MakerDAO, the organization behind the Dai stablecoin, is making a bid for Dai to serve as a “real parameter” of dollar-pegged value for video game economies. MakerDAO, the organization behind the Dai (DAI) stablecoin, is making a bid for Dai to serve as a “real parameter” of dollar-pegged value for video game economies. As blockchain […]
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America’s largest bank, JPMorgan Chase, has settled a $1 million class-action lawsuit over unannounced changes to its credit cards’ fee schedule for crypto purchases. The sixth-largest bank worldwide, JPMorgan Chase Bank, has settled a lawsuit over unannounced changes made to the fee structure applied to cryptocurrency purchases made using its credit cards in 2018. The […]
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Bitcoin sees heavy losses on all short-term timeframes as a giant sell-off captivates markets on Thursday. Bitcoin (BTC) made further dramatic losses on March 12, falling below $6,000 for the first time since May 2019. Cryptocurrency market daily overview. Source: Coin360 Data from Coin360 and Cointelegraph Markets summarized the grim day for Bitcoin traders as […]
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The Australian tax authorities explain the approach behind their campaign to contact up to 350,000 crypto investors with reminder letters. This week, the Australian authorities launched a major campaign to prompt as many as 350,000 crypto investors to comply with their tax obligations. In an interview with Cointelegraph on March 12, a spokesperson for the […]
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U.S.-based cryptocurrency exchange Kraken is embracing traditional forex trading, going live with nine new fiat currency pairs as of today. United States-based cryptocurrency exchange Kraken is embracing traditional forex trading, going live with nine new fiat currency pairs as of today, March 12. From 14.30 UTC, users worldwide — notably excluding United States residents — […]
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Some of the biggest names in the Libra Association have joined a rival stablecoin project, which touts its mission as the promotion of financial inclusion using the blockchain. Some of the biggest names in Facebook’s embattled Libra Association have joined a rival stablecoin project, which touts its mission as the promotion of financial inclusion using […]
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Bitcoin stock traders panic as the U.S. president suspends flights to Europe, hinting at wide-ranging disruption continuing over coronavirus. Bitcoin (BTC) fell to around its lowest levels this year on March 12 as another wave of coronavirus panic gripped both cryptocurrency and traditional markets. Cryptocurrency market daily overview. Source: Coin360 BTC price sheds another 7% […]
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The creator of FarmVille is developing a blockchain game network that he claims will revolutionize the gaming experience by providing full ownership over in-game items. The creator of the popular Facebook game FarmVille, Eric Schiermeye, has transitioned to the blockchain gaming industry. Blockchain Game Partners, for which Schiermeyer is the founder and CEO, has announced […]
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Following a 20% expansion in ETH mining operations at Hive Blockchain’s Swedish facility, Cointelegraph spoke to Hive regarding contention in the ETH community and the company’s plans. Cryptocurrency mining company Hive Blockchain Technologies announced a two-phase plan to expand its Ether (ETH) mining operations at the company’s flagship GPU-based facility in Sweden by more than […]
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UC Berkeley’s blockchain incubator has welcomed 17 startups into its program, including a reverse auction loan platform and a cannabis-themed online game. The University of California Berkeley has announced the 17 latest startups to be accepted into its ‘Blockchain Xcelerator’ program. They include a Cannabis-themed mass-multiplayer online game (MMO), and a reverse auction loan platform. […]
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