Avi Salzman, a senior editor for Barron’s magazine, released a report this week featuring big money investors and executives from the rapidly growing cryptocurrency sector who generally believe, despite the recent bitcoin price drop, cryptocurrency will inevitably replace fiat. Inevitable Outcome Over the past five months, the valuation of the cryptocurrency market has dropped by

Things can turn around quickly in Crypto Land. The French Finance Minister, Bruno Le Maire, was quite skeptical of blockchain and cryptocurrency in the recent past, but seems to have seen the light. The European Union shows its willingness for taking a more leading, worldwide role in blockchain and cryptocurrency technology research and development. Bruno Le

Wallstreet is turning over to cryptocurrency, and this is seen with Former Goldman Sachs banker Chris Matta quitting the famous financial company a few days after earning the position of vice president. Who in their right minds would do that, right? He did it all for cryptocurrency! According to Chris Matta’s Linkedin, he was managing over

Revered investor Warren Buffett admitted at Berkshire Hathaway’s annual shareholder meeting Saturday that “I made the wrong decisions” when he passed up investments in Amazon and Google (now Alphabet). It’s a mistake he made because he stuck to his longtime investing principles—and that might mean it’s time to update those ideas. “I had [a] very very very high opinion of Jeff

The Commonwealth Bank of Australia has confirmed that it lost the personal financial histories of millions of its clients years ago but never informed them about it. It admitted to the incident only after media broke the story. Australia’s largest bank lost the banking statements of as many as 12 million of its customers during

Morgan Stanley and Goldman Sachs have a long-standing and continual rivalry that stretches across the globe, from boardroom to boardroom, and wherever money flows. This rivalry is well known in traditional markets and in the world of fiat banking. But it’s quickly coming to a head in cryptos… A source close to the working group

Iceland’s now-infamous bitcoin miner thief has reportedly been arrested. A Dutch police spokesperson confirmed that Sindri Thor Stefansson – who is accused of masterminding the theft of $2 million worth of mining hardware in what’s being called the “Big Bitcoin Heist” – was arrested in the Amsterdam on Sunday night. Prosecutors are now looking to

Although Jamie Dimon, CEO of JPMorgan, does not foresee a bright future for Bitcoin and cryptocurrency, Daniel Masters, who earlier led JPMorgan’s global energy trading desk, states cryptocurrencies are feeding a financial revolution. Masters is now chairman of digital investment bank Coinshares and CIO (chief investment officer) at Global Advisors, and he revealed in an interview

Whether or not (strict) regulation for cryptocurrency, ICO’s and exchanges is needed or not, is still being debated by the crypto community. However, recent exit scams and fraudulent ICO’s got the attention of international regulating bodies. Down below an overview of announced regulations and legislation for ICO’s by 9 nations. The increasing interest by governments

Coinbase has made its first real acquisition. In a deal that shows how the cryptocurrency platform continues to mature and expand, Coinbase is buying Earn.com, a portal that allows people to make money by answering emails or completing other tasks. Coinbase’s offer was slightly more than $100 million, according to people familiar with the deal, though

If you look at the mansion down below you can see the Hedge fund manager Claudio Guazzoni de Zanett has been doing just fine over the years. Now he is selling his town house and paying in crypto now comes at a 50% premium, it would seem. Claudio Guazzoni de Zanett has decided to sell

If Jamie Dimon didn’t believe in karma before, he may be a believer now. JP Morgan has been hit with a class-action lawsuit on allegations of tacking on unannounced layers of fees plus interest after pulling the rug out from under the feet of cryptocurrency investors, according to a Reuters report. No wonder the decentralized

Initial coin offerings (ICOs) have become a popular way for startups to raise funds through their blockchain projects. It is estimated that more than $4 billion was raised from ICOs last year! This number is expected to raise during this year. So far, there are more than 30 ICOs that resulted in more than $1