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Facebook’s Libra ‘cryptocurrency’ is missing one thing: monetary policy

Facebook has outlined the economics of its new Libra cryptocurrency, revealing it will create a secondary token intended specifically to pay dividends to early backers. It’s called the Libra Investment Token, and it will only be available to members of the Libra Association (which maintains the network) and other accredited investors. дальше »

2019-6-18 13:52


To Support Growth of Crypto Space, Chinese City Offers Rent Subsidies for Blockchain Companies

The blockchain industry is a growing market, and there are many regions that are hoping to become a big part of the revenue it comes with. Fuzhou, a city in China, has decided to provide rent support for blockchain businesses, hoping to bring more of these companies into their economy, according to reports from People’s […] дальше »

2019-6-12 03:12


Over 90% Loss in Revenue for Major Crypto Site CCN After Google’s New ‘Broad Core’ Algorithm Update

Google’s Update Leads to Huge Drop in Site Traffic for Crypto News Media Outlets On June 3, 2019, search engine giant Google released a “broad core algorithm update” which included various changes to how websites may be ranked – depending on the type of content they provide. Soon after the update went live, several leading […] дальше »

2019-6-10 19:54


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Global cryptocurrency task force closes in on sophisticated tax cheats

A global sweep of cryptocurrency tax avoidance schemes is imminent, with the number of active lines of inquiry set to nearly double – or so says a coalition of money laundering investigators from the US, Australia, Britain, Canada, and the Netherlands J5, a team of five countries formed by the US Internal Revenue Service to fight cryptocurrency-powered crimes such as tax fraud, has 60 open investigations, but the Sydney Morning Herald reports it’s now considering additional 50. дальше »

2019-6-6 14:40


Longfin’s Stock Price Rose After “Crypto Pivot” Announcement, Gets Charged With Fraud by the SEC

Longfin Corp. and its CEO Venkata Meenavalli were recently accused of fraud by the U. S. Securities and Exchange Commission (SEC). According to the SEC filing, the company committed fraud because it lied when it affirmed that it had way more revenue than it actually had at the time. This impacted the price of its […] дальше »

2019-6-6 04:18


Bitcoin Traders in Japan to See More Government Interference For $93 Million in Undisclosed Revenue

There are more than a few countries in the world where cryptocurrency is largely frowned at. China, for example, isn’t the most receptive to crypto as the government not only openly condemns it but also tries to pass laws that ensure that the growth of the cryptocurrency sector is as stifled as possible. Even though […] дальше »

2019-6-6 23:33


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FBI Seeks for QuadrigaCX Victims to Aid Ongoing Investigation

According to a report by the Federal Bureau of Investigation (FBI) on June 3, 2019, it is conducting an ongoing investigation alongside the Internal Revenue Service Criminal Investigation (IRS-CI), the United States Attorney’s Office for the District of Columbia, and the Department of Justice’s Computer Crime and Intellectual Property Section to seek victims who lostRead MoreRead More. дальше »

2019-6-5 13:00


Why is BitPay Still Lying About Bitcoin Transaction Fees?

US cryptocurrency payment processor BitPay has come under fire again after appearing to steer consumers to use altcoin Bitcoin Cash. BitPay Disguises Revenue Ploy As BTC ‘Network Fee’ A screenshot uploaded to Reddit June 5 appears to show part of the checkout process for domain name resource Namecheap, which allows cryptocurrency payments via a BitPay plugin. дальше »

2019-6-5 13:00


Cryptopia: Most revenue for bankrupt exchange came from U.S. account holders

Stephen D Palley, a partner in the Washington DC office of Anderson Kill, shed light on the Cryptopia – US Bankruptcy court filing, on his Twitter handle. Cryptopia, a now-defunct New Zealand cryptocurrency exchange, has constantly been in the limelight of the cryptocurrency space ever since it was hacked in mid-January 2019. дальше »

2019-5-28 22:00


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LocalBitcoins Denies Service to Iranian Users

The popular peer-to-peer bitcoin trading network LocalBitcoins has shut down all trading operations for Iranian users. LocalBitcoins’ website offers a variety of pages for users of different nations and, as of May 24, 2019, the Iranian page displays a message that “LocalBitcoins is currently not available in your selected region,” in English only. дальше »

2019-5-25 20:14