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India’s Supreme Court Lifts Banking Ban on Crypto Exchanges
4.3.2020
The Supreme Court of India has ruled against a decision imposed by the country’s central bank nearly two years ago that curbed crypto trading in Asia’s third-largest economy. According to a report from Bloomberg, a three-judge bench of the court ruled on Wednesday in favor of petitions...
Bitcoin’s Computing Power Is Growing Again After Coronavirus-Related Disruption
4.3.2020
The bitcoin network’s processing power is growing again as major Chinese miner manufacturers resume shipments following coronavirus-related delays
New Wallet From Stablecoin Issuer STASIS Syncs With Financial Institutions
3.3.2020
STASIS said Tuesday its new wallet would offer regulated financial institutions a new gateway into cryptocurrencies
NBA Player Spencer Dinwiddie Taps Broker-Dealer in Push to Tokenize Sports Contracts
3.3.2020
The move follows a three month tussle with the NBA who initially claimed it represented a league violation
Stellar-Based IoT App Joins Tokenized Connectivity Race
3.3.2020
An app that allows users to earn a Stellar-based token by providing last-mile access for internet-of-things (IoT) devices is now live on Apple’s App Store
There Are Now Over 7,000 Cryptocurrency ATMs Worldwide
3.3.2020
The world now has over 7,000 cryptocurrency ATM machines, spanning 75 countries
Stock and Crypto Trading App Robinhood Fixes Day-Long System Outage
3.3.2020
Some disgruntled traders want to file a class action suit against Robinhood for purported trading losses during a day-long system outage
Uphold Teams Up With TaxBit to More Accurately Report Users’ Crypto Trades
3.3.2020
Uphold is launching a real-time tax liability dashboard with the help of TaxBit, allowing users to more easily understand and file their taxes
IBM’s Public Cloud Is Secure Enough for Crypto Custodians
3.3.2020
Announced Tuesday, the latest offering from Onchain Custodian is hosted entirely on Big Blue’s banking-grade public cloud
India’s Appetite for Crypto Derivatives Is Growing, Exchanges Say
3.3.2020
India is developing an appetite for crypto derivatives, even as the country's Supreme Court continues to deliberate over the future of the exchange industry
Binance Reverses Vote in Apparent Steem Takeover, Steemit Comms Head Resigns
3.3.2020
An apparent takeover of the Steem blockchain drew widespread criticism from the crypto community, and prompted the resignation of Steemit’s head of communications
Coinbase and Messari Employees Working Remotely due to Coronavirus
3.3.2020
With COVID-19 continuing to spread across the globe, those in the cryptocurrency industry are taking action
Bitcoin Is Financial Instrument, Clarifies Germany, Crypto Custodians Qualify as Financial Institutions
3.3.2020
The Federal Financial Supervisory Authority of Germany, Bafin, has issued guidance to clarify the status of cryptocurrencies and the regulations that apply to related business activities. The recommendations are based on the country’s current legislation, taking into account the latest...
This Major Turkish Bank Is The Latest Binance Partner for Fiat-to-Crypto Transfers
2.3.2020
Binance CEO CZ: “We abide by the local laws and regulations and are committed to providing secure services to our users”
Institutional Custody Is Key as KPMG Estimates $9.8 Billion in Crypto Stolen Since 2017
2.3.2020
More than $9.8 billion in crypto was stolen since 2017, according to KPMG
Lloyd’s New Insurance Offering Covers Crypto Held in Hot Wallets
2.3.2020
A new type of liability insurance from Lloyd’s’s of London will protect against the theft of cryptocurrency held in hot wallets
Lloyd’s Backs New Crypto Hot Wallet Insurance Scheme From Coincover
2.3.2020
The UK insurance giant is underwriting a new policy protecting against theft of cryptocurrency held in online hot wallets
MoneyGram Declared $11.3 Million Ripple Cash Injection as Revenue
2.3.2020
MoneyGram previously declared $11.3 million in “Ripple market development fees” as revenue
Darknet Markets Flourish as White House and Empire Toast Milestone Achievements
2.3.2020
Business is booming on the darknet. Despite ongoing DDoS attacks, Empire Market has now passed 1 million users and two years’ trading. White House Market is also going strong, boasting almost 100% uptime in its first six months and over 60,00 users. In related news, the darknet has gained...
Why Enterprise Blockchains Fail: No Economic Incentives
2.3.2020
In developing blockchain projects, companies often lack an understanding of the economics of networks, and the path to creating long-term monetization