FinCEN Says It Now Receives 1,500 Crypto Complaints a Month

Ethereum co-founder Vitalik Buterin suggested raising the network's gas limit by 33% on Wednesday – a move that would raise the network's transaction capacity and could reduce fees for end-users, but could increase operational costs for validators.Users of the Ethereum blockchain pay gas fees to ensure that their transactions are added to the network, and

These are set to be built in partnership with China Telecom, the second-largest wireless carrier in China with an estimated 390 million subscribers, as CoinDesk has reported. China Telecom will launch the first BSIM pilot program in Hong Kong later this year, Conflux Network said at the time. This will likely be followed by pilots…

Jesse Hamilton is CoinDesk's deputy managing editor for global policy and regulation. He doesn't hold any crypto.The U.S. Securities and Exchange Commission (SEC) has so far disregarded congressional requests for information on its interactions with crypto platforms seeking registration as exchanges, according to Republican lawmakers in the House of Representatives, who threatened a hearing if…

news Mobile payments firm Square has reported over $166 million in revenue from bitcoin sales last year. The company filed its financial results for Q4 2018 with the U.S. Securities and Exchange Commission (SEC) on Wednesday, disclosing that it made overall net revenue of $3.3 billion last year, 5 percent of which came from the cryptocurrency buying…

Oct 14, 2020 at 19:22 UTCUpdated Oct 14, 2020 at 19:23 UTCThe U.S. State Department has submitted a proposal to add Ant Group, the fintech arm of e-commerce behemoth Alibaba, to a trade blacklist, Reuters reported, citing two people familiar with the matter.The move comes as Ant, a global leader in digital payments, is readying…

feature Facebook’s GlobalCoin project, also known as Project Libra, may face significant hurdles as the social media giant works toward a prospective launch. Despite reports that Facebook is gearing up to reveal its new cryptocurrency as early as next week, a source with knowledge of Facebook’s operations said the project’s software has a long way…

Bitcoin fell to $88,000 from a peak of $93,000 leading to $120 million in liquidations. The market is now pricing in a 66% chance of a 25 basis point cut in the December FOMC meeting, down from Thursday’s 83%. 01:30 Bitcoin Flat Near $60K Amid Mideast Tensions; XRP Down 10% on Regulatory Uncertainty 01:53 North

Oct 16, 2020 at 21:08 UTCUpdated Oct 16, 2020 at 21:09 UTCFilecoin's (FIL) first 4 hours of tradingFilecoin (FIL) speculators endured a wild opening day of trading as the highly anticipated token soared and dived across all markets, finally settling around $40 Friday evening.Trading started at 18:25 UTC Thursday for most markets, and within the…

“We see the current growth of internet-native organizations as the next step in the evolution of human coordination. We are excited to support the founders who are building the tooling that will serve as the foundation for these types of organizations,” wrote the Seed Club Ventures team in the announcement post. “And, as we continue…