Chilean banks urge anti-monopoly court to revoke its decision that impedes blocking crypto exchanges’ banking accounts. Two major Chilean banks have urged the country’s anti-monopoly court to revoke its decision that prevents the closure of local crypto exchanges’ banking accounts. This development was reported by Chilean newspaper La Tercera on Thursday, Dec. 20. Banco del […]
Continue Reading
An article from The Wall Street Journal has suggested investors should sell and then repurchase their Bitcoin (BTC) as a strategy to save on taxes. An article published Dec. 21 by The Wall Street Journal (WSJ) has suggested investors should sell and then repurchase their Bitcoin (BTC) as a strategy to save on taxes. In […]
Continue Reading
Three figures at Upbit and owner Dunamu are under investigation after South Korea’s financial regulator complained to authorities. South Korea’s largest cryptocurrency exchange Upbit has denied accusations it had manipulated its order book after regulators indicted three of its staff, local English-language news outlet The Korea Times reported 21. Upbit, which is owned by developer […]
Continue Reading
Sources familiar with the matter told Bloomberg that Facebook is developing a cryptocurrency for transfers in WhatsApp. Facebook is reportedly making a cryptocurrency for users of the messaging service WhatsApp, Bloomberg reports on Dec. 20. The token will purportedly be used for money transfers made within the app, and will focus on the remittances market […]
Continue Reading
U.K.-based blockchain infrastructure firm Parity launched a beta version of its tool Substrate, with which users can create customized blockchains. United Kingdom-based blockchain infrastructure provider Parity has launched a beta version of Substrate, its tool for creating customized blockchains, according to a press release published Tuesday, Dec. 18. The release states that Substrate is designed […]
Continue Reading
Blockchain tech company ConsenSys could reportedly cut 50 to 60 percent of its staff amidst the market slump. Blockchain software technology company ConsenSys may reportedly be making significant cuts to its staff, technology news outlet the Verge reported Dec. 20. Citing a source familiar with the matter, the Verge reports that ConsenSys is spinning out […]
Continue Reading
Blockstream’s satellite service hopes to increase the footprint and accessibility of the Bitcoin network around the world. Bitcoin’s wireless broadcast footprint has been expanded substantially thanks to Blockstream’s most recently leased satellite. The blockchain development firm confirmed it has leased a fifth satellite on Dec. 17, which is being used to broadcast the Bitcoin blockchain […]
Continue Reading
Venture capitalist Peter Thiel has purportedly invested in digital currency investment platform Layer1. Venture capitalist and PayPal co-founder Peter Thiel has invested in cryptocurrency investment platform Layer1, according to a press release published Dec. 19. San Francisco-based Layer1 has concluded a $2.1 million seed funding round backed by such industry players as Thiel, crypto-focused venture […]
Continue Reading
Former AQR Capital Management exec: despite the massive crypto collapse, markets deserve a “B+ grade” in 2018. Despite a massive sell-off this year, a former AQR Capital Management executive gave crypto markets’ 2018 performance a “B+ grade” in an op-ed for Bloomberg, Dec. 20. Aaron Brown — AQR’s former Chief Risk Manager and an author […]
Continue Reading
30 major Chinese media outlets established a new alliance for copyright protection using blockchain technology. A media copyright protection alliance has been established in Beijing to provide copyright protection services using blockchain technology, according to the Chinese state-owned International Finance News on Dec. 19. The newly established alliance — the “China Financial Media Copyright Protection […]
Continue Reading