Bitcoin and a few other altcoins have broken above their 200-day SMA, which indicates the possibility of the start of a new uptrend. Japanese consulting firm Nomura Research Institute, which is an affiliate of financial services giant Nomura Holdings, has launched a tradable cryptocurrency index in partnership with cryptocurrency investment solution provider Intelligence Unit. The…
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All you need to know for Crypto Tax Season 2020: new guidance, rules, nuances. Be ready to inform the IRS about your crypto. It’s here! The United States tax season officially started on Jan. 27, and this time, crypto tax is in the spotlight. Following developments that culminated in the Internal Revenue Service publishing new…
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BCB Group, a British crypto firm that provides services to exchanges like Coinbase and Bitstamp, is now officially approved by U.K. financial watchdog, the FCA. BCB Group, a European crypto-focused payment processor for the likes of major global crypto firms like Coinbase, has secured a license from British regulators. The United Kingdom’s Financial Conduct Authority…
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Crypto market researcher Glassnode claims it has found “a clear indication of a healthy and consistent adoption of Bitcoin over the past 10 years.” According to them, the daily net growth of on-chain entities holding bitcoin (BTC) is consistently positive: “In Bitcoin’s history there have been only 21 days so far in which the net…
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Through recent polls, the Zcash community approved mining payout changes that will take effect at the coin’s halving in November. A recent poll revealed community support for Zcash mining reward changes, which will take effect in November 2020. With the Zcash Founder’s Reward terminating in November, the privacy asset’s mining situation has come into question,…
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Ex-Cambridge Analytica executive Brittany Kaiser discusses issues of global data protection crisis in an interview with Cointelegraph. Blockchain technology is an important tool in addressing the data protection crisis, Cambridge Analytica whistleblower Brittany Kaiser believes. Kaiser, a former business development director at controversial British data analytics firm Cambridge Analytica, has discussed global data privacy issues…
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Andreas Antonopoulos has filed an affidavit with a New York court in support of a firm looking to spearhead the class action against Bitfinex over 2017 BTC price manipulation. One of the biggest names in crypto has joined in an ongoing argument about who will lead the class-action suit against Bitfinex and its affiliates over…
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Previously touted as the holy grail of Ethereum scalability, Plasma’s significant weaknesses appear to have made the developers quietly drop the technology. In a Jan. 27 post, Dragonfly Research proclaimed Plasma to be dead, noting that the Ethereum (ETH) community is converging on Optimistic Rollup, despite initial enthusiasm. The news comes in stark contrast to…
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Coinbase hires former Google Shopping Vice President of Product Surojit Chatterjee as its new chief product officer. Former Google executive Surojit Chatterjee has joined Coinbase as the company’s new chief product officer. Before joining Coinbase, Chatterjee worked as a Google’s vice president of product, tallying 11 years at the internet company, Coinbase CEO Brian Armstrong…
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Bitcoin (BTC) usage is rising on darknet markets, where it is often used to buy narcotics and finance other illegal activities – although the darknet still accounts for less than 1% of all BTC transactions. Per data from blockchain analytics provider Chainalysis, over USD 600 million worth of bitcoin moved on darknet markets in Q4…
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