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 2021-09-16 23:30 

Bitcoin.com

US Lawmakers Propose to Subject Cryptocurrencies to Wash Sale Rule...

A committee of the U.S. House of Representatives has proposed to subject cryptocurrencies to the "wash sale" rule. Since cryptocurrencies are treated as property by the Internal Revenue Service (IRS), they are currently not subject to the wash sal...

 2021-09-16 21:30 

Bitcoin.com

Study Shows Cross-Chain Bridge Technology Growth, Bridges to Ethereum Exceed $7 Billion...

On September 8, 2021, Dmitriy Berenzon, research partner at 1kxnetwork, an early-stage crypto fund that helps founders bootstrap token networks, published a comprehensive research post concerning blockchain bridges. Berenzon's study highlights the cur...

 2021-09-16 21:00 

Bitcoin.com

Monsta Infinite Lists on AscendEX...

PRESS RELEASE. AscendEX is thrilled to announce the Monsta Infinite token (MONI) listing under the trading pair USDT/MONI on Sept. 15 at 1 p.m. UTC. In celebration of the MONI listing, AscendEX and the MONI team will launch seven limited-time promotional ...

 2021-09-16 20:00 

Bitcoin.com

Ethereum After 1559: Network Participants Burn Over 300,000 Ether Worth More Than $1 Billion...

On August 5, 2021, the Ethereum network and its participants successfully completed the highly anticipated London upgrade, which saw the implementation of the Ethereum Improvement Proposal (EIP)-1559. Since then, 303,681 ether worth more than a billion U....

 2021-09-16 18:30 

Bitcoin.com

Dogecoin Rival Shiba Inu Spikes in Value While DOGE Prices Flounder, SHIB Jumps 21% in 24 Hours...

While the dogecoin's token price has floundered during the last seven days, the meme-coin's rival shiba inu (SHIB) has moved up the ranks in terms of weekly gains. Dogecoin has shed 5.8% during the last week, but shiba inu has spiked 21.3% during ...

 2021-09-16 17:00 

Bitcoin.com

Coinbase Files to Offer Cryptocurrency Futures and Derivatives Trading...

Cryptocurrency exchange Coinbase has filed an application with the National Futures Association (NFA) to offer futures and derivatives trading on its platform. The exchange says its new offerings aim to "Further grow the cryptoeconomy." Coinbase R...

 2021-09-16 15:30 

Bitcoin.com

SEC Chair Gensler: 'We Don't Have Enough Investor Protection in Crypto Finance, Issuance, Trading, or Lending'...

The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, explained that there is not enough investor protection in cryptocurrency. He added that the securities regulator needs more funding and manpower to effectively regulate the c...

 2021-09-16 14:00 

Bitcoin.com

AMC Confirms Plan to Accept Bitcoin, Ethereum, Litecoin, and Bitcoin Cash...

The world's largest movie exhibition company, AMC Entertainment, has announced its plan to accept cryptocurrencies by year-end. AMC CEO Adam Aron says the entertainment giant will accept bitcoin, ether, litecoin, and bitcoin cash. AMC Prepares to Acce...

 2021-09-16 13:00 

Bitcoin.com

HUMAN Protocol (HMT) Announces Listing on Bitfinex...

September 16th, 2021 09:00 UTC The HUMAN Protocol Foundation, the team behind HUMAN Protocol, have announced today that the Protocol's native utility token, HMT, is listed on Bitfinex. Bitfinex is one of the crypto world's legacy exchanges. It con...

 2021-09-16 12:30 

Bitcoin.com

IRS, Janet Yellen Press Lawmakers to Push 'Tax Compliance Agenda' — Banks to Report Deposits, Withdrawals of $600...

On Wednesday, U.S. Internal Revenue Service (IRS) commissioner Charles Rettig and Janet Yellen, the Treasury secretary, urged lawmakers to give the IRS permission to report annual inflows and outflows from American bank accounts. Regardless of tax liabili...

 2021-09-16 11:00 

Bitcoin.com

Central Bank of Turkey Expands Research, Prepares to Test Digital Lira on New Platform...

The Turkish central bank has established a new platform together with technology stakeholders to further the development of a digitalized version of the national fiat currency. The new collaboration will allow Turkey to focus on expanding research and con...

 2021-09-16 09:30 

Bitcoin.com

Africa Has Some of the 'Highest Grassroots Adoptions in the World' — Chainalysis Crypto Preview...

While Africa is seen as one of the smallest cryptocurrency markets, according to a preview of Chainalysis' Geography of Cryptocurrency annual report, this region has "some of the highest grassroots adoptions in the world." African Volumes Main...

 2021-09-16 07:30 

Bitcoin.com

China's Hebei Province Begins Crackdown on Crypto Mining and Trading, Reports Reveal...

