CategoryBitcoin Companies

Crypto Tycoon Roger Ver Quietly Relinquishes CEO Role at Bitcoin.com

roger ver, bitcoin.com, bitcoin cash

Bitcoin Cash backer and noted cryptocurrency entrepreneur Roger Ver has quietly moved positions within his flagship company, Bitcoin.com. Formerly the CEO of Bitcoin.com – sometimes confused with the CEO of Bitcoin itself by newcomers – Ver is now listed on the site as the executive chairman. CEO to Executive Chairman, Quietly and Apparently Overnight A brief trip to the WayBack Machine reveals...

This Banker-Turned-Crypto Executive Called the Deutsche Bank Dumpster Fire

Deutsche Bank

At 10 am on Monday morning, bankers were seen leaving Deutsche Bank offices with white severance envelopes and bags of personal belongings. Some were in tears. Others gathered in local bars to drown their sorrows. The Deutsche Bank axe was swift and sharp, culling some 18,000 jobs in a matter of days. The heartbreaking images are strikingly similar to the aftermath of the 2008 financial crisis...

Privacy Crypto Zcash to Undergo Complete Rebuild Because It Was A Failure: Analyst

Zcash

Decrypt’s Tim Copeland attended a developer conference hosted by the Electric Coin Company in Croatia. He reports that the company is considering the most significant possible changes to its product, Zcash. #2 Privacy Coin Considering Massive Development Pivot If you’re studying crypto, you may have heard of Zcash. It’s a “privacy coin” which allows users to guard their transaction details from...

Crypto Firms Turn Custody Kings to Meet Institutional Demand for Bitcoin

Bitcoin, custody

By CCN Markets: In the wake of high-profile hacks such as the $44 million recently removed from Binance's coffers, BitGo CEO Mike Belshe spoke at Coindesk's Consensus 2019 on matters including security and how this is hindering the will of institutions to involve themselves in Bitcoin and other digital assets. He told an audience at the event that “we are bringing to market a risk-less, efficient...

Jinxed Bitcoin ATM Spews Out Cash at London's Bond Street Station

bitcoin atm

By CCN: It looked like someone won the bitcoin jackpot at London's Bond Street station. A video shows banknotes flying out of what appears to be a jinxed bitcoin ATM located near a shopping center. In the 20-second video, initially shared by Redditor skypirateX, a security guard is doing his best to stop anyone from taking the money. Onlookers watch while the money rained down into and around a...

LocalBitcoins Quietly Removes Anonymous In-Person Crypto Cash Trading

By CCN: Peer-to-peer cryptocurrency exchange service LocalBitcoins has completely suspended all physical cash trading on its network. Several traders have since reported having their standing orders canceled forcing them to revert to electronic-only transfer alternatives. Enthusiasts have long considered LocalBitcoins a haven for decentralized Bitcoin trading. But now it appears the company is...

Billionaires Are 'Scouring the Market' to Own 25% of Bitcoin in Circulation

bitcoin

By CCN: The appetite among billionaires for bitcoin is huge as ever, according to Eleesa Dadian, an art dealer and head of a secretive network for billionaire investors called the Dadiani Syndicate, in Forbes. The company has reportedly been instructed to purchase a jaw-dropping 25% of all available bitcoin in the market. Too bad that isn't likely to happen. An office in Mayfair, west London –...

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