Did XRP price just bottom against Bitcoin?
XRP price fell over 14% year-to-date pressured by Ripple’s ongoing legal battle with the SEC so a bounce is in order, analysis suggests.
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Research: Binance and Huobi Received Over 52% of Total $2.8B Illicit BTC in 2019
Binance and Huobi have together received over 52% of total $2.8 billion illicit Bitcoin (BTC) transfers in 2019, according to a new report.Chainalysis’ findingsOver the course of 2019, criminal entities moved a total of $2.8 billion in Bitcoin to cryptocurrency exchanges, according to a Jan. 15 study from Chainalysis.According to the New York-based firm, Binance…
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Blockchain has a role to play in countering the ill effects of AI
Cryptocurrencies struggle to interact with regulatory and financial systems that were not designed for them, but they complement AI.
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Shanghai court affirms that Bitcoin is virtual property, subject to property rights
A district court in Shanghai ruled for Bitcoin owner’s right to compensation in case involving unpaid loan and decided on Bitcoin legal status in the process. 399 Total views 13 Total shares The Shanghai High People’s Court has issued a document in which it states that Bitcoin is subject to property rights laws and regulations.…
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Bitcoin Core Update FIxes Vulnerability That Reportedly Could Crash Network for $80,000
Bitcoin Core has released an update following the recent detection of a vulnerability in the software, according to a September 18 press release by the Bitcoin Core Project. According to the statement, Bitcoin Core 0.16.3 was released with a fix for a denial-of-service (DoS) vulnerability.The vulnerability could reportedly cause a crash of older versions of…
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IRS Seeks Third-Party Contractors to Help With Taxpayers’ Crypto Calculations
The United States Internal Revenue Service is reportedly soliciting outside contractors to assist with calculations of cryptocurrency users’ transactions. The United States Internal Revenue Service (IRS) is reportedly soliciting third-party contractors to assist with calculations of cryptocurrency users’ transactions. Crypto tax software firm CryptoTrader.Tax publicly shared details of a letter it claims to have received from…
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US regulators doing ‘good job of alienating’ crypto sector — Cardano founder
Charles Hoskinson took a jab at the perceived inconsistency in applying decentralization standards by the U.S. Securities and Exchange Commission (SEC). The United States’ approach to cryptocurrencies could do more harm than good and they risk losing major players by the time they “get their act together,” Cardano founder Charles Hoskinson has said.“When you look
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Bitcoin Recovers from Below $7.2K After Schiff Says ‘Game Is Over’
Thursday, Dec. 5 — cryptocurrency markets have continued to trade sideways, with 18 of the top 20 coins by market cap seeing notable losses at press time.After Bitcoin (BTC) attempted another recovery yesterday to break above $7,500, the biggest cryptocurrency has dipped below the $7,200 threshold again today.Among the few coins that report some green…
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Japanese telecoms giant Softbank Corp joins crypto regulatory group JSTA
Softbank’s telecoms arm is set to become the latest member of the Japanese Security Token Association. 820 Total views 5 Total shares Softbank Corp, the telecoms arm of the Japanese conglomerate Softbank Group, has confirmed its membership of the Japanese Security Token Association. The company now joins other firms like Mitsui Trust and Qunie — the…