Telegram channel "Bitsonline" — @bitsonline

Bitsonline

16 Mar 2018, 21:10

Fake PayPal ‘Crypto Warnings’ Are Being Sent Out. What Gives?
On March 16th, some cryptoverse denizens awoke to what appeared to be an email from PayPal saying to “cease any activity that results in the trading or transfer of cryptocurrency.” Affected users have called into PayPal to learn that the email is a hoax. The dominant theory for now? Someone is trying to manipulate crypto […]

The post Fake PayPal ‘Crypto Warnings’ Are Being Sent Out. What Gives? appeared first on Bitsonline .
https://bitsonline.com/fake-paypal-crypto-warnings/

Fake PayPal 'Crypto Warnings' Are Being Sent Out. What Gives?

On March 16th, some cryptoverse denizens awoke to what appeared to be an email from PayPal saying to 'cease any activity that results in the trading or transfer of cryptocurrency.' Affected users have called into PayPal to learn that the email is a hoax. The dominant theory for now? Someone is tryin...

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Bitsonline

16 Mar 2018, 19:10

Bitcoin Mining – No Longer Profitable After Price Dumps?
Though it may only be temporary, bitcoin’s value has dropped so significantly that bitcoin mining is no longer profitable, according to Fundstrat’s Thomas Lee. Despite remaining bullish about the cryptocurrency, he feels miners are likely to feel more pain than gain for a little while. Also see: Money Moves: Coinbase Gets Barclays Account, U.K. E-Money License Subscribe […]

The post Bitcoin Mining – No Longer Profitable After Price Dumps? appeared first on Bitsonline .
https://bitsonline.com/bitcoin-mining-no-longer-profitable/

Bitcoin Mining – No Longer Profitable After Price Dumps?

Though it may only be temporary, bitcoin’s value has dropped so significantly that bitcoin mining is no longer profitable, according to Fundstrat’s Thomas Lee. Despite remaining bullish about the cryptocurrency, he feels miners are likely to feel more pain than gain for a little while. Also see: Mon...

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Bitsonline

16 Mar 2018, 17:14

Microsoft: Illegal Cryptocurrency Mining an Increasing Threat
Seattle-based tech giant Microsoft has jumped into the debate surrounding illegal cryptocurrency mining, claiming it is a growing threat as more cybercriminals are drawn to mining cryptocurrency as digital asset prices rise. Also see: Money Moves: Coinbase Gets Barclays Account, U.K. E-Money License Subscribe to the Bitsonline YouTube channel for more great interviews featuring industry insiders & experts […]

The post Microsoft: Illegal Cryptocurrency Mining an Increasing Threat appeared first on Bitsonline .
https://bitsonline.com/illegal-cryptocurrency-mining/

Microsoft: Illegal Cryptocurrency Mining an Increasing Threat

Seattle-based tech giant Microsoft has jumped into the debate surrounding illegal cryptocurrency mining, claiming it is a growing threat as more cybercriminals are drawn to mining cryptocurrency as digital asset prices rise. Also see: Money Moves: Coinbase Gets Barclays Account, U.K. E-Money License...

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Bitsonline

16 Mar 2018, 15:01

Seattle Cryptocurrency Startup Raises Over $1.6 Million in Seed Funding
Seattle digital currency startup Strix Leviathan has accumulated over $1.6 million USD in seed funding from a wide range of investors, including VC firms and former NFL players. It’s proof that in a world of volatility, scams and rejection from major players like Google and Facebook, cryptocurrency retains a healthy portion of its popularity. Also […]

The post Seattle Cryptocurrency Startup Raises Over $1.6 Million in Seed Funding appeared first on Bitsonline .
https://bitsonline.com/seattle-cryptocurrency-startup-raises/

Seattle Cryptocurrency Startup Raises Over $1.6 Million in Seed Funding

Seattle digital currency startup Strix Leviathan has accumulated over $1.6 million USD in seed funding from a wide range of investors, including VC firms and former NFL players. It’s proof that in a world of volatility, scams and rejection from major players like Google and Facebook, cryptocurrency ...

