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Popular NASCAR Driver Bubba Wallace Will Sport the Bitcoin Logo While Racing
15.7.2020
NASCAR driver Darrell “Bubba” Wallace will be sporting a bitcoin logo on his car and uniform during upcoming races. Twitter and Cash App founder, Jack Dorsey, tweeted a few pictures that revealed the new sponsorship, as he displayed the bitcoin symbol and Cash App logo design layout...
South Africa Proposes New Rules to Regulate Cryptocurrencies, Seeks Alignment With FATF Standards
15.7.2020
South Africa is proposing new rules around crypto-asset service providers (CASP) as it seeks to align regulations with standards of the Financial Action Task Force (FATF). The proposed rules are part of amendments to the Financial Intelligence Centre Act (FICA) that are up for public comment....
Ziglu Insures Cryptocurrency Holdings up to £50,000 Against Cybercrime
15.7.2020
The multi-currency banking platform has announced that each customer will now be insured against cybercrime up to £50,000
Investor Charged in US After Obtaining Covid-19 Relief Loan to Trade Cryptocurrency
15.7.2020
The U.S. has charged an investor after he obtained two loans worth over $1.1 million from the Paycheck Protection Program (PPP) intended for covid-19 relief and used some of the money to invest in cryptocurrency. He was taken into custody on allegations he fraudulently obtained the loans. Crypto...
Paypal Developing Cryptocurrency Capabilities, Letter to European Commission Confirms
15.7.2020
Paypal has confirmed that it has been developing cryptocurrency capabilities in a letter the company sent to the European Commission regarding the EU framework for cryptocurrency markets. Recently, Paypal and Venmo were rumored to soon allow users to buy and sell cryptocurrencies directly....
HOPR Data Privacy Testnet to Launch Following Investment by Binance
15.7.2020
Binance-backed data privacy startup HOPR is preparing to launch its first public testnet on July 16
‘How to Buy Bitcoin in India’: Crypto Exchange Offers Rewards for Videos in All Indian Languages
15.7.2020
Indian cryptocurrency exchange Wazirx is offering rewards for videos about how to buy bitcoin or other cryptocurrencies in India in all Indian languages, including Hindi, Tamil, Gujarati, Marathi, Kannada, Bengali, and Telugu. News.Bitcoin.com caught up with Wazirx CEO Nischal Shetty to find...
Toronto Options Exchange Picks BNC to Power Crypto Markets
15.7.2020
New Zealand-based crypto data firm Brave New Coin has partnered with a new Canadian options exchange to develop indexes for its forthcoming crypto markets
BitMex’s Parent Company Transforms Into ‘100x Group'
15.7.2020
BitMex’s parent company has undergone a corporate restructuring to allow it to make investments in the digital currency space
Covid-19 Stimulus: Banks Will Gain $18 Billion in Fees for Processing PPP Relief Loans
15.7.2020
The world’s banking cartel will gather $18 billion in fees for facilitating the settlement of small business Paycheck Protection Program (PPP) relief loans leveraged during the Covid-19 pandemic. The $640 billion in PPP relief loans stem from the CARES Act and allegedly there’s only...
Aggregate ERC20 Market Cap Outpaces Valuation of ETH in Circulation by $2 Billion
15.7.2020
Data now shows that the aggregate market valuation for all the ERC20 tokens in existence has surpassed the market capitalization of Ethereum’s native coins. According to data, the net worth of the ERC20 token ecosystem is roughly $2.5 billion larger than the $26.7 billion Ethereum valuation....
A Panel of Experts See Bitcoin Averaging $12,948 by Year End
14.7.2020
A panel of experts is predicting the price of bitcoin will rise to $10,337 by September before adding a further $2,611 to end the year at $12,948. The findings are drawn from a Finder Cryptocurrency Predictions Report for July 2020 and the latest figure is roughly $2,500 less than the price...
DeFi Will be an Integral Part of the Lives of Many, CEO of Crypto Exchange OKEx
14.7.2020
Hao believes that DeFi can bring financial services to “the people who are currently excluded or underserved by traditional finance.”
US Army Requests Information on Tools to Track Cryptocurrency Transactions
14.7.2020
The U.S. Department of Defense and the U.S. Army have requested information on web-based cryptocurrency tracking tools. The tools must enable U.S. government agencies worldwide to conduct in-depth investigations into the source of crypto transactions and provide multi-currency analysis from bitcoin...
Texas Man Allegedly Used $1.1M in COVID-19 Relief Funds to Buy Crypto
14.7.2020
U.S. authorities have accused a man of securing COVID-19 relief funds to invest in cryptocurrency
Advocacy Group Claims IRS-Issued Crypto-Warning Letters Violated Taxpayer’s Rights
14.7.2020
Close to a year ago last July, the U.S. Internal Revenue Service (IRS) revealed it would be sending ‘soft letters’ to suspected American cryptocurrency owners advising them to pay their taxes. Now according to the Taxpayer Advocate Service, a subsidiary of the IRS, the soft letters...
Gemini Unveils Hardware Key Compatibility on Mobile App
14.7.2020
U.S.-based exchange Gemini announced hardware key compatibility on its mobile application, bolstering security capabilities for customers
Iran Licenses 14 Bitcoin Mining Farms, Cuts Electricity Tariff up to 47% for Miners
14.7.2020
Iran has reportedly issued permits for 14 bitcoin mining farms and will cut up to 47% off of the electricity tariff in order to support authorized cryptocurrency mining centers. Crypto miners will soon have to register with the government. Iran Licenses More Crypto Mining Farms The Islamic Republic...
Binance to Remove In-App Audio Recording Feature in Next Update
14.7.2020
Top cryptocurrency exchange Binance has reviewed its Android app code following spyware concerns
Data Says HODL! People Are Trading Ethereum (ETH) More, Bitcoin Less
14.7.2020
Exchange balances for ETH and BTC move in opposite directions in a new insight into investor sentiment