Exchange and cryptocurrency price aggregator CoinMarketCap is introducing new measures to combat fake volumes as part of a continuous iterative approach. CoinMarketCap has announced a new, iterative approach to provide credible exchange rankings following extensive community feedback and criticism. As part of an announcement made on May 13, the cryptocurrency price aggregator is set to […]
Continue ReadingLocal authorities reopen the case against lenders who reportedly refuse to work with cryptocurrency firms. Brazilian banks that have denied service to cryptocurrency companies are now being scrutinized by local authorities, according to a recent report from Folha de São Paulo. On May 20, the Administrative Council for Economic Defense, or CADE, voted to reopen […]
Continue ReadingOnly seven weeks after leaving Coinbase’s legal team, Brian P. Brooks will be taking over at the U.S. Treasury’s banking-focused bureau. Per a May 21 announcement from the United States Office of the Comptroller of the Currency (OCC), former chief legal counsel at Coinbase Brian P. Brooks will step in as the head of the […]
Continue ReadingBitcoin may provide some of the best solutions to drive a new economy in the post-COVID-19 world. Aren’t we all searching for a safe haven? Whether we mean literal shelter — four walls and a roof over our heads — or something more sophisticated, the craving for a dependable defense against random chaos has always […]
Continue ReadingEven though cross-chain systems are gaining more attention, experts believe it will take some time for this technology to evolve and mature. As per a detailed report released by accounting giant Deloitte at the World Economic Forum on the subject of blockchain interoperability, this fast-evolving technology still has some distance to tread before it can […]
Continue ReadingThe price of Bitcoin fell from $9,800 to $9,200, and it was most likely caused by five key factors. The price of Bitcoin (BTC) fell from $9,800 to as low as $9,200 on major exchanges overnight. It comes after BTC demonstrated relatively low volatility in the past week, ranging in between $9,900 and $9,500. The […]
Continue ReadingExchange reserves hit an 18-month bottom while miners keep selling despite lower revenues after the halving. Bitcoin (BTC) is failing to retake $10,000 due to a fresh wave of miner selling, fresh data suggests ten days after the halving. Compiled by monitoring resource CryptoQuant, the figures show that over the past five days, combined outflows […]
Continue ReadingOverstock has successfully distributed its controversial ‘digital dividend’ security token airdrop. Overstock has successfully distributed its ‘digital dividend’, issuing ‘OSTKO’ security tokens to its stockholders on a basis of one digital token for every ten company shares owned on May 19. In total, 4.37 million OSTKO tokens were airdropped to shareholders via transfer agent Computershare […]
Continue ReadingThe Philippine Institute for Peace, Violence and Terrorism Research has been tracking transactions made by local terror groups. A report published by the Philippine Institute for Peace, Violence and Terrorism Research (PIPVTR) reveals that terrorist groups related to Islamic State (IS) in Southeast Asia have recently made their first transactions using cryptocurrencies. According to the […]
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Coinbase will transition to a permanent “remote-first” future after the quarantine is over. U.S. crypto exchange Coinbase has announced it will transition to a “remote-first” workplace after the pandemic lockdown is over in an effort to guard against location-centric risks and to improve decentralization. In an open letter to all employees, Coinbase CEO Brian Armstrong […]
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