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Binance and FTX Stormed Crypto Derivatives Market in November


Before major cryptocurrency exchange Binance announced its investment in cryptocurrency derivatives exchange FTX, both platforms registered the biggest gains in the crypto derivatives market in November. Last month, Binance saw a rise in total monthly derivatives exchange volumes (all volumes...

Lawmakers Want Answers From IRS, Citing Major Issues With Crypto Tax Guidance


Eight lawmakers have sent a letter to the IRS seeking answers to new questions stemming from the latest crypto tax guidance. They pointed out a number of major issues including unwarranted tax liabilities for crypto users who unwillingly receive forked or airdropped coins. Also read: Regulatory...

Boerse Stuttgart and SBI Partner to Expand Crypto Services in Europe and Asia


Germany’s second-largest stock exchange and a major financial services group in Japan have partnered to expand their crypto operations in Europe and Asia. Boerse Stuttgart recently launched its crypto trading platform while SBI has been expanding its crypto business operations for several...

Academic: All Undergrads Should Learn About Bitcoin & Blockchain


Jeremy Clark This interview was originally published by our French franchise partner fr.cryptonews.com. ______ Bitcoin (BTC) officially turns 11 on January 3, 2020. As the token enters its third decade, how does one of the first few academics to ever write a paper on BTC see the future of Satoshi...

Poloniex Restores Unverified Accounts With Unlimited Trading


In times of mounting pressure on crypto companies to comply with expanding due diligence requirements, Poloniex has taken a step in the opposite direction. The exchange is lifting restrictions that applied to unverified users in response to customer demand. New and current accounts will enjoy...

Bybit CEO Ben Zhou on Crypto Derivatives and Market Predictions for 2020


12 months ago, crypto derivatives platform Bybit officially launched. The Singapore exchange, which also has offices in Hong Kong and Taiwan, has enjoyed a fruitful first year, attracting users from North America, Europe, Russia and Asia. With products including BTC, ETH, XRP and EOS perpetual...

Judge Rules Snowden Must Give Book Proceeds to US Government


A U.S. district judge has ruled that former intelligence contractor Edward Snowden must turn over the proceeds of his new book to the U.S. government. According to the ruling, Snowden failed to obtain clearance for the materials and information used in his book. The same judge previously ruled...

P2P Crypto Trading App Allows You to Protect Your Privacy


Regulatory pressures as well as the development of third-party, intermediary and custodial services in the crypto space have been limiting the share of peer-to-peer trading. A new contender is now challenging established P2P exchanges by offering users a mobile service that allows them to determine...

How Global Macro Trends Might Affect Crypto in 2020


Crypto is not an island. While the most popular cryptocurrency, Bitcoin (BTC) is still considered to be a non-correlated asset, economic and financial developments have at least an indirect effect on crypto market behavior. Also, political and regulatory pronouncements can lead people towards...

Twitter Storms, Ice Ages and 20 Crypto Jokes


This week saw many crypto-related developments: FTT rallied after Binance invested in FTX, Ripple raised USD 200 million, Tron’s Justin Sun sparked a Twitter storm by publicly committing USD 1 million to Greta Thunberg’s cause, the Cryptoworld wondered if BSV is about to sabotage itself, Cardano...

Iran, Turkey, Malaysia Discuss Creating Unified Muslim Cryptocurrency


At a summit attended by leaders of Muslim countries, including Malaysia, Turkey, Iran, Qatar, and Indonesia, the Iranian president proposed creating a Muslim cryptocurrency to cut reliance on the U.S. dollar. The Malaysian prime minister supports the idea of a unified cryptocurrency for Muslim...

$100M of Ethereum Tied to Plustoken Scam Sparks Wild Theories


During the last two weeks as cryptocurrency prices slid below long term foundational support, speculators assumed Plustoken scammers may be behind the dump. Blockchain intelligence firm Chainalysis published a report which claimed Plustoken coin sales might be dragging BTC prices down. Moreover,...

Chinese Regulators Question 8 Crypto Companies in Shenzhen


Authorities in Shenzhen have started pressuring crypto businesses operating in China’s tech capital. Eight companies, two suspected operators of trading platforms, and six entities allegedly associated with coin offerings, have been placed under inquiry, Chinese media revealed, with...

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