Mark Cuban has come out with some strong views on both Bitcoin and gold as a long-term store of value. The American entrepreneur and investor deemed both assets as nothing more than “collectables”. Mark Cuban Prefers Bitcoin to Gold, Albeit Marginally Speaking to gold news platform Kitco, the billionaire Shark Tank personality said that he […]
Gemini, the cryptocurrency exchange founded by the Winklevoss twins, has added a new feature that will reduce the impact that large buy and sell orders have on the Bitcoin price. Announced on Monday, Gemini Block Trading will allow cryptocurrency “whales” to execute large trades outside of the exchange’s continuously-updated order books, where a single trade […]
Cryptocurrency investigation enterprise Chainalysis is releasing a product called Know Your Transaction (KYT) designed to help businesses track customers that may be involved in illicit cryptocurrency-related activity. The company’s clientele includes the Federal Bureau of Investigation (FBI), the Drug Enforcement Administration (DEA) and Europol. Per a recent blog post, Chainalysis stated that it holds a […]
Blockchain startup Stably has garnered $500,000 in seed funding to launch its stablecoin.
Mining hardware manufacturers have begun selling Cryptonight ASIC miners for next to nothing after privacy-centric cryptocurrency Monero carried out its threat to adopt a hard fork to maintain ASIC resistance. Last week, Monero activated its semi-annual hard fork, an update that included an alteration to its instance of the Cryptonight Proof-of-Work (PoW) consensus algorithm. This […]
Basecoin developer Intangible Labs raised $125 million in a SAFT sale, SEC filings show.
South Africa’s tax agency has told taxpayers that cryptocurrency-related income will fall under normal tax rules and may also be liable for capital gains tax. The South African Revenue Service (SARS) has reminded taxpayers that the onus is entirely on them to declare cryptocurrency gains or losses as part of their taxable income. Crypto-related gains […]
The post Bitcoin News Summary – Apr 9, 2018 appeared first on 99 Bitcoins. Here’s what happened this week in Bitcoin in 99 seconds. The Reserve Bank of India (RBI) has announced that the bank will no longer provide services to any person or business that deals with cryptocurrencies, adding that it […]
The cryptocurrency world has gone through various notable improvements in the recent past. These improvements in infrastructure and platforms have been so far designed to appeal to the niche market of serious crypto-users. However, it would be notable that even with these efforts in place, there is still a lot to be desired especially while […]
Tempers often flare in the world of cryptocurrency. With so many different opinions and “egos” to deal with, clashes are unavoidable. Justin Sun, founder of the Tron Foundation, has attracted the attention of Vitalik Buterin. Calling Tron better than Ethereum is definitely a stretch, as it is the same as comparing apples with pomegranates. The […]