‘Extremely Bearish’: Crypto VC Says Bitmain Layoffs Could Spell Doom for Bitcoin Cash and Litecoin

Ongoing layoffs at cryptocurrency mega-firm Bitmain could start a fresh wave of selling in Bitcoin Cash and Litecoin markets, according to prominent crypto investor Kyle Samani. The cryptocurrency-focused venture capitalist said in a tweet that the Bitcoin mining giant is — if rumors are true — running out of money to continue its operations across…

Continue reading

Bank of America Files Patent for Blockchain-Enabled Cash Handlers

Banking December 26, 2018 10:30 CET Bank of America (BoA) has filed another blockchain patent, documents with the USPTO reveal. The American multinational investment bank stated that it would use blockchain, the underlying technology which powers the world’s leading cryptocurrency Bitcoin, to handle some portions of its cash handling devices. The patent, titled “Banking Systems Controlled…

Continue reading