‌Northern Data and Japan’s SBI Crypto Announces Strategic Partnership

Northern Data ( Company working in the field of High-Performance Computing and specialised in building the infrastructure for blockchain applications) announced a strategic cooperative partnership with SBI Crypto Ltd. (a subsidiary of Japan-based SBI crypto engaged in crypto mining activities) in the field of applied blockchain technology and cryptocurrency. What...

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‌BILLCRYPT FACES THE FINAL PART OF ICO WITH GOOD FEELINGS

The news has reached us that Billcrypt is reaching the final phase of his ICO, with which he intends to raise funds for an ambitious project that we are going to talk to today. We are going to try to explain carefully what they offer us, step by step, as...

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‌Ether and Fortnite Delisted as Convertible Virtual Currency by IRS

The United State’s tax collection agency, the Internal Revenue Authority (IRS), has removed ether plus two other gaming tokens from among the list of convertible virtual currencies. The two other popular gaming tokens are Fortnite’s V-bucks and Roblox’s Robux. Moreover, according to a report by Bloomberg Tax, the changes happened...

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‌Patent Applications Help Digital Yuan's Launch Picks up The Pace

China has taken the level up by a notch when it comes to blockchain and digital payments development, and it has been pondering over its digital yuan for some time now. Japan is still playing catch up, and Apple Pay in the US has become a more welcoming method lately....

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📢 📢 Indian Authorities Indicts Crypto Dark Web Narcotics Dealer | Cryptoknowmics

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‌'Zuckerberg's Libra Coin Won't Work’: AgoraDesk co-founder claims

Advocates of privacy coins and currency decentralization have joined hands in the rejection of Facebook Libra. As part of a widespread rejection of Mark Zuckerberg’s stable coin Libra, supporters of decentralized digital currencies, as well as privacy advocates, join a long list of organizations and politicians, claiming that a digital...

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‌IRS Slammed On Crypto Tax By The US Watchdog

The US representative for Texas, Kevin Brady, has requested the Internal Revenue Service (IRS) to clarify how the tax was being imposed on cryptocurrencies and on its transactions. In reply to Brady’s request, the Government Accountability Office (GAO), the watchdog of the US Congress published a report while evaluating the...

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‌DropBit CEO Charged With Money Laundering By US Authorities

The CEO of the crypto wallet provider, DropBit, was prosecuted for intentionally laundering $311 million worth BTC for darknet transactions. Federal Court charged Lary Dean Harmon for allegedly being involved in illegal transactions in underground marketplaces. Allegation On CEO of DropBit Federal Court of US released the detailed document related...

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‌Ripple and Coinbase Among America's Biggest Fintech Firms

2019 was a tremendous year for financial technology startups as the industry garnered the most attention and the adoption rates went quite high as well. Up from $13billion in 2018, fintech firms recorded $18 billion in capital funding in 2019. Well, back in 2018 capital funding did not portend well...

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‌Coinbase Custody Gets SOC 1 and SOC 2: Grant Thornton Report

A major accounting firm, Grant Thornton, on February 12, 2020, published a press release stating that the crypto custody arm of the major United States-based cryptocurrency exchange, Coinbase has been granted two new security evaluation i.e., Security Organization Control (SOC) 1 Type 2 and a SOC 2 Type 2. Coinbase...

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‌Margin Trading Launched by Coinbase For US Users

The United States authorities are pretty stern in their approach to protect investments of the people from risks and losses. This is what mostly causes crypto companies to swerve in other directions and not offer US resident their services. Although there is no categorical ban on Americans to indulge in...

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‌Blockchain Alluring For Cloud Vendors, Amazon Triumphs

According to a report from Canalys, 2019 saw a surge in the spending of cloud computing by 37 per cent, with institutions around the globe spending a record $107 billion on its infrastructure. The report suggests that the kind of amount that is getting splashed is primarily on migrating software...

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‌Binance.US Cites Ripple XRP As Future Of Banking Remittance Services

Two interesting developments related to Ripple's XRP has emerged within a day:  Binance.US has included XRP/USD trading support in its mobile app. BRD, the non-custodial crypto wallet has added support for XRP. Ripple's Xpring Will Invest In BRD On 11 October 2019, BRD declared that it has strategically partnered with Ripple....

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‌Canaan Sees More Than 80% Rise In Its Stock Price

On Wednesday, bitcoin miner manufacturer, Canaan that was listed on the Nasdaq exchange, saw a growth of more than 80% in its stock price.  CAN, stock of Canaan, at trading day's end closed at $8.04 per share, which represented a growth of about 82.73%. According to some reports, the stock...

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‌Coinbase Ranks as The Most Secure Cryptocurrency Exchange Firm

Analysis firm, CryptoCompare recently released the exchange firms ranking report for the period Q4 of 2019. As per the report, the exchange firms were ranked based on various features like their security level, legal compliance, customer service e.t.c. To much delight, itBit ranked as the best exchange for the first...

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‌Binance’s Order Book Delays Block Profits Of The Exchange

Binance, Malta-based Cryptocurrency Exchange is experiencing the delay in its order books. According to some trading pairs, technical glitches have affected the Binance. The Infamous Order Book Delay The order book can be termed as the tool which pictures the list of pending orders of the people, in particular, Exchange...

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‌Bitfinex Desists Support For ERC20 Zilliqa (ZIL) After Token Swap Completion

Leading cryptocurrency exchange, Bitfinex announced in a blog post on Thursday that it has completed the Zilliqa (ZIL) token swap, ahead of the deadline, which was scheduled on the 15 February 2020. Activities on the ZIL token such as deposits and withdrawals have resumed on the exchange's platform, following the...

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‌DTCC Calls For DLT Specific Security Framework

The global financial market infrastructure giant, DTCC (Depository Trust & Clearing Corporation) states the need to update the traditional IT security frameworks to tackle the blockchain. DTCC published a new white paper for the creation of DLT-specific Framework and an industry consortium to originate into guidelines and regulations for the...

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‌FCoin Employee Alleged Of Destroying Token Worth $75 Million

One of the employees of FCoin has been alleged of destroying its token worth $75 million. According to the allegations, the unnamed man has destroyed those FCoin Tokens which belonged to the team members of the cryptocurrency project. The first allegation against the man was made by the popular Chinese...

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