VEN, BNB, NEM: Lesser-Known Cryptos Outperform Amid Bitcoin Slump

12 hours ago admin2 0
It’s been another gloomy week for the cryptocurrency markets, but, even so, NEM’s XEM token and a couple of lesser-known altcoins managed to finish up with overall gains. The total value of all cryptocurrencies fell to $316 billion on Thursday – down 61.9 percent from the record high of $830 billion set in January, according Read More

Bitcoin May See Relief Rally, But Bottom Still Elusive

1 day ago admin2 0
Bitcoin (BTC) may see a corrective rally following losses this week, but it is still too early to call a bottom, the technical charts indicate. The cryptocurrency has spent a better part of the last 24 hours trading in a roughly sideways manner in the narrow range of $8,400-$7,900, according to CoinDesk’s Bitcoin Price Index Read More

Bill Promises to Rid New York of Bitlicense Fees

1 day ago admin2 0
Economy & Regulation A bill that may turn New York into a friendlier place for crypto entrepreneurs has been introduced in the state’s Assembly. The draft is intended to “safeguard” cryptocurrency business activity and “prohibit” licensing fees. Its sponsors want to replace the costly Bitlicense regulations with a licensing regime based on audits. The aim Read More

Brazilian Officials Caught Using Bitcoin in $22 Million Scam

3 days ago admin2 0
Police officials in Rio de Janerio have uncovered a money laundering scheme in which state officials siphoned off money intended for prison supplies, using bitcoin to exchange some of the proceeds. The scam involved misstating the budget spent on food for state-run prisons, ultimately diverting funds worth $22.4 million – though only a small portion of the Read More

What Should Be in an ICO White Paper? Expert Take

4 days ago admin2 0
In our Expert Takes, opinion leaders from inside and outside the crypto industry express their views, share their experience and give professional advice. Expert Takes cover everything from Blockchain technology and ICO funding to taxation, regulation, and cryptocurrency adoption by different sectors of the economy. If you would like to contribute an Expert Take, please Read More

Square Seeks BitLicense to Bring Bitcoin Buying to New York

4 days ago admin2 0
Digital payments company Square is in the process of applying for a BitLicense in a bid to expand its Cash App’s bitcoin buying option to New York. A spokesperson for Square confirmed the process following a tweet on Tuesday that suggested the company was “working on” opening up bitcoin buys and sells to users in that Read More

India Can’t Regulate Bitcoin Says Official

4 days ago admin2 0
Regulation Indian authorities have been struggling to grasp the crypto phenomenon for quite some time now – years, to be more precise. The inability to fully understand it and put it under control has resulted in a state of semi-denial: “it’s illegal”, officials repeat tirelessly, but also keep trying to tax it. It doesn’t help Read More

Dutch Finance Minister Calls for ICO Regulations

1 week ago admin2 0
Dutch finance minister Wopke Hoekstra issued a letter to parliament on Thursday advocating for an international approach to cryptocurrency regulation. His initial focus is new consumer protections, public documents suggest. To start, Hoekstra wants to talk with credit card companies about potentially instituting stronger protections for people who buy cryptocurrency with credit cards, for example. Under some Read More

Crypto Mining Company Hut 8 Commences Trading On Toronto Stock Exchange

1 week ago admin2 0
Image by FabreGov via Hut 8 Mining Corp., a cryptocurrency mining and blockchain infrastructure company, began trading on the TSX Venture Exchange on Tuesday, “a milestone for the growth of blockchain and cryptocurrency companies,” according to Valery Vavilov, CEO of the BitFury Group and a member of the board of directors of Hut 8. Read More