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How to Avoid Ponzi Schemes in the Crypto Space: A Checklist
13.7.2019
If you have been in the crypto industry for a couple of years, you might have heard of two types of crimes. One, the cyber attacks, which like any other attack is an open threat, and the other, just a result of lack of awareness, are Ponzi schemes. Conmen have found a new playground in …
The...
Thailand Approves 4 New Cryptocurrency Service Providers
13.7.2019
The Thai Securities and Exchange Commission has approved four new crypto business operators to legally operate in the country. In addition to licensing a new crypto exchange, the government has officially approved the country’s first three digital token portals. Meanwhile, new rules...
Crypto’s Travels: 20 Crypto Jokes
13.7.2019
Another week of crypto fun and unpredictability is almost behind us. Let’s check out a few things that happened, before moving on to the jokes of the week.
In Bitcoin news: we saw Bitcoin sneaking to USD 13K, with altcoins struggling to keep up, then finally hitting it for the third time this year...
Poloniex and KuCoin Extends Support to the Upcoming USDT-TRON Airdrop
13.7.2019
As per the latest reports, two of the world’s most renowned and widely used digital currency exchanges namely Poloniex Digital Asset Exchange and KuCoin have announced their support to the upcoming USDT incentive plan based on TRC20. That means users of both Poloniex and KuCoin exchange can take...
Georgia Exempts Bitcoin From VAT to Become the Next Country to Affirm Its Currency Status
13.7.2019
Cryptocurrency taxation is a subject that concerns a growing number of users, traders and investors. An area that creates a lot of confusion among taxpayers is the application of VAT, or the value-added tax most countries levy on the sales of goods and services. Georgia has become the latest nation...
Crypto Prediction Market and Derivatives Platform Veil Is Closing
12.7.2019
Veil launched six months ago with an Auger protocol to make decentralized predictions on real world events
IRS Confirms It Trained Staff on Finding Crypto Wallets
12.7.2019
The IRS may subpoena tech firms like Apple, Google and Microsoft in search of taxpayers’ unreported crypto holdings.
TRON joins Exodus Online Wallet by making itself Accessible to Users who Prefer to do Trading Through their Mobile Phones!
12.7.2019
Exodus Mobile offers an application for Android and iOS, which are similar, enabling traders and financial specialists to deal with their cryptocurrencies when there is a need. Besides launching the mobile version of its wallet, Exodus presently allows its clients to connect with the desktop...
Big Guns of Crypto Fraternity React to Trump’s Tweets on Bitcoin and Other Cryptocurrencies
12.7.2019
Cryptocurrencies have been at a tussle with regulators and lawmakers globally for a long time, however, the fight took a notch higher when US President Donald Trump tweeted late night that he isn’t a fan of Bitcoin and other cryptocurrencies. He blasted Bitcoin accusing it of being used...
Another Crypto Company Wants to Offer Bitcoin Derivatives in the US
12.7.2019
Institutional digital assets platform TrueDigital Holdings has announced plans to offer bitcoin derivatives for U.S. investors – if the CFTC approves
Crypto Broker Prasos Wins EU Payment Institution License
12.7.2019
The Finland-based crypto firm says it can expand its fiat payment offerings after being granted the license
What Are Dollars Used for, President Trump? – The Gun Money Known as USD
12.7.2019
Donald Trump has taken to Twitter yet again, and this time he’s talking about bitcoin and the superiority of the United States dollar. Bashing lack of regulation and potential for criminal activity inherent to crypto, Trump claims the U.S. fiat will always be the strongest currency in...
President Trump Jumps Into Crypto War, Says Not Big Fan of Bitcoin; Warns Facebook
12.7.2019
The tussle between the administration and Bitcoin just intensified as the world’s most powerful lawmaker, president of the United States, Donald Trump has spoken on cryptocurrencies for the first time, and the news is not pleasant for the industry. Trump has tweeted that he isn’t a fan of Bitcoin...
The Miami Dolphins Now Have an ‘Official Crypto’ – And It’s Litecoin
12.7.2019
The American football team has teamed up with the Litecoin Foundation to accept cryptocurrency payments
YouNow Secures A+ Regulatory Approval For Their Crypto Token From SEC
12.7.2019
The highest regulatory authority of the US has approved the distribution of cryptocurrency and props of the YouNow platform. The platform is known for social live streaming if videos in the US. The platform can now use A+ crowdfunding exemptions as per the regulation of SEC. The report surfaced...
Hackers Steal USD 32M in Crypto from BITpoint Japan
12.7.2019
Source: iStock/Ali Kerem Yücel
On July 11, hackers stole JPY 3.5 billion (USD 32 million) from the Japanese cryptocurrency exchange BITpoint, its parent company Remixpoint confirmed today, adding that victims of the hack will be compensated.
The exchange stopped all its services earlier today...
S Korean Blockchain Sandbox ‘Leaving Crypto Companies in Limbo’
12.7.2019
Companies hoping to use South Korea’s regulatory sandbox to pioneer blockchain-powered overseas remittance operations have been left treading water – with ministers still undecided as to whether they will grant operating permits seven months after beginning deliberations.
Per media outlet Next...
Trump Takes Aim at Bitcoin, But Crypto Community Says ‘Thanks’
12.7.2019
Source: Twitter, @WhiteHouse
American President Donald Trump has lashed out at cryptocurrencies – taking aim at Bitcoin and Facebook’s Libra project in particular, and insisting that the social network and other token issuers must “face global regulations” if they intend on “becoming banks.”
In...
110 Crypto Exchanges Are Reportedly Trying to Get Licensed in Japan
11.7.2019
In 2019 the Financial Services Agency has approved 3 new exchanges, following a year without any new openings
The Cryptocurrency Projects Pursuing a Path to Decentralization
11.7.2019
Decentralization over time is an ethos that many crypto projects espouse. To date, however, few have completed this journey. Talking the talk is easy, but when it comes down to it, only a handful of projects are bold enough to walk the walk and willingly entrust their fate to the community. Also...