Search
Fincen Chief Gives Sharp Remarks on the Rules Compliance by the Cryptocurrency Firms
26.10.2019
The notable Director of the Financial Crimes Enforcement Network (FinCEN) Kenneth Blanco stated that cryptocurrency companies are not above the AML laws. The well-known leader shared his views while addressing an audience at a fintech event organized at the Georgetown University Law Center....
Tax Form to Report Revenues From Cryptocurrency Trading Issued in Poland
26.10.2019
Authorities in Poland have clarified the taxation of revenues received from cryptocurrency exchange transactions. The Ministry of Finance has recently published a 2019 tax form that has a dedicated section where taxpayers are expected to declare separately proceeds from crypto trading. Also read:...
Market Update: Crypto Prices Spike Significantly In a Matter of Minutes
25.10.2019
Digital currency markets have seen a strong price spike on Friday, adding billions to the overall market capitalization of the entire cryptoconomy. The surprise upward trend shows a few of the top-performing cryptocurrencies have gained between 10-20% in the last 24 hours. Also read: FATF Starts...
Bitfinex Calls Itself 'Victim of a Fraud' in Response to Recent Arrest
25.10.2019
Bitfinex calls itself a “victim of a fraud” in response to a recent arrest at Crypto Capital
Tether Catching Up With BTC and ETH: Bloomberg
25.10.2019
Tether is gaining popularity as a payment method, catching up with Bitcoin and Ether, according to Bloomberg
Coinplug Gets Support From Major Korean Banks in Its $6.4 Million Round
25.10.2019
Coinplug, a leading cryptocurrency exchange based in South Korea, has raised $6.4 million from the venture capital divisions of several local Korean firms. It was founded in the year 2013, and since then, it has been successfully operating as a crypto exchange and a Bitcoin prepaid card service...
Telegram Investors Approve Postponing of Launch Date of Telegram Open Network
25.10.2019
TON Investors mutually agreed to push the inauguration date of the Telegram Open Network (TON) blockchain platform to April 30, 2020. A majority of TON investors backed the agreement; hence, the refund option has been annulled. Last week, Telegram sent out a letter to all the TON investors...
Ripple Escalates to $0.284 in the Intraday Market
25.10.2019
Ripple (XRP) price marks heavy escalation during intraday trading The coin reverses yesterday’s fall The crypto market embarked on the bullish trend from the beginning of the day. Many currencies in the market have already recovered, and others are speculated to go green in some hours. Ripple...
Michael Novogratz’s Galaxy Digital Comes up with 2 New Bitcoin Funds
25.10.2019
In a recent announcement, billionaire Michael Novogratz-led Galaxy Digital Asset Management proudly stated that the company will be launching two Bitcoin funds in the month of November. Novogratz confirmed that the planned Bitcoin funds, dubbed the Galaxy Bitcoin Fund and the Galaxy Institutional...
McKinsey: Majority of Banks May Not Be Economically Viable
25.10.2019
Management consulting firm McKinsey & Company has published a global banking review and found that a majority of banks worldwide may not be economically viable. More than half of them still do not generate their cost of equity 10 years after the crisis and may not survive an economic downturn....
Kraken Unveils its WebSockets Private Application Program Interface
25.10.2019
One of the prominent digital currency exchanges, Kraken, has made its WebSockets Private API (Application Program Interface) live. Kraken announced the development on October 24, 2019, through an official blog post. The Private API enables clients to have more rapid streaming access to their trade...
Binance Coin Marks Moderate Recovery; Hovers Around $16.98
25.10.2019
Binance Coin (BNB) price turns green after an agitated yesterday The coin might remain volatile on the intraday market Binance Coin is reflecting a bullish trend. The price movement in the coin is quite volatile as the day opened with a fall, but later reflected recovery. The current trend...
EOS Reverses Yesterday’s Fall; Price Returns to $2.75
25.10.2019
EOS price battles out of the heavy fall Intraday trading might book moderate profit The crypto market seems to have taken an improvement in turn rapidly after yesterday’s fall. The drop in the price was heart-breaking, but the recovery was anticipated as well. Today, the market is reflecting...
Stellar (XLM) Indicates Moderate Recovery After Yesterday’s Massive Drop
25.10.2019
Currently, Stellar is trading in recovery mode. The coin has already climbed to $0.060 and is moving towards the immediate resistance level at $0.061. The improvement in the XLM coin price has already recovered yesterday’s loss. There is a strong possibility that the price would improve and return...
Tron Initiates Recovery with a 5.89% Gain Overnight
25.10.2019
Tron gains 5.89% in the last 24 hours to touch 0.0151 USD It may find the next resistance at 0.0156 USD Tron seems to have started its recovery, and over the last 24 hours, it has been up by 5.89% and reached 0.0151 USD. It has shown three major price changes in this period, and …
The post...
Man Takes AT&T to Court After He Loses Crypto Worth 1.8M Dollars in Sim Swap Attacks
25.10.2019
A Californian man named Seth Shapiro has filed a lawsuit against AT&T alleging that the company’s employees helped hackers carry out sim swapping of his number that cost him over 1.8 million dollars in digital currency. Holding AT&T liable for his loss, Shapiro said that the firm failed...
Bitcoin SV Crosses $110 After 13.14% Hike in a Day
25.10.2019
BSV crosses 110 USD after a 13.14% increment The next resistance awaits at 115.29 USD Bitcoin SV has also followed the market trend and in the last one day it mounted up by 13.14% to go beyond 110 USD from 97 USD. It has been through three major price shifts in this period and the …
The post...
State Bank of India Chief Argues Crypto Regulation Is a Must
25.10.2019
The chairman of the State Bank of India (SBI) has spoken in favor of cryptocurrency regulation in an interview. He believes that it is necessary to regulate cryptocurrencies. Last week, the chairman attended IMF meetings in Washington, D.C., with Finance Minister Nirmala Sitharaman. Also read:...
Limechain’s Developer Product Integrates Etherlime with Chainlink for Rapid DApp Development
25.10.2019
Blockchain-based solutions provider Limechain has launched a developer product, “Etherlime Chainlink Shape,” that combines Etherlime and Chainlink to reduce the time taken for developing Decentralized Apps (DApps). Etherlime developed by Limechain is an Ethereum development framework based...
Huobi Japan Raises $4.6M From FPG to Expand Crypto Trading Business
25.10.2019
FSA-licensed crypto exchange Huobi Japan has raised $4.6 million from FPG to provide support for new financial assets and payment methods