Nexo paid out $2,409,574.87 to token holders and reported an annualized dividend yield of 12.73%. Crypto lending firm Nexo has paid its token holders a total of $2,409,574.87 in dividends. Nexo reportedly has reached an annualized dividend yield of 12.73%. Nexo announced the completion of its dividend payments in a press release on Aug. 16. […]
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A branch of U.S. Customs and Border Protection will test blockchain-based shipping for licensed shipping partners. A United States Customs and Border Protection (CBP) advisory committee, is planning to launch a live test of its blockchain-based intellectual property rights proof of concept. The Commercial Customs Operations Advisory Committee (COAC) will run its tests from late […]
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Who are the biggest hedge funds operating in crypto today and how much do they have invested in crypto and blockchain firms? The total market cap for all cryptocurrencies stands at $293 billion, and while much of this value has been generated by individual traders buying and selling their own private stashes of crypto, it’s also […]
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FinCEN director Kenneth Blanco urged casinos to follow the agency’s guidelines in regards to suspicious convertible virtual currency activity. Kenneth A. Blanco, the director of the Financial Crimes Enforcement Network (FinCEN), has urged casinos to follow the agency’s guidelines in regards to suspicious convertible virtual currency (CVC) activity. During his speech at the 12th Annual […]
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Coinbase resets the passwords of over 3,000 customers in response to a bug that logged their real passwords in clear text. Major crypto platform Coinbase has emailed 3,420 Coinbase customers to disclose an accident with customer registration. Some registration details were apparently stored in clear text on the logs of Coinbase’s internal server, with affected […]
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CoinGecko has joined a blockchain analytics network focusing on anti-money laundering and know-your-customer issues in an effort to improve its exchange transparency services. Crypto market aggregator CoinGecko has joined the network of blockchain analytics and anti-money laundering (AML) company Coinfirm. This partnership will reportedly allow CoinGecko to improve its exchange Trust Score algorithm, as well […]
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The over 5 million merchants registered with the Thai QR code system can now accept payment in privacy-focused cryptocurrency Zcoin. Privacy-focused cryptocurrency Zcoin is now available for spending in Thailand at any merchant registered with the Thai QR code system through Satang App. According to an announcement published by Zcoin on Aug. 15, over 50 […]
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More than 10,000 taxpayers with crypto transactions will receive letters from the IRS by the end of August. The IRS has begun sending letters to people with digital currency transactions who may have failed to report income and pay taxes, or who did not report their transactions properly. By the end of August, more than 10,000 taxpayers […]
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The crypto market is seeing mixed movement but Ether price and Bitcoin price are among those in the green. Friday, Aug. 16 — Bitcoin (BTC) and Ether (ETH) are seeing some upward movement as XRP continues to slump. Market visualization. Source: Coin360 Bitcoin is trading at $10,480 at press time, representing a 4.58% price increase […]
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Ex-champion American boxer Mike Tyson refutes involvement with Fight to Fame, a blockchain project alleged to be a fraudulent scheme. Disclaimer: This story is a follow-up to a piece published by Cointelegraph Aug. 13, which appears to be based on flawed sources and which should consequently be considered incorrect. American legendary professional boxer Mike Tyson […]
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