it is “important to clarify that we are not accepting digital assets at Starbucks. At...

Cryptocurrency
Goldman Sachs Cites Cryptocurrency ‘Mania’ As Second Half Risk
August 06, 2018

Goldman Sachs is warning that so-called “cryptocurrency mania” is among the six factors that will impact the markets for the remainder of this year. According to a report in CNBC citing the Wall Street bank’s mid-year economic outlook, Goldman Sachs warned of declines to come to the cryptocurrencies...