Author: Jerry Dedmon
Cubans Likely To Use Bitcoin For Receiving Funds After Western Union Closes Due To US’s Sanctions
US imposed new sanctions regarding the sending of monies in Cuba. Monies cannot now be remitted to Cuba through Western Union. New sanctions were brought…
IRS Issues Notices To Taxpayers For Not Depositing Tax On Gains Earned On Crypto Assets
US IRS says that large number of crypto owners did not furnish required details in their annual filings. Disclosure of information relating to cryptocurrency ownership…
Coinbase Expects More Institutional Investment Coming In As The Worth of Crypto-Assets’ Available With It Exceeds US$ 20B
A press release issued by Coinbase revealed that the exchange had received huge investments this year. It was informed that at least 14 Billion US…
Huge Surge Recorded In Bitcoin Investors Who Were Once Bitcoin Flip Players
A news report suggested that during this year’s pandemic the number of players for the Bitcoin Flip game had increased manifold. The report also suggested…
Forbes Alongwith 2 Of Its Crypto Journalists Are Being Instituted In A Lawsuit Filed By Binance
A news report suggested that a fresh lawsuit had been filed by Binance against a media house in the US. Details suggested that Forbes Media…
BTC Mining Review Hits Yearly High, Going Above Pre-Halving Levels
According to recent research, it is rather obvious that key on-chain metrics have returned to the same levels they were before the halving of Bitcoin,…
A Famous Cryptocurrency Fund Manager Now has 500k Bitcoin in Its Holding
Just recently, one of the famous cryptocurrency fund managing firm known as Grayscale Investments has made an announcement. The Grayscale Investments has announced that it…
Unsettling Developments Taking Place in China Relating to Crypto
China’s law enforcement agencies being busy closing down several crypto exchanges. Blockchain-based-Bonds which were to be issued by a top commercial bank in China, got…
Binance CEO Claims US Traders Bypass US Block in ‘Intelligent’ Ways
The chief executive and founder of Binance crypto exchange, Changpeng ‘CZ’ Zhao went on record in an interview with Bloomberg to state that they have…
Value DeFi Hit by Flash Loan Exploit worth $6 million
It appears that Value DeFi has become the victim of a flash loan exploit that cost them $6 million. This occurred after a Twitter thread…
BitPay Unveils New Service for Businesses to Make Massive Payouts
Bitcoin access is becoming easier for merchants, with a number of tech companies coming up with solutions for improving the use case of the asset….
Unregistered ICOs Paid $1.2 Billion Fines to the SEC in 2020
A hard line approach has been taken by the Securities and Exchange Commission (SEC) in the United States when it comes to cryptocurrency regulation. Thanks…
Lebanese Central Bank Confirms CBDC Launch in 2021
The latest country to jump on the CBDC (Central Bank Digital Currency) bandwagon is Lebanon, as the top policymakers in the nation confirmed that they…
Coinbase’s Supremacy and The Risks of Losing Its Crypto-Crown
There was a time when Coinbase was comprised of only two men. It was back in the year 2018 when Coinbase got started in an…
Bitcoin Price Outlook Bullish Despite Drop due to Vaccine News
In the last 24 hours, Bitcoin’s price has seen a lot of volatility. After the abrupt increase in the Dow Jones Industrial Average of 800…
Paxos CEO Predicts Mass Adoption of Tokenized Assets
Last week, founder and CEO of Paxos, Charles Cascarilla participated in a discussion about the growth of PAXG, the gold-backed ERC-20 token they have introduced….
Axie Infinity Caps Strong Week with Ether Sale
The performance delivered by Axie Infinity continues to be beyond expectations, as the company has just noted record-breaking sales figures for the month. The NFT…
US$ 16K Is The New Milestone Set For Bitcoin But Ethereum Might Stand-Out In November
Bitcoin hits US$ 15,960 price on Binance. It is expected that Bitcoin will soon break the next price barrier of US$ 16,000 this month. However,…
US Seizes $25 Million in Crypto from Largest Pyramid Scheme in Brazil
Cryptocurrencies valued in millions of USD have been sized by the US authorities from one of the biggest and most notorious scams in Brazil. By…
US DOJ Orders Seizure of Crypto Worth $24M On Brazil’s Request
As part of the Brazilian investigation relating to the crypto scam, US DOJ had directed to seize $24 Million worth of cryptocurrencies. A matter was…
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