Three startups are getting ready to launch one of the most ambitious and important cryptocurrency experiments since the creation of bitcoin itself. Called Lightning, the project aims to build a fast, scalable, and cryptographically secure payment network layered on top of the existing bitcoin network. Essentially, Lightning aims to solveRead More →

Cryptocurrency-related advertisements have stopped appearing on Chinese search engine Baidu and social media platform Weibo, amidst reports of China’s government tightening cryptocurrency and Initial Coin Offering regulations on Sunday, Feb. 4. The Financial Times of the People’s Bank of China (PBOC) was told today, Feb. 4, that China will further increase regulatory pressure onRead More →

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According to a recent survey conducted by LendEDU, nearly one in five bitcoin investors made their cryptocurrency purchase using a credit card. Of that subset, 77.87 percent reported that they paid off their credit card balances after purchasing bitcoin, while the remaining 22.13 percent said that they did not pay off their credit card balances inRead More →

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Major credit card issuers and financial service providers Citigroup, Discover, JPMorgan Chase, and Bank of America are disallowing their clients from purchasing cryptocurrencies with credit cards. This week, in an official statement provided to Bloomberg, Bank of America announced that both individual and institutional clients will no longer be ableRead More →