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Showing posts with the label April 11

Cryptocurrency investor sues Chase over credit-card fees

An Idaho man claims JPMorgan Chase duped him into paying stiff cash-advance fees after he used a credit card to buy cryptocurrencies at peak prices earlier this year. Brady Tucker bought $2,301 worth of cryptocurrencies from Jan. 15 through Feb. 2 — a period when bitcoin prices slid from around ... from Google Alert - cryptocurrency https://ift.tt/2EFf91V via IFTTT https://ift.tt/eA8V8J

Will NVIDIA's and AMD's Cryptocurrency Mining Businesses Take a Hit?

There's been a shortage of graphics cards in the market as miners have lapped up the chips to mine for cryptocurrency , leading to a massive spike in GPU (graphics processing unit) prices. By some estimates, miners bought 3 million GPUs last year worth $776 million, and AMD was apparently the ... from Google Alert - cryptocurrency https://ift.tt/2qnSOlm via IFTTT https://ift.tt/eA8V8J

Timothy Enneking Believes the Cryptocurrency Bear Market Is Ending

Timothy Enneking, managing director of Crypto Asset Management, LP, believes the bear market is largely over. He and other analysts believe that bears are losing their grip on cryptocurrency markets: cryptocurrencies are the green today after experiencing significant volatility since the start of this year. from Google Alert - cryptocurrency https://ift.tt/2IMtk7Y via IFTTT https://ift.tt/eA8V8J

JPMorgan sued over 'sky-high' fees for cryptocurrency buys

Brady Tucker, a Chase credit-card customer in Idaho, claims the bank began treating his cryptocurrency buys as cash advances in January rather than purchases, and charging him interest rates of as much as 30% a year and additional fees. Tucker, who is seeking class-action status for the suit filed on ... from Google Alert - cryptocurrency https://ift.tt/2HfbgGj via IFTTT https://ift.tt/eA8V8J

JPMorgan Accused of Overcharging Customers on Cryptocurrency Transactions

JPMorgan is not the only financial institution that imposes hefty charges for transactions associated with cryptocurrency . Visa and Mastercard were also accused of changing the merchant classification code of several crypto exchanges, prompting banks to treat card purchases on those venue as cash ... from Google Alert - cryptocurrency https://ift.tt/2EEL1DP via IFTTT https://ift.tt/eA8V8J

Welp, There's a Cryptocurrency Wallet for Young Children Now

Well your wait is over thanks to Pigzbe, an adorable cryptocurrency hardware wallet and interactive app, powered by a “family-friendly” token called Wollo. It will also teach families “ cryptocurrency values” such as “volatility,” according to the white paper. It's the latest project by designer Filippo Yacob and ... from Google Alert - cryptocurrency https://ift.tt/2qpfxgK via IFTTT https://ift.tt/eA8V8J

JPMorgan Sued Over 'Sky-High' Fees for Cryptocurrency Purchases

Brady Tucker, a Chase credit-card customer in Idaho, claims the bank began treating his cryptocurrency buys as cash advances in January rather than purchases, and charging him interest rates of as much as 30 percent a year and additional fees. Tucker, who is seeking class-action status for the suit ... from Google Alert - cryptocurrency https://ift.tt/2HeZoEc via IFTTT https://ift.tt/eA8V8J

Cryptocurrency Startup To Take On 'Outdated' Credit Cards Through Blockchain Payment Protocol

PumaPay is building a Blockchain-based protocol to reform how everyday financial transactions are completed – with a warning that credit and debit cards are unfit for purpose in today's “fast-paced, global economy.” PumaPay claims its system has what it takes to propel cryptocurrencies into ... from Google Alert - cryptocurrency https://ift.tt/2IKjpje via IFTTT https://ift.tt/eA8V8J

Financial Services and Cryptocurrency Experts To Meet in Chicago For Distributed: Markets 2018

CHICAGO, April 11, 2018 /PRNewswire/ -- Navy Pier's iconic Grand Ballroom will soon host premier financial markets executives as well as cryptocurrency insiders to explore how the next generation of financial institutions will be established. Distributed: Markets will cover a wide range of hot topics ... from Google Alert - cryptocurrency https://ift.tt/2qqt0F2 via IFTTT https://ift.tt/eA8V8J

Vietnam calls for tougher measures on cryptocurrency

In a directive, Prime Minister Nguyen Xuan Phuc told the State Bank of Vietnam, the Ministry of Public Securities and other bodies to tighten the "management of activities related to bitcoin and other cryptocurrency ", the government said. " Cryptocurrency investment and trading and raising money through ... from Google Alert - cryptocurrency https://ift.tt/2GV34I5 via IFTTT https://ift.tt/eA8V8J

