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Silk Road Secret Service Agent Sentenced for Laundering Money While Prosecuting Ross Ulbricht

November 8, 2017 C. Edward Kelso 0

Silk Road Secret Service Agent Sentenced for Laundering Money While Prosecuting Ross UlbrichtA Secret Service agent, key in prosecuting Ross Ulbricht during the infamous Silk Road case, was himself sentenced to prison 7 November 2017 for money laundering crimes while investigating Mr. Ulbricht.  Also read: Ross Ulbricht’s 144,336 Bitcoins Silk Road Agent Sentenced, Again, to Prison Time Senior Business Editor at Ars Technica, Cyrus Farivar “was the sole […]

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Chicago Options Exchange Getting the Bitcoin Bug: “We Believe” says President

November 8, 2017 C. Edward Kelso 0

Chicago Options Exchange Getting the Bitcoin Bug: "We Believe," says PresidentIn a conference call updating investors and media on its third quarter (Q3) earnings, Cboe Global Markets, which owns the Chicago Board Options Exchange (CBOE) and BATS Global Markets, said it’s bullish on cryptocurrencies. It said other exchanges, such as its “competitor across town,” are also believers in cryptos.     Also read: Bank of America Bullish on […]

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India Central Banker Doubles-Down on Suppressing Bitcoin

November 8, 2017 C. Edward Kelso 0

India Central Banker Doubles-Down on Suppressing BitcoinS Ganesh Kumar, Executive Director at the Reserve Bank of India, answering audience questions during a conference, continued the government’s official hostility toward the world’s most popular cryptocurrency. He signalled India’s unwillingness to formally allow bitcoin use in the country, but did reserve judgement on blockchain technology. Also read: As India’s Government Wars Against Cash, […]

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After SEC Snub, Vaneck Re-Enters Crypto Markets with First Major Indices

November 7, 2017 C. Edward Kelso 0

After SEC Snub, Vaneck Re-Enters Crypto Markets with First Major IndicesAfter the Securities and Exchange Commission (SEC) refused a review of Vaneck‘s exchange-traded fund (ETF) application, the company formally withdrew and went back to reassess. They’ve emerged, joining forces with Cryptocompare to offer single indexes and baskets of indexes, indices which will be the first of their kind by a major firm to track bitcoin […]

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Nepal Continues Crackdown, Two More Bitcoiners Arrested

November 6, 2017 C. Edward Kelso 0

Nepal Continues Crackdown, Two More Bitcoiners ArrestedWhereas bitcoin exchanges and information are prized on other parts of the globe, in Nepal dealing in the world’s most popular cryptocurrency will get businesspeople arrested. After throwing nearly a dozen bitcoiners in jail not long ago, the government is at it again, arresting two others, pushing bitcoin further underground.  Also read: Bitcoin Illegal in Nepal? […]

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Enterprise Ireland Gets Fickle, Funds and then Backs Away from Cryptocurrency Start-ups

November 6, 2017 C. Edward Kelso 0

Enterprise Ireland Gets Fickle, Funds and then Backs Away from Cryptocurrency Start-upsAfter funding two cryptocurrency-related companies, the Irish state agency Enterprise Ireland (EI) suddenly reversed course, asking the same companies to take down all public mention of its support. The bitcoin/crypto community in Ireland is not pleased.  Also read: UK & Taiwanese Regulators Weigh-in on Bitcoin Laundering, France ponders ICOs Enterprise Ireland’s Love/Hate of Cryptocurrency Earlier last […]

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Bitcoin Ivy League! Yale, Wharton, Haas Offer Courses on Blockchain Tech

November 6, 2017 C. Edward Kelso 0

Bitcoin Ivy League! Yale, Wharton, Haas Offer Courses on Blockchain TechBusiness schools are getting pressure from two sides: growing student population interest in cryptocurrencies, and successful companies, looking to hire graduates with practical knowledge in the technology (tech) undergirding the world’s most popular cryptocurrency, bitcoin. Also read: Over One Million People Enroll in Online Crypto Class Bitcoin Tech Accepted at Ivy League Schools “We believe […]

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A Closer Look at How Three of the Biggest Scamcoins Lure Its Investors

November 5, 2017 C. Edward Kelso 0

A Closer Look at How Three of the Biggest Scamcoins Lure Its InvestorsRun-ups of the kind bitcoin is having in price and valuation make fertile ground for scams. Scams are valuable and very teachable moments. Skin in the game, by having plunked hard-earned cash down to see a return on investment, means vigilance and due diligence are musts.    Also read: GAW/Paycoin CEO Josh Garza Held Liable for […]

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Uruguay to Launch Digital Currency, “Not Bitcoin” it Stresses

November 5, 2017 C. Edward Kelso 0

Uruguay First in the World to Launch Digital Currency, "Not Bitcoin" it StressesUruguay’s Central Bank (BCU) formally presented rollout of its pioneering digitization of the Uruguayan peso on 3 November 2017. Set now as a pilot program, the bank’s head was careful to remind it “is not a cryptocurrency such as bitcoins,” but “a currency that remains the responsibility of the BCU,” according to an Argentinian report.  Also read: Uruguay Urged to Provide Services to Cannabusiness […]

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Buterin’s Father and Antonopoulos Deny Advising Tapscott; CIBC Pulls Out

November 5, 2017 C. Edward Kelso 0

Vitalik Buterin’s Father and Andreas Antonopoulos Deny Being Advisors to Alex Tapscott Projects; CIBC Pulls UnderwritingAndreas Antonopoulos and Dmitry Buterin, among others, are denying their involvement in well-known Canadian investor Alex Tapscott’s projects. Other ecosystem heavies have made similar declarations. Based on reporting, Canadian Imperial Bank of Commerce (CIBC) has dropped their underwriting of Mr. Tapscott’s latest effort. Also read: SEC Warns of Celebrity Endorsements, ICOs Might be a Target Misrepresentation? […]

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