The Bank of Indonesia has just announced that bitcoin is not an official-recognized medium of payment in Indonesia, pouring water on a fintech sector that was just getting fired up. Also read: It’s Happening: Bitcoin Cash Is Set to Hard Fork on November 13 Join the Bitsonline Telegram channel to get the latest Bitcoin, cryptocurrency, and tech news … [Read more...] about Indonesia Halts Bitcoin Payments for Businesses
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Larry Fink Takes a Jab at Bitcoin, Calls It a Tool for Money Laundering
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On Friday 13th October, CEO of investment management giant BlackRock Larry Fink joined the bankers' chorus blasting Bitcoin. Speaking to the Institute of International Finance, he basically said its only use is as a means to launder money. Also read: Jamie Dimon Doubles Down, Calls Daughter Stupid for Owning Bitcoin Join the Bitsonline Telegram channel to get the latest … [Read more...] about Larry Fink Takes a Jab at Bitcoin, Calls It a Tool for Money Laundering
Government Can Seize Kim Dotcom’s Assets, Says Supreme Court
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Expat internet mogul Kim Dotcom today lost a legal challenge in the U.S. Supreme Court to prevent the federal government seizing his overseas assets. Dotcom, a German/Finnish citizen with New Zealand residency, is also battling extradition to the U.S. to face money laundering and copyright violation charges. Also read: Financial Privacy Is for Criminals! What Are You Trying … [Read more...] about Government Can Seize Kim Dotcom’s Assets, Says Supreme Court
Goldman Sachs to Start Trading Bitcoin Directly
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Goldman Sachs, the finance giant, is seriously considering official trading options for bitcoin -- the first blue-chip Wall Street firm to do so. Also read: Financial Privacy Is for Criminals! What Are You Trying to Hide? Join the Bitsonline Telegram channel to get the latest Bitcoin, cryptocurrency and tech news updates: https://t.me/bitsonline Goldman Sachs Taking a … [Read more...] about Goldman Sachs to Start Trading Bitcoin Directly
Coinomi Wallet Developers Respond Angrily to Vulnerability Post
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A vulnerability was recently found in the multi-coin wallet, Coinomi, potentially threatening the privacy of its user base. More surprising, however, was the developer's defensive response to the news. Also read: Token Fund Founders’ to Launch Tokenbox Asset Platform in October Vulnerability Discovered The discovery was initially made by Luke Childs, who brought it to the … [Read more...] about Coinomi Wallet Developers Respond Angrily to Vulnerability Post