Andrius Vaškevičius

Cryptocurrency Prices to Surge in the Near Future, Says John McAfee
Markets
Cryptocurrency Prices to Surge in the Near Future, Says John McAfee
The outspoken businessman, digital security expert and crypto advocate John McAfee believes that virtual currency prices are about to rebound from the recent slump and increase in the coming months. Despite the fact that crypto markets took another beating yesterday, with bitcoin dropping below the $8000 mark, he believes a change in fortunes is just around the corner. McAfee’s reasoning behind the supposed crypto upturn adds to the growing chorus…
British Cryptoassets Taskforce Meets and Agrees On The Objectives
Blockchain
British Cryptoassets Taskforce Meets and Agrees On The Objectives
The recently-established UK government’s crypto assets taskforce has held its initial meeting to assess its goals, plans, and general agenda. The creation of such taskforce was announced in March as part of the ‘Fintech Sector Strategy’ and it is comprised of three key contributors: Her Majesty’s Treasury, Bank of England and the Financial Conduct Authority (FCA). The first meeting was attended by some of the most prominent financial officials of…
Crypto Investor Brian Kelly Says Bitcoin Cash is a Must-Own
Altcoins
Crypto Investor Brian Kelly Says Bitcoin Cash is a Must-Own
CEO of the cryptocurrency investment company BKCM LLC and an outspoken advocate of digital currencies Brian Kelly expressed a bullish sentiment on Bitcoin Cash (BCH) while speaking on CNBC. In a short segment in the Fast Money show, Mr. Kelly showered BCH with continuous praise and explained why it is a cryptocurrency he is willing to buy and hold. The explanation is two-fold and really straightforward. The first part of…
New Cryptocurrency Exchange for Institutional Investors - Cryptocurrency Market to the Mainstream!
Adoption
New Cryptocurrency Exchange for Institutional Investors – Cryptocurrency Market to the Mainstream!
Institutional investors have been treading carefully around crypto exchanges so far, due to an apparent lack of regulation and volatility, stirring the markets on a daily basis. Nonetheless, they now have a convenient entry point when it comes to virtual currency trading, as the London-based LMAX Exchange Group has launched the first physical cryptocurrency exchange for institutional clients. The so-called LMAX Digital platform is reportedly an outcome of numerous requests…
Tether Generates Another $250m Worth of USDT Tokens
Altcoins
Tether Generates Another $250m Worth of USDT Tokens
Already surrounded by controversy, the Tether stablecoin has minted an additional $250 million worth of its USDT coins. The creation of large amounts of Tether tokens has been a topic of heated debate in the crypto community in the past and it is sure to ignite some controversy this time as well. Many believe that such USDT token influxes have a direct impact on the price of the two biggest…
Swiss Government is Studying the Risks and Benefits of State-Backed Cryptocurrency
Adoption
Swiss Government is Studying the Risks and Benefits of State-Backed Cryptocurrency
In an exciting announcement for the crypto sphere, the government of Switzerland has formally requested a report into the potential risks and opportunities of launching its own state-backed virtual currency, the e-frank. The request now awaits approval from the lower house of the Swiss parliament. Should it be allowed to move forward, the Swiss Finance Ministry will be obliged to conduct an official study on the subject. Romeo Lacher, Chairman…
Alibaba’s Jack Ma Says Bitcoin is a Bubble but Blockchain is not
Blockchain
Alibaba’s Jack Ma Says Bitcoin is a Bubble but Blockchain is not
Jack Ma, who happens to be the richest man in Asia by virtue of co-founding and leading the e-commerce giant Alibaba, seems to be a fan of distributed ledger technology but does not rate digital currencies at all. The executive chairman of the Alibaba Group believes there is a bubble forming in the most popular cryptocurrency but the underlying technology behind it holds a huge promise and potential for the…
Aniston Scam
Regulations
Texas Regulators Shut Down Crypto Scam, Falsely Using Jennifer Aniston and Prince Charles for Promotion
 Texas State Securities Board has eliminated another deceitful outfit from the crypto sphere, as the regulators issued an emergency cease-and-desist order against a crypto company Wind Wide Coin, citing illegal, deceptive and fraudulent behaviour. Wind Wide Coin boasted of achieving 900% daily profits with an automatic trading bot that exploited inefficiencies and volatility of the crypto markets. Such eye-watering numbers should have already been a sign of potential scam for…
Twitter CEO - Jack Dorsey
Bitcoin
Bitcoin Will be the Currency of the Internet, Says Twitter CEO – Jack Dorsey
 CEO of social media giant Twitter and payment platform Square Jack Dorsey is positive about the role of cryptocurrencies further down the road, claiming that “The internet is going to have a native currency so let’s not wait for it to happen, let’s help it happen. I don’t know if it will be bitcoin but I hope it will be.“ Speaking at the Consensus blockchain conference, Mr. Dorsey, who has…
Blockchain
Bing Jumps Aboard the Anti-Crypto Train, Bans Cryptocurrency Ads
 Microsoft search engine Bing has joined such social media moguls as Facebook, Google and Twitter in prohibiting cryptocurrency advertising, under the pretence of user protection. According to the official announcement, the main issue for Bing in the case of virtual currencies is the lack of regulation, which allegedly puts the users at risk. The official blog post claims that “Because cryptocurrency and related products are not regulated, we have found…