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Despite Industry Pushback, G20 May Impose Stricter KYC Policy on Exchanges
It looks as if cryptocurrency service providers will have to adopt stricter know-your-customer (KYC) policies all across the world — and not everyone is happy about that. дальше »
2019-5-13 21:33 | |
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Op Ed: Understanding the Latest FinCEN Guidance for Cryptocurrencies
On May 9, 2019, the Financial Crimes Enforcement Network (FinCEN), issued new “interpretive guidance” about how its regulations apply to businesses that conduct money transmissions in virtual currencies. дальше »
2019-5-11 21:34 | |
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Control as Liability
The regulatory and legal environment around internet-based services and applications has changed considerably over the last decade. When large-scale social networking platforms first became popular in the 2000s, the general attitude toward mass data collection was essentially “why not?”. дальше »
2019-5-11 04:03 | |
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Ransomware Crooks Cashed Out $16 Million from Defunct Bitcoin Exchange: Google Research
By CCN: In the two years leading up to 2018, a spate of ransomware attacks were analyzed in a report by a team of researchers hailing mostly from leading U. S. universities and Google. Results showed a conservative estimate of total funds stolen to be $16 million, with bitcoin providing a way for malicious actors to take payment from anywhere in the world. дальше »
2019-5-9 11:50 | |
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Cent, an Ethereum-based Blockchain Blogging Platform, Now Let’s Users Send ETH via Chat
Cent launches payment processing service for cryptocurrency payments. CTO expresses interest in expanding to other sources of content, like video blogging. Cent is a platform that consumers can use for blogging, but it looks like the company is taking a page out of WeChat’s book, creating an opportunity to use the chat function in payment […] дальше »
2019-5-9 00:27 | |
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Bitfinex, Attorney General Legal Sparring Continues With New Court Filings
Bitfinex and the New York Attorney General’s (NYAG) legal sparring in relation to $850 million in missing funds escalated with another round of court filings this past weekend. дальше »
2019-5-7 01:42 | |
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New York Police Warn Citizens of Cryptocurrency Phone Scams
In New York, Bitcoin scammers are impersonating Social Security Administrators. A report by The Next Web reveals the New York Police Department (NYPD) sent out a warning to the public, alerting them to fraudsters who call and ask for payment in bank wire transfers, bitcoin (BTC), and prepaid gift cards. дальше »
2019-5-3 20:00 | |
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Fintech-Related Lobbying Attracted $42 Million in Q1 2019
In a bid to carry out their agendas, crypto firms have turned to lobbying. Citing statistics from the Federal Electoral Commission (FEC), news platform Roll Call reported that fintech firms spent $42 million as lobbying expenses in Q1 in 2019 alone. дальше »
2019-5-3 18:27 | |
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“Holders Are Not at Risk”: Bitfinex Lawyer Responds to NY Attorney General
Bitfinex and Tether’s legal counsel has written a response to the New York Attorney General’s (NYAG) ex parte order, which claims that Bitifinex used Tether’s reserves to cover some $850 million in losses. дальше »
2019-5-1 01:22 | |
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Built Over Brave, Gab’s Browser Plans to Use Bitcoin Instead of BAT
Gab is using Brave’s open source code to build its browser, Dissenter, and plans to integrate Bitcoin’s Lightning Network and replace BAT tokens, reported Decrypt Media, April 25, 2019. Brave CEO Not Impressed by Dissenter The free-speech social media platform Gab has been blocked out from almost all payment processors and web host providers onRead MoreRead More. дальше »
2019-4-30 10:35 | |
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Report: Australians Lost Over $4 Million to Crypto Scams in 2018
The latest edition of “Targeting scams,” an annual report released by the Australian Competition and Consumer Commission (ACCC) revealed that the country saw a 190 percent increase in cryptocurrency scams, with a total of $6. дальше »
2019-4-30 20:07 | |
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Bitfinex Faces Legal Action From NY Attorney General: Here’s What This Means
The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million. дальше »
2019-4-27 01:30 | |
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Lil Pump now accepts Bitcoin on his merch store (but will he dump it?)
