Sequoia to make $100M windfall from Stripe’s Bridge acquisition: Report

The biggest cryptocurrency, bitcoin (BTC), has hit an all-time high versus the Argentine peso amid the ongoing decline of the currency, Financial Times (FT) reports on May 27.According to the report, the bitcoin price has soared to as high as 394,000 pesos ($8,762.95 at press time) per coin, exceeding prices versus the Argentine peso not…

Cryptocurrency swaps and hardware wallet producer ShapeShift addressed recent KeepKey hardware wallet vulnerability allegations.ShapeShift responded to an alleged vulnerability submitted through its responsible disclosure program in a Medium post published on Aug. 4. Per the announcement, the firm received a vulnerability report through the program on May 1, which described what the researchers believed to…

Coinbase layer-2 network Base has notched a record number of daily active addresses amid a surge in growth of the new “basenames” service. 

The Verkhovna Rada, the parliament of Ukraine, has proposed a bill that, once passed into law, would tax operations with crypto assets, according to a draft law published September 14.The tax bill, which was initiated by 23 government officials, suggests a five percent tax on individuals and legal entities operating with virtual currency assets, such…

A new partnership between a development bank, a nongovernmental organization (NGO) and a tech corporation is eyeing the creation of a blockchain-based identity system to improve financial inclusion in Buenos Aires. IDB Lab (the Innovation Laboratory of the Inter-American Development Bank Group), NGO Bitcoin Argentina and the Argentine subsidiary of NEC Corporation announced they had signed…

Two firms in the cryptocurrency space are at legal loggerheads regarding millions of dollars in purportedly unpaid invoices.On September 30, 2019, the London-based payments company Digital Capital sued Genesis Mining over allegedly failing to pay 2.4 million pounds (roughly $3.1 million) in unpaid invoices for its development and maintenance of its credit card software.Now, Genesis…