Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Exchanges news Kraken is in talks to raise new funding that would see its valuation more than double, to more than USD 10bn, reported Bloomberg, citing a person familiar with the matter. The…
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Taproot, a proposed protocol upgrade that should improve Bitcoin (BTC)’s privacy and flexibility, seems to be in the final stage of its path to activation, with one more major step to take and, apparently, argue over: the LockinOnTimeout (LOT) parameter that determines whether or not BTC nodes will require mandatory signaling for activation of the…
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Source: A screenshot, Instagram/mitpics Forward-thinking innovators are looking for new ways to power Bitcoin (BTC) development, with one of the world’s biggest tech universities, IT CEOs and entrepreneurial pop stars all turning their attention to the betterment of the Bitcoin network. In the latest development, the Massachusetts Institute of Technology (MIT) has waded in via…
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The bitcoin (BTC) market is still healthy, despite its recent selloff, which is usual for the bull runs in this nascent industry, according to Joey Krug, Co-Chief Investment Officer at major crypto investment firm Pantera Capital. "I think, in terms of price action, things will be kind of back to normal by April, if not…
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There may yet be some wriggle room for the crypto exchanges and other virtual asset service providers (VASPs) struggling to get their platforms ready for Travel Rule compliance – with the Financial Action Task Force (FATF) admitting that it may be prepared to budge on amending the guidance, which some claim is not fit for…
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Bitcoin price topped near the key USD 52,000 resistance level and started a fresh decline. BTC broke the USD 50,000 and USD 48,000 support levels. It even tested USD 46,000 and it is currently (05:00 UTC) struggling to recover above USD 48,000. Similarly, there was a fresh decline in most major altcoins. ETH failed to…
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Rakuten CEO Hiroshi Mikitani. The Japanese e-commerce and business giant Rakuten has taken yet another significant step into the world of crypto – by linking its crypto platform with its e-pay operations. In an official release, the firm announced that it would allow customers of its Rakuten Wallet crypto wallet and exchange platform to top…
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A parliamentary legislation committee leader has stated that there is a need to provide with legal status and legally binding definitions for crypto-related terms in Russia before proceeding with further tax-related lawmaking and regulation. The move potentially throws a spanner into the works of the government’s much-maligned crypto tax proposal, which has already passed Read…
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Anything involving Australian computer scientist Craig Wright, known as Faketoshi due to his unproven claims that he’s in fact Bitcoin (BTC) creator Satoshi Nakamoto, turns into a baffling saga. UK-based litigation law firm Ontier representing Wright’s Tulip Trading Limited (TTL), received or about to receive a response from the US-based law firm Anderson Kill Read…
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Bitcoin (BTC)’s unique features make it a perfect collateral asset, providing it with major potential to capture a share of the global collateral market which is estimated at close to USD 20trn, according to Norwegian crypto-focused research firm Arcane Research. “Based on our calculations and data collected for this report, we estimate that around BTC…
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