Huge ‘screw-up’ — Pump Science apologizes after flood of fraud tokens

On Jan. 25, United States (U.S.) President Donald Trump ended the partial government shutdown, albeit temporarily. As a result of the funding package he signed on Friday, the government will be open for three weeks.While the future still seems unclear for U.S. government facilities, which are now returning to work after the 35-day standoff between…

A tax bill seeking to allow the exclusion of gain or loss on like-kind exchanges of virtual currency has been introduced in the United States House of Representatives.To amend the Internal Revenue Code of 1986The bill dubbed the “Virtual Value Tax Fix Act of 2019” was initially introduced by Rep. Ted Budd (NC-R) on July…

Following its hard fork on May 15, bitcoin cash (BCH) appears to have experienced a two-block chain reorganization resulting in a 3,392 BCH (about $1.35 million at press time) double spend. The claim was made in a report released by the research arm of cryptocurrency derivatives exchange BitMex on May 24.Per the report, the recent…

Tron founder Justin Sun broadcast a live video from San Francisco to disprove reports that he was prevented from leaving China due to a police investigation.On July 23, Sun launched a live video on Twitter to deny rumors that he was prevented from leaving China by local authorities based on charges of money laundering, gambling…

Executive chair Frank Holmes described the sale as “unfortunate” but approved of the community continuing to find uses for the property. 6861 Total views 23 Total shares Crypto mining firm HIVE Blockchain Technologies has sold one of its data centers in the Norwegian municipality of Narvik held since 2018.In an announcement today, HIVE said it…

The Income Tax Department of India is secretly training its officials to investigate cryptocurrencies. An internal guidebook circulated by the department explains cryptocurrencies, their characteristics, the “dark side of Bitcoin” and the best investigation practices for tax officials.The Indian government doesn’t consider cryptocurrencies as legal tender, but it also hasn’t declared them outright illegal. Crypto…

FTX CEO Sam Bankman-Fried expects governments to have a clearer stance in the next three to five years and wishes to become a part of the discussions with the regulators “to build out this regime.” 393 Total views 4 Total shares Running a successful crypto business requires close attention to the cloud of regulatory changes…

A crypto analyst says Ether could make a “major push” to $3,500 if it holds a $2,800 weekly close, and futures traders are betting on an upward move.