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Bitsonline

16 Mar 2018, 12:13

How IoT and Blockchain Tech Can Rule a World of Physical Things
Can blockchains set and keep rules for objects in the physical world, as well as digital assets? And if so, how? The first international IoT Blockchain Camp in Valencia, Spain, is a five-day event that looks at potential answers to this question — and explores some of the internet-of-things technology that’ll make it work. Also […]

The post How IoT and Blockchain Tech Can Rule a World of Physical Things appeared first on Bitsonline .
https://bitsonline.com/iot-blockchain-camp-physical-things/

How IoT and Blockchain Tech Can Rule a World of Physical Things

Can blockchains set and keep rules for objects in the physical world, as well as digital assets? And if so, how? The first international IoT Blockchain Camp in Valencia, Spain, is a five-day event that looks at potential answers to this question -- and explores some of the internet-of-things technol...

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Bitsonline

16 Mar 2018, 01:09

Google Bans Cryptocurrency Advertisements, Supposedly for FBI
Search engine giant Google announced it will ban cryptocurrency-related ads starting June this year. According to the announcement, the company is updating its ad policies to ban cryptocurrency ads like those belonging to Initial Coin Offerings (ICOs). Also see: Money Moves: Coinbase Gets Barclays Account, U.K. E-Money License Subscribe to the Bitsonline YouTube channel for more great interviews […]

The post Google Bans Cryptocurrency Advertisements, Supposedly for FBI appeared first on Bitsonline .
https://bitsonline.com/google-crypto-ads-fbi/

Google Bans Cryptocurrency Advertisements, Supposedly for FBI

Search engine giant Google announced it will ban cryptocurrency-related ads starting June this year. According to the announcement, the company is updating its ad policies to ban cryptocurrency ads like those belonging to Initial Coin Offerings (ICOs). Also see: Money Moves: Coinbase Gets Barclays ...

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Bitsonline

15 Mar 2018, 23:07

Rep. Who Called Crypto ‘Crock’ Gets Most Donations from Allied Wallet
During the March 14th U.S. House of Representatives Financial Services Committee hearing on crypto, Representative Brad Sherman (D-CA) read an introductory statement alleging that “cryptocurrencies are a crock.” It won him no fans in the cryptoverse. Curiously, though, Rep. Sherman’s biggest source of political donations in the current election cycle has come from individuals at […]

The post Rep. Who Called Crypto ‘Crock’ Gets Most Donations from Allied Wallet appeared first on Bitsonline .
https://bitsonline.com/congressman-crypto-allied-wallet/

Rep. Who Called Crypto 'Crock' Gets Most Donations from Allied Wallet

During the March 14th U.S. House of Representatives Financial Services Committee hearing on crypto, Representative Brad Sherman (D-CA) read an introductory statement alleging that 'cryptocurrencies are a crock.' It won him no fans in the cryptoverse. Curiously, though, Rep. Sherman's biggest source ...

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Bitsonline

15 Mar 2018, 21:08

Senate Move Leads to Talk of Next ’08 Crash. What’s It Mean for Crypto?
On Wednesday, March 14th, the U.S. Senate voted to pare down many aspects of the so-called “Dodd-Frank” rules, legislation that was passed in the aftermath of the 2008 financial crisis to mitigate some of the gross abuses in the banking sector that incubated the crisis in the first place. If these revisions are passed in […]

The post Senate Move Leads to Talk of Next ’08 Crash. What’s It Mean for Crypto? appeared first on Bitsonline .
https://bitsonline.com/senate-dodd-frank-crypto/

Senate Move Leads to Talk of Next '08 Crash. What's It Mean for Crypto?

On Wednesday, March 14th, the U.S. Senate voted to pare down many aspects of the so-called 'Dodd-Frank' rules, legislation that was passed in the aftermath of the 2008 financial crisis to mitigate some of the gross abuses in the banking sector that incubated the crisis in the first place. If these r...

