Asia-based crypto lender BabelBank has announced a record-high number of crypto-collateralized loans issued amid new rebranding efforts. The crypto firm will now be called BabelFinance, a name change which, the company says, signifies its efforts to offer broader services for…
Category: Crypto Trends
Binance to Block All U.S. Users, Launch Regulation-Compliant Spinoff Site
Binance has announced that it will deny all cryptocurrency exchange services to users in the United States in the near future. On June 14, 2019, Binance’s official website posted an announcement claiming that “some users may be required to furnish…
P2P Bitcoin Exchanges Still Hodl Hodling On
In this episode, Dave and Grahm cover the recent news and developments happening around peer-to-peer (p2p) bitcoin exchanges. They talk with Hodl Hodl’s Max Keidun about LocalBitcoins, regulatory uncertainty, predictions and different kinds of p2p exchanges. Resources News: Paxful and…
Watch Bitcoin React as Bakkt Confirms Futures Market Testing Date
This article was originally published by 8btc and written by Olsegun Ogundeji. Bakkt has set a date to start accepting users for the testing of its bitcoin futures, COO Adam White confirmed. The confirmed date is an indication that its…
Statechains: Sending Keys, Not Coins, to Scale Bitcoin Off-Chain
Block space is limited: The Bitcoin blockchain can only process some 10 transactions per second, at most. To resolve this, Bitcoin’s technical community is developing second-layer protocols that process transactions “off-chain,” such as the Lightning Network and sidechains. Using clever…
Op Ed: Three Things to Watch for in Upcoming IRS Cryptocurrency Tax Guidelines
For the first time in more than five years, the IRS plans to release further cryptocurrency tax guidelines, according to Commissioner Charles P. Rettig. This guidance comes at the urging of tax professionals and consumers as the crypto and blockchain…
BRD Partners With Wyre to Offer Industry Low Bank Transfer Fees for Crypto
BRD, the most secure cryptocurrency mobile wallet trusted by over 2 million users in 170 countries, now allows U.S. customers to purchase bitcoin, ether and dai using bank transfers. This new capability for U.S. customers is supported by over 1,700…
How to Explain Bitcoin to Your Dad on Father’s Day: An Infographic
Father’s Day is a time to celebrate those dads who have sacrificed so much to bring us into the world, teach us how to thrive in it and show us how to make it a better place. For many children,…
Mobile Mesh Network Users Get New Incentives via Lightning
Mobile mesh network company goTenna has released the white paper for its new Lot49 protocol, an open-source project headed by company subsidiary Global Mesh Labs. goTenna has previously made headway in the crypto space with its work on decentralized mobile…
Benchmark Rankings Launched to Combat Faked Cryptocurrency Exchange Data
CryptoCompare, an English cryptocurrency data analysis firm, has launched a unique exchange benchmark product which would help provide safeguards against false exchange volume reports. On June 12, 2019, the firm revealed that its new product was developed as a means…
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