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WCIT blockchain

Blockchain and decentralization at WCIT 2019 conference

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The most long-awaited IT conference of the year was held in Armenia. It also covered the topic of using the blockchain technology. WCIT 2019 was held in the capital of Armenia, Yerevan from October 6 to 9 with the support and under the high patronage of the Government of the Republic of Armenia. It...

TON GRAM Coinbase

Coinbase custody adds TON's GRAM token support

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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...

Internal Revenue Service

Crypto investors receive new income-reporting rules from IRS

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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....

Zuckerberg Libra Congress

Mark Zuckerberg will testify in the US Congress about Libra

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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...

Visa MasterCard Stripe

Senators warn Visa, Mastercard, Stripe on Libra membership

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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...

regulation of crypto

EC promised to introduce single rules for regulating crypto

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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...

Tether stablecoin

Backers of Tether sued over the market manipulation

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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

Ukraine: propose to legalize mining and create crypto valley

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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....

Libra coin

Sceptics can now bet on Facebook’s Libra launch delays

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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...

Armenia crypto mining

A case on theft of $1 million from sale of miners in Armenia

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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...

Depository Trust & Clearing Corporation

DTCC delays the blockchain project to avoid Brexit problems

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The start of a post-trade system for derivatives, based on blockchain and designed by The Depository Trust & Clearing Corporation, is delayed for several months because of issues that have been raised by Brexit. The officials from the US CSD think that the delay, which hasn't mentioned before,...

Libra Paypal Facebook

PayPal didn't attend Libra Association meeting

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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...

Jered Kenna

An early BTC millionaire loses his love for the industry

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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 ERC-20 tokens

Chainalysis tracks suspicious transactions on 10 ETH tokens

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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...

OhioCrypto suspension

Ohio state stops accepting tax payments in bitcoins

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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...

Telegram Open Network

TON blockchain is near to a planned launch in late October

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Telegram Open Network addressed emails to its investors from which it’s becoming evident that the blockchain is near to a projected launch. Chief Technology Officer of TON Labs Mitja Goroshevskiy confirmed the talks about an email and added that the startup is going to run and control TON’s...

bitcoin zero energy

Scientists proposed alter bitcoin with 0 energy consumption

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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...

The Libra Association

Facebook Libra payment partners hesitate on cryptocurrency

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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...

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