ASX Head Says New DLT System Could Save Billions

Aug 18, 2020 at 11:49 UTCBitcoin exchange reserves have fallen to a 21-month low, a possible sign investors are feeling bullish about the shape of the market. Glassnode data shows the number of bitcoins held in exchange addresses fell by 0.83% to 2,610,278 BTC on Monday – the lowest level since Nov. 24, 2018.Investors tend…

Last month, Kamala Harris endorsed a controversial 25% tax proposal on unsold assets. While Silicon Valley was up in arms about the plan, it barely registered with crypto investors who the plan would hit hard. At its core, an unrealized capital gains tax would require individuals to pay taxes on the appreciation of their cryptocurrency

A U.S. judge has agreed to a settlement between the SEC, Do Kwon and Terraform Labs.The settlement involves a $4.5 billion penalty and a ban on trading "crypto asset securities."A U.S. District Court judge has agreed to a settlement between the Securities and Exchange Commission (SEC), Terraform Labs and its former CEO, Do Kwon, which

Woo announced that it had closed a $9 million round from a number of current and future market makers on the platform in order to improve liquidity on its WOO X exchange.“We are thrilled to share the expanded relationship of market makers on WOO X following the launch of our DMM program in August last

The ICO is over. At least that's what the market keeps hearing, and what was floated during the very first panel – called "The Death of the Main Sale" – at RepubliCon in Manhattan on Thursday.  The event, hosted by crowd investing platform Republic, saw a number of crypto industry stakeholders discuss the cooling (by…

news The New York Attorney General’s office has alleged that crypto exchange Bitfinex lost $850 million and subsequently used funds from affiliated stablecoin operator Tether to secretly cover the shortfall. According to a press release issued Thursday, NYAG Letitia James announced that she had obtained a court order against iFinex Inc., which operates both Bitfinex…

news An economic road map unveiled by the government of Turkey this week includes several items related to blockchain, including a bid to create a central bank digital currency based on the technology. The Eleventh Development Plan, published on the government’s official website, was  submitted to the Turkish Parliament on July 8, according to regional…

An informal document shared between EU officials indicate its Financial Services Committee will discuss digital finance – including crypto – at an upcoming April meeting.These talks could influence future policy and rules for crypto and a potential digital euro.Top European officials are getting ready to enter talks in April that industry insiders say could steer

“I was having dinner with a developer friend and he mentioned ‘taro,’” said Lightning Labs CEO and co-founder Elizabeth Stark in a declaration in the case. “I knew that taro is a common ingredient used in Latin American, Southeast Asian and African cuisines, which were three key regions for the growth of this technology –…