Tag: bitcoin

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Crypto Donation App BABB Waives Fees For Coronavirus Fundraisers

Run an eligible fundraiser related to COVID-19 and you’ll pay no fees on BABB. Crypto wallet banking and donation app BABB has announced the debut of its top-up function, a fee-waiving cash-out policy for COVID-19 fundraisers on its platform. According to the announcement, the company has also added a fiat gateway that every Android and…
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US Digital Dollar Proposal Appeared in Three Draft Bills (UPDATED)

In the midst of rising business shutdowns and unemployment rates in the U.S., which may lead to a nationwide, as well as a global recession, U.S. politicians voiced an idea of a "digital dollar". (Updated at 16:48 UTC: updates in bold). As a response to the growing concerns over the COVID-19 pandemic and its massive…
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Texas Regulator Warns of New Crypto Frauds Amid Coronavirus Outbreak

The Texas State Securities Board urges investors to exercise caution when dealing with cryptos in the midst of COVID-19 pandemic. The Texas State Securities Board (TSSB) has issued a warning on March 23 about crypto scams that have emerged in the wake of the COVID-19 pandemic. The report refers to different types of scam, among which…
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Upbit, Bithumb, Korbit, Coinone Hand Data to Telegram Nth Room Investigators

Police investigating the so-called Telegram “Nth Room” pedophile ring have served search warrants to most of South Korea’s leading crypto exchanges – including the “big four” of Upbit, Bithumb, Korbit and Coinone – as they attempt to track down people who paid to watch video footage featuring the brutal rape and torture of women and…
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Bitfinex, Bybit Launch New Products, CoinDCX Raises USD 3m + More News

Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Exchanges news Bitfinex has launched a proprietary surveillance tool, dubbed Shimmer, in order to combat market abuse and help promote orderly trading on the exchange, says the press release. This  Read…
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Russian Economy Ministry ‘Wants to Legalize Crypto’ in Sandboxes

Russia could be set to legalize cryptocurrencies for companies and investors operating in new, industry 4.0-friendly regulatory sandboxes. Per news outlet Izvestia, the country’s Ministry of Economic Development wants to add a range of new provisos to sandbox-related legislation submitted last week to the State Duma, the country’s parliament. The ministry wants  Read more »Pay,…
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Crypto.​com Simplifies Crypto Tax Reporting for Its Users

Payments and cryptocurrency platform Crypto.​com has simplified cryptocurrency tax reporting for its users through a new partnership with three tax providers. Payments and cryptocurrency platform Crypto.com has simplified cryptocurrency tax reporting for its users through a new partnership with three tax providers. On March 24, Crypto.com announced the collaboration with crypto tax calculator CoinTracker, crypto…
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Solana and Chainlink Team Up To Build A Crazy Fast Oracle

In partnership with Chainlink, blockchain platform Solana is building a price oracle that updates in less than half a second. Blockchain platform Solana has joined up with decentralized oracle solution Chainlink to construct an oracle that updates incredibly quickly.  “We recently saw market failures due to congestion on Ethereum, including oracle failures,” Solana CEO and…
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Crypto Exchange Bitfinex Unveils Anti-Manipulation Tool ‘Shimmer’

Cryptocurrency exchange Bitfinex deployed its proprietary market surveillance tool to combat market abuse on the platform called “Shimmer.” Cryptocurrency exchange Bitfinex deployed its proprietary market surveillance tool to combat market abuse on the platform called “Shimmer.” According to an announcement shared with Cointelegraph on March 24, Shimmer is meant to identify and investigate possible manipulative…
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USD 722m BitClub Ponzi Suspects Ask for Release amid Coronavirus Fears

Two men accused of setting up the BitClub Network, a cryptocurrency mining Ponzi scheme that allegedly duped thousands of investors out of USD 722 million, have petitioned a New Jersey federal judge to release them from a county jail – as they fear they could contract the coronavirus if they are not freed. Matthew Brent…
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