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Posts Tagged ‘Debitcard’

New Transport Layer bloXroute Promises to Solve Bitcoin’s Biggest Problem

bloXroute Labs and a team of Northwestern University students believe Bitcoin’s biggest problem, scalability, can be solved without affecting its chief virtue — decentralization. Northwestern and bloXroute Labs Are Working to Solve Scalability Issue Critics have always identified the limited number of transactions that Bitcoin’s 00 network can process as its most significant problem. They…

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Crypto.com adds Litecoin to its MCO Wallet App Currency Lineup

Crypto.com, the payments and cryptocurrency platform formerly known as Monaco, has announced the addition of Litecoin (LTC) to its cryptocurrency application, the MCO Wallet App. Litecoin becomes the fifth virtual currency available on the MCO cryptocurrency platform, which is also tied to its MCO Visa card. Virtual Currency Variety & Increased Use of LTC The…

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Former Visa Managing Director Joins Blockchain Payment and ID Platform

Nuggets, a payment and ID platform based on blockchain technology, has managed to attract former Visa Managing Director Kevin Jenkins to its board as a Non-Executive Director.  All Aboard the Blockchain Train An experienced veteran in regulated environments, Kevin Jenkins is the new Non-Executive Director of Nuggets — a payment and ID platform based on…

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‘First Bitcoin Investment Fund’ Pantera Capital Celebrates 5 Years, 10,000% Return

Billed as the first bitcoin investment fund, Pantera Capital’s fund is five years old this month. The investment firm is reporting significant returns and predictions come true. Dan Morehead, Pantera Capital CEO, predicted Bitcoin’s success in 2013: I was discussing bitcoin with an investor yesterday and he replied somewhat dismissively ‘It’s just like buying gold.’ No,…

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Platform to Allow Users to Spend Metal-Based Crypto Using a Debit Card

A new monetary system is aiming to overcome the “severe price volatility” which has made cryptocurrencies unappealing to use as tender — creating two primary digital currencies which are based on gold and silver. Kinesis says these currencies — known as KAU and KAG — are based one-to one on allocated physical gold and silver.…

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UK Remittance Service TransferGo Adds Crypto Trading

UK-based service TransferGo has reportedly become the world’s first remittance operator to offer crypto trading, Bloomberg reported July 27. TransferGo now lets customers buy and sell five major cryptocurrencies –– Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), and Litecoin (LTC). According to TransferGo CEO and founder Daumantas Dvilinskas, the crypto trading option was…

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Celebs and Crypto: A Mixed Bag of Crypto Collaboration

In 2017, cryptocurrencies were thrust into the faces of millions like never before, as Bitcoin and numerous altcoins soared to breathtaking highs. What followed can only be described as a media frenzy, as any noteworthy publication, website and media agency had some sort of coverage of Bitcoin and crypto toward the end of the year.…

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Bitcoin is ‘Not an Investment … It’s a Trade,’ Says Billionaire Howard Marks

Howard Marks, co-founder and co-chairman of Los Angeles-based distressed debt investor Oaktree Capital Management, slammed Bitcoin for not having any substance — while saying investors are merely speculating on its price without being able to judge its intrinsic value.  ‘It’s Not an Investment’ Marks took part in CNBC’s eighth annual conference for institutional investors –…

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Citadel CEO Denies Any Interest in Bitcoin; Market Remains Entirely Unfazed

Ken Griffin, founder and CEO of the Citadel hedge fund, is denying any interest in the cryptocurrency and even going so far as to call it “a solution looking for a problem.” His ill-informed criticism comes amid a wave of positive developments in the cryptocurrency market. Lack of Interest in Bitcoin? Citadel’s Ken Griffin renewed…

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