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TrustNodes suggests EOS as the party responsible for today’s ETH price drop, pointing to evidence that EOS recently sold a large amount of ETH Go to Source Powered by WPeMatico
Investigations are all about the crypto ecosystem, but a recent report regarding a US Department of Justice price manipulation crackdown was widely said to be the cause of market caps falling, and by a lot. Fundstrat, the ecosystem’s favorite financial professional crypto bull, is on record as welcoming government regulation, what it calls “adult supervision.” … Read more
In the world of cryptocurrency, controversy is not all that difficult to come by. This is especially true when it comes to exchanges and trading platforms which share client information with the government. After the recent Coinbase-IRS debacle, it now seems Bitfinex is handing over a lot of customer information to the authorities as well. Bitfinex Stirs the pot While … Read more
Controversial token Tether generated $250 million new coins, with long-standing questions resurfacing Go to Source Powered by WPeMatico
Bitfinex has required tax information from its users, which it “may then exchange” with the government and tax authorities of the customer’s country of residence Go to Source Powered by WPeMatico
Bitfinex, an exchange famed for its opaque banking arrangements, has begun ordering its users to submit their tax details. The platform, which is registered in the British Virgin Islands, a known tax haven, will retain this information and may share it with tax authorities in their customers’ jurisdiction. The news has caused quite a stir. … Read more
Cryptocurrency markets are losing some gains today, as most digital assets are down between 3-15 percent during this morning’s trading sessions on May 16, 2018. The overall cryptocurrency market cap has shaved a few billion in losses since our last markets update, leading to the valuation of all 1,600 cryptocurrencies hovering around $374Bn today. During … Read more
Bitcoin forks are invariably contentious, but the latest batch could be the most controversial yet. Bitcoin Prime and Anonymous Bitcoin have been labeled as shameless cash grabs that are little more than pump and dumps orchestrated by opportunistic developers. The projects’ architects of these schemes, naturally, have hit back. Also read: Forget Emojis – Bitcoin Sentiment … Read more
Japanese internet giant GMO has launched a service to allow customers to lend their bitcoins to the company. Customers’ bitcoin balances will be debited from their GMO Coin trading accounts once loan agreements have been reached. This program is similar to the one launched by the hacked exchange Coincheck last year. Also read: Japan’s DMM Bitcoin … Read more
Bitcoin has surged! Following yesterday’s new “high” of $6,900, bitcoin has jumped by over $700 and is now trading at just under $7,700. It’s a massive step forward following what has been a relatively “rough-and-tumble” week. The news marks a near 10 percent jump for the father of cryptocurrencies, though bitcoin was trading on Luxembourg … Read more
