Month: August 2018

PR: SoPay App Released, Offering Fast Transactions and SoPay’s Assets Mining (SAM)

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SoPay, the blockchain-based payment platform with a disruptive approach to the money market, today announced the achievement of another milestone in its roadmap; the release of the SoPay app. The startup believes that the app is the missing puzzle of mass adoption of the cryptocurrencies. This development comes quickly in the heels of another milestone … Read more

Crypto Tax and Accounting Software Libra Raises $15M in Series B Funding

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Traditional venture capital investors seem to think that the field of crypto reporting apps is appealing. Cryptocurrency tax and accounting software development startup Libra has raised an extra $15 million in its Series B funding round. Also Read: Opera Browser Opens Its Built-in Cryptocurrency Wallet to Desktop Users $24.8 Million in Funding for Crypto Tax … Read more

From Thwarting an Attack to New Listings: It’s Been a Busy Month for KICKICO

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Hacking attacks are not new in the crypto community. Ever since Mt. Gox infamously lost over 800,000 BTC to hackers in one of the biggest heists ever, many other projects have been targeted. Hackers are evolving with time, and as was witnessed in the recent KICKICO hack, they are becoming more creative. The hackers managed … Read more

Markets Update: Crypto-Prices Slide After SEC Announcement

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Cryptocurrencies are dropping in value once again on Wednesday, August 8 as most of the top digital assets are down between 9 to 18 percent over the last 24 hours. Prices started dropping yesterday after the U.S. Securities and Exchange Commission (SEC) extended the Cboe exchange-traded fund decision. Immediately after the announcement, bitcoin core (BTC) … Read more

4 Licenses That US-Based Crypto Exchanges Need to Obtain in 2018

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Cryptocurrency companies active in the United States have to adhere to very strict rules and regulations. In most cases, this means obtaining various types of licenses to conduct business. Below are four examples of licenses required by major exchanges in the US. They are all mandatory, depending on the state that a given company operates … Read more

Japan Shows Other Countries How Crypto Regulation Should Be Done

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Japan has always been a very interesting country when it comes to cryptocurrency and regulation. It is one of the few companies which has made Bitcoin legal tender. The current approach of self-regulating cryptocurrency is still controversial, but the concept continues to gain a lot of traction regardless. Self-Regulation Remains a Risk Bringing more legitimacy to … Read more