Tether files lawsuit against Swan Bitcoin over joint venture dispute
Tether confirmed to Cointelegraph that it had sued Swan Bitcoin over alleged contract breaches in a joint Bitcoin mining venture.
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Circle to Charge Fees on US-Based Poloniex Traders’ Crypto After Dec. 16
Circle, the parent company of cryptocurrency exchange Poloniex, says it could charge United States users fees and even confiscate users’ entire balances if they do not remove their funds.In a blog post on Dec. 3, Circle warned that U.S. traders have no option but to stop using Poloniex, a policy adopted in preparation for the…
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Former Bakkt CEO Appointed to Trump’s Task Force for Reopening the Economy
The former CEO of Intercontinental Exchange subsidiary Bakkt and a current Republican senator for Georgia, Kelly Loeffler, has been rewarded with a new appointment despite recent controversies. In a tweet published on April 16, Loeffler wrote:“Thank you, @realDonaldTrump for appointing me to your task force on re-opening America safely in the wake of #COVID19. With 22 million Americans…
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Blockchain Association sues IRS over digital asset reporting rules: Law Decoded
The IRS issued new regulations requiring DeFi platforms to report crypto transactions. In response, the Blockchain Association filed a lawsuit against the IRS, arguing that the rules are unconstitutional.
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US Unveils FedNow, Bitcoin Cash Vs. Coinbase | Coffee and Crypto
In the latest episode of “Coffee and Crypto,” Cointelegraph’s head of editorial Olivia Capozzalo and head of news Molly Jane Zuckerman have discussed the biggest headlines in the crypto world — armed with steaming cappuccinos.The cappucci-newsIn the video, Capozzalo and Zuckerman have a packed agenda.First, they make sense of the news that the United States…
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Bitcoin braces for Fed’s Powell as $61K BTC price eyes next breakout
BTC price frustration may find some relief as Bitcoin traders’ hopes increase of the Fed cementing interest rate cuts at the Jackson Hole summit.
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Bitcoin Cash Sees no Blocks for 5 Hours, No Significant Backlog Due to Low Usage
The Bitcoin Cash (BCH) blockchain has seen no new block for five hours earlier today. However, due to low usage, the transaction backlog was cleared without difficulty and normal activity resumed.Data available on advanced blockchain explorer Blockchair show that BCH block number 620025 was mined at 2:14 on Jan. 30. The next block, number 620026,…
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Over 50 Banks Simulate Letter of Credit Transactions on R3’s Blockchain in 27 Countries
Over 50 banks participated in the simulation of letter of credit transactions on R3’s blockchain platform in 27 countries on six continents. The company announced the development in a press release published on May 8.Per the release, 96% of the participants said that the system — dubbed Voltron — will accelerate and reduce the cost…
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Elon Musk asks Twitter whether Tesla should accept Dogecoin for cars
The “Dogefather” may greenlight Dogecoin as an acceptable payment method for Tesla vehicles. 1697 Total views 12 Total shares Tesla CEO Elon Musk has stirred the proverbial “doges' nest” once again with another tweet about the quintessential meme coin, Dogecoin (DOGE). Tweeting on Tuesday, Musk ran a Twitter poll asking respondents whether they want Tesla…