Archive for September 2019
Darknet Markets Are Thriving Despite the Mysterious Death of Dread – Bitcoin News
Obtaining reliable information about darknet markets (DNMs) is a constant struggle, given the propensity of news sites and forums to come and go. No sooner has one portal gained ascendancy than it’s been toppled by law enforcement or exited under mysterious circumstances. The recent disappearance of darknet forum Dread has left a gaping hole in…
Read More‘I’d Rather Have Bananas’: Tech Billionaire Mark Cuban on Bitcoin
Billionaire technology investor Mark Cuban said that he would be happier owning bananas than Bitcoin (BTC). Cuban made his remarks in a video Q&A published on YouTube by technology news outlet Wired on Sept. 27. During the Q&A session, he answered to a Twitter user asking why Cuban hates crypto if he is “into providing…
Read MoreCoinbase-Led Group Aims to Help Crypto Firms Avoid Securities Violations – CoinDesk
Crypto industry leaders are taking the initiative to help firms in the space avoid falling foul of securities rules. In a company blog post, Coinbase announced it’s co-founded the Crypto Rating Council, a member-only organization purposed with assisting cryptocurrency companies determine if they comply with current U.S. federal securities law. Coinbase is joined at launch by…
Read MoreBinance Becomes Tron’s Top ‘Super Representative’, Adds TRX Staking Support
Major cryptocurrency exchange Binance has become the highest-ranked “Super Representative” (SR) in the Tron (TRX) ecosystem. According to Tronscan’s data on Sept. 30, Binance acquired over 12 billion votes for the top-spot ranking. Blockchain community Sesameseed.org is now the second-largest SR, Tron-based BeatzCoin — in third place. Binance announces TRX staking support On Sept. 30,…
Read MoreMassive Layoffs: Banks Cutting Nearly 60,000 Jobs Worldwide – Bitcoin News
Banks are laying off workers across the globe as revenue declines throughout the sector. According to reports, banks have announced nearly 60,000 job cuts so far this year, with most of the layoffs happening in Europe, especially in Germany. Also read: Panic at 137 Bank Branches as RBI Limits Withdrawals to ₹1,000 Almost 60,000 Job…
Read MoreBitcoin Price Eyes Quarterly Loss After Hitting 3.5-Month Low – CoinDesk
View Bitcoin has dropped more than 25 percent in the third quarter, neutralizing the bullish setup on the monthly chart. With the weekly and the three-day charts biased bearish, the cryptocurrency risks falling to $7,500 in the short-term. A violation there would expose the next major support, currently at $7,070. A corrective bounce may be…
Read MoreUnconfirmed: Bithumb Acquisition Deal Might Be ‘Off’
Overseas investors are reportedly likely to step in to acquire South Korean crypto exchange Bithumb due to alleged difficulties with payments in its existing acquisition deal. As Cointelegrap reported previously, BK Global Consortium, a firm headed by one of South Korea’s leading plastic surgeons, closed a deal in Oct. 2018 to acquire 50% plus one…
Read MoreAnt Financial and Bayer to Jointly Develop Blockchain for Agriculture – CoinDesk
Bayer Crop Science has agreed to work with Ant Financial, the payments affiliate of Alibaba, to develop a blockchain-based system for agricultural product monitoring. The companies signed a letter of intent to utilize blockchain technology to increase efficiency, improve the income of farmers, ensure the production of high-quality food and aid in the digitization of…
Read MoreIRS Releases 'Tax Cheat' Info Raising Concerns About Crypto Theft – Bitcoin News
The U.S. Internal Revenue Service (IRS) released a new report and infographic on Thursday illustrating unpaid or underpaid taxes for the years 2011 – 2013. The numbers reflect estimates based on the last such findings, for the years 2008 – 2010. With commissioner Chuck Rettig citing the importance of voluntary compliance, and crypto’s popularity on…
Read MoreEnergy Commodities Trading Software Launches on Hyperledger Fabric – CoinDesk
A new software based on the Hyperledger Fabric blockchain was launched for commodities trading for the gas industry. EnHelix Marketplace was unveiled at the Gastech energy conference in Singapore, company executives told CoinDesk. The software streamlines commodities trading with applications supporting every step of the process — pre-trade KYC, trade execution and post-trade risk management…
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