Swiss regulator forces crypto-friendly FlowBank into bankruptcy

A French tech entrepreneur has been nabbed for allegedly stealing over 1 million euros in Bitcoin (BTC) from his former colleagues in what is purported to have been an “act of revenge.”On Dec. 22, the unnamed man was indicted by a judge in Paris on charges of theft, money laundering and fraudulently accessing data processing…

The billionaire seems to have one foot in, one foot out when it comes to Bitcoin 779 Total views 6 Total shares During a Christmas rally that has pushed the Bitcoin all time high mark ever higher, a pair of recent tweets indicate that a former critic of the digital currency is continuing to take…

Despite promises of “decentralization” and “trustless ownership,” the vast majority of crypto games today are, at best, partially decentralized. Web3 is the branding, but in reality, most are “Web2+.” Game assets live on-chain, yet the game logic, state and storage remain off-chain on centralized servers. Why? Simply put, it’s not easy to build a fully…

Panama’s path to crypto adoption is stepping up a gear. Towerbank, a Panamanian financial institution with over 200 employees and 40 years of banking experience, has declared itself Bitcoin (BTC) friendly, paving the way for crypto accounts. In a series of tweets and leaks from a blockchain meetup in Panama’s capital, Panama City, the bank is opening…

By early 2020, support for Bitcoin payments will be launched at over 25,000 sales points for 30 French retailers, including sportswear giant Decathlon and cosmetics store Sephora.French crypto news outlet Cryptoglobe reported the development, announced during Paris Retail Week, on Sept. 24.25,000 retailers to enter Economy 3.0 via BitcoinThe new cryptocurrency payments system is launching via…

From CBDCs to payments and up to crypto forensics, Mastercard has been highly active in the digital currency market. 1158 Total views 33 Total shares Credit card giant Mastercard made a big splash in the digital asset market on Tuesday by announcing the launch of crypto-linked payment cards across the Asia-Pacific region. In partnership with three…

Global investors cut gold exposure in favor of Bitcoin, but does the digital coin have any chance to cannibalize gold? 2180 Total views 12 Total shares Bitcoin’s (BTC) parabolic surge in 2020 will not hurt major traditional assets like gold, according to Goldman Sachs.One of the world’s biggest investment banks, Goldman Sachs reportedly sent a…

Chinese sports lottery service 500.com has entered a share exchange agreement to acquire maror Bitcoin mining pool BTC.com. 4549 Total views 10 Total shares Chinese sports lottery service 500.com has acquired a major Bitcoin (BTC) mining pool, BTC.com.500.com has entered into a share exchange agreement with Blockchain Alliance Technologies Holding Company in the Cayman Islands,…

Megan Monroe said an "incubator" approach might be one possible solution to the current “patchwork of financial regulations” in the United States. Though Okcoin chief compliance officer Megan Monroe said there are still certain grey areas over cryptocurrencies in the United States, further regulation may not be the best solution.In a statement to Cointelegraph, Monroe…