South Korea to ramp up oversight of cross-border crypto transactions: Report

BlueWallet seeks to promote self-custody solutions and greater levels of decentralization with its decision to sever the connection to lndhub.io. 755 Total views 7 Total shares Own this piece of history Collect this article as an NFTBlueWallet is sunsetting its lightning node connection to Lndhub.io according to an official statement. BlueWallet will cease custodial Lightning…

It’s layoff season again as Big Tech and the semiconductor industry fail to meet investor expectations.

To help the investors legally recoup losses, Schall Law Firm plans to investigate FTX for issuing misleading statements or failing to disclose crucial information. 381 Total views 2 Total shares Own this piece of crypto history Collect this article as NFTTo help out the recently duped investors of FTX Tokens (FTT), shareholder rights litigation firm…

The investment firm purchased 17,100 BTC in the last week. Crypto fund manager Grayscale Investments has increased the assets under management in its Bitcoin Trust by more than $180 million over the past week.According to data from information platform Bybt, Grayscale added 17,100 Bitcoin (BTC) to the firm’s Bitcoin Trust in the last seven days.…

As the world sits in flux between coronavirus and financial market concerns, AAX crypto exchange CEO, Thor Chan, thinks cryptocurrencies will ultimately make out ok.“During a period of intense panic, many investors fled the markets in search of cash, or to defend their positions elsewhere,” Chan told The Merkle in a March 30 interview, referencing…

On May 7, Dovey Wan, founding partner of crypto investment firm Primitive Ventures tweeted that the Chinese social media behemoth and payment service provider WeChat is set to ban merchants from making cryptocurrency payments. This ban marks the latest effort to stymie cryptocurrency usage in China, with the government also mulling over ways of greatly…

The summons requires M.Y. Safra Bank to submit information about taxpayers who failed to report and pay their taxes on crypto. 534 Total views 31 Total shares With the crypto community growing bigger and as trading volumes reach new highs, the United States is also making more effort to ensure that its Internal Revenue Service…

The COVID-19 crisis has brought many new users to the world of cryptocurrencies. One of the main concerns for users, however, is whether their bank cards may be blocked due to the purchase of a cryptocurrency, or when withdrawing funds from a crypto account. Can this risk be prevented?Since the COVID-19 outbreak and people’s subsequent…

London-based tech startup Revolut confirmed its employee downsizing numbers. 670 Total views 28 Total shares Revolut fired a number of employees since the coronavirus outbreak began, according to a story from Wired. The European fintech company responded with a statement on the numbers and rationale.“As in many companies, COVID-19 necessitated cost cutting across our business…