AARP Tells Retirees that Bitcoin is Mainly Used by ‘Bunch of Criminals’

The American Association of Retired Persons (AARP) has ascribed a bizarre definition to bitcoin in a caustically worded article on its website published on Wednesday, Oct. 10. In the slideshow post titled “Improve Your Financial Literacy With This Glossary,” a heavy dose of contempt is specifically reserved for the description of bitcoin and blockchain in …

Goldman-Backed Circle Acquires Crypto Exchange Poloniex

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Former bitcoin startup Circle has acquired US-based cryptocurrency exchange Poloniex. Circle, one of the earliest and the best-funded startups in the bitcoin industry has announced its acquisition of Poloniex, one of the world’s largest cryptocurrency exchanges. In an announcement, Circle co-founders Sean …

These Firms Are Milking the Cryptocurrency Markets for Astronomical Profits — And You’ve Probably Never Heard of Them

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. What US cryptocurrency-related company makes the highest amount of legal revenue per employee? No, it’s not Coinbase, and — unless you’re particularly tuned into the financial markets — you’ve probably never heard of it. That’s according to Tim Swanson, founder of tech …

Goldman Sachs Isn’t Launching a Bitcoin Trading Desk (Because It Already Owns One)

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Recently, Goldman Sachs chief executive Lloyd Blankfein shot down longstanding rumors that the investment bank was launching a cryptocurrency trading desk. Now, we know the reason why: the bank already owns one. Goldman Sachs ‘Not’ Launching Bitcoin Trading Desk As early as …