The Number of Credit Karma Tax filers that reported short-term crypto losses in the first month of 2019 surged 521 percent over the same period in 2018. The amount of Credit Karma Tax filers that reported short-term crypto losses in the first month of 2019 surged more than fivefold over the same period in 2018, […]
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The U.S. SEC has issued a no-action letter to TurnKey Jet, confirming that the TKJ tokens issued during the startup’s ICO are not securities. On April 3, the United States Securities and Exchange Commission (SEC) has issued a no-action letter to TurnKey Jet, confirming that the TKJ tokens issued during the startup’s initial coin offering […]
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The European Union announced the launch of the International Association of Trusted Blockchain Applications. The European Union announced the launch of the International Association of Trusted Blockchain Applications (INATBA) on its official website on April 3. According to a Cointelegraph representative who attended today’s ceremony at the European Commission in Brussels, the more than 100 […]
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Algorithmic trading funds might have triggered the recent market recovery, Bloomberg reports. The recent crypto market jump could be linked to algorithmic trading, Bloomberg writes on Wednesday, April 3. Algorithmic trading — a method that uses automated software to detect trends and determine when trades should be made — has been on the rise in […]
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Two staff members at the SEC have published a framework in order to help market participants tell if their offerings are securities. Staff at the United States Securities and Exchange Commission (SEC) have published a framework to help market participants ascertain whether or not a digital asset is deemed to be an investment contract, and […]
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What do you think about stablecoins? Reply! On the one hand, stablecoins have no extreme volatility as they are pegged to other assets like USD or gold. On the other, the peg can sometimes be lost, and arguably the most popular stablecoin (USDT) is mainly known for being the most controversial. Today, we invite you […]
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Offchain Labs has raised $3.7 to disrupt major problems in blockchain such as privacy and scalability. Offchain Labs, a blockchain startup co-founded by a professor at Princeton University, has raised $3.7 million in a seed round led by crypto hedge fund Pantera Capital, TechCrunch reports on April 3. The new funding round was also supported […]
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Following a successful pilot in January, the Jamaica Stock Exchange will launch a limited live-trading pilot with BTC and ETH. The Jamaica Stock Exchange (JSE) will soon carry out a limited pilot to trade Bitcoin (BTC) and Ethereum (ETH), according to a press release on Apr. 3. The JSE has signed a master agreement with […]
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The company also reportedly generated about $7.7 million in revenue through its cryptocurrency mining. Biotechnology company turned mining firm Riot Blockchain reported a 2018 net loss of about $58 million in its financial report released on April 2. Per the report, the company’s net loss was primarily attributable to the noncash aggregate impairments, depreciation, amortization […]
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Bitcoin is now hovering around $5,000, as the cryptocurrency markets are on their third day of gains. Wednesday, April 3 — Bitcoin (BTC) has tested the $5,000 mark for the first time since November 2018, as crypto markets are on the rise for the third day in a row. While some major cryptocurrencies are seeing […]
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