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U.S. citizens to be taxed for receiving ‘hardfork’ cryptocurrencies
The U. S. government’s stand on the cryptocurrency’s taxation aspect becomes clear as the Internal Revenue Service (IRS) issues guidance on tax implications of cryptocurrency hard forks. дальше »
2019-10-10 19:59
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Facebook CEO Mark Zuckerberg to Testify Before U.S. Congress over Libra
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, announced that Facebook Chairman and CEO Mark Zuckerberg will testify before the Committee at an October 23 hearing entitled “An Examination of Facebook and Its Impact on the Financial Services and Housing Sectors”. дальше »
2019-10-10 19:07
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Grayscale rebalances DLC fund by reducing all altcoins
The digital asset management firm Grayscale Investments announced the completion of its quarterly review to update the weightings of its Digital Large Cap Fund (DLC). The company claims that the DLC Fund is a passive, rules-based strategy that seeks to provide exposure to the large cap segment of the digital asset class (70% target coverage). дальше »
2019-10-8 01:30
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Bitfinex delays K.im token sale to accommodate user base
Kim Dotcom, the creator of Megaupload entered the crypto sector after announcing the launch of his crypto content publishing and monetisation platform, K. im. While the crypto project was scheduled to launch via Bitfinex in October 21, the exchange tweeted regarding a delay, “kim coin token sale has been rescheduled to start on 6th November 2019 […] The post Bitfinex delays K. дальше »
2019-10-8 23:30
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Bitcoin’s non-seizable trait important to developing economies
While Bitcoin‘s position as a fiat replacement has been predicted by numerous entities, Bitcoin advocate Anthony Pompliano highlighted the characteristics of Bitcoin that attract today’s developing economies in a recent post, “When you’re worried about your assets being seized or becoming inaccessible to you, Bitcoin’s non-seizability becomes very attractive. дальше »
2019-10-8 20:30
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UK’s FCA toughens stance on crypto-businesses with new wave of investigations
The Financial Conduct Authority [FCA], a British regulatory watchdog, has been pushing for a blanket ban on Bitcoin derivatives in the name of consumer protection for a while now. However, despite many users responding by stating that crypto-derivatives are like any other derivatives and are just as risky, the FCA continues to move towards a […] The post UK’s FCA toughens stance on crypto-businesses with new wave of investigations appeared first on AMBCrypto. дальше »
2019-10-7 15:04
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Ethereum’s market contends with the bears as price falls on breach of descending triangle
Ethereum’s price noted an 8% hike in the month of September and has since, maintained its gradual growth in October too. The price of the second-largest coin has jumped by over 4% over the past week and was valued at $171. дальше »
2019-10-7 10:44
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MakerDAO is gaining traction where the local currency is very volatile
When it comes to diversifying investment portfolio, the crypto ecosystem caters to the need of every type of investor depending on their specific needs. In this regard, MakerDAO’s Head of Business Development, Gregory Di Prisco, highlighted that as long as every asset added is not directly related to either, it will reduce the risk of […] The post MakerDAO is gaining traction where the local currency is very volatile appeared first on AMBCrypto. дальше »
2019-10-6 01:30
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U.S House committee asks Facebook’s Mark Zuckerberg to appear before it by January
Facebook’s crypto-project Libra has been battling it out with regulators from around the world, with the ones in the United States being especially vocal about their concerns. In a series of new developments, the U. дальше »
2019-10-4 09:47
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Bitcoin and blockchain make headway as Malta signs MoU with European countries
For quite some time now, Bitcoin and other cryptocurrencies have been one of the frequently discussed topics among the regulators. This could be attributed to various reasons: rise in interest in cryptocurrencies, launch of Libra, and institutions venturing into the digital currency space. дальше »
2019-10-4 01:30
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Binance to tackle FATF regulation and compliance with Coinfirm partnership
Binance, the world’s leading exchange in terms of driving crypto innovation, has bagged another partnership with regulation technology company Coinfirm. As per the official blog post, “Binance and Coinfirm announced their partnership to address the recently issued guidelines on anti-money laundering (AML) rules by the Financial Action Task Force (FATF). дальше »
2019-10-4 21:25
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BitGo acquires Hedge to launch BitGo staking with Dash and Algorand
BitGo, US-based digital asset trust company, announced the launch of its latest service, BitGo staking. The company made the news official through Twitter, which read, “BitGo is excited to announce it has acquired Hedge and launched staking for cryptocurrencies. дальше »
2019-10-3 20:33
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Ripple’s Asheesh Birla claims Securities Law is a good thing for digital assets
