Wednesday, August 5, 2020

US Tax Filing Service Says 0.04% Of Users Reported Crypto To IRS As Deadline...

As the last day to file your taxes in the US approaches, April 17, the Credit Karma Tax platform repeated to reporters that less...

Cryptocurrency Exchange Kraken to Shutter Services in Japan

San Fransisco-based cryptocurrency exchange Kraken has announced it is shutting its doors for investors in Japan. According to a statement released on Tuesday, the company said it...

Quebec’s Chief Scientist Denies Dismissing Crypto Concerns

Contrary to recent media reports, the Chief Scientist of Quebec has not downplayed concerns about the illicit use of cryptocurrencies, his office said. On Thursday,...

U.S. Court Rules Money Laundering-Related Case Against Coinbase Must Have Public Trial

A U.S. federal court has ruled that law firm Silver Miller’s money laundering-related class action lawsuit against crypto exchange and wallet Coinbase must be held in open court...

10% of Q1 Revenue: Cryptocurrency Mining Boosts AMD Profits

Advanced Micro Devices’ first-quarter earnings results were buoyed by cryptocurrency mining revenue, but the chipmaker warned the volatility is getting in the way. AMD in Q1 generated a...

A Rebranded CoinMarketCap Launches IOS App In Honor Of Its 5th Birthday

CoinMarketCap.com (CMC), the highly popular crypto price tracker, has released an IOS app today, April 30, in honor of its 5th birthday. CMC ranks number 175th in the world for...

Power Utility Heightens Security Due to Angry Crypto Mining Operators

The Chelan County Public Utility District (PUD) in Washington state is heightening its security over fears of angry Bitcoin mining operators who are being...

Bloomberg Partners Novogratz’s Galaxy Digital Capital To Release Crypto Benchmark Index

Bloomberg and Mike Novogratz’s crypto merchant bank Galaxy Digital Management have launched the Bloomberg Galaxy Crypto Index (BGCI) that will track ten cryptocurrencies from the...

Assassination Attempt Foiled: Greek Law Enforcement Thwart Plot to Kill Suspected Cryptocurrency Criminal, Alexander...

Law enforcement officials in Greece have reportedly prevented an assassination attempt on Alexander Vinnik. The Russian National, Vinnik was arrested while holidaying in Greece...

French Minister Urges France to Become Leader in Blockchain and Cryptocurrencies

The French Finance Minister Bruno Le Maire admits he was wrong regarding blockchain and cryptocurrencies. Recently, the powerful minister had a change of heart...

How Bitfinex Tax Requirement May Have Contributed to the Bitcoin Correction

On May 17, one of the world’s largest cryptocurrency and bitcoin exchange Bitfinex officially asked its users to submit tax IDs and social security numbers that...

Bloomberg: US DOJ Opens Criminal Investigation Into BTC, ETH Price Manipulation

A criminal probe into Bitcoin (BTC) price manipulation by crypto traders has been opened by the U.S. Department of Justice (DoJ), Bloomberg reports today, May 24. Bloomberg cites four...

How Lithuania Became a Hub of Cryptocurrency Innovation

On the southeastern shore of the Baltic Sea lies Lithuania, a country of some 2.8 million. Most most people would struggle to place it...

Disillusioned Token Investors Demand Real Talk About Risk

ICOs, I don't see results. That's the growing complaint among investors who are passionate about blockchain technology but frustrated with a lack of tangible progress...

SBI Launches Japan’s First Bank-Backed Crypto Exchange

Japanese financial giant SBI Holdings announced on Monday that its in-house cryptocurrency exchange is now live, after a months-long delay due to security concerns. Called...

Cryptocurrencies ‘Are Replacements for Sovereign Currencies,’ Says SEC Chairman

The SEC has revealed that it views cryptocurrencies like Bitcoin as “replacements for sovereign currencies,” and has definitively deemed them as falling outside the...

Buy the FUD: Mainstream Media Convinced Coinrail Hack Caused Crypto Price Plunge

Cryptocurrency users are venting frustration June 11 after mainstream media outlets reported the crypto market had fallen namely due to the hacking of a small South...

Kazakhstan’s Int’l Finance Center Supports Crypto Innovation, Calls Regulation ‘Crucial’

The governor of Kazakhstan’s main financial hub has stated that while cryptocurrencies must be regulated, crypto and blockchain innovation will be supported, local news outlet Kazinform reports today, June 14. Speaking...

Bitcoin Price To Reach $60,000 in 2018 — Cryptocurrency Expert Remains Resolute On January...

Cryptocurrency and initial coin offering (ICO) expert Phillip Nunn made a prediction in January that Bitcoin would reach lows of $6,000 and highs of...

Korean Ministry Launches Probe Into Causes of Bithumb Crypto Exchange Hack

The South Korean Ministry of Science and Technology (MIC) has launched an investigation into the theft of $30 mln from the world’s sixth largest crypto exchange Bithumb, Yonhap News reports Wednesday,...

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Fidelity Charitable Received Over $100M in Crypto Donations Since 2015

Fidelity Charitable Received Over $100M in Crypto Donations Since 2015

Independent public charity Fidelity Charitable has received $100 million in cryptocurrency donations, according to its recently published report. In its “2019 Giving Report,” Fidelity Charitable...
Blockchain CEOs Fed Up With South Korean Regulation Approach: Report

Blockchain CEOs Fed Up With South Korean Regulation Approach: Report

South Korean Blockchain projects are ditching the domestic market due to regulatory headaches, mainstream media report. South Korean Blockchain Projects...
SEC Continues to Stall on BTC ETFs, All in Wait for Breakthrough

SEC Continues to Stall on BTC ETFs, All in Wait for Breakthrough

The long and uncertain road toward crypto exchange-traded funds (ETFs) being approved by the United States Securities and Exchange...
Bank of America Seeks to Patent Crypto Wallet That Works Like Valet Car Key

Bank of America Seeks to Patent Crypto Wallet That Works Like Valet Car Key

Bank of America is seeking to patent a “partitioned” security system for digital currency wallets that gives different users...
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Coinbase Admits Putting 3,500 Traders’ Crypto Funds at Risk

A bug could have lost the users of Coinbase a lot of money, confesses the exchange itself in its...