Tencent to Use the Blockchain to Derail China’s Counterfeit Invoice Industry

Tencent to Use the Blockchain to Derail China’s Counterfeit Invoice Industry

Sellers of counterfeit, illegally-made receipts help businesses take advantage of tax loopholes in China, but that’s set to change with the application of blockchain technology in the handling of digital invoices. Disrupting China’s Counterfeit Invoice Market Faked official invoices are big business in China. One person who creates these legal proof of payments — “fapiao” […]

Bitcoin’s Falling Price Nothing More Than Perception, Or Is There Manipulation?

Bitcoin’s Falling Price Nothing More Than Perception, Or Is There Manipulation?

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, so you should conduct your own research when making a decision. The past few months in Bitcoin’s history have been very interesting to watch, especially when honing in on its price fluctuations as a gauge of where it is […]

Crypto Market See Some Green After Week of Lows, Bitcoin Price Hovering Around $7,500

Crypto Market See Some Green After Week of Lows, Bitcoin Price Hovering Around $7,500

May 25: although crypto market prices are still down after the week’s losses, the maps are showing green today, according to data from Coin360. A rally across the board predicted in the wake of last week’s Blockchain Week in NYC did not come into fruition, with the market instead dropping around 10 percent by mid-week. The market slump could likely be […]

US Justice Department reportedly opens criminal investigation into bitcoin price manipulation

US Justice Department reportedly opens criminal investigation into bitcoin price manipulation

The Justice Department has opened a criminal probe into whether traders are manipulating the price of Bitcoin and other digital currencies, dramatically ratcheting up U.S. scrutiny of red-hot markets that critics say are rife with misconduct, according to four people familiar with the matter. The investigation is focused on illegal practices that can influence prices […]

Tom Lee Holds to $25,000 Bitcoin Price Prediction, Cites Three Supporting Factors

Tom Lee Holds to $25,000 Bitcoin Price Prediction, Cites Three Supporting Factors

Co-founder and Fundstrat strategist Tom Lee is holding to his prediction that Bitcoin (BTC) will reach $25,000, CNBC reports May 23. Lee identifies three key factors that make him believe the price will surge past the 2017 high. On Wednesday, BTC dropped below $8,000 and traded around $7,500, losing most of the gains it made from mid-April to early May. With Wednesday’s plunge, […]

‘Ethical Company’ Ripple Donates $4 Million to Ellen DeGeneres Wildlife Fund

‘Ethical Company’ Ripple Donates $4 Million to Ellen DeGeneres Wildlife Fund

On behalf of Ripple, co-founder of Sound Ventures, Ashton Kutcher, made a $4 million donation in XRP to Ellen DeGeneres’ wildlife fund live on her show. This large charitable donation comes after Ripple’s reputation was hit by another lawsuit. Digital Donation Replaces ‘Big Giant Check’ On the show, Ashton Kutcher said: “Usually people come out with the […]

Major Japanese Fintech Company Reveals Plans to Launch Crypto Exchange This Year

Major Japanese Fintech Company Reveals Plans to Launch Crypto Exchange This Year

Money Forward Inc., the operator of one of Japan’s most popular personal budgeting apps, has announced its plans to launch a crypto asset exchange this year, in a company press releaseWednesday, May 23. A new subsidiary, MF Financial Co., Ltd., that launched today will be devoted to the company’s new crypto exchange project, and will be […]