Ripple has maintained an arm’s length distance from XRP’s performance in the cryptocurrency market, but it is covering ground in terms of XRP adoption. XRP recently received native support on Coil via Bitpay, a development which would enable massive adoption of the third-largest crypto not only for people trading in crypto, but thousands of businesses […] The post Ripple’s Asheesh Birla claims Securities Law is a good thing for digital assets appeared first on AMBCrypto. дальше »
2019-10-3 17:30
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Crypto-exchanges make money by exploiting end user’s ‘lack of knowledge,’ claims Level CEO Chris Slaughter
As cryptocurrency records mass adoption across the world, business entrepreneurs have increased their efforts to impart their knowledge to the general public. One such technologist is Chris Slaughter, CEO of crypto-exchange Level, and who featured in one of Anthony Pompliano’s podcasts to discuss the “holes” within the crypto-ecosystem. дальше »
2019-10-3 08:30
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Coinbase exchange to offer 1.25% APY rewards on every USD Coin
Given the tough competition and a variety of similar offerings, crypto exchanges have shifted their business strategies to include customer-centric incentives. Although Binance has been leading this realm, Coinbase made headlines after announcing on Twitter, “Starting today, eligible US customers will earn 1. дальше »
2019-10-2 20:41
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Crypto-Mining Marketplace co-founder arrested in Germany for $63 million theft
As the U. S. government tightens its regulatory arms across the crypto landscape, yet another cryptocurrency entrepreneur gets cornered for his part in facilitating a hacking organization responsible for the theft worth millions of dollars. дальше »
2019-10-2 19:30
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JPMorgan, Intel Alumni announce the launch of USD-backed stablecoin, USD Digital
Tether [USDT] has established itself as the most widely used stablecoin across the cryptosphere. However, several institutions in the recent past have made their entry into the world of cryptocurrencies through stablecoins, hoping to displace USDT. дальше »
2019-10-2 09:30
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India’s Airpay partners with InstaReM to develop international payments solutions
While India’s entry into the crypto-landscape seems sluggish at best, Mumbai-based Airpay Payment Services has set out to create a merchant-centered international payments solution in collaboration with InstaReM. дальше »
2019-10-2 02:30
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Nebulous settles SEC’s charges against unregistered “Siastock” offering with just over $0.2 million
Nebulous Inc. , Sia decentralized cloud storage network’s parent company, reportedly entered a settlement agreement with the U. S. Securities and Exchange Commission (SEC). The complaint is related to a 5-year old SEC filing, that highlighgted Nebulous’ involvement in offering and selling unregistered securities. дальше »
2019-10-2 19:08
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Monero’s RandomX will be a ‘more aggressive change’ than CryptoNight, claims Justin Ehrenhofer
Recently, Monero concluded testing RandomX on a private testnet. The coin is in the news again after Monero Community’s Workgroup organizer, Justin Ehrenhofer, said that RandomX, the new Proof of Work [PoW] algorithm, is not meant to be “ASIC-proof. дальше »
2019-10-2 18:30
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Stellar Development Foundation announces proposal to tackle network inflation
While the idea of eliminating inflation from the Stellar protocol has been in discussion since an year, the foundation announced its most recent decision, “We think it’s a good idea to disable the current inflation mechanism. дальше »
2019-10-1 01:30
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SBI Holdings’ MoneyTap adds two more traditional banks to complete its list of 30 partners
Japan-based SBI Holdings currently stands as one of the most crypto-accepting financial body as it propels cross-border payments landscape through Ripple’s network. In the latest effort to maintain this trajectory, SBI’s MoneyTap initiative announced inclusion of two more traditional financial banks, Daiwa Securities Group Inc. дальше »
2019-10-1 21:32
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CFTC charges Pennsylvania resident for $7 million Bitcoin fraud
The U. S. Commodity Futures Trading Commission (CFTC) charged Pennsylvania-based resident, Jon Barry Thompson with “knowingly or recklessly making false representations to customers (two victim companies) in connection with the purported purchase of bitcoin worth over $7 million. дальше »
2019-9-30 20:39
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Bitcoin’s sub-$8000 drop could be attributed to general indifference toward Bakkt launch, claims Binance Research
With a plethora of Binance products flooding the crypto market, the company’s research arm, Binance Research released a report detailing on the exchange’s recent milestone and some of the expected development around it. дальше »
2019-9-30 19:30
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Bitcoin can be a weapon against confiscation of property and inflation, claims Tyler Lindholm
As Wyoming rises to stand as one of the most pro-crypto and pro-blockchain jurisdictions, three of the most prominent figures in the State, Caitlin Long, Trace Mayer and Tyler Lindholm featured on Peter McCormack’s podcast to share some of the latest developments. дальше »
2019-9-30 08:00
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Ethereum looks bearish as selling pressure is on the rise
