Australian Tax Office seeks data from 1.2 million crypto exchange users: Report

SCB 10X, the venture arm of Thailand's oldest bank, is participating in an $80 million Series C fundraising round for institutional crypto custodian and digital asset platform Anchorage. 3089 Total views 13 Total shares Just last month, SCB 10X — the venture arm of Siam Commercial Bank — had announced its new $50 million fund dedicated…

Kazakhstan currently ranks No. 2 in the world in terms of Bitcoin mining hash rate. 247 Total views 15 Total shares A report from the Data Center Industry & Blockchain Association of Kazakhstan, or NABDC, estimates that cryptocurrency mining could bring $1.5 billion in revenue for the country over the next five years. Currently, corporate…

A delicate balance for Bitcoin price could still resolve in any case, says Delphi Digital as markets navigate a unique environment pre-halving. 1835 Total views 23 Total shares Bitcoin (BTC) is flipping its 50-day moving average (MA) to support and eyeing $7,200 for a “potential breakout,” a new report has concluded.Published on April 22, Delphi…

Cryptocurrency exchange Ethfinex, the sister exchange of Bitfinex, has launched a test decentralized autonomous organization (DAO), the company confirmed in a blog post on June 12.Ethfinex — which earlier this month launched a decentralized over-the-counter (OTC) trading platform — said it wants to decentralize control of its operations.The DAO was built by DAOstack and is…

Frozen funds in crypto, explained Frozen funds typically mean access to such funds has been restricted or temporarily halted.Several factors, such as technological errors, security precautions, disagreements, investigations and regulatory compliance, can lead to such circumstances. So, can a crypto exchange freeze your account?If exchanges or financial institutions suspect fraudulent activity or money laundering related

Nir Kshetri, a professor of management at the University of North Carolina, has suggested that before blockchain-based voting can be considered safe and trustworthy, some major issues must be resolved.In an article published on Oct. 18, Kshetri claims that “small-scale tests run so far have identified problems and vulnerabilities in the digital systems and government…

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, you should conduct your own research when making a decision.Historically, over the past nine years, Bitcoin (BTC) has experienced four major corrections, all of which led Bitcoin to decline by more than 80 percent in value. The correction the…

I recently came across Marc Andreessen’s article from 2014 on Bitcoin (BTC). In many ways, it is visionary (no surprise). I have been in the industry for four years now, with most of my focus being on the social impact of blockchain. It is astonishing to me that in 2014, before there was any institutional…