Banks Are About To Face The Same Tsunami That Hit Telecom Twenty Years Ago

I fear global bank regulators are about to make a decision that will unintentionally “obsolete” the banks, by prohibiting a coming tech pivot. Making this mistake would guarantee that the tech industry continues going around the banks, right as internet-native payment technologies are starting to scale. The telecom sector offers a cautionary tale: When Voice-Over-Internet-Protocol … Read more

Ether snaps at bitcoin’s heels in race for crypto crown

(Our weekly analysis of the wild world of cryptocurrencies. Repeats for additional subscribers) For years, ether could barely dream of challenging its big brother bitcoin. Now, its ambitions may be becoming more realistic. The second-biggest cryptocurrency is taking market share from bitcoin ahead of an all-important “Merge” software upgrade that could sharply reduce the energy … Read more

Bitcoin Well Announces OTCQB Listing in the U.S.

EDMONTON, Alberta, Aug. 16, 2022 (GLOBE NEWSWIRE) — Bitcoin Well Inc. (the “Company” or “Bitcoin Well”) (TSXV: BTCW) (OTCQB: BCNWF), is pleased to announce that the Company’s common shares will begin trading in the United States on the OTCQB market on August 16, 2022, under the symbol “[BCNWF]”. OTC Markets Group Inc. operates regulated markets … Read more

Bitcoin Well Provides an Update on its Outlook for 2022 and

EDMONTON, Alberta, Aug. 15, 2022 (GLOBE NEWSWIRE) — Bitcoin Well Inc. (the “Company” or “Bitcoin Well”) (TSXV: BTCW), today announced that it has undertaken a thorough review of its financial forecast for 2022 and 2023. Management feels it is crucial to ensure the business is capable of being self-funded and has taken the necessary actions … Read more

Bitcoin Well Reports Second Quarter 2022 Results

EDMONTON, Alberta, Aug. 11, 2022 (GLOBE NEWSWIRE) — Bitcoin Well Inc. (the “Company” or “Bitcoin Well”) (TSXV: BTCW), today announced the financial and operating results for the second quarter ended June 30, 2022. The Interim Financial Statements as well as Management’s Discussion and Analysis (“MD&A”) are available on our website and have been filed on … Read more

Ethereum Goerli testnet merge goes live before move to proof-of-stake

Ethereum is the world’s second-biggest cryptocurrency, and it’s giving bitcoin a run for its money. Getty Ethereum, the second-largest cryptocurrency by market value, just ran a final dress rehearsal ahead of a years-awaited upgrade that’s been billed as one of the most important events in the history of crypto. Since its creation almost a decade … Read more

ESMA’s crypto preparations, Ether ‘flips’ Bitcoin; Aave’s stablecoin

Despite us moving into a traditionally quiet time of year, the world of crypto is still undergoing key changes in terms of market dynamics as well as regulation. I reflect on three key developments below that emerged this week: EU regulator ups the stakes on crypto regulation Ether flips bitcoin in options markets Aave … Read more

Crypto has had a miserable month and it’s only the third day of August

It has been a rough month for the crypto sector, and it’s only the third day of August. From cross-chain bridge hacks draining hundreds of millions of dollars in customer funds to the Securities and Exchange Commission coming after crypto Ponzi schemes, this corner of the market can’t catch a break. The developments add to … Read more

secure crypto payment solution for business

The popularity of cryptocurrency payments is growing every year and has already become a full-fledged trend in the financial markets. More and more companies are transacting in bitcoin and other digital assets today because it is convenient, fast, and offers modest fees compared to bank transfer fees. One of the most promising players in this … Read more

how to avoid crypto fraud: Investing in crypto-assets like bitcoin, NFT: Here is how to avoid being exposed to fraud

Annie Lecompte, Professeure – Certification, Universite du Quebec a Montreal (UQAM) In 2017, thousands of investors in over 175 countries found themselves with empty pockets after having invested nearly $4 billion in a cryptocurrency called “OneCoin”. The mastermind behind the project, Ruja Ignatova, vanished with what is believed to be the entire amount missing. This … Read more