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US Government Auctioning off Bitcoins Worth $37 Million in 2 Weeks
4.2.2020
The U.S. government has opened registration for the bidding of over 4,040 bitcoins, currently worth more than $37 million, which will be auctioned off on Feb. 18. The winning bidder will be notified on the same day. These bitcoins were forfeited in various federal criminal, civil and administrative...
Bitcoin.Com Releases Fastest Ever Wallet App, With Built-In Support for Bitcoin Cash-Powered Tokens
4.2.2020
Bitcoin.com has developed its fastest ever wallet app with an improved design and a new focus on user experience. The Bitcoin.com Wallet also now offers full support for SLP tokens, opening a whole new universe of digital assets for millions of users around the globe. Also Read: Bitcoin.com Wallet...
Government Think Tank Niti Aayog Identifies Key Blockchain Use Cases for India
4.2.2020
The policy think tank for the government of India, Niti Aayog, has published a strategy document identifying a number of key areas blockchain technology can significantly benefit the country. “By empowering citizens through features of transparency, decentralization and accountability...
Crypto.com Sheds Withdrawal Fees on 12 Digital Currencies
4.2.2020
Crypto.com, the popular cryptocurrency exchange, has made an official announcement concerning a change in the withdrawal fee charges. According to the news, the exchange platform has lowered down the withdrawal fees on twelve major cryptocurrencies, including BTC, ETH, LTC, MCO, etc. The news...
How To Buy Bitcoin and Other Cryptocurrencies Using Paypal
4.2.2020
These days there are myriad ways people can purchase cryptocurrencies, and the payment platform Paypal is a popular choice. Multiple crypto brokerage services and exchanges allow people to buy digital currencies with the payment option. The following post is a simple guide and list of exchanges...
When Will We See the Digital Dollar? ‘CryptoDad’ Says Soon
4.2.2020
Former CFTC Chris Giancarlo sees the current set of financial systems - the older systems associated with the pre-digital age - as almost hopelessly obsolete
Tech Like Blockchain Will Transform Chinese Economy, Bank Chair Says
3.2.2020
The next decade will see a digital transformation in China with blockchain adoption, according to Minsheng Bank’s chairman
Coronavirus Outbreak Forces Chinese Crypto ASIC Manufacturers to Delay Orders
3.2.2020
Bitcoin mining rig deliveries from China are delayed due to the coronavirus according to a few Chinese manufacturers. Microbt and Ebang sent notices to customers via the firm’s Wechat channels. Sources say Bitmain and Innosilicon are delaying mining device shipments as well. Also read: How...
Prof. Michael Sung Talks About the Rise of the Digital Yuan
3.2.2020
The story of the digital Yuan is more complex than we knew and Professor Michael Sung explains why
Line’s Digital Currency Link to Be Available in Japan as Early as April 2020
3.2.2020
Launched in October 2018, Asian messaging giant Line’s Bitbox crypto exchange has made its link (LN) digital asset available to users worldwide, with the exception of notable locations like Japan and the U.S. Last Thursday the group announced it was preparing to launch the coin in...
Cambodia Announces Own Cryptocurrency as More Details Surface About China’s Digital Yuan
3.2.2020
With China still in the lead, other countries are advancing their projects to develop payment systems around central bank digital currencies (CBDCs). Cambodia, for example, has recently revealed it will mint its own coin within months. The news comes as more details about the digital Chinese yuan...
41 German Banks Now Charge Negative Interest Rates
2.2.2020
The number of German banks charging negative interest rates has been rising rapidly. At least 41 banks now charge negative interest rates on deposits. According to reports, seven of them are imposing negative interest rates even for small deposit amounts. Also read: Survey: 58% of German Banks...
IRS Explains What Crypto Owners Must Know to File Taxes This Year
2.2.2020
Kicking off this year’s tax filing season, the U.S. Internal Revenue Service (IRS) has published important tips for crypto owners to properly file their tax returns. This is the first time a cryptocurrency question has been included in the tax form. The IRS expects more than 150 million...
FinLab Accelerates the Digital Transformation of the Businesses
2.2.2020
FinLab is a four-month digital transformation program that was set up by the United Overseas Bank (Malaysia) in collaboration with SGInnovate in the year 2015. It was set up to promote innovation of financial technology (FinTech) in companies and accelerate the digital transformation of...
US Presidential Candidate Andrew Yang Says Regulations Cannot Impede Crypto, Affirms Priorities
1.2.2020
Andrew Yang, who is running for U.S. president in the 2020 election, has explained what his priorities will be regarding cryptocurrency under his administration. He said that crypto investors are finding a way to make use of their investments and regulations cannot impede it. Yang advocates for...
Google Executive From India Joins Coinbase as Chief Product Officer
31.1.2020
A Google executive from India has joined Coinbase as the new chief product officer after 11 years at Google. He aims to help Coinbase make cryptocurrency mainstream. “I am excited about what crypto and blockchain technology can do to democratize our financial systems,” the executive...
US Bank Silvergate Sees Growth in Crypto Clients, Despite Decreasing Deposits From the Sector
31.1.2020
Financial results released by two U.S. banks providing services to the crypto industry have indicated a decline in deposits from digital currency customers. However, a positive trend has been observed as well. One of the crypto-friendly institutions, Silvergate Bank, has seen an increasing number...
Zcash Community Votes to Distribute 20% of Mining Rewards to Infrastructure Development
31.1.2020
The Electric Coin Company, a group that supports the development of Zcash (ZEC), announced the community has voted to distribute 20% of the ZEC network’s mining rewards to infrastructure and marketing development. The ZEC development funding proposal was initiated because the coin’s...
The National Bank of Cambodia Will Launch a Digital Payments Network This Quarter
31.1.2020
Leading the way for a practical CBDC is — Cambodia
Cambodia Readies a Blockchain-Based Digital Currency
30.1.2020
Cambodia's central bank digital currency platform has the support of 11 national banks and will be used initially for domestic payments once launched at some point during the first fiscal quarter of this year