Jack Dorsey Unveils Square Crypto, How Will It Help Bitcoin?

As made easily apparent by a mass of recent developments, like Vitalik Buterin’s latest topical update on Ethereum, Samsung’s consumer-facing crypto solution, and the swelling Bitcoin Lightning Network, now is the perfect time for industry stakeholders to bear down, test, and post stellar results. Some firms may have missed the memo, but by and large, an argument can be made that the cryptocurrency ecosystem is stronger than ever, as big names continue to propel human and physical capital at this asset class. Jack Dorsey’s fintech company cemented this theme’s potency…

Roger Ver’s Bitcoin.com is Reportedly Under Government-Sponsored Attack

Bitcoin.com is likely under a government-sponsored cyber attack, according to owner and crypto investor Roger Ver. The 40-year old Tokyo-based entrepreneur stated Monday that he received a Google Suite alert about a potential intrusion. He posted a screenshot, indicating that anonymous government-backed hackers were attempting to compromise one of the Bitcoin.com’s email accounts. Here’s the copy of that screenshot: Source: BTC Reddit Forum “Because Bitcoin.com is building tools to bring economic freedom to the world, we are likely under government-backed attacks,” Ver guessed. Espionage on Bitcoin.com Following a major revamp of…

Binance: JP Morgan’s Crypto Unlikely To Pose Immediate Threat To SWIFT Or XRP

Mere weeks ago, JP Morgan Chase, one of the world’s largest financial institutions, shocked the crypto space. For those who missed the memo, the Wall Street mainstay unveiled plans to launch its own digital asset, based on the Ethereum-esque Quorum private ledger. Due to its premise, JPM Coin, as the cryptocurrency has been dubbed, was deemed to be a competitor to the offerings that SWIFT and Ripple (and XRP by extension) continually tout. But, Binance has overtly claimed that this might not be the case. But first, here’s a ditty about…

You’re on Your Own’: UK Watchdog is Fear-Mongering Bitcoin Investors

Britain’s financial watchdog has warned investors that they have no regulatory protections to turn to when they buy or sell cryptocurrencies. According to the Financial Conduct Authority, the UK’s Financial Services Compensation Scheme does not cover cryptocurrencies such as Bitcoin and Ethereum. Additionally, crypto investors cannot seek the services of the UK Financial Ombudsman Service: […] The post ‘You’re on Your Own’: UK Watchdog is Fear-Mongering Bitcoin Investors appeared first on CCN Markets Source link