South Korea Might Soon be Spending Billions on Blockchain Development
President Moon Jae-in wants to allocate billions of dollars to strengthen industry 4.0 technology. Go to Source Powered by WPeMatico
Month: July 2020
DeFi Will be an Integral Part of the Lives of Many, CEO of Crypto Exchange OKEx
Hao believes that DeFi can bring financial services to “the people who are currently excluded or underserved by traditional finance.” Go to Source Powered by WPeMatico
This Platform Automates DeFi Yield Farming for Its Users
A newly launched DeFi platform promises to always find the best yield for its users by taking advantage of variable interest rates and reward schemes. Go to Source Powered by WPeMatico
US Army Requests Information on Tools to Track Cryptocurrency Transactions
The U.S. Department of Defense and the U.S. Army have requested information on web-based cryptocurrency tracking tools. The tools must enable U.S. government agencies worldwide to conduct in-depth investigations into the source of crypto transactions and provide multi-currency analysis from bitcoin to other top cryptocurrencies. US Government Wants to Track Crypto Transactions The U.S. Department … Read more
Japanese Banking Giant MUFG to Issue Its Own Stablecoin in H2 2020
Japan’s largest financial institution, Mitsubishi UFJ Financial Group, is planning to issue the MUFG token in the second half of 2020. Go to Source Powered by WPeMatico
Telegram Drops TON Testnet, but Independent Projects Carry New Hope
Telegram ceases its support of the test network for TON, but that will seemingly not deter the community from keeping the open-source project going. Go to Source Powered by WPeMatico
Binance Coin Gains 17% on Bitcoin in July but Can ‘IEO Season’ Happen?
The price of Binance Coin has gained almost 20% on Bitcoin in July and this spells bullish for the price of the exchange’s IEO tokens. Go to Source Powered by WPeMatico
High Stablecoin Buying Power Could Predict Bitcoin’s Next Bull Run
Today, stablecoins buy 15-times as much Bitcoin as in early 2018, this could bode well for the next bull run, if and when, it happens. Go to Source Powered by WPeMatico
Advocacy Group Claims IRS-Issued Crypto-Warning Letters Violated Taxpayer’s Rights
Close to a year ago last July, the U.S. Internal Revenue Service (IRS) revealed it would be sending ‘soft letters’ to suspected American cryptocurrency owners advising them to pay their taxes. Now according to the Taxpayer Advocate Service, a subsidiary of the IRS, the soft letters undermined the rights and protections of American taxpayers. The … Read more
Texas Man Allegedly Used $1.1M in COVID-19 Relief Funds to Buy Crypto
U.S. authorities have accused a man of securing COVID-19 relief funds to invest in cryptocurrency. Go to Source Powered by WPeMatico