CipherTrace seeks to fill the “blind spot” in crypto compliance with the launch of Armada. April 28, CipherTrace launches Armada, a product designed to eliminate risky cryptocurrency blind spots for banks and financial institutions. Unlike other products by CipherTrace and many similar products by its competitors, Armada focuses on the off-chain data instead of on-chain […]
Continue Reading
Cryptocurrency mining operations could move to alternative energy solutions to maintain and boost profitability in the next five years. Over the last decade, cryptocurrency mining has been given a bad rap for the sheer amount of electricity required to power the industry. Back in 2017, it was pointed out that the collective power consumption of […]
Continue Reading
Bitcoin faces a crucial test at the weekly close, Bloomberg says BTC is setting up for a 2017-like bull run, and hodlers take action as May’s halving draws nearer. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation […]
Continue Reading
Recent turbulence has brought traditional tools such as circuit breakers to the forefront of crypto community discussions. Since the inception of Bitcoin, volatility has been a part of the cryptocurrency narrative even before exchanges and the current mainstream mentions. Now that traditional markets are showing volatility further exacerbated than anti-fragile cryptocurrency during the coronavirus pandemic, […]
Continue ReadingThe coronavirus pandemic is a make-or-break situation for crypto banks as many see opportunities despite the obvious setbacks. As 2020 staggers on, the scourge of the coronavirus is showing no sign of relenting any time soon. Since the reality of the pandemic took hold, it has revealed itself to be a black swan the likes […]
Continue ReadingVitalik Buterin has taken a veiled swipe at Craig Wright and nChain saying they don’t understand blockchain. Ethereum founder Vitalik Buterin has taken a veiled swipe at Satoshi claimant Craig Wright over his blockchain patent portfolio, resulting in a heated debate on Twitter. Buterin said that anyone who brags over blockchain patents does not understand […]
Continue Reading
With the Bitcoin halving less than three weeks away, pundits predict the hash rate distribution to revert to the optimized pre-halving state. With the Bitcoin (BTC) halving only weeks away, anticipation appears to be building up as Google Trends data for the event show online searches reaching an all-time high. Bitcoin’s block reward halving comes […]
Continue Reading
Is it possible to share personal data in order to help to fight the global pandemic and keep this data anonymous to protect your privacy? The headlines are scary. Millions of infections — over 170,000 deaths. Nothing will ever replace the lives lost or bring back pre-COVID-19 “normal” again. While our hearts and deepest sympathies […]
Continue Reading
In response to the coronavirus pandemic, the IRS is updating some important guidelines and procedures to make them easier. Many investments these days seem volatile, but there are few asset classes that have been as volatile as crypto. If you have losses, you might have trouble claiming them, offsetting gains or reducing your income. In […]
Continue Reading
Bitcoin’s birth and price surges have been marked by inflationary moves by the U.S. central bank, and 2020 should thus follow, PlanB argues. Bitcoin (BTC) price bull markets coincide with one specific macroeconomic trend — and the next may now be around the corner. In a Twitter debate on April 18, PlanB, the vocal analyst […]
Continue Reading