The price of cryptocurrency Chainlink (LINK) was unphased by the Coronavirus driven crypto and stock market meltdown last week as it continues to climb higher. Chainlink’s (LINK) 27.48% gain over the past four days shows that the altcoin continues to function as an outlier when compared against the recent performance of other cryptocurrencies. This strong […]
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The Supreme Court of India strikes down the central bank’s controversial ban on banks’ dealings with crypto businesses. The Supreme Court of India has struck down the Reserve Bank of India’s (RBI) controversial ban on banks’ dealings with crypto-related firms. The court’s bench of Justices Rohinton Nariman, S Ravindra Bhat, and V Ramasubramanian, delivered the […]
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With the future of the crypto in India now tied to a Supreme Court case, exchanges are looking to derivatives trading. India has had a complicated relationship with crypto. While the nation holds a large number of crypto enthusiasts, many exchanges are concerned over the future of the industry. According to sources available to Cointelegraph, […]
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Facebook is scaling back its plan to release a new digital currency which could have potentially thrown global markets into chaos. Facebook may be considering modifying its plan for the 2020 release of the cryptocurrency Libra. When the social media giant introduced Libra last year, it did so claiming the cryptocurrency would be a simple […]
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Chicago-based Fintech company FinTank looks to launch a national SRO to help the crypto regulatory scene. Chicago-based fintech startup FinTank aims to launch a national self-regulatory organization, or SRO, in the United States. Headed up by former Chicago Board Options Exchange, or CBOE, trader David Carman and partner George Vukotich, FinTank’s SRO “will help regulate […]
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2020 has already been remarkably eventful for the crypto industry, and security breaches are no exception. As the cryptocurrency industry continues to mature, security remains a major challenge. Over the last few weeks, a number of cryptocurrency exchanges — namely, OKEx, Bitfinex, Digitex and Coinhako — have experienced security breaches. Although the attackers apparently did […]
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The developer behind decentralized finance protocol iEarn has quit the project citing a “hostile” and “entitled” community. Andre Cronje, the one-man development team behind decentralized finance (DeFi) protocol iEarn, has quit the project. Cronje cites a thankless experience with the DeFi community as the catalyst for his decision to leave. Speaking to Cointelegraph, Cronje states […]
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Representatives from Coinbase and Kraken fear that the IRS is overestimating the threat they pose to U.S. regulation. Representatives of major crypto exchanges today told the United States Internal Revenue Service that they want to see clear regulations rather than vague suspicion from the tax authority. In a March 3 panel that is a continuation […]
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A panel of experts spoke before the U.S. IRS on recent changes in crypto technology that are shaking up the world of taxation. It is no secret that the United States Internal Revenue Service is working to cope with the unique challenges of taxing cryptocurrencies. In the first of a series of panels today, March […]
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Shortly after delivering sceptical remarks on Bitcoin, SpaceX and Tesla CEO Elon Musk has praised major altcoin Dogecoin once more. Just over a month after delivering sceptical remarks on Bitcoin (BTC), SpaceX and Tesla CEO Elon Musk is apparently rooting for major altcoin Dogecoin (DOGE) again. Already known as a big fan of DOGE, Musk […]
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