Billionaire Bitcoiner slams UK tax system, leaves for Swiss Bitcoin city: Report

United States Treasury Secretary Steven Mnuchin has attributed the recent spate of firms abandoning Facebook’s Libra stablecoin project to regulatory concerns.On CNBC’s Squawk Box on Oct. 14, Mnuchin stated that companies are abandoning the Libra project because it is “not up to par” with American Anti-Money Laundering standards, saying:“If they don’t meet the standards of…

Cryptocurrency enthusiast John McAfee's crypto trading platform was immediately targeted by hackers with a denial of service (DOS) attack following its launch, according to an official Twitter post from McAfee on June 12.According to the post, the web servers for the “McAfeeMagic” trading platform, were hit with a cloaked High Orbit Ion Cannon (HOIC) DOS…

Peer-to-peer Bitcoin trading platform Paxful crossed the $4.6 billion trading volume threshold as the company is entering its fifth year. 1785 Total views 26 Total shares Peer-to-peer Bitcoin (BTC) marketplace Paxful announced on July 14 that its platform has witnessed another surge in trade volume, hitting the $4.6 billion mark and reaching over 4.5 million…

Toncoin’s price sharply declined following the news that Pavel Durov had been arrested, and future traders saw it as an opportunity, with open interest surging 32%.

Is the auction house betting that diamonds will become a crypto user's best friend? 1148 Total views 5 Total shares Luxury auction house Sotheby’s will accept bids in crypto for a massive diamond scheduled to be auctioned in Hong Kong next month.According to a Monday Reuters report, Sotheby’s will offer a 101.38-carat pear-shaped diamond for…

Facebook has been in the news quite often over the past few years — and usually for all the wrong reasons. The social media giant has been lambasted over its privacy practices, its seemingly anti-consumer stance and even an apparent investor revolt in which shareholders voted (albeit symbolically) to remove Mark Zuckerberg from the board…

Cardano founder warns against Youtube scams promoting a fake ADA giveaway. 817 Total views 19 Total shares Cardano is warning the public against scams promoting a fake Cardano (ADA) giveaway. In a tweet, Cardano founder Charles Hoskinson said a Youtube account has been using a keynote address he made to promote a fake giveaway. “It has come…

Mergers. They're a tricky business at the best of times, but when conducted in a nascent industry in which regulations, guidelines and best practice haven't been firmly established, they can be absolutely perilous. Just ask Coinbase, which acquired blockchain analytics startup Neutrino in February for what turned out to be a fee of $13.5 million.…

The Mauritius Financial Services Commission (FSC) has issued a second guidance note concerning security token offering (STO) regulation, dated April 8.In the document, the FSC declared that security tokens are considered digitally represented securities as defined in the Securities Act of 2005. As a consequence, when STOs are conducted in or from Mauritius, the offering…