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The Number of Cryptocurrency Wallets Is Growing Exponentially
26.9.2019
Wallets are a necessity for cryptocurrency users and their creation is a strong indication of how fast the popularity of decentralized digital money grows. The number of crypto wallets and their users has been increasing rapidly since the creation of Bitcoin. Spikes usually coincide with rising...
Russian Banks: We’ve Found Ways to Tax Crypto Without Changing the Law
26.9.2019
Russian bankers and their lawyers appear to have uncovered creative legal loopholes that could let tax authorities in the country tax crypto holders – without even having to change the country’s taxation code.
Per a report from Izvestia, the Association of Russian Banks has drawn up a document that...
Monex Offers Crypto Rewards to Shareholders Furthering Japanese Adoption
26.9.2019
Owner of popular Japanese crypto exchange Coincheck, Monex Group, has now announced it will reward shareholders in the company with crypto. Shareholders are to receive a BTC dividend provided they have a Coincheck account. With Japan viewed as one of the top crypto adoption hotspots globally,...
Despite Lower Prices, Bitcoin’s Hashrate Remains Strong
26.9.2019
People watching cryptocurrency markets have been patiently waiting for prices to rise and the overall sentiment to change. However, one thing that’s been extremely bullish these days is how BTC’s hashrate has doubled in the last three months. Even with today’s sluggish crypto...
Crypto Debit Card Coming to Mexico as Colombia, Peru Demand Soars
26.9.2019
A banking company claims it will allow Mexican customers to make payments in cryptocurrencies using debit cards. The firm, named Tauros, says its new digital account lets customers keep money in fiat as well as tokens including bitcoin.
Although the company says its new card currently only allows...
NASA to Launch Bitcoin to the Moon? Space Agency Seeks Crypto Experience
26.9.2019
Could experience with cryptocurrency help you become a better space scientist? NASA seems to think so. The U.S. aeronautics agency is looking for a big data scientist and specifically mentions that experience with cryptocurrency and blockchain could help you get the job. Also Read: Esports...
Appetite for Bitcoin Futures Is Growing
25.9.2019
After all the fanfare, fevered anticipation, and breathless media coverage, Bakkt’s launch of bitcoin futures on Monday was a damp squib. Despite the rollout of physically delivered BTC futures going without a hitch, volumes were low, while the less said about bitcoin’s price in...
Market Outlook: Traders Play New Positions After Massive Drop in Crypto Prices
25.9.2019
On September 24, digital currency markets saw significant losses as the entire cryptoconomy lost $35 billion in a short period of time. Cryptocurrency enthusiasts and traders are now even more uncertain to where markets are headed in the short term. The sudden sell-off that took place on Wednesday...
Bitcoin Shopping App Fold Raises $2.5 Million to Bring Lightning to Retailers
25.9.2019
Competition among bitcoin retail apps is heating up, with the newly funded Fold App doubling down on lightning network experiments
McAfee Hints Institutional Money Won’t Bring Bitcoin Revolution
25.9.2019
In a tweet posted Monday, September 23, Libertarian presidential candidate and crypto rebel John McAfee wrote: “BAKKT goes live today. It is institutionalized and monitored … if you are “initiated” into crypto, then you certainly won’t use it and will spend time luring...
SEC Delays Wilshire Phoenix Bitcoin ETF Ruling + 11 More Crypto News
25.9.2019
Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – keeping you up-to-date with under the radar crypto news from around the world.
Regulation news
American regulator the Securities and Exchanges Commission (SEC) says it has pushed back its decision...
Swiss Banks Team With Fintechs to Enter the Crypto Space
25.9.2019
Multiple joint projects between banks and crypto companies based in Switzerland now offer customers the opportunity to invest in digital assets and take advantage of banking services related to cryptocurrencies. It’s all happening in a regulated environment, generally friendly towards...
Securities Giant Monex Group Will Give Bitcoin to All Shareholders
25.9.2019
Japanese securities firm Monex Group has announced that it will hand out bitcoin to all of its shareholders – regardless of how much stock they own in the company.
Although the payout is relatively small – just 500 yen (around USD 4.67) – the company says that it will be made universally, and will...
Panic at 137 Bank Branches as RBI Limits Withdrawals to ₹1,000
25.9.2019
The Reserve Bank of India has imposed regulatory restrictions on a cooperative bank with 137 branches across India, including limiting customer withdrawals to a total of 1,000 rupees (approximately $14) per account for six months. Police personnel had to be deployed to control angry customers...
Bitcoin Cash-Accepting Mayoral Candidate ‘Nobody’ Hosts Keene’s 420 Rally
25.9.2019
There’s an individual called ‘Nobody’ competing to be the next mayor of Keene, the libertarian enclave and crypto mecca located in New Hampshire. On September 21, the bitcoin cash-accepting mayoral candidate announced the 10th anniversary of the annual 420 Rally will be held this...
Ellipal’s Titan Hardware Wallet Is Airgapped and Easy to Use
24.9.2019
There’s a lot of hardware wallets out there vying for your hard-earned satoshis. Minimalist USB sticks; credit card-shaped devices with monochrome screens; Bluetooth-enabled gadgets. The Ellipal Titan is a new offering that packs a lot into its $169 price tag. But there’s one thing...
Market Update: Low Volumes and Uncertainty Shake Crypto Traders
24.9.2019
The majority of digital currency markets have lost a few percentages over the last few days as cryptocurrency trade volume has been waning. Since our last market outlook, more than $20 billion in global trade volume disappeared and this Tuesday’s market data shows there’s only...
Messaging App Kik’s Legal Battle Shines Light on Past ICO Scams
24.9.2019
Popular messaging app Kik is shutting down due to a Securities and Exchange Commission lawsuit regarding ICO activity for the company’s cryptocurrency, kin. Ted Livingston, Founder and CEO of Kik and Kin, denies the allegations and maintains that the SEC’s case is based...
Major German Stock Exchange Group Launches Crypto Trading
24.9.2019
Boerse Stuttgart Group, which operates Germany’s second-largest stock exchange, has launched a regulated crypto trading platform, in partnership with Solarisbank. Customers can connect directly to the new exchange and trade bitcoin against the euro without a broker. Also read: Indian...
Bitcoin Cash Acceptance and Community Growth Ramp Up
23.9.2019
Bitcoin Cash (BCH) adoption continues this week as there’s been a slew of announcements associated with BCH acceptance and activism. For instance, a massive electronic billboard in the middle of Tokyo displayed a huge BCH symbol indicating that Japan’s largest luxury watch and jewelry...