Coinbase CEO Brian Armstrong says the U.S. Senate’s action to pressure Libra participants is “very un-American.” Coinbase CEO has criticized United States’ senators for asking Stripe, Mastercard and Visa to leave Facebook’s crypto project Libra. “Something feels very un-American about…
Kategorie: Crypto Flash News
Kik Announces It’s ‘Here to Stay’ in Apparent Reversal of Fortunes
Social media and messaging app Kik has revealed it’s “here to stay,” in an apparent reversal of earlier plans to shut down amid legal difficulties. Canadian social media and messaging app Kik has revealed it’s “here to stay,” in an…
Italian Banks Successfully Test Data Reconciliation Via Blockchain
The reconciliation data of an entire year of Italian banking activity on a blockchain platform, announced the local banking association. The Italian Banking Association (ABI) successfully processed the reconciliation data of an entire year of local banking activity on a…
Report: Telegram’s ‘Force Majeure’ Clause Curbs Investor Compensation
Telegram’s pledge to return money to investors in the event of a delay to the launch of its blockchain network may be superseded by a “force majeure” clause in its purchase agreement. Telegram’s pledge to return money to investors in…
Bitcoin Price: Sudden Sunday Drop Has Analysts Eyeing $7.8K Support
A test of resilience for Bitcoin price now revolves around an area with $7,400 as its bottom, one market analyst suggests. Bitcoin price (BTC) returned to sideways trading on Oct. 14 after a sudden dip on Sunday evening saw markets…
Crypto IRS Audits: Hire Professionals or Do it Yourself?
The IRS is hunting crypto user identities. If you are audited, should you hire a professional or do it yourself? Do it yourself or outsource it? Rightly or wrongly, most people seem to fear the IRS, and an IRS audit…
BMW, General Motors, Ford to Start Testing Blockchain Payments in Cars
Tests of a blockchain car identification and payment system deployed by automakers Renault, BMW, General Motors, Ford and Honda will start next month. Five major automakers — BMW, General Motors, Ford, Renault and Honda — will start testing a blockchain…
Sudden Cyworld Shutdown Puts Clink Crypto Investors at Risk: Report
South Korean social media platform Cyworld has shut down operations prompting concerns about the future of its Clink cryptocurrency. South Korea’s Cyworld social media platform shuttered its services on Oct. 1 without giving any prior notice, English-language local media The…
Litecoin Turns 8 — Charlie Lee Says Foundation Not Near Bankruptcy
As Litecoin celebrated its eighth birthday on Oct. 13, its founder Charlie Lee fended off criticism about LTC and the Foundation’s finances. As Litecoin (LTC) celebrated its eighth birthday on Oct. 13, its founder Charlie Lee had to fend off…
Growth of BTC Millionaires Now Matches Bitcoin’s Early Years: New Data
Bitcoin wallets containing more than 1,000 BTC are now increasing at a rate seen only before the Mt. Gox collapse. The number of Bitcoin (BTC) addresses containing more than 1,000 BTC ($8.3 million) is growing at the same pace in…