Author: Crypto Insider

Don’t get the rug pulled out from under you, warns Oscar Gonzalez on CNET. Crypto pump-and-dump schemes are designed to take advantage of people while making some big money for scammers. They generally involve influencers who receive financial incentives for telling people to buy a certain digital coin in order to raise its value. Once…

Shopify Inc., a major e-commerce merchant partner, is making it easier for companies to sell NFTs. Shopify’s president shared the company’s plans to help its merchants sell NFTs. “If you’ve spent 1 minute on the internet this year, you’ve seen a lot about NFTs,” posted on Twitter Shopify President Harvey Finkelstein. “Shopify we are making…

Bitcoin has proven to be resilient even against such a strong shock as mining restrictions in China. Regions that offer the necessary infrastructure and easy regulations for transferring miners will gain the biggest benefit. The Cambridge Centre for Alternative Finance, a creator of the Cambridge Bitcoin Electricity Consumption Index (CBECI), estimates that China shared 46%…

Launched in May of 2016, BitcoinIRA is offering investors the tax advantage of an IRA in return for a high-risk but high-reward alternative asset class. The company already has above 100,000 account holders, including clients starting the age of 18. BitcoinIRA launched in May of 2016, offering investors the advantage of a tax-free, self-directed Individual…

Twitter CEO Jack Dorsey hinted at integrating Bitcoin into Twitter services and new features, including Twitter Tip Jar and Super Follows. Jack Dorsey sees top cryptocurrency Bitcoin will be one of the key trends for the future of Twitter. During the second-quarter earnings call, the Twitter CEO suggested that Bitcoin will be a “big part”…

Amazon is hiring a digital currency and blockchain expert for its payments team. Although, for now, the major retailer doesn’t accept any cryptocurrencies as payment for its products, the posting might signals that Amazon is taking a more serious look at crypto. Amazon is seeking to hire an “experienced product leader to develop Amazon’s Digital…