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MARKETS DAILY: Casualties Ahead in the Cryptocurrency Mining Arms Race
5.12.2019
On another down day, we're talking U.S. warnings on digital assets, a brief history of troubled but systemically important stablecoin "Tether", and a look at the arms-race in blockchain mining technology
Almost $9 Billion of Bitcoin Moved On-Chain in 1 Hour: Record
5.12.2019
Almost $9 billion in BTC were moved on-chain in a single hour on Dec. 4, which constitutes an all-time high
RBI Governor Discusses Crypto and Central Bank Digital Currency
5.12.2019
The governor of the Reserve Bank of India (RBI), Shaktikanta Das, spoke about cryptocurrency during a press conference on Thursday. He also talked about the prospect of an RBI-issued digital currency, when the time will be right for issuing one, and his view on private digital currencies. Also...
SBI Mulling a Company-wide Cryptocurrency Shareholder Payout in XRP
5.12.2019
Source: iStock/isa_ozdere
Japanese financial giant SBI is considering issuing Ripple (XRP) tokens as company-wide shareholder rewards, says the company’s CEO Yoshitaka Kitao.
In a recent address to shareholders shared by the company on YouTube, Kitao stated that a previous XRP handout...
Croatia’s Karic Automobili Now Allows Crypto Payments for Car Purchases
5.12.2019
Croatia’s auto company Karic Automobili has announced that it would now accept cryptocurrency payments while purchasing all car models. It has thus become the first auto dealer who has initiated crypto payments in the auto sector of Croatia. Karic Automobili is an authorized dealer and service...
Circle Warns Poloniex US Customer Assets May Be Sent to the Government
5.12.2019
As part of its release of the cryptocurrency exchange Poloniex, Circle may begin charging fees to Poloniex US customers. And the company warns that any unclaimed digital assets, those in dormant accounts, may be sent to state governments, consistent with relevant regulations for abandoned property....
Justin Sun Speaks on Crypto-Blockchain in Podcast With Abra CEO Bill Barhydt
5.12.2019
TRON CEO Justin Sun has always been in the news for good and bad reasons. What this shows is that no matter how much you know him, he is one of the most influential personalities in the crypto-blockchain industry. Sun recently appeared on the Money 3.0 Podcast conducted by the crypto investments...
Guide to Online Gambling with Cryptocurrency
5.12.2019
Photo: iStock-Marko Horvat
Disclaimer: The text below is a sponsored article.
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Online gambling is one of the popular pastimes enjoyed by players all over the world. With hundreds of operating online casinos, you will find the opportunity to play real money games from the comforts of home....
Cryptocurrency Exchanges Are Fighting to Escape Binance’s Shadow
5.12.2019
It’s impossible to assess the cryptocurrency landscape without considering Binance. It looms large over the industry, dictating trends, soaking up liquidity, and compelling new exchanges to fight tooth and nail for market share. Most exchanges aren’t gunning to become the next Binance....
Crypto Exchange UpBit’s Operator Launches Custody Service with Ledger
5.12.2019
Ledger and UpBit stakeholder Dunamu jointly launch crypto custody service UpBit Safe
This Cryptocurrency Seems Designed For A Post-State Society
5.12.2019
Saga is a cryptocurrency launching soon, and it seeks to be nothing less than a new global currency
The Fed’s Money Creation System Is Fueling One of the Biggest Heists in History
4.12.2019
Since mid-September, the Federal Reserve has injected three trillion U.S. dollars into the hands of private banks and Wall Street. Despite the fact that massive amounts of money was created out of thin air, the central bank still believes repurchase agreements (repos) are needed to tame...
Bitfinex Allows Lightning Network Shopping on Bitrefill with Bitcoin
4.12.2019
Users of crypto exchange Bitfinex now can shop with Bitcoin held on the trading platform over Lightning Network
Kazakhstan Won’t Tax Cryptocurrency Mining: Report
4.12.2019
Kazakhstan’s lawmakers won’t be taxing crypto mining until the mined crypto is exchanged for fiat money, a report says
Gemini Hires Former Starling Bank Exec for Push Into Europe
4.12.2019
Major U.S. crypto exchange Gemini hires a former Starling Bank exec to lead its push into Europe
Crypto Exchange Gemini Burnt One-Fifth of Its GUSD Stablecoin Supply
4.12.2019
Crypto exchange Gemini burnt about 20% of the supply of its Gemini Dollar stablecoin
Circle to Charge Fees on US-Based Poloniex Traders’ Crypto After Dec. 16
4.12.2019
Circle has warned U.S.-based Poloniex users that it could fine or confiscate their balances if they do not remove their funds
Banks Are Cutting 75,700 Jobs Worldwide
4.12.2019
Banks worldwide have announced major job cuts this year. Globally, 75,700 jobs are reportedly being eliminated, with the most recent announcement coming from Italy’s largest bank. Unicredit has become the latest major bank to unveil layoff plans, joining Deutsche Bank, Santander, Commerzbank...
Neufund Aids Greyp Bikes to Pool 1.44m Euro via Equity Token Offering
4.12.2019
The globally reputed blockchain-supported fundraising platform Neufund has broadcasted important news about the successful completion of equity token offering or ETO by Croatian automobile firm Greyp Bikes. Taking pride in being an affiliate of Rimac Automobili, the manufacturer of the world’s most...
Ecstasy Drugs Case Lead to $1.5 Million Cryptocurrency Seizure in Western Australia
4.12.2019
In another astounding incident of drug trafficking, the Australian Border Force (ABF) surveillance officers had seized MDMA ecstasy tablets and powder, concealed in a kid’s electronic toy package. This inquiry leads the Australian police to seize $1, 524,102 worth of cryptocurrencies from...