At Senate Hearing on Cryptocurrency, SEC Chairman Hints at the Need For New Legislation
At a Senate committee hearing on cryptocurrencies, Securities and Exchange Commission Chairman Jay Clayton indicated that the agency...
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Paul Menchaca
- Feb 5, 2018
- 1 min
There is No End in Sight to Bitcoin's Decline
Bitcoin continued its decline for a fifth straight day on Monday as investors ramped up their selloff of digital coins, briefly dropping...
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Paul Menchaca
- Feb 1, 2018
- 1 min
Facebook Bans Ads Promoting Cryptocurrencies and ICOs
Facebook announced this week that it has banned advertisements that “promote financial products and services that are frequently...
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Paul Menchaca
- Feb 1, 2018
- 1 min
Jack Dorsey's Square is Latest to Enter the Bitcoin Trading Space
A week after Robinhood announced that it would be offering zero-fee cryptocurrency trading on its app starting this month, the mobile...
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Paul Menchaca
- Jan 23, 2018
- 1 min
There Are Now Bananacoins, Which is a Cryptocurrency Tied to Banana Prices
Because this is 2018 and we live in a world where Hooters is now utilizing blockchain, there is now a cryptocurrency called bananacoins,...
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Paul Menchaca
- Jan 12, 2018
- 1 min
Warren Buffett Predicts a 'Bad Ending' For Cryptocurrencies
While the big news coming out of CNBC‘s interview with Warren Buffett on Wednesday is that the shortlist to succeed him as chief...
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Paul Menchaca
- Jan 11, 2018
- 2 min
Kodak's Stock Surges 44% After it Announces an ICO
Kodak on Thursday announced a licensing partnership with WENN Digital to launch the KODAKOne image rights management platform that will...
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Paul Menchaca
- Jan 9, 2018
- 1 min
Jamie Dimon Still Isn't a Fan of Bitcoin, But Regrets Calling it a 'Fraud'
It's well established by now that when Jamie Dimon speaks people are going to listen, whether he's talking about the markets, the...
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Paul Menchaca
- Jan 9, 2018
- 2 min
Ripple Has Made Paper Billionaires Out of its Current and Former CEOs
So, here’s a quick caveat: Being a paper billionaire must be totally awesome on, well, paper. And with the wild swings of the...
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Paul Menchaca
- Nov 29, 2017
- 3 min
Here's What Everyone's Saying as Bitcoin Surges Near $10,000
Bitcoin’s meteoric surge hit a record high past $9,000 over the weekend and crept near the $10,000 milestone on Monday, which has...
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Paul Menchaca
- Oct 26, 2017
- 2 min
Peter Thiel: People Are 'Underestimating' Bitcoin
Billionaire PayPal co-founder Peter Thiel threw his support behind bitcoin while speaking at the Future Investment Initiative in Saudi...
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Paul Menchaca
- Oct 26, 2017
- 1 min
'Wolf of Wall Street' Jordan Belfort Warns of 'Massive Scam' With ICOs
If there is one thing Jordan Belfort has mastered, it’s definitely how to run a scam. The infamous “Wolf of Wall Street,” who served four...
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Paul Menchaca
- Oct 6, 2017
- 2 min
There's Another Wu-Tang Clan ICO in the Works
We already told you about the initial coin offering being launched by a company called Rare Music Ltd. for the Wu-Tang Coin, which hopes...
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Paul Menchaca
- Oct 3, 2017
- 1 min
Report: Goldman Sachs Weighs Cryptocurrency Trading
Goldman Sachs is currently exploring the possibility of launching a new trading operation that would be dedicated to trading bitcoin and...
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Paul Menchaca
- Oct 2, 2017
- 2 min
SEC Charges Two ICOs With Defrauding Investors
After already releasing a bulletin in July warning investors about the potential risks associated with initial coin offerings, the...
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Paul Menchaca
- Sep 25, 2017
- 1 min
An ICO Has Just Been Launched For a Wu-Tang Coin Because Why Not
A pair of the most high-profile detractors of the cryptocurrency craze have recently dismissed bitcoin as "a fraud" (JPMorgan's Jamie...
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Paul Menchaca
- Sep 22, 2017
- 2 min
Jamie Dimon Doubles Down on His Bitcoin Attack
Having already called bitcoin “a fraud,” JPMorgan chief executive Jamie Dimon ramped up his attack on the cryptocurrency in an interview...
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Paul Menchaca
- Sep 19, 2017
- 1 min
Ray Dalio Latest Finance Chief to Slam Bitcoin, Calling it 'A Bubble'
A week after Jamie Dimon called bitcoin "a fraud," the founder of the world's largest hedge fund has leveled his own harsh take on the...
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Paul Menchaca
- Sep 13, 2017
- 1 min
Vikram Pandit: AI and Robots Could Wipe Out 30% of Bank Jobs in the Next Five Years
Vikram Pandit, the former chief executive of Citigroup, said in an interview with Bloomberg Television on Wednesday that advancements in...
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Paul Menchaca
- Sep 13, 2017
- 2 min
SoFi CEO Resigns Amid Sexual Harassment Allegations
Michael Cagney is stepping down as chief executive of Social Finance Inc. about a month after a former employee filed a lawsuit against...
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