Stripe bringing back crypto payments, this time with a stablecoin
Stripe customers will be able to pay with USDC beginning this summer, president Jack Collison said, after the company canned BTC payments in 2018.
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Avalanche creates $200 million fund to lure top crypto devs
The $200 million fund aims to foster growth and innovation on the Avalanche network. 1723 Total views 14 Total shares The Avalanche Foundation has unveiled “Blizzard” — a fund offering more than $200 million in incentives to developers who build on the Avalanche (AVAX) network.The fund will provide liquidity to those early-stage projects that innovate…
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Owner of Indeed and Glassdoor Job Search Engines Invests in Privacy Coin Project Beam
Japanese employment information services company Recruit Co., Ltd. has invested in a blockchain-focused company Beam Development Limited, according to an announcement published on Feb. 18.Per today’s press release, Recruit has invested in Israeli blockchain startup Beam Development Limited. The investment was made through Recruit’s $25 million fund called RSP Blockchain Tech Fund Pte. Ltd. The…
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Crypto firms not meeting AML standards, says UK minister
Only five crypto firms have received FCA AML registration after the authority became the official money laundering supervisor for crypto businesses last year. 3098 Total views 2 Total shares Cryptocurrency businesses in the United Kingdom have been struggling to meet Anti-Money Laundering standards set by the Financial Conduct Authority, according to a senior official.John Glen,…
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CFTC issues $54M default judgment against trader in crypto fraud scheme
As a result of the judgment, the defendant is also now prohibited from engaging in any trading activities within markets regulated by the CFTC and is barred from registering with the regulatory body. On June 28th, the Commodity Futures Trading Commission (CFTC) announced that Judge Naomi Reice Buchwald of the U.S. District Court for the…
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Brave New Coin partnership will help Nevada crypto users reach new ‘high’
Cannabis users in the state may soon be able to pay for their green without cash. 1505 Total views 12 Total shares Digital asset market data firm Brave New Coin may soon be helping Nevada residents buy marijuana using crypto.According to Brave New Coin, blockchain firm Multichain Ventures will be using the company’s data and…
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Crypto Mining Giant Bitmain Confirms Problems With Antminer S17 Units
After several customer complaints aired on social media, Chinese mining giant Bitmain confirms that some of its Antminer S17 units have issues. Chinese mining hardware company Bitmain has admitted to having issues with some of Antminer S17 units.“Antminer is paying close attention to the issues of some products from the 17 series, which has recently…
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Crypto Tax Disclosures Can Help With Internal Revenue Service
Crypto and taxes hardly go together like cream and sugar. Yet every crypto investor or business these days faces them. For many, starting with the United States Internal Revenue Service’s launch of the “it’s property, not currency” mantra in 2014, it has been six long years of trying to comply. However, there are plenty of…
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Ripple Aims to Become the Amazon of the Cryptocurrency World
Ripple is working to explore new use cases for its blockchain network. The much-debated blockchain firm Ripple is now planning to expand its use case far beyond just streamlining cross-border payments in partnership with national and international banks.Ripple had focused its efforts solely on cross-border payments for the past five years when Brad Garlinhouse joined…