NewsRoom Articles - Page 116 of 177

MondayJul 22, 2019 2:34 pm

The Wild West Crypto Show Flags Crypto Schemes and Scams

On Episode 69 of the Wild West Crypto Show – Why Fake News is Easy to Create – straight-shooting crypto cowboys Drew Taylor and Brent Bates, hosts of the show, were at it again, bringing their loyal fans up to speed with developments in the space. This time around both Joerg Molt of the Satoshi School and Jonathan Keim, communications director of CryptoCurrencyWire, were back on the show. While Molt talked about the bad guys, relating an encounter with crypto crooks in Costa Rica, Keim recognized the good guys, with updates on three newsworthy happenings in the crypto world. One…

MondayJul 22, 2019 1:05 pm

Facebook Libra Coin project and Working With Regulators

The Facebook Libra Coin Project and Congress The last two days have been a bit of a whirlwind for the Facebook Libra coin project. The proposed cryptocurrency project (with critics who argue that it is a centralized currency posing as a cryptocurrency) and its leaders were under significant pressure by congressional representatives. David Marcus, the executive in charge of the Facebook controlled Calibra company, mentioned that the company would work with regulators in the launch of their currency and implied that work on the project would go on. This is an importance distinction due to the fact that lawmakers were…

FridayJul 19, 2019 1:20 pm

ChineseInvestors.com Inc. (CIIX) Provides Premier Market Data Via Unique Website

CIIX is a leading financial information provider for Chinese-speaking investors The company’s emphasis is on providing dependable market information to assist investors in making wise investment decisions CIIX is leveraging initiatives in the cryptocurrency space ChineseInvestors.com Inc. (OTCQB: CIIX) is a foremost financial information website for Chinese-speaking investors in the United States, China, Canada and worldwide. The company has operated the premier web portal for more than 20 years. Through its website, CIIX provides real-time market commentary and analysis, as well as education-related services in both traditional and simplified Chinese language character sets (http://ccw.fm/VnM8M). Established in 1999, CIIX is based in…

FridayJul 19, 2019 12:45 pm

Warren Buffett and Crypto

Warren Buffett has compared Bitcoin and cryptocurrencies to tulips and a bubble. While most successful American entrepreneurs have taken the same road and steered clear of any interest in cryptocurrencies, Warren has referred to Bitcoin as rat poison squared. In an interview with CNBC in the spring of 2018, Warren elaborated his feelings on Bitcoin for six minutes. He compared investing in Bitcoin to investing in gold, which happens to be another asset he dislikes, saying that it is “non-productive” as opposed to buying shares of a “productive” business that creates goods. Warren points out that gold has only grown…

FridayJul 19, 2019 11:22 am

Become a Futurist Conference VIP – Access to Backstage with Speakers, Cabana Pool Bar

Canada’s biggest and most exciting blockchain event is set to create a perfect marriage between ingenuity and luxury as the “who’s who” of the blockchain world gather for the not-to-be-missed Blockchain Futurist Conference, taking place Aug. 13-14 at the ultra-swank Rebel Entertainment Complex and Cabana in Toronto, Ontario. This cutting-edge gathering is not only the place to be if you want to stay “in the know” about all things blockchain, but it will also place attendees in the lap of luxury as they enjoy the posh surroundings of the Rebel Entertainment Complex. Offering a special deal to give participants the…

ThursdayJul 18, 2019 11:19 am

Bitcoin falls below 10k after US lawmakers scrutiny of Libra Coin

Bitcoin fell below $10000 for the first time in two weeks on Tuesday. This comes after US lawmakers scrutiny and criticism of Facebook’s Libra. Libra’s executive David Marcus spoke before the US Senate’s banking committee on Facebook’s plan to implement Libra, pledging it would not do so until regulatory issues were addressed. He stated that “I expect that this will be the broadest, most extensive and most careful pre-launch oversight by regulators and central banks in FinTech’s history.” Amidst this chaos, China’s central bank has given its not to building their own digital currency in response to Facebook’s Libra. Bitcoin’s…

WednesdayJul 17, 2019 12:46 pm

The Wild West Crypto Show Ponders if Libra is for Real or Just Snake Oil

With all the hype surrounding Libra, Facebook’s new cryptocurrency, it’s hard to know what to believe. This week, hosts Drew Taylor and Brent Bates had Joerg Molt of the Satoshi School back on the show. The crypto crusader threw cold water on the Facebook venture, citing a letter from Congress that asks the social media giant to postpone launching Libra. Another familiar face on the show was Jonathan Keim, communications director of CryptoCurrencyWire, who beamed in from Monaco and later from Barcelona as he followed HODL RALLY across Europe. For news like this and updates of developments in the crypto…

WednesdayJul 17, 2019 10:35 am

What is NIRP?

Negative interest rate policy is an unconventional monetary policy tool used by central banks in tough economic times to stimulate the economy. Central banks may turn to NIRP to stimulate the economy even further if ZIRP or the zero-interest policy did not work in an effective manner. A lack of growth calls for more stimulation and economists and central banks may prescribe a dose of NIRP to revitalize the economy. In a negative interest rate environment, the lender would receive less capital from the borrower. A recent post by the IMF states that in a proposed cashless system where depositors…

TuesdayJul 16, 2019 1:24 pm

Popular ‘Blockchain Bootcamp’ Returns as Featured Event of Blockchain Futurist Conference

Untraceable’s Blockchain Futurist Conference, the largest and most high-profile blockchain event in Canada, brings back its popular Blockchain Bootcamp as a featured event of this premier conference, which returns to the Rebel Entertainment Complex and Cabana in Toronto, Ontario, Aug. 13-14. Providing a rundown of the most important details that blockchain enthusiasts need to know, Blockchain Bootcamp will cover everything from the basics of cryptocurrency and blockchain technology to more advanced topics. An entire room at the conference will be dedicated to the bootcamp, with the central focuses being promotion of mass adoption and education for all. Whether attendees are…

TuesdayJul 16, 2019 10:47 am

Bitpoint Recovers $2.3m, Only $28m More to Go

According to the local English language daily, The Mainchi, the crypto exchange Bitpoint has discovered a little more of the $32 million that was mucked last week. Bitpoint was initially attacked on July 12 with hackers netting about $23 million USD from funds belonging to customers while about $9.2 million belonged to the exchange itself. The report from The Mainchi went on to say that Bitpoint’s latest recovered funds were on overseas exchanges and that the amount, about 250 million yen/$2.3 million USD, along with that already recovered brings the loss down from 3.5 billion yen/$32 million USD, to about…