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80% of Crypto Trade Volume Tracked by Blockchain Surveillance
16.10.2019
Ever since governments worldwide started showing adversity toward cryptocurrencies like bitcoin, a few startups have dedicated their business model to blockchain surveillance. Two weeks ago, Chainalysis revealed the company is monitoring 21 different tokens that stem from Ethereum. On Tuesday,...
IMF Has Another Trick Up Its Sleeve When Fiat Fails – Its Own Coin SDR
14.10.2019
Virtually everybody knows what a dollar is, but not as many know about the SDR. The International Monetary Fund’s (IMF) Special Drawing Rights is an international, monetary reserve system created specifically to address limitations of gold and standard fiat currencies such as the USD....
Cryptocurrency Exchange Binance.US Lists Chainlink (LINK) And Ravecoin (RVN)
10.10.2019
Binance.US, the proud sister concern of the globally reputed crypto exchange Binance has broadcasted the news of the listing of Chainlink (LINK) and Ravecoin (RVN) currencies on its platform. The crypto exchange network informed the users through the official announcement that the USD trading pairs...
Politicians Can Use Cryptocurrency Donations to Fund Election Campaigns in Japan
7.10.2019
Cryptocurrencies have to keep outside of the purview of Japan’s stringent election funding law, which states that donations to individual candidates in yen or through stocks, bonds, etc. have to be reported either by the donor or the candidate receiving it. Japan’s Ministry of Internal...
Crypto Outpaces Political Donation Laws in Japan
7.10.2019
A major Japanese news publication has reported that crypto donations to individual politicians are legal and do not need to be reported publicly as donations. Japan’s Ministry of Internal Affairs and Communications verified that even though it is illegal to donate cash or securities directly...
Crypto Investment Group Grayscale Releases Bitcoin Cash Primer
4.10.2019
Crypto investment firm Grayscale has just released “An Introduction to Bitcoin Cash” highlighting the basics of BCH for those who may be yet unfamiliar, or just wish to brush up on the popular token forked from Bitcoin Core on August 1, 2017. With a significant reputation in...
BitGo Acquires Hedge, Unveils Cryptocurrency Staking
4.10.2019
The leading digital asset financial services provider, BitGo, has acquired a startup company called Hedge, which operates in the staking infrastructure space. The acquisition is a part of BitGo’s move to venture into staking as it unveiled BitGo Staking on October 3, 2019. Initially, it...
Global Law Enforcement Has Auctioned Massive Amounts of Bitcoin
3.10.2019
Last month, the U.K. police auctioned off roughly $300,000 worth of cryptocurrencies after they were confiscated by the country’s Eastern Region Special Operations Unit (ERSOU). Since 2014, law enforcement agencies worldwide have been auctioning large sums of bitcoin seized during...
Ohio Removes Option to Pay Taxes With Crypto While Local SLP Project Presses Forward
3.10.2019
The state of Ohio has become an unexpected center of American fintech focus in recent years, thanks to remarkable developments at the intersection of crypto, blockchain and government. That said, the online crypto portal that has allowed Ohio businesses to pay their taxes with bitcoin since last...
Crypto Investors KR1 Thank Cosmos Network for $5.6M Profit in H1 2019
1.10.2019
European digital asset investment firm KR1 posts $5.6 million profit for the H1 2019 mainly due to the launch of Cosmos network
Financial Giant Fidelity Backs Bitcoin Derivatives Yield Fund
1.10.2019
The Los Angeles-based Wave Financial has announced the launch of a bitcoin derivatives-based yield fund and Fidelity will provide custody for the fund’s BTC reserves. Wave Financial’s crypto fund commencement is part of a growing trend toward launching BTC derivatives products....
Venezuela’s Central Bank Indicates Plans to Stockpile Bitcoin
27.9.2019
Various reports reveal Venezuela’s central bank is allegedly contemplating hoarding a variety of cryptocurrencies like BTC within its internal reserves. The state-operated gas company Petroleos de Venezuela SA (PDVSA) has asked to send BTC and ETH payments to Banco Central...
Without Disobedience, Bitcoin Is No Better Than Gold
27.9.2019
With the launch of Bakkt’s bitcoin futures market and Binance’s revamped U.S. exchange, there’s been a lot of talk in the space about institutionalization and traditional money flowing into crypto. It’s almost as if some believe that Bitcoin can’t scale as a purely...
What Bancor’s Upcoming Airdrop Means for the Defi Community
26.9.2019
In December, liquidity token-swapping protocol Bancor will conduct a snapshot of the balances of all BNT holders, who will then be airdropped the equivalent of 10% of BNT’s market cap. As a result, millions of dollars will be shared with around 60,000 token-holders. While the value this brings...
Market Update: Low Volumes and Uncertainty Shake Crypto Traders
24.9.2019
The majority of digital currency markets have lost a few percentages over the last few days as cryptocurrency trade volume has been waning. Since our last market outlook, more than $20 billion in global trade volume disappeared and this Tuesday’s market data shows there’s only...
Germany’s No. 2 Exchange Launches Bitcoin Spot Trading
23.9.2019
BSDEX is trading one pair -- the bitcoin/euro -- and will gradually open up to more retail and institutional investors
Coinbase to Lay New Line of Assets for Listing
23.9.2019
The cryptocurrency giant, Coinbase recently revealed its plans to bring in support for 8 new virtual currencies. The plan is laid as a strategic part of its main agenda, i.e., giving customers access to over 90% of the overall market cap of its digital currencies. Coinbase revealed its plans...
Now Buy Bitcoin from Any 7-Eleven Store in the Philippines
20.9.2019
Abra, a renowned cryptocurrency wallet application, has begun selling digital currencies for cash across all the 7-Eleven stores based in the Philippines. The company has achieved this feat through its latest collaboration with ECPay, Philippines’ eminent electronic payment service provider. Abra...
Popular Smartphone Apps Are Adding Crypto Capabilities
20.9.2019
News of Japan messaging giant Line’s September 17 launch of an app-connected crypto exchange is captivating lots of attention in the crypto and tech industries this week. Other initially non-crypto apps are also entering the market, adding native tokens, tipping functions and cryptocurrency...
Taxation Isn’t Just Theft – It’s Bad for Crypto Adoption
18.9.2019
Crypto awareness is reaching levels almost unimaginable just years ago, with telecommunications giants, big banks, mainstream media, and even professional sports teams now discussing and flouting digital assets. AT&T now allows customers to pay their phone bills in bitcoin, Japanese SMS giant...