In a move that’s sure to make some Bitcoin hodlers happy, Columbian-American rapper, Lil Pump, is now accepting the cryptocurrency as a payment method on his online merch store. He’s a millionaire that doesn’t know how to read, but it hasn’t stopped him from offering customers the opportunity to pay either “on chain,” or “off chain” through the Lightning Network. дальше »
2019-4-25 12:07 | |
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Ripple’s Q1 sales account for 0.32 percent of XRP’s global volume, reveals report
Ripple, a leading U. S based Fintech company providing payment settlement solutions, released its Q1 report for the year 2019. The report provides insight into the amount of XRP taken out from the escrow account, the firm’s financial progress, and an overall update on the XRP market. дальше »
2019-4-25 08:30 | |
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Report: North Korea May Exploit Southeast Asia’s Crypto Exchanges
North Korea could pose a threat to countries across Southeast Asia as it looks to exploit cryptocurrency exchanges due to gaps in regulatory frameworks, according to a new report. дальше »
2019-4-25 17:04 | |
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Out of Testnet and Into Alpha: Lightning Labs’ Desktop Application Is Live
Lightning Labs just released an alpha version of its Lightning Network wallet. The desktop application is now compatible with Bitcoin’s mainnet and it leverages Neutrino (the protocol, not the analytics company acquired by Coinbase) to give users a lightweight option to “control their own funds,” as opposed to running a full node or trusting a third party to play custodian. дальше »
2019-4-24 01:38 | |
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Adamant Capital: BTC Price Bottom Is Likely In, Accumulation Phase Has Begun
Bitcoin fund Adamant Capital is convinced that the bottom of the bear market is in, and true to its name, the firm has laid out an unwavering case for this position with some persuasive hard data and fundamental analysis. дальше »
2019-4-20 22:59 | |
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Five Years in the Making, Bisq Exchange Launches Its Bitcoin DAO
Decentralized autonomous organizations (DAOs) are one of crypto's more novel and ambitious applications — one that Bitcoin, until recently, has had nothing to do with. дальше »
2019-4-19 18:33 | |
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Edge Non-Custodial Cryptocurrency Wallet and Exchange Partners with Simplex Payment Processor
Edge cryptocurrency wallet, formerly Airbitz, announced its partnership with Simplex payment processor to provide a direct channel to sell cryptocurrency to your Visa or MasterCard credit card. The beta of the “cash out” functionality is released only on iOS only at the moment with the Android version still in development. As cryptocurrency adoption rate gains […] дальше »
2019-4-10 18:44 | |
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Tokenpay Wants to Lure More Women to Crypto, with Heidi Klum’s Lingerie
As empty as the phrase may be, most people agree that we need more women in blockchain. “You can’t have a revolution and leave out half of the population,” insists Celsius Network’s Alex Mashinsky, also the inventor of VOIP. дальше »
2019-4-10 16:54 | |
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Western Union Partners With Crypto Wallet for Cross-Border Transfers
Crypto wallet provider Coins. ph has partnered with U. S. financial service company Western Union to enhance cross-border transfers to the Philippines. The partnership will grant over 5 million Coins. дальше »
2019-4-10 00:19 | |
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Edge and Simplex partner to enable selling crypto to credit cards
CryptoNinjas Edge, a non-custodial crypto wallet app, today announced a partnership with Simplex, a payment processing provider for the crypto ecosystem. The two firms will roll out the beta release of the Simplex crypto cash out feature. дальше »
2019-4-9 16:25 | |
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DoshEx rolls out Pundi X blockchain payment tech to enable crypto adoption in South Africa
CryptoNinjas DoshEx, a South African crypto asset exchange, and global blockchain-based payment provider Pundi X, today announced a strategic partnership to bring cryptocurrency to high street retailers and local consumers. дальше »
2019-4-9 00:29 | |
