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Ethereum’s Price Action Could Resemble a “Car Crash” if it Breaks Below $190

Ethereum has once again declined back down to its long-held consolidation channel around $200 The cryptocurrency is now showing some signs of weakness as it continues performing poorly alongside Bitcoin and most other major altcoins This weakness could soon lead it down to a key support level that must be maintained by buyers A failure for ETH to hold above this level could mean a “car crash” style decline is imminent, according to one analyst […] дальше »

2020-5-23 23:00


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Russian Government Set to Impose Fines and Imprisonment for Illegal Crypto Activities

The crypto landscape in Russia may soon be facing harsh laws as authorities have proposed new draft bills that seek to fine and imprison the illegal use of cryptocurrencies in the country.   Crypto Violations Attract $28,000 Fine and 7 Years Imprisonment According to a report by the local news outlet RBC on Thursday (May 21,Read MoreRead More. дальше »

2020-5-23 16:00


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Iran: President Rouhani Seeks Renewed National Crypto Strategy

According to a report by Iran-based news site ArzDigital, Iranian President Hassan Rouhani has directed the national government to chalk a new strategy for cryptocurrency mining. Iranian President Calls for Clear Crypto Mining Strategy Earlier this week, Iran President Rouhani instructed the officials from the Central Bank of Iran (CBI), energy department and information andRead MoreRead More. дальше »

2020-5-23 13:07


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Brazil: Authorities Investigating Banks that Close Crypto Exchange Accounts

The Administrative Council for Economic Defense (CADE), Brazil’s antitrust watchdog, elected to revisit the probing of some banks who closed the bank accounts belonging to local crypto exchanges.   Antitrust Agency Probes Banks’ Closure of Crypto Exchange Accounts According to a report by Finance Magnate on Thursday (May 21, 2020) the CADE moved to continue itsRead MoreRead More. дальше »

2020-5-21 17:00


3 BTC Mining Pools Accounts for 53% of Hash Rate, Bitmain Controls 2; Is Decentralization at Risk?

Bitcoin may not be as decentralized as it is normally touted. According to stats from BTC. com, two Chinese companies control over 52% of Bitcoin's hashrate. This, combined with reduced rewards from the May 2020 halving, begs the question of whether the leading digital asset is fully decentralized. дальше »

2020-5-21 19:05


Harmony’s 4-Shard Network Upgrades to Support Staking, Allowing Users to Earn ONE Tokens

News has surfaced that Harmony has revealed they are extending staking options for their Mainnet users. They will reward users with extra tokens for locking their ONE token. According to Harmony cofounder Nick White, this sort of arrangement would build trust levels with their client base without actually identifying them. Harmony's top brass with a […] дальше »

2020-5-21 18:25


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IOTA (MIOTA) Joins Dig_it Project to Develop a Sustainable Mining Ecosystem

IOTA (MIOTA), a distributed ledger technology (DLT) project focused on the internet of things (IoT) ecosystem, will collaborate with 15 other entities to carry out the Dig_it project. Dig_it is a Research and Innovation Action (RIA) project aimed at digitizing and transforming Europe’s major mine supply chains: gold, copper, and charcoal, according to a blogRead MoreRead More. дальше »

2020-5-21 17:00


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Square’s Cash App Debuts Automatic Recurring Bitcoin Purchases

Automatic recurring Bitcoin (BTC) buying is now possible on Square’s Cash App via a new feature added to the platform. Tweeting on Monday, Square and Twitter CEO Jack Dorsey revealed that Cash App users can now set their Bitcoin buying frequency according to daily, weekly, or bi-weekly schedules with a $10 minimum across all three […] The post Square’s Cash App Debuts Automatic Recurring Bitcoin Purchases appeared first on BeInCrypto. дальше »

2020-5-19 05:15


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Crypto Exchange BitMEX Sued in US Over Alleged Money Laundering

Cryptocurrency derivatives exchange BitMEX is at the center of fresh legal troubles and is being sued in the United States. According to a complaint filed with the U.S. District Court for the Northern District of California, San Francisco Division, BMA LLC — the plaintiff — is suing BitMEX for alleged money laundering, wire fraud, and […] The post Crypto Exchange BitMEX Sued in US Over Alleged Money Laundering appeared first on BeInCrypto. дальше »

2020-5-19 01:15


Ripple Gains Praise From US Consumer Financial Protection Bureau For Remittance Service

Ripple and XRP’s remittance potential in cross-border transfers has been recognized by the US Consumer Financial Protection Bureau (CFPB). According to a CFPB paper from May 11, the bureau responsible for providing the financial sector’s US consumers has been researching the remittance market’s new trends. дальше »

2020-5-19 21:27


Ethereum Classic’s ‘Phoenix’ Hard Fork In June Will Bring Compatibility With Ethereum

Ethereum Classic set to undergo its third network upgrade in efforts to fully allow inter-blockchain compatibility with its sister-chain, Ethereum. According to the press release by lead developers, ETC Labs, the “Phoenix” upgrade will be activated at block number 10, 500, 839, expected to be mined around the start of next month. The Ethereum community […] дальше »

2020-5-19 17:45


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Tech Consortium Behind Zilliqa Partners German Bank’s Fintech Arm to Explore Blockchain Solutions

According to a press release issued on May 15, 2020, Singapore-based group of technology companies Anquan Capital Pvt. Ltd. – responsible for the launch of the high-throughput network Zilliqa (ZIL) – has joined forces with the fintech arm of German bank WEG Bank AG to explore blockchain applications for banking and financial services. дальше »

2020-5-19 14:00


MoneyGram to Offer Direct Deposits in India Via Federal Bank; Both Members of RippleNet

MoneyGram will now offer direct deposits to India following its partnership with Federal Bank, one of the leading financial institutions in the country. According to a recent announcement by the payment system service provider, this alliance will be strategic in offering its Indian clients an account credit option via the Federal Bank. The MoneyGram announcement reads, […] дальше »

2020-5-16 19:13


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Accounting Giant Grant Thornton Bets on Its Enterprise-Geared Blockchain Platform

Accounting giant Grant Thornton has released a blockchain-powered platform called inter. x for managing intercompany transactions. This, according to a report by accounting TODAY, May 14, 2020. Blockchain Tool to Manage Intercompany Transactions In a bid to leverage the benefits of distributed ledger technology (DLT) for the benefit of corporate transactions, major accounting firm Grant ThorntonRead MoreRead More. дальше »

2020-5-15 15:00


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Bitcoin Bull Markets Show Increasing Traction Among Altcoins

Most of the users who buy Bitcoin on Coinbase end up switching to an alternative currency, especially when BTC starts a “bull run”, according to a Coinbase report. Users trade BTC for Altcoins looking to boost profits According to Coinbase, this could be because traders feel confident about their investments in Bitcoin and look for […] дальше »

2020-5-15 11:21