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The Big Thing Holding Back India’s Crypto Boom
22.6.2020
India's crypto industry shows potential, but it continues to be held back by a lack of regulatory clarity, particularly around exchange-banking relationships
Breaking Bitcoin: Crypto Proponents Discuss Honeywell’s 6 Qubit Quantum Computer
22.6.2020
On June 19, 2020, the massive industrial firm Honeywell told the public the company is now running a quantum computer that effectively leverages six effective quantum bits, or qubits. Honeywell’s machine is two times more powerful than the quantum computers designed by IBM and Google. With...
CrossTower Crypto Exchange Announces $6M Seed Funding Round
22.6.2020
The New York-based cryptocurrency exchange announced it had raised $6 million in a seed funding round led by a former board member of Skype
Meet Mistcoin – The First Mineable SLP Token Implementation Launched on Bitcoin Cash
22.6.2020
Bitcoin Cash proponents have been introduced to a new project built using the Simple Ledger Protocol (SLP) framework called mistcoin (MIST). The new token is essentially the first mineable implementation of colored coins on Bitcoin Cash. Mist allows participants to mine the SLP tokens “using...
Satoshi Nakamoto Kidnapped, Tortured by NSA to Destroy Crypto in New Movie ‘Decrypted’
21.6.2020
Decrypted, a new crypto movie about Satoshi Nakamoto, the mysterious creator of Bitcoin, is in production. In this “outrageous and provocative dark comedy,” Satoshi Nakamoto is kidnapped by the NSA and tortured for information that could help the government destroy cryptocurrency....
Hundreds of Sites Now Earn Crypto Trading Fees: Exchange WordPress Plugin Sees 300 Active Installs
21.6.2020
A couple of months ago, a new WordPress (WP) plugin launched that allows anyone to host a digital currency trading platform. With the application, WP website owners can earn fees from various crypto asset trades. The developer of the plugin called “Wpcryptoexchange” tweeted on June...
Jay Clayton Leaves SEC: Crypto Industry Hopeful for Bitcoin ETF Approval
21.6.2020
Chairman Jay Clayton is geared to leave the U.S. Securities and Exchange Commission (SEC) after President Donald Trump nominates him to serve as the next U.S. attorney for the Southern District of New York. With his departure, the cryptocurrency industry is hopeful that the SEC will finally approve...
Unicef Funding Startups With Cryptocurrency for Covid-19 Relief
21.6.2020
The United Nations Children’s Fund (Unicef) has announced its largest cryptocurrency investment funding of startups. Eight companies in seven countries will use Unicef’s crypto fund to develop prototypes, pilot, or scale their technologies. Several of them are working on mitigating...
Elon Musk Bitcoin Giveaway Scam Rakes in Millions of Dollars in BTC
21.6.2020
‘Elon Musk’ bitcoin giveaways continue to scam people on Youtube. Scammers have reportedly pulled in millions of dollars in bitcoin from people wanting to double their cryptocurrency. Some of them use bitcoin addresses containing the name Elon Musk, Spacex, or Telsa. Before sending...
Cryptocurrency News From Japan: June 14 - June 20 in Review
20.6.2020
A new report on Japanese crypto regulation, an institutional crypto custody service, and more headlined news from Japan this past week
Akon City: $6 Billion Cryptocurrency City Set to Begin Construction
20.6.2020
Akon City, a “futuristic cryptocurrency themed city” founded by famous singer Akon, is ready to begin construction, with a plan to use the akoin cryptocurrency exclusively. Phase one of Akon City’s construction will include roads, a hospital, a mall, hotels, and a school. There...
Bitcoin Rises in New Crypto Rankings by Chinese Government-Backed Institute
20.6.2020
China’s Center for Information and Industry Development has revised its cryptocurrency project rankings. Thirty-seven crypto projects were evaluated overall and in three sub-categories. Bitcoin has risen while the top three spots remained occupied by EOS, Tron, and Ethereum. CCID’s 18th...
Bityard Cryptocurrency Exchange Makes Trading Complex Contracts Simple
20.6.2020
Bityard is a digital assets trading platform focused on offering fast, easy and safe contracts trading. The Singapore-headquartered exchange is regulated and licensed in multiple leading markets around the world. An emphasis on simplicity and accessibility makes Bityard ideal for anyone looking...
Ernst & Young Launches Application to Help US Crypto Investors With Tax Filings
20.6.2020
Ernst & Young (EY) has introduced a new application that helps U.S. cryptocurrency traders calculate and file their taxes with ease. The EY Cryptoprep app, a Software as a Service (SaaS) web-based crypto tax engine, helps users calculate crypto-related gains and losses that have to be reported...
UNICEF Cryptocurrency Fund Makes Its Largest-Ever Investment
20.6.2020
125 ETH going to some very good causes
Holders Gather 233K BTC This Year, While Bitcoin Cash Savers Outshine Composition by Time Held
19.6.2020
Market data from Glassnode shows that bitcoin holders have increased their positions by 233,000 BTC since January 1, 2020. However, when it comes to holders making money at the current price, bitcoin cash and bitcoinsv have performed better and the concentration of large holders is larger too....
Bitcoin’s Rise Driven by Institutional Trading, Says Research and Investor Sentiment
19.6.2020
The cryptocurrency bitcoin is trading at an all-time high relative to its social activity, explains the crypto research firm Tie. The analysts at Tie believe the ratio indicates that bitcoin is being driven by institutional trading. Meanwhile, statistics from Google Trends shows the terms...
Bitcoin.com Exchange Announces Listing of New Digital Asset BUY by Burency
19.6.2020
Bitcoin.com Exchange is thrilled to announce the upcoming listing of a new digital asset on the 20th of August 2020 at 10:00 UTC. BUY by Burency is a new cryptocurrency that aims to increase cryptocurrency and blockchain adoption in the Middle East. BUY will be listed with BTC and BCH trading...
How Bitcoin of America’s Robust Compliance Program Made Possible the Restitution of Half a Million Dollars to Fraud Victims
19.6.2020
Robust and effective compliance programs for virtual asset exchanges such as Bitcoin of America, which owns and operates a crypto exchange platform as well as a nationwide network of bitcoin ATM locations, isn’t simply a matter of operating a system for CIP, KYC, and AML procedures....
Bitcoin Games Launches Midsummer Promotion as Sweden Looks Toward Launching its Own Digital Currency
19.6.2020
The premier cryptocurrency gaming portal, Bitcoin Games has announced the launch of a Midsummer promotion that promises Free Spins and loads of entertainment. For well over, five years now Bitcoin Games has been the go-to destination for all your gaming needs and our brand new promotion –...