EOSIO Proposal Would Prevent Users From Buying Blockchain’s Resources
EOSIO proposed a system that would prevent users from owning CPU time and bandwidth on the network, and would rent it instead Go to Source Powered by WPeMatico
Regulatory Roundup: New US Crypto Bill, France’s 1st Approved ICO, Muslim Crypto
In this roundup, we cover a wide range of regulatory developments in the crypto space. Much has transpired in the U.S., including a new crypto bill, SEC’s proposal, lawmakers seeking answers from the IRS, and the state of Michigan signing several crypto bills into law. We also cover France’s first-approved initial coin offering, a proposal … Read more
Hackers Grab Nearly $480K From Blockchain Platform Nuls
Hackers have stolen almost $480,000 worth of NULS tokens, over $131,000 of which are now untraceable Go to Source Powered by WPeMatico
Coinbase Phases Out Earn.com, Doubles Down on Coinbase Earn
Coinbase shuts down its Earn.com crypto educational platform to focus on its in-house counterpart Coinbase Earn Go to Source Powered by WPeMatico
Lawmakers Want Answers From IRS, Citing Major Issues With Crypto Tax Guidance
Eight lawmakers have sent a letter to the IRS seeking answers to new questions stemming from the latest crypto tax guidance. They pointed out a number of major issues including unwarranted tax liabilities for crypto users who unwillingly receive forked or airdropped coins. Also read: Regulatory Roundup: Crypto ‘Inevitable’ in India, China Rankings, NY Streamlines … Read more
SEC Will Rule on Wilson Phoenix Bitcoin ETF Proposal By Feb. 2020
The SEC has said it will rule on the Bitcoin and T-Bills ETF proposal from Wilshire Phoenix Fund by late February 2020 Go to Source Powered by WPeMatico
‘Incredible’ Bitcoin Hash Rate Boom Will Destroy Altcoins: Tone Vays
Bitcoin’s rising dominance will ultimately “destroy” competitors including EOS and Cardano, says Tone Vays Go to Source Powered by WPeMatico
PBOC Official: China’s Digital Yuan Won’t Be a Speculative Currency Like Bitcoin
According to recent statements by People’s Bank of China (PBOC) official Mu Changchun, the country’s digital yuan is ready for trials. The central bank digital currency (CBDC) will decidedly not be a speculative asset like bitcoin or stablecoins, and will not need a currency basket for backing, Changchun affirmed. Reactions to the announcement are varied, … Read more
Bitcoin Price Trend Reversal in Progress? Key $7.6K Level Unlocked
“Is $8K next?” is the question on everyone’s minds as Bitcoin bulls defended the weekly close by pushing the price above the $7.4K and $7.6K resistances Go to Source Powered by WPeMatico