Crypto developers in Iran have created a charity platform for crypto donations in an effort to bypass United States sanctions. Volunteer cryptocurrency developers in Iran have created a blockchain platform called IranRescueBit, which allows people to make charitable cryptocurrency donations to aid regions in the country in recovering from destructive flooding. Al Jazeera shared the […]
Continue Reading
Naughty North Korea has stolen billions in crypto, India could be missing out on billions in crypto, and Litecoin’s halving disappoints. U.S. Federal Reserve launching payment system, crypto bulls nonplussed The United States Federal Reserve left some crypto enthusiasts unimpressed this week when it unveiled plans to release a real-time payments and settlements service. Known […]
Continue Reading
U.S.-China trade war escalates, China is stepping up national crypto development, anonymous PBoC source says crypto “brings both risks and opportunities.” After a short stay in the red zone, Bitcoin (BTC) has recovered toward $12,000, with traders turning bullish as ever. Experts call the United States-China trade war a key reason for the main cryptocurrency’s price […]
Continue Reading
The CEO of an Indian crypto and blockchain research company estimates that the country will lose out on almost $13 billion with a ban on crypto. Sidharth Sogani, the CEO of crypto and blockchain research firm Crebaco Global Inc, believes that India will lose around $12.9 billion worth of market if cryptocurrency is banned in […]
Continue Reading
In a major escalation against socialist president Nicolás Maduro, Donald Trump’s administration has frozen all Venezuelan government assets. In a major escalation against socialist president Nicolás Maduro, Donald Trump’s administration has frozen all Venezuelan government assets. The United States’ hawkish move has been reflected in a new all-time-high for peer-to-peer trading volume on LocalBitcoins in […]
Continue Reading
State-sponsored attacks on exchanges and banks generated considerable revenue under sanctions, new report claims. North Korea has netted around $2 billion by hacking banks and cryptocurrency exchanges, according to the United Nations (U.N.). UN: Hacked crypto funds weapons of mass destruction In a confidential report acquired by mainstream media outlets including Reuters on Aug. 5, […]
Continue Reading
Iran’s government released a new law that does not accept crypto as legal tender or recognize transactions carried out with cryptocurrency. The Iranian government has instituted a new law that does not accept crypto as legal tender or recognize domestic transactions carried out with cryptocurrencies. On Aug. 4, the Cabinet of Iran ratified and released […]
Continue Reading
Cryptocurrency compliance company Elliptic has released the Elliptic Data Set geared toward identifying cryptocurrency transactions associated with money laundering. Cryptocurrency compliance company Elliptic has released the Elliptic Data Set, geared toward identifying cryptocurrency transactions associated with money laundering (AML). The development was announced in a press release shared with Cointelegraph on Aug. 2. Making the […]
Continue Reading
S7 Airlines processed over $1 million through their blockchain payment system in July. S7 Airlines, a member of major global aviation alliance Oneworld, processed over $1 million through its blockchain payment system for the month of July. S7 processed nearly $4 million in payments on its blockchain platform since January 2019 According to an official […]
Continue Reading
Who represents crypto in a U.S. Congressional hearing dubbed “Examining Regulatory Frameworks for Digital Currencies and Blockchain”, weeks after Facebook’s Libra is discussed… Today, on July 30, United States lawmakers will once again gather to debate cryptocurrency and blockchain policy in a hearing dubbed “Examining Regulatory Frameworks for Digital Currencies and Blockchain.” The hearing is […]
Continue Reading