TRUMP memecoin hits top 15 worldwide in 48 hours, sparking tax cut rumors
Rumors have surfaced about potential crypto tax reforms as Donald Trump’s official memecoin, TRUMP, hits $71 billion in fully diluted value and rises to the 15th-largest crypto in the world.
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FBI report warns against ‘Infamous Chisel’ – new malware targeting crypto wallets
The FBI and the UK’s GCHQ published a joint report warning users about a new malware called “Infamous Chisel” which targets Android devices. An advisory report issued by various government agencies in the United States and the United Kingdom is warning users to beware of a new malware that is being used to target crypto
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What Russian journalists can learn from Navalny’s Bitcoin wallet
Alexei Navalny is a noted leader of the Russian opposition. His “Anti-Corruption Foundation” (FBK) has been a thorn in President Vladimir Putin’s side for many years. Though the FBK has been locked out of mainstream politics — much as Navalny has been blocked from running in recent elections — its investigations have managed to garner…
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Facebook-backed Diem Association reportedly to launch stablecoin pilot in 2021
An anonymous source has told reporters that the first Diem pilot will focus on transactions between individual consumers. 2802 Total views 14 Total shares Facebook-backed digital currency project Diem could yet launch its first stablecoin in 2021 as a small-scale pilot, according to an anonymous source. Cited in a CNBC report published on April 20, the…
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Coinbase vs SEC court dates confirmed for initial case arguments
A judge in New York has approved a joint request from the SEC and Coinbase to settle dates for opening briefs and all subsequent responses. 649 Total views 8 Total shares The latest development in the lawsuit of the United States Securities and Exchange Commission (SEC) versus cryptocurrency exchange Coinbase comes as a date is…
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SBI Invests $30M in B2C2, Largest Proclaimed Market Maker in XRP
SBI invests $30 million in major crypto liquidity startup soon after revealing Japan’s first digital fund comprising 50% XRP. 512 Total views 8 Total shares SBI Financial Services, a subsidiary of Japanese financial giant SBI Holdings, has bought a $30 million minority stake in British crypto liquidity startup, B2C2.The investment marks the beginning of a…
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Blockchain analytics unable to prevent FTX-level illicit schemes
Data transparency has been a focal point for the crypto industry, but the FTX fiasco has shown that centralized exchanges (CEX) are not transparent enough. So far, crypto analytics firms are apparently not capable of tracking transactions to prevent collapses like FTX.All Bitcoin (BTC) transactions are available publicly on-chain, which enables tracking such transactions when…
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Nasdaq refiles Valkyrie’s spot Bitcoin ETF application, includes Coinbase as surveillance partner
The filing followed similar applications from asset managers BlackRock and Fidelity in the last 7 days to include information on surveillance-sharing agreements. The most recent filing involving cryptocurrency fund manager Valkyrie’s application for a spot Bitcoin exchange-traded fund (ETF) in the United States followed others by including a “surveillance-sharing agreement” with Coinbase.According to a July…
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Bitcoin’s limited supply doesn’t really matter to one markets commentator
Dennis Gartman is still not convinced that Bitcoin won't go to zero. 1262 Total views 5 Total shares Bitcoin (BTC) has won over a number of mainstream financial gurus in 2020 against the backdrop of a difficult year for the United States economy. Some markets experts, such as Dennis Gartman, however, still remain skeptical of…