Month: November 2017

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Goldman Sachs CEO Lloyd Blankfein appears to have soured on bitcoin following its historic march to $10,000 and subsequent volatility. In an interview with Bloomberg Television, Blankfein derided the flagship cryptocurrency as a “vehicle to perpetrate fraud,” stating that an asset as volatile as bitcoin does not strike him as an effective currency or store of value. “Something that moves up and down 20 percent in a Read more …

News Another ‘Big Four’ firm joins the bitcoin revolution as the auditing corporation Pricewaterhousecooper’s (PwC) Hong Kong office accepted a payment in bitcoin according to the Wall Street Journal. The accountancy corporation follows the lead of the Deloitte and Ernst & Young (EY) offices that have already started accepting bitcoin for financial services. Also read: Bitwala: ‘Nobody Uses Altcoins,’ Bitcoin Is the Top Crypto PwC Hong Kong Accepts Bitcoin for Financial Consultancy Services PwC is a well-known Read more …

SophiaTX, the first open-source platform to integrate blockchain with enterprise applications such as SAP, has announced a forthcoming collaboration with the power division of General Electric (GE) to design and develop a blockchain solution for GE’s financial efficiency and operations. A joint Letter of Intent (LOI) announced today by Jaroslav Kacina, CEO of Equidato Technologies, the company behind the SophiaTX blockchain, and Davide Mancini, Finance Executive, GE Power, confirms that the two teams plan to collaborate on a blockchain initiative Read more …

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Bitcoin is continuing its upward trajectory, hitting a record high above $11,000 this week. Yet, despite its rising value, hedge fund platforms are rejecting cryptocurrency funds as clients. Brooklands Fund Management, Mirabella Advisers and Privium Fund Management, which deliver regulatory help for investment firms, have all had discussions with bitcoin funds, reports Bloomberg. However, all three have not taken on any as new clients. Clayton Heijman, chief executive Read more …

The Federal Reserve is not working on a cryptocurrency version of the U.S. dollar, the head of one of its regional banks said. As first reported by Reuters, John Williams, president of the Federal Reserve Bank of San Francisco, offered his thoughts about the developments in distributed ledger technology and what its progress means for central banks. Speaking at the 54th annual Economic Forecast Luncheon in Phoenix, Williams took a question from the crowd about what he thinks bitcoin’s rise means for the Read more …

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Showcasing Advances in Virtual Reality DMG Productions uncovers the latest technological breakthroughs in virtual reality. Jupiter, FL — In an upcoming episode of Innovations w/Ed Begley Jr., the award-winning producers will explore the revolutionary world of virtual Read more …

The National Insurance Crime Bureau (NICB) lists a number of scams and frauds that are rife in the automotive repair industry. These frauds transcend dangerous and life-threatening issues such as Airbag fraud, windshield glass fraud to bandit tow trucks that transport your vehicle to dodgy repair shops. There is no shortage of problems in the automotive universe, whether it is related to auto repair shops, auto-insurance or the supply-chain for parts and spares. One of the reasons that customers are Read more …

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Bitcoin Cash, Litecoin, and Ethereum price have declined by over 20 percent over the past 24 hours, as the entire cryptocurrency market experienced a major correction. Bitcoin Cash declined to the $1,200 region for the first time since November 12, while the price of Ether has dropped below $400 after surging to nearly $500 in the past week. The price of Litecoin decreased from $103 to $79, Read more …

News America’s Internal Revenue Service has gone fishing. Its target? Every single Coinbase user who ever placed a $20,000 trade. The huge dragnet exercise, spanning 2013-2015 and incorporating over 14,000 users, was awarded by a court yesterday, November 29. This is despite the best efforts of America’s largest bitcoin broker, which has fought back against what it sees as a shameless data grab and privacy violation. In a bid to save face, Coinbase has claimed a “partial Read more …