Embattled cryptocurrency exchange Bitfinex may be planning to issue a proprietary exchange token to cover the potential loss of $850 million, according to the founder of cryptocurrency venture capital firm dFund.
Crypto wild man John McAfee and Coinbase both made big announcements about crypto debit cards this week. True to form, McAfee’s posits itself as functioning outside of the system to protect you from “the man”. And Coinbase’s just looks like another place for them to collect fees. We tracked down all the info we could on them.
In disputing the New York State Attorney General’s claim that embattled cryptocurrency exchange Bitfinex and stablecoin-issuer Tether have lost $850 million, the CEO of the two firms’ parent company has raised a bigger question: why have four governments, including the U.S. and U.K., seized its money?
My first crypto moment was in 2012 when I saw that my local bodega had a credit card minimum of $10, but they would accept bitcoin. It was exciting but a little confusing. Yelp hopes to change that by adding “Accepts Cryptocurrency” as a qualifier on their app. We tried it out and here’s how it went: