The xCurrent payment system and the xVia corporate payment API from fintech company Ripple are included in the single RippleNet brand. At the same time, a California-based company invested 750,000 in a BRD wallet, which will now add support for the XRP token. Representatives of Ripple reported on...
They heard senators' voices. Facebook loses some chief partners, like eBay, Stripe, Visa and MasterCard. Regulators and lawmakers criticised the Libra project, which brought to thought will the project even persist? Before the opening meeting of Libra Association in Geneva, which is planned to be...
The author of the initiative to create an alternative version of the digital currency Libra incorrectly provided information about some of the project participants. So, representatives of Tendermint, Chainlink, Web3 Foundation and Hashed denied their participation in it, CoinDesk reports. Earlier...
Coinbase has good news for customers of its professional trading platform. It is developing a new mobile app especially for them. The announcement about the innovative app was made on Thursday. The exchange claims that the app is going to bring more qualified mobile trading life to its Coinbase...
The custodial division of Coinbase announced its readiness to add support for GRAM tokens of the upcoming Telegram Open Network project. In addition to GRAM, Coinbase Custody is going to add Solana (SOL) and Orchid (OXT) coins after launching the respective networks. Company representatives...
Internal Revenue Service sent new guidance to cryptocurrency holders. The IRS published two documents (a ruling and a question-and-answer paper) on Wednesday. This is the first guidance since 2014, and it contains information about expected methods of reports about income from cryptocurrencies....
The head of the largest social network Facebook Mark Zuckerberg will testify before the Committee on financial services of the US House of Representatives. This was reported on the website of the department. Hearings on “studying the impact of Facebook on financial services and housing” will be...
Two Senate Democrats are warning three payment corporations to review their membership in the Libra Association and involvement with the crypto project of the Facebook. Senator Sherrod Brown of Ohio and Senator Brian Schatz of Hawaii are sure that Libra is a threat not only to the worldwide economy...
The current Executive Vice President of the European Commission for Financial Services and Economics Valdis Dombrovskis promised, in the event of his re-election to this post, to introduce new rules for regulating the cryptocurrency industry. It is reported by Reuters. According to him, in light of...
A class-action complaint accuses the corporations behind the Tether stablecoin of “propping and popping the largest bubble in history,” which led to a disappearance of $256 billion in crypto wealth. The complaint accuses the issuer of Tether of manipulating Bitcoin prices. The suing process...
On Monday, October 7, a meeting was held on the regulation of the crypto and blockchain industry in Ukraine. Representatives of the Ministry of Digital Transformation, the Verkhovna Rada, the Office of Effective Regulation (BRDO), as well as relevant associations and businesses participated in it....
After Facebook announced its plans about launching a cryptocurrency, it faced overwhelming scorn. And now everyone is sceptically tuned that the launch will be at the time Facebook has targeted. A crypto-futures exchange CoinFLEX is now offering derivatives that payout based on the likelihood will...
Armenian law enforcement authorities suspect a 22-year-old citizen of stealing $1,046,000 from the sale of equipment for cryptocurrency mining. In October last year, the suspect met with a potential buyer and offered him to purchase the Z9 mini ASIC miner, the News-Armenia news agency reported...
Representatives of the payment company PayPal did not attend a meeting with members of the Libra Association in Washington, where they discussed a strategy for cooperation with regulators amid fierce criticism of the project. According to sources in the Financial Times, only PayPal was not present...
Bitcoin dropped 20% in late September, and one of the earliest Bitcoin millionaires came back to Twitter to talk about this. Jered Kenna is 37 years old, and he used to own thousands of BTCs, which he got for cents. Kenna also managed the initial crypto exchange in the US - TradeHill Inc. In a post...
Chainalysis, an analytic startup, added support for 10 ERC-20 tokens to its solution to counter money laundering using cryptocurrencies. This was reported by The Block. Support added for Maker, Dai, 0x, OmiseGo, Basic Attention Token, and other assets. Chainalysis will also provide its customers...
Ohio Treasurer Robert Sprag announced the suspension of the OhioCrypto.com web service, which allowed companies registered in the region to pay taxes in bitcoins. Ohio opened the opportunity for businesses to pay taxes with cryptocurrency in November 2018. The service was organized in partnership...
Scientists from the Lausanne Polytechnic School claim that they have developed an algorithm that will ensure the security of cryptocurrency transactions at the bitcoin level with practically zero energy consumption. According to Professor Rashid Gerraui, unlike the first cryptocurrency, the new...