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Standard Chartered Picks Ant, not Ripple, for New Remittance Service
10.9.2020
Source: Adobe/Игорь Головнёв
British bank Standard Chartered has teamed up with mobile financial service firm bKash and Malaysian digital remittance provider Valyou to launch the first blockchain-based cross-border remittance service in Bangladesh – choosing Chinese giant Ant Group as its tech...
Targeted by IRS? What Cryptocurrency Owners Should Know
9.9.2020
The U.S. Internal Revenue Service (IRS) has started sending out new letters to cryptocurrency owners suspected of owing crypto-related taxes. A tax expert has shared with news.Bitcoin.com what crypto owners should know, including how to handle tax letters from the IRS and avoid an audit. How...
Bangladesh to get its first blockchain remittance service
9.9.2020
Standard Chartered Bank has launched the first remittance service in Bangladesh
CEX.IO to Offer Instant Cryptocurrency-Backed Lending Service in 217 Countries and Territories
9.9.2020
LONDON, the United Kingdom – CEX.IO, one of the largest international exchanges in the cryptocurrency market, is set to launch a digital asset-backed lending service in September. Available in 217 countries and territories – including Australia, the United Kingdom, the European Union...
Venezuela Blocks Access to Coinbase and Remittance Service MercaDolar
9.9.2020
Venezuela has blocked access to Coinbase and MercaDolar, cryptocurrency and fiat remittance platforms respectively, alongside two VPN providers
Yearn Finance Vault Users Lock $139M: Farmers Claim Collateralized ETH Gathers 90% APY
4.9.2020
On September 3, 2020, the well known Yearn Finance defi project “paused” the popular ethereum liquidity vault (yETH) service, after locking in a significant $139 million. Yearn’s vault feature launched on Wednesday, and saw $100 million deposited on the first day. The vault hype...
Digital Bank Revolut Expands Crypto Buying and Selling Service to Australia
3.9.2020
The U.K.-based fintech firm has opened up its cryptocurrency services to Australian residents for the first time
Russia Blocks Cryptocurrency Websites Ahead of Regulation
30.8.2020
Russian authorities have blocked a number of websites related to cryptocurrency ahead of the country’s crypto regulation taking effect. A popular exchange aggregator website has already been blocked twice and has now received a third notice. Russia Determined to Block Crypto Sites...
Ripple Sued by 13 Australian Banks for Trademark Infringement
29.8.2020
Ripple Labs Inc. is being sued in an Australian court for allegedly infringing a trademark belonging to several local banks. A lawsuit filed by the New Payments Platform Australia (NPPA), a joint venture between the Reserve Bank of Australia and 13 domestic banks, claims that Ripple copied...
Korean Police Seize Crypto Exchange Coinbit Over Allegations of $84 Million in Wash Trades
27.8.2020
Police in South Korea on Wednesday raided and seized the offices of Coinbit, the country’s third largest crypto exchange, over allegations it faked 99% of its trading volume. According to a report from Seoul News, local police took control of Coinbit’s headquarters in Gangnam as well...
A Bit on CI/CD
27.8.2020
I’d say “website” fits better than “mobile app” but I like this framing from Max Lynch:
Every production mobile app ultimately has a set of recurring tasks around integration, testing, deployment, and long term maintenance. These tasks often must be automated across...
IRS Sends Fresh Round of Tax Warning Letters to Cryptocurrency Owners
26.8.2020
The U.S. Internal Revenue Service (IRS) has begun sending new warning letters to cryptocurrency owners. This followed the tax agency prioritizing cryptocurrency on its tax forms. “The IRS is getting very serious about cryptocurrency tax compliance,” a tax expert told news.Bitcoin.com....
P2P Cryptocurrency Exchanges in Africa Pivot: Nigeria and Kenya the Target Markets
25.8.2020
Leading cryptocurrency exchanges are bullish about Africa’s growth prospects as evidenced by their ongoing forays into the continent. During the month of August, Kucoin crypto exchange announced the addition of Nigeria’s naira currency as a payment option on its peer-to-peer platform....
Hacker Stole 1,000 Traders’ Personal Data From Crypto Tax Reporting Service
24.8.2020
A hacker made off with user data and financial information on more than 1,000 account holders with CryptoTrader.Tax, a crypto tax filing website
Bitmex Restricts Ontario Residents as Mandated by Canadian Regulator
24.8.2020
Cryptocurrency derivatives exchange Bitmex will be restricting access to users from Ontario, Canada, starting the beginning of next month. The company says the restrictions are mandated by the Ontario Securities Commission (OSC). Bitmex Stops Servicing Users in Ontario Bitmex, a cryptocurrency...
China’s Blockchain Service Network to launch stablecoin support in 2021
24.8.2020
China’s national blockchain project BSN could be the best fit for the digital yuan
IRS Prioritizes Cryptocurrency, Now First Question on 1040 Tax Form
22.8.2020
The new U.S. tax form is out and the cryptocurrency question is the first one on the main 1040 tax form used by about 150 million people to file their taxes. The Internal Revenue Service (IRS) requires all tax filers to declare whether they have received, sold, exchanged, or acquired...
John McAfee Ditches Ghost Crypto Project: He Says It Will Fail
21.8.2020
Two-time U.S. presidential candidate John McAfee has announced that he is leaving the ghost cryptocurrency project, claiming that it will fail “without a doubt” and his reputation has been damaged. His Ghost phone service, however, will be launched as planned, he emphasized, adding that...
US Postal Service Bets on Ethereum Blockchain in Patented Voting System
18.8.2020
As the U.S. is gearing towards the November 3 presidential election, it seems that the U.S. Postal Service (USPS) might be preparing to integrate blockchain within its operations to provide a reliable mail-in voting system to voters across the country. Last week, the service filed a patent...
Amid US Postal Service ‘Crisis’ USPS Files Patent for Blockchain Mail-in Voting Scheme
18.8.2020
The United States Postal Service (USPS) is falling apart at the seams and many Americans are blaming the Trump administration. The USPS may have to deal with the U.S. election ballot process, as mail-in votes may be the dominant practice thanks to the coronavirus. Amid the American public’s...