California Bill Would Legalize Crypto for Tax Payments From Cannabis-Related Businesses

California legislators have introduced a bill that would require the state to accept stablecoins from cannabis-related businesses seeking to pay their excise or cultivation taxes. Lawmakers in the United States state of California have introduced a bill to allow cannabis-related business to pay fees and taxes in stablecoins. The bill was introduced by the California […]

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Ethereum’s Constantinople, St. Petersburg Upgrades Have Been Activated

The Ethereum mainnet’s latest update, Constantinople and St. Petersburg, went live at block 7,280,000. The Constantinople and St. Petersburg network upgrades for the world’s second largest cryptocurrency, Ethereum’s (ETH), occurred today Feb. 28, according to ethstats.net. Specifically, the updates went live on the main network at block 7,280,000, in accordance with previously released schedule. Although […]

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After a Brief Decline, Crypto Market Cap Is Stable Around $130 Billion, Stocks Are Down

Crypto markets capitalization has been hovering around $130 billion after a major sell off on Feb. 24. Thursday, Feb. 28 — crypto markets continued trading sideways, while the total market capitalization has remained stable around $130 billion after a major sell off on Feb. 24, according to CoinMarketCap. Market visualization from Coin360 Bitcoin (BTC) is […]

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Hong Kong Entrepreneur Who ‘Made It Rain’ from High-Rise Arrested for Crypto Mining Fraud

A purported Bitcoin millionaire, allegedly involved in a publicity stunt throwing money from a high-rise in Hong Kong, is now accused of mining-related fraud. A purported Bitcoin millionaire (BTC) who was previously involved in “making it rain cash” on the streets of Hong Kong, has reportedly been arrested for mining-related fraud, the South China Morning […]

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Swiss Crypto Bank Warns Customers About Company Masquerading as Partner

Switzerland-based online crypto bank Dukascopy has warned clients about a “clone” company GCG Asia claiming to be affiliated with the bank. Switzerland-based cryptocurrency bank Dukascopy has warned customers that forex trading company GCG Asia is fraudulently claiming to be the bank’s authorized firm in an announcement published on Feb. 27. In the announcement, Dukascopy Bank […]

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New York Times: Facebook Reportedly Shopping ‘Facebook Coin’ to Crypto Exchanges

According to the Times, five sources that claim to have been briefed with the project have confirmed Facebook’s progress on its crypto. Facebook is “hoping to succeed where Bitcoin failed” with its highly secretive cryptocurrency project, a New York Times (NYT) article published today, Feb. 28, argues. Citing multiple anonymous sources who spoke on the […]

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