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Russia’s Largest Bank Confirms It Will Not Develop Crypto-Related Services
7.6.2019
The CEO of Russia’s largest bank, Sberbank, officially confirmed that bank will not develop any crypto-related services
Thailand’s Largest Commercial Bank Retracts Tweet Indicating Plans to Use Ripple’s XRP
7.6.2019
Siam Commercial Bank, Thailand’s largest commercial bank, has denied it plans to start using Ripple’s XRP token, contrary to earlier indications
Budweiser Owner Invests in Blockchain Startup Working to Alleviate Poverty
7.6.2019
Budweiser's parent company, Anheuser-Busch InBev, is doubling down on its interest in using blockchain tech to assist unbanked workers
Facebook Sources Say That Stablecoin White Paper Will Come on June 18
7.6.2019
Sources have said that Facebook’s crypto white paper will be released on June 18
McKinsey Finds Three Blockchain Use Cases in Retail Banking
7.6.2019
While it’s understandable to be wary of new and untested territories, “there are a number of areas where [blockchain] could create value for retail banks,” according to major consulting firm McKinsey and Company.
In the June 2019 article they claim that while retail banks have been quick to adopt...
Bitcoin Reclaims $8K as Coins See Green, Experts Warn of Ominous Stock Market Volatility
7.6.2019
The crypto markets are today back firmly in the green, with bitcoin (BTC) breaking back above the $8,000 mark
Top Up Your Airtime Minutes With BCH Using Yovopay
7.6.2019
Mobile communications are becoming more accessible every day. While subscription plans are the way to go in most cases, a prepaid service can be a better choice for customers in certain situations. A platform called Yovopay lets you refill your airtime using cryptocurrencies including bitcoin cash....
Australia to Crack Down on Crypto Tax Avoidance Schemes
7.6.2019
The Australian Taxation Office is hunting down major tax avoidance schemes using cryptocurrencies, according to a report
Mt. Gox’s Karpeles: Press Rumors About My Blockchain Plans Are False
7.6.2019
Mark Karpeles, the CEO of defunct crypto exchange Mt. Gox, has told Cointelegraph that media reports have misrepresented his return to blockchain
Major Consultancy Firm McKinsey Says Retail Banking Sector Slow to Adopt Blockchain
7.6.2019
Consultancy firm McKinsey has argued that blockchain is gaining slower traction with retail banks due to regulatory hurdles and a conservative consumer environment
A Japanese-Brazilian Investor's Baffling Ukrainian Crypto Dream
7.6.2019
Kaze Fuziyama (on the right). Kaze Fuziyama, a Brazilian cryptocurrency enthusiast of Japanese descent, has turned what was once planned as a USD 100 million Ethereum mining farm fitted with 17,000 video cards into a cloud video rendering center.
Media outlet Liga reports that the farm is located...
Bitcoin Price Eyes Stronger Recovery Rally After Bounce to $8K
7.6.2019
Bitcoin has recovered to $8,000 after defending key support for two consecutive days and may remain well bid over the weekend.
Poloniex Faces Backlash and Possible Lawsuits After the CLAM Failure
7.6.2019
The U.S.-based cryptocurrency exchange Poloniex faces a backlash from the community that is unsatisfied with their risk management, and they might even face lawsuits in the U.S.
As the exchange, owned by major crypto company Circle, explains in yesterday’s blog post, altcoin CLAM went through...
Crypto Developer Komodo ‘Hacks’ Wallet Users to Foil $13 Million Hack
7.6.2019
Cryptocurrency wallet developer Komodo has effectively hacked its own customers to protect their funds from an external attack
Bitcoin and Altcoins Staging a Comeback
7.6.2019
Recently, there was a decent recovery in bitcoin price above USD 7,700 and USD 7,800 levels. BTC/USD is currently showing a few positive signs above USD 7,850 and it could continue to rise in the near term. A successful close above USD 8,000 is likely to ignite more gains towards USD 8,100 and...
Report Insists ‘Bitcoin Was Not Purpose-Built to First Be a Store of Value’
7.6.2019
There’s been furious debate over the last few years on whether or not Satoshi created Bitcoin to be a peer-to-peer cash system or a purpose-built store of value. Lately, a few BTC proponents claim that Satoshi deliberately built Bitcoin to be a store of value (SoV). Despite the SoV narrative...
What to Expect When the IRS Alters Its Bitcoin Tax Policy
7.6.2019
Coming guidance from the IRS is expected to clarify longstanding crypto tax questions. Here's what to look for
Kodak Launches a Blockchain-Enabled Document Management System
7.6.2019
The 130-year old company is offering blockchain-based document management
Blockstream Developers Alleged to Earn $850K Per Year
7.6.2019
There are perks to working for Blockstream, aside from having to answer to Samson Mow. Developers for the Bitcoin Core software company are alleged to earn up to $850K per year thanks to a “stock option” that sees them paid 20% of their salary in BTC. That BTC is pegged at the price...
Over 100 Staff Now Reportedly Working On Facebook’s Crypto Project
7.6.2019
CNBC reveals details on executives for Facebook’s crypto project, says 100 roles in the area have already been filled