About Author:
1 Confirmation with Jeff and Dave
A graduate of English, I stumbled on cryptocurrency while trying to proofread an article for a friend back in 2011, and since then, I have been hooked! I play word games when I am less busy (I'm a pro by the way) and I am a tennis aficionado.
A columnist for The Wall Street Journal (WSJ) recently spoke about the upcoming Facebook cryptocurrency, Libra. According to the article, the columnist opines that the proposed stablecoin isn’t as promising as projected and added that Libra gives Facebook the “license to print money.” Libra Will Become a Private Central Bank Recently,...
Bitcoin mining behemoth, Bitmain, may likely revive its initial public offering (IPO) plans following bitcoin’s price surge. According to a Bloomberg report on Jun 21, 2019, the company this time around, would be making its filing in the United States instead of Hong Kong. BTC Hike Unfreezes Bitmain IPO Plans...
A Russian lawmaker has recently stated that Facebook’s expected cryptocurrency, Libra, would not be given preferential treatment in Russia. Per a report by Tass on June 18, 2019, the country wasn’t planning to adopt a crypto-friendly legislature. Going by Russia’s rough relationship with the social media giant, the recent opposition to the company’s project...
The Big Four consulting firm PricewaterhouseCoopers (PwC), revealed via a press release published June 19, 2019, the addition of a tool to its Halo Suite that would be used to audit cryptocurrency transactions. Per the report, the new software tools presently support eight virtual tokens, including bitcoin, bitcoin cash, litecoin, and...
According to a blog post on the Binance website on June 17, 2019, the cryptocurrency exchange giant announced plans to launch BTCB, their Bitcoin-pegged token. The pairing is the beginning of a string of similar crypto-pegged BEP2 token pairs for trading on the Binance DEX platform, per the announcement. First...
The law enforcement agency of the European Union, Europol, revealed at a recent cryptocurrency conference that it was developing a cryptocurrency game that would train law enforcement agencies on how to trace and investigate virtual currency-related crimes. According to a press release on June 14, 2019, the agency and stakeholders in...
According to a technical analysis by a Fundstrat strategist, the cryptocurrency market is set for renewed price gains. Per a Bloomberg report on June 13, 2019, Litecoin could also continue its positive start to the year as its halving inches closer, creating further hype which could push its price even higher. Improving...
Since the beginning of April 2019, Tether (USDT) market capitalization seems to be growing in tandem with the recent bitcoin price surge. The current USDT market cap which stands at $3.34 billion surged 65 percent since the bull rally on April 1, 2019. In the meantime, Tether’s current performance comes...
The Financial Action Task Force (FATF) is set to release new rules and guidelines regarding the cryptocurrency market. Per a report on Bloomberg on June 11, 2019, the upgraded guidance seeks to apply bank rules to the innovative sector. Old Rules, New Tech With the continuous growth of the cryptocurrency sector, alongside its...
The French government is looking to introduce clear-cut regulations for ICOs in the country. As reported by Crowdfund Insider on June 10, 2019, regulators in the country want to issue rules governing the issuance of utility ICO tokens, which would serve as a new “ICO regime.” France Moving ahead of the...
It appears that encrypted-messaging app Telegram is finally going forward with the public sale of its Gram tokens, as announced in a press release on June 11, 2019. This comes after the messaging app initially canceled its earlier public ICO plan, amid a firestorm of SEC clampdown on the funding mechanism....
Once again, American customers are being denied access to some cryptocurrencies. Following a blog post on June 7, 2019, Bittrex announced that it would transition over 30 coins to its European affiliate, Bittrex International, an exclusive trading platform for non-U.S. customers. According to the announcement, U.S. traders had until June...
Cryptocurrency tax evaders may not be able to hide in the shadows any longer, as tax agencies are now on the alert. Countries like Japan and Australia have placed virtual currency evaders on their priority list and are seeking effective means to nab cryptocurrency tax offenders. This according to reports by The Sydney...
According to an online poll result released on June 1, 2019, statistics show that EOS account holders have voted in favor of a massive slash in the annual inflation rate, from five to one percent. The poll comes as a result of the excess inflation rate accumulated over time on the...
Liquidators of dissolved New Zealand-based cryptocurrency exchange, Cryptopia, released its first report on May 31, 2019. The report detailed the current state of the exchange along with its financial status and revealed a liability of over $4 million. $4.22 Million Outstanding Debt Following the liquidation of New Zealand-based cryptocurrency exchange, Cryptopia,...
