Infinite Fleet, under CEO Samson Mow, announced it would use the security tokens issued by STOKR as development funds. Infinite Fleet, a space adventure game, is partnering with blockchain marketplace STOKR to launch a security token offering (STO). In an April 20 blog written by Infinite Fleet, the gaming company announced it would use the […]
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Bitcoin price saw a minor correction to $6,850 as WTI crude oil futures imploded and dropped below $0. As reported earlier by Cointelegraph, the May 2020 Futures contract for West Texas Intermediate (WTI) Crude dropped more than 100% on Monday. At its worst the price reached negative $37.63, a phenomenon which has never occurred before. […]
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US traders have one more place where they can place bets on the future price of BTC. It’s becoming a little more common for exchanges to have the government’s blessing to trade BTC derivatives. Bitnomial Exchange is the latest to join this mostly private party, having received a so-called “order of designation” from the Commodity […]
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Oxford law researchers argue that crypto market regulation is necessary to prevent systemic risk in times of crisis. The recent phenomenon of people moving their assets into crypto as a safe haven in responding to the financial crisis has drawn the attention of the academic world. Per an Oxford University Law Faculty blog post from […]
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The app will enable users to convert fiat currency into BABB’s native token throughout Europe, which can be sent abroad. Crypto wallet banking and donation app BABB has announced on April 20 that they have incorporated a cash-out fiat gateway with GBP/EUR conversion in 36 countries in Europe. According to the official announcement, users can convert […]
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A survey of people familiar with crypto shows a stark contrast between public perception of crypto’s utility and what it is actually used for. A survey published by research firm Visual Objects has found food and clothing purchases to be the most common use cases for cryptocurrencies. The findings highlight a significant disparity between the […]
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Huobi’s HUSD minting amount of $4.2 million coincides with April 20 day. Today, April 20, Huobi has reportedly minted some 4,200,000 HUSD worth $4.2 million. According to data published by Whale Alert, this minting occurred around 7:30 GMT. Social media reactions saw users note this number’s similarities to today’s date — the 20th day of […]
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In response to the coronavirus pandemic, the IRS is updating some important guidelines and procedures to make them easier. Many investments these days seem volatile, but there are few asset classes that have been as volatile as crypto. If you have losses, you might have trouble claiming them, offsetting gains or reducing your income. In […]
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MicroBT has unveiled its coming series of 100 TH/s miners for the post-halving block rewards, igniting competition with Bitmain. Bitcoin (BTC) ASIC manufacturer MicroBT has revealed its new mining hardware, boasting a hash rate of 100 terahashes per second (TH/s). This product unveiling demonstrates that competition is heating up among major ASIC manufacturers, following Bitmain’s […]
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You can win as an investor during the pandemic, but there is one thing you shouldn’t do: panic. Investors are no strangers to extreme situations — history’s Great Depression is one of the best examples of this. However, the COVID-19 pandemic presents a new type of extreme situation. And the question racing through nearly every […]
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