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PayPal's Bitcoin strategy pays off
Online payments company PayPal has had its strongest fiscal year with a spike in the number of active accounts on its platform. According to the firm’s fourth-quarter and fiscal year report, about 1The post PayPal's Bitcoin strategy pays off appeared first on AMBCrypto. дальше »
2021-2-5 01:00 | |
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Majority of Countries Need far Clearer Tax Guidance on Crypto Staking: US Library of Congress
While there have been some impressive progress in the furthering relationship between cryptocurrencies and state governments, there is still a ways to go. According to the United States' Library of Congress, this assessment published a thorough 124-page report this month. дальше »
2021-2-5 21:30 | |
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Bitcoin Supply Held By Whales Skyrockets As Glassnode Debunks High BTC Ownership Concentration Report
The distribution of bitcoin on various addresses on the bitcoin network shows whale accumulation and activity but isn’t an accurate measure of bitcoin ownership around the world. This is according to a report by Glassnode Insights seeking to clarify another report by Bloomberg, which claimed that up to 95% of all BTC in circulation is […] дальше »
2021-2-4 16:55 | |
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South African Taxpayers Who Fail to Disclose Income From Cryptocurrency Trading Face Possible Jail Time
According to a report, the South African Revenue Service (SARS) has sent out audit requests to taxpayers asking them to disclose their cryptocurrency trades and purchases. Taxpayers that fail to correctly disclose their income from bitcoin or other cryptocurrencies may be “liable to a fine or imprisonment for up to two years.” SARS Tracking Non-Compliant […] дальше »
2021-2-4 12:20 | |
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Investment Firm Reveals What Would Easily Push Bitcoin Price To Over $200k
Bitcoin price could reach as high as $200-$500k in price if corporations shifted a small percentage of their cash reserves to the BTC market. That’s according to a recent market report released by ARK Investment. дальше »
2021-2-4 21:59 | |
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China’s BSN to Add Support for Cosmos (ATOM)
China’s Blockchain Services Network (BSN) has revealed plans to integrate the pemissioned version of Cosmos (ATOM) into its platform. The BSN’s primary objective is to foster blockchain adoption as well as interoperability between various private distributed ledger technology (DLT) networks, according to a Ledger Insights report on February 2, 2021. Cosmos (ATOM) Live on BSN Read More дальше »
2021-2-3 02:00 | |
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Wall Street Bets and Gamestop Saga to Be Made Into a Movie
The Wall Street Bets saga, an incredibly ridiculous story about a group of amateur Reddit investors who beat career Wall Street hedge funds at their own game, is to be made into a movie. According to a report by online news site Deadline on Jan. дальше »
2021-2-2 10:05 | |
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Bitcoin could theoretically rise by 160%, IF this happens
According to a recent research report by Bridgewater Associates, Bitcoin’s price could theoretically rise by at least 160% if allocations towards gold are diversified into Bitcoin instead. ExplorThe post Bitcoin could theoretically rise by 160%, IF this happens appeared first on AMBCrypto. дальше »
2021-1-30 22:30 | |
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Bitcoin Inflows in Past 30 Days Exceed BTC’s Total Market Cap in 2017 and 2019, Says Report
The total amount of capital inflows into bitcoin during the 30 days to Jan. 25 are as high as the entire bitcoin market capitalization in September 2017 and early 2019, according to new data from Glassnode. дальше »
2021-1-28 17:00 | |
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Philippines Central Bank Revisits Crypto Regulation
This development does not come as a surprise. More financial authorities around the world have begun to make deliberate efforts to clarify their stance on cryptocurrencies. The Philippines Takes a Stance According to a report from Inquirer, activities related to cryptocurrencies will be treated under the purview of the Philippines Central Bank. дальше »
2021-1-27 12:57 | |
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RippleNet Saw a 5x Increase in Growth Before SEC Troubles
According to the report, Ripple’s flagship solution RippleNet saw five times more transactions on its platform in 2020 when compared with 2019. RippleNet processed close to three million total transactions, a marked increase. дальше »
