Swiss Media Giant Dumps Fiat To Pay Wages in Bitcoin

A Switzerland-based publishing house is willing to dump fiat currency for a comparatively volatile cryptocurrency in bitcoin. Netzmedien AG announced today that it would begin paying off all wages in bitcoin effectively. The decision followed the company’s earlier plans to convert half of its assets to cryptocurrencies. As the top executives went closer to deploying …

Zebpay Integrates Bitcoin Lightning Payments on Its Mobile App

Malta-based cryptocurrency exchange Zebpay now supports Lightning payments. The exchange announced the news via a blog post, where it claims to be the “first major exchange” to enable Lightning payments for its users. Per the report, Zebpay users can now login into their wallet and use their bitcoin balances to make micro-purchases for free. “Making …

The “Conservative” Case For A Bitcoin (BTC) Rally To $50,000

While the value of Bitcoin remains down in the dumps, so to speak, its believers still have stars in their eyes. Many crypto investors are adamant that their holdings will eventually retest their all-time highs, prior to another jaw-dropping rally. And while countless cynics have begged to differ, these hopes were validated recently with an …

Facebook Bitcoin Scammers Target Aussie Celebs to Con Investors

Fraudsters and Facebook are profiting from scam ads featuring photos of popular Australian TV hosts that convince unwary Aussies to part with their cash and invest in bitcoin. You might expect this scam on an obscure internet chat room, maybe on the darknet, but nope, con-artists are using the world’s most popular social media platform …

This Bitcoin Price Rally is Masking a Serious Problem

By CCN.com: This week is looking to end on a positive note for bitcoin, as the cryptocurrency clawed its way above $4,100, adding $1 billion to its market cap in the process. Bitcoin Price Cracks $4,100 as Bullish Sentiment Grows The bitcoin-to-dollar rate established an intraday high at $4,103, up 2.24-percent since Friday’s opening price. …

Hong Kong Wants STO Investing To Be Reserved for the Super Rich

The Hong Kong Securities and Futures Commission (SFC) will no longer let its citizens invest in STOs–unless they have at least $1 million. STOs for ‘Professional Investors’ Only in Hong Kong In what they call a move to protect investors, Hong Kong’s financial watchdog clarified its position on STOs yesterday. The Hong Kong Securities and …

India’s Bureaucracy is Sending Local Bitcoin Industry into a Sh**hole

What would you call an organization that is sitting atop a game-changing regulatory framework for more than a year but couldn’t submit a single proposal nevertheless? Incompetent, perhaps. It is precisely what the Interministerial Committee (IMC) has become: an incompetent group of administrators and ministers that cannot decide what it wants to do with new …