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‘Corporate’ Category

Adding to the pressures on bitcoin early this morning, the Sydney Morning Herald reported that bitcoin users across Australia are reporting that their accounts have been abruptly frozen by the country’s ‘Big Four’ banks. And while the banks have remained largely tight-lipped about the closures, many angry account-holders are jumping to conclusions and blaming the […]

Regulators may be skeptical of the burgeoning ICO market, where outright fraud isn’t uncommon, but that isn’t stopping some of the world’s largest audit and consulting firms from trying to win their business. PWC revealed that it will begin accepting payment for its consulting services in bitcoin because it is increasingly working with startups in […]

Less than 24 hours ago, we noted that Bitcoin had broken above the recent resistance level around $8,300 and hit a fresh all time high of $8,650, observing that the world’s biggest cryptocurrency by market cap is now rising at a pace pace that has put the $10,000 price target by both Mike Novogratz (and […]

It looks like Ethereum’s developers and entrepreneurs have finally recognized the perils of being associated with the massively fraudulent ICO market. ICOs have exploded since the beginning of the year as companies equipped with little more than a white paper sketching out some grandiose (and often highly improbable) killer app that somehow incorporates a monetized […]

Australia is moving toward regulating cryptocurrencies like Bitcoin and Ethereum under new anti-money laundering legislation. According to the Australian Broadcasting Corporation (ABC), Parliament will vote on the measure this week. If it passes, it will place Bitcoin and other cryptos under the auspices of Australia’s financial regulatory agency. If the new laws are passed, the […]

Stocks are at record highs while volatility is at a record low. Which is another way of saying that investors aren’t as worried as they probably should be about the coming year. That’s okay. Price corrections (with their attendant volatility spikes) are normal and natural ways for markets to teach overconfident investors a little humility. […]

As the battle over fake news rages on and attempts by corporations like Facebook and Google to curb the spread of misinformation fail miserably, one unique start-up claims to have the ultimate solution, and it combines the wisdom of the crowds. It’s called Trive, a combination of the words ‘truth’ and ‘hive,’ and it uses […]

Unless you have been living under a rock for the past week, you will be well aware of JPMorgan CEO Jamie Dimon’s panicked outburst with regard the ‘fraud’ that Bitcoin’s ‘tulip-like’ bubble is. To paraphrase: “It’s a fraud. It’s making stupid people, such as my daughter, feel like they’re geniuses. It’s going to get somebody […]

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