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Bitsonline

15 Mar 2018, 19:05

Wyoming Passes Pro-Crypto, Pro-Blockchain Laws
As other U.S. states contemplate the legal standing of cryptocurrencies and their underpinning technologies, the state of Wyoming has passed five bills in the past few weeks embracing cryptocurrencies and distributed ledger technology. Also see: The John Oliver Effect? Brock Pierce and Block.One Part Ways Subscribe to the Bitsonline YouTube channel for more great interviews featuring industry insiders […]

The post Wyoming Passes Pro-Crypto, Pro-Blockchain Laws appeared first on Bitsonline .
https://bitsonline.com/wyoming-passes-pro-crypto-laws/

Wyoming Passes Pro-Crypto, Pro-Blockchain Laws

As other U.S. states contemplate the legal standing of cryptocurrencies and their underpinning technologies, the state of Wyoming has passed five bills in the past few weeks embracing cryptocurrencies and distributed ledger technology. Also see: The John Oliver Effect? Brock Pierce and Block.One Par...

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Bitsonline

15 Mar 2018, 17:09

India’s Biggest Private Lender Bans Use of Credit Cards to Purchase Bitcoin
India’s biggest private lender, HDFC Bank, has stopped its customers from using their credit cards and prepaid cards to purchase bitcoins. Over the past few months, several global banks have banned the used of credit cards for purchasing volatile digital assets. However rather than protest, some local exchanges are actually welcoming HDFC’s decision. Also see: Money […]

The post India’s Biggest Private Lender Bans Use of Credit Cards to Purchase Bitcoin appeared first on Bitsonline .
https://bitsonline.com/indias-biggest-private-lender-bans-use-credit-card-purchasing-bitcoin/

India's Biggest Private Lender Bans Use of Credit Cards to Purchase Bitcoin

India’s biggest private lender, HDFC Bank, has stopped its customers from using their credit cards and prepaid cards to purchase bitcoins. Over the past few months, several global banks have banned the used of credit cards for purchasing volatile digital assets. However rather than protest, some loc...

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Bitsonline

15 Mar 2018, 15:12

Universities in Illinois Are Adding a Lot More Cryptocurrency Classes
Illinois is capitalizing on young peoples’ newfound love of bitcoin and cryptocurrency. Several universities within the state now offer digital currency-based classes to registered students. Also see: Automata Podcast: The Business of Decentralization With Venture Capitalist Alyse Killeen Subscribe to the Bitsonline YouTube channel for more great interviews featuring industry insiders & experts Illinois Sure Loves Its Bitcoin […]

The post Universities in Illinois Are Adding a Lot More Cryptocurrency Classes appeared first on Bitsonline .
https://bitsonline.com/illinois-cryptocurrency-classes/

Universities in Illinois Are Adding a Lot More Cryptocurrency Classes

Illinois is capitalizing on young peoples’ newfound love of bitcoin and cryptocurrency. Several universities within the state now offer digital currency-based classes to registered students. Also see: Automata Podcast: The Business of Decentralization With Venture Capitalist Alyse Killeen Subscribe ...

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Bitsonline

15 Mar 2018, 12:10

Tether: Helping Fiat Infiltrate Cryptocurrency One Token At a Time
Tether: the token that boasts a peg to the dollar, claiming to cut down on volatility and make cryptocurrency use and investment easier. In reality, though, this token system is a hotbed for cryptocurrency inflation — with proof that lends credit to that claim. Also read: Hey Idiots: Bitcoin Mining Is SUPPOSED to Be Expensive Subscribe […]

The post Tether: Helping Fiat Infiltrate Cryptocurrency One Token At a Time appeared first on Bitsonline .
https://bitsonline.com/tether-fiat-infiltrate-cryptocurrency/

Tether: Helping Fiat Infiltrate Cryptocurrency One Token At a Time

Tether: the token that boasts a peg to the dollar, claiming to cut down on volatility and make cryptocurrency use and investment easier. In reality, though, this token system is a hotbed for cryptocurrency inflation -- with proof that lends credit to that claim. Also read: Hey Idiots: Bitcoin Mining...