2021-1-26 18:18 | |
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Large US University Endowments Are Buying Crypto; More Companies Adding BTC to Balance Sheets
According to a report, several large US university endowments like Harvard University, Yale University, Brown University, and the University of Michigan are buying cryptocurrencies directly through exchanges. дальше »
2021-1-26 17:42 | |
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Report Claims Harvard, Yale, and Brown University Endowments Have Been Discreetly Buying Bitcoin
According to sources familiar with the matter, a number of Ivy League universities including the University of Michigan, Brown, Yale, and Harvard endowments have been discreetly purchasing cryptocurrencies. дальше »
2021-1-26 17:30 | |
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Other than Bitcoin, Coinbase notes institutional demand for Ethereum as well
Coinbase ‘Year in Review’ 2020 report stated that there was a growing institutional demand for Ether, amid increasing corporate investments in Bitcoin. According to researchers at Coinbase InstituThe post Other than Bitcoin, Coinbase notes institutional demand for Ethereum as well appeared first on AMBCrypto. дальше »
2021-1-26 00:30 | |
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Crypto Exchange Giant Coinbase to Sell Shares Privately Ahead of Public Offering
According to a recent report, the San Francisco-based cryptocurrency exchange Coinbase is purportedly planning to sell stock on Nasdaq’s private market ahead of the initial public offering (IPO). дальше »
2021-1-25 09:30 | |
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Global Chip Shortages Disrupt Bitcoin Mining Rig Production: China’s Dominant Position as Hash Rate Leader Under Threat
The ongoing global shortage of chips that are used in the production of bitcoin mining rigs is now causing manufacturing disruptions. According to one report, these disruptions are causing a shortage of rigs on the market and subsequent price increases. дальше »
2021-1-25 18:30 | |
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Janet Yellen Vows to Implement Laws to Curtail Illicit Crypto Use
Janet Yellen, President Biden’s nominee for Treasury Secretary, has clarified her stance on bitcoin (BTC) and other cryptocurrencies, making it clear that she will go all out to formulate and implement regulations that would curtail the use of blockchain-based cryptocurrencies for illicit activities, according to a Decrypt report on January 22, 2021. Yellen Not Anti-CryptoRead More дальше »
2021-1-23 21:00 | |
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Iranian hackers use cryptojacker to bypass sanctions, says report
Cybersecurity firm SophosLabs has traced MrbMiner, a new cryptojacking virus that primarily targets powerful database servers, back to a small software company in Iran, according to a report published yesterday. дальше »
2021-1-22 21:00 | |
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Biden Administration Reported to Be Lining up a Former Ripple Advisor as the Next Bank Regulator
Micheal Barr, the former member of Ripple’s board of advisors, is set to become the United States’ next banking regulator, according to a report. A former assistant treasury secretary, Barr will become the second individual with crypto connections to lead the Office of Currency Comptroller (OCC. дальше »
2021-1-22 03:30 | |
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Ex-Ripple Advisor to Be Chosen as New OCC Head
President Biden is expected to nominate Michael Barr for the position of Comptroller of the Currency – the independent bureau within the Department of Treasury in the US Govt, which is tasked with ensuring a safe banking system in the nation, according to a report by the WSJ. Who Is Michael Barr? Barr was anRead More дальше »
2021-1-22 00:00 | |
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Asia accounts for over 43% of global crypto activity according to report
Markets were once again in the red today, with Bitcoin and Ethereum losing over 5% and 7% in the past 24-hours. It seems to be a trend for traders in Asia to sell off their positions before or after tThe post Asia accounts for over 43% of global crypto activity according to report appeared first on AMBCrypto. дальше »
2021-1-21 17:00 | |
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Reports Show Crypto Custodian Xapo Set to be a Digital Bank in Gibraltar
According to a recent report, the cryptocurrency custodian Xapo is getting ready to become a “fully-fledged” bank in the British Overseas Territory of Gibraltar. The region located at the southern tip of the Iberian Peninsula has also been extending “regulatory guidelines for digital asset exchanges,” according to a partner at the international law firm Isolas […] дальше »
