Early Crypto Adopter Dish Network Now Accepts Bitcoin Cash

Dec 23, 2020 at 10:23 p.m. UTCPresidential Advisory Group Weighs In on Regulatory Approach to StablecoinsStablecoins should meet the same regulatory standards as other aspects of the financial system, says President Trump’s Working Group on Financial Markets. The working group published a report Wednesday detailing how it views retail payments using stablecoins and asking for public…

Web3 companies are leaving New York, fomented by Washington D.C.’s recent combative approach to regulating the industry. The Big Apple’s global relevance in relation to other major financial hubs is diminishing because regulators have spurned the wishes of the city’s leadership – but China and Hong Kong have proven it does not have to be…

The FX market shows a renewed bias for anti-risk Japanese yen. A similar yen outperformance early this month, triggered carry unwind and rocked risk assets, including cryptocurrencies. Some observers fear another round of carry unwind in the near future. The Japanese yen (JPY) is rallying against the U.S. dollar (USD), outperforming other fiat currencies in

SpankChain, a cryptocurrency project focused on the adult industry, has suffered a breach that saw almost $40,000 in ethereum (ETH) stolen. In a blog post published Tuesday, the SpankChain team disclosed the hack, saying 165.38 ETH (worth around $38,000 at the time) had been lost at around 18:00 PST on Saturday. The intrusion, which the post…

Mastercard has formed partnerships with digital asset service companies Amber Group, Bitkub and CoinJar in order to allow consumers and businesses across Asia Pacific to obtain crypto-linked Mastercard credit, debit and prepaid cards, the company said in a statement Monday.Cardholders can now instantly convert their cryptocurrencies into a traditional fiat currency that can be spent…

Lazard (LAZ), a 175-year old global financial services and asset management company, is the latest among traditional financial players jumping on the asset tokenization trend, planning to create tokenized funds with Bitfinex Securities and SkyBridge Invest. The tokenized funds will be set up and issued under Kazakhstan's financial services law, under regulatory oversight of Astana

Dec 1, 2020 at 5:44 p.m. UTCUpdated Dec 1, 2020 at 6:10 p.m. UTCGemini Donates $50K to HRF to Help Fund Another Round of Bitcoin Developers in 2021The Human Rights Foundation has secured donations to fund even more Bitcoin developers in 2021, and it’s capping off 2020 by adding another beneficiary to its grant program. Shared…

Nearly two years ago, the Infrastructure and Jobs Act (IIJA) passed – a bill that expanded broker information reporting to digital asset transactions and mandated Internal Revenue Service (IRS) rulemaking to implement the statute. Late last month, the IRS’s long-awaited proposal arrived, and it could kill crypto in America.The proposed rule would require newly designated

North Korea-linked hacker collective Lazarus Group was behind this month’s hack of crypto casino and betting platform Stake, according to the Federal Bureau of Investigation.In a statement released Wednesday, the FBI said Lazarus Group stole $41 million in various cryptocurrencies from Stake.com. It warned the public about the continuing threat that state sponsored hackers –