Tag: Mcig

  • Bobby Lee, ‘BTC Maximalist’: Bitcoin’s Value Is in the Eye of the Beholder

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    By Brandy Davis Recently at BlockShow Europe 2018, Cointelegraph got the chance to speak to Bobby Lee — co-founder of Chinese crypto exchange BTCC and a board member at the Bitcoin Foundation —  about what he’s been up to in the crypto space since BTCC shut down last fall. Molly Jane: In the past few months, Chinese crypto regulations have steadily been increasing, from […]

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  • Stanford Univ. Launches Blockchain Research Center, Supported by Ethereum Foundation

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      By David Brown Stanford has created the Center for Blockchain Research, supported in part by the Ethereum Foundation, Stanford Engineering’s website posted yesterday, June 20. The university reportedly established the center in order to examine how blockchain technology can transform traditional business interactions, according to their official announcement. Ethereum (ETH) co-founder Vitalik Buterin tweeted about his, and evidently his Foundation’s, support for […]

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  • Habsburg culture is back in vogue

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    IN HIS novel “The Radetzky March”, published in 1932, Joseph Roth traces the changing fortunes of the Trotta family amid the demise of the Austro-Hungarian Empire. “People lived on memories,” Roth writes of the era before the first world war, “just as now they live by the capacity to forget quickly and completely.” To the […]

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  • Intel CEO Brian Krzanich resigns after ‘consensual relationship with an Intel employee’

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    Intel CEO Brian Krzanich resigned suddenly after a “past consensual relationship with an Intel employee”came to light, the company said Thursday. His unexpected exit comes after internal and external investigations ordered by the chipmaker “confirmed a violation of Intel’s non-fraternization policy, which applies to all managers,” Intel said. “Given the expectation that all employees will respect Intel’s […]

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  • Families fleeing violence keep coming to US illegally despite Trump zero tolerance policy

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    SAN SALVADOR, El Salvador – Nightfall in El Salvador’s capital was fast approaching and Ernesto Pena was waiting for a bus that never arrived. His work day delivering rice and cooking oil to street vendors in the bustling district of Santa Tecla had ended and like most people he was anxious to get home before […]

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  • Wall Street lower as drops in Amazon, Intel add to trade worries

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    U.S. stocks fell on Thursday as oil prices slid, industrials dropped on worries over U.S.-China trade spat and Amazon led a decline in online retailers after the Supreme Court let states force the companies to collect sales tax. Amazon dropped as much as 1.9 percent, before paring losses to trade down 0.3 percent. Wayfair, Overstock.com, […]

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  • Goldman Sachs CEO: It’s ‘Arrogant’ to Think Cryptocurrency Won’t be Successful

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    Lloyd Blankfein, the CEO of Goldman Sachs, one of the biggest investment banks in the global finance sector valued at $87 billion, has criticized skeptics that believe Bitcoin and cryptocurrency do not have a future. Open-Minded and Forward Thinking Since early 2017, Blankfein has stated that he is not yet convinced the cryptocurrency market has […]

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  • IOST Blockchain Incubator Launches With $50 Million Fund

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    Bluehill, a startup incubator for global blockchain projects, launched on Thursday after raising $50 million to support the IOST blockchain ecosystem. The firm said in a release that it is now taking in applications from startups on a rolling basis and on average invests $500,000 into a project with “both seed investments of $100,000 and […]

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  • US court backs states over web sales tax

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    The top court in the US has ruled that states can force online companies to collect sales tax from their customers. Previously, companies without a physical presence in a state were exempt from sales tax collection requirements. The Supreme Court said the physical presence rule was “unsound and incorrect”. The 5-4 decision is expected to […]

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  • Bloomberg: Crypto, Fiat Trading App Robinhood ‘in Talks’ to Obtain US Banking Licence

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    By Albert Williams Stock and crypto trading app Robinhood plans to offer banking services to its 4 mln users, Bloomberg reported June 20, citing anonymous sources. Robinhood, which in February began allowing zero-fee cryptocurrency trading through its Robinhood Crypto tool, is currently in “constructive” talks with the U.S. Office of the Comptroller of the Currency (OCC) to position itself as a banking services provider. […]

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