Crypto news

Jennifer Robertson, the widow of QuadrigaCX founder Gerald Cotten, has confirmed that she will hand over more than $9 million (12 million CAD) in assets. She has made this move to compensate the users of the now-defunct crypto exchange. The assets will be transferred to EY Canada, the bankruptcy trustee for the defunct exchange.On October 7, Robertson announced in a personal statement explaining that she will transfer the vast majority of her estate assets. These assets were previously valued...

Anybody who knows anything about the U.S. Stock Market is already familiar with FAANG. An acronym for the five biggest, most popular and impressive tech stocks with significant performance, FAANG stocks have been trailblazers for more than a few years now.They’ve been so certain that people have largely formed a habit of buying into any of the five companies – Facebook (FB), Amazon (AMZN), Apple (AAPL), Netflix (NFLX) and Google’s (GOOGL) parent company, Alphabet – as a completely sure way of...

EOSIO developer Block.one has recently unveiled the second version of the platform making it faster, simpler, and secure to build on EOSIO. One of the major roadblocks in blockchain development is the speed of execution of smart contracts, and EOSIO 2.0 aims to address this issue.Speaking on the launch, Block.one CTO Dan Larimer said:“Eosio 2 rc1 is officially available for the community to download and utilize on testnets and even non-critical EOS nodes. Assuming no major issues this will be...

Photo: ShutterstockWhen Facebook announced it is going with its own cryptocurrency Libra back in June, the CEO of Ripple Labs Inc., a US-based technology company, Brad Garlinghouse, was one of its first open supporters.Actually, he was so thrilled by the whole project and all the ‘fuss’ it had gathered in the crypto community that he decided to send the champagne to the Zuckerberg & Co.Be it as it may, a hard times has come to Libra, even before it actually came to circulation. As we had...

In a clear example of tech evolving faster than the law can adapt, a Japanese minster has confirmed that crypto donations are now legal due to a classification loophole. According to Reuters, on Tuesday, Sanae Takaichi, the internal affairs and communications minister of Japan, noted the newfound ‘legality’ of crypto donations. She specifically highlighted their use within elections, remarking that cryptocurrencies were not subject to the stringent political fund’s control law; a statute...

The NBA’s Sacramento Kings has announced that they will roll out their new ‘Kings Token’ for fan rewards. That makes them the first NBA team to create a reward program based on blockchain.Announced on October 7, Kings Token was created in partnership with Blockparty. Blockparty is a blockchain platform that manages live event ticketing, tokenized gamification and fan engagement. Blockparty’s chief development officer, Vladislav Ginzburg, explained:“In our opinion, the blockchain has a role in...

2018: Die Schweiz tauscht mit 75 Staaten Konto-Informationen aus. Im nächsten Jahr wird sich das Netzwerk der Partnerstaaten der Schweiz weiter auf rund 90 Staaten vergrössern. Es braucht weder eine Anfrage noch ein ausgefülltes Formular. Die Eidgenössische Steuerverwaltung (ESTV) teilt vollautomatisch und versendete im Jahr 2018 mehr Daten von mehr als 3 Millionen Konti an ausländische Behörden und authorisierte Finanzinstitute. Dies ist...

The World Federation of Exchange (WFE), which is made up of the globe’s giant stock exchanges such as Deutsche Boerse, the London Stock Exchange, Korea Exchange, CME Group, and Nasdaq, has requested the Financial Conduct Authority (FCA) of the United Kingdom not to illegalize crypto derivatives for retail users.The WFE made the official announcement in reply to the financial regulator’s consultation document on potentially restricting crypto derivatives like Bitcoin futures as well as...

Tron price is gaining momentum and it recently climbed above $0.0150 against the US Dollar.TRX price is currently testing the $0.0165 resistance and it could rise further in the near term.There is a crucial bullish trend line forming with support near $0.0150 on the 4-hours chart (data feed via Bitfinex).The price could surge towards $0.0180 or $0.0185 once it surpasses the $0.0165 resistance area.TRON price is showing positive signs against the US Dollar and bitcoin. TRX price is likely to...

Innovative encryption startup NuCypher has raised about $10.7 Million in what is referred to as a Simple-Agreement-for-Token (SAFT) in a financing round led by Polychain Capital and Bitmain and included VC heavyweights Y Combinator, Bitfury, Arrington XRP Capital, Notation Capital, Coinfund and other strategic investors.NuCypher’s token NU was purchased by the investors during the financing process. The $10.7 Million raised in NU tokens represents 8% of the total supply of the tokens...