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Sparkswap, World’s First Lightning Atomic Swap Exchange, Now in Beta
Bitcoin’s first decentralized exchange to make use of the Lightning Network’s Atomic Swaps is now in beta. Sparkswap, an exchange with backing from Pantera Capital (which announced its ambitious mission to become the most decentralized bitcoin exchange on the market in August 2018), has now opened its beta to users. дальше »
2019-4-9 23:28 | |
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The Global Bitcoin Lightning Torch Payment Experiment Is Burning Out Soon #LNTrustChain
The lightning torch of Bitcoin will burn out soon, ending a worldwide payment experiment with hundreds of tech giants in participation like Jack Dorsey the CEO of Twitter, and users from different parts of the world in countries that are restricted by economic sanctions. дальше »
2019-4-6 17:14 | |
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Bitcoin at $5,000: What Has Changed Since 2017
This article was originally published by 8btc and written by Olusegun Ogundeji. Bitcoin has crossed the $5,000 price range again (after its first reach to that level in 2017) following a sudden breakout on April 2, 2019. дальше »
2019-4-4 18:42 | |
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Why Crypto Adoption will Take Time: the Case of Blockchain Wallet Stellar Airdrop
Cryptocurrency is seemingly becoming more popular by the day and there are scientific indicators to support this. So far, more merchants have opted for cryptocurrency as a means of settling payment and Ripple has stood out in this area. дальше »
2019-4-3 18:39 | |
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Pakistan Introduces Crypto Regulation
The Pakistani government will now regulate local cryptocurrency firms under new legislation. Local news outlet The Express Tribune reported that the government of Pakistan will introduce Electronic Money Institutions (EMI) regulations based on the recommendations of the Financial Action Task Force (FATF). дальше »
2019-4-2 01:33 | |
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Bitcoin Dev Demos the First Lightning-Enabled Bitcoin ATM
At the Bitcoin Association of Hong Kong’s Lightning Hack Day on March 31, 2019, Bitcoin developer Felix Weis presented a successful demonstration of his Lightning-enabled plugin for a Bitcoin ATM. дальше »
2019-4-2 22:02 | |
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Crypto Enthusiast: XRP Will Overtake Bitcoin For #1 Crypto By Q3 Of 2021 And Hit $109 By 2022
Ripple and XRP keep pushing forward in the March for adoption. Startups are currently building the infrastructure that will allow XRP to become a prevalent payment method in the near future. XRPL Labs, for example, is about to roll out a payment app that they think will hit the mainstream sooner rather than later. дальше »
2019-4-1 09:46 | |
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Op Ed: Answering 10 Common Questions About Cryptocurrency and Taxes
Depending on what country you live in, your cryptocurrency will be subject to different tax rules. The questions below address implications within the United States, specifically, but similar issues arise around the world. дальше »
2019-3-29 18:20 | |
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Bitcoin Merchant Adoption Stagnates, But Switzerland is Reviving Payment Narrative
In 2017, the store of value narrative surrounding Bitcoin and its astronomical rise to $20,000 solidified the “hodl” meme in retail investors, causing them to spend their crypto less often in fear of missing out on incredible gains. дальше »
2019-3-29 03:01 | |
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New Bitzlato Crypto Exchange Enables Peer to Peer Trading Integration within Telegram
Bitzlato is a newly launched cryptocurrency exchange platform out of Russia that enables users to have peer-to-peer crypto exchange with many other fiat payment methods. It allows trading with six different cryptocurrencies and also comes with a web version and a crypto-trading Telegram bot. дальше »
2019-3-24 01:48 | |
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Lightning Loop Lets Users Empty Lightning Channels Without Closing Them
Lightning Labs, the development team working to grow the Lightning Network, just released the alpha version of a new protocol called Lightning Loop. Lightning Loop is designed to give users the ability to deposit and withdraw bitcoin from their payment channels (the two-way payment gateways that allow users to send and receive funds to and from each other) without closing these channels entirely. дальше »
