Controversial Bitcoin (BTC) spin-off Bitcoin Cash (BCH) has hit new all-time lows against its parent after Tesla publicly rejected using it for payments. In a series of tweets on March 24, CEO and "Technoking" Elon Musk confirmed that U.S. customers could now buy a Tesla using BTC — but his company shunned "fork products" such as BCH. Tesla: Don't send us anything but BTC Bitcoin Cash spun off from the Bitcoin blockchain in August 2017 and has since remained a controversial entity within cryptocurrency. Proponents claim supremacy over Bitcoin thanks to BCH fees being far lower while transactions also tend …

Internet entrepreneur and digital rights activist Kim Dotcom has been enthusiastically promoting Bitcoin Cash as a medium of exchange, but still remains bullish on Bitcoin. According to a tweet to his 711,700 followers today, Dotcom predicted the price of Bitcoin Cash (BCH) would increase 867% in 2021, reaching more than $3,000. He said he was also going to support BCH on his crypto-enabled peer-to-peer content monetization blockchain K.im. Bitcoin > great for asset storage Bitcoin Cash > great for payments Bitcoin Cash at $310 today. I expect $3000+ next year. Why? More and more vendors accept crypto. Vendors want low …

Internet entrepreneur and digital rights activist, Kim Dotcom, congratulated Twitter followers who bought Bitcoin based on his advice in 2018. According to a tweet published on August 17, the founder of the now-defunct file-sharing website, Megaupload, also praised followers that managed to capitalize on gold’s rising prices. In August 2018, Dotcom told his followers that they should buy Bitcoin and gold. He said that the U.S. dollar “will become worthless” and that he believed that a “U.S. economic collapse” was imminent. He felt that this would take all “old money currencies” down, explaining: "Times will get tough. But you’ll be …

Cryptocurrency exchange Bitfinex has abruptly canceled its token sale for K.im, Kim Dotcom’s Bitcoin (BTC) content sharing service. In a blog post on Nov. 5, executives said they had agreed not to go ahead with the sale, an initial exchange offering (IEO) which had a planned fundraising goal of $8 million. Bitfinex: Risks have “become clear” The reason, they claimed, was the changing face of regulatory scrutiny over such tokens, which posed potential difficulties for both issuers and investors. “Since we announced the debut of Kimcoin on the Bitfinex Token Sale platform, the regulatory environment has rapidly evolved. The risks …

Entrepreneur and Bitcoin (BTC) entrepreneur Kim Dotcom has revealed his new company K.im is directly supporting WikiLeaks founder, Julian Assange. Dotcom offers Bitcoin to Assange In a tweet on Oct. 29, Dotcom said 10% of K.im’s transaction fees were going towards helping Assange’s ongoing legal battle. “http://K.im supports @Wikileaks and Julian Assange by committing 10% of our transaction fee income to Wikileaks and Julian’s legal team,” he wrote. Dotcom added: “This may provide sufficient Bitcoin for his defense and enable Wikileaks to increase its truth-telling capabilities. Stay strong!” Assange currently faces extradition to the United States on charges of allegedly …

Kim Dotcom, the controversial internet entrepreneur and founder of the now-defunct file storage platform Megaupload, is making a comeback in the digital content business. This time, instead of a platform that allows users to download copyright songs and television series, Dotcom plans to use blockchain technology to create a fair digital content distribution market called K.IM. According to K.IM’s white paper, the proposed project is pitched as a dynamic ecosystem that is “aimed to become the easiest and the most secure way to generate revenue with digital content.” The project plans to facilitate consumer and publisher transactions while cutting out …

Cryptocurrency exchange Bitfinex has announced the relaunch of its Initial Exchange Offering (IEO) platform Tokinex as Bitfinex Token Sales and will offer the token of P2P digital content and monetization blockchain K.IM on October 22. The news was revealed in a press release shared with Cointelegraph on Sept. 24. A Bitcoin-integrated token Per the release, K.IM has raised $2.5 million in funding from BnkToTheFuture, Bitcoin Capital and Max Keiser. According to the project’s roadmap, the platform is expected to go live in Q3 2020 alongside a formal listing on Bitfinex. Entrepreneur, digital rights activist and founder of now-defunct file-sharing website …

Bitcoin (BTC) price regained $10,000 Aug. 15 restoring investor confidence just hours after touching a higher low of $9,500 compared to the $9,300 dip in late July. Bitcoin price embraces five figures Data from Coin360 shows BTC/USD put in a sudden rally on Thursday, gaining more than 5% in hours and subsequently holding onto support above $10,000. Bitcoin 24-hour price chart. Source: Coin360 The latest break to the upside reinforced an already positive mood among traders and analysts, who earlier recommended not treating Bitcoin’s dip to four figures as proof of a bear market return. As Cointelegraph reported, it was …

Leveraging the power of ICOs is a habit of brand-new startups, or even just projects - but the phenomenon is turning into something bigger. The ability of small groups - in fact anyone - to now issue a digital token and potentially make millions of dollars is a mixed blessing for the Blockchain industry. While the average entrepreneur now has more power than was imaginable even two years ago, ease of access to funds in a nascent industry has led to major concerns. Full-on ICOs, empty promises Well-known investment figures, both in Blockchain and beyond, have released formal warnings to …

Megaupload entrepreneur creator Kim Dotcom has announced he will launch an ICO for his Bitcache project. The announcement caps a long-awaited list of updates on the “encrypted anonymous” content sharing platform, which Dotcom has built to incorporate Bitcoin payments. The ICO, Dotcom announced on Twitter Wednesday, will raise funds towards “building global infrastructure.” At the same time, a limited release of Bitcache will be available for testing by users “next week.” Next week you can register and try the first feature set of K.im and Bitcache. Then we're doing an #ICO to build our global infrastructure. — Kim Dotcom (@KimDotcom) …

Controversial entrepreneur Kim Dotcom has announced his mysterious MegaNet venture will become a reality early next year, vouching to raise US$100 million in funding. A Twitter update by Dotcom states that MegaNet, which combines the internet with the unalterable record-keeping capabilities of the blockchain, will be open to crowdfunding from January 20, 2016 – four years since the paramilitary raid on his home by the New Zealand police. MegaNet details will be revealed and equity will be available via crowd funding on 20 Jan 2016, the fourth anniversary of the raid. #Disrupt — Kim Dotcom (@KimDotcom) June 10, 2015 The …