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Abra Crypto App Charged by SEC for Transactions Affecting Thousands of US Stock and ETF Purchases
13.7.2020
Abra cryptocurrency app has been charged by two U.S. regulators: the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). The company has agreed to cease-and-desist orders as well as fines. The SEC says Abra’s employees “effected thousands...
South Korea Could Issue a Crypto Capital Gains Tax as High as 20%
13.7.2020
Crypto taxation in South Korea could increase to 20% for capital gains
Crypto Scams Reach New Heights in 2020 With $24M Stolen So Far
13.7.2020
Whale Alert alleges that crypto scams are skyrocketing in 2020 compared to statistics from 2017
Vulgar Crypto Index (Rhymes With ‘Bitcoin’) Hits All-Time High
13.7.2020
A novel index of 50 low-capitalization cryptocurrencies made new all-time highs as it continues to outperform bitcoin
Price Analysis 7/13: BTC, ETH, XRP, BCH, ADA, BSV, BNB, LTC, CRO, LINK
13.7.2020
Equities markets are surging and many altcoins continue to push higher as Bitcoin price consolidates into a tight trading range
Crypto Lawyers Are in Hot Demand as the Industry Goes Mainstream, Say Experts
13.7.2020
Crypto companies are looking for legal talent as the industry becomes more established
Fiat Failures, Inflation to Fuel 'Fear-Driven' Bitcoin Rally - Crypto Insiders
13.7.2020
Fiat failures and widespread inflation stemming from skyrocketing public debt could pave the way for bitcoin (BTC) to enter the mainstream in the next one to two years, say prominent crypto industry players.
Speaking in a recent panel at Real Vision’s The Crypto Gathering event, Nic Carter,...
DApps Need to Nail Usability to Move From Crypto Niche to Mainstream
13.7.2020
Yield farming is driving a boom in DApp and DeFi use, but user experience improvements will be key for future adoption in the next five years
Brexit as Crypto Case Study? Britain Contemplates Its CBDC
13.7.2020
The governor of the Bank of England acknowledged that the U.K. is considering the issuance of a CBDC
SEC and CFTC Fine Crypto Investment App for Offering Synthetic Assets
13.7.2020
U.S. regulators team up to fine and halt a crypto portfolio app offering synthetic exposure to traditional assets, which was not offered to U.S. investors
Covid-19 Forces Indians to Embrace Digital Payments but Country Still Lacks Crypto Regulation
13.7.2020
The global pandemic Covid-19 is forcing Indians to resort to digital payment platforms when settling bills as well as paying for groceries. Before the Covid-19 outbreak, Indian citizens largely ignored a 2016 government decree that attempted to achieve the same, reports The Economic Times of India....
SEC, CFTC Hit Crypto App Abra With $300K in Penalties Over Illegal Swaps
13.7.2020
The financial regulators both found fault with Abra offering security-based swaps without first checking to see whether investors were eligble
Crypto Market Sentiment Improves, Is Highest In A Month
13.7.2020
Crypto market sentiment is soaring as its combined moving 7-day average sentscore for the top 10 coins is reaching new short-term highs near the positive zone - a move not seen since the beginning of summer. This week, it stands at 5.77/10, compared with the last week’s neutral score of 4.94,...
Compound Tops $1B in Crypto Loans as DeFi Farmers Keep Digging for Yield
13.7.2020
Yield farming continues to push Compound to new heights. On Monday, the lending protocol topped $1 billion in loans issued
Crypto Exchange Cashaa Loses 336 Bitcoin Worth $3 Million to Hackers
13.7.2020
Cryptocurrency exchange Cashaa says it has lost 336 bitcoin (worth around $3.1 million) to hackers. The London-based platform has now ceased all crypto-related transactions, including withdrawals and deposits, as investigations into the breach get underway. In a tweet on July 11, Cashaa claimed...
Drop in Bitcoin ‘Whale’ Addresses Suggests Market May Be Decentralizing
13.7.2020
The number of bitcoin addresses holding at least 10,000 coins has dropped to 14-month lows alongside an uptick in lower-value addresses
Global Blockchain Gurus to Explore the Future of Blockchain and Crypto in Asia
13.7.2020
World Blockchain Summit is geared up to gather the most influential voices in the global blockchain and crypto community this July. Singapore, 06 July 2020: Having hosted multiple high-level conferences across the world, World Blockchain Summit (WBS) has established itself as World’s biggest...
Japanese Residents Have Cash to Spare, But is it Going into Crypto?
13.7.2020
The Bank of Japan reported the supply of money stock in circulation increased 6% in June following the receipt of economic relief payments
Inside the Craze for Filecoin Crypto Mining in China
13.7.2020
As Filecoin inches closer to a blockchain mainnet launch, investors in China are again speculating heavily on the network’s mining hardware and token prices
Altseason Imminent: ‘Most Altcoins Should Gain on Bitcoin Soon,’ Says Veteran Analyst
13.7.2020
During the last 30 and 90-day intervals, a number of altcoins have done much better than bitcoin, as far as price percentage increases are concerned. Last Thursday, the popular analyst Peter Brandt told his 360,000 followers that the price of ethereum saw a “significant breakout”...