A trusted source has confirmed that the Internal Revenue Service is going to conduct audits on cryptocurrency activities. The source said that the tax collection agency is planning to unleash a batch of audit notices. origin »

6 +

Central Bank of the Bahamas (CBOB)’s Project Sand Dollar is Coming to the Country.

Plans are underway from the Bahamas' Central Bank to unleash its digital coin. The announcement was made recently, and the bank said that this was in a bid to make the economy more resilient. Having their digital currency will ensure the economy remains stable even in times of natural disaster occurrences. The governor of the […] origin »

6 +

Reasons for Bitcoin Price 30% Surge from VanEck?s Director Include Xi Jinping?s DLT Statement.

As Bitcoin rocketed 30 percent last night, the crypto community is trying to find the causes and the head of VanEck offers his view of the reasons behind the BTC surge origin »

6 +

Final Russian Nuclear Researcher Receives Prison Sentence for Illegal Crypto Mining.

A nuclear lab researcher in Russia will reportedly be serving three years in a prison colony for allegedly using government equipment to illegally mine Bitcoin (BTC). Andrey Rybkin, a nuclear scientist working at the All-Russian... origin »

6 +

Facebook’s Libra is an anti-humanity issue: Ethereum Co-founder Joseph Lubin.

Co-founder of Ethereum, Joseph Lubin, recently took to Twitter to share his thoughts on Facebook’s Libra project. Lubin is just the latest crypto-personality to give his input on Facebook’s controversial crypto-project. origin »

6 +

Another AT&T SIM Swapping Hack Targets Trio of Crypto Execs.

Another crypto executive is suing AT&T over a SIM swapping hack that he claims cost him $1.7 million in digital assets. origin »

6 +

Bitfinex Claims it is a Victim of Crypto Capital’s Illicit Business Practices.

Over the years, there have been numerous allegations of wrongdoings by the Bitfinex exchange. None of those claims have ever been proven. In a recent announcement, the company claims it too fell victim to the business practices by Crypto Capital. origin »

6 +

Justin Sun: TRON Will Partner With $100B ‘Mega Corporation’ Next Week.

Justin Sun says that Tron will be announcing a new partnership with an American megacorporation next week

origin »

6 +

Crypto SIM Hack: Somber Reminder To Never Invest More Than You Can Afford to Lose.

The crypto market is a volatile market, and the emerging class of digital assets can both make millionaires overnight and completely wipe out one’s wealth in days. It’s also a wild west environment, rife with scammers, hackers, and more at every turn. origin »

6 +

Crypto Capital President Arrested, Bitfinex Releases Statement.

Following the arrest of Crypto Capital President Ivan Manuel Molina Lee, Bitfinex issued a statement regarding their relationship and seized funds. The post Crypto Capital President Arrested, Bitfinex Releases Statement appeared first on Bitcoin Magazine. origin »

6 +

Facebook’s Libra Isn’t DOA; It Will Move Forward, But Under Threat From Government Stablecoins.

While it feels like forever, it’s just been six months since the social media giant, Facebook, announced their stablecoin Libra. The subsequent backlash it’s received is both massive and lengthy. At the moment of writing, it’s unsure whether or not Facebook, along with the Association will even be able to launch Libra. Typically, if a […] origin »

6 +

Ford, GM, BMW and Others are Jointly Developing Blockchain-Powered Vehicle History PoC.

Automobiles giants including GM, Ford, BMW, Renault, and Honda among others, are coming together to leverage blockchain technology to explore new and disruptive ways to manufacture cars and diversify revenue streams. origin »

6 +

Binance Review 2020 – Is it Safe and How to Use It.

Binance is one of the crypto unicorns. CZ led exchange has taken crypto world by a storm and rocketed past its competition to take up the top spot in almost every cryptocurrency ranking out there. origin »

6 +

Bitcoin Price Pump Follows S&P 500, Fills CME Gap After China’s Blockchain Endorsement.

The Bitcoin price has pumped significantly following Chinese President Xi Jingping’s call for the country to become a global blockchain leader. However, there is more behind BTC’s pump than just that. origin »

6 +

Bitcoin SV Announcement Inbound as BSV Price Increases.

On October 6, 2019, Bitcoin SV passed Bitcoin on the number of daily transactions on its network. This was a much-needed piece of positive news, considering that, since the hard fork from Bitcoin Cash (BCH) in November 2018, BSV has decreased massively in price and has mostly been associated with the negative coverage towards Craig […] The post Bitcoin SV Announcement Inbound as BSV Price Increases appeared first on BeInCrypto. origin »

6 +

Ethereum’s Vitalik Buterin addresses FUD around Google’s ‘quantum supremacy’ claim.

Ethereum Co-founder Vitalik Buterin spoke to Angie Lau of Forkast News about the status of Ethereum 2. 0 development and the potential for future applications on the network. During the interview, he spoke about the substantial progress in scaling technologies — a problem Ethereum has been wrestling with for a long time. origin »

5 +

Bitcoin Still in a “Local Bear Structure, Inside a Macro Bull Market” – Prominent Analyst.

