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In a recent report from BI Intelligence, Business Insider's paid research service, we looked into all the reasons why Bitcoin shows promise as a technology that may one day threaten other forms of payment, including cash, credit cards, and money transfers.
In full, the report:
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Bitcoin's greatest potential is as a global payments network, to power transactions that are extremely low-cost, virtually frictionless, and easily flow across national borders.
Brazil Moves to Probe Banks After Crypto Exchanges Denied Services
Brazil's antitrust watchdog is investigating whether the major banks in the country worked together to close off access to cryptocurrency services.
The Administrative Council for Economic Defense (
Japan Lost $540 Million to Crypto Hacks in First Half of 2018
After news broke yesterday of yet another hack of a cryptocurrency exchange in Japan, the country's police authority has released figures revealing the rise in such attacks this year.
Coinbase Refutes Claims in New York Attorney General's Exchange Report
A recent report published by the New York Office of the Attorney General (OAG), which claimed several cryptocurrency exchanges it investigated are vulnerable to market manipulation, has drawn backlash
Singapore Central Banker: No Tokens We've Reviewed Need Securities Rules
The Monetary Authority of Singapore (MAS), the city-state's de-facto central bank, believes that no tokens it has seen need to be regulated under its securities laws.
During a fireside chat at Coi
Messaging Giant LINE Unveils Ambitious Plan for Crypto Token Ecosystem
LINE, the messaging app giant from Japan, has unveiled plans that will see it launch an ambitious, token-powered ecosystem by the end of 2018.
Aimed at capitalizing on the company's big user base –
Crypto Advocate Cody Wilson Charged With Child Sexual Assault
Cody Wilson, founder of the 3-D printed gun company Defense Distributed and cryptocurrency advocate, has been charged with sexually assaulting a minor.
According to an affidavit obtained by CoinDes
Crypto Exchange Zaif Hacked In $60 Million, 6,000 Bitcoin Theft
Yet another Japan-based cryptocurrency exchange has been hacked with a loss of total 6.7 billion yen, or $60 million worth of cryptocurrency, including 6,000 bitcoin.
The exchange, called Zaif, ope
Coinbase Hires Fannie Mae Executive as Chief Legal Officer
Crypto exchange Coinbase has hired a new chief legal officer in its ongoing push to grow its leadership team.
Brian Brooks, a former executive vice president, general counsel and corporate secretar