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Bitsonline

15 Mar 2018, 05:10

Playboy to Release Its Own Cryptocurrency Wallet
From tea and juice companies, to vaping houses and even a “camera king” like Kodak, it seems like every enterprise is looking to get a little taste of the crypto action. Now, Playboy is being added to the list as the latest company to begin working on a cryptocurrency project. How serious are they all […]

The post Playboy to Release Its Own Cryptocurrency Wallet appeared first on Bitsonline .
https://bitsonline.com/playboy-release-cryptocurrency-wallet/

Playboy to Release Its Own Cryptocurrency Wallet

From tea and juice companies, to vaping houses and even a “camera king” like Kodak, it seems like every enterprise is looking to get a little taste of the crypto action. Now, Playboy is being added to the list as the latest company to begin working on a cryptocurrency project. How serious are they a...

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Bitsonline

15 Mar 2018, 02:26

Automata Podcast: The Business of Decentralization With Venture Capitalist Alyse Killeen
What does decentralization mean in 2018? Increasingly it means the ability to opt in and out of the system, says venture capitalist and startup mentor Alyse Killeen. However, its effectiveness depends on everyone understanding and trusting the technology that allows decentralization, and what it can (or can’t) do, she says. That goes for both users […]

The post Automata Podcast: The Business of Decentralization With Venture Capitalist Alyse Killeen appeared first on Bitsonline .
https://bitsonline.com/automata-decentralization-alyse-killeen/

Automata Podcast: The Business of Decentralization With Venture Capitalist Alyse Killeen

What does decentralization mean in 2018? Increasingly it means the ability to opt in and out of the system, says venture capitalist and startup mentor Alyse Killeen. However, its effectiveness depends on everyone understanding and trusting the technology that allows decentralization, and what it can...

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Bitsonline

14 Mar 2018, 23:10

The John Oliver Effect? Brock Pierce and Block.One Part Ways
John Oliver’s new cryptocurrency-themed episode caused a ruckus in the space. One reason why? Oliver gave Decentralized Autonomous Communities (DACs) play EOS and its larger-than-life public face Brock Pierce a thorough ribbing. Block.one, the company behind EOS, has responded by saying Pierce will be moving on to independent projects. Also see Money Moves: Coinbase Gets Barclays […]

The post The John Oliver Effect? Brock Pierce and Block.One Part Ways appeared first on Bitsonline .
https://bitsonline.com/brock-pierce-block-one-drama/

The John Oliver Effect? Brock Pierce and Block.One Part Ways

John Oliver's new cryptocurrency-themed episode caused a ruckus in the space. One reason why? Oliver gave Decentralized Autonomous Communities (DACs) play EOS and its larger-than-life public face Brock Pierce a thorough ribbing. Block.one, the company behind EOS, has responded by saying Pierce will ...

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Bitsonline

14 Mar 2018, 21:15

Money Moves: Coinbase Gets Barclays Account, U.K. E-Money License
Coinbase continues its march toward mainstream dominance, as the popular fiat-to-crypto exchange just opened a bank account with British banking titan Barclays and received an important e-money license from the United Kingdom’s top financial watchdog. The takeaway? Coinbase is pivoting decisively into Europe. Also see: No Longer Setting the Trends: Crypto Activity in China Is Increasingly Rare […]

The post Money Moves: Coinbase Gets Barclays Account, U.K. E-Money License appeared first on Bitsonline .
https://bitsonline.com/coinbase-license-barclays/

Money Moves: Coinbase Gets Barclays Account, U.K. E-Money License

Coinbase continues its march toward mainstream dominance, as the popular fiat-to-crypto exchange just opened a bank account with British banking titan Barclays and received an important e-money license from the United Kingdom's top financial watchdog. The takeaway? Coinbase is pivoting decisively in...

