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Darknet Market Crypto Revenues Hit All-Time Highs in 2020


A study revealed that darknet markets have astonishing figures so far in 2020, despite the coronavirus pandemic, but the dynamics changed compared to the last year’s numbers. Darknet Vendors Surpassed $800 Million in Revenues Despite Covid Pandemic According to the Chainalysis report, darknet...

Research Suggests Bitcoin Buying Ramps Up When Traditional US Markets Open


While bitcoin and a number of digital assets set new 2020 price highs, a variety of crypto-asset commentators have detailed that since October, there’s been a lot of bitcoin buying action during U.S. market hours. Data shows that between East Asia and North America, the two regions account...

Banks Should Pay Interest on CBDCs to Reduce Tax Avoidance – Report


Too much stick and not enough carrot might be the wrong approach for those wishing to impose taxes on digital currencies: This was the surprising conclusion of a new report commissioned by the South Korean central bank, the Bank of Korea (BOK). Per EDaily, the report was co-authored by Jaevin Park...

New Paper: Ripple Network Doesn’t Meet Criteria To Reach Consensus


A brand-new paper which analyzes the Ripple network concluded that the network does not reach true consensus, as its protocol “may violate safety and liveness,” and doesn’t follow the established models and algorithms for a Byzantine agreement. Report Claims XRP’s Network...

Coinbase on Defense As NYT Report Alleging Racial Discrimination Goes Live


Yesterday, US-based major crypto exchange Coinbase warned of a scathing report in The New York Times, and, today, the major news outlet published the article, stating that 15 former Coinbase employees who have either quit or were fired from the company have one thing in common — they were...

Limited Facebook's Libra Might Be Launched in January - Report


Facebook-led digital currency Libra is preparing to launch as a single coin backed one-for-one by the dollar as early as January, the Financial Times reported, citing three undisclosed people involved in the initiative. The other currencies and the composite would be rolled out at a later point...

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