Reading Time: 2 minutesG20 countries now agreed to regulate cryptocurrencies based on FATF (Financial Action Task Force) standards. The decision was done at the Buenos Aires’ second summit session. All the G20 nations signed a joint declaration according to The Saudi Gazette. This is a document that acknowledges the fact that there is a need to have a … Read more
Reading Time: 2 minutesThe FINNEY phone was recently announced at a Barcelona event. It costs $999 and is the very first of its kind as it integrates blockchain technology with the purpose of allowing the user to easily utilize blockchain products. This smartphone tries to solve problems that many cryptocurrency users have with mobile computing. The big problem … Read more
Reading Time: 2 minutesThe US SEC (Securities And Exchange Commission) settled its charges for retired professional boxer Floyd Mayweather Jr. and DJ Khaled (full name Khaled Khaled), music producer. The reason for this is not disclosing the fact that they were paid in order to promote ICOs (initial coin offerings). The news was announced on Thursday, with the … Read more
Reading Time: 2 minutesUpbit is the largest cryptocurrency exchange in South Korea based on volume. Now it is the very first one to obtain ISMS license. In December of 2017 we saw KISA saying that absolutely all data and internet related companies that generate over $100 million need to hold an ISMS license. The assessment was made based … Read more
Reading Time: 2 minutesEven if there are numerous reports talking about going through a crypto winter that could last 6 months, a report (not confirmed so far) released today claims NASDAQ is planning the launch of futures contracts based on bitcoin. The crypto crash did not stop the plans from moving forward. News was initially published by Bloomberg … Read more
Reading Time: 2 minutesAs controversy surrounding how the authorities handle cryptocurrency management grow, in the state of Ohio there is a website being set up to allow the businesses to pay their taxes with the use of bitcoin. The Wall Street Journal published an article showcasing how Ohio offered a tacit acceptance through allowing businesses to use cryptocurrency … Read more
Reading Time: 3 minutes2018 was huge when it comes to stablecoins. Numerous projects appeared and tried to dethrone the success of Tether (USDT). The sudden interest in stablecoins appeared as more and more ICOs failed. As investors lose trust in the ICO and the cryptocurrency market is faced with a slump, there is a need for an alternative. … Read more
Reading Time: 2 minutesBlockchain technology has many different uses and it looks like soon it will be put to the test thanks to Jeffrey Berns, crypto millionaire. He bought a Nevada Desert 67,000 acres plot and wants to build a new experimental community that will be powered by technology. Blockchains LLC (the company at which Berns is CEO) … Read more
Reading Time: 2 minutesKeplerk, a French cryptocurrency platform, signed a partnership with country tobacco shops in order to be able to offer Bitcoin to their customers starting early 2019. At the same time, French regulators, together with the Central Bank of France, warned consumers about risks associated with digital currency investments. Keplerk now claims to have over 27,000 … Read more
Reading Time: 2 minutesNvidia shares quickly fell 19% as the company revealed that its Q4 revenues might be lower than anticipated by $700 million. This is because crypto-related Nvidia GPU demands went down among cryptocurrency miners. Nvidia did not directly invest in crypto-technology but it was a huge winner of the 2017 industry boom. In 2017 we saw … Read more
Reading Time: 2 minutesBitcoin is right now going through a strong bullish correction as it recovers 10% after reaching the week low level of $4,200. All crypto markets are slightly recovering. Even so, we are faced with a huge $70 billion drop that happened in the entire crypto market. Bitcoin price went under $5,000 for the very first … Read more
Reading Time: 2 minutesWhile the entire market focuses on the decline in value of most cryptocurrencies, the news of the moment surrounds Giga Watt, an US Bitcoin mining company that just declared bankruptcy and cited that it has millions in debt, money that needs to go to creditors. Giga Watt filed its Chapter 11 bankruptcy documents in Washington. … Read more
Reading Time: 2 minutesThe last few years in India there were many mentions of regulation drafts but nothing happened. It seems that now the Indian government might actually reveal the first cryptocurrency regulatory draft in the month of December. The finance ministry in India designed a task to start working on regulatory guidelines and norms for all domestic … Read more
Reading Time: < 1 minuteIt was recently announced that the Spanish Ministry of Finance (Hacienda) is going to oversee 15,000 unique taxpayers that were identified as making crypto transactions in the past year. The news was reported by El Pais, a large Spanish newspaper. Agencia Estatal de Administracion Tributaria (AEAT), the tax agency of Spain, showcased the fact that … Read more
Reading Time: 2 minutesThe US FEC (Federal Election Commission) practically decided to allow the mining pools to donate funds to the political campaigns. This controversial news was released through a website memo. FEC practically decided to address the request made by OsiaNetwork LLC for advisory opinion. OsiaNetwork asked for official confirmation of the business plan of the business. … Read more
Reading Time: 2 minutesBulgarian authorities recently reported that they managed to clamp down on international passport selling to foreigners coming from Easter Europe, with Bitcoin payments being used. It was shown that citizens from different countries, including Moldova, Bulgaria, Macedonia and Ukraine perpetrated these illegal activities. Several Bulgarian authorities were reported to have been involved in the illegal … Read more
Reading Time: 2 minutesBitcoin Cash’s November 15 fork gets closer and BCH price increases, with the recent price spike being of 15%. A report by CCN showed that Bitcoin Cash price went up 12% ahead of the fork. This only made traders confident and price increases kept happening, leading to $535. According to Coinbase: Twice a year, the … Read more
Reading Time: 2 minutesCoinbase is quickly establishing itself as the biggest possible player in the crypto exchange industry. After it raised another $300 million in funding, its value reached an incredible $8 billion. Coinbase published a blog post saying that the company went on to raise a major new investment, with post-money valuation reaching $8 billion. Some of … Read more
Reading Time: < 1 minuteBerlin has been on the radar of many working in the blockchain and cryptocurrency industries in the past few years. Everything practically started in the year 2013 when we saw a report stating that in Kreuzberg, a southern Berlin district, people were actually using Bitcoin in the local shops that were accepting cryptocurrency. Nowadays, Berlin … Read more
Reading Time: 2 minutesGOPAX, a popular South Korean crypto exchange, became the very first blockchain company in the country to get a K-ISMS certification, which is Korea’s official standard set for management systems in information security. This practically means that the government sees the cybersecurity of GOPAX as being completely approved. K-ISMS is an official certification standard that … Read more
Reading Time: 2 minutesKim Dotcom, renowned crypto investor and Internet entrepreneur, recently stated that the US economy is surely going to crash in the following years and that this cannot be stopped. In a Twitter statement, he declared that if the markets in the country keep deteriorating, crypto will start to be highly appealing for investors as a … Read more
Reading Time: 2 minutesSony Computer Science Laboratories, which is the development and research part of the Sony Corporation, recently revealed that they are working on a new cryptocurrency wallet that will be used to store cryptocurrencies like Litecoin, Bitcoin and Ethereum, among others. News was broke through a press release that can be seen here. The new crypto … Read more
Reading Time: 2 minutesBitcoin gained a lot of traction in the past thanks to the support offered by people in China, which were more than willing to use the cryptocurrency for daily commerce. However, at the beginning of 2017 rumors started to go around that financial regulators in the country will attack blockchain-based assets. This did become reality … Read more
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