Authorities in the Chinese province of Hebei have reportedly launched a campaign against cryptocurrency mining and trading. According to a quoted announcement by the region's cyberspace administration, a number of government agencies are working toget...

 2021-09-16 05:30 

Bitcoin.com

Opensea NFT Marketplace Claims Employee Profited From Insider Information...

On September 15, the top non-fungible token (NFT) marketplace, Opensea, revealed that an Opensea executive profited from insider trading. "Yesterday we learned that one of our employees purchased items that they knew were set to display on our front p...

 2021-09-16 05:00 

Bitcoin.com

ABEY Is One of the Fastest-Growing Blockchains in the World Adding 20,000 New Addresses Each Week...

This week, ABEY has announced that it has been adding an average of 20,000 active ABEY 2.0 addresses each week since the beginning of August 2021, making it one of the fastest-growing blockchains in the world and finishing an exceptional week that include...

 2021-09-16 03:30 

Bitcoin.com

Canada's 'Mad Max' Supports Bitcoin — Says 'I Hate How Central Banks Are Destroying Our Money and Economy'...

Maxime Bernier, a former cabinet minister nicknamed "Mad Max" and the leader of the People's Party of Canada (PPC), says he supports bitcoin and cryptocurrencies. "I hate how central banks are destroying our money and economy ... cryptos a...

 2021-09-16 01:30 

Bitcoin.com

US Senator Warren Presses SEC to Address Crypto Exchange Outages, High Transaction Fees, Financial Inclusion...

At the U.S. Senate Banking Committee hearing Tuesday, Senator Elizabeth Warren called on the chairman of the Securities and Exchange Commission (SEC), Gary Gensler, to increase oversight of cryptocurrency. She brought up several problems she associates wi...

 2021-09-15 23:30 

Bitcoin.com

Bridgewater's Ray Dalio Warns Regulators Will Kill Bitcoin If the Crypto Becomes 'Really Successful'...

Ray Dalio, the founder of the world's largest hedge fund, Bridgewater Associates, believes that if bitcoin is "really successful," the regulators will "kill it," reiterating his previous concerns of governments banning cryptocurrencies...

 2021-09-15 21:30 

Bitcoin.com

Solana Restarts Mainnet, SOL Users Complain, Dev Says Network Stall Not Similar to ETH in 2016...

The blockchain network Solana had issues processing blocks on September 14 and according to a status report on September 15 at 2:01 a.m. (EST), the Solana validator community "successfully completed a restart of Mainnet Beta." Solana Validators Re...

 2021-09-15 21:00 

Bitcoin.com

Sovryn Lists on AscendEX...

PRESS RELEASE. AscendEX is thrilled to announce the listing of the Sovryn token (SOV) under the trading pair USDT/SOV on Sept. 15 at 1 p.m. UTC. Sovryn is a Bitcoin-based decentralized finance (DeFi) protocol launched in early 2020. The Sovryn platform pr...

 2021-09-15 19:30 

Bitcoin.com

Ground Reports Concerning Salvadoran Bitcoin Law Highlight False Narrative Painted by Influencers...

On Tuesday, Bitcoin.com News spoke with Marc Falzon, an individual who has been documenting the bitcoin rollout in El Salvador since the law was implemented on September 7. Falzon says that there are a number of issues that no one is talking about in rega...

 2021-09-15 17:30 

Bitcoin.com

Sources With Ties to Washington Say Joe Biden Will Renominate Fed Chair Jerome Powell...

Unnamed sources familiar with the matter indicate the Biden administration may allow Federal Reserve chairman Jerome Powell to continue as the central bank's lead. The news follows three U.S. representatives asking Biden to replace Powell with a centr...

 2021-09-15 15:30 

Bitcoin.com

NY Attorney General Shuts Down Crypto Trading Platform Coinseed That Cheated Investors out of Millions...

New York Attorney General Letitia James has secured a court order to shut down cryptocurrency exchange Coinseed. The order also "permanently appoints the court receiver to obtain, safeguard, and return all assets invested and traded through" the e...

 2021-09-15 14:00 

Bitcoin.com

State Bank of India Blocks Payments to Cryptocurrency Exchanges on UPI Platform...

State Bank of India (SBI) has reportedly blocked payments to cryptocurrency exchanges using its Unified Payments Interface (UPI). Payment processors have been told to disable the bank's UPI for crypto merchants. Payment Processors Instructed to Disabl...

 2021-09-15 13:00 

Bitcoin.com

HOGE Announces Collaboration With the DeFi Angels...

The Original DeFi Meme Token HOGE has joined forces with the DeFi Angels to give their project a voice on Capitol Hill as the regulation conversation heats up. It's no secret that American based blockchain crypto companies are fighting the infrastruct...

