Tag Archives: Cryptocurrency News

In which asset class would you direct $10,000 in investment capital – bitcoin or gold? There’s one condition. You can’t touch the funds for 10 long years. According to a Twitter poll crafted by former U.S. Rep. Ron Paul, bitcoin and gold are the top choices, with the leading cryptocurrency having overtaken the precious metal as the investment of choice with more than 55% of the vote. Gold, which earlier in the day was leading, puts up a good showing at 37%. The rest of the votes...

Photo: ARPA OfficialARPA – the layer two privacy-preserving computation protocol – is set to square off against Carry Protocol, a data purchase platform on Ethereum, in Binance’s second round of the Community Coin Vote (CCV). Voting will begin at 4 AM 5 November (UTC) and will incorporate Binance’s new rules for the CCV that allocates a BNB rewards pool to the runner-up and reduces the BNB holding period of 9 to 7 days. ARPA winning voters will split a rewards pool of 15 million ARPA tokens,...

Exactly nine months after opening its doors for business, DX.Exchange, a trading platform powered by Nasdaq, has thrown in the towel due to financial difficulties. Currently, the platform is looking for a buyer or better still a merger.The news was released via an announcement on Nov. 3, telling the world that the cost of operating the platform in the aspects of security, support and technology is too much to bear.Good Intention, Bad ExecutionThe original idea for DX.Exchange was to become a...

Today the next chapter of a long-running and closely watched lawsuit against Ripple will happen. The plaintiff, Bradley Sostack, has time until the end of this Monday to file a response to the startup’s September 20 motion to dismiss. If the case won’t be entirely dismissed, it will probably go into discovery next year.As we already reported, the main point of this dispute is the question of whether Ripple’s cryptocurrency XRP is a security or not.If it is, that means that it should have been...

Augur (REP) has spiked over 35% in the last 30 hours. The Forecast Foundation is moving towards accelerating the development of the platform. REP could soon retrace before it continues its uptrend. Augur is on a roll as its price surged over 35% against the dollar in the last 30 hours. The recent announcements regarding new upgrades and products could be directly related to the sudden spike. On the Works During Devcon 5 in Osaka, Japan, Augur founder Joey Krug revealed that Augur v2...

Craig Wright has declined to pay Dave Kleiman’s estate a $4.5 billion settlement. The plaintiff and defendant had agreed to enter into a non-binding agreement with the promise that Wright would pay. The U-turn has reset litigation proceedings. It looks like the Satoshi Nakamoto saga will continue into the next year. According to the latest news, Bitcoin SV founder Craig Wright has declined to pay the Kleiman Estate a 500,000 Bitcoin ($4.5 billion) settlement. The estate, which is...

Photo: BitBay / TwitterBitBay has become the latest major cryptocurrency exchange to create an Initial Exchange Offering (IEO) launchpad. IEOs have surged in popularity in recent years, largely replacing the ICO funding model. BitBay’s new platform will launch on November 18, with users given the chance to buy IEO tokens directly via EURO, USD, GBP and Polish Złoty. With 245 IEOs having taken place in the past few years, BitBay may be late to the party – but the exchange hopes to hit the...

The UK’s tax authority has updated its tax policy for crypto assets. Expect huge administrative headaches as all crypto transactions need to be converted into £ and recorded. The authority reiterates that Bitcoin is not money. Her Majesty’s Revenue and Customs (HRMC) on Friday updated its tax policy related to cryptocurrency in the UK. Here’s what you need to know to stay compliant with the British taxman. The HRMC’s statement on Cryptoassets: tax for businesses only provided...

The French Ministry of National Education amended its syllabus to incorporate cryptocurrencies and bitcoin. Students will learn about the functions of bitcoin. While this will be covered as a supplementary topic, it might help spark the interest of students. The European Union (EU) appears to have a neutral stance on bitcoin and cryptocurrencies. The region’s parliament has no specific legislation on cryptocurrencies. In addition, digital assets are considered legal among member...

Warren Buffett’s Berkshire Hathaway is sitting on a massive cash stockpile. Pierre Rochard criticizes the billionaire investor for his strategy of waiting for the value of the U.S. dollar to rise. According to Rochard, Buffett’s strategy is no different from bitcoin HODLers. The Oracle of Omaha, Warren Buffett, has been recently grabbing headlines because of his enormous cash position. As of early November, Buffett’s Berkshire Hathaway is sitting on $128.2 billion in cash. Analysts...