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Germany Increases Costs For Some Crypto Firms by USD 250,000


Germany's newly installed cryptocurrency laws have made it illegal for new firms to launch crypto trading, custody services and issue tokens, according to experts. Since January 1, the German Banking Act has stated that crypto assets now qualify as financial instruments and that crypto-exchanges...

Ripple Slashes XRP Selling Even More After Raising USD 200 Million


Ripple, an American blockchain company focusing on payments technologies, reduced sales of XRP from its escrow fund last quarter when it secured USD 200 million in funding. According to their report, the reductions in Q4 follows that sharp reduction that was recorded in Q3, with the main difference...

Fairspin Players Won Almost USD 7m in 2019


Disclaimer: The text below is a sponsored article that was not written by Cryptonews.com journalists. _________ Online casinos have existed for almost as long as the internet itself, and a growing number of them now utilize the blockchain technology for increased transparency and security. However...

Ripple Plays 'USD 500bn XRP Market' Card in Court


Brad Garlinghouse, CEO of Ripple. On January 15, Chief District Judge Phyllis Hamilton of the Northern District of California heard Ripple Lab’s case for dismissing a class action and now the company's fate, as well as that of the "half a trillion XRP market", is in her hands. The judge now needs...

Man Suing AT&T Over USD 1.8m Crypto Loss Says Telco ‘Can’t Deny’ Blame


The American man attempting to sue AT&T after falling victim to an alleged USD 1.8 million “SIM swap” cryptocurrency theft says the telecoms giant is “unable to deny its involvement” in the loss of his funds. The man stated that AT&T neglected to make “sufficient data security systems...

Bithumb to Invest USD 9M in a New Crypto Trading Platform + More News


Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Exchanges news South Korean market-leading exchange Bithumb is set to launch a second domestic trading platform, reports Newsway....

Bitcoin to Surpass USD 20K, But Brace for a Surprise - BitPay CCO


As every year, be prepared that something unforeseen could happen in 2020 also, fueling another bitcoin (BTC) rally, Sonny Singh, chief commercial officer of major crypto payment processor BitPay, reminded. In either case, he estimates that BTC will rise above USD 20,000 this year. “A lot of people...

McAfee Breaks Up With Bitcoin; Calls His USD 1M per BTC Bet a 'Ruse'


John McAfee. Source: Twitter/@officialmcafee One of the Crypto Twitter's most "relevant" discussions is currently ongoing - whether or not John McAfee should indeed eat his penis in twelve months if he loses his famous bet as promised. The controversial entrepreneur and former Bitcoin (BTC) bull...

China Takes Another Step Away From USD Hegemony


The China Foreign Exchange Trade System (CFETS) announced that effective January 1, 2020, the system “will adjust weights for CFETS RMB Index,” decreasing the weighting of the USD for the second time in the currency basket’s history from 22.40% to 21.59%, and increasing the Euro...

Legal Wrinkles Could Blight Taxman’s USD 67m Bithumb Ruling


Lawyers and politicians in South Korea have been debating the legality of the tax service’s recent decision to effectively serve crypto exchange Bithumb with a USD 67 million tax bill. As previously reported, South Korea’s National Tax Service (NTS) has attempted to force Bithumb to pay...

Russian Programmer 'Sends' USD 450m in Crypto to Fraudsters + More News


Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Legal news Russian computer programmer Alexei Bilyuchenko, who was involved in the collapse of Wex (World Exchange Services)...

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