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Binance’s Bitcoin ‘Bid-Ask Spreads’ Tighten as Cryptocurrency Markets Mature
28.8.2020
The narrowing gap between bitcoin buy and sell orders on big exchanges like Binance shows an increasing depth to cryptocurrency markets
UK exchange Archax teams up with Algorand on DeFi projects
28.8.2020
The partnership between Archax and Algorand could help bridge the gap between decentralized and centralized finance
US warns of resurgence of North Korea’s BeagleBoyz hacking gang
28.8.2020
It’s not a group of 1980s rappers, it’s North Korea’s second most notorious hacking gang
SEC Redefines Accredited Investors to Include Those With Proven Knowledge
27.8.2020
The U.S. Securities and Exchange Commission (SEC) has amended the definition of accredited investors, such as to include those with proven financial knowledge. The broader definition will enable more people to invest in private offerings of cryptocurrency investments. SEC’s New Accredited...
YouTube’s Whac-a-Mole Approach to Crypto Scam Ads Still Remains a Problem
27.8.2020
Despite lawsuits and Google’s own ad policies, cryptocurrency scam ads are still making it through the YouTube gates and circulating for days
African crypto exchange raises $1.5M from Andreessen Horowitz and others
27.8.2020
Crypto is truly a global asset class
The leaders of a fake crypto exchange are now behind bars
27.8.2020
Choi and Park lost their last chance not to serve a jail time
New SEC Filing Shows Fidelity Preparing to Launch Bitcoin Fund
27.8.2020
The U.S. Securities and Exchange Commission (SEC) has published a new filing for a bitcoin fund, submitted by Fidelity Investments’ head of strategy and planning. Bitcoin Index Fund Filed With SEC The SEC published Wednesday a Notice of Exempt Offering of Securities (Form D) filing for a...
Capturing Petahash: Marathon Obtains 3,300 Bitcoin Mining Rigs, Acquires Fastblock for $22 Million
27.8.2020
The Nasdaq-listed cryptocurrency mining company, Marathon Patent Group, has announced it will be purchasing Fastblock Mining in an all stock transaction. The firm’s letter of intent revealed Marathon will acquire Fastblock for around $22 million. The company will obtain 3,304 ASIC bitcoin...
Authorities block Russia’s top crypto exchange aggregator
27.8.2020
The website is still accessible through VPNs and mirrors
Dash Nigeria Takes Digital Currency Education Campaign to Regulators and Key Institutions
27.8.2020
With sophisticated fraud schemes seemingly overwhelming the African crypto market, there is a growing need for players in the space to help fight this scourge. Some are responding through increased educational campaigns, which they hope will not only turn the tide against scammers but will also...
Crypto Exchange FTX Buys Blockfolio for $150 Million in Effort To Expand Retail Presence
27.8.2020
Cryptocurrency derivatives exchange FTX has acquired the popular portfolio tracking app Blockfolio for $150 million in a bid to gain a foothold in the crypto retail market. The deal – consummated after nine months of negotiation – was settled using a combination of cash, crypto,...
Report: Russia Remains a ‘Key Market for Crypto,’ Commands the 3rd Largest Bitcoin Hashrate in the World
27.8.2020
The fervor for cryptocurrency assets in Russia has grown wild over the last few years. This week Xangle Research published a comprehensive report about digital currencies and the Russian environment in 2020. The study’s findings show that Russia is one of the world’s key players when...
IRS Sends Fresh Round of Tax Warning Letters to Cryptocurrency Owners
26.8.2020
The U.S. Internal Revenue Service (IRS) has begun sending new warning letters to cryptocurrency owners. This followed the tax agency prioritizing cryptocurrency on its tax forms. “The IRS is getting very serious about cryptocurrency tax compliance,” a tax expert told news.Bitcoin.com....
Akon Joins Presidential Campaign of Bitcoin Entrepreneur Brock Pierce as Chief Strategist
26.8.2020
Akon has joined bitcoin entrepreneur Brock Pierce’s 2020 campaign to become the president of the United States. Akon will serve as the chief strategist for the Pierce campaign while building his “futuristic” Akon City in Senegal, Africa, that will be run on the akoin...
‘It’s Part and Parcel of Crypto’: How Memes Drive Narrative and Value
26.8.2020
In 1964, the Canadian media theorist Marshall McLuhan said the "medium is the message." Today, in crypto, the meme is the message
No more cheap electricity for Inner Mongolian crypto miners, officials say
26.8.2020
The halcyon days of state subsidized electricity are over
Sources Say World’s Largest Darknet Empire Market Exit Scammed, $30 Million in Bitcoin Stolen
26.8.2020
One of the world’s largest darknet markets (DNM), Empire Market, allegedly exit scammed after the marketplace was taken offline for a number of days this week. DNM patrons are upset about Empire Market’s departure and customers say that $30 million in bitcoin held by the darknet’s...
Canadian Exchange Shakepay Gets Cold Wallet Insurance to Protect Customer Funds
26.8.2020
Canadian crypto exchange Shakepay has secured cold wallet insurance through Aon with Lloyd's of London underwriters
Bybit expands to Japan and Korea with new fiat payment gateways
26.8.2020
ByBit has also added support for the Vietnamese language on its platform