 2021-09-15 12:30 

Bitcoin.com

Bitcoin Will Not Become Legal Tender in Uzbekistan, Central Bank Official Insists...

Cryptocurrency cannot be adopted as a means of payment in Uzbekistan, a high-ranking official from the country's central bank has recently stated. Speaking to local media, the regulator's representative also noted that unlike cryptocurrencies, the...

 2021-09-15 11:00 

Bitcoin.com

25% of South Africans Own Cryptocurrency With Average Value of Assets Held Below $70...

According to the findings of a study by KLA, a market research and data specialist firm, some 47% of South African adults are holders of cryptocurrency, with the majority of this number holding low-value investments. In addition, the study shows that 36% ...

 2021-09-15 09:30 

Bitcoin.com

Interactive Brokers Launches Cryptocurrency Trading for Customers Through Paxos...

Interactive Brokers, one of the largest online brokerage firms, has announced today it is offering cryptocurrency trading services in alliance with Paxos. Users of the platform now have a complete suite of cryptocurrency trading options, along with tradit...

 2021-09-15 07:30 

Bitcoin.com

Zabu Finance Suffers First Big Exploit in Avalanche Defi, Loses $3.2 Million...

Zabu Finance, a decentralized yield farming protocol on Avalanche, suffered the first big hack related to the chain. The protocol was the victim of an exploit that allowed an attacker to steal $3.2 million in tokens, according to reports. The core of the ...

 2021-09-15 05:30 

Bitcoin.com

Digital Ruble to Help Curb Use of 'Money Surrogates,' Russia Says in Financial Strategy Document...

The launch of a digital ruble will be among Russia's key priorities of digitalization this decade, the country's financial market development strategy has confirmed. The document claims the issuance of a digital national fiat will help the central...

 2021-09-15 05:00 

Bitcoin.com

KICK.IO's Token Will Be Available on ExMarkets LaunchPad, 15th September...

As the $ADA bull market continues to gather steam with new price records set each month many within the Cardano community are asking, what's next? The limitless possibilities within the Cardano ecosystem offer many opportunities for both project creat...

 2021-09-15 03:30 

Bitcoin.com

Dapper Labs and Flow Blockchain to Get a Boost From Big Tech as Studio Partners With Google...

Google is joining forces with the blockchain firm Dapper Labs in order to help bolster Web3 development, blockchain gaming, and non-fungible token (NFT) technology. The blockchain company's CEO Roham Gharegozlou tweeted about the deal on Tuesday notin...

 2021-09-15 01:30 

Bitcoin.com

Ark Invest's Cathie Wood Doubles Down on $500K Bitcoin Prediction, Discusses Crypto Regulation...

Ark Investment Management CEO Cathie Wood expects the price of bitcoin to be more than $500,000 in five years' time, which is over 10 times what it is today. She also shared her view on cryptocurrency regulation and Coinbase's trouble with the U.S...

 2021-09-14 23:30 

Bitcoin.com

Global Investment Bank Morgan Stanley Launches Dedicated Cryptocurrency Research Team...

Global investment bank Morgan Stanley is establishing a new cryptocurrency research team. "The launch of dedicated crypto research is in recognition of the growing significance of cryptocurrencies and other digital assets in global markets," the b...

 2021-09-14 21:30 

Bitcoin.com

Crypto Exchange Coinbase Unveils Plan to Raise $1.5 Billion by Selling Bonds...

Amid trouble with the U.S. Securities and Exchange Commission (SEC), global cryptocurrency exchange Coinbase unveils its plan to raise $1.5 billion by selling bonds. Coinbase Plans to Issue $1.5 Billion in Bonds Coinbase Global Inc. (Nasdaq: COIN) announc...

 2021-09-14 21:00 

Bitcoin.com

iME Lists on AscendEX...

PRESS RELEASE. AscendEX is thrilled to announce the listing of the iMe token (LIME) under the pair USDT/LIME on Sept. 14 at 1 p.m. UTC. iMe is an innovative, Telegram-based messaging platform with extended functionality and DeFi capabilities. iMe is the o...

 2021-09-14 19:30 

Bitcoin.com

As Crypto Economy Slumps, Total Value Locked in Defi Continues to Rise...

Approximately nine days ago, the total value locked (TVL) in decentralized finance (defi) across various blockchains was around $176 billion. At that time, bitcoin ($49,937) and ethereum ($3,886) fiat values were much higher. Despite the fact that the cry...

 2021-09-14 18:00 

Bitcoin.com

Solana Block Production Stalls for Hours, SOL Holders Unable to Transact, Validators Deploy a Fix...

According to reports on social media, crypto forums, onchain metrics, and the Solana Status Twitter account indicate that Solana's blockchain has stalled. Solana mainnet-beta suffered a four-hour downtime and is still down after a technical glitch. So...