2021-1-21 06:45 | |
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Crypto Custodian Xapo Set to be a Digital Bank in Gibraltar
According to a recent report, the cryptocurrency custodian Xapo is getting ready to become a “fully-fledged” bank in the British Overseas Territory of Gibraltar. The region located at the southern tip of the Iberian Peninsula has also been extending “regulatory guidelines for digital asset exchanges,” according to a partner at the international law firm Isolas […] дальше »
2021-1-21 06:45 | |
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Ecuadorian Presidential Candidate Floats National Cryptocurrency Idea
Ecuadorian presidential candidate wants the country to join in the CBDC bandwagon. Making Ecuador Crypto-Friendly According to a recent report by Decrypt, Ecuadorian presidential candidate for 2021 and the current president of the Ecuadorian-Chilean Chamber of Mining, Geovanni Andrade, recently stated that he has plans to develop a national cryptocurrency to enable transactions within Ecuador.Read More дальше »
2021-1-18 16:00 | |
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Russia: Palladium Producer Nornickel Joins IBM’s Responsible Sourcing Blockchain Network
The world’s largest producer of palladium is the latest to join the Responsible Sourcing Blockchain Network (RSBN). Norilsk Nickel Joins RSBN According to a report by Ledger Insights on January 16, Russian nickel and palladium mining and smelting company Nornickel has now officially joined the RSBN with aim to tap the solution for nickel andRead More дальше »
2021-1-18 14:00 | |
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Gold Exceeds U.S. Dollars in Russia’s Reserves as Putin Focuses on De-Dollarization
Russia is now holding more gold than U. S. dollars in its reserves for the first time, according to the latest report by Russia’s central bank. Russian President Vladimir Putin has made de-dollarization his country’s key policy to reduce the Russian economy’s exposure to the U. дальше »
2021-1-17 10:15 | |
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Figure Blockchain Lending Platform Secures $100m from JP Morgan
Figure Lending has obtained a $100 million loan facility from leading U. S lender, JPMorgan for conforming and jumbo mortgages. The blockchain-powered mortgage platform claims it has secured $1. 5 billion of lending facilities via five funding deals, according to a LedgerInsights report on January 15, 2021. дальше »
2021-1-16 02:00 | |
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Man Offers $72 Million To Search For Hard Drive With 7,500 BTC
James Howells, a 35-year old British Engineer, is reportedly on a hunt for his BTC hardware wallet that he had accidentally discarded in 2013 while doing some house clean-up. According to a South Wales Argus report, Howells had appealed to the councils of the city where he resides, Newport, to excavate a landfill site where […] дальше »
2021-1-16 23:29 | |
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China: Hospital Issues Blockchain-Based Electronic Bill
In a first, a Chinese hospital sends its patient the first blockchain-powered electronic bill. Electronic Bill on Blockchain According to a Coindesk report on January 13, a hospital in China recently sent the first electronic bill to one of its patients. дальше »
2021-1-14 18:00 | |
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RiskStream Joins Forces with Liberty Mutual, Others, for DLT Proof of Insurance
RiskStream, Liberty Mutual, Nationwide and some other insurance market participants are developing a blockchain proof insurance solution. The team says the solution is designed to facilitate quick and seamless verification of insurance coverage, according to a LedgerInsights report on January 12, 2021. дальше »
2021-1-14 02:00 | |
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JPMorgan Strategists: A Crypto ETF Approval Would Cannibalize Bitcoin’s Price
Bitcoin’s price would take a serious hit in the event that an ETF were to be approved. That’s according to a team of analysts at JPMorgan Chase. The analysts, led by one Nikolaos Panigirtzoglou, compiled and released a report after studying the possible effects of an ETF based mainly on the large cache of BTC […] дальше »
2021-1-12 00:58 | |
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Chinese Bank Trials Digital Yuan ATMs in Shenzhen as Part of Third CBDC Test
The Agricultural Bank of China, one of the biggest banks in the country, has recently kicked off the testing of ATMs that would allow customers to convert their cash into digital yuans, according to a report by SZNews on Jan 10. дальше »
2021-1-11 21:00 | |
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Hyundai Taps Blockchain Technology for Automotive Parts Authentication
