Bitcoin ‘Like Gold’ but Not Ideal as Medium of Exchange: CFTC Chairman

Join our community of 10 000 traders on Hacked.com for just $39 per month.Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo said that bitcoin bears several similarities to gold, although it has elements of many different asset classes. Giancarlo, to whom many cryptocurrency enthusiasts affectionately refer as “Cryptodad” due to his willingness to engage…

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SEC Official: ICO Market Shows Need for Securities Regulation

The initial coin offering (ICO) ecosystem is what the wider securities marketplace would look like without regulation, a Securities and Exchange Commission (SEC) commissioner said Monday. Speaking to CNBC, commissioner Robert Jackson made the comparison when talking about the agency’s role in regulating cryptocurrencies and ICO-derived tokens – and the prospect of tighter controls in…

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FTC to Host Consumer Protection Workshop on Cryptocurrency Scams

The Federal Trade Commission (FTC) is planning to host a workshop on cryptocurrency scams and fraud in June. The agency announced on Monday that its “Decrypting Cryptocurrency Scams” workshop will feature stakeholders from law enforcement, consumer advocacy groups and private-sector businesses “to explore how scammers are exploiting public interest in cryptocurrencies such as bitcoin and…

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Crypto Exchange Coinbase Thinks It’s Worth $8 Billion: Report

Join our community of 10 000 traders on Hacked.com for just $39 per month.Cryptocurrency exchange and brokerage giant Coinbase internally values itself at $8 billion, sources familiar with the company’s offer to purchase Bitcoin startup Earn.com say. Tech news outlet Recode reports that when Coinbase acquired Earn.com last month, its offer included an equity package…

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VIDEO: The Bitcoin News Show #77 – Users suing Bitcoin.com, Coinbase cuts off Wikileaks, LN Debate

The Bitcoin News Show for the week of Apr 23rd with your host @theonevortex and panelists @lopp @WeathermanIam @paullinator @udiWertheimer Quickbits: Thanks so much to everyone who came out and saw us at the Denver Meetup at the Grid co-working space! The bcash team built a transaction visualizer, but it backfired by showing that there…

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Warren Buffet Says Buying Bitcoin is Gambling, Not Investing

Join our community of 10 000 traders on Hacked.com for just $39 per month.Investment guru Warren Buffet remains unsold on bitcoin and crptocurrencies. He doesn’t even consider buying bitcoin as investing and compares it to gambling. Interviewed during Berkshire Hathaway’s annual shareholder meeting, Buffet explained his ongoing skepticism about bitcoin in an interview with Yahoo…

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Fintech Firm Revolut Reaches $1.7 Billion Valuation After Integrating Cryptocurrency

Join our community of 10 000 traders on Hacked.com for just $39 per month.For many years, TransferWise, the fintech company that allows users to send bank payments with extremely cheap fees and shorter verification periods was the most dominant fintech business in Europe. This month, Revolut reached a $1.7 billion valuation after integrating cryptocurrency, surpassing…

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