James Altucher would like you not to hate him because of his bitcoin ads. You know, like the one of his head with bitcoin (BTC) eyes on a background of fire. He’d also like you to take him seriously, despite a penchant for ads with the calm dignity of CNBC’s Jim Cramer (whose show Altucher once wrote for), and a hairdo with the restrained style of Phil Spector.
BitConnect promoter Divyesh Darji is being sought by police in India after allegedly getting involved in a trio of cryptocurrency scams.
Every year crypto-critic and fiat-billionaire Warren Buffett auctions off a lunch for eight to support his daughter’s favorite charity, GLIDE in San Francisco. This year, crypto-entrepreneur Justin Sun won Buffett’s Glide charity auction with a record $4.5 million bid. Buffett had previously called bitcoin “rat poison squared” so this ought to be interesting.
In April 2018, Millennial trading app Robinhood announced it would soon be available in a handful of states. Complex banking regulations in each state meant that they had a lot of hurdles to get over before they could offer their free crypto and stock trading services in all 50 states. But in January RobinHood announced they had finally gotten a New York State “Bitlicense”, one of fintech’s highest hurdles. Users in New York State can now trade on Robinhood as of May 23.