SingularDTV (SNGLS) Is The New Bizarre Cryptocurrency On The Market

SingularDTV (SNGLS) is a blockchain-based entertainment platform that aims to change the entertainment industry via decentralized tools. The platform launched as an erc-20 token on the Ethereum network. Its main goal is to aid in reshaping the industry by providing a fully transparent framework for ... from Google Alert - cryptocurrency https://ift.tt/2HxKozn via IFTTT https://ift.tt/eA8V8J

JPMorgan sued over fees for cryptocurrency purchases

Chase spokeswoman Mary Jane Rogers declined to comment on the lawsuit but said the bank stopped processing credit card purchases of cryptocurrency on Feb. 3 because of the credit risk involved. Customers can use their Chase debit cards to buy cryptocurrency from their checking accounts without ... from Google Alert - cryptocurrency https://ift.tt/2GRuRZR via IFTTT https://ift.tt/eA8V8J

New York Townhouse Now On Sale For $45 Mln In Cryptocurrency

A six-story townhouse on New York's Upper East Side is listed for sale for either almost $30 mln in fiat or $45 mln in cryptocurrency , the Wall Street Journal (WSJ) reports today, April 11. Blockchain seed and angel investor Claudio Guazzoni de Zanett has said that he will accept Bitcoin (BTC), Ethereum ... from Google Alert - cryptocurrency https://ift.tt/2Hsfb0n via IFTTT https://ift.tt/eA8V8J

Galileo cryptocurrency API enables real-time funds transfers at point of sale

Galileo, one of the largest and most innovative payments processors and program managers in North America for prepaid, debit, credit and virtual transaction processing, today announced the launch of the Galileo Cryptocurrency API to bridge the gap between cryptocurrencies and mainstream ... from Google Alert - cryptocurrency https://ift.tt/2GPVHBD via IFTTT https://ift.tt/eA8V8J

JPMorgan sued over fees for cryptocurrency purchases

NEW YORK, April 11 (Reuters) - JPMorgan Chase & Co has been hit with a lawsuit in Manhattan federal court accusing it of charging surprise fees when it stopped letting customers buy cryptocurrency with credit cards in late January and began treating the purchases as cash advances. Filed on ... from Google Alert - cryptocurrency https://ift.tt/2qp9PLi via IFTTT https://ift.tt/eA8V8J

Barclays' Bitcoin [BTC] outburst – Are the banks jealous of cryptocurrency's fame?

Bitcoin has been resembled to the spread of an infectious disease according to a group of analysts at Barclays. They believe that current slump in cryptocurrency has come due to the immunity developed by the buyers. The analysts have compared many models to come to a conclusion that Bitcoin has ... from Google Alert - cryptocurrency https://ift.tt/2GQKbKl via IFTTT https://ift.tt/eA8V8J

Data Points to Positive Projections for the Cryptocurrency Market

According to a report published by Coherent Market Insights, the cryptocurrency mining market is expected to grow at a compound annual growth rate of 29.7 percent to reach US $ 38.38 Billion by 2025, from US $ 610.91 million in 2016. China dominated the global cryptocurrency mining market in 2016 ... from Google Alert - cryptocurrency https://ift.tt/2qp9JTW via IFTTT https://ift.tt/eA8V8J

Bithumb Exchange Promotes Offline Cryptocurrency Payments in South Korea

Cryptocurrency exchange Bithumb is taking digital currencies into the 'real world' by promoting their use in everyday activities, such as buying goods from vending machines. This week, the exchange announced its kiosks in South Korea are accepting Bitcoin Cash. from Google Alert - cryptocurrency https://ift.tt/2GTTxFm via IFTTT https://ift.tt/eA8V8J

Backpage faces federal indictment for cryptocurrency laundering

Chief Postal Inspector, Guy Cottrell added that Backpage continuously used to exploit victims and finance their business. The indictment describes the defendant's behavior of converting payment in and out of cryptocurrency to conceal their crime and evade law enforcement, but the cryptocurrency trail ... from Google Alert - cryptocurrency https://ift.tt/2qp9CYw via IFTTT https://ift.tt/eA8V8J

Vietnam urges greater scrutiny of cryptocurrency deals amid alleged scam

Vietnam on Wednesday urged greater vigilance against cryptocurrency transactions and investments, as officials in its economic hub asked police to investigate what could prove to be the country's largest cryptocurrency fraud. In a directive, Prime Minister Nguyen Xuan Phuc told the State Bank of ... from Google Alert - cryptocurrency https://ift.tt/2HrogGv via IFTTT https://ift.tt/eA8V8J