Cryptocurrency Analysis and News Portal
The United States’s Securities and Exchange Commission, or SEC, has filed a proposal for final court judgement in regard of the terminated Telegram Open Network project.In a document filed on June 25, the SEC has asked the New York Southern District Court to order million dollar penalties to multiple defendants
Read More
Australian residents can now pay for bitcoin at more than 3,500 national post offices. The new service launched by Cryptox.trade.au is aimed at promoting cryptocurrencies to mainstream audiences, alongside established businesses and organizations.On June 24, 2020, the firm Cryptox.trade.au announced a partnership with the local Australia Post. The collaboration
Read More
Reading Time: 2 minutes by Ash T on June 18, 2020 Bitcoin Singapore-based carpooling app Ryde will now let customers pay for rides with Bitcoin (BTC), reports Cryptox, June 17, 2020. Pay for Rides with Bitcoin From next week onwards, Ryde users in Singapore will be able to pay for their commute via Bitcoin. Per sources
Read More
The Internal Revenue Service (IRS) has won a case in which it demanded that a Maryland couple liquidate their bitcoin to pay-off a $1.1 million tax debt.Alexander and Laura Strashny proposed to the IRS to pay their 2017 tax liability, generated from non-crypto activities, in installments over a six-year
Read More
Singapore-based company announced it will be the first ride-hailing service to incorporate bitcoin payments into its own app Ryde, Singapore’s first carpooling app, will now let customers pay for rides with bitcoin. The company announced Wednesday that it will be the world’s first and only cryptocurrency wallet that allows users to pay
Read More
Cyber-thieves from the Bitfinex hack of four years ago continue to cash out, this time transferring the equivalent of $4.1 million in bitcoin to an unknown wallet address.Crypto tracking tool Whale Alert reports that hackers moved 416 bitcoin (BTC) on June 11. The funds, valued at $4.1 million at
Read More
In early June, media outlets reported that the NetWalker ransomware gang had attacked Michigan State University, or MSU. At the time, the gang threatened to leak students’ records and financial documents. The university’s officials now have said that they will not pay the ransom.According to Detroit Free Press, the unspecified
Read More
Can build a better blockchain by paying people to burn one down? Beniamin Mincu, Transylvanian chief executive and founder of the Elrond Network, is in the midst of a 15-day campaign to do just that. Nearly two years after first revealing his “secure proof-of-stake” sharding protocol in a technical white paper,
Read More
Warren Buffett made a classic rookie investing blunder when he sold Berkshire’s airline holdings in April. He panic-sold the stocks, right before the industry bottomed out in May. The big four U.S. airlines have soared since then, posting gains of up to 100%. When Warren Buffett dumped all
Read More
[sociallocker id="55298"] The next generation of consoles promises a substantial leap in graphical detail and fidelity. PlayStation CEO, Jim Ryan, says development costs will rise as a consequence. Could publishers up the cost of games to mitigate the generational transition? The next-gen leap promised by the PS5 comes at a cost.
Read More