Archive | fees

JPMorgan Chase Customer Files Lawsuit Over Cash Advance Fees on Bitcoin Purchases

Justice is often a dish best served cold. In the world of Bitcoin and other cryptocurrencies, it seems a major victory has been scored. More specifically, JPMorgan Chase faces a lawsuit for charging customers a cash advance fee when they attempted to buy cryptocurrency from certain exchanges. It was only a matter of time until that […]

Six Months Later Bitcoin Cash Support Continues to Grow

Over the past few weeks, there’s a lot going on within the bitcoin cash (BCH) ecosystem. Just recently businesses and service providers have been working towards changing their infrastructure to the new BCH address format. Additionally, the bitcoin cash environment got more support from organizations like the Bitclub Network and the merchant Kimchi Socks. Also […]

Paul Krugman Is Excited to See Bitcoin Have Issues

Yesterday on January 11 the American economist and professor of economics, Paul Krugman, seemed pretty excited about The North American Bitcoin Conference not being able to accept bitcoin for tickets. Krugman tweeted our recent article to his 4 million followers gloating that bitcoin is “too clunky and expensive.” Also read: South Korea Urges 23 Countries, […]

Miami Bitcoin Conference Stops Accepting Bitcoin Due to Fees and Congestion

Next week the popular cryptocurrency event, The North American Bitcoin Conference (TNABC) will be hosted in downtown Miami at the James L Knight Center, January 18-19. However, bitcoin proponents got some unfortunate news this week as the event organizers have announced they have stopped accepting bitcoin payments for conference tickets due to network fees and […]

Another Weekend Full of Delayed Bitcoin Transactions

It has proven to be another difficult weekend for the Bitcoin network. With the number of unconfirmed transactions rising again, the scaling issues become more apparent. It is not the first time we see incidents like these occur either. Until Bitcoin scales, such problems will only become more common.Especially users with low-fee transactions will feel […]