Category: cryptocurrencies

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Winklevoss’ Gemini to Offer Custody of .Crypto Blockchain Domains

Users can now store Unstoppable Domains’ .crypto addresses with Gemini Custody. Unstoppable Domains, a major blockchain domain provider, is hitting another milestone as Winklevoss brothers’ Gemini exchange now offers custody for its “.crypto” domains. Starting from July 23, users can store their “.crypto” addresses obtained through Unstoppable Domains with Gemini Custody — a tool that…
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Chainalysis Widens Access to Its Blockchain and Crypto Certification Program

Chainalysis is expanding access to its Chainalysis Cryptocurrency Fundamentals Certification program to the wider community. New York-based blockchain analytics firm Chainalysis is extending access to its certification program in crypto fundamentals to the wider professional community. Announced on July 23, the company said that its Chainalysis Cryptocurrency Fundamentals Certification (CCFC) would from now on be…
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Most Music Listeners Would Pay for Music with Crypto to Help Artists

The survey revealed that 65% of eMusic customers would use cryptocurrency to allow artists to receive a larger music revenue split. A survey conducted by pioneering digital music store eMusic revealed that most of their service’s users were open to paying with crypto if it allowed artists to earn more. The survey — shared exclusively…
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Can Compliance and AML Software Improve Cryptocurrency Business Sustainability?

Cryptocurrency businesses are facing increasing challenges as new regulations are introduced globally, which is changing the face of the industry and forcing companies to search for effective solutions. Anti-Money Laundering and Combatting the Financing of Terrorism regulations demand that financial companies follow strict guidelines in order to curb and track illicit activity. Staying in compliance…
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South Korea Will Air a Crypto-Themed TV Series in October

“Romantic Hacker” will feature a K-pop star whose story is based on the hack of a fictitious crypto exchange. A K-drama series titled “Romantic Hacker” is set to air online in October across South Korea. It focuses on crypto and blockchain-related topics and is linked to a romance story. The show is slated to film…
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Chinese Supreme Court Favors Strengthening Cryptocurrency Property Rights

China’s Supreme Court has called to strengthen property laws pertaining to digital currency, network virtual property and data. The Chinese Supreme Court believes that cryptocurrency property rights should be strengthened. In a document published on July 22, China’s Supreme Court calls for strengthening the protection of property rights pertaining to — among other things —…
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Could Compound’s Governance Token COMP Be Deemed a Security?

Examining COMP’s ability to pass the Howey test for being qualified as investment contracts and to be considered a security. Innovation springs eternal in the digital asset ecosystem, and with Compound’s launch of its governance token, COMP, last month, the burgeoning world of decentralized finance continues to pick up steam. The broader cryptocurrency community has…
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Crypto Scammer Sentenced by South Korean Authorities

Man sentenced to two years and six months in prison after multi-million dollar crypto fraud. A South Korean court has sentenced an unnamed 43-year-old man to two years and six months in prison for his participation in a $249 million crypto mining pyramid scheme. According to Yonhap Lee Sang-wook, the judge at the Incheon District…
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Crypto Tax Disclosures Can Help With Internal Revenue Service

Disclosure sounds like it exposes you to extra IRS audit risk, but if it’s done properly, disclosure can actually reduce your risk. Crypto and taxes hardly go together like cream and sugar. Yet every crypto investor or business these days faces them. For many, starting with the United States Internal Revenue Service’s launch of the…
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Wirecard Exec Reportedly Used Bitcoin to Move Funds to Russia

Russian media reported that Marsalek is hiding in Russia with funds that he was able to transfer there with Bitcoin. Wirecard chief operating officer Jan Marsalek reportedly used Bitcoin (BTC) to move funds from Dubai to Russia. Russian media outlet Kommersant reported on July 20 that Marsalek is hiding in Russia with funds that he…
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