Cryptoknowmics
2.51K subscribers
1.72K photos
17 videos
37 files
30.9K links
At Cryptoknowmics, we aim to be the biggest media platform in the crypto niche and serve our readers with the latest news, updates and information in the crypto world.
Download Telegram
EOS Burns $132 Million Worth of Tokens to Curb Inflation

Following the EOS network’s decision to annul redundant assets,  the blockchain has undergone another token burn worth at least $132 million. This action curbed supply growth by 1 annually, all determined at the protocol level. The co-founder of Block.One, Brendan Blumer told press writers that he’d been caught...

Reach us on: https://www.cryptoknowmics.com/crypto/?p=160261
Crypto Startup Tagomi to Become Libra Association’s 22nd Member

New York-based prime crypto broker, Tagomi, is set to join the governing body of the Facebook-backed Libra coin as the 22nd member since the group was officially formed in October 2019. The brokerage startup was founded by Jennifer Campbell back in 2018. Moreover, according to a report by Techcrunch, Tagomi...

Reach us on: https://www.cryptoknowmics.com/crypto/?p=160290
BoJ's Amamiya: Cheaper CBDCs Could Hinder Private Sector Innovation

Amamiya Masayoshi, the deputy governor of Bank of Japan(BoJ), has stated that Central Bank Digital Currencies are affecting nations’ financial intermediation because of a change in funds. He also believed that central banks had to learn the advantages and disadvantages of CBDCs and explore new approaches to decrease the risks....

Reach us on: https://www.cryptoknowmics.com/crypto/?p=160282
Iranian General Calls For Use of Cryptocurrencies to Evade Sanctions

For years now, Iran has been a target of sanctions from the United States, which has deprived the nation of the ability to participate in an independent economic system that relies on the U.S. dollar. However, Iranians are closely looking at cryptocurrency to evade sanctions. News shared by a Farsi-language...

Reach us on: https://www.cryptoknowmics.com/crypto/?p=160263
Roger Ver Playing Safe on Mining Tax Again, Fearing Outrage

The BCH mining tax reform has become an Achilles heel for the Bitcoin Cash community and it seems that it made Roger Ver take a step back as well. The controversial plan was an infrastructure funding one which would have required miners to donate a substantial percentage (12.5%) of the...

Reach us on: https://www.cryptoknowmics.com/crypto/?p=160266
SEC Dismisses Wilshire Phoenix’s Bitcoin ETF Proposal Citing Fraud Concerns

The Securities and Exchange Commission (SEC) has quashed the remaining hopes of having shares of a Bitcoin exchange-traded fund. On February 26, the SEC filed a dissent claiming that the agency has rejected Wilshire Phoenix’s ETF proposal claiming that the firm did not provide adequate evidence to show that the...

Reach us on: https://www.cryptoknowmics.com/crypto/?p=160276
Hong Kong Would Boost Its Crypto Regulation Policies

During an annual budget speech on Wednesday, Paul Chan, the Financial Secretary, cited that Hong Kong might soon sustain its crypto sector policing to comply with global AML norms adequately. The Effect Of Regulations On Crypto Exchanges And Others Ensuring that detailed proposals would appear later this year, the secretary...

Reach us on: https://www.cryptoknowmics.com/crypto/?p=160255
Chamath Palihapitiya Believes Everyone Should Hold 1% Of Their Assets In Bitcoin

The Chairman of a spaceflight company Virgin Galactic, Chamath Palihapitiya, has stated that the investors who have Bitcoins (BTC) could use it as insurance, which they could use during a crisis. Bitcoin Is Fundamentally Uncorrelated While speaking on Squawk Box, a TV show by CNBC, Palihapitiya said that every investor,...

Reach us on: https://www.cryptoknowmics.com/crypto/?p=160299
Vitalik Buterin Rejects Stock-To-Flow’s Market Prediction For Bitcoin

The co-founder of Ethereum, Vitalik Buterin, on February 27, 2020, while criticizing the stock-to-flow’s prediction on twitter, mentioned that he does not believe that between 2021 and 2024, Bitcoin would trade at an average price of $100,000. Your daily reminder that 95%+ of articles of the form "event X will...

