More and more banks will expose their clients to cryptocurrencies. ING is no different, as it too is working on custodial services for digital assets. This news isn’t entirely surprising, as banks continue to struggle to turn a profit. A new Plan for ING Bank Introducing new products and services […]
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SolarisBank Will Provide Custodial Digital Asset Services in Germany
Some surprising cryptocurrency news has come out of Germany this week. It now appears banks in the country prepare to embrace digital assets in every way possible. The first bank openly pledging support is SolarisBank. A Smart Move by SolarisBank The company confirmed it will launch a digital asset custody […]
BitPay Enables Stablecoin Support but Evades Using Tether
It has been a while since BitPay surprised the cryptocurrency industry. In a new turn of events, the company is looking to step up its commerce game by removing volatility whenever possible. The press release confirms BitPay will begin offering stablecoin payments for both merchants and consumers all over the […]
How to Keep Crypto Mining Operations Profitable
Known as digital gold, Bitcoin (BTC) is the most well-known cryptocurrency. Since the moment the Bitcoin network came into existence back in 2009, this crypto coin already had a value associated with it. But how are new coins generated? Bitcoin mining is the computational process that solves mathematical calculations to […]
South Korea Prepares to Draft Bitcoin Capital Gains Tax Guidelines
The South Korean government wants to tax capital gains on cryptocurrencies. This new decree has yet to be officially improved by the proper authorities. South Korean news outlet Korea Times claims the government wants to impose capital gains taxes on virtual currencies, including bitcoin. Bitcoin Taxation in South Korea This […]
TheLitecoinApp Turns one Year old and is Still Free of Charge
Although Litecoin is often criticized for a lack of development, the community tends to come up with new solutions. One user has developed TheLitecoinApp, which gives users access to everything Litecoin-related. Although one could easily find Litecoin-related resources online, having them all in one app adds a degree of convenience. […]
Ethtrader Users Are Pleased With the DONUT Token Launch
Many people questioned the viability of issuing Donuts on the Ethereum blockchain. This new currency for the Ethtrader subreddit has been well-received by the community so far. For a token that is only usable on a subreddit, one wouldn’t necessarily expect there to be much interest. DONUT is More Popular […]
Mythic Gods Unchained Card Sells for 210 Ether
Some decentralized applications have noted major successes in 2019. Gods Unchained can now be added to this list, as the project keeps making various headlines. Blockchain-based trading card games have always been rather popular among cryptocurrency enthusiasts. A Major Gods Unchained Card Auction So much even that some are willing […]
Litecoin’s Partnership With the Miami Dolphins Isn’t a big Success
Introducing additional use cases for cryptocurrencies is very difficult. Litecoin is an accepted payment method at the Miami Dolphins stadium, but it isn’t too popular. Prior to the 2019 NFL season’s beginning, the Miami Dolphins shocked the world by announcing Litecoin payments would be accepted. Miami Dolphins Don’t see Much […]
British Virgin Islands Government Turning to Blockchain?
Blockchain technology was first introduced through Bitcoin as a means to aid and empower global citizens. However, governments worldwide are increasingly looking into the nascent tech as a means of building out their own economies and national infrastructure. Cryptocurrency and blockchain tech have broad applications, as has been exemplified by […]
Litecoin’s MimbleWimble Privacy Upgrade is Bitcoin Friendly
Litecoin has undertaken to create a new privacy upgrade, using techniques that were initially developed for Bitcoin. The proposal will enable users to access an opt-in privacy software by making MimbleWimble transactions on an Extension Blocks kind of side-chain. Litecoin’s MimbleWimble privacy upgrade is Bitcoin friendly, so let’s take a […]
BitTok Launches Mainstream Blockchain Assets
Recently, BitTok (bittok.io), a global cryptocurrency exchange headquartered in Singapore, announced the launch of 6 major blockchain assets including LTC, BCH, ETC, DASH, ZEC, BSV. From the perspectives of appreciation capabilities, liquidity, and security, the launch of multiple blockchain assets in batches this time will not only helps attract a […]
Suspicious Black Friday Deal for a KeepKey is Best Avoided
Black Friday has arrived, which means there are numerous deals and bargains to scoop up. One particular offering for a cryptocurrency hardware wallet raises a lot of questions, though. There are many reasons why Black Friday has become the favorite “holiday” of millions of consumers globally. Black Friday is a […]
Fidelity Investments Incentivizes Employees Through an ERC-1404 Token
Many crypto enthusiasts hope to see financial institutions embrace this new form of money sooner or later. It now appears Fidelity Investments has done so, at least where its employees are concerned. It is rather uncommon for a financial service provider to openly embrace the concept of cryptocurrencies. A Bold […]
Tether Faces Another Lawsuit in the Western District of Washington
Tether has come under scrutiny time and time again in the past year and a half. It now appears the company faces another lawsuit in Washington State. The new lawsuit was filed on November 22, and addresses both Tether and Bitfinex. Another day in Court for Tether and Bitfinex It […]
World Chess Creates a Hybrid IPO Through a Digital Token
The concept of issuing a digital token is often associated with raising funds. For World Chess, that is not entirely the case, although it will ultimately serve a similar purpose. World Chess, the company broadcasting the World Chess Championships, will issue a digital token before launching its IPO in 2020. […]
South Korea Wants to Focus on Blockchain Research and Development in 2021
China recently announced it would invest up to $2bn in blockchain technology. South Korean officials are planning to do the same, albeit with just 20% of the funds to allocate. It has been coming for some time now, but governments are officially paying attention to blockchain technology. South Korea to […]
There are no Crypto Office Raids in Shanghai Despite Bold Claims by Some
It would appear there is a lot of misleading being distributed in the cryptocurrency space today. Any reports regarding “office raids” in Shanghai against crypto firms need to be taken with a few grains of salt. Wherever one looks, it would appear cryptocurrency firms with offices in Shanghai are being […]