Bitcoin has been on a tear, going from about $7,350 yesterday to well above $10,000. On some exchanges, it went as high as $10,600. This has been the 3rd largest one-day gain in Bitcoin’s 10-year long history. origin »

5 +

With a 42% Surge Bitcoin Prints the 3rd Highest Percentage of Gains in History, No Alt Season?.

The last two times Bitcoin saw more than 42% of the daily gain, the flagship cryptocurrency was trading at $0. 40 and $0. 65. With 42% gains, BTC recorded 3rd highest percentage of gain in its history. origin »

5 +

Battled Cryptopia Exchange Releases New Update and Statutory Report for Stakeholders.

Grant Thornton, the liquidators of the hacked New Zealand bitcoin exchange Cryptopia, recently released a statutory report on the progress it has made. The legislative report was on its liquidation process. origin »

5 +

XRP Forming a Bullish, Trend Reversal Pattern, Where Does Ripple Coin Price Head Next?.

In the past 24 hours, while Bitcoin has surged over 22%, XRP is up only about 3% in the USD market while trading below $0.30 at $0.29, as per Coincodex. XRP is down by more than 14% against BTC. While the digital asset has seen an increase of nearly 13% in the past one month, […] origin »

5 +

Bitfinex Cries Foul On Laundering Allegations, Claims It Was The Victim Of A Fraud.

In an official statement released by Bitfinex on Friday, the company says it was conned. On October 24th the President of Crypto Capital, Ivan Manuel Monlia Lee, was arrested by the Polish police. He's been charged with laundering up to $390 million in cryptocurrencies for a Columbian drug cartel. Bitifinex claims that any suggestion that […] origin »

5 +

Coinbase CEO highlights his surprise, disappointment at pushback faced by Libra.

The United States’ financial services industry “does not feel innovated,” according to Coinbase CEO Brian Armstrong, and he thinks that the “US should embrace anybody who’s trying to innovate in this area, even if they don’t like the company that it comes from. origin »

5 +

Binance to Work with Chainlink (LINK) to Supply Crypto Data for Decentralized Finance Apps.

The giant exchange platform Binance, announced that it would join hands with Chainlink. This partnership will enable Binance to spread its crypto information and data to other blockchain technologies. origin »

5 +

Mistakes Crypto Owners and Traders Should Avoid.

There are many pitfalls one can easily get caught in when using, storing, investing or trading cryptocurrencies. While some mistakes could cost you a fortune, most of the common ones can easily be avoided. origin »

5 +

BNC Pro’s ‘Agile’ advantage.

‘Agile’ refers to self managing teams tasked with developing disruptive software. The agile process is seen as a solution to software development bottlenecks. This article provides a high level overview of the agile development framework and explains how Brave New Coin is implementing it within the BNC Pro roadmap. origin »

5 +

Cardano’s Shelley incentivized testnet will launch in November.

The incentivized testnet of Shelley, the next iteration of the Cardano blockchain, is set to roll out in November. Users on the incentivized testnet will be able to earn real ADA rewards from staking that will be moved to the mainnet once Shelley officially rolls out. origin »

5 +

Bitcoin’s ‘Death Cross’: Here’s what you need to know about Bitcoin’s pump.

Bitcoin’s slump after the Bakkt announcement and another slump almost a month later was a dream come true for the shorts, but little did they know that their happy dream would turn into a nightmare soon. origin »

5 +

Cryptopia Liquidators Have Recovered Digital Assets — Yet to Announce Repayment Date.

Since its last update more than two months ago, liquidators of the hacked cryptocurrency exchange Cryptopia have now provided details on the current state of progress — but there’s still no firm date for reimbursement. origin »

5 +

Gauntlet Joins Forces with Stellar (XLM), Celo and Compound .

Gauntlet, a simulation platform that builds the financial models of blockchain networks and applications to prepare them against attacks, has joined forces with Stellar Lumens (XLM), Celo, and Compound, a platform for decentralized finance (DeFi). origin »

5 +

Deribit Bitcoin Futures Exchange Prepares to Enforce KYC in Line With AMLD5.

Cryptocurrency traders using the Netherlands-based Bitcoin futures and options trading platform, Deribit, may soon have to undergo rigorous KYC and AML procedures. The change will come into effect starting early Jan 2020 and are in line with the guidelines prescribed by the fifth EU Anti-Money Laundering Directive (AMLD 5). origin »

5 +

Trader Predicts Bitcoin Bottom 10 Months in Advance, $16K Next Week?.

In a sudden and strong movement, the Bitcoin price surged 18. 8%, going from $7,393 — the lowest point of today — to as high as $8,784. Currently, the leading cryptocurrency is trading at $8,563, as per Coincodex. origin »

5 +

Ethereum Targets Dec. 4 for Istanbul Mainnet Activation.

Ethereum’s next system-wide upgrade, Istanbul, is scheduled to arrive on mainnet the week of Dec. 4. origin »

5 +

LocalBitcoin Suffers a Massive 30% Drop in Trade Volumes, Even In Low Economic Freedom Areas.