 2021-09-14 16:30 

Bitcoin.com

Dogecoin's Four-Legged Fall — DOGE Slides to 9th Market Cap Position Dropping 18% Last Month...

The infamous dogecoin was one of the first meme-based digital currencies and it's safe to say that the coin inspired a myriad of meme-focused or joke tokens meant to be used for fun. However, while dogecoin has had a phenomenal 2021 rising 8,515% in 1...

 2021-09-14 15:00 

Bitcoin.com

Walmart Investigates How Fake Press Release of Its Partnership With Litecoin Got Posted...

Following the fake news of its partnership with Litecoin, Walmart Inc. says it is looking into how the fraudulent press release was issued. The Litecoin Foundation and Charlie Lee are also investigating the matter. In addition, Globenewswire says it will ...

 2021-09-14 13:30 

Bitcoin.com

Bank of Russia Recommends Banks to Block Cards, Wallets Used to Transact With Crypto Exchangers...

The central bank of Russia has advised commercial banks on how to identify and block cards and wallet accounts used by shady businesses. Along with illegal forex dealers and financial pyramids, the regulator has also listed crypto exchangers as suspicious...

 2021-09-14 13:00 

Bitcoin.com

ZPAE Solves World Retail Challenges Using FinTech at Sharjah Research Technology and Innovation Park...

PRESS RELEASE. Sharjah, September 2021 The Sharjah Research Technology and Innovation Park (SRTIP) issued its third Distributed Ledger Technologies license (DLT) to ZelaaPayAE. Focusing on numerous areas related to the exchange of value, ZelaaPayAE works ...

 2021-09-14 11:30 

Bitcoin.com

New York Fed's Consumer Inflation Report Expects US Inflation to Hit 5.2% by Next Year...

Americans are still very concerned about inflation as the latest Survey of Consumer Expectations (SCE) report from August indicates that U.S. consumers expect inflation to be 5.2% a year from now. The SCE response data hasn't been this high since 2013...

 2021-09-14 09:30 

Bitcoin.com

Nigeria's CBDC 'a Safer Option' Than Privately Issued Cryptocurrencies: Central Bank Official...

As part of the Central Bank of Nigeria (CBN)'s digital currency charm offensive, Folashodun Shonubi, the institution's deputy governor, has claimed that the country's upcoming central bank digital currency (CBDC) will be a "safer option fr...

 2021-09-14 07:30 

Bitcoin.com

Hedge Fund Brevan Howard Expands Crypto Business — Expert Hired to Lead New Digital Asset Unit...

Brevan Howard, a European hedge fund management company, has said it will be expanding its crypto business. BH Digital, which is the hedge fund's recently created unit, is expected to "manage its cryptocurrency and digital assets." Growing Int...

 2021-09-14 05:30 

Bitcoin.com

FSC Regulatory Overhaul Expected to Shut Down 40 Crypto Exchanges in South Korea...

A new regulatory overhaul could put 40 out of 60 exchanges out of business in South Korea after the firms are expected to fail to meet the conditions that are being proposed by the Financial Services Commission (FSC). This action might also affect holders...

 2021-09-14 05:00 

Bitcoin.com

FUFU Raises $1.7m From Major Investors to Develop the Next Generation Content Marketing Platform...

UwUFUFU.com, a content marketing platform, has successfully raised $1.7 million USD from early investors. Adopting the play-to-earn mechanism in the form of viral quizzes, anyone can create, play, share quizzes and earn NFTs through FUFU's reward syst...

 2021-09-14 02:30 

Bitcoin.com

Shark Tank Star Kevin O'Leary Expects a 'Trillion Dollars' Flowing Into Bitcoin...

Shark Tank star Kevin O'Leary, aka Mr. Wonderful, expects a "trillion dollars" more to flow into bitcoin in the next couple of years. He also sees cryptocurrencies becoming an institutional asset class. "We don't know when but it is de...

 2021-09-14 00:00 

Bitcoin.com

Singapore's Largest Bank DBS Sees Rapid Growth in Crypto Business, Robust Demand From Investors...

DBS Group Holdings, the largest bank in Singapore and Southeast Asia, says its crypto business is "growing very rapidly." The bank's digital asset trading platform expects to double the number of members by year-end. Singapore's DBS Expect...

 2021-09-13 22:00 

Bitcoin.com

Cardano Successfully Applies Alonzo Hard Fork; Adds Smart Contract Capabilities to Its Blockchain...

Cardano, the third cryptocurrency ranked by market cap, has successfully applied the "Alonzo" hard fork, adding smart contract capabilities to its functionality. The update, that had been deployed in testnet days ago, finally was incorporated in m...

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