New York state assemblyman Clyde Vanel has announced the creation of a crypto task force aimed at studying how to properly regulate, use, and define digital currency. An assemblyman of the New York state (NYS) legislature announced in a Facebook post on Jan. 3 that the state will have the nation’s “first” cryptocurrency task force. […]
Continue ReadingFor Bitcoin’s 10th anniversary, we remember the brightest FUD of 2018: from Tulip Mania to Dr. Doom calling Vitalik a “dictator for life.” Ten years ago, on Jan. 3, 2009, the Bitcoin (BTC) network was created. Since then, the asset’s price has famously been subject to volatility. That, along with the inceptive crypto’s focus on […]
Continue ReadingMajor currencies remain in the green, Bitcoin is holding the $3,800 mark, and Ethereum overtook Ripple as top altcoin. Wednesday, Jan. 2 — The main cryptocurrencies have mostly been in the green for two days now, according to data from Coin360. Bitcoin (BTC) is still over $3,800 mark, while Ethereum (ETH) has regained the top […]
Continue ReadingJapanese e-commerce conglomerate DMM.com Ltd. will shut down its crypto mining business, citing deteriorating profitability. Japanese e-commerce conglomerate DMM.com Ltd. will shut down its crypto mining business, citing deteriorating profitability as the main cause. Local business magazine Toyo Keizai reported the shutdown on Dec. 30. The decision was reportedly taken in September 2018, and initial […]
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Scott Galit, CEO of New York-headquartered payments processing firm Payoneer, says a single global, non-fiat currency such as Bitcoin is unrealistic. Scott Galit, CEO of New York-headquartered payments processing firm Payoneer, says a single global, non-fiat currency such as Bitcoin (BTC) is unrealistic. Galit made his remarks during an interview with CNBC published on Dec. […]
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A South Korean judge has ruled in favor of Bithumb after an investor had sued the firm over his loss of around $355,000 in an alleged hack. South Korean crypto exchange Bithumb has won a lawsuit in which an investor had sued the company for his loss of around $355,000 in an alleged hack. Local […]
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Digital Asset’s Blythe Masters has stepped down as CEO of Digital Assets for personal reasons. Blythe Masters, the CEO of Digital Asset, a tech company that builds products on distributed ledger technology (DLT), has stepped down, according to an announcement published Dec. 18. Per the announcement, Masters has requested to leave for personal reasons after […]
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sponsored A blockchain project led by the creator of PoS, Sunny King, revealed five milestones for 2019 to bring a “brand-new digital economy era.” A blockchain project with the ambition of being at the forefront of a “brand-new digital economy era” has unveiled its vision for 2019-2020, with five important milestones that will enable its […]
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Author of the “Crypto Anarchist Manifesto” has passed away at 67. Timothy C. May, co-founder of the cypherpunk activist movement and author of “The Crypto Anarchist Manifesto” has passed away at the age of 67. That information was first shared on Dec. 15 by alleged cypherpunk member Lucky Green via Facebook. According to Green, May […]
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Overstock subsidiary tZERO will develop a commodity sales token for an upcoming sale of cobalt. Private equity firm GSR Capital has contracted Overstock.com Inc.’s subsidiary tZERO Group Inc. to develop a smart contract token for a sale of cobalt, according to a press release published Dec. 17. tZERO and Hong Kong-based GRS Capital’s partnership is […]
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