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Analysis: Cryptocurrency Point of Sales (PoS) Platforms Could Fuel Global Crypto Adoption

While the cryptocurrency markets bull run of 2017 succeeded in bringing digital assets global consciousness, the rollercoaster ride did very little to increase meaningful adoption, as most holders bought bitcoin and other cryptoassets for only speculative purposes and not for… Continue Reading →

Romania: Bitcoin Exchange CEO Vlad Nistor Arrested for Money Laundering, May Face US Extradition

According to a local Romanian news outlet Ziar de Cluj and others, Vlad Nistor — the CEO of Romania-based Bitcoin exchange CoinFlux — has been detained on behalf of the US government and is awaiting extradition. He was arrested in the… Continue Reading →

Samsung Files for Three Blockchain-Related Applications in the European Union

Electronics giant Samsung has filed for three blockchain-related trademark applications in the European Union on December 10, 2018. Some tech websites suggest these applications are related to the company’s plan to offer a cryptocurrency cold wallet on its phones. Details on… Continue Reading →

Prosecutors Seek 10-Year Jail Sentence for Karpeles Over Mt. Gox Embezzlement

n nn nn Former Mt. Gox CEO Mark Karpeles has run into trouble in the Japanese legal system, and prosecutors are pursuing a 10-year jail sentence for alleged embezzlement during his tenure at Mt. Gox.According to a local Japanese news… Continue Reading →

The Worlds First ERC-20 and Bitcoin Atomic Swap Has Taken Place

n nn nn At the December 7, 2018, TenX Summit, a group of developers showcased an industry first an atomic swap between a non-native asset, TenXs PAY token, and a native asset, bitcoin.By non-native, the team is referring to an… Continue Reading →

BCH Devs Discuss Securing Instant Transactions With the Avalanche Protocol

Over the last couple of weeks, the Bitcoin Cash (BCH) community has been talking fervently about zero-confirmation transactions and a new pre-consensus mechanism called Avalanche. On Monday, Openbazaar developer Chris Pacia published a comprehensive description of the pre-consensus protocol that… Continue Reading →

‘What is Bitcoin’ Ranked Among Top Google Searches in 2018

About a year ago, Google searches for “Bitcoin” surpassed searches relating to Donald Trump. Now that Google has published its 2018 year-in-review of search terms, “What is Bitcoin” is among the top questions that people are asking Google, at least… Continue Reading →

Proof of Keys Celebration Encourages Individuals to Take Control of Their Digital Assets

The Proof Of Keys Celebration hosted on January 3 is encouraging members from the Bitcoin community to demand and take possession of their bitcoins currently held by trusted third parties. According to the Proof of Keys video uploaded on December… Continue Reading →

IBM Launches Blockchain Platform for US Oil Trade

[…] The post IBM Launches Blockchain Platform for US Oil Trade appeared first on CryptoCoinsNews.

Bitwala Begins Offering Bank Accounts With Bitcoin Wallet and Debit Card

Cryptocurrency banking provider Bitwala has started offering its banking service to cryptocurrency users in Germany, starting with 40,000 pre-registered customers. A spokesperson for the company has shared details with about this new service which will soon add support for… Continue Reading →

Bitcoin Price ‘Could Go from Bad to Worse’: Bearish Analyst

The most potential use case of bitcoin today is the store of value. But an analyst thinks otherwise. Stephen Innes, head of Asia Pacific trading at Oanda, a New York-based forex firm, believes that the world’s leading digital currency is due… Continue Reading →

Blockchain PR Firm Wachsmann Terminates 16 Employees as Crypto Market Plunges

According to an article by PR Week, published on December 10, 2018, blockchain public relations and events company Wachsman has laid off 16 employees due to the current crypto market turbulence. 16 Employees Axed by Wachsmann Founded in 2015, Wachsman… Continue Reading →

Razer Wants Gamers to Mine Cryptocurrency Using their Idle GPUs — But You Probably Shouldn’t

Gamers invest considerable sums in the GPU chips that power their computers. However, even the most hardcore “Fortnite” player will leave his or her gaming rig on idle for a significant chunk of each day while they go to work,… Continue Reading →

What is Holding Coinbase Back From Integrating Ripple (XRP) Into its Exchange?

On December 7, Coinbase, a leading crypto-to-fiat exchange, announced it is exploring 31 crypto assets to integrate into its exchange. One of the cryptocurrencies the exchange has been looking into is Ripple (XRP), the second most valuable asset in the… Continue Reading →

Netherlands to Regulate Cryptocurrencies in Bid to Curb Money Laundering

The Netherlands is seeking to regulate cryptocurrency companies, supposedly in a bid to prevent money laundering and alleged terrorist financing. All virtual currency businesses will now be required to obtain an operating license from De Nederlandsche Bank, the country’s central… Continue Reading →

Stablecoins Experience a Major Increase in On-Chain Transactions Despite Bear Market

Stablecoins have experienced a meteoric rise in popularity during the second half of 2018, with currencies such as TrueUSD, USDC, Paxos, and GUSD experiencing a 1032 percent increase in on-chain transactions took place in November vs. September 2018, Diar reported… Continue Reading →

Cryptocurrency Should be ‘Outlawed’: Allianz CEO Andreas Utermann

Despite this year’s prolonged cryptocurrency market decline, many mainstream financial institutions and wealth managers have continued to explore how to make this nascent asset class more accessible to their clients. Firms such as Goldman Sachs and Fidelity are building crypto… Continue Reading →

FATF: UK Crypto Exchanges Pose ‘Low’ Money Laundering, Terrorist Financing Risk

The Financial Action Task Force (FATF) revealed that crypto exchanges operating in the United Kingdom pose low money laundering (ML) and terrorist financing (TF) risks. The global standard setter for ML/TF published a report to evaluate the overall efforts that… Continue Reading →

The Daily: Enforces KYC, Okex Updates BCH Ticker

In today’s edition of The Daily we cover another cryptocurrency venue that now requires verification from traders, the latest exchange to update the BCH ticker since the recent hard fork, a new solution for reporting crypto taxes for cannabis merchants,… Continue Reading →

Denmark’s Tax Agency Targets 2,700 Nationals for Hiding Bitcoin Trades

Skattestyrelsen (SKAT), the Danish tax agency, has accelerated crackdown against a large number of nationals who secretly traded bitcoin on a Finnish crypto exchange. According to information shared by the Swedish Tax Agency, a total of 2,700 Danes purchased circa $5.80… Continue Reading →

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