Bills

Bitcoin Touches $12,000 While Gold Continues Its Rally

Of the many things that happened over the weekend, perhaps the most significant was the announcement from Warren Buffett that he’s now investing in gold and gold-related assets. They say you can’t teach an old dog new tricks, and this is a huge shift in investment principals for the Oracle of Omaha. Long contending that gold is not a worthwhile asset to invest in, Warren is now very abruptly seeing the appeal. Why? … You know why. This is about money printing. The printer is working overtime, and this is

Cryptocurrency News Roundup for August 14, 2020

In a polarising move that has drawn mixed reaction from the company’s user-base, cryptocurrency exchange BitMEX announced today that it’s making KYC verification mandatory on the platform. The noises surrounding the move are hardly surprising given that privacy and easy-registration were two of the primary factors that contributed to the exchange’s growing popularity. Some BitMEX users are, however, in favor of the decision as it may help the exchange improve its security and appeal to would-be customers. All said and done, the u-turn into a conventional exchange underlines the impact

As Malta Delays Regulatory Clarity, Fewer Firms Remain on ‘Blockchain Island’

It seems that Malta is becoming both less popular among and less populated with crypto firms. The European Union country attracted dozens of industry players in 2018 on the back of the “blockchain island” agenda championed by the local government, but the relevant framework has not yet proven to be effective. Meanwhile, the official rhetoric apparently started to shift away from the blockchain sector, as the government now aims to consolidate it with “other niche sectors.”Meanwhile, the Malta Financial Services Authority, continues to pluck out non-registered crypto agents — be

Remaining Anonymous: Which Crypto Privacy Solution Works Best?

The cryptocurrency industry was initially headlined as anonymous digital cash. While experts were keen to point out that this was not exactly the case, Bitcoin (BTC) found initial popularity in darknet markets such as Silk Road, where merchants sold illegal goods ranging from light drugs to, allegedly, hitman services. Founded in 2011, Silk Road thrived for the next two years until the Federal Bureau of Investigation shut it down in 2013. Authorities later revealed that completely free blockchain explorers aided their investigative efforts.Bitcoin’s transaction ledger is completely open for the