Tagged: cryptocurrency

Crypto Management Platform Blox Announces Integration With æternity Protocol

Blox.io, a platform for cryptocurrency management, accounting, and cost basis, announced on Monday the launch of its integration with the æternity protocol, which is a scalable smart contract platform that enables interaction with real-world data. According to Blox, the new integration will provide æternity users… Read More

Cryptocurrency Tax Automation Software Provider TaxBit Secures $5 Million Though Seed Funding Round

TaxBit, a U.S.-based cryptocurrency tax automation software provider, announced on Monday it secured $5 million through its latest seed funding round. Participants of the round included TTV Capital, Dragonfly Capital Partners, Collaborative Fund, Winklevoss Capital, Valar Ventures, Global Founders Capital, Table Management, and Album VC,… Read More

Burger King Venezuela Set to Accept Bitcoin Payments in 40 Restaurant Locations

Burger King in Venezuela will soon be allowing Bitcoin as a form of payment. According to Cointelegraph, a single Burger King branch, which is located in the Sambil area of Caracas, now accepts Bitcoin as well as altcoins Ether (ETH), Litecoin (LTC), Binance Coin (BNB),… Read More

OKEx Reports USDT-Margined Hits Record High: With More Than $4 billion USDT Trading Volumes Since Launch

OKEx, a Malta-based digital assets exchange, announced on Friday its USDT-margined futures trading has recorded an all-time high in trading volume with over $4 billion USDT (record of $41,877,476,728 USDT as of January 1st) after going live on November 14th, while USDT-perpetual swap trading has been a strong force to… Read More

South Korea Officials Cause Confusion With Drafting Legislation to Tax Individual Cryptocurrency Profit

South Korea officials are reportedly causing some confusion with the latest drafted legislation that will tax individual crypto profits. According to Cointelegraph, South Korea’s officials stated that under current law, the government cannot impose income taxes on individual profits that are from cryptocurrency transactions. South… Read More

Coinbase’s Brian Armstrong Looks Back at Cryptocurrency’s Progress Over the Past Decade

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  Following the celebration of the new year/2020’s, Coinbase’s Co-Founder and CEO, Brian Armstrong, revealed his thoughts about cryptocurrency’s progress over the past decade. He observed the following: Armstrong stated that Bitcoin did not fail, as many predicted. He stated: “It’s easy to forget, but… Read More

Hong Kong’s CoinEx Chain Foundation Announces New Support Program to Encourage Community Development

Hong Kong-based CoinEx Chain Foundation announced on Thursday the launch of its new support program. According to the foundation, the program was designed to support more institutions and individuals to participate in the creation of CoinEx Chain’s ecosystem. “Every quarter, the Foundation will commit up… Read More

Ripple Announces 2020 Cryptocurrency Predictions

Ripple, a provider of enterprise blockchain solutions for payments, recently announced its cryptocurrency predictions for 2020. The company’s executive team discussed their thoughts about digital currency and what they expect in the upcoming year. Sharing his thoughts, CEO of Ripple, Brad Garlinghouse, stated: “I think… Read More

YouTube Claims to Mistakenly Remove Cryptocurrency Videos Off Platform; Then Quickly Reinstates Most

  Earlier this week, YouTube was reportedly accused of deleting cryptocurrency education videos through its video-sharing platform. Although the allegations appear to be accurate, Coindesk reported that YouTube called the video purge a mistake. Following the deletion of apparently millions of videos, YouTube notably restored… Read More

Circle Plans to Focus on Stablecoin Platform in 2020

Digital asset ecosystem company Circle is planning to focus its efforts on stablecoins globally, dollars on public blockchains (USDC) specifically, in the upcoming year. Circle reported that its 2020 product roadmap sees this “focus” emerging first in the form of new global payment, custody, and… Read More

The Bahamas’ Central Bank to Launch Digital Currency

The Bahamas’ Central Bank announced earlier this week that it will introduce a digital version of the Bahamian dollar, starting with a pilot phase in Exuma later this month, and extending in the first half of 2020 to Abaco. According to the bank, this initiative… Read More

Zcoin Announces Launch of Crowdfunding System

Privacy Coin Zcoin (XZC) announced on Thursday the launch of its new crowdfunding system (ZCS) in an effort to decentralizing funding and decision making of the project. The platform revealed: “The Zcoin team intends for the ZCS to serve as a transition from funding directly… Read More

American Cancer Society Partners With BitPay to Accept Bitcoin Donations

Non-profit cancer research organization American Cancer Society is now accepting bitcoin donations through its collaboration with global blockchain payments provider BitPay. According to Coindesk, BitPay has handled more than $50 million in donations since 2017 for various organizations, including American Red Cross, BitGive Foundation, United… Read More

Uzbekistan Issues First License For Cryptocurrency Exchanges Activities Implementation

The National Agency of Project Management in Uzbekistan announced earlier this week the first license for the implementation of cryptocurrency exchanges activities has been issued. The organization reported that in accordance with the Decree of the President of the Republic of Uzbekistan dated September 2,… Read More

Rakuten Wallet Announces New Service to Enable Users to Convert Rakuten Super Points to Crypto Assets

Rakuten Wallet, Inc., a consolidated subsidiary of Rakuten Group and operator of a crypto asset (virtual currency) exchange business, announced on Tuesday it has launched a new service that enables users to convert Rakuten Super Points from Rakuten Group’s loyalty points program to crypto assets… Read More

Coinbase Reportedly Plans to Shut Down Cryptocurrency Learning Platform Earn.com

Cryptocurrency exchange platform Coinbase is reportedly set to shut down the cryptocurrency learning platform, Earn.com. This news comes just a little over a year and a half after Coinbase acquired Earn.com. As part of the acquisition, Earn’s Co-Founder and CEO, Balaji Srinivasan, joined Coinbase and… Read More

Crypto.com Now Allowing Singapore Users to Buy & Sell Crypto in SGD Instantly With Xfers Wallet

Just a little over a month after announcing its partnership with Xfers, a Singapore-based payment processing gateway, Hong Kong-based cryptocurrency platform Crypto.com has announced it is now allowing its Singapore users to buy and sell crypto in SGD instantly with Xfers Wallet.  Crypto.com reported that through… Read More

Ripple Secures $200 Million Through Series C Funding Round Led By Tetragon

Ripple, a provider of enterprise blockchain solutions for payments, announced on Friday it secured $200 million through its Series C funding round, which was led by Tetragon with participation from SBI Holdings and Route 66 Ventures. Founded in 2012, Ripple claims it provides one frictionless… Read More

Hong Kong Crypto Exchange CoinEx Receives Operating License in Estonia

CoinEx, a global and professional cryptocurrency exchange service provider, announced on Friday it received an operating license from the Estonian Financial Intelligence Unit (FIU). The Hong Kong-based platform is now a fully regulated cryptocurrency exchange under the Estonian laws and is now able to provide… Read More

Coinbase Teams Up With DustAid to Facilitate Crypto Donalds to NSPCC & Other Organizations This Christmas

Cryptocurrency exchange platform Coinbase announced earlier this week it has partnered with DustAid to enable customers to donate crypto to three charities this Christmas. According to Coinbase, DustAid is an organization that facilitates crypto donations to projects across the globe. This partnership will allow Coinbase… Read More

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