Binance, the world’s largest crypto exchange, announced it plans to launch a digital currency ‘Venus’ to outcompete Facebook’s Libra. The exchange said it is looking forward to forming new partnerships with tech giants, corporations, governments, and crypto startups to serve the unbanked, promote low-fee money transfers worldwide, and reshape the world’s financial system. The company...Read More
The existence of private decentralized cryptocurrencies like Bitcoin has a healthy impact on governments’ fiscal and regulatory policy, a new analysis contends. The existence of private decentralized cryptocurrencies like Bitcoin (BTC) has a healthy impact on governments’ fiscal and regulatory policy, a new analysis contends. TThe argument was put forth in a paper published on...Read More
Binance’s intended launch of a Libra-like stablecoin appeared to buoy markets as Bitcoin reversed previous losses. Bitcoin (BTC) price was returning to bullish form on Aug. 19 as markets look to break out from last week’s sideways trading. Market visualization. Source: Coin360 Bitcoin price builds on $10K support Data from Coin360 revealed Bitcoin challenging $11,000...Read More
Shaikho, who is a new “real” Satoshi Nakamoto, says his idea was a “people’s bank with no boundaries, no nationalities, and no discrimination.” When publishing some text online, some media have the habit/rule to write approximately how long the read is – with the reason we should say. Let me tell you this, reading the...Read More
Silvergate Bank’s Silvergate Capital Corporation is examining the possibility of offering cryptocurrency loans. The holding company of cryptocurrency-friendly Silvergate Bank, Silvergate Capital Corporation, announced that the firm plans to offer cryptocurrency-collateralized loans. In an S1/A form filed with the United States Securities and Exchange Commission on Aug. 15 the bank notes: “We believe there may...Read More
A delegation of the United States House of Representatives will visit Switzerland on cryptocurrency concerns, with Facebook’s stablecoin Libra being in the focus. A delegation of the United States House of Representatives will visit Switzerland on cryptocurrency concerns, with Facebook’s not-yet-released stablecoin Libra being in the focus. As local weekly news outlet NZZ am Sonntag...Read More
Over $240 million in suspected proceeds from crypto exit scheme PlusToken have moved in four Bitcoin transactions. Over $240 million in proceeds from the alleged crypto scheme PlusToken have reportedly moved through four Bitcoin (BTC) transactions. Whale Alert — a Twitter account dedicated to reporting large cryptocurrency transactions — posted on Aug. 17 that four...Read More
China’s Shenzhen Special Economic Zone will now support the research and promotion of digital funds and the national cryptocurrency based on the renminbi. On Aug. 18, the Central Committee of the Communist Party of China outlined the plans for the future development of the Shenzhen Special Economic Zone, including the research and promotion of digital...Read More
Global investor sentiment toward the crypto industry seems to have shifted in recent years. Here’s how the regulations surrounding this space look in 2019… As the global investor community starts to become increasingly aware of what crypto has to offer, it appears as though this burgeoning asset class is becoming more and more accepted. This...Read More
In addition to his real-life identity, Satoshi Nakamoto will use “My Reveal” to divulge such facts as his country of origin, education, professional background, and why he has yet to move any of his 980,000 Bitcoins. Believe it or not, there’s a new Satoshi in town. No, no, you’ve read it right. It seems Craig...Read More
Blockchain project NEO is considering integrating Celer Networks layer-two scaling protocol to improve scalability. Blockchain project NEO is considering integrating Celer Network’s (CELR) layer-two scaling protocol to improve scalability. Faster transactions, more possibilities As industry-focused news outlet Crypto Briefing reported on Aug. 17, John Wang, NEO’s director of Eco Growth, said that integration with Celer...Read More
There are many reasons why the Philippines is becoming increasingly crypto-friendly. Not only has its central bank registered more crypto exchanges recently, but the Securities and Exchange Commission has also been actively finalizing crypto guidelines. The country has an active crypto community, and one of its largest banks has engaged in multiple crypto projects. Also...Read More
South Korean cryptocurrency exchange Coinone has released a set of criteria for digital currency projects to be listed on the exchange. South Korean cryptocurrency exchange Coinone has released a set of criteria for determining whether to list new digital currency projects on the exchange. In a blog post published on Aug. 8, Coinone described nine...Read More
