Cryptocurrency Analysis and News Portal
In what was dubbed the first of its kind purchase, two California council members were seen buying marijuana from a local store with cryptocurrency.The council members, Berkeley City’s Ben Bartlett and Emeryville City’s Dianne Martinez, were spotted in a local cannabis shop in Ohana on September 11th, where they reportedly
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Over the past month, we have seen the IRS, the tax collecting agency of the United States, send out more than 10,000 warning and action letters to suspected cryptocurrency holders and traders who may have misreported digital assets on their tax returns. Letters like the 6174-A, 6173 and CP2000
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The European Central Bank (ECB) has attacked plans for an Estonian state-operated cryptocurrency. ECB President, Mario Draghi shut down any talk of the proposal by saying about crypto assets:“No member state can introduce its own currency…The currency of the euro zone is the euro.”Many observers theorize that Draghi’s response is
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South Korean messaging giant Kakao’s “klay” token – the native cryptocurrency of its recently launched Klaytn blockchain – is soon make its first official exchange listing on Upbit’s platform. Ground X, the firm set up by Kakao to develop the
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North Korea to hold its 2nd Pyongyang Blockchain and Cryptocurrency Conference in February 2020 as part of a week-long tour, event organizers from the Korean Friendship Association (KFA) have said.After the first Pyongyang Blockchain and Cryptocurrency Conference organized last year (and ultimately occurred in April 2019), this might be the
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Binance shot to stardom in 2017, shocking the cryptocurrency industry by becoming the largest exchange platform in existence in under six months. Even more shocking was continued success through 2018, a year that saw many new platforms shutting their doors. Now, a flood of new exchanges offers hope and security
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Despite an exceptional performance by cryptocurrencies, especially Bitcoin(BTC)trade which has beaten essentially all other forms of assets to excel as a lucrative investment, some investors and analysts are still shying away from the crypto business.According to Walt Bettinger, the CEO of Charles Schwab – one of the most prestigious and
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With big institutional players flooding the global crypto space, it is a no-brainer to see one of the largest companies in the world, Apple, is “watching cryptocurrency.” The tech giant, which has successfully stamped its feet in the sand of times in the technology industry, recently revealed that it is
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South Korea’s biggest entertainment company SM Entertainment revealed that it will be launching its own cryptocurrency in collaboration with the tech organization CTIA Labs.SM Entertainment is popularly crowned as the largest South Korean entertainment company with an estimated annual revenue of $350 million. These figures for public introspection on the
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Linda A. Lacewell, Superintendent of Financial Services, confirmed that New York State Department of Financial Services (NYDFS) has allowed Paxos Trust Company LLC to offer a gold-backed virtual currency.This will be the first such virtual currency due to be authorized by NYDFS that will be backed by the gold and
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