Crypto news

A Singaporean has been indicted in the U.S. on charges of stealing cloud computing power on Amazon Web Services (AWS) and Google to mine cryptocurrency. According to the U.S. Attorney’s Office in the Western District of Washington, Ho Jun Jia used the stolen identity and credit card information of a video game developer based in California and a Texan resident to open cloud services accounts with Amazon Web Services and Google Cloud Services. Ho also impersonated the founder of a tech firm...

Bakkt’s Bitcoin futures trading platform appears to be gaining steam, seeing its highest trading volume day yesterday. After a slow start, the number of contracts traded on the 9th of October was 224. Interestingly enough, this happened on the same day that Bitcoin’s price surged to $8,600, marking a three-week high.Bitcoin Price Surges to $8,600After a few weeks of declines and sideways trading, Bitcoin finally saw a notable move, surging to $8,600 in a matter of hours. The price climbed to...

TRON has over time, spectacularly outperformed and even overtaken other older and bigger projects in the cryptocurrency industry. It is among the projects said to have the brightest futures for their communities and the cryptocurrency space at large. The platform executes on a third-generation blockchain that’s purpose is to empower the decentralization of the web. Otherwise said, TRON focuses on utilizing its cutting-edge technology in collaboration with other emerging systems to ensure...

A longstanding bugbear for vast swathes of the cryptosphere, taxation is getting easier. The emergence of powerful tools for simplifying cryptocurrency taxes has helped brighten the mood of bitcoiners everywhere. Crypto heads in a handful of Euro nations have added cause for jubilation, however, in the wake of clarification from national tax agencies on the treatment of digital assets. The tax bodies in Portugal and France have both recently issued statements on the status of...

Photo: Vanguard / TwitterMutual funds giant Vanguard Group is working with blockchain startup Symbiont, backed by Nasdaq Ventures, to create a blockchain-based trading platform for asset managers to trade currencies in the $6 trillion currency market.This step by Vanguard would be a major disruption in the currency market which is currently dominated by banking giants JPMorgan and Citi Group. By leveraging the blockchain-powered peer-to-peer trading for investors, Vanguard plans to allow...

Anthony Pompliano is a well-known bitcoin bull who is extremely optimistic about the future of the flagship cryptocurrency, but his bullishness has put him in the midst of a storm. As the price of bitcoin skyrocketed on Oct. 9, Pompliano started singing praises of the cryptocurrency once again. The price of bitcoin shot up remarkably yesterday, prompting Pompliano to make a bull case. | Source: TradingView But the co-founder of Morgan Creek Digital got some vitriolic reactions from...

Modernes Bürohaus in Vaduz Liechtenstein hat das Blockchain-Gesetz in Kraft gesetzt. Damit müsste es für einige Firmen interessant sein, ihren Geschäftssitz nach Liechtenstein zu verlegen. Insbesondere Unternehmen im Bereich der Blockchain-Technologie dürften sehr an einer Verlegung des Hauptsitzes nach Vaduz interessiert sein. Mit der neuen Rechtsgrundlage verfüte...

Modernes Bürohaus in Vaduz Liechtenstein hat das Blockchain-Gesetz in Kraft gesetzt. Damit müsste es für einige Firmen interessant sein, ihren Geschäftssitz nach FL zu verlegen. Insbesondere Unternehmen im Bereich der Blockchain-Technologie dürften sehr an einer Verlegung ihres Hauptsitzes nach Vaduz interessiert sein. Mit der neuen Rechtsgrundlage verfüge Liechtenstein als...

EOS price is slowly climbing higher and it recently broke the $3.000 resistance against the US Dollar.The price is currently correcting gains, but it remains supported near $3.050 and $3.000.There is a crucial bearish trend line forming with resistance near $3.280 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could rise steadily once there is a clear break above the $3.300 resistance area.EOS price is trading with a positive bias against the US Dollar and...

Things do not seem to be going as planned for Facebook’s Libra as Mark Zuckerberg is set to testify before the US Congress later in the month. This was revealed by the Chairwoman of the United States House Committee on Financial Services Maxine Waters (D) in a press statement yesterday. The Chairwoman indicated that a letter had been sent to the Social media giant in July “requesting an immediate moratorium on the implementation of Facebook’s proposed cryptocurrency, Libra, and digital...