The Daily: Coinbase Denies Self-Trading, Kraken Gets Feisty

The dust had barely settled on New York’s Virtual Markets Integrity Initiative when the exchanges profiled came out swinging. Kraken and Coinbase’s responses to the Attorney General’s report are featured in this edition of The Daily. Also, what can the cannabis bubble teach us about the bitcoin boom? Also read: 8 Surprising Findings from New York’s … Read more

8 Surprising Findings from New York’s Virtual Markets Integrity Initiative

A lot of cryptocurrency traders are sick of hearing about “manipulation”. They just want to buy and sell bitcoin in peace, without Twitter accounts such as Bitfinexed banging on about unnatural market movements. It was thus with some dismay that New York’s Virtual Markets Integrity Initiative was greeted. The report, which dropped yesterday, predictably contains … Read more

Exchanges Round-Up: Coinbase to Hire 130, EF Hutton Backs Acex Exchange

In cryptocurrency exchange news, Coinbase plans to hire 130 additional staff at its New York office by the end of 2019, a recently announced exchange which will be backed EF Hutton has declared that it will launch before January 2019, and Digifinex has announced that it will replace its USDT pairings for TUSD. Also Read: Growing … Read more

Sales Tax and Bitcoin in the United States Can Be Confusing

Over the last two years in the US, the federal government and states have been trying to grasp the concept of cryptocurrencies and apply them to traditional finance laws like taxes. The task has proven to be extremely difficult for federal agencies and officials however. One confusing issue is the application of state sales tax … Read more

California State Legislature Passes Law Establishing a Blockchain Working Group

California’s state legislature has passed a bill which aims to form a working group on blockchain technology. According to the bill, the primary role of the working group will be to find out how blockchain can be introduced and used in government, schools, and other public institutions. It will also determine how blockchain can fit … Read more

Hydroelectric Dam in New York Repurposed as Crypto Mining Farm

A hydroelectric dam in eastern New York State is being converted into a dedicated crypto mining farm, taking advantage of low-cost, renewable energy, according to Dpw Holdings whose subsidiary is building the mining farm. Anteater miners, equipped with ASIC bitcoin mining chips developed by Samsung and Innosilicon, will be used on the site, the company … Read more

‘Crypto’ Thriller Starring Kurt Russell in Post-Production – Producers Share Details

Crypto, an upcoming cryptocurrency-themed movie starring Kurt Russell and Alexis Bledel, is currently in post-production. The producers share their thoughts, confirming that the “overall message of the movie is positive” despite it being a thriller centered on crime and corruption. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space ‘Crypto’ Thriller Coming Soon The upcoming … Read more