Check out this week’s Bad Crypto News. The halving came and the halving went, which means that miners now only get 6.25 Bitcoins for each block and we only have about 1450 days to wait until the next one. That’s something to look forward to, especially as this halving didn’t seem to do much harm. […]
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SBI Holdings started a joint venture fund with Redstone Digital, BitFlyer exchange aired a commercial, and more headlined news from Japan this past week. This week’s headlines from Japan included SBI Holdings pairing up with Redstone Digital for a joint venture fund, LayerX teaming up with GMO Aozora for digitalization research, Decurret working to put […]
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Data indicates that someone was propping up Bitcoin Cash at a loss prior to the halving. Since it was first launched back in August 2017, Bitcoin Cash (BCH) has failed to make an impact in terms of metrics like price and trading volume. Having said that, the altcoin, whose roots can be found in the […]
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ErisX rolls out CFTC-regulated, physically-settled ETH futures contracts to U.S. traders, but positive spot price action is not a certainty. Crypto exchange platform ErisX is bringing Ether (ETH) futures trading to the United States, becoming the second cryptocurrency derivatives product on offer in the country. The announcement came only a few days after the Chicago-based, […]
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There is no denying that you should be paying taxes on your income from crypto, but how can you ensure that you are not paying more taxes than you owe? Many crypto holders are reporting their crypto transactions for the first time as a result of the United States Internal Revenue Service’s question about “virtual […]
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Spencer Dinwiddie has launched a crowdfunding campaign in a bid to sell his NBA contract to his fans for the cash equivalent of 2,625.8 BTC. The latest development in pro basketballer Spencer Dinwiddie’s efforts to tokenize his NBA contract has seen the star launch a Gofundme campaign in an attempt to raise the cash equivalent […]
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A new project from Accenture and Fujitsu aims to solve DLT interoperability and joins the Hyperledger Greenhouse. While interoperability continues to pose serious challenges for enterprises leveraging blockchain networks, companies may be one step closer to breaking down these barriers. An open-source project initiated by Fortune 500 company Accenture and Fujitsu joined Hyperledger’s Greenhouse on […]
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Qiwi co-founder Sergey Solonin has confirmed that he is taking the option to reissue his $17 million investment in Telegram’s TON as a loan, repayable at 110% next April, over an immediate 72% refund. Sergey Solonin, co-founder of the Qiwi group, and TON investor to the tune of $17 million has decided to reissue his […]
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A crypto exchange from Mexico launched an initiative to gather COVID-19-related donations through cryptocurrencies. Mexican cryptocurrency exchange, Bitso, joined forces with the crowdfunding platform, Donadora, to launch a crypto-based donation system. The platform will help gather funds to buy food for the most vulnerable families affected by the COVID-19 crisis. According to a report published […]
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An amended complaint accuses Nvidia of misrepresenting over $1B in sales to downplay the firm’s reliance on sales to crypto miners. An amended class action complaint filed against Nvidia Corp has accused the firm of violating the Securities Exchange Act by downplaying the extent to which its gaming revenues relied on GPU sales to cryptocurrency […]
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