Cryptocurrency mining hardware producer Ebang has suffered “significant decreases” in revenue in the second half of 2018. Ebang, a crypto mining ASIC hardware producer, has suffered “significant decreases” in revenue in the second half of 2018. This development was reported in documents submitted by the company to the Hong Kong Stock Exchange (HKEX) on Dec. […]
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Bermuda’s financial watchdog BMA has released a draft code of practice for crypto custodial services. Bermuda’s financial regulator has released draft regulation for crypto custodial services, according to an official press release issued on Tuesday, Dec. 18. The Bermuda Monetary Authority’s (BMA) draft regulatory document, entitled “Digital Asset Custody Code of Practice,” seeks to clarify […]
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The Securities and Commodities Authority of United Arab Emirates will introduce ICO regulation in the first half of next year. A financial regulator of United Arab Emirates (UAE) will introduce initial coin offering (ICO) regulations in the country by the end of the first half of next year. This development was reported by English-language local […]
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Crypto artist “cryptograffiti” has sold a tiny artwork in a “micro auction” in a bid to promote Lightning Network (LN) micropayments. Crypto artist “cryptograffiti” has sold a tiny artwork in a “micro auction” in a bid to promote Bitcoin (BTC) Lightning Network (LN) micropayments, according to a post from the artist’s Reddit handle published Dec. […]
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The number of crypto ATMs around the world kept growing in November, despite the recent market crash. The number of new crypto ATMs around the world continues to grow despite the recent crypto market collapse, according to data. Crypto teller locator Coin ATM Radar presented the data in a report published Monday, Dec. 10. Coin […]
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CEO Brian Armstrong is the first crypto entrepreneur to join billionaire-backed charity program The Giving Pledge. Coinbase CEO Brian Armstrong has become the first crypto entrepreneur to join billionaire-backed charity program The Giving Pledge, CNBC reports Friday, Dec. 21. Founded by moguls Bill Gates and Warren Buffett, the Giving Pledge campaign is now for the […]
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Chilean banks urge anti-monopoly court to revoke its decision that impedes blocking crypto exchanges’ banking accounts. Two major Chilean banks have urged the country’s anti-monopoly court to revoke its decision that prevents the closure of local crypto exchanges’ banking accounts. This development was reported by Chilean newspaper La Tercera on Thursday, Dec. 20. Banco del […]
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An article from The Wall Street Journal has suggested investors should sell and then repurchase their Bitcoin (BTC) as a strategy to save on taxes. An article published Dec. 21 by The Wall Street Journal (WSJ) has suggested investors should sell and then repurchase their Bitcoin (BTC) as a strategy to save on taxes. In […]
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Blockchain tech company ConsenSys could reportedly cut 50 to 60 percent of its staff amidst the market slump. Blockchain software technology company ConsenSys may reportedly be making significant cuts to its staff, technology news outlet the Verge reported Dec. 20. Citing a source familiar with the matter, the Verge reports that ConsenSys is spinning out […]
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Blockstream’s satellite service hopes to increase the footprint and accessibility of the Bitcoin network around the world. Bitcoin’s wireless broadcast footprint has been expanded substantially thanks to Blockstream’s most recently leased satellite. The blockchain development firm confirmed it has leased a fifth satellite on Dec. 17, which is being used to broadcast the Bitcoin blockchain […]
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