New Bitcoin Embassy Opens in the United States

A mooted Bitcoin Embassy shall be the first of its kind, since an early attempt in New York City, for a bitcoin gathering place. It was American Institute for Economic Research (AIER) Editorial Director Jeffrey Tucker who had a revelation of sorts to establish a Bitcoin Embassy in the United States. The idea is to … Read more

Israeli Bitcoin Company Sues Banks for Not Letting it Open Accounts

An Israeli company that was created in January has gotten its business rejected by all banks in the country, and is now suing them. Without a bank account, an Israeli exchange would not be able to legally receive fiat transfers from clients, effectively preventing it from starting operations. Also Read: Israel Tax Authority: Bitcoin is … Read more

Oil Company Wants to Sell Bitcoin ATMs to Casinos, Stock Jumps 60%

Despite the warnings of the Israeli regulator that it won’t tolerate bitcoin to get somehow backdoor listed on the Tel Aviv Stock Exchange, public companies keep pivoting into the field. The latest example is a firm that focused on oil refineries until now. All of a sudden it announced plans to sell bitcoin ATMs to casinos … Read more

Public Firm Faces Class Action Lawsuit for Falsely Claiming Link to Bitcoin

An application for a class action lawsuit against Apollo Power (TASE: APLP) has been submitted to the Tel Aviv District Court. The solar energy technology company is accused of misleading investors by making a false report. The matter at hand is how its share price jumped by 150% on December 18 after Apollo announced it … Read more

Israeli Regulator Investigating Public “Bitcoin” Company for False Claims

Bitcoin mania has taken over the business world. Companies from India to Long Island are rushing to add bit, coin, crypto or blockchain to their names. As that is the case it would not be a big surprise if some have also stretched the definition of what they do too far just to have some … Read more

More Firms Entering the Bitcoin Market See Stocks Soar

It appears that public companies have found a new way to attract investors to their stocks, implying they are becoming a part of the booming bitcoin market. Also Read: Israeli PM Netanyahu Says Bitcoin Is Rising as Banks Are Destined to Disappear Crypto Stocks? A third company listed on the Tel Aviv Stock Exchange (TASE) … Read more