From the first week of October, LocalBitcoins, a cryptocurrency exchange, could only watch as their trade volumes went into a freefall. At the end of last week, the exchange only saw around $38.49 million in BTC traded, while this may seem high to conventional people, for the finance industry, this is not a good sign. […] origin »

5 +

Prominent investor believes Ethereum’s monetary policy is underrated.

Ryan Sean Adams, a crypto investor at Mythos Capital, believes Ethereum has a significantly better monetary policy than Bitcoin. In his Bankless newsletter, Adams argued that Bitcoin’s fixed supply means there will be fewer funds to subsidize security, while Ethereum’s minimum necessary issuance (MNI) means greater network security. origin »

5 +

Ethereum’s Istanbul hard fork scheduled for early December.

As Ethereum 2. 0 approaches its expected deployment timeline, the community has been shedding focus on other developments within the ecosystem. While Ethereum co-founder Vitalik Buterin recently highlighted the recent change in Sharding protocol, Tim Beiko, Product Manager at PegaSys Protocol Engineering shared yet another update regarding the much expected Istanbul hard fork. origin »

5 +

2 Reasons to Ignore Bitcoin’s Latest Price Dips.

Bitcoin has been trading in a choppy price zone since breaking down from its 2019 high in June, but two recent developments should make us optimistic about its long-term future. There is speculation abound over how Bitcoin will close out the final year of the decade. origin »

5 +

XRP, not Bitcoin, is better suited for retail needs: Xago’s Jurgen Kuhnel.

Xago, a Cape Town-based Fintech firm, recently announced its custom-built crypto-exchange and ‘XRP Gateway’ based on the Ripple Ledger. The aim of the exchange is to build a new retail payment network using blockchain technology, one which would enable retailers to settle their payments faster and more efficiently using their existing hardware. origin »

4 +

SEC’s aggressive enforcement, Jay Clayton’s chairmanship slowing down cryptocurrency market.

The role of regulations for cryptocurrency adoption is pivotal as policies decide the level of exposure the cryptocurrency space can get in front of the general population. The United States’ Securities and Exchange Commission has been one of the most active regulators in this regard, with many of its members gaining an interest in the […] The post SEC’s aggressive enforcement, Jay Clayton’s chairmanship slowing down cryptocurrency market appeared first on AMBCrypto. origin »

4 +

Litecoin’s brief price recovery could turn out to be fake-out.

Litecoin [LTC] has seen exponential growth since the start of the year. The price however, failed to recover following Litecoin’s halving event and according to metrics, seasoned traders took profits weeks before the event and left the scene. origin »

4 +

Kraken clarifies its involvement with Crypto Capital after Molina Lee’s arrest.

On 26 October, Bitcoin was on a roller coaster that only went up. The coin broke the $9000 market within hours, going on to briefly cross the $10,000 mark. According to CoinMarketCap, the king coin recorded a hike of over 20 percent over the past day and was trading at an aggregated value of $9218, […] The post Kraken clarifies its involvement with Crypto Capital after Molina Lee’s arrest appeared first on AMBCrypto. origin »

4 +

Exhausted Bitcoin Price Down 13% From $10,500 Daily High.

Bitcoin (BTC) has seen an absolute whirlwind 24 hours. Over the course of a single day’s time, $400 million worth of BitMEX positions were liquidated, Bakkt volume surged to fresh all-time highs, blockchain became a topic of discussion for Chinese President Xi Jinping, amongst other crazy events that managed to fall into the time span. origin »

4 +

Three Reasons Why Bitcoin (BTC) Price Surged 40 Percent.

Bitcoin (BTC) and crypto markets have been on fire over the past twelve hours or so. A $55 billion cash injection has lifted them out of the doldrums in one of the largest pumps in recent history. origin »

4 +

Poloniex May Issue an Exchange Token if Justin Sun Acquires It.

There have been rumors circulating that Tron founder and CEO Justin Sun is leading an investment group that plans to acquire the U. S. -based Poloniex exchange. If so, we can probably expect Sun to tokenize the exchange in some way, as per usual. origin »

4 +

Altcoins React on BTC’s Sudden Surge, Some Major Coins Post Double-Digit Gains.

Following Bitcoin’s sudden jump earlier in the day, altcoin markets have also entered the green zone

origin »

4 +

Trading Legend Peter Brandt Says Ripple's XRP Price Is About to Complete "Diamond Bottom," Reveals His Next Target.

Peter Brandt sets a new bullish target for Ripple's XRP, which is about to complete a diamond bottom origin »

4 +

Binance to support DeFi through Chainlink collaboration.

On October 25, Binance officially announced that it would be supporting growth of decentralized finance (DeFi) by collaborating with Chainlink to connect the cryptocurrency data on its platform to blockchains. origin »

4 +

Accenture Teams Up With R3, SAP To Develop ‘Seamless Financial Services Ecosystem’ Using DLT.

The consultancy firm Accenture partners with an enterprise blockchain technology company, R3. The partnership also involves a leading software firm SAP – the three firms are collectively developing a prototype that will lessen the time required to execute high-value transactions. origin »

4 +