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The SEC is closely monitoring developments in the world of cryptocurrency and ICOs. Two individuals in Nevada have agreed to settle an ongoing lawsuit over illegally selling stocks. Those stocks belong to a blockchain-oriented company, and both men cashed out $1.4 million thanks to some trickery. UBI Blockchain Internet Lawsuit Settlement The name UBI Blockchain … Read more
At press time, the father of cryptocurrencies is back up to the $6,600 mark it had reached just 48 hours ago. During yesterday afternoon, bitcoin had seemingly fallen back down to $6,500, and was trading for about $100 less than where it stood previously. However, as it’s still semi-vulnerable to volatility, the currency has spiked … Read more
It would appear Coinbase’s custody service is already attracting a lot of positive attention. More specifically, the new custodial service piqued the interest of at least 10 hedge funds and family offices. This further confirms the growing demand for exposure to cryptocurrencies in general, which could lead to more positive developments for this industry. Coinbase’s … Read more
BTCC has always been one of the biggest Bitcoin and cryptocurrency exchanges in the world. Over the past year, the company has seen a fair few setbacks. Most of those issues are now resolved, as the company will return to the exchange business and issue a native token. BTCC Plans a Big Comeback The cryptocurrency … Read more
Switzerland is attempting to position itself as a hub for cryptocurrency activity. Surprisingly, it seems the country’s policymakers are intent on bridging the gap between cryptocurrency and traditional banking. Depending on how the current situation evolves, cryptocurrency firms may soon have full access to traditional banking services. Switzerland Embraces Cryptocurrency Multiple interesting cryptocurrency-related developments have … Read more
Why major crypto exchanges are not the silver bullet? What services do smaller scale exchanges win over their larger counterparts? A boutique approach proves to be more inclusive and sometimes more efficient than a mass-market approach. This is also true for the crypto space. The crypto exchanges space has been under scrutinize and debate for … Read more
Cryptocurrency price momentum can always change in the blink of an eye. Although some of the top markets are still in the red, the NEO price is rising fairly quickly. Thanks to solid gains over the past 24 hours, the NEO price is well on track to hit $40 again later today. A positive development … Read more
Nearly all cryptocurrency markets have suffered from a big setback in the past 24 hours. Ongoing regulatory concerns in India are making their mark on the industry yet again. The Cardano price has lost a whopping 6.96% in value over the past 24 hours. This is not the trend speculators are looking for by any … Read more
“If a digital currency isn’t actually used for any transactions, is it, you know, actually a currency?” tweeted Nobel laureate economist with the ears of American progressive politicians, Paul Krugman. He was prompted by a colleague’s recent article regarding a push by Ripple’s XRP to urge users to do more than just speculate. Mr. Krugman, … Read more
Tax enforcement authorities from five nations announced that they have created a united alliance, the Joint Chiefs of Global Tax Enforcement, known as “the J5.” The J5 said they are committed to combating transnational tax crime “through increased enforcement collaboration,” in other words: working together to gather information, share intelligence, and conduct joint operations. Also … Read more
