Popular payment enabler Stripe announced plans to end support for bitcoin last month, but crypto exchange Coinbase is stepping into the gap after it released a new option for online merchants. Coinbase — which is best known for its service that converts fiat into bitcoin, Ethereum, Litecoin or Bitcoin Cash — is valued at $1.6 billion after raising $100 million last year. The… Read More
Category: crypto
Square Cash expands bitcoin buying and selling to all users
A few months ago we wrote that Square’s peer-to-peer payment app called Square Cash was running a bitcoin trial for select users. These users had the ability to buy and sell bitcoin using whatever payment method they had attached to the app. Well now the payments company just announced that all users (except those in New York, Georgia, Hawaii, or Wyoming) have access to bitcoin trading… Read More
Samsung confirms it is making ASIC chips for cryptocurrency mining
Fresh from toppling Intel as the planet’s biggest seller of chipsets, Samsung has confirmed that it has begun manufacturing ASIC chips which are used to mine bitcoin, ether and other cryptocurrencies.
“Samsung’s foundry business is currently engaged in the manufacturing of cryptocurrency mining chips. However we are unable to disclose further details regarding our… Read More
Chat app Line announces plan for cryptocurrency services, loans and insurance
Line, the messaging app with around 200 million monthly users, is embracing bitcoin and other cryptocurrencies to fend off increased competition from Facebook and others. The Japanese company told announced the creation of a new financial service…
View More Chat app Line announces plan for cryptocurrency services, loans and insuranceCrunch Report | CNN shuts down Casey Neistat’s Beme
Robinhood is going to let you buy and sell crypto soon, CNN shuts down Casey Neistat’s Beme and Sotheby’s acquires Thread Genius. All this on Crunch Report. Read More
SEC warns against public companies adding blockchain to their name
Everyone knows that both Main Street and Wall Street investors are going gangbusters for cryptocurrency and blockchain-related technology. But here’s the thing. It’s currently nearly impossible to invest directly in cryptocurrency or in legitimate cryptocurrency companies if you want to limit your investments to SEC-sanctioned ETFs or stocks that are listed on NASDAQ or NYSE. So… Read More
CryptoCelebrities are the newest irritating kid on the blockchain
If you think Bitcoin bros and their endless blockchain discussions were the worst that cryptocurrency culture could give us, then you haven’t ever read the word “CryptoCelebrities.”
Not just a terribly unappetizing word, CryptoCelebrities is al…
Coinbase hires a new VP of Operations to lead its customer service effort
Coinbase just announced they’re hiring Tina Bhatnagar as VP of Operations and Technology to lead all operational teams at Coinbase and GDAX.
But perhaps most relevant right now is the fact that her responsibilities will include overseeing the fast growing startup’s customer service division.
It’s no secret that Coinbase is in need of some help with it comes to support and… Read More
Scammers are cashing in on Telegram’s upcoming ICO
Desperate for an opportunity to jump aboard in the next big thing, cryptocurrency owners are losing money by investing blindly in fake Telegram ICO websites. Chat app Telegram’s upcoming ICO promises to break records with a target raise of $1.2 billion, which may be extended to $2 billion according to new reports. The public sale component isn’t scheduled to launch until March,… Read More
Scammers are cashing in on Telegram’s upcoming ICO
Desperate for an opportunity to jump aboard in the next big thing, cryptocurrency owners are losing money by investing blindly in fake Telegram ICO websites. Chat app Telegram’s upcoming ICO promises to break records with a target raise of $1.2 billion, which may be extended to $2 billion according to new reports. The public sale component isn’t scheduled to launch until March,… Read More
Bitcoin drops below $10K after three days of cryptocurrency correction
The crypto crash that began two days ago accelerated yesterday and today, with essentially all top 100 coins down anywhere between 15-30 percent. The total market capitalization of all cryptocurrencies is hovering around $450 billion, down ~30 pe…
View More Bitcoin drops below $10K after three days of cryptocurrency correctionBitconnect, which has been accused of running a Ponzi scheme, shuts down
Bitconnect, the lending and exchange platform that was long suspected by many in the crypto community of being a Ponzi scheme, has announced it’s shutting down. In a release on its website the platform said the shutdown is attributed to “continuous bad press” surrounding the platform, two cease and desist letters from both Texas and North Carolina’s securities boards,… Read More