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Margin Lenders Lost $13.5 Million in May to Poloniex Crypto Crash
6.6.2019
Margin lenders on Poloniex got hit with a 1,800 BTC ($13.5 million) loss on May 26th as a flash crash has made it unlikely borrowers will be able to repay the debt
US Congressman Seeks Tax Clarity for Cryptocurrencies
6.6.2019
A U.S. congressman proposed tax breaks for cryptocurrencies, arguing that current IRS codes are unreasonably demanding and deterrents to blockchain businesses
More Details Emerge on Team Behind Facebook’s Secretive Blockchain
6.6.2019
News outlets are beginning to identify key staffers behind Facebook's "GlobalCoin" project
Research: Reddit Crypto-Related Discussion Volume Strongly Correlated to Price
6.6.2019
A study on cryptocurrency discussions on Reddit has been published by the University of Notre Dame and the Pacific Northwest National Laboratory
S.L. Benfica Is The First Major European Football Club To Accept Cryptocurrency
6.6.2019
S.L. Benfica fans can now lay down bitcoin and ether to pick up a team jersey
MIT Professor Claims Blockchain Technology Is Not as Secure as Claimed
6.6.2019
MIT Prof. Stuart Madnick states that blockchain tech is not as secure as many purport it be
Binance Confirms Stablecoin Offering Coming Soon: Report
6.6.2019
Binance, the top crypto exchange by adjusted trading volume, has told Bloomberg it will issue its own stablecoins, likely within weeks
In a World Where Central Planners Push Debt, Cryptocurrencies Look Better Every Day
6.6.2019
Economists have been predicting a worldwide recession which could pose a risk to financial stability throughout various countries. Fear of an economic downturn has caused the central bank of Australia to cut interests rates on Tuesday and both the U.S. Federal Reserve and the Reserve Bank of India...
Major Coins See Red Following Reports That FOMO Fueled May’s Rally
6.6.2019
Crypto markets see red following reports that May’s rally was fueled by fear of missing out
Congressman Budd Defends Blockchain in Testimony to House Ways and Means Committee
6.6.2019
"The bottom line is this is a national security issue and of utmost importance that we continue to develop this technology in the United States," said Congressman Budd
SEC Chairman: Other Market Protections Needed Before Bitcoin ETF Approval
6.6.2019
Custody and market manipulation need to be dealt with before a cryptocurrency ETF can be approved, said SEC Chairman Jay Clayton
IBM and World’s Leading Nickel Smelter Form Blockchain Education Center
6.6.2019
Moscow-based global leading palladium producer Nornickel signed a partnership with IBM to launch an educational center in blockchain and IoT
Egypt Lays Out Path for a Crypto Future With Draft Law
6.6.2019
First crypto law in Egypt is anticipated this year, but what made the country call off the ban and welcome the new technology?
Bitcoin and Gold Prices Diverge Again, Extending 5-Month Correlation
6.6.2019
Bitcoin has shed $1,400 over the last seven days, contradicting gold's 5.4 percent price rise to the highest since February
Bitcoin Miners 'Highly' Profitable Again, China Still Dominates
6.6.2019
At current prices, the average miner is highly profitable again, with even older gear and high-cost producers currently able to make profit, crypto investment firm CoinShares concluded in its newest report on Bitcoin mining. It also claims that China still dominates both the mining hardware...
Why Bitpay Is Really Charging More for BTC Transactions
6.6.2019
Bitpay has recently been attacked on social media for charging an extra fee for BTC transactions that it doesn’t ask of BCH users. The reality is that the company simply has to cover its operational costs related to the BTC network, whose fees are currently very high again. Also Read: How...
EOS Startup Block.One Is Using Its Billions to Buy Back More Equity
6.6.2019
Block.one is buying back more equity from early investors. Some – but not the most famous ones – made 6,500 percent on the last buyback
Crypto Market Outlook Downgraded to ‘Uncertain’ in New SFOX Volatility Report
6.6.2019
The current outlook for the crypto market has been downgraded from mildly bullish to uncertain in a new volatility report
This USD 100M Fund Goes Long on Ether, Plans Bitcoin, Filecoin Funds
6.6.2019
Darma Capital, a USD 100 million investment firm, is already looking for investors that believe that Ether, the native token of the Ethereum platform, is poised for a 10-year bull run, Bloomberg reported, citing Andrew Keys, a managing member in Darma.
The firm also aims to create similar funds...
Cumberland Global Head Jason Leung Latest to Leave Crypto Trading Firm
6.6.2019
Jason Leung, global head of DRW's cryptocurrency OTC shop Cumberland, has left the firm – joining two other high-level recent departures