Cryptocurrency Analysis and News Portal
Ethereum Foundation researcher Virgil Griffith plans to request changes to a court case against him — the result of a trip to North Korea.Griffith “will now seek to get the case moved for lack of venue out of the U.S. District Court for the Southern District of New York,” the
Read More
Not all central bank digital currencies (CBDCs) are created equal, a Georgetown Law Professor said during a Commodity Futures Trading Commission (CFTC) tech advisory meeting last Thursday. A digital currency backed by the Federal Reserve was one of the main topics discussed during the four hour-long remote meeting, organized by the
Read More
Reddit is anticipating big demand for its Ethereum-based “Community Points” system only one month after rolling out the product. Now the social media site is looking for a scaling solution. Posted in the r/Ethereum subreddit Thursday, Reddit announced a partnership with the Ethereum Foundation to find a Layer 2 (L2) scaling technique
Read More
[sociallocker id="55298"] The Marshall Islands’ project says its creation of a digital sovereign currency, named SOV, aims to be a “game-changer”. It could also pioneer how governments respond to crises such as the COVID-19 pandemic.In an exclusive interview with Cryptox, Joel Telpner, chairman of Sullivan’s Fintech and Blockchain Practice and
Read More
Eminem is reportedly willing to take on DMX in a Verzuz battle. DMX does not stand a chance against the Detroit rapper Throughout his career, Eminem has sought opponents who stand no chance against him. Eminem is one of the greatest rappers of all-time, there’s no debating that. But
Read More
The United States Internal Revenue Service (IRS) is reportedly soliciting third-party contractors to assist with calculations of cryptocurrency users’ transactions. Crypto tax software firm CryptoTrader.Tax publicly shared details of a letter it claims to have received from the IRS on May 12, together with an accompanying Statement of Work. The latter has
Read More
Shortly after sealing an approval from the United States Securities and Exchange Commission for its security token offering, Singaporean blockchain project BitcoinHD (BHD) is seeking a listing on major exchange Coinbase.On March 30, the SEC had approved BHD’s blockchain-based STO under what is known as a Form D exemption. Form D
Read More
A Chinese city in the world's bitcoin mining hub is publicly encouraging the blockchain industry to help consume excessive hydroelectricity ahead of the summer rainy season.Ya'an, one of the many cities in China's mountainous Sichuan province, a region that's estimated to account for over 50 percent of Bitcoin network's computing
Read MoreCatering to the social realm of the digital sphere, crypto exchange, Bitfinex, announced its own social network, which opened today. On the exchange's social network, called Bitfinex Pulse, customers can immerse themselves in the energetic world of trading, collaborating on concepts, and other market related activities, said a statement provided to
Read More
Switzerland’s “crypto valley”, a fintech friendly region near Zurich, is seeking a 100 million Swiss franc ($102.7 million) fund from the federal government. This fund is allocated to bail out the troubled fintech companies, according to a Bloomberg April 26 report. Cantonal Finance Director, Heinz Taennler, said that the fund would
Read More