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Venezuelans Look to Crypto Dollars for Financial Security
31.8.2020
Crypto-dollars offer an alternative to unreliable currencies and the dangers of holding physical cash. They just need to be designed for everyday people
Cred to enable in-app staking through Klever wallet
31.8.2020
Crypto wallet app Klever will allow users to stake cryptos in Cred’s staking programs from within the wallet
Crypto Earnings from Microtasks Still Taxable in the US - IRS
31.8.2020
Cryptocurrency is “a substitute for real currency,” and any “convertible virtual currency received is taxable as ordinary income,” a recently published memo from the US Internal Revenue Service (IRS) has declared.
The new clarification by the IRS was made in response to a request for clarification...
Venezuela’s Bitcoin Use Soars Amid Hyperinflation: 3rd on Global Crypto Adoption Index
31.8.2020
Venezuelans have become increasingly interested in cryptocurrency as their country faces dire economic crisis and hyperinflation, a new study by blockchain data analytics firm Chainalysis shows. The firm’s Global Crypto Adoption Index ranks Venezuela third as “The country has reached...
FTX buying Blockfolio continues consolidation trend in crypto industry
31.8.2020
Major crypto exchanges are consolidating smaller, niche services to expand their overall market reach
Russia’s Crypto Mining Farms Would Have to Report to Government Under Proposed Bill
31.8.2020
Russian wants all data centers, including mining farms, to report what they do and how they operate. Local experts say that brings risk
South Africa Might Impose Tighter Crypto Taxes Rules - Auditor
31.8.2020
The South African Revenue Service (SARS) could bring in stricter taxes for the country’s cryptoasset holders in the near future, potentially hampering the development of an industry that has emerged as Africa’s biggest, analysts claim.
Wiehann Olivier, a partner in the auditing division...
On quantitative easing, crypto and modern monetary theory
31.8.2020
Crypto needs financial products — simply positioned and simply transparent — to preserve and grow people’s assets in difficult times
Signature Bank Gave Dozens More PPP Loans to Crypto Firms Than Previously Reported
31.8.2020
Signature Bank gave $20 million in PPP loans to roughly 40 firms in the digital asset space. Only nine loans were revealed in public documents last month
Crypto Market Sentiment Falls Deeper into Neutral Zone
31.8.2020
Over the course of the past week, the combined moving 7-day average crypto market sentiment score (sentscore) for the top 10 coins by market capitalization did not recover to its previous positive zone status, but dropped deeper into the neutral zone instead - from 5.96 seen last week to today's...
Meet Torus, the One-Click Blockchain Wallet Trying to Make Web3 as Easy as Chrome
31.8.2020
Singapore-based Torus Labs has released a Chrome browser extension for its Torus wallet and added a new product called tKey, a custom version of 2FA
How bot trading influences the crypto market, explained
31.8.2020
Trading bots have become a major factor in the world of cryptocurrency, but are they potentially doing more harm than good?
Someone Just Lost $16M in Bitcoin By Using a Malicious Install of the Electrum Wallet
31.8.2020
An Electrum wallet user claims to have lost a fortune in bitcoin after installing an older version of the software from a malicious source
Huobi and OKEx Battle for Supremacy in China
31.8.2020
Cryptocurrency exchange Huobi is taking aim at competitor OKEx in the business of trading bitcoin futures and other derivatives contracts, opening up a new front in a longstanding rivalry that has historically focused on the lucrative Chinese market
Wyoming's 'Crypto Cowboy' unsaddled in primaries by alt-right candidate
31.8.2020
The house Majority Whip fell as right wing factions sought to remove moderate Republicans from the party, but blockchain legislation is safe, says Tyler Lindholm
Crypto Kanoon Partners with BearTax to Help Users with Tax Docs
31.8.2020
Indian crypto media house Crypto Kanoon announced on Sunday that it has joined hands with crypto accounting software solutions platform BearTax. It stated in the official tweet that BearTax will help Indian crypto users to generate their tax documents in three steps, after scanning their crypto...
Japanese crypto traders ditching XRP and MONA for Bitcoin
31.8.2020
Most Japanese crypto traders may be leaving altcoins behind entirely
Nigerian Crypto Startup Yellow Card Raises $1.5 Million For Expansion in Africa
31.8.2020
Yellow Card has raised $1.5 million in a seed round. The Nigerian crypto startup said it will use the money to expand its operations in Africa while making it easier for people on the continent to buy and sell digital assets. Investors in the new round include Polychain, venture capital firm...
Crypto Long & Short: What Changes at the Fed and the SEC Mean for Crypto
30.8.2020
Chairman Powell’s speech on Thursday highlighted how much the Fed’s role is changing, and that's an opportunity for the crypto industry
Cloudflare goes down; crypto websites hit
30.8.2020
This time it’s not your Wifi that’s the issue