Non-custodial peer-to-peer exchange HodlHodl announced Lightning Network support. Non-custodial peer-to-peer (P2P) bitcoin (BTC) exchange HodlHodl announced Lightning Network support in a Medium article published on June 5. The announcement claims that now “everyone is able to buy bitcoins and receive them directly into their Lightning wallet & sell bitcoins directly from their Lightning wallet.” The […]
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South Korean authorities will spend $677,000 to apply blockchain in the billing system of the national postal service. South Korea’s national postal service Korea Post is planning to apply blockchain technology to its billing system, local news agency News1 Korea reports on June 5. The initiative is a collaboration between the South Korean government and […]
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Most major cryptocurrencies have broken down of their first support. Has the recovery from the lows come to an end? The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when […]
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CalCPA has urged the FASB to initiate a project for accounting cryptocurrencies. The California Society of Certified Public Accountants (CalCPA) is seeking clarity on cryptocurrency holdings from the Financial Accounting Standards Board (FASB), according to a recent letter obtained by Cointelegraph. In the letter, CalCPA stated that accounting for digital currencies is not adequately captured […]
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While Japan’s new laws are welcoming for most crypto exchanges, as they expect more institutional investors, custodians and wallet makers are getting worried. On May 31, the Japanese House of Representatives amended two cryptocurrency-related laws, the Payment Services Act and the Financial Instruments and Exchange Act, which will come into effect in April 2020. Most […]
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Dutch billionaire John De Mol filed a lawsuit against Facebook over crypto ads using his image without permission. John De Mol, a Dutch billionaire responsible for the local Big Brother and The Voice shows, filed a lawsuit against Facebook over crypto ads using his image without permission, Reuters reports on June 5. Per the report, […]
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Cryptocurrency traders in Japan have failed to report crypto gains valued at $93 million as of March 2019. Japan-based entities have failed to report their crypto gains valued at 10 billion yen ($93 million) over the past several years by March 2019, local national newspaper Asahi Shimbun reports on June 5. According to Asahi, about […]
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Speculation remains over whether Jihan Wu will serve as chairman or CEO of Matrix, the upcoming crypto services startup. Ex-Bitmain CEO Jihan Wu could launch his newest venture next month, according to a report by The Block on June 5. One unnamed source told the website that the crypto services startup, called Matrix, “will be […]
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According to Kodak, its blockchain document management platform can help organizations achieve cost savings of up to 40%. Kodak Services for Business unveiled a blockchain-based document management platform during a two-day conference in New York, according to a news release published on June 5. The company says the technology enables businesses and governments to better […]
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Most of the top 20 cryptocurrencies are reporting moderate losses on the day as bitcoin holds over the $7,800 mark. Wednesday, June 5 — most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time, as bitcoin (BTC) holds over the $7,800 mark. Market visualization courtesy of Coin360 Bitcoin is […]
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