Firm Archives | Digital Money Times

Startups-Focused Law Firm Now Accepts Bitcoin Payments

February 17, 2019 By Mark Lyford Leave a Comment

Cryptocurrency ventures that don’t wish to convert their holdings to fiat can now pay for legal services with bitcoin cash (BCH) or bitcoin core (BTC) with Atrium. The corporate law firm, which has helped over 300 startups raise more than $ 500 million in venture capital, now accepts direct cryptocurrency payments via Bitpay.

Also Read: Wikipedia Now Accepts Bitcoin Cash Donations via Bitpay

Atrium Fintech and Blockchain Now Accepts Bitcoin

Atrium, a legal services provider focused on high-growth startups, recently announced the acceptance of BCH and BTC payments for its Fintech and Blockchain practice (AFB) via the popular cryptocurrency payment processor Bitpay. Accepting payment in crypto will make engagement easier for its clients headquartered outside of the U.S. or with substantial cryptocurrency holdings. Read more...

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Bitfury Partners With R&D Firm to Launch Crypto Mining Center in Paraguay

February 8, 2019 By Mark Lyford Leave a Comment

Blockchain firm Bitfury will develop a bitcoin mining center in Paraguay. The new mining operation is in partnership with Seoul-based research and development firm Commons Foundation.

The collaboration is backed by the government of Paraguay, whose goal is to make the South American country a cryptocurrency mining hub.

The new center, which is a part of Commons Foundation’s “Golden Goose” project, will help to facilitate the innovation of blockchain technology and cryptocurrencies across Spanish-speaking countries. Bitfury will provide product and technical support for the project. Read more...

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$950 Million Stolen from ‘Immature’ Cryptocurrency Exchanges & Wallets in 2018: Analytics Firm CEO

January 31, 2019 By Mark Lyford Leave a Comment

$ 1.7 billion was stolen from cryptocurrency exchanges, custodial services, and in ICO exit scams in 2018. That’s a dramatic rise from the year before, despite the shrinking market. And according to the Q4 CipherTrace Cryptocurrency Anti-Money Laundering Report, that money needs to be laundered. But here’s the kicker: with a global wave of regulations going into effect later this year, laundering cryptos will be increasingly harder to do. CCN caught up with Dave Jevans, CEO of CipherTrace and co-chair of the Cryptocurrency Working Group at the APWG.org to find out what this means. Like Taking Candy from a Baby Of Read more...

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Crypto Payments Firm CEO: Hacks, Scams, and Volatility Discourage Mass Adoption

January 27, 2019 By Mark Lyford Leave a Comment

AtomicPay’s CEO believes that scams and volatility are the primary things holding back public mass adoption of cryptocurrencies. The Thailand-based company is a non-custodial crypto payment processor. They are one of the few crypto payment processors that facilitates payments for multiple cryptos without holding merchant funds in escrow and charging a fee before releasing funds.

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Bitcoin Price Will Tank to ‘Zero’, Claims Investment Firm Chief at Davos

January 23, 2019 By Mark Lyford Leave a Comment

By CCN.com: Heated debates are warming up the icy snow-capped city of Davos during this year’s World Economic Forum. BOE senior adviser yesterday said that cryptocurrencies were worthless. Today, BCG Digital Ventures founder Jeff Schumacher said Bitcoin price will fall to zero. Schumacher is a top investor and relative veteran in the space. He told

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PwC Thinks India will Outperform the U.K.’s Economy: Here’s what the ‘Big Four’ Firm and the ‘GDP’ Indicator get Wrong

January 23, 2019 By Mark Lyford Leave a Comment

By CCN.com: A publication by accounting firm PwC has placed India on track for a 7.6 percent growth in 2019, setting a path for the country to surpass both the U.K. and France in terms of economy. But ask any economist, and they would point towards why the coveted Gross Domestic Product (GDP) – which

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Bitcoin Price Could Crack $10 Million, Become New Gold Standard: Asset Management Firm

January 21, 2019 By Mark Lyford Leave a Comment

By CCN.com: Throughout the 2017 crypto market bull run, bitcoin price predictions kept the crypto hype train fat and happy. Whether it was eccentric ICO promoter John McAfee promising to emasculate himself if bitcoin failed to reach $ 1 million within three years or Fundstrat setting a “conservative” price target at $ 25,000, every crypto influencer had

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Fossil Shares See New Life after Firm Sells Smartwatch Tech to Google

January 17, 2019 By Mark Lyford Leave a Comment

Watchmaker Fossil Group’s shares spiked today on news it had sold some of its smartwatch technology to Google in a deal worth $ 40 million. Announced today and expected to close in January, the deal launched Fossil’s share price as high as 10%. By close, though, it had ebbed back to $ 18.00 for a single-day gain

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PG&E, US’ Largest Energy Utility Firm, to File for Bankruptcy as Potential Liabilities From California Wildfires Reaches Billions

January 14, 2019 By Mark Lyford Leave a Comment

U.S. utility Pacific Gas and Electric Company (PG&E) disclosed on Monday that it will file for bankruptcy. US’ largest energy utility firm with a market cap of $ 13+ billion said that the decision was forced by the wildfires which destroyed lives and property in California in 2017 and 2018. Per a BBC report, the utility

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Canada’s First All-Crypto Legal Firm Opens Its Doors to Global Clientele

January 11, 2019 By Mark Lyford Leave a Comment

Technology lawyer Addison Cameron-Huff launched his new, Toronto-based, all-crypto legal firm on January 3, 2019, Bitcoin’s 10th anniversary, as a statement of his commitment to working for and promoting Bitcoin and cryptocurrency-based businesses.