2019-3-22 20:32 | |
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Texas Bill Proposal: ” Before Accepting Payment by a Digital Currency, a Person Must Verify the Identity of the Person Sending Payment”
In the US state of Texas, a new proposed bill sets out to require identity verification to use cryptocurrencies. The… The post Texas Bill Proposal: ” Before Accepting Payment by a Digital Currency, a Person Must Verify the Identity of the Person Sending Payment” appeared first on Invest In Blockchain. дальше »
2019-3-16 12:32 | |
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Samsung Galaxy S10 Wallet Supports Ether, CryptoKitties — But Not Bitcoin
When leaked pictures of Samsung’s latest smartphone went viral, the crypto sphere lost its mind over a singular feature: a built-in cryptocurrency wallet. Samsung would quickly deny rumors that the S10 contained a baked-in hardware wallet. дальше »
2019-3-13 22:31 | |
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MasterCard-Backed Debit Card Pumps This Cryptocurrency, Binance CEO Reacts
SEGWIT and Lightning Network-ready payment solution Groestlcoin (GRS) has seen a massive spike upwards of 200% on March 11th. The pump follows news of the release of a MasterCard-backed debit card allowing users to carry out regular daily transactions using GRS and to withdraw cash at ATMs. дальше »
2019-3-12 17:45 | |
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Proposed Texas Bill Would Require ID Verification for Crypto Use
A bill proposed by the Texas legislature will require that all receivers of cryptocurrency in regular transactions verify the identity of the cryptocurrency sender before accepting any payment. дальше »
2019-3-12 01:04 | |
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As Court Reconvenes for QuadrigaCX, Questions Surround Empty Cold Wallets
As QuadrigaCX’s legal counsel descends on the courtroom in Halifax, Nova Scotia, for another round of legal proceedings, the court monitor’s third report on QuadrigaCX’s finances — specifically its revelation that the exchange’s cold wallets are empty — lays out some hopeful avenues for fund recovery — and some frustrating dead ends. дальше »
2019-3-5 20:20 | |
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Ripple Gains Acclaim as One of Silicon Valley’s Best Places to Work, But Roblox is Better
Ripple Work Environment Now List-Worthy If anyone was still living under the illusion that working in blockchain or cryptocurrency meant sacrificing the quality of your work life, you might have finally been convinced otherwise. дальше »
2019-3-5 03:49 | |
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Visa and Mastercard Need to Adopt Cryptocurrencies to Stay in Business – Analyst
Lisa Ellis, a partner, and Senior Equity Analyst at MoffettNathanson has revealed in a note that cryptocurrency technology will be the future of payments and private payment companies like Visa and Mastercard will have to adopt it to avoid being edged out of the market. дальше »
2019-3-2 20:40 | |
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Crypto Payment Company Wirex Adds 10 New Fiat Currencies In Major Update
Wirex, a digital payments company which is specialized in offering crypto-fiat options for its clients is bound to expand the range of its services with a big new update, Wirex 3.0. This new update, according to the official press release sent out by the company, will add 10 new fiat currencies to the list. Any […] дальше »
2019-2-28 22:20 | |
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QuadrigaCX and the Million Dollar Questions: What We Do and Don’t Know
QuadrigaCX Exchange’s founder, Gerald Cotten, passed away more than two months ago, and with his death, the keys to the exchange’s cold storage allegedly went to the grave with him. дальше »
2019-2-26 22:21 | |
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Will Rakuten Join Newegg and Shopify in Accepting Crypto Payments?
Rakuten is allegedly working on a cryptocurrency payment solution for its app. Will it join Newegg and Shopify in accepting crypto payments? Find out here. The post Will Rakuten Join Newegg and Shopify in Accepting Crypto Payments? appeared first on CoinCentral. дальше »
2019-2-25 17:01 | |
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