Photo: Pixabay Last week we reported how China is preparing their own digital currency dubbed CBDC after five years they have been working on it. However, after the analysis of over 50 patent applications that were filed by the People’s Bank of China, it has become clear that the pattern of this digital currency will...Read More
Creditors of now-defunct crypto exchange QuadrigaCX are requesting information concerning the recent loss of 103 Bitcoins during the funds’ recovery. Users of now-defunct Canadian cryptocurrency exchange QuadrigaCX are requesting further information concerning the recent loss of 103 Bitcoins (BTC) during the funds’ recovery. An unfortunate loss As Cointelegraph reported in February, one of the Big...Read More
Beating the street estimates, Nvidia has posted 16% rise in its earning for Q2 fiscal 2020 in comparison to the previous quarter. California-based chip manufacturing giant Nvidia released its second-quarter results for fiscal 2020 on Thursday, August 15. Compared to the Q1, Nvidia has posted a 16% rise in its overall revenue which stands at...Read More
Photo: Shutterstock The high fluctuating Bitcoin prices since its launch have made altcoins a go-to investment option for most of the crypto enthusiasts and traders. If we go back to February 2017, it was the first time when the entire crypto community has realized altcoins potential as their market value went sky-high after the Bitcoin...Read More
Photo: Shutterstock The popularity of Bitcoin is hard to underestimate. Regardless of the cryptocurrency’s volatility, thousands of people are using it on a daily basis. While companies may be taking advantage of Bitcoin to make international payments, investors are playing around with the cryptocurrency in the hopes of making money. Whether you are a Bitcoin...Read More
Nexo paid out $2,409,574.87 to token holders and reported an annualized dividend yield of 12.73%. Crypto lending firm Nexo has paid its token holders a total of $2,409,574.87 in dividends. Nexo reportedly has reached an annualized dividend yield of 12.73%. Nexo announced the completion of its dividend payments in a press release on Aug. 16....Read More
A Bitcoin SV developer has announced chatting and consulting services for other Bitcoin SV devs seeking help. Bitcoin SV blockchain developer and blockchain organization service Open Directory creator synfonaut has launched a consulting service called Office Hours. This service connects developers in need of assistance with experienced Bitcoin SV devs, for help on Bitcoin SV...Read More
FinCEN director Kenneth Blanco urged casinos to follow the agency’s guidelines in regards to suspicious convertible virtual currency activity. Kenneth A. Blanco, the director of the Financial Crimes Enforcement Network (FinCEN), has urged casinos to follow the agency’s guidelines in regards to suspicious convertible virtual currency (CVC) activity. During his speech at the 12th Annual...Read More
Who are the biggest hedge funds operating in crypto today and how much do they have invested in crypto and blockchain firms? The total market cap for all cryptocurrencies stands at $293 billion, and while much of this value has been generated by individual traders buying and selling their own private stashes of crypto, it’s also...Read More
CoinGecko has joined a blockchain analytics network focusing on anti-money laundering and know your customer issues in an effort to improve its exchange transparency services. Crypto market aggregator CoinGecko has joined the network of blockchain analytics and anti-money laundering (AML) company Coinfirm. This partnership will reportedly allow CoinGecko to improve its exchange Trust Score algorithm,...Read More
A recently concluded Nobl Insurance study reveals that the crypto market grew by a spectacular 48 percent in the period 2018 – 2019. Moreover, the study forecast that the American cryptocurrency market will continue to expand in the next 12 months. 25 Million Americans Are Considering Buying Crypto in the Next 12 Months Nobl Insurance...Read More
A Florida federal judge has denied self-proclaimed Bitcoin inventor Craig Wright’s motion to dismiss a lawsuit concerning the alleged theft of a huge amount in Bitcoins from a former business partner, Dave Kleiman. According to a court filing from August 15, Florida judge denied a request made by Craig Wright to scamper a lawsuit filed...Read More
Overstock.com, the retail giant firm, has just announced that it will be paying dividends to its shareholders in digital shares powered by an affiliate company, tZero. The CEO has expressed commitment to a blockchain capital market. Overstock, the American retail firm, has announced on Tuesday the 30th that it will be paying stock dividends to...Read More
