Bitcoin avg. transaction fee rises 937.7% in 24 hours

After initially mandating public officials to declare their crypto, the South Korean authorities now want all local firms to disclose such holdings. The South Korean government is continuing to develop tighter regulations targeting the cryptocurrency industry with the introduction of new asset disclosure rules.On July 11, South Korea’s Financial Services Commission (FSC) announced a new…

The ASIC has received numerous reports on fake crypto trading robots and other schemes used to scam Australians. 2144 Total views 24 Total shares The Australian Securities and Investments Commission, or ASIC, is asking people to remain cautious about celebrity-endorsed Bitcoin (BTC) scam sites.According to the commission’s public warning, the Australian watchdog has received a…

A Paxful survey shows that a growing percentage of Americans are considering cryptocurrencies as an alternative to the current financial system. 590 Total views 17 Total shares Americans with a working knowledge of cryptocurrencies have been showing a rising interest in blockchain technology and cryptos.According to a survey conducted by the global peer-to-peer Bitcoin marketplace…

Hindenburg Research has uncovered evidence of big problems with a major AI hardware provider.

Talk of cryptocurrency and blockchain-powered gadgets inevitably spiked alongside the hype for token prices. But looking back, have they delivered any meaningful changes to users, or are they just another result of the hype synonymous with the space? The surge of interest in the space came to a head in 2017 as Bitcoin (BTC) hit never-before-seen…

The resolution recommended authorities in the parliament's 27 member states consider a “simplified tax treatment” for crypto users involved in occasional or small transactions. 384 Total views 31 Total shares Members of the Parliament of the European Union voted in favor of a non-binding resolution aimed at using blockchain to fight tax evasion and coordinate…

JPMorgan Chase (JPM) — the United States’ largest bank with over $2.62 trillion in assets — has reportedly rehauled the infrastructure of its blockchain platform Quorum with the help of Microsoft. The development was reported by crypto media outlet Coindesk on May 9.As reported, Quorum is JPM’s private blockchain platform built on the Ethereum protocol.…

The United States Securities and Exchange Commission (SEC) has filed to reopen a case against Bitcoin (BTC) fraudster Renwick Haddow as he has not resolved the regulator’s claims for monetary relief against him.On Dec. 6, The agency submitted a letter to Judge Lorna G. Schofield of the New York Southern District Court requesting to reopen…