Most of the top 20 cryptocurrencies are reporting moderate gains on the day as Bitcoin approaches the $11,500 mark once again. Saturday, July 6 — most of the top 20 cryptocurrencies are reporting moderate gains on the day by press time, as Bitcoin (BTC) hovers just under the $11,500 mark. Market visualization courtesy of Coin360 […]
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Blockchain software development BlockStream announced that its mobile wallet, Green Wallet, now supports the firm’s Liquid Network sidechain. Blockchain software development BlockStream announced that its mobile wallet, Green Wallet, now supports the firm’s Liquid Network sidechain in a blog post published on July 5. Per the announcement, users of the wallet can now store, send […]
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Iranian Assistant Minister of Trade says that US Congress is trying to stop BTC mining in Iran. Saeed Zarandi, Iranian Assistant Minister of Industry, Trade, and Supply, said that US Congress is working to stop Iran’s access to cryptocurrencies and Bitcoin (BTC) mining, as reported by local news service Al-Fars on July 6. According to […]
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Jeremy Allaire, CEO of payments company Circle, said that Facebook’s Libra will run in a closed-loop permission scheme, requiring a different regulatory approach. Jeremy Allaire, co-founder and CEO of payments company Circle, said that Facebook’s Libra will run in a closed-loop permission scheme that has its own requirements for regulation during an interview with Bloomberg […]
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Blockchain and AI are taking the tech world by storm. Discover what happens when the two are combined… What is the future of AI for blockchain? These applications are the tip of the iceberg. Potential use cases for AI and blockchain remain theoretical, but there are countless possibilities for the future. Indeed, the pairing has […]
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It might be possible to have your trust pay the lower corporate tax rate of 21% rather than your individual crypto tax rate. Robert W. Wood is a tax lawyer representing clients worldwide from the offices at Wood LLP in San Francisco. He is the author of numerous tax books and writes frequently about taxes […]
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A trading bot has stolen over $1 billion from synthetic asset platform Synthetix, but the error was quickly fixed, with no users affected… When Ethereum-based synthetic asset issuance platform Synthetix, which allows users to mint and trade synthetic currencies in a peer-to-peer fashion, lost track of more than 37 million synthetic Ether (sETH) on June […]
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Indian authorities arrest four individuals believed to be behind the crypto KBC, which allegedly used a pyramid scheme to encourage investments, promising a 100x ROI. The Criminal Investigation Department (CID) of India has arrested Vijay Prajapati, Dhiraj Patel, Kamruddin Syed, and Ashiq Shaikh, the alleged creators of the cryptocurrency KBC Coin, according to a report […]
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American investor Anthony “Pomp” Pompliano explains his investing strategy and skepticism towards fiat currency. American investor and co-founder of Morgan Creek Digital Assets Anthony “Pomp” Pompliano explained his investing strategy and skepticism towards fiat currency in an interview with Cointelegraph on July 5. When asked whether he thought that putting 50% of his wealth into […]
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Crypto markets are down on the day, with almost all coins in the top 20 down from 1% to 5% and bitcoin trading below $11,000. Friday, July 5 — the top-20 digital currencies by market capitalization are trading in the red zone, with only Chainlink (LINK) seeing daily gains, according to data from Coin360. Market […]
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