Bookmarking Crypto Insights
DIGIT The Internal Revenue Service (IRS) has obtained authorization from a federal court to seek information on cryptocurrency users from Circle and Poloniex exchange platforms. The tax authority wants records identifying crypto users who conducted $20,000 or more in crypto transactions during the years 2016 to 2020 as well as other documents relating to their crypto … Read more
Over time, networks have evolved to cater to different needs, and with Web 3.0, blockchain isn’t just decentralizing power in financial systems. Go to Source Powered by WPeMatico
The funds, which are equivalent to roughly $1.3 billion, will be used to bootstrap the Fei decentralized stablecoin. Go to Source Powered by WPeMatico
Here are the events that marked the past year in the Venezuelan crypto space and the opinions of those who experienced them from the inside. Go to Source Powered by WPeMatico
Is a surging premium in South Korea a top signal or a sign that the Bitcoin rally is only getting started? Go to Source Powered by WPeMatico
South Africa’s Inter-governmental Fintech Working Group (IFWG) recently accepted Mercury FX, a UK-based e-money firm, into the first cohort of its regulatory sandbox. The firm, which harnesses the Ripplenet blockchain, says it wants to demonstrate its technology’s ability “to shorten the money transfer window to only minutes.” Fast and Low Remittances Further, Mercury FX, which … Read more
A new report from the World Economic Forum shows that the gender gap will take 135.6 years to close due to the COVID-19 pandemic. Go to Source Powered by WPeMatico
While legacy finance is losing the people’s trust, decentralized finance is becoming the fair and deserved future of money. Go to Source Powered by WPeMatico
PRESS RELEASE. AscendEX, formerly BitMax, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of the Xend Token (XEND) under the pair USDT/XEND on Apr 2 at 1:00 p.m. UTC. Xend Finance is a DeFi platform for cooperatives and credit unions that offers multiple levels of interest … Read more
In December 2020, the mining rig manufacturer Innosilicon released a new ethereum miner called the Innosilicon A10 Pro+, which processes Ethereum-based hashrate at around 750 megahash per second (MH/s). Regional reports have noted Innosilicon is dropping a new ether mining rig this summer that processes speeds of up to 2,000 MH/s. Additionally, during the course … Read more
