Here’s What Warren Buffet Misses About Bitcoin…

Here’s What Warren Buffet Misses About Bitcoin… Billionaire investor and Berkshire Hathaway CEO, Warren Buffet, has once again offered his thoughts on Bitcoin (BTC). Appearing on CNBC earlier today, he stated that his position on the digital currency had not changed. However, the more Buffet offers in way of critique of Bitcoin, the more it appears that he cannot…

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Hacker Moves 2.09 Mln EOS Following Blacklist Update Failure

Hacker Moves 2.09 Mln EOS Following Blacklist Update Failure An anonymous hacker managed to move 2.09 million EOS ($7.7 million) from a hacked account due to an alleged failed update by an EOS block producer (BP), according to a Telegram post by EOS block producer EOS42 on Feb. 23. The EOS blockchain has a feature that requires BPs to blacklist compromised accounts; all top 21…

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Russian Official Seeks Extradition of Alleged Bitcoin Fraudster Alexander Vinnik

Russian Official Seeks Extradition of Alleged Bitcoin Fraudster Alexander Vinnik Russia’s Commissioner for Human Rights Tatyana Moskalkova has asked GreekJustice Minister Michalis Kalogirou to extradite the alleged former operator of now-defunct crypto exchange BTC-e, Alexander Vinnik, to Russia. The news was reported by Russian news outlet TASS on Feb. 25. In a letter to Kalogirou, Moskalkova reportedly asked the…

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Survey: Half of Alternative Investors Think Crypto is Bubble

Survey: Half of Alternative Investors Think Crypto is Bubble According to the 2019 Cayman Alternative Investment Summit (CAIS) survey, investors think that, as an asset class, cryptocurrency represents a bubble. The results of the survey were provided in a press release shared with Cointelegraph on Feb. 25. To prepare the survey, researchers reportedly examined approximately 100…

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Commerzbank, Siemens and Continental Complete Blockchain Money Market Pilot

Commerzbank, Siemens and Continental Complete Blockchain Money Market Pilot German banking and financial services company Commerzbank and technology companies Continental and Siemens have jointly conducted a money market security transaction pilot using blockchain technology. Cointelegraph auf Deutsch reported on the development on Feb. 21. Money market securities are short-terms assets that serve for financing companies and usually have a maturity…

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Huobi Korea to Strengthen Anti-Money Laundering Protections

Huobi Korea to Strengthen Anti-Money Laundering Protections Huobi Korea, the South Korean branch of the world’s sixth largest crypto exchange, has recently strengthened its anti-money laundering (AML) protections, according to a press release shared with Cointelegraph on Feb. 21. According to the statement, Huobi Korea, which launched its services in 2018, has reviewed its deposit and withdrawal processes and fiat-to-crypto…

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Latin America’s Largest Investment Bank to Launch Its Own Security Token

Latin America’s Largest Investment Bank to Launch Its Own Security Token Latin America’s largest investment bank Banco BTG Pactual SA is releasing its own blockchain-based security token, Bloomberg reported on Feb. 21. The token dubbed “ReitBZ” — which will be backed by distressed real estate assets in Brazil —  will reportedly enable the bank to provide its real estate business…

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Report: Bitcoin Unable to Solve Problems of Traditional Payment Systems

Report: Bitcoin Unable to Solve Problems of Traditional Payment Systems An official from Spain’s central bank, the Bank of Spain (BDE) believes that Bitcoin (BTC) is unable to resolve the problems faced by major payment systems. BDE’s Deputy General Director for financial innovations and market infrastructure, Carlos Colesa, gave his opinion on the leading cryptocurrency in a reportpublished…

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