Initial Coin Offerings (ICOs) – Weekly Overview
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Vault of Satoshi re-enters U.S. bitcoin market
BybtxadmIn early March, Canadian virtual currency exchange Vault of Satoshi pulled out of U.S.-based transactions citing the “increasingly hostile” regulatory environment. In the last few months, VoS has focused on building up its Canadian and international presence, and gaining some official banking status after being granted a Money Services Business License last month. Yesterday, the…
Bitcoin price dives $50 on new China rumor
BybtxadmBitcoin prices fell by roughly $50 late last night following a story on China’s Caixin news service that the People’s Bank of China had privately warned banks and payment companies to close the accounts of bitcoin-related businesses. According to a translation posted to Reddit, PBoC officials met with representatives from several large banks, Tenpay, PayPal…
Toronto-based hip-hop band becomes the first to make BTC via FrostWire
BybtxadmBitTorrent client FrostWire made news late last year when it introduced a plan to enable artists to embed bitcoin payment addresses into their uploads, providing a simple means to pay the artist directly. That functionality was included in the latest FrostWire update, 5.7.1, released yesterday. The payment integration includes support for litecoin, dogecoin and PayPal…
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The Quick Start Guide for Participating in an ICO
BybtxadmFew things are as exciting as the launch of a new initial coin offering (ICO). But if you’re new to the club, the process for actually participating in an ICO can be downright confusing. Most of the popular guides on the subject assume that you’re already familiar with the basics of both managing cryptocurrency and…
Warren Buffett warns bitcoin is a "mirage"
BybtxadmSpeaking on CNBCs’s Squawk Box today, investment legend Warren Buffett warned investors to “stay away” from bitcoin, and claimed that the cryptocurrency was little more than a “mirage.” Buffett’s comments came in response to a question posed by Quicken Loans founder and chairman Dan Gilbert, who noted that bitcoin was the “big two-syllable word that…
Dorian Nakamoto thanks the bitcoin community for donations
BybtxadmIn the weeks since a Newsweek cover story by Leah McGrath Goodman claimed that bitcoin’s mysterious creator was 64-year-old computer engineer Dorian Nakamoto, the general consensus is that the once-venerable magazine got it wrong. Instead of unmasking Satoshi Nakamoto, it appears that Newsweek harassed a financially struggling man with severe health issues, making his life…