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EU Plans New Crypto Rules By 2024, Expects EUR 55bn in Added Value
21.9.2020
By 2024, the EU reportedly aims to introduce new rules to make cross-border payments quicker and cheaper through the use of blockchain and cryptoassets and hopes that it might increase potential added value in the sector by EUR 27bn-EUR 55bn.
The EU executive will present a draft law to clarify...
Publicly Listed Energy Firm Equinor Exploits Gas Flaring in North Dakota to Mine Bitcoin
21.9.2020
Just recently, the firm Arcane Research recently revealed a number of screenshots from the publicly traded energy firm, Equinor. The pictures show the multinational company leveraging natural gas flaring to power bitcoin mining operations. In recent years, using the unorthodox gas flaring scheme...
Meet in the Middle: Crypto Companies and Banks Are Evolving Together
20.9.2020
Noelle Acheson shows how Kraken’s move to become a bank in Wyoming is more about getting traditional finance to adapt to the crypto industry than the other way around
Stellar’s Jed McCaleb: Crypto Doesn’t Need More Regulation, It Needs Clarity
20.9.2020
“Crypto Titans” is a series of personal interviews conducted by CoinMarketCap with prominent and forward-thinking minds tinkering on and behindContinue Reading
The post Stellar’s Jed McCaleb: Crypto Doesn’t Need More Regulation, It Needs Clarity appeared first...
Brazen Nigerian Crypto Scam Inksnation Still Operational Three Months After Regulator Warning
20.9.2020
One of Nigeria’s most brazen crypto scams, Inksnation remains operational and still invites new investors some three months after the country’s Securities and Exchange Commission (SEC) deemed its activities illegal. The SEC has previously warned Nigerians against investing with the scam...
Former government contractor avoids jail for mining crypto at work
20.9.2020
Just don’t use work resources for personal gain
How Does Kraken’s New Crypto Bank Work?
20.9.2020
This week Kraken Financial became the first crypto company to receive a banking charter. Join CEO David Kinitsky for a look at what it all means and how it'll work with hosts Adam B. Levine, Andreas M. Antonopoulos and Stephanie Murphy
DeFi Unlocked: How to Earn Interest Lending Crypto using Aave
20.9.2020
Source: a screenshot, Instagram/aave.aave
DeFi is all the rage in the digital asset market. There is seemingly something for everyone among the crypto-savvy folk, from incredibly high-yielding (and unsustainable) new protocols to established blockchain-powered savings apps.
In our new “DeFi...
Party at Vitalik’s House? For DeFi, it’s Do-or-Die
20.9.2020
Ethereum gas prices have set new records, with single DeFi transactions costing over $10 in fees. High fees are the result of congestion, as users pay ever higher fees to ensure their transaction gets into a block. As DeFi takes off, the price of gas on Ethereum threatens its future. Or does it?...
Breaking virtual ground: Blockchain-secured land entices real estate investors
20.9.2020
Individual and corporate investors are devoting millions of dollars to acquiring virtual acreage — here is why
EU to Launch Comprehensive Crypto Regulation by 2024: Report
20.9.2020
The European Union is planning to implement comprehensive cryptocurrency regulation by 2024, two EU reports have reportedly revealed. This follows five European finance ministers calling on the European Commission to put in place “very strong and very clear rules” on cryptocurrency....
Report: Blockchain Patents ‘Skyrocket’ in 2020, Alibaba Owns the Most Crypto Patents
20.9.2020
A study from the team at Kisspatent shows that Alibaba Group is the largest blockchain patent holder in 2020 capturing 10x the number of patents held by IBM. The report notes that blockchain patents “are skyrocketing” this year and so far in 2020, there’s been more distributed...
Market Outlook: Bitcoin Breaks $11K, Whales Refuse to Sell, Downside Risk Remains
19.9.2020
The price of bitcoin jumped above the $11k threshold on Saturday morning and into the afternoon, after hovering above the $10,900 range the day prior. The entire crypto-economy of 7,600+ coins has gained 2.29% during the last 24 hours touching $344 billion. Bitcoin (BTC) markets have surpassed...
DeFi, celebrities charged and Kiss: Bad crypto news of the week
19.9.2020
Check out this week’s Bad Crypto podcast
Gibraltar Updates Distributed Ledger Framework to Align With FATF Crypto Regulations
19.9.2020
The Gibraltar Financial Services Commission (GFSC) has updated its guidance notes for distributed ledger technology (DLT) providers to include recommendations for risk management, as well as clarify aspects around the issuance of digital assets. In a statement released on September 17,...
Illicit crypto transactions are getting more attention from the government
19.9.2020
The IRS has a strong interest in receiving information from informed whistleblowers about offshore crypto accounts and criminal crypto tax activity
Why the First US Crypto Bank Is a Big Deal
19.9.2020
Kraken became the first crypto exchange to win a U.S. banking license this week. Here’s why that matters
BREAKDOWN: Why the First US Crypto Bank Is a Big Deal
19.9.2020
Kraken became the first crypto exchange to win a U.S. banking license this week. Here’s why that matters
Uniswaps, Bitcoin Wraps, and 20 Crypto Jokes
19.9.2020
Unsurprisingly, the last seven days have shown us that Bitcoin whales are actively accumulating BTC throughout 2020, and MicroStrategy CEO doubled-down on the company’s bitcoin bet as “trillions are melting in treasuries.” Major crypto exchange Kraken has received a banking charter, while Kiss star...
South Korean Crypto Exchanges Search for ‘Seamless’ AML Solutions
19.9.2020
With just months to go before new legislation comes into force requiring all of South Korea’s crypto exchanges to implement strict anti-money laundering (AML) policies, the race is now on to adopt solutions ahead of time – and avoid falling foul of the law.
So which AML solutions are South Korean...