#Bitcoin News

Survey: 36% of Small Businesses in America Accept Virtual Currency Payments

January 16, 2020 by Osato Avan-Nomayo at Bitcoin

At least a third of new small businesses in the U.S. are accepting crypto payments according to a survey by HSB. However, growing cyber threats connected to virtual currencies might scupper virtual currency adoption by smaller businesses. One-third of U.S. Small Businesses Accept Crypto Payments In a press release published...

Bitcoin and Ether Market Update: January 16, 2020

January 16, 2020 by Georgi Hristov at Altcoins, Bitcoin, Cryptocurrency Market Outlook, Ethereum, Price Analysis, Price pages

The total crypto market cap added $20 billion to its value since the morning of Monday, January 13 and now stands at $236.5 billion. Top ten coins showed mixed results for the last 24 hours with Bitcoin SV (BSV) losing 13.7 percent of its value while Cardano (ADA) moved up...

Kim Jong Un Hacking a laptop with glasses on

UN Warns Public Not to Attend Crypto Conference in North Korea

January 15, 2020 by Osato Avan-Nomayo at Bitcoin

The United Nations (UN) is warning crypto-enthusiasts not to attend a cryptocurrency conference slated to be held in North Korea. Like the U.S., the UN maintains that attending tech conferences in North Korea amount to a violation of international sanctions. UN Blocks Path To North Korea Crypto Conference According to...

QuadrigaCX: FBI Collaborating with Suspected Victims to Solve the Mystery

January 15, 2020 by Ogwu Osaemezu Emmanuel at Bitcoin

The United States Federal Bureau of Investigation (FBI) has finally contacted some of the bitcoin (BTC) traders who lost their hard-earned money to QuadrigaCX and is now working with them to dig up more facts concerning the exchange’s collapse, according to reports on January 14, 2020. FBI Sends Emails to...

U.S.: Bitwise Asset Management Withdraws Bitcoin ETF Application With SEC

January 15, 2020 by Aisshwarya Tiwari at Bitcoin

According to January 14, 2020, form filed with the U.S. Securities and Exchange Commission (SEC), Bitwise Asset Management has officially withdrawn its application for a Bitcoin (BTC) exchange-traded fund. Reasons for Withdrawal Unclear In what comes as a major jolt to the long-standing dream of the cryptocurrency community of a...

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Crypto Investments are Risky, Says Texas Regulator to “Mom-and-Pop” Investors

January 14, 2020 by Osato Avan-Nomayo at Bitcoin

The Texas State Securities Board (TSSB) says people need to be wary of crypto investments while assuring Texans of continuing its mandate of robust oversight on cryptocurrency-related activities in the state. Crypto Investments Need Proper Due Diligence According to Law360, mom-and-pop investors in Texas need to be careful about crypto...

Wisdomtree Looks to Expand Its Crypto Push with SEC-Approved Stablecoin

January 14, 2020 by Ogwu Osaemezu Emmanuel at Bitcoin

Wisdomtree Investments, Inc. a heavyweight United States-based exchange-traded fund sponsor and asset manager with over $41 billion in asset under management, has announced plans to launch its own stablecoin. The firm says the non-volatile digital currency will be regulated by the Securities and Exchange Commission (SEC) and backed by a...

NBA Assessing Revised Offer on Spencer Dinwiddie’s Contract Tokenization

January 14, 2020 by Ashwath Balakrishnan at Bitcoin

Spencer Dinwiddie, a point guard for the Brooklyn Nets, is set to become the first sports player to tokenize their contract and sell it as an investment vehicle. Dinwiddie's contract will be sold as bonds on Ethereum and bondholders will be able to claim his income via the contract. Effectively,...

South Korea: Hacked Crypto Exchange Upbit Finally Resumes ETH Deposits and Withdrawals

January 14, 2020 by Ogwu Osaemezu Emmanuel at Bitcoin

Upbit, a top South Korea-based cryptocurrency exchange that lost $51 million worth of ether (ETH) to hackers last year, has announced that it has resumed deposits and withdrawals for the altcoin, reports Business Korea on January 14, 2019. Upbit Moves On After Massive Ether Hack Cryptocurrency exchange hacks and heists...

Crypto Exchanges Facing Greater Compliance Costs as AMLD5 Comes into Effect

January 13, 2020 by Osato Avan-Nomayo at Bitcoin

With the European Union (EU) member states adopting the Fifth Anti-Money Laundering Directive (AMLD5), crypto exchanges in the region could see their compliance costs rise significantly. Meanwhile, financial regulators in the U.K. have moved to directly oversee AML compliance for cryptocurrency exchange platforms. More Compliance Costs Incoming for Crypto Exchanges...

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