When Will Fintech Firm Venmo and PNC Bank Settle their Scuffle

Customers of Pittsburgh, Pennsylvania based bank holding company and financial services corporation PNC are having a tough time. But why? It has become exceedingly difficult to connect bank accounts to popular payments app Venmo.  PNC Bank and Venmo are at War With Each Other As reported by the Wall Street Journal, a few hours ago, […]

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Elon Musk SpaceX IEO Appears On Suspicious LAToken Exchange

Increasingly questionable cryptocurrency exchange, LAToken, is currently listing an IEO purportedly run by Elon Musk for SpaceX. Although this would be many a tech-fan’s dream, closer inspection reveals that this is completely false. No, Elon Musk Is Not Launching A SpaceX IEO The offending Initial Exchange Offering was highlighted in a tweet by Cointelligence CEO, On […]

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Bitstamp Unveils Bitcoin Lightning Network Node

On July 8 the Lightning Network got a huge publicity boost as Bitstamp announced that it had launched its own Lightning node. Another Step Toward Widespread Adoption On Monday Bitstamp revealed that it had launched a Bitcoin Lightning node to further facilitate the growth of Bitcoin’s Lightning Network (LN). The European cryptocurrency exchange said that […]

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Facebook Talks ‘GlobalCoin’ With CFTC (While Bitcoin Never Had To)

Facebook is reportedly in talks with US Commodities and Futures Trading Commission regarding the future of its GlobalCoin ‘cryptocurrency.’ Facebook In Talks With The CFTC The world’s largest social media website, Facebook, has reportedly entered into a conversation with the US Commodities and Futures Trading Commission (CFTC). According to the reports, the Chairman of the […]

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Warren Buffett’s Berkshire Hathaway Invests $600 Million in Two FinTech Firms

Despite Buffett’s blatant disdain for cryptocurrency and fintech, two $300 million dollar investments into two fintech payment firms suggest that Berkshire Hathaway may be ready to join the crypto party. A Change of Heart? On Tuesday the Wall Street Journal (WSJ) reported that Warren Buffett’s multinational investment conglomerate, Berkshire Hathaway, is reported to have invested […]

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Japan’s Financial Regulator Says Stablecoins Are Not Cryptocurrencies

The lack of uniformity in stablecoins has led Japan’s Financial Services Agency (FSA) to conclude that stablecoins are not cryptocurrency. Not All Digital Assets Are Created Equal Japan’s Financial Services Agency (FSA) recently announced that it does not believe stablecoins should be classified in the same category as cryptocurrencies. According to Japan’s Payment Services Act […]

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BitGo Hopes You’re Hungry For A Bitcoin Wrap on the Ethereum Blockchain

BitGo yesterday announced Wrapped Bitcoin, an ERC20 token on the Ethereum blockchain, fully backed by bitcoin. The project, in partnership with Kyber Network and Republic Protocol, will launch in January 2019. And Twitter asked… Why? As we should now expect from the Twitterverse, responses were swift and brutal. Andreas M. Antonopoulos received twice as many likes […]

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