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‘Not an Audit’: IRS Notice Could Spell Trouble for Crypto Traders
26.8.2019
The IRS took to Twitter on August, 26, posting a video about recently mailed CP2000 notices, of special interest to crypto traders. The notice, which seeks to rectify discrepancies made by recipients in tax reporting, is another in a series of crypto-related letters recently sent by the agency....
Market Update: Economists Envision Global Recession While Crypto Prices Soldier On
26.8.2019
Last week cryptocurrency prices bounced around after a majority of coins dropped in value on August 21. Today on August 26, digital currency markets have gained around 1.52%, gathering $4 billion since the initial slump. Despite the volatility, cryptocurrencies have consolidated and a...
India Facing ‘Unprecedented’ Economic Slowdown, Extraordinary Steps Urged
26.8.2019
Many signs indicate that the Indian economy is under grave stress, affecting nearly all sectors. “India’s economy is in a deep mess,” due to initiatives such as demonetization and GST, some lawmakers say, as they urge the government to handle the situation “which...
Send Token Payouts With Ease Using Bitcoin.com’s SLP Dividend Calculator
25.8.2019
On August 23, Bitcoin.com released a new application called the SLP Dividend Calculator. The new platform allows users to build a transaction to make dividend payments to any Simple Ledger Protocol (SLP) token holder. Also read: How to Create Non-Fungible Assets and Collectible Tokens With Bitcoin...
Doing What You Want With Your Money Is a Fundamental Right
24.8.2019
Since the birth of Bitcoin, crusaders fighting for the separation of money and state discovered a new payment tool that bypasses the nation state’s control over the monetary system. For over ten years now, lots of people have been using digital currencies to hide from prying eyes...
How to Create Non-Fungible Assets and Collectible Tokens With Bitcoin Cash
22.8.2019
On August 21, James Cramer, the developer behind the Simple Ledger Protocol (SLP), announced the launch of the Electron Cash SLP version 3.5. The latest release allows people to create a new type of SLP token called NFT1, a non-fungible token that can be grouped together by a single ID....
PR: Cross Exchange Launches IEO
22.8.2019
CROSS is a project aiming to develop an exchange platform that trades various digital assets globally including CROSS exchange for the coming digital asset and digital money society.
The value of CROSS (XCR) is to “provide a platform for exchanging all kinds of digital assets.”
The post PR: Cross...
Market Update: Prices Drop as Crypto Sentiment Enters the Fear Zone
21.8.2019
Cryptocurrency markets fell hard on August 21 following the $700 price drop bitcoin core (BTC) saw during the early morning trading sessions. Most digital assets have lost 2-8% in value as the overall market valuation of all 2,000+ coins has plunged to $263 billion. Crypto price movements have been...
Indian Supreme Court Orders RBI to Answer Crypto Exchanges, New Date Set
21.8.2019
After hearing the arguments against the banking restriction by the Reserve Bank of India (RBI) in detail, the Indian supreme court directed the central bank to reply to the representations filed by crypto exchanges. Since the RBI has not adequately answered them, the court set a new date to resume...
High-Powered Mining Rigs Drive Bitcoin’s Accelerating Hashrate
20.8.2019
On August 19, the combined SHA-256 hashrate between the BCH and BTC networks touched a massive high of over 91 exahash per second (EH/s). One notable contribution to today’s network hashrates is the manufacturing of next-generation mining rigs that produce a significant number of terahash....
Blockchain Firm Veritaseum Calls for Assets to Be Unfrozen in SEC Response
20.8.2019
Veritaseum has officially responded to the SEC's claims it sold illegal securities and called for its funds to be unfrozen to protect investors
RBI Defends Its Power Over Crypto in Indian Supreme Court
20.8.2019
The Indian supreme court heard the case against the crypto banking restriction by the Reserve Bank of India (RBI) in detail Tuesday. After many arguments challenging the RBI’s power over crypto were presented, the counsel for the central bank began making the case against cryptocurrency. Also...
‘Amazon of Japan’ Rakuten Launches Crypto Exchange Service
20.8.2019
Rakuten, the “Amazon of Japan,” announced the launch of its new crypto exchange platform Monday, August 19, offering spot trading of crypto assets via a dedicated smartphone app. The e-commerce giant has been crypto-friendly for a while now, experimenting and investing in crypto payment...
How to Bequeath Your Digital Assets to Your Descendants
20.8.2019
Depending on your belief system, death is either the endgame or the next level. Whatever lies on the other side, your bitcoins are no good there. Just as we entered this world with nothing, we are destined to leave it with nothing. All those years spent stacking sats needn’t be in vain...
Japan’s E-commerce Leader Rakuten Publicly Unveils Its Cryptocurrency Exchange
19.8.2019
Rakuten, Japan’s e-commerce giant, has publicly unveiled its digital currency exchange called Rakuten Wallet. The company made an official announcement on Monday in which it disclosed that the users could begin spot trading activity through a dedicated mobile application in three digital currencies...
Philippines Increasingly Crypto Friendly – A Look at Driving Forces
18.8.2019
There are many reasons why the Philippines is becoming increasingly crypto-friendly. Not only has its central bank registered more crypto exchanges recently, but the Securities and Exchange Commission has also been actively finalizing crypto guidelines. The country has an active crypto community...
Lendingblock receives License as DLT Provider from GFSC Supported by ISOLAS
17.8.2019
Lendingblock, the open trade for institutional lending and borrowing of digital assets has obtained a License as a DLT (Distributed Ledger Technology) provider from the GFSC (Gibraltar Financial Services Commission) upheld by the blockchain law office, ISOLAS. This License is a significant...
How Coinbase Quietly Became the World’s Biggest Bitcoin Bank
17.8.2019
On August 15, the San Francisco-based digital currency exchange Coinbase announced that it had acquired the cryptocurrency custody service Xapo’s institutional branch. The business move puts Coinbase in the limelight, making it the largest custodial service for digital assets worldwide, with...
Ron Paul Slams Fednow Payment System and Encourages Crypto Competition
15.8.2019
Ron Paul, the muckraking former congressman from Texas, is stirring things up once again, this time taking aim at the new real-time digital payment system proposed last week by the U.S. Federal Reserve. Presented as an innovative solution by government and media voices, the cryptosphere received...
Central Banks Worldwide Testing Their Own Digital Currencies
15.8.2019
Central banks worldwide are examining the possibility of issuing a central bank digital currency (CBDC), with some already testing theirs for different uses. Countries that have advanced their digital currency projects include China, Singapore, Canada, the Bahamas, Thailand, Uruguay, and Sweden....