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Regulatory Pressure Forced BitLendingClub Out of Business

Eduardo Gómez December 1, 2016 Finance
TheMerkle_ Data Breach LoanBase
The somewhat popular P2P bitcoin loan service BitLendingClub has been forced to close up shop due to alleged “regularity pressures”. The platform will remain in a state of limited …
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Over Nine In Ten Millennials Do Not Trust Banks To Handle Their Money

JP Buntinx December 1, 2016 Finance, News
TheMerkle-Millennials No Trust Bank
Trusting financial institutions is becoming increasingly difficult every single day. Banks are not that great with protecting consumer data, and access to one’s own money seems limited at times. …
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Spanish Government Wants To Curb Cash Usage To 1,000 Euros Per Transactions

JP Buntinx December 1, 2016 Finance, News
TheMerkle_Spain Limiting Cash usage
It is quite apparent that the financial situation in Spain is evolving in the wrong direction. As of right now, there is a”ceiling” of 2,500 Euros per cash transaction. …
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Litecoin Core Developer Begs For Donations To Keep Forum Up And Running

JP Buntinx December 1, 2016 Crypto, News
TheMerkle_Litecoin Forum Donation Beging
Cryptocurrency enthusiasts will remember Litecoin, the first “major altcoin” to imitate Bitcoin’s success. (Or that was the idea when this currency was created, even though things have turned out …
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Fintech Incubator Digital Financial Services Lab Rains Money On To-be Unicorns

JP Buntinx December 1, 2016 Finance, News
TheMerkle_DFS lab Money Shower
Fintech incubators are invaluable tools for putting developing regions on the world map. Digital Financial Services Lab, which is backed by the Bill and Melinda Gates Foundation, has been …
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Number of Bitcoin Searches on Google Increases by 57%

JP Buntinx December 1, 2016 Crypto, News
TheMerkle_Google Searches Bitcoin
There are plenty of reasons as to why people should take an interest in Bitcoin and cryptocurrency. Whether they look for financial freedom, or just want to use a …
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Bitcoin Outperforms Gold In Every Foundational Trait Giving Both Assets Value

JP Buntinx December 1, 2016 Crypto, News
TheMerkle_Bitcoin Outperforms Gold
Bitcoin is often referred to as the digital version of gold, due to its global appeal and investor craze. But the Winklevoss Twins, who remain hopeful to launch their …
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US Unemployment Rise Should Not Affect Fed Interest Rate Hike in Two Weeks

JP Buntinx December 1, 2016 Finance, News
TheMerkle_US Unemployment
Even though the US economy is showing small signs of improvement, things are not evolving in the right direction by definition. In fact, the unemployment rates continue to go …
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Hackers Abuse Popular Twitter Accounts In Massive Spam Campaign

JP Buntinx December 1, 2016 News, Technology
TheMerkle_Twitter Hack Spam
Hackers and spammers have been wreaking havoc on Twitter by infiltrating various user accounts. Among the accounts affected are the ones belonging to Playstation, Xbox Support, and The Red …
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