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Pakistan Announces Ban on Cryptocurrency Services and Firm Stance Against Legalizing Crypto Trading

Aisha Ghaus Pasha, the minister of state for finance and revenue, declared that Pakistan would outlaw cryptocurrency services operating in the country and reaffirmed that the government has no plans to legalize cryptocurrency trading during a meeting of the Senate Standing Committee on Finance and Revenue on May 16. дальше »

2023-5-19 23:06


Coinbase: Customers making money is very important to crypto-exchanges, says CEO Brian Armstrong

Proponents of the cryptocurrency market have always been at the forefront of breaking the latest updates in the universe, through live streams and direct Ask Me Anything [AMA] sessions. The latest luminary to speak up is Brian Armstrong, CEO of Coinbase, who touched upon the different streams of revenue and Coinbase’s new avenues. дальше »

2019-5-17 15:30


BLOCKv, Reward Cloud Partnership Runs Campaign for Starbucks – What Will the Success Bring?

Starbucks recently held successful campaign with digital product redemption. Over 400 new global brands and merchants will create their own campaigns to promote customer engagement. The retail aspect of the cryptocurrency industry provides substantial revenue, and there are many companies that have worked to expand crypto’s reach. дальше »

2019-5-16 04:49


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Authorities Dismantle Shadow Bank That Handled ‘Hundreds of Millions’ for Crypto Exchanges

An Arizona Man and an Israeli woman have been charged in connection with providing “shadow banking services” to cryptocurrency exchanges — involving millions of dollars. The two individuals were charged by the United States Attorney for the Southern District of New York, the Federal Bureau of Investigation (FBI), and the Internal Revenue Service (IRS) in a criminal investigation. дальше »

2019-5-2 14:00


CME Sees Institutional Bitcoin Investments Drop This Week According to Latest CFTC Data

Much of the community has been relying on institutional investments to bring new liquidity and revenue to the cryptocurrency industry. While the overall institutional investment in Bitcoin has been seeing an increase lately, data from the Commodity Futures Trading Commission (CFTC) reveals a change in that trend. дальше »

2019-4-14 00:00


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U.S. Reps Tell IRS to Publish New Crypto Tax Guidelines

Since it has now become mandatory for digital assets traders to remit taxes, 21 members of the United States Congress, led by congressman Thomas Earl Emmer, have jointly sent a  bipartisan letter to the United States Internal Revenue Service (IRS) urging it to publish new guidelines on crypto tax remittance, according to a press releaseRead MoreRead More. дальше »

2019-4-13 19:00


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South Korean police use AI to bust $19M Bitcoin-fuelled pyramid scam

South Korean police have caught the masterminds of a Bitcoin-fuelled Ponzi scheme responsible for generating almost $19 million in revenue. The scam, called “M-Coin,” is said to have targeted those with poor understanding of the technology – mostly elderly people, retirees, and housewives – with promises of free cryptocurrency and recruitment bonuses for signing up others, reports Korea Joon Gang Daily. дальше »

2019-4-8 12:29


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Bitcoin Mining Firm Hut 8 Lays Off More Employees

Hut 8, a Canadian Bitcoin mining firm has laid off more employees, citing poor revenue figures due to the prolonged cryptocurrency bear market of 2018. The Canadian Broadcasting Corporation (CBC) reports that it is the second round of staff cuts, following layoffs earlier in January 2019, as the company reportedly attempts to streamline its operationsRead MoreRead More. дальше »

2019-4-7 15:00


Barclays Analyst: Facebook’s Cryptocurrency Revenue Play Could Be A $19 Billion USD Opportunity

Barclays Analyst: Facebook’s Crypto Could Be A $19 Billion USD Revenue Opportunity You may have heard that Facebook is considering the launch of its own crypto. There are rumors about that for a long time now and analysts say that it could be a huge business opportunity for the company. Now, the Barclays bank has […] дальше »

2019-3-12 23:26


Facebook Cryptocurrency Could Raise $19 Billion, ‘Reinvigorate’ Company: Barclays

There’s a massive upside for Facebook entering the crypto space, according to tech analysts on Wall Street. The Facebook cryptocurrency, which will reportedly be used to facilitate cross-border payments and will have stablecoin properties, is worth at least $19 billion in revenue within the next two years, CNBC reports. дальше »

2019-3-12 21:14