Ethreum was trading at $172.24 at press time with a downfall of 1.54% on the 24-hour price chart and registered a market cap of $18.5 billion. The altcoin has been trying to recover from its losses which were triggered on 24th September, which saw the majority of the cryptocurrency market depreciate in value. 6-Hour Price […] дальше »
2019-9-29 21:36
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Ethereum prices might slump further in short term with a bearish potential double-top formation
Ethereum has been on a recovery mode since 24th September which saw the second-largest altcoin lose almost 17% of its value in a single day. ETH was trading at $172. 24 at press time having seen a decline of 1. дальше »
2019-9-29 13:50
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Bitcoin miners to face massive hike in electricity tariffs levied by Uzbekistan government
Uzbekistan has time and again proved that it is a crypto-friendly country by legalizing cryptocurrency exchanges and funding several blockchain and cryptocurrency-related projects. However, the country’s recent update has taken a toll on cryptocurrency miners. дальше »
2019-9-29 10:00
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Litecoin and Bitcoin wallets on iPhones older than and including iPhone X are insecure, says LTC developer
Litecoin Foundation’s full-time developer, Loshan T recently stated on Twitter that Bitcoin and Litecoin wallets were no longer safe on iPhones older than and including iPhone X. This was followed by the developer recommending users to upgrade their iPhone devices, considering that several people use smartphone according to Litecoin Foundation’s internal data. Additionally, Loshan explicity […] дальше »
2019-9-29 20:06
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Unilever concedes to their blockchain-based pilot project saving significant amount of capital
Benefits of blockchain tech are being realized by major companies such as Unilever, who have now come forward to share proper details about the benefits that they were able to achieve using this technology. дальше »
2019-9-28 03:30
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John McAfee calls off Freedom Coin project, lists out reasons for Libra’s failure
Although John McAfee has managed to distance himself away from the U. S. government, he is one of the most active crypto advocates present in the space. Staying true to his beliefs, McAfee featured in another interview to discuss freedom and how Facebook’s Libra initiative goes against this thought. дальше »
2019-9-28 21:00
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Upbit calls off order book partnership with Bittrex as it moves towards market re-organization
Today, South Korean exchange Upbit announced that it has broken its ‘partnership’ with Bittrex. The news came on the heels of Upbit’s previous announcement of reorganizing the Bitcoin [BTC], Ethereum [ETH], and Tether [USDT] markets on 25 September, reported Decenter. дальше »
2019-9-27 16:02
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Venezuela to add Bitcoin and Ethereum in central bank’s reserves
Venezuela, the country that currently suffers from hyperinflation, is reportedly taking steps to adopt cryptocurrencies. The information was highlighted through a tweet from @PattyLaya, which translated to, “Exclusive: Venezuela is conducting internal tests to determine if it can save cryptocurrencies in the central bank’s reserves, helping PDVSA download recent payments in Bitcoin and Ethereum” According […] The post Venezuela to add Bitcoin and Ethereum in central bank’s reserves appeared first on AMBCrypto. дальше »
2019-9-27 23:00
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Binance Staking platform to help users grow funds on a monthly basis
Binance, one of the largest standing crypto exchange, has been the leading the crypto mass adoption through its ever-increasing plethora of investment offerings. Joining the list is the new Binance Skating platform, which will serve as a as a value-added service to Binance users. дальше »
2019-9-26 22:00
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K.im platform to support more cryptocurrencies in addition to Kimcoin, claims Kim Dotcom
Kim Dotcom’s successful carrier as a game-changing technologist has regained limelight as the entrepreneur recently announced the launch of K. im, the crypto-centered content monetization platform. дальше »
2019-9-26 20:30
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K.im is a payments system aimed at driving mass adoption of cryptocurrency, claims Kim Dotcom
With Kim Dotcom’s entry into the cryptocurrency landscape, seasoned entrepreneurs have taken notice of the initiative given his previous businesses, the most prominent being Megaupload. In this light, Bitfinex exchange conducted an AMA with the infamous technologist to clear some of the details of Dotcom’s latest initiative, K. дальше »
2019-9-26 19:30
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Bitcoin became a medium of exchange without force unlike fiat money, claims Silk Road’s Ross Ulbricht
“Bitcoin didn’t start out as money, it became money,” read a letter drafted by Ross Ulbricht, the infamous creator of darknet website, Silk Road. Being one of the first to spread Bitcoin’s use and mass adoption, Ulbricht highlighted how Bitcoin, while having no prior value, became a medium of exchange without force. дальше »
2019-9-26 21:30
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Bitcoin is the obvious choice if U.S. government stops printing money, claims ShapeShift CEO Erik Voorhees
Libertarianism and Bitcoin go hand in hand as the latter complements and strengthen’s the former’s vision. Prominent Bitcoin supporter, libertarian and ShapeShift CEO Erik Voorhees, featured in Peter McCormack’s podcast to contrast the U. дальше »
2019-9-26 20:30
