According to the Director of Cybercrime at the Internal Revenue Service, Jarod Koopman, the US government has confiscated cryptocurrencies worth about $1.2 billion in 2021 alone. This figure is a significant increase from the number recorded last year with $137 million in seized cryptos. Koopman revealed the latest figures in an interview with CNBC on […]
USDCAD Price Analysis – August 4 USDCAD pushes up after employing the cup and handle formation. The market used this formation to effect a reversal in the market direction after a long period of downtrend movement which dates back to last year. Price kept making lower highs and lower lows consistently. This continued till the […]
The Indian Ministry of Finance has answered some pressing questions about the status of cryptocurrency activities and regulations in the country on Monday. The ministry responded to a series of questions from the Lok Sabha, the lower house of India’s parliament, on some crypto matters. The minister state for the finance ministry revealed that the […]
Payments solutions behemoth MasterCard has updated its cryptocurrency plans during the firm’s earnings call on Thursday. The CEO of the company, Michael Miebach, explained that MasterCard has intentions to play key roles in three areas in the crypto industry. Along with cryptocurrencies like Bitcoin, the firm also has its eyes on private stablecoins and central […]
According to recent reports, a new law will come into effect next week, which would allow investment companies in Germany to hold up to 20% of their assets in digital assets. This new development comes amid the increasing demand from several institutions towards the industry. Based on the report by Bloomberg on July 30, Spezialfonds, […]
PayPal is expanding its foray into the cryptocurrency industry as the payments giant announced the launch of its “super app wallet” for its American customers. The company noted that it would launch the upgraded version in the upcoming months. PayPal CEO Dan Schulman revealed in the PayPal Q2 2021 Earnings Call that the company plans […]
With the growing boom in the cryptocurrency industry and the fear of missing out on a trending investment, many investors buy into crypto projects without knowing what they are or do. While cryptocurrencies are trendy and very profitable, it helps to know exactly what it is you are venturing into. In this article, we will […]
The BSV Technical Standards Committee (TSC) has completed the publication of the Merkle Proof standard under the OpenBSV license, which is the first-ever BSV technical standard. This big news is announced during the recently concluded CoinGeek Conference held in Zurich, Switzerland, by nChain CTO and TSC Chairman Steve Shadders and Two Hop Ventures founder and […]
Being a county where cryptocurrencies have thrived, Ukraine has now announced its plans to develop its virtual asset market within the next three years. According to Forklog, an Estonia-based blockchain magazine, the new roadmap was presented by officials from the Ministry of Digital Transformation, including other government institutions and representatives of the private sector. The […]
