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Bank Employee Incarcerates Up To 12 Years In Prison For Bitcoin Misappropriation

15 Jun 2020 1 minute read 0 comments PassionCryptodotcom

A former bank employee was convicted by a Chinese court of the diversion of bitcoin . Liu Lihua, 33, was sentenced for stealing 1.85 million yuan ($ 261,000) and loaning customers up to 770,000 yuan ($ 108,704) to buy bitcoin , according to court rul...

Banks becoming Crypto-Friendly ?

11 Jun 2020 1 minute read 0 comments Lodhfiaz

You surely know it and you may have already noticed it, our banks are not huge fans of cryptocurrencies. They don't trust the blockchain system, warn you about a widespread scam or they just see it as a threat to them. There are many reasons for this...

Japan's Top Three Banks to Speak Cryptocurrencies

7 Jun 2020 1 minute read 0 comments DHEagle

Giant institutions of Japan will gather for digital and cryptocurrencies. The three largest banks in Japan are planning to meet in the coming dates to establish a common system and standard for digital currencies. The three banks are known as Mitsubi...

Revolut online banking: demand among customers for cryptocurrencies increased by 68%

29 May 2020 1 minute read 2 comments Kluma

The British FINTECH startup reported that in April, users began to invest more often in bitcoin and other coins. People over the age of 55 have invested the most in digital assets. British FINTECH startup Revolut has reported an increase in the popul...

Elon Musk - the CEO of SpaceX and Tesla - continues his praise for bitcoin, as well as his attack on central banks.

19 May 2020 2 minute read 1 comment PassionCryptodotcom

Elon Musk: stimulus was a bad idea Musk has a serious problem with the way the US government has handled the coronavirus pandemic. He says a trillion dollar stimulus package is not a way to fix it, and that printing money out of thin air so everyone...

The first bank offering bitcoin is Italian

6 May 2020 1 minute read 2 comments MarioV

HYPE is a digital branch controlled by Banca Sella and has started to activate bitcoin wallets on its online platform.These are real bitcoins and not simple bits on the corporate information systems of this bank: because a 12-word SEED is created in...

Liquidity Crisis, The Elitist Term For Bank Run

1 Apr 2020 1 minute read 0 comments CronBTC

Earlier last month was the beginning of the end. When the markets started crashing we were entering a new kind of crisis. I’m not talking about the obvious one: The Corona Virus. I’m talking about the Liquidity Crisis.   What is Liquidity? In simples...

" The new crisis is a victory for bitcoin". When the price of a coin reaches the maximum

23 Mar 2020 1 minute read 0 comments Kluma

Operating Director of the Genesis Mining service Philip Salter explained how problems in the banking system will affect the rate of the first cryptocurrency, and why miners are responsible for the March fall in its value. The economic crisis will lea...

Comparison of Digital Banking Apps

25 Feb 2020 9 minute read 2 comments sebastianrichter

Recently, I was trying to find a way to create a joint bank account together with my future wife. An easy way to manage my finances along with hers, all in one single app without a PIN/TAN method, external hardware or even my laptop. It turned out ge...

TOP8 online banks that have their own VISA and MC cards. Which are they?

22 Feb 2020 2 minute read 0 comments DonMorello

Many people know Wirex online bank. However, there are a few other companies that support FIAT or cryptocurrencies and also have their own VISA / MasterCard debit card. Here's a detailed overview of the basics if you decide to use one in the future....