Alexis Ohanian, co-founder of Reddit and known crypto bull, claimed that the crypto hype is gone, leaving space for true crypto believers. Ohanian spoke on the subject in an interview with Yahoo Finance released on Feb. 22. When asked if he is still a big believer in crypto, Ohanian acknowledged that the current state of the market is undoubtedly still considered to be a crypto winter, which means crypto prices are depressed. However, citing Coinbase CEO Brian Armstrong, Ohanian emphasized that the bear market has contributed to the elimination of speculators, while true crypto believers have stayed to build real …

Canadian cryptocurrency exchange QuadrigaCX is down for maintenance, according to an announcement on its webpage on Jan. 28. The exchange, which has been wrapped up in legal troubles with the Canadian Imperial Bank of Commerce (CIBC), is inaccessible as of press time. Screenshot of QuadrigaCX Webpage. Source: QuadrigaCX The exchanges users, some of whom have purportedly been unable to access or withdraw their funds for months, took to Reddit and Twitter. One user asked, “Shouldn't you let your customer know before taking it down?” Some users on a Reddit post speculated as to whether the exchange had gone insolvent. One …

Cameron Winklevoss stated that “Bitcoin [BTC] is most likely the winner in the long term” during an Ask Me Anything (AMA) session on Reddit today, Jan. 7. Answering a question about whether or not Bitcoin will keep its number one position among cryptocurrencies, Cameron expressed his optimistic view of the coin, saying that “Bitcoin is certainly the OG crypto! It's hard to defeat network effects — so in terms of 'hard money' (i.e., store of value) Bitcoin is most likely the winner in the long term.” The Winklevoss brothers also said in today’s AMA that they “are committed as ever …

Stalwart Bitcoin (BTC) community subreddit “/r/Bitcoin” has hit the 1 million subscriber mark, according to a post from moderator “ibelite” on Dec. 2. One of the most well-known online Bitcoin communities, /r/Bitcoin was founded in September 2010, almost two years after the release of the Bitcoin white paper. The subreddit has reached the 1 million subscribers point amid the recent market slump beginning on Nov. 14, which continued throughout the week as Bitcoin fell below $4,000 on Nov. 29. The subreddit notes in its description that they are “dedicated to Bitcoin, the currency of the Internet,” continuing: “Bitcoins are issued …

Reddit users have alleged that American Express (Amex) has sponsored crypto-skeptical content on Twitter, according to a popular forum thread opened Tuesday, Oct. 16. The tweet in question was allegedly circulated through Bloomberg’s Twitter network “TicToc” on Oct. 11, and was reposted as a screenshot to Redditor u/Alexsayzz’s thread titled “Anti-crypto propaganda... promoted by American Express,” which has had 4,100 upvotes and drawn 437 comments as of press time. As the screenshot reproduced below indicates, the tweet appears to have the hallmarks of a promoted post, and is recorded as having 42,000 views at the time the screenshot was taken. …

Alexis Ohanian, a co-founder of both Reddit and VC firm Initialized Capital, upheld his $20,000 Bitcoin (BTC) and $1,500 Ethereum (ETH) forecasts for 2018 in an interview with CNBC on July 24. Speaking of the “battle-tested” Bitcoin, Ohanian said the asset is “certainly the most robust” and “one of the best proofs” of crypto being a possible store of value — something he underscored as increasingly important in a global context of fiscal and political “uncertainty.” Ohanian noted that “as volatile as it’s been, we see [Bitcoin] continuing to go up over the long term,” adding that his belief in …

Encrypted email service ProtonMail is “considering” launching an Initial Coin Offering (ICO), the company’s CTO Bart Butler confirmed to Cointelegraph in a statement today, July 23. Butler also wrote on Twitter today –– in response to commentators mostly negative speculation about the company running an ICO based on a job listing –– that the company is “exploring issuing a token as an alternative to traditional VC funding.” The service’s potential crypto token is evidently to be dubbed “ProtonCoin,” according to what appears to be the project’s official site, which was quietly launched on June 19. According to domain registrar service …

Litecoin founder Charlie Lee posted on Reddit today, July 17, to clarify his position within the Litecoin Foundation and the future of the Foundation following its acquisition of a stake in German bank WEG Bank AG. In his post, Lee mentioned the possibility of the bank offering crypto services. Last week, the Litecoin Foundation acquired a 9.9 percent share in WEG Bank through a new strategic partnership with crypto-fiat payments firm TokenPay. In exchange for providing its blockchain, logistics, and marketing expertise to TokenPay’s crypto and business operations, Litecoin received TokenPay’s former 9.9 percent stake in WEG. In his post …

Major crypto exchange Kraken has issued a scathing response to a recent Bloomberg article about stable cryptocurrency Tether (USDT) allegedly “defying logic” on Kraken’s platform. The article in question, titled “Crypto coin Tether defies logic on Kraken’s market, raising red flags,” was published on Bloomberg June 29, with comments and analysis from several academics and Andrew Rennhack, a former professional poker player. Its authors allege that the price of Tether might be manipulated on Kraken, citing “oddly specific order sizes” and the fact that “huge trades move prices about the same as small ones.” According to Bloomberg, the trades that …

Ian Balina, a cryptocurrency investor and advisor, was reportedly hacked for more than $2 mln in crypto while doing a live stream on his YouTube channel Sunday, April 15, that he advertised as “Hacking the System.” ICO Review Live Stream - April 15, 2018 https://t.co/M77FDe40OA pic.twitter.com/6o29bR9216 — Ian Balina (@DiaryofaMadeMan) April 16, 2018 Watching the live stream of Balina’s Initial Coin Offering (ICO) review, viewers can see the point where Balina was unexpectedly logged out of his Google Spreadsheets, which is most likely the moment when the hack would have taken place: After the live stream ended earlier than planned, …

We promised the coming of Bitcoin Jesus, and his time has come. Here is Roger Ver answering the questions put forward by you, our readers and community members at the Inside Bitcoins conference in Hong Kong! We had a huge number of entries and so tried to allow Roger to speak about as wide a variety of topics as possible - we hope you enjoy hearing what he has to say. Don't forget to give us your feedback and let us know who else you would like to ask some Bitcoin questions, and as always, be sure to keep following …

American journalist and podcaster David Seaman posted a scathing critique of the IRS’s newly announced stance on Bitcoin earlier this week. The IRS has said it will be taxing Bitcoins, and any other digital currencies, as property. In his post on Medium, called “The US Government’s Vendetta Against Bitcoin is Unacceptable,” Seaman says Washington’s position is going to undercut America’s ability to innovate in the cryptocoin space, and some other countries are going to take the lead. “Miners are subject to the self-employment tax,” he writes. “Are you kidding me? Running a program on your computer makes you self-employed? “I …