Trader and YouTuber Tone Vays said the U.S. Fed’s new digital dollar is nothing different than the current system. Markets trader and YouTuber, Tone Vays, says the United States’ digital dollar proposal is no different than the current system, except for its ties to the country’s federal reserve. “There is nothing technologically new here, whatsoever,” […]
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Mt Gox trustee drafts rehabilitation plan that would see claims in fiat currency, BTC, and BCH processed in their requested form. The trustee for the defunct Mt. Gox cryptocurrency exchange has drafted a rehabilitation plan for creditors. The plan will see claims for fiat currencies, Bitcoin (BTC), and Bitcoin Cash (BCH) honored in their requested […]
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Bitcoin mining’s difficulty will decrease tomorrow, and it may be an ominous sign for the coin’s price. On March 25, Bitcoin (BTC) mining difficulty will decrease. The last time a downward adjustment took place, Bitcoin price plummeted more than 50% percent. Bitcoin difficulty Bitcoin’s difficulty is designed to adjust every 2016 blocks — or approximately […]
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Square, Inc. is forced to adjust first-quarter estimates by $800 million due to the coronavirus crisis despite Bitcoin’s growth. Square’s Bitcoin (BTC) revenue continues to grow, even as the popular payments app lowers its first-quarter revenue estimates by $800 million due to the coronavirus crisis. According to a company announcement on March 24, COVID-19 was […]
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Charles Hoskinson says Wikipedia won’t let Cardano have its own page despite it being “the most cited of all of the peer reviewed coins”. On March 24, Cardano (ADA) founder, Charles Hoskinson, streamed a YouTube video titled “On Wikipedia,” in which he berated Wikipedia for applying arbitrary commercial censorship against Cardano. Wikipedia’s censorship of Bitcoin […]
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Programmable artwork changes dynamically in response to the price of Bitcoin. A San Francisco-based experimental art movement has created what they describe as an ‘autonomously programmed art piece’ that changes appearance as the price of Bitcoin fluctuates. Asynchronous Art revealed Matt Kane’s “Right Place & Right Time” today, an artwork that evolves dynamically in response […]
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What is the correlation between the ransomware landscape and the cryptocurrency industry, and what to expect in the future? Cryptocurrency and ransomware have had a long history together. They are so closely intertwined, in fact, that many have blamed the rise of cryptocurrency for a parallel rise in ransomware attacks. Ransomware attacks are certainly increasing […]
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Bitcoin price has rebounded but is now stuck in a range between $6K-$8K with less than 50 days left before BTC miner block rewards are cut in half. Bitcoin (BTC) is trading at $6,670 representing a 1% gain in the last 24 hours but a gain of 14.66% off the weekly open at $5,815. Looking […]
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Tax primer for retailers and e-tailers who want to use crypto. During 2019 alone, thousands of merchants worldwide were accepting Bitcoin (BTC) as a payment method. Despite this, a lot of current and would-be merchants are confused about how to pay taxes on their cryptocurrency sales. This guide was created by a United States business […]
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Mt. Gox court cases see no end as creditors continue to wait for their funds, but could another event like Mt. Gox take place given the current market volatility? Mt. Gox’s creditors will meet today, March 25, as part of a compensation process that seems to go on and on. This news comes at a […]
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