Tag Archives: Calls

Bitcoin Price Steady as Bank of England Exec Calls Cryptocurrency a Failure

Bitcoin’s price held steady in the last 24 hours even as the Bank of England’s governor Mark Carney declared the cryptocurrency a failure.  According to Carney, bitcoin had “pretty much failed” as far as “the traditional aspects of money” were concerned. “It is not a store of value because it is all over the map. […]

Bitcoin price: BTC breaks £7,000 barrier hours after Warren Buffett investment chief calls it a ‘noxious poison’

The price of bitcoin has surged past the £7,000 mark just hours after Warren Buffett’s investment chief called the cryptocurrency a “noxious poison”. The notoriously volatile cryptocurrency touched a high of $10,293 (£7,319) on Friday as confidence rallied after a series of shocks that saw prices plummet below $6,000 (£4,267) earlier this month. The stabilisation of […]

FCC serves Bitcoin miner notice for static on T-Mobile calls

Ian Knighton/CNET The US Federal Communications Commission thinks it has tracked down the culprit who interfered with cell-carrier T-Mobile’s LTE band and caused static on calls in Sheepshead Bay, Brooklyn. Blame it on Bitcoin. The agency served notice on the individual running an Antminer s5 Bitcoin Miner, giving them 20 days to respond (by snail mail, of […]

Munger calls bitcoin ‘totally asinine’

Tim Bradshaw in Los Angeles February 14, 2018 There cannot be many nonagenarians who spend their time worrying about cryptocurrencies. But Charlie Munger, the 94-year-old billionaire investor, is convinced that bitcoin is “noxious poison”. “I regard the bitcoin craze as totally asinine,” he told a packed hotel ballroom in downtown Los Angeles, where hundreds of […]

Berkshire’s Charlie Munger calls bitcoin ‘noxious poison’

Charlie Munger has no patience for bitcoin. During a two-hour question-and-answer session Wednesday at the Daily Journal shareholder meeting, the vice chairman of Berkshire Hathaway and longtime sidekick to Warren Buffett said he considers the current bitcoin craze to be “totally asinine.” “Bitcoin is noxious poison,” Munger said in response to a question. Munger, 93, […]

Head of BIS calls for clampdown on bitcoin

Martin Arnold February 6, 2018 Central banks must clamp down on bitcoin and other cryptocurrencies to stop them “piggybacking” on mainstream institutions and becoming a “threat to financial stability”, the head of the Bank for International Settlements has warned. Agustín Carstens, general manager of the BIS – known as the bank for central banks because […]

Bitcoin draws calls for more regulation at Davos

Politicians from around the globe attending the World Economic Forum in Davos have put cryptocurrencies such as Bitcoin in their crosshairs, calling for more regulation to prevent them from being used for criminal activity. Speaking to Bloomberg, Prime Minister Theresa May said: “We should be looking at these very seriously precisely because of the way […]

Virginia Lawmaker Calls for Crypto Impact Study

A state senator in the U.S. state of Virginia has filed new legislation that would mandate an impact study on cryptocurrencies. A new bill introduced by Glen Sturtevant would launch a study, which, if approved, would seek to assess how the growth of cryptocurrencies and their use impacts everyday Virginians. The bill has been sent […]

Parity Calls for Ethereum Hard Fork to Reverse $230 Million Bug

Security Hard forks to reset a cryptocurrency to a previous state can be very contentious, tearing apart communities of supporters into warring factions. Ethereum already underwent such a scenario after the DAO debacle, creating a precedent, and now Parity is asking for a hard fork.  Also Read: A Hacker Gained Access to […]

India’s Supreme Court Calls on Government to Regulate Bitcoin

The Indian Supreme Court has asked the government to respond to calls to regulate bitcoin. Three justices issued a notice to the central bank, the market regulator, the tax department, and several other agencies, asking them to answer a petition on the matter, the Hindu, an Indian newspaper, reported Tuesday. The original petition to the court […]

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