Hyundai Motors has joined the growing league of car manufacturers actively exploring distributed ledger technology (DLT). The firm is looking to use revolutionary technology to verify the authenticity of its car parts and curb counterfeiting, according to a LedgerInsights report on January 8, 2020. дальше »
2021-1-9 02:01 | |
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Hackers Have Been Stealing Crypto From Wallets for Over a Year with a New Malware Dubbed ‘ElectroRAT’
A new malware, dubbed ElectroRAT has been discovered by cybersecurity researchers at Intezer Labs; the remote access Trojan (RAT) targets crypto wallet users and has been operational for the past year according to the report published on Jan 5. дальше »
2021-1-8 23:41 | |
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Coinbase is experiencing connectivity issues; website and mobile app are down
In the last hour, several users have reported on Twitter that crypto exchange Coinbase’s website is not accessible. Moreover, according to the latest incident report, the Coinbase team notified userThe post Coinbase is experiencing connectivity issues; website and mobile app are down appeared first on AMBCrypto. дальше »
2021-1-6 20:00 | |
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Bankers Fear Sweden’s Proposed Digital Currency May Fundamentally Change Banking
Swedish bankers have expressed concerns over the country’s proposed CBDC dubbed e-krona according to a Reuters report on Tuesday. This pipeline CBDC has been in the works for over a year and is being considered for mainstream roll out by Riksbank, Sweden’s monetary authority. дальше »
2021-1-6 17:56 | |
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NYT Study: Coinbase Underpaid Female and Black Employees at Much Larger Rates Than Those in the Technology Industry
An analysis performed by the New York Times of internal pay data at cryptocurrency exchange Coinbase unveiled disparities in salaries, showing their women and Black employees were underpaid. Coinbase Underpaid Women and Black Employees, Claims NYT Study According to the report, women employees were paid by Coinbase an average of $13,000, or 8%, which is […] The post NYT Study: Coinbase Underpaid Female and Black Employees at Much Larger Rates Than Those in the Technology Industry appeared first on Bitcoin News. дальше »
2021-1-1 11:00 | |
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Latin American, Caribbean Countries Use Blockchain to Fight Poverty
Blockchain technology promises to bring a tough fight against poverty in Latin America and the Caribbean (LAC). LAC Tap Blockchain to Tackle Poverty According to a report by Borgen Magazine, LAC are using distributed ledger technology (DLT) to free the region of poverty. дальше »
2021-1-1 18:00 | |
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Large Bitcoin Futures Gap Causes Temporary Trading Pause, ETH Open Interest Hits All Time High
CME Group temporarily paused trading of bitcoin futures after the market opened to a large gap of over $3,000 between the derivatives and the underlying crypto asset. According to a report, it was this huge futures gap which “amounted to a massive upside volatility” that led to the trading pause. дальше »
2020-12-31 06:30 | |
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UAE: Leading Telecom Group Uses Blockchain in Human Resources
UAE firm Etisalat is tapping distributed ledger technology (DLT) to streamline HR operations. Firm Taps Blockchain to Ensure Legitimate Data According to a report by GDN Online, UAE-based telecom firm Etisalat recently announced a new initiative geared toward empowering employees with blockchain-enabled digital HR credentials. дальше »
2020-12-30 16:00 | |
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Spanish City Lebrija Launches Local Virtual Currency ‘Elio’
The city council of Lebrija has created a virtual currency ‘Elio’ that can only be used for payments made to small and medium businesses, according to a report by Diario de Sevilla. Read more: Spain’s Second-Largest Bank Will Soon Launch Crypto Services: Sources дальше »
2020-12-29 15:20 | |
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Israeli Tax Authority Reportedly Mandates Crypto Holdings Disclosure for Investors
The Israeli tax watchdog is tightening the noose around crypto holders. Report Says Crypto Disclosure to Be Made Compulsory While the cryptocurrency markets continue their unprecedented rise with bitcoin (BTC) hitting new all-time-highs almost every passing day, the tax watchdogs around the world have developed a keen interest in the burgeoning industry. According to aRead More дальше »
2020-12-29 14:00 | |
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