News

July 18, 2019

Sexual Misconduct Allegations Emerge Against Bitcoin Coder Peter Todd

The Takeaway: Former Bitcoin Core developer Peter Todd filed a defamation suit in April demanding the deletion of a tweet that accused him of sexual misconduct. In response, three people submitted statements to the court this week accusing Todd of such misconduct. One alleged victim, “Jane Doe,” stated she stopped contributing to bitcoin projects in […]

July 17, 2019

Facebook CMO explains why the company actually needs government—and why government should leave Facebook alone

Facebook may need government help to fix problems that led to its brand crisis. But Chief Marketing Officer Antonio Lucio says that breaking the behemoth up is a bad idea because Facebook’s size makes it a counterweight to governments that want to repress free speech. Lucio also sees Facebook’s recent proposal to create a global […]

July 17, 2019

Huobi backs new stablecoin under Paxos custody, eyeing regulated stablecoin market opening left by Tether

Huobi Capital-backed startup Stable Universal launches stablecoin HUSD, to be traded on the Huobi Global exchange The company will have its stablecoin reserve under the custody of Paxos, hoping that Paxos’ regulated status can bolster market confidence in their offering With Huobi Global, one of the largest exchanges in the world, as its launch platform, […]

July 17, 2019

Libra’s So Terrifying It’s Making Congress Suddenly Embrace Bitcoin

Facebook’s Libra cryptocurrency is so terrifying that its making politicians do something completely unexpected: embrace bitcoin. | Source: Shutterstock I never thought I’d see a high-ranking politician stand up and declare, “I like bitcoin.” But that’s exactly what just happened. House Minority Leader Kevin McCarthy practically sung bitcoin’s praises this week. How did we get […]

July 16, 2019

Winklevoss Twins Foster Mainstream Adoption with Bitcoin Giveaway

Tyler Winklevoss is giving away 1 bitcoin for reading "Bitcoin Billionaires," and the value of the reward could increase in this bull market. | Source: Source: Flickr/TechCrunch. Now that bitcoin has taken center stage in the United States, Gemini Co-Founders Cameron and Tyler Winklevoss are doing their part to hasten mainstream adoption. Tyler tweeted his […]

July 14, 2019

Man ‘fond of BDSM’ kills flight attendant lover after spending night at hotel because she allegedly cheated on him

A financial trader "fond of BDSM" has been arrested by Russian police for allegedly killing a flight attendant, whom he had met for sex at a four-star hotel at the airport. The 25-year-old Nikita Enin was arrested after he confessed to the murder of his 23-year-old lover, stewardess Albina Mukhametzyanova. A large manhunt had been […]

July 13, 2019

Preston Byrne: Trump Didn’t Write the Crypto Tweets

Donald Trump seems to be rubbing a lot of crypto fans the wrong way with his latest tweets regarding bitcoin, Libra and other digital assets. Does Trump Really Understand Crypto? One of those people, Preston Byrne, is a lawyer and lifelong Republican. Byrne recently tweeted back at the President, mentioning in a joking manner that […]

July 13, 2019

Don’t Know What Bitcoin Is? This 13-Year-Old’s Book Can Teach You

At just 11 years old, Andrew Courey found himself fascinated with the concept of cryptocurrency, specifically Bitcoin. But he struggled to find resources that put it into terms young adults could really understand. So he wrote his own guide. “I had the idea in five seconds and just went with it,” the now-13-year-old told InsideEdition.com […]

July 13, 2019

13-Year-Old Spends Winter Break Writing Book About Bitcoin

At just 11 years old, Andrew Courey found himself fascinated with the concept of cryptocurrency, specifically Bitcoin. But he struggled to find resources that put it into terms young adults could really understand. So he wrote his own guide. “I had the idea in five seconds and just went with it,” the now-13-year-old from Massachusetts […]

July 13, 2019

Facebook Just Got Some Incredibly Good News, and People Are Truly Astounded By the Reaction

For most of us the idea of getting slapped with a $5 billion fine would be incredibly bad news. But the Federal Trade Commission reportedly approved a $5 billion settlement with Facebook to resolve its investigation into the social media behemoth’s privacy practices — stuff like the Cambridge Analytica scandal and others. And after the […]