Category: cryptocurrencies

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Global Regulators Haven’t Properly Addressed Stablecoins

Central bank governors and finance ministers discussed regulatory oversight of cryptocurrency at the G-20 meeting in Riyadh this week. Facebook’s plans to launch its cryptocurrency Libra this year has more than a few agencies in the European Union and the United States wondering what to do. While government bodies around the world are working to…
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IOTA Urges Trinity Wallet Users to Use Seed Migration Tool

The IOTA Foundation is strongly recommending users of its official wallet to immediately change their passwords. Responsible for one of the top performing cryptocurrencies, IOTA is continuing to release new information in response to a Feb.12 hack on its official wallet.  According to a Feb. 19 status update, the IOTA Foundation strongly recommends users of…
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Tax and KYC Issues Plague Upbit’s Foreign Withdrawals, Exchange Says

South Korean crypto exchange Upbit has announced the continuous ban for its foreign users from withdrawing their funds due to tax and KYC issues. A Jinse report said that many Chinese Upbit users are finding it difficult to withdraw Korean Won ever since December. Upbit has announced to its foreign users the reasons their withdrawals…
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The Future of Crypto: The Latest Cryptography Advances Set to Change Blockchain

Industry experts tell Cointelegraph about the latest cryptography innovations and how they will influence the future of cryptocurrencies. Cryptocurrencies could not exist without cryptography. Advances in this field can have far-reaching impacts on blockchain technology and its potential. We will examine the opinions of industry experts on the latest cryptographic advances and their potential for…
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Top Cryptocurrencies Are Exponentially More Liquid Than Ever Before

With USDT’s volume up 32,769 times since 2017, and BTC trade having increased by 468 times, what is the crypto market outlook? With increasing speculation in the crypto community that cryptocurrency markets are on the cusp of the next major bull season, it can be easy to lose sight of the maturation that the crypto…
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Ripple CEO Brad Garlinghouse Tells Banks That ‘Crypto Is Not a Bad Word’

Ripple CEO Brad Garlinghouse explained how he talks to bankers to assuage their fear of crypto and get them on board with the new asset class. Ripple CEO Brad Garlinghouse’s mission is to demolish bankers’ fear of cryptocurrencies and get them on board with the new asset class. During a recent interview with CNN, Garlinghouse…
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Binance CEO Changpeng Zhao Says Bitcoin Halving Not Priced In Yet

Binance founder and CEO Changpeng Zhao suggested that Bitcoin’s price has not yet adapted to the upcoming block reward halving. Changpeng Zhao, the founder and CEO of major crypto exchange Binance, suggested that Bitcoin’s (BTC) price has not yet adapted to the upcoming block reward halving. Zhao suggested that Bitcoin’s price will see more upwards…
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Crypto Accused of Facilitating Illegal Gambling — What Are the Odds?

Despite receiving a lot of flak from regulators, use of crypto is still limited when compared to fiat within the illegal gambling sector. Last week, a report claimed that cryptocurrency-based illegal gambling has surged in many parts of Asia owing to the rise of this novel asset class in recent years. In this regard, the…
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EU Can’t Decide What to do with Libra

The digital currency set to be released by Facebook in 2020 still has unanswered questions from the EU. Governments around the world are facing hard choices when it comes to cryptocurrency: overregulate it and risk losing the benefits to the economy, or do nothing and make themselves vulnerable to those who step up. Currently, the…
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Gemcoin Founder Admits to Fraud in $147 Million Scheme

The mastermind behind the $147 million Gemcoin cryptocurrency scam, has admitted to wire fraud and tax evasion. Steve Chen, the mastermind behind the $147 million Gemcoin cryptocurrency scheme, has admitted to wire fraud and tax evasion in a plea agreement. The 62-year-old Southern California resident agreed that he and other co-conspirators fraudulently promoted a cryptocurrency…
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