Tag: bitcoin

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Online Gaming Platform Lets Gamers Collect BTC In First-Person Shooter Game

Online gaming platform Donnerlab lets gamers hunt for Bitcoin and pick-up Satoshi cubes in a fully lightning-native multiplayer first-person shooter game. Donnerlab, an online gaming platform that builds lightning games and applications, lets gamers hunt for Bitcoin (BTC) and pick-up “Satoshi cubes.” Shoot other players and collect satoshis In a tweet on Nov. 19, Donnerlab…
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IRS Laughs Off Coinbase User’s ‘Surveillance Conspiracy’ in Tax Reporting Case

The U.S. Internal Revenue Service reaffirms its summons on crypto trading platform Coinbase in an income tax investigation as completely legitimate in fresh filing. The United States Internal Revenue Service (IRS) has argued that its summons on major American crypto exchange Coinbase is indeed legitimate in a recent filing. Per a Nov. 15 filing, the…
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BOJ Rules out Digital Fiat, But Cambodia Could Issue a CBDC Next Year

The governor of the Bank of Japan (BOJ) Haruhiko Kuroda has ruled out the possibility of launching a digital yen in the short term, but says the bank will continue to look into digital currency technology should the bank change its stance at a later date. Per media outlet CoinPost, Kuroda also issued a warning…
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Bitcoin Slips in KPMG Rankings, But Cryptocurrency Innovation Has Strong Showing

Cryptocurrency and blockchain firms are well-represented among a recent KPMG ranking of fintech firms. On Nov. 18, Big Four auditing firm KPMG released its 2019 Fintech100 ranking, which lists the top 100 fintech firms in the world. The list saw a drop in Bitcoin-related companies but reinforced innovation in the payments industry. As was the…
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Gatehub Crypto Wallet Data Breach Compromises Passwords of 1.4M Users

Security researcher finds that password data and personal information of 1.4 million users of GateHub cryptocurrency wallet service have reportedly been dumped online. A security researcher behind the data breach index site “Have I Been Pwned” said that password data and personal information of 2.2 million users of two websites have been dumped online. On…
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Grayscale Files Form to Become First Bitcoin Fund to Report to SEC

Publicly traded Bitcoin fund Grayscale Bitcoin Trust filed a form with the United States SEC to become the first crypto fund to report to the regulator. Publicly traded Bitcoin (BTC) fund Grayscale Bitcoin Trust (GBTC) filed Form 10 with the United States Securities and Exchange Commission (SEC) to become the first crypto fund to report…
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Bitcoin Mining Firms Merge to Build World’s Largest Purported Mining Farm in 2020

Two Bitcoin mining firms entered a merger agreement and plan to jointly build the world’s largest mining farm. German Bitcoin (BTC) mining firm Northern Bitcoin has entered a merger agreement with United States-based competitor Whinstone to jointly build what will supposedly be world’s largest mining farm. According to a Northern Bitcoin press release published on…
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Canada’s Largest Bank Refutes Rumors About It Launching Crypto Exchange

The Royal Bank of Canada will not launch its own digital currency trading platform, contrary to previously published news. The Royal Bank of Canada (RBC) — the largest bank in Canada with $499 billion in assets under management — will not launch its own digital currency trading platform, contrary to previously published news. Last week,…
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PayPal Leads $4.2M Funding Round for Crypto Risk Management Platform

Payment processor PayPal has led a $4.2 million funding round for cryptocurrency risk management platform TRM Labs to further grow its services. Payment processor PayPal has led a $4.2 million funding round for cryptocurrency risk management platform TRM Labs. In a Nov. 19 press release TRM Labs announced that it secured $4.2 million in an…
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HashCash to Trace Mineral Supply Chain From Congo For Car Manufacturers

HashCash Consultants partners with a group of international car, mining and battery manufacturers for blockchain-based supply chain network to track mineral origins. Blockchain company HashCash Consultants has announced a partnership with a group of international car, mining and battery manufacturers to develop a blockchain-based supply chain network to track minerals. As Business Insider reported on…
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