Cryptocurrency Archives

Facebook Plans to Launch New ‘Libra’ Cryptocurrency, Backed by 28 Companies, Including VISA, MasterCard and PayPal

June 20, 2019 Breitbart 3

The goal of the new cryptocurrency is to create a new payment system for purchases on Facebook and across the Internet, as Facebook has 2.4 billion members who are active each month. There are reports that the investors will have full access to Facebook users’ financial data.

Ohio Is Set to Be the First US State to Accept Bitcoin for Taxes, According to WSJ Report

November 28, 2018 ZeroHedge 0

Ohio’s Treasurer, Josh Mandel, says he will accept tax payments from businesses in digital currency. Mandel says he is empowered to make this decision decide “without approval from the legislature or governor,” because he is an elected official.

Bitcoin and Cryptocurrency Prices Tumble. Miners Pull the Plug on ‘Mining’ Operations.

November 22, 2018 ZeroHedge 0

Major price dips are to be expected rather than viewed as the end of the market. The reason so few people never buy low and sell high is when prices fall they run for the exit doors instead of seeing it as possibly the opportunity they are hoping for. See full commentary.

The Federal Reserve Plans to Roll Out Its ‘Patriot Act’ AML Bitcoin Cryptocurrency by 2020

October 16, 2018 Crypto Viewing 2

The Federal Reserve plans to have a cryptocurrency system, transforming our nation’s payment system by 2020, under the ‘Faster Payment Environment.’ The Federal Reserve is endorsing the AML Bitcoin that is compliant with the Patriot Act biometric identification.

Goldman Sachs Launches a Cryptocurrency Called US Dollar Coin (USDC). A Company Owned by the Federal Reserve Will Regulate It.

October 4, 2018 perc360 0

Goldman Sachs’ startup cryptocurrency company, Circle, is launching the US Dollar Coin, or USDC, with the goal of replacing US currency. Coinbase, which is owned by the Federal Reserve, is on track to become the nation’s crypto-regulatory agency.

Bitcoin Drops 12% on Google Ban on Advertisements for Cryptocurrencies

March 19, 2018 Investing 0

Google banned ads for cryptocurrencies including ICOs, crypto wallets, cryptocurrency exchanges, and services related to providing crypto trading advice. Twitter is considering a similar ban. The price of Bitcoin dropped 12% in response to the news.

Coincheck in Tokyo Loses $400-Million in Cryptocurrency Heist

January 30, 2018 Endgadget 0

Japan: A cryptocurrency exchange called Coincheck was hacked on January 25 and lost $534-million in NEM tokens, a lesser-known cryptocurrency. This loss is higher than the Mt. Gox theft of 2014. Coincheck says it will use its own money to reimburse all 260,000 affected users, though it didn’t specify when it will start disbursing funds.

Bitcoin Surges Over $9,500 After Korean Bank Tests Crypto Wallet for Customers

November 27, 2017 ZeroHedge 1

Bitcoin makes another dramatic advance, this time above $9,500 as Korea’s second largest bank, Shinhan Bank, tested Bitcoin services for its clients. The bank intends to manage and issue the private keys of bitcoin addresses and wallets. Shinhan is no small enterprise with $192-billion in assets and over 13,000 employees in 2016. Bitcoin now has a market cap over $156-billion, leaving the cryptocurrency worth more than Merck, Disney, and GE.

The US Government Will Create a Cryptocurrency — And You Will Be Forced To Use It

September 28, 2017 Bitcoin 6

The Federal Reserve could issue its own cryptocurrency with a centralized economy that will go cashless, which is the end goal of the banksters.