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Crypto Lending Startup BlockFi Slashing Interest Rates on Ether Deposits
22.5.2019
BlockFi is almost halving the interest rate it offers on ether deposits from June 1, while the rate on larger bitcoin deposits will go up slightly
Crypto Merchant Bank Galaxy Digital Sells Shares in EOS Creator Block.One for $71 Mln
22.5.2019
Mike Novogratz’s crypto merchant bank Galaxy Digital has sold its shares in EOS developer Block.one for $71.2 million
Firefox Browser Adds Option to Automatically Block Crypto Mining Scripts
22.5.2019
Mozilla has released an update for its Firefox browser which includes an option to block cryptocurrency mining scripts on websites
Russia ‘Suspends’ Crypto Legislation, Blames FAFT Ruling for Delay
22.5.2019
The Russian government has postponed the introduction of its planned cryptocurrency regulations – laying the blame for the delay at the feet of the international Financial Action Task Force (FATF).
New agency Tass reports that the legislation – which had been slated for a second reading in...
Israeli Court Rules Bitcoin Is an Asset
22.5.2019
An Israeli court has ruled that bitcoin is an asset, confirming the central bank’s stance. The case involves the country’s tax authority and the founder of a blockchain startup who argues that profits from the sale of cryptocurrency should be tax-free. The court has ruled in favor...
Cheeze Wizard, The First Cheese Battle Royale On DLT, Bags Pre-Sales Volumes Of Over 500 ETH
22.5.2019
Blockchain-based games have become quite popular in recent times, and they are also a fun way to enter the realm of cryptocurrencies. Tonnes of games have penetrated the market, but Cheeze Wizard promises to be unique. It will be the first DLT based Battle Royale with Cheese. The game was opened...
From Now, You will Find Qtum (QTUM) on Crypto.com Wallet and Visa Card Network
22.5.2019
On 20th May 2019, Qtum on its official Qtum Twitter page announced that the token- QTUM will now be available on Crypto.com. The token can now be used on the Crypto.com wallet and the Visa card network as per the announcement. Founded in 2016, the Hong Kong-based Crypto.com has one clear ambition...
Matic Network Joins Binance Info’s Transparency Initiative, Will Share Project Related Info
22.5.2019
Blockchain was all about decentralization, transparency, and immutability, which made it a massive hit among tech enthusiasts worldwide. However, these values have taken a backseat, especially after the massive crypto rally in 2017 and the subsequent downfall of 2018. Recently, several accusations...
BlockFi Crypto Management Firm Adjusts Interest Rates
21.5.2019
BlockFi asset management has adjusted interest rates for accounts holding bitcoin and ether
Circle CEO Jeremy Allaire: Crypto Space Needs Regulatory Certainty
21.5.2019
The CEO of CIrcle, Jeremy Allaire, says that existing law is inadequate in addressing cryptocurrencies
Crypto Custody Firm Ledger Vault to Provide Services to Crypto Broker Voyager Digital
21.5.2019
Canadian cryptocurrency broker Voyager Digital will use the services provided by Ledger Vault, the custody arm of French hardware wallet manufacturer Ledger
Crypto Startup Circle Lays Off 30 Employees Citing Market, Regulatory Conditions
21.5.2019
Circle is laying off roughly 30 people, CoinDesk has learned
Elipay Celebrates the First of 100s of Crypto-Accepting Merchants in Croatia
21.5.2019
On May 20, Eligma showed off its Elipay service, a crypto payment processing system that allows people to pay for products and services with cryptocurrencies at over 300 retailers in the region. The grand opening of Elipay’s Croatian launch started with the first transaction made...
Japanese Parliament Moves New Crypto Regulations to the Upper House
21.5.2019
Japanese parliament passes new crypto regulations for consideration by the upper house
SEC Moves to Halt Diamond-Linked Crypto ‘Ponzi Scheme,’ Freeze Assets
21.5.2019
The U.S. Securities and Exchange Commission has taken action over what it alleges is a $30 million crypto scam based on supposed diamond investment
Australian Securities and Investments Commission Warns Public Against New Crypto Scam
21.5.2019
Australian Securities and Investments Commission red flagged another alleged crypto-related scam operating without a license
Russia Delays Adoption of Crypto Regulation Due to FATF Order to Legislate Bitcoin
21.5.2019
Russia is delaying the adoption of its crypto regulation due to a FATF requirement to legislate terms such as “bitcoin” and “crypto”
Internal Revenue Service is All Set to Release Crypto Tax Guidelines
21.5.2019
The Internal Revenue Service recently announced that it would be fixing the new guidelines for tax on crypto. Because the IRS identifies crypto as property and not currency, it is because it is taxable to purchase and sell crypto. Consequently, tax rules which apply for property transactions, such...
Bitcoin Attaining $8,000 Marks An End to the Crypto Winter, Says Tom Lee
21.5.2019
According to Tom Lee, the CEO, and Co-Founder of Fundstrat Global Advisors, the crypto winter has finally come to an end. We all know that Bitcoin and the entire crypto market have witnessed a price slump since the past few months. But things began to look better again since the start of April....
Ethereum Trading Volume Reaches $900 Million
21.5.2019
The current bull run on the crypto market is reflecting on many major cryptocurrencies, and Ethereum is no exception. Trading of Ethereum witnessed a record high of $900 million. For the past four months, ETH has steadily increased, doubling from a low of just over $ 100 in February to its current...