• Bitcoin $20T Shark Tank O'Leary
    Bitcoin,  People,  Regulation

    Bitcoin headed to $20T: Shark Tank’s Kevin O’Leary

    The one-time crypto naysayer has changed his tune—and come out as a long-time hodler—thanks to regulators’ recent embrace of Bitcoin exchange traded funds

    During an interview with market research firm Stansberry Research, O'Leary said that a target price of $100,000 per Bitcoin does not seem improbable to him anymore. O’Leary, who once said he would never invest in Bitcoin, admitted that he has had both Bitcoin and Ether investments since 2017, but “not really been able to speak about it because regulators really frowned on it.”

  • Coinbase expands to Canada
    Cryptocurrencies

    Coinbase expands to Canada ahead of possible IPO

    The exchange is building a Canadian office as it expands operations out of the U.S. ahead of a possible stock offering

    The move comes as Coinbase moves ahead with its attempt to launch an initial public offering (IPO) and sell shares in the company—becoming the first firm in the cryptocurrency industry to go public the traditional way.

  • Who's the jackass now? (via Pixabay)
    Bitcoin

    We interview the Bitcoin YouTuber who scammed a scammer

    A con artist pitching ‘double your bitcoin every 24 hours’ was herself taken in by her would-be sucker

    A Canadian Bitcoin YouTuber turned the tables on a scammer this week, convincing a con artist—who promised to double bitcoin investments in 24 hours—to send him $50 worth of the cryptocurrency. He promptly passed it along to Bitcoin Venezuela, a charity providing food in the suffering country.

  • The libra logo on a cellphone sitting on some coins. What else do you need to see? (via Shutterstock)
    Libra

    From privacy regulators to Walmart, Facebook’s Libra faces growing threats

    The US, EU, Canada, and Australia demand data protection guarantees; Walmart patents its own cryptocurrency

    In a joint statement on August 6, data protection regulators from the United States, United Kingdom, European Union, Canada, and Australia came head-on, issuing a joint statement slamming the Libra project and Facebook for failing to address the fledgling cryptocurrency’s privacy risks.