Overall losses not as bad as expected for altcoins as Bitcoin price dives under $10,000 once again. Bitcoin (BTC) stayed lower on Sept. 19 after yet another sudden bout of volatility sent the largest cryptocurrency below $10,000. Market visualization. Source: Coin360 Bitcoin lingers in four-figure zone Data from Coin360 showed BTC/USD stabilize at just below […]
Continue Reading
A U.S. judge ruled that Craig Wright must give up half of what he and Dave Kleiman mined together — but how much is that? Since early 2018, Craig Wright, a controversial Australian computer scientist and tech entrepreneur, has been the defendant in a lawsuit filed on behalf of the estate of Dave Kleiman, Wright’s late business […]
Continue Reading
American e-commerce giant Overstock is working on the liberalization of its planned digital dividend shares trading. American e-commerce giant Overstock hopes to liberalize its planned digital dividend shares trading. According to a Sept. 18 press release, Overstock is working with regulatory authorities on making its digital asset-based dividend freely tradable by non-affiliates following distribution. As […]
Continue Reading
New York financial watchdog approves three stablecoin offerings including BUSD, backed by Paxos and Binance. A sign of things to come? Over the course of the past few weeks, the global cryptocurrency community bore witness to two major announcements related to stablecoins — with the first being the launch of Paxos’s gold-backed Ethereum token, PAX […]
Continue Reading
A smartphone-focused cryptocurrency network created by a group of Stanford graduates has amassed over half a million users. A smartphone-focused cryptocurrency network created by a group of Stanford graduates has amassed over half a million users. The Stanford Daily reported on Sept. 16 that the project — dubbed the Pi Network — has consolidated its […]
Continue Reading
The IRS is using unreliable tax forms received from cryptocurrency exchanges to come after traders. Over the past month, we have seen the IRS, the tax collecting agency of the United States, send out more than 10,000 warning and action letters to suspected cryptocurrency holders and traders who may have misreported digital assets on their […]
Continue Reading
CEO of VanEck Associates Jan Van Eck said that the company is now offering a type of exchange-traded product with exposure to Bitcoin. The CEO of investment management firm VanEck Associates, Jan Van Eck, said that the company is now offering a type financial product with exposure to Bitcoin (BTC). In an interview with CNBC […]
Continue Reading
Nasdaq has launched a decentralized finance index including crypto assets of projects like 0x, MakerDAO and Augur. Major United States stock exchange Nasdaq has unveiled a blockchain decentralized finance (DeFi) index Defix (DEFX). According to a Defix press release published on Sept. 9, brokerage firm Exante streamlined the launch of the Defix index. A disparate […]
Continue Reading
New product the company says “looks and feels like” a Bitcoin ETF falls flat trying to appeal to its high-end client base. Investment management firm VanEck has issued just 4 bitcoins (BTC) via its new trust focused on institutional investors. VanEck: one week, one Bitcoin basket Data from the company, spotted by economist and cryptocurrency […]
Continue Reading
Bitmain announced two new S17 series Bitcoin miners and a delivery delay compensation program. Leading mining Application Specific Integrated Circuit (ASIC) producer Bitmain announced two new S17 miners in a press release shared with Cointelegraph. The two new mining ASICs, namely the S17e and the T17e, will both be launched on Sept. 9. The company […]
Continue Reading