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Financial institutions around the world have shown an appetite for cryptocurrency services, though launching those features has been delayed somewhat. SolarisBank, one of Germany’s fintech firms with a banking license, is planning to introduce cryptocurrency banking solutions. Clients will be able to create a custom retail banking experience. SolarisBank and Cryptocurrency Services Fintech firms with a banking … Read more
Many people question whether or not cryptocurrency can ever gain mainstream traction. The way things are looking right now, that appears rather unlikely unless something changes dramatically. New research by Imperial College London paints a very different picture in this regard. The Future of Cryptocurrency is at Stake Compared to more traditional financial markets and … Read more
The IRS is keeping close tabs on cryptocurrency users across the United States. A brand-new compliance campaign has been launched to ensure everyone files their taxes properly when it comes to Bitcoin and altcoins. This new development is not entirely surprising, as there are still plenty of speculators who do not report gains or losses … Read more
A special investigations unit has been set up in the Indian state of Maharashtra where there is a rise in bitcoin-related scams. The unit will take over the investigation of all cases relating to cryptocurrency in the state that are currently handled by various police departments. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space … Read more
Cryptojacking has become an increasingly popular trend all over the world. Purposefully infecting computers with cryptocurrency mining malware can provide a very lucrative revenue stream. In China, nearly two dozen suspects have been arrested in the country’s largest cryptojacking case to date. The allure of quick profits can lead to swift arrests these days. Chinese … Read more
It would appear one cryptocurrency has effectively broken the negative market trend. The Litecoin price is the first to go in the green despite this current bearish momentum. A surprising turn of events, albeit one that is also more than welcome under the current circumstances. It also shows the Bitcoin price trend can’t keep altcoins … Read more
Most of the cryptocurrencies remain in the red after big setbacks yesterday. Despite this relentless bearish pressure, it appears there may be some positive momentum in the second half of this week. Until that happens, it seems highly unlikely the XRP price will go back to $0.5 Even so, the asset hasn’t suffered from a … Read more
A Southern Californian Localbitcoins trader has been sentenced to prison for a year for unlicensed money transmitting and money laundering. The trader, Bitcoin Maven, reportedly exchanged between $6 and $9.5 million for customers across the country, according to the notice by the U.S. Department of Justice. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space … Read more
New academic research has concluded that more than 50 percent of crypto projects raising capital through ICOs do not make it through to the fifth month after the token sale. The study also suggests that investors get the best return on their money if they sell the coins within the first month of trading, while … Read more
At the beginning of 2018, I wrote an article outlining a New Year’s resolution that I thought could help boost cryptocurrency adoption and awareness in 2018, as long as enough people were doing it. Last week was the twenty-second installment of the challenge. This week I was speaking with a colleague of mine, a young … Read more