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Bitsonline

14 Mar 2018, 19:14

No Longer Setting the Trends: Crypto Activity in China Is Increasingly Rare
Once a major player in cryptocurrencies, China has made recent moves to ban ICOs and force out mining operations, as well as engaging in an ongoing struggle to curb cryptocurrency trading. It’s left the former trailblazer with almost no cryptocurrency industry at all. Meanwhile its neighbors continue to warm to digital assets and their potential […]

The post No Longer Setting the Trends: Crypto Activity in China Is Increasingly Rare appeared first on Bitsonline .
https://bitsonline.com/crypto-stance-china-rare/

No Longer Setting the Trends: Crypto Activity in China Is Increasingly Rare

Once a major player in cryptocurrencies, China has made recent moves to ban ICOs and force out mining operations, as well as engaging in an ongoing struggle to curb cryptocurrency trading. It's left the former trailblazer with almost no cryptocurrency industry at all. Meanwhile its neighbors continu...

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Bitsonline

14 Mar 2018, 17:01

Hey Idiots: Bitcoin Mining Is SUPPOSED to Be Expensive
Bitcoin has come under fire as of late due its mining algorithm — Proof of Work (PoW)– and its consumptions of large amounts of energy. Mainstream media has published several articles on this topic, warning that continuing to use bitcoin as the world’s primary cryptocurrency could cause a global energy crisis due to this perceived […]

The post Hey Idiots: Bitcoin Mining Is SUPPOSED to Be Expensive appeared first on Bitsonline .
https://bitsonline.com/bitcoin-mining-supposed-expensive/

Hey Idiots: Bitcoin Mining Is SUPPOSED to Be Expensive

Bitcoin has come under fire as of late due its mining algorithm -- Proof of Work (PoW)-- and its consumptions of large amounts of energy. Mainstream media has published several articles on this topic, warning that continuing to use bitcoin as the world’s primary cryptocurrency could cause a global e...

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Bitsonline

14 Mar 2018, 15:11

BIS Says Central Bank Digital Currencies Could Disrupt the Financial Ecosystem
The Bank for International Settlements (BIS) has issued a report stating that digital tokens could be used in the future for settling payments between traditional financial institutions. The Basel, Switzerland-based international financial institution also highlighted that central banks should try to embrace digital currencies. However recognizing them as legal tender is still years away, if […]

The post BIS Says Central Bank Digital Currencies Could Disrupt the Financial Ecosystem appeared first on Bitsonline .
https://bitsonline.com/bis-central-bank-cryptos-disrupt/

BIS Says Central Bank Digital Currencies Could Disrupt the Financial Ecosystem

The Bank for International Settlements (BIS) has issued a report stating that digital tokens could be used in the future for settling payments between traditional financial institutions. The Basel, Switzerland-based international financial institution also highlighted that central banks should try t...

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Bitsonline

14 Mar 2018, 12:15

New York Town May Be One of the First to Ban Cryptocurrency Mining
As the cryptocurrency craze grows, the desire to harvest rewards by mining new coins is getting stronger. Unfortunately, the power consumption of bitcoin mining has taken a toll on local energy supplies, leading some to question whether there should be laws prohibiting it. The town of Plattsburgh, New York, may be one of the first […]

The post New York Town May Be One of the First to Ban Cryptocurrency Mining appeared first on Bitsonline .
https://bitsonline.com/new-york-town-may-one-first-ban-cryptocurrency-mining/

New York Town May Be One of the First to Ban Cryptocurrency Mining

As the cryptocurrency craze grows, the desire to harvest rewards by mining new coins is getting stronger. Unfortunately, the power consumption of bitcoin mining has taken a toll on local energy supplies, leading some to question whether there should be laws prohibiting it. The town of Plattsburgh, N...

335 1 0

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