Latest Articles
Russian Lawmakers are Looking to Pass the Bill on Cryptocurrencies
By Darya Rudz
• 3 mins read
The document will not include separate taxation schemes for cryptocurrency owners, which means that mining and circulation of cryptocurrencies will be regulated under existing provisions of the Russian Tax Code.
Bitcoin Price Could Hit $40,000, Says Billionaire Investor Marc Lasry
By Darya Rudz
• 3 mins read
Billionaire investor Marc Lasry supported crypto optimists, saying that the price of bitcoin could reach up to $40,000 as it becomes more accepted and easier to trade.
New Goldman Sachs CEO David Solomon Shows Interest in Bitcoin and Other Crypto Investments
By Darya Rudz
• 3 mins read
Goldman Sachs is appointing a new CEO David Solomon, who will replace the incumbent chief executive Lloyd Blankfein in October. With the new CEO, the bank is expected to add more bitcoin and other crypto services to its portfolio.
Litecoin’s Charlie Lee Clarifies his Position on Recent Acquisition of Stake in WEG Bank AG
By Darya Rudz
• 3 mins read
Litecoin founder Charlie Lee provided some details about recent acquisition of Litecoin Foundation, and stated that he expects to receive a board position at the German WEG bank, which will positively influence further adoption of cryptocurrencies in the bank’s operations.
IBM Assists Stronghold in its New USD-pegged Stablecoin Launch
By Darya Rudz
• 3 mins read
A crypto startup Stronghold is launching a new stablecoin in partnership with IBM. The coin is pegged against the US dollar and is now available to institutional clients.
China Unites Forces to Foster Blockchain as a Core Technology for the New Digital Economy
By Darya Rudz
• 3 mins read
Blockchain has received support from the deputy director of China’s Ministry of Industry and Information Technology, Xin Guobin, who urged the country to join forces to make blockchain as a “core” technology for the new digital economy.
BitPay Becomes the Eighth Firm to Receive a “BitLicense” from the New York State
By Darya Rudz
• 3 mins read
After comprehensive review of the activity of cryptocurrency payment processor BitPay, the New York Department of Financial Services granted BitLicense to the company.
81% of the Initial Coin Offerings Launched Since 2017 Turned Out to Be Scams
By Darya Rudz
• 3 mins read
Satis Group prepared a report, in which it has shown that around 81% of the total number of initial coin offerings launched since 2017 have turned out to be scams.
8.5 Million Aussie Dollars Bet that Bitcoin Will Exceed Berkshire Hathaway Share Price by 2023
By Darya Rudz
• 2 mins read
An anonymous investor bet Bitcoin will surpass Berkshire Hathaway’s stock by 2023, which means Bitcoin will have to appreciate by more than 40 times by that time. If the investor is right, he will win US $888 million.
Kin Foundation Pays 25 Developers $3 Million to Create Independent ‘Kin Economies’
By Darya Rudz
• 3 mins read
The Kin Foundation and kik creators have made a multi-million dollar bet. They will pay to 25 developers $3 million to create and maintain independent “kin economies” over a six-month period.