Reach us on: https://www.cryptoknowmics.com/crypto/?p=160325
Changpeng Zhao, a Bitcoin Billionaire - Hurun Global Rich List

Changpeng Zhao, the CEO of Binance, is a Bitcoin Billionaire, according to the Hurun Global rich list of 2020. This comes as a bit of a surprise since when there’s talk about Bitcoin Billionaires the name of the Winklevoss Twins is the one that usually pops up, who, as of...

Reach us on: https://www.cryptoknowmics.com/crypto/?p=160317
FCoin Resume Operations, Promises To Recover Lost Funds

FCoin, a cryptocurrency exchange from China, has now declared that it would restart its operations. Earlier, the exchange announced its insolvency and stopped its operations. A committee was established after the exchange declared bankruptcy, promising to return users' funds finally. FCoin Will Resume Operations For FCoin And FMex The existing...

Reach us on: https://www.cryptoknowmics.com/crypto/?p=160313
Ukraine Justice System Employee Charged For Illegal Mining Of Cryptocurrency

An employee of Ukraine’s State Judicial Administration has been charged in the mining case at his workplace. According to the reports, the IT officer was misusing his official position so that he could illegally mine cryptocurrency. Ukraine charges Employee For Illegal Mining At Workplace The Kyiv City Prosecutor’s office, on...

Reach us on: https://www.cryptoknowmics.com/crypto/?p=160345
Azimo To Use Ripple Tech For Philippines Remittance Corridor

Azimo, a money transfer service from Europe, was tapping technology from Ripple, a popular blockchain firm, outflowing its funds to the Philippines. How The Partnership Will Benefit Azimo On Tuesday, it was announced that Azimo would start using Ripple's ODL(On-Demand Liquidity) service to improve the speed of customers' money transfers....

Reach us on: https://www.cryptoknowmics.com/crypto/?p=160302
SEC Charges Actor Steven Seagal with Unlawful Promotion of ICO

US Securities and Exchange Commission (SEC) announced it had settled charges against Hollywood Icon Steven Seagal for failing to disclose promotional work revenue. SEC said in a Thursday Press Release how the actor failed to disclose being promised $250,000 cash and at least $750,000 worth of B2G tokens. This would...

Reach us on: https://www.cryptoknowmics.com/crypto/?p=160371
Can Ethereum overcome sell pressure and surge 10% in the next week?

Altcoins' fate is tied to Bitcoin and there is nothing anything or anyone can do about it. Even Ethereum, the king of altcoins cannot escape this fate, however, it might overcome the selling pressure in a few days. After a recent, massive bitcoin sell-off, the price has recuperated already and...

Reach us on: https://www.cryptoknowmics.com/crypto/?p=160366
CFTC Advisory Committee Holds Meeting to Better Understand Stablecoins

The technology advisory committee of the CFTC sat down on Feb 26 in efforts to better understand stablecoins, custodial practises crypto-insurance and cybersecurity. During the meeting, three stablecoin projects were in attendance. Namely, Paxo, JPM Coin and MarkerDAO. In discussion were the different aspects of stablecoins. Paxos CEO Charles Cascarilla...

Reach us on: https://www.cryptoknowmics.com/crypto/?p=160388
Major Exchange Tests Clearview AI facial Recognition Technology

Coinbase has admitted to testing controversial AI recognition technology Clearview. However, the exchange denied allegations that the test involved customer data. The leading global cryptocurrency exchange prides in a user base of at least 30 million accounts and about 20 million monthly visits. Therefore, it is easy to see the...

Reach us on: https://www.cryptoknowmics.com/crypto/?p=160405
Binance Facilitates Zero-cost Fiat Fees For Popular Payment Methods

Binance now offers zero-fees payment method to its users for the purchase of Cryptocurrencies with British pounds, Euros and Australian dollars. Binance announced its new zero-fee campaign for purchasing crypto on 27 February. Users can now enjoy zero charges if they would use EUR, AUD and GBP payment method and...

Reach us on: https://www.cryptoknowmics.com/crypto/?p=160369