CRYPTOCURRENCIES news

Power Plants in Iran Now Authorized to Mine Bitcoin

News.Bitcoin.com Lead Writer Jamie Redman Named One of the Best Crypto Bloggers

News.Bitcoin.com Lead Writer Jamie Redman Named One of the Best Crypto Bloggers

Lead Writer at News.Bitcoin.com, Jamie Redman has made Redeeem.com’s list of twelve influential go-to crypto bloggers. Redeeem says the list comprises names behind some of the most informative crypto news articles. In its citation, Redeeem says Jamie Redman, who is … read more.

Ethereum's 2020 Defi Boom Doubles Active Ether Addresses, But Fees Skyrocket

Ethereum’s 2020 Defi Boom Doubles Active Ether Addresses, But Fees Skyrocket

The number of active Ethereum addresses has grown aggressively in 2020 because of the decentralized finance (defi) boom. Active Ethereum addresses doubled in size leaving networks like Tron, Cardano, and EOS in the dust. There’s a lot happening in the … read more.

China's Supreme Court Recommends Increasing Crypto Property Rights Protection

China’s Supreme Court Recommends Increasing Crypto Property Rights Protection

The supreme court of China has recommended increasing the legal protection of property rights, including digital currency ownership rights. The recommendations also focus on solving issues such as “the use of public power to infringe private property rights, illegal seizures, … read more.

South Korea to Charge 20% Tax on Bitcoin Profits Under New Law

South Korea to Charge 20% Tax on Bitcoin Profits Under New Law

South Korea will now tax profits made from buying and selling of cryptocurrency at 20% after the government agreed to the decision on Wednesday. The decision was reached after months of debate. According to a taxation policy amendment notice released … read more.

US Regulator Green-Lights Banks for Cryptocurrency Custody Services

US Regulator Green-Lights Banks for Cryptocurrency Custody Services

The Office of the Comptroller of the Currency (OCC) has clarified that national banks and federal savings associations can provide cryptocurrency custody services for customers. The OCC sees banks providing crypto custody services as “a modern form of traditional bank … read more.

New Russian Law Bans Bitcoin Payments for Goods and Services

New Russian Law Bans Bitcoin Payments for Goods and Services

Russian lawmakers have passed a bill that gives legal status to cryptocurrencies such as bitcoin – but bans them from being used to pay for goods and services. Legislators approved the Digital Financial Assets (DFA) bill on July 22 after … read more.

Coinbase Processed $500,000 in Bitcoin Payments That Helped Ex-Nissan Chairman Flee Japan

Coinbase processed $500,000 in bitcoin payments that aided the dramatic escape of former Nissan Motor Co. chairman Carlos Ghosn from Japan, according to Bloomberg. In December, two Americans used a box to smuggle Ghosn out of the Asian country, where … read more.

Veteran Analyst Peter Brandt Scorns 'XRP's Bag Holder,' Compares Ripple to the Fed

Veteran Analyst Peter Brandt Scorns ‘XRP’s Bag Holder,’ Compares Ripple to the Fed

Veteran trader Peter Brandt knocked the digital currency XRP on Thursday and compared the crypto token company Ripple to the U.S. Federal Reserve. Brandt said he believes the company behind the coin will double the token supply, and he doesn’t … read more.

Bitcoin Suisse Completes a $48 Million Series A Financing Round

Bitcoin Suisse Completes a $48 Million Series A Financing Round

Swiss crypto financial services provider, Bitcoin Suisse completes its first financing round of $ 48 million (CHF 45 million). The completed Series A financing round now has Bitcoin Suisse’s 2019 pro forma equity totaling around $108 million. The financing round … read more.

How Billion-Dollar Crypto Scams Lure Victims

How Billion-Dollar Crypto Scams Lure Victims

In the past week, reports emerged that some key members of the Onecoin scam were found dead in Mexico. According to reports, the two Oscar Brito Ibarra and Ignacio Ibarra may have been kidnapped and murdered but the motives behind … read more.