Cryptocurrency News
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Coinbase custody adds TON's GRAM token support
The custodial division of Coinbase announced its readiness to add support for GRAM tokens of the upcoming Telegram Open Network project. In addition to GRAM, Coinbase Custody is going to add Solana (SOL) and Orchid (OXT) coins after launching the respective networks. Company representatives...
Crypto investors receive new income-reporting rules from IRS
Internal Revenue Service sent new guidance to cryptocurrency holders. The IRS published two documents (a ruling and a question-and-answer paper) on Wednesday. This is the first guidance since 2014, and it contains information about expected methods of reports about income from cryptocurrencies....
Mark Zuckerberg will testify in the US Congress about Libra
The head of the largest social network Facebook Mark Zuckerberg will testify before the Committee on financial services of the US House of Representatives. This was reported on the website of the department. Hearings on “studying the impact of Facebook on financial services and housing” will be...
Senators warn Visa, Mastercard, Stripe on Libra membership
Two Senate Democrats are warning three payment corporations to review their membership in the Libra Association and involvement with the crypto project of the Facebook. Senator Sherrod Brown of Ohio and Senator Brian Schatz of Hawaii are sure that Libra is a threat not only to the worldwide economy...
EC promised to introduce single rules for regulating crypto
The current Executive Vice President of the European Commission for Financial Services and Economics Valdis Dombrovskis promised, in the event of his re-election to this post, to introduce new rules for regulating the cryptocurrency industry. It is reported by Reuters. According to him, in light of...
Backers of Tether sued over the market manipulation
A class-action complaint accuses the corporations behind the Tether stablecoin of “propping and popping the largest bubble in history,” which led to a disappearance of $256 billion in crypto wealth. The complaint accuses the issuer of Tether of manipulating Bitcoin prices. The suing process...
Ukraine: propose to legalize mining and create crypto valley
On Monday, October 7, a meeting was held on the regulation of the crypto and blockchain industry in Ukraine. Representatives of the Ministry of Digital Transformation, the Verkhovna Rada, the Office of Effective Regulation (BRDO), as well as relevant associations and businesses participated in it....
Sceptics can now bet on Facebook’s Libra launch delays
After Facebook announced its plans about launching a cryptocurrency, it faced overwhelming scorn. And now everyone is sceptically tuned that the launch will be at the time Facebook has targeted. A crypto-futures exchange CoinFLEX is now offering derivatives that payout based on the likelihood will...
A case on theft of $1 million from sale of miners in Armenia
Armenian law enforcement authorities suspect a 22-year-old citizen of stealing $1,046,000 from the sale of equipment for cryptocurrency mining. In October last year, the suspect met with a potential buyer and offered him to purchase the Z9 mini ASIC miner, the News-Armenia news agency reported...
PayPal didn't attend Libra Association meeting
Representatives of the payment company PayPal did not attend a meeting with members of the Libra Association in Washington, where they discussed a strategy for cooperation with regulators amid fierce criticism of the project. According to sources in the Financial Times, only PayPal was not present...
An early BTC millionaire loses his love for the industry
Bitcoin dropped 20% in late September, and one of the earliest Bitcoin millionaires came back to Twitter to talk about this. Jered Kenna is 37 years old, and he used to own thousands of BTCs, which he got for cents. Kenna also managed the initial crypto exchange in the US - TradeHill Inc. In a post...
Chainalysis tracks suspicious transactions on 10 ETH tokens
Chainalysis, an analytic startup, added support for 10 ERC-20 tokens to its solution to counter money laundering using cryptocurrencies. This was reported by The Block. Support added for Maker, Dai, 0x, OmiseGo, Basic Attention Token, and other assets. Chainalysis will also provide its customers...
Ohio state stops accepting tax payments in bitcoins
Ohio Treasurer Robert Sprag announced the suspension of the OhioCrypto.com web service, which allowed companies registered in the region to pay taxes in bitcoins. Ohio opened the opportunity for businesses to pay taxes with cryptocurrency in November 2018. The service was organized in partnership...
Scientists proposed alter bitcoin with 0 energy consumption
Scientists from the Lausanne Polytechnic School claim that they have developed an algorithm that will ensure the security of cryptocurrency transactions at the bitcoin level with practically zero energy consumption. According to Professor Rashid Gerraui, unlike the first cryptocurrency, the new...
Facebook Libra payment partners hesitate on cryptocurrency
Four payment corporations that have already joined to the Libra Association as originating members are hesitating on officially approving the crypto plan. Mastercard, Paypal, Stripe and Visa are troubled about their further contacts with governors, who have doubts about the Libra. Heads of these...
Maduro: Venezuela will activate a crypto payment method soon
President of Venezuela Nicolas Maduro said in a press conference that the government of his country uses cryptocurrencies as a method for free international and national payments. During the press conference on 30 September, Maduro said that Venezuela is cooperating within the crypto world and...
Binance has frozen 12 billion TRX tokens
Binance cryptocurrency exchange froze over 12 billion TRX tokens and, having voted them, came out on top in the list of 27 Tron super-representatives (block manufacturers). It is reported by UToday. Binance’s voices are believed to have provided user funds that are stored on its staking platform....
IMF proposes to attract private companies to launch CBDC
A synthetic central bank digital currency (sCBDC) based on public-private partnerships is better than a fully functional CBDC. It was said by the International Monetary Fund. Tobias Adrian, director of the IMF's currency control and capital market department, and Tommaso Mancini-Griffoli, deputy...
Cryptocurrency came to us in 2009 and became a twofold phenomenon. Many think these assets will bring freedom to the traditional financial system: many suppose they can give opportunities to scammers and fraud. But no matter what, everyone understands that crypto has become a serious game-changer in world economics.
Cryptocurrencies are becoming more and more popular day by day. One of the reasons for that is P2P transactions. People can send money to each other without bank mediation, faster and cheaper.
Nowadays, more than 2000 crypto coins are operating on the market. Because of active tradings with high volumes, the crypto market regularly improves. And when some people rely only on technical analysis of the market, others need to know what happens fundamentally. And here is where Blockchain Today can help.
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