Tether Has Enough USD to Back Tokens, Says Law Firm in Unofficial Statement
Two of Tether’s bank accounts have enough USD to back its token issuance, says a law firm founded by a former FBI director Go to Source Powered by WPeMatico
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New Yorkers Can Trade Bitcoin Through the Square Cash App
The state of New York has been rather interesting to keep an eye on when it comes to Bitcoin and other cryptocurrencies. Given the state’s introduction of BitLicense, it has become evident that it wants to subject service providers to very strict regulations. Square, the well-known payments company, has received a virtual currency license, which … Read more
Ethereum Classic Price: Current Momentum Highlights Short-term Potential
These are very peculiar times for the cryptocurrency industry as a whole. With the Bithumb exchange facing a hack, one would expect a lot more market volatility. Somehow, that momentum has seemingly been contained. While no big gainers are visible in the top 10, the Ethereum Classic price is noting some impressive growth out of … Read more
Ukrainian Cyber Police Shut Down Six Fraudulent Exchanges
Cryptocurrency exchanges play an integral role in this booming industry. They are the go-to solution for people looking to buy and sell Bitcoin and altcoins. Unfortunately, not all trading platforms can or should be trusted. In Ukraine, half a dozen fake trading platforms were shut down last week. Cracking Down on Exchange Scams Given the … Read more
EOS Decentralization Questioned as Block Producers Freeze Accounts
On June 17, 2018, the 21 block producers or nodes that run the EOS network chose to freeze seven accounts that were allegedly stolen from EOS community members. According to reports, all 21 block producers unanimously decided to freeze the compromised assets but the decision was met with controversy from the EOS community, and possibly … Read more
A New Age in Ads is Dawning
Scolding everything new has long become a hobby among the retrogrades, conservatives and blasphemers of technological advancement. Blockchain is no exception as a fertile feeding ground for the critics who spit on newfangled inventions and brand them as nothing short of sacrilege that threatens to destroy the cozy, inefficient and familiar world that they have … Read more
Millionaires Don’t Receive Sufficient Crypto Investment Advice from Wealth Managers: Study
It is evident the cryptocurrency industry continues to attract people from all walks of life. Those with little money hope to strike it rich, whereas the wealthy hope to make more of what they already have. One thing both groups have in common is a desire for better cryptocurrency advice. Those are the findings of … Read more
US Fourth Largest Mobile Provider Partners on Automotive Blockchain Platform
US No.4 mobile provider Sprint has partnered to develop a blockchain powered platform for the automotive industry Go to Source Powered by WPeMatico
Covesting Launched by Former Investment Bankers Invites Traders to Join Its Platform
Times are hard for crypto at the moment: governmental and institutional bans, lots of scam and frequent hacks have come as a hard blow to the reputation of the industry, spurring active discussions about the future of the digital assets. Disclosure: This is a Sponsored Article Covesting, an ardent supporter of the blockchain technology, is … Read more
What Are Cryptocurrency Trusts?
The topic of cryptocurrencies and taxes has been kicked around a fair few times. It seems cryptocurrency trusts offer a legal method of avoiding taxes. They are not necessarily for everyone, yet they do raise some interesting issues. The Future of Cryptocurrency Trusts It has become apparent that not everyone wants to pay taxes on their … Read more