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Jamie Dimon Regrets Calling Bitcoin A Fraud

Up until now, there has been absolutely no love lost between JP Morgan CEO, Jamie Dimon and Bitcoin. But now, it seems that Jamie Dimon is regretting some of the things he said regarding the cryptocurrency, and is having second thoughts about getting involved in the Bitcoin controversy. He previously, very openly called the first ever virtual currency a ‘fraud’, but said this week that he wishes that he hadn’t dismissed the technology in such broad terms. In an interview with the Fox Business network, he said; “I regret making those comments…The blockchain is real. You can have crypto yen...

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Bitcoin Lotto Is Now A Thing

The latest thing that Bitcoin has become involved with is Lottoland. They are now offering the chance for you to win millions of pounds worth of the first and arguably most popular cryptocurrency. After skyrocketing over the past twelve months, one Bitcoin is now worth £11,000 (approximately). It is becoming more and more accepted in mainstream life, Lotto has jumped at the opportunity to work closely with this virtual currency. If you choose to be part of the Bitcoin Lotto, you could be in with the chance of winning 1,000BTC tokens every single week, and this is currently worth more...

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Kodak Is Launching Cryptocurrency Aimed For Photographers

Photography firm, Kodak have released that it is to launch its own cryptocurrency, and plans to host an initial coin offering at the end of this month. In their official announcement, they said that their virtual currency would ‘underpin an encrypted, digital ledger of rights ownership for photographers’. The idea behind this cryptocurrency is that photographers could then use this blockchain to register works, with KODAKCoin functioning as a medium of exchange on the platform. They can use this to receive payment in the cryptocurrency as well as pay for rights. This is the first time that Kodak has revealed...

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Increased Regulatory Scrutiny Is Bad News For US Investors

Investment in the crypto space has gone ballistic. When it was just a few million dollars here and there, it was just a niche experiment. Now that there are billions in investments going in, and market capitalizations of coins are measured in hundreds of millions and even billions of the top players, regulators are being forced to take a closer look. The amount of money raised by ICO cumulatively is nearing $4 Billion since 2014. But we can see that the vast majority of it has been this past year. With crypto assets on the verge of going mainstream and...

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Visa Suspends WaveCrest

Visa have very publicly ended their working relationship with debit card provider WaveCrest, which have left many people without funds. WaveCrest boasts global and digital prepaid payment solutions for businesses, consumers and even governments. This is because they offer flexible methods to send and receive funds from around the world in multiple currencies, both traditional and virtual, at the ‘speed of light’. They offer fast, cost-effective and innovative global payments. They offer innovative ways to send and receive payments in a global economy that is constantly changing. This is why the news that’s Visa are no longer supporting them has...

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