Cameron-Huff has worked as the lawyer for a Bitcoin core developer, several token-based companies, and dozens of crypto startups. As president of Decentral Inc., he managed a staff of 30 and helped to take the company to 750,000 monthly wallet users.

As the first, all-crypto legal services firm in Canada, Cameron-Huff expects the ongoing uncertainty around Canada’s cryptocurrency regulations to create some business for him, but he is also looking to build a global presence. Read more...

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Research Firm Charts Unspent BTC and Calls a Market Bottom in Q1 2019

January 11, 2019 By Mark Lyford Leave a Comment

“How many unspent bitcoins exist?”

“How many bitcoins have been lost?”

“How many bitcoins are left sitting in wallets, and how does this affect price?”

If any (or all) of these questions have ever popped into your head, you’re in good company: They’ve crossed the minds of analysts at Delphi Digital, the self-named “research & consulting boutique specializing in the digital asset market.”

The firm just released research on the current state of the bitcoin market, and they believe they’ve forecasted a potential bottom for its declining prices (FYI, they think it’s coming sometime in Q1 of 2019, but more on that later). Delphi Digital gave us an early peek at the report before announcing it on social media January 10. Read more...

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Apple Plunged 10% in Hours and the Firm Still Doesn’t Know the Root Issue

January 4, 2019 By Mark Lyford Leave a Comment

Apple is in deep trouble. With a ten percent drop in its stock price on the day and low sales forecast in China, the technology behemoth is facing a tough quarter ahead. Samsung, the largest conglomerate in South Korea, is also struggling to deal with low sales. As smartphones users feel less compelled to acquire … Continued

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Litigation Firm Files Lawsuit Against Nvidia for Statements Regarding Crypto

December 30, 2018 By Mark Lyford Leave a Comment

Shall Law Firm, an American shareholder rights litigation firm, has announced the filing of a class action lawsuit against Nvidia with regards to statements pertaining to the company’s outlook regarding the effect that declining cryptocurrency prices could have on the performance of its shares.

Also Read: Bitcoin Whales and the Rise of Crypto-Fueled OTC Desks in 2018

Firm Files Class Action Against Nvidia

A Los Angeles-based law firm has announced the filing of a class action lawsuit accusing graphics card manufacturer, Nvidia, for “violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.” Read more...

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Crypto Firm Fragments Launches Stablecoin Following ‘Ampleforth’ Rebrand

December 11, 2018 By Mark Lyford Leave a Comment

Fragments protocol, an effort at stabilizing the buying power of cryptocurrency, has rebranded itself to Ampleforth as of today, renaming the crypto project after the “1984” character whose job is to translate poetry into Newspeak. Ampleforth aims to preserve the unit of account and money properties of its tokens. Instead of pegging to a fixed

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Why a Little-Known Crypto Mining Firm is Suing Bitcoin Cash’s Biggest Backers

December 10, 2018 By Mark Lyford Leave a Comment

After reporting on the story that Miami-based UnitedCorp had filed suit against Roger Ver, Jihan Wu, Bitmain, Bitcoin.com, and Kraken exchange, CCN had the opportunity to talk to Lawry Trevor-Deutsch, Vice President of Corporate Affairs, about the motivation for the lawsuit. The first thing that should be disclosed is that UnitedCorp says that it is not

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French Firm Becomes Europe’s First Regulated Crypto Asset Manager Funded by an ICO

December 8, 2018 By Mark Lyford Leave a Comment

France has one of the toughest regulatory environments in Europe and the world generally when it comes to finance and specifically cryptocurrency. The country has in recent times taken a few cursory steps toward becoming a hub of ICO activity, but strict enforcement of crypto regulations is the cost of doing business in a well-connected

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SEC Slaps Crypto Firm with $50,000 Fine for Selling Unregistered Securities

December 8, 2018 By Mark Lyford Leave a Comment

The Securities and Exchange Commission (SEC) issued a cease-and-desist order against a crypto investment fund for distributing unregistered securities. The US securities regulator also slapped CoinAlpha Advisors LLC, a Delaware-based blockchain financial products company, with a $ 50,000 fine. According to the SEC order, CoinAlpha declined to register its business, which involved investing in and distribution

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Mining Firm Sues Roger Ver, Bitmain and More for ‘Hijacking’ Bitcoin Cash

December 7, 2018 By Mark Lyford Leave a Comment

Mining firm United Investment has launched a lawsuit against Bitmain, bitcoin.com, and Bitcoin ABC devs for allegedly taking control of bitcoin cash.
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DCG Launches New VC Firm to Invest in Decentraland (MANA) Startups

December 6, 2018 By Mark Lyford Leave a Comment

Digital Currency Group, an investment firm focused on the digital currency industry, has announced the creation of Metaverse Ventures, a new VC fund focused entirely on startups building in the Decentraland (MANA) blockchain VR ecosystem. We are thrilled to announce @Metaverse_VC, a @DCGco company fueling the development of @decentraland! If you are building products for the decentralized metaverse, […]
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German Firm Xolaris Launches Two Bitcoin Mining Investment Funds

December 1, 2018 By Mark Lyford Leave a Comment

German investment firm Xolaris has launched a European private-equity fund focused on bitcoin mining. Xolaris expects to raise $ 34 million to $ 57 million for the four-year project, the company announced in a press release. “Professional investors kept asking us to create a regulated product in the area of cryptocurrencies,” said Stefan Klaile, the CEO of Xolaris.

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