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Head of Calibra, David Marcus highlights Libra’s near real-time settlement capabilities
While Facebook’s Libra initiative has been facing an uphill struggle, both Facebook and the U. S. government have been working toward finding a common ground for its “regulated launch. дальше »
2019-9-26 19:00
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IOTA Foundation partners with Linux Foundation to co-develop LF Edge framework
In a rare instance, mainstream opensource giant Linux Foundation has partnered with IOTA Foundation to co-develop the LF Edge framework. Arpit Joshipura, Linux Foundation’s General Manager (Networking, Edge, and IoT) said, “We’re excited to be integrating more closely with the IOTA Foundation and are eager to further open innovation and leveraging the unique capabilities that […] The post IOTA Foundation partners with Linux Foundation to co-develop LF Edge framework appeared first on AMBCrypto. дальше »
2019-9-25 00:00
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Kraken lists Chainlink (LINK) and Dai (DAI) tokens, trading apps in development
Collaborations maintain an upward trajectory in the crypto ecosystem as companies strive to support fellow initiatives, all aimed at spreading mass adoption. On a similar note, cryptocurrency exchange Kraken has announced to add Chainlink (LINK) and Dai (DAI) in its listing. дальше »
2019-9-25 23:00
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Flash crash: Bitcoin dumps below $8500 mark seeing a drop of over 9% in one-hour as the market bleeds
The largest cryptocurrency in the market, Bitcoin has witnessed one of its largest crashes for the year, recording a drop of over 9 percent in the past one hour. The rest of the market has followed suit, with Bitcoin Cash, Bitcoin SV, Binance Coin, and Ethereum losing value in over 10 percent in the past […] The post Flash crash: Bitcoin dumps below $8500 mark seeing a drop of over 9% in one-hour as the market bleeds appeared first on AMBCrypto. дальше »
2019-9-25 23:00
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Kim Dotcom launches Kimcoin for content monetization, Bitfinex to support token sales
Kim Dotcom, the prominent technologist that created Megaupload, has remained dormant owing to the strict allegations posed by the U. S. government against his company’s “criminal” motives. дальше »
2019-9-24 20:30
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Bullish sentiment noted among Bitcoin miners; steams from scheduled halving next year
Bitcoin [BTC] hash rate recorded another landmark as it reached 102 quintillion hashes. Previously, Bitcoin’s hash rate made headlines after hitting a high of 74. 5 million TH/s. At press time, king coin was priced at $9,965. дальше »
2019-9-24 23:30
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Binance.US’s liquidity is not related to Binance, and it may not be a good thing, claims Binance U.S. CEO Catherine Coley
As Binance. US makes headlines with its entry into the U. S. market, Catherine Coley, the company’s CEO featured on an online AMA to explain the business offering while clearing some confusion of existing crypto enthusiasts within the country. дальше »
2019-9-24 22:36
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Crypto exchanges require issuance and trading frameworks to get SEC’s approval, claims Blockstack CEO Muneeb Ali
As Binance and Bakkt have taken steps to ensure crypto’s presence within the U. S. territories, businesses leaders from both ends of the spectrum are forced to view their opinions about the new normal in finance. дальше »
2019-9-23 19:30
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Binance introduces 14-day fixed term lending on BTC, LTC and XRP in 6th phase of Lending Products
While the first five phases of Binance’s recent lending services focused on adding various tokens and VIP-centered investment opportunities, Binance revealed the launch of the sixth phase of Binance Lending Products, which marked the beginning of their fixed-term lending initiative. дальше »
2019-9-23 15:00
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Bitcoin re-lending or rehypothecated systemic risk is overblown and not assertive in the market, claims Su Zhu
Crypto derivatives market is an essential part of the virtual asset ecosystem as it represented around $2.5 trillion markets in Q1 2019. In the recent Invest Asia 2019 event in Singapore, Su Zhu, CEO at Three Arrows Capital shed light on the derivatives market and listed out various use-cases that have developed over time from […] The post Bitcoin re-lending or rehypothecated systemic risk is overblown and not assertive in the market, claims Su Zhu appeared first on AMBCrypto. дальше »
2019-9-23 01:39
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Santander’s Ethereum-based ‘bond issuance’ may have problems handling securities on blockchain
Banco Santander, a major Spanish bank announced on 12th Sept this month, that they have issued the first end-to-end blockchain bond. The institution revealed that it had issued a $20 million bond that is directly integrated on to the Ethereum blockchain and operations will continue on it until it reaches one-year maturity. дальше »
2019-9-23 20:30
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‘IAMAI vs RBI’ case: RBI’s aims to justify banking ban legally, keeping crypto sentiment aside
The Reserve Bank of India had restricted the banks from processing any cryptocurrency transactions, that caused inconvenience to many crypto holders in the country. Following this ban, many took to the legal route and filed a petition against this ban, which is being heard in the Supreme Court of India. дальше »
2019-9-22 14:00
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