Ex-fraudster Jordan Belfort has issued a stinging criticism of Initial Coin Offerings (ICOs), calling them the "biggest scam ever" and a problem that's going to "blow up" in the crypto community's face. These comments come after Belfort attacked the viability of Bitcoin back in September. Also read: Indonesia Halts Bitcoin Payments for Businesses Belfort, who himself … [Read more...] about Jordan Belfort: ICOs Are the ‘Biggest Scam Ever’
Cryptocurrency
Cryptocurrency
Indonesia Halts Bitcoin Payments for Businesses
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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
Anonymous No More? Monero Exploit Reveals User Identities to Hackers
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An independent researcher claims he has discovered a vulnerability in Monero that allows malicious actors to locate the IP addresses of users on the network. This exploit could mean the end of anonymity for Monero if used by the wrong people, ultimately erasing the cryptocurrency's biggest feature. Also read: It’s Happening: Bitcoin Cash Is Set to Hard Fork on November … [Read more...] about Anonymous No More? Monero Exploit Reveals User Identities to Hackers
MasterCard Has Switched to Blockchain With New Payment Solution
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On Friday, October 20, MasterCard became the second fortune 500 company to introduce blockchain-based transactions to enable business-to-business payments for its enterprise customers. Also read: UTRUST to Travel Across the Globe to Raise Awareness for ICO MasterCard Rolls Out New Blockchain Payment Solution In an attempt to streamline cross-border payments, the company … [Read more...] about MasterCard Has Switched to Blockchain With New Payment Solution
Russia Considers Crypto Detective Agency to Fight Rapid ICO Growth
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The leader of Russia's Internet Development Institute (IRI) proposed creating a specialized cryptocurrency "detective agency" to collect information on Russian companies looking to launch an ICO, and keeping that information in a special register. The proposal came during a congressional council meeting this week, which included regulators and top domestic banks. Also … [Read more...] about Russia Considers Crypto Detective Agency to Fight Rapid ICO Growth