A Californian homeowner is suing a prospective buyer for attempting to pay for 30% of the property using a “worthless” cryptocurrency. After attempting to sell her home, California-based psychologist Mary Shea is suing buyer, Mike Cherwenka, for attempting to pay for 30% of the property’s value in the form of a “worthless” crypto asset called […]
Crypto derivatives monthly volume hit a new all-time high of $602 billion in May. Crypto derivatives monthly volume increased by one-third in May to hit a new all-time high of $602 billion, according to U.K.-based data aggregator CryptoCompare.The new record is only just a shade past the previous record in March of $600 billion, however,.Derivatives are […]
Norwegian salmon producer Kvarøy Arctic has joined the IBM Food Trust to increase transparency and help prevent fraud in the seafood industry. The Norwegian-based producer of farmed-salmon, Kvarøy Arctic, has become the latest firm to join IBM’s Food Trust — the tech giant’s blockchain-based supply chain solution for the food industry. Kvarøy Arctic is a supplier […]
Speaking to the Coinist Podcast on June 4, CEO Su Zhu said he believes the Bitcoin price pattern that we saw on June 1 is likely to repeat. Su Zhu, the CEO of Three Arrows Capital, thinks that as long as crypto traders continue to do business with derivatives exchanges, you can expect to see […]
How likely is it that Bitcoin trading volumes will top $1 trillion a day by 2025? In its latest report cryptocurrency data provider Coin Metrics predicted that Bitcoin’s daily volume could eclipse that of the U.S equity market, if growth rates are maintained. But how likely is it really?The report cites Bitcoin as an asset […]
Kyrgyzstan’s parliament is deliberating on a tax regime for miners that would be the country’s first regulated framework for crypto activities. Lawmakers in the Kyrgyz Republic are considering a bill to tax and regulate cryptocurrency mining activities. The bill, On Amending the Tax Code of the Kyrgyz Republic, seeks to increase government revenue by establishing taxation […]
Author Isaiah Jackson says Bitcoin can be an effective protest against financial institutions for those who can’t take to the streets. Bitcoin & Black America author Isaiah Jackson says that people invoking Bitcoin during the protests over the police killing of George Floyd have identified the “real enemy” — a legacy financial system that shuts […]
Following a request for input on how crypto and banking can work together, new acting Comptroller of the Currency Brian Brooks talks first priorities in work with the industry. In a June 4 announcement, the Office of the Comptroller of the Currency (OCC) is looking for banks and crypto firms to weigh in on how […]
Renowned researcher believes that Satoshi was altruistic and thus will never spend his 1.1 Bitcoins, making it the fairest asset. The researcher who identified 1.1 million Bitcoins (BTC) that Satoshi Nakamoto mined, said that his research makes him believe that Satoshi was altruistic and will never spend his coins.Sergio Demian Lerner, the designer of the […]
European startup Revolut reportedly asked employees to leave as part of a cost-cutting effort amid difficult times. In an effort to trim expenses, European fintech outfit Revolut has allegedly urged employees to leave, according to staff interviewed by Wired."Some of the employees allegedly pressured to leave have been left stranded in a foreign country without […]
Bloomberg Crypto Outlook suggests that only a catastrophic decline will prevent the top cryptocurrency... The post Bitcoin to hit $20,000 this year, Bloomberg report claims appeared first on Coin Journal.
The Norwegian farmed-salmon producer will enable traceability of fresh seafood products to improve supply... The post IBM Food Trust to find blockchain solutions to deliver sustainable supply of salmon to consumers appeared first on Coin Journal.
The ransomware extracted cryptocurrency from victims in exchange of gaining access to affected data... The post ElevenPaths launches free tool to decrypt data infected by malware appeared first on Coin Journal.
The study group organised by DeCurret will formulate a collaborative strategy to promote cashless... The post Japan’s three megabanks to be part of study group to discuss virtual currencies appeared first on Coin Journal.
Historically, major decreases in mining difficulty have been followed by drops in Bitcoin’s price,... The post Another consecutive fall in mining difficulty could plummet Bitcoin’s price by 10% appeared first on Coin Journal.
Africa is a huge potential market for cryptocurrency as the continent looks for alternatives... The post Bitcoin has been “ an enabler for Africans to take back control,” says Paxful coordinator appeared first on Coin Journal.
More Bitcoin addresses have been created in the past week, with average holdings now... The post Bitcoin wallet addresses increase by 4% as total supply reaches 80% profit appeared first on Coin Journal.