This news section spotlights emerging altcoins, project updates, tokenomics changes and ecosystem developments driving innovation in DeFi, Web3 and digital assets. Keep track of the next wave of digital currencies before they make headlines—and gain insights that matter in the altcoin sector.
The Senate Banking Committee will hear arguments from Circle CEO and Co-founder, Jeremy Allaire on the digital currencies and the blockchain industry. Allaire hopes that a new regulatory framework will be adopted for the sector.
In a bid to provision digital currency traders with an ample means to manage all of their assets from a single wallet, an upgraded version of the number one stablecoin – Tether, would be launched on Blockstream’s Liquid Sidechain Network.
Multinational professional services firm and one of the ‘Big Four’ auditors, PwC, praises Singapore’s move to exempt cryptocurrencies and digital tokens from sales tax when used to pay for goods and services.
The US Capital Global Securities (USCGS) has joined other institutional cryptocurrency and blockchain investors by adding holdings in Nomics, Bakkt, Coinbase, and Tagomi in its investment portfolio.
According to Viber’s CEO, the company is going to work on the promotion of its native Rakuten coin that is being developed in cooperation with Rakuten.
A number of new players in the industry are creating an alternative option by drafting specific rules and regulations for cryptocurrency. Malta, Bahrain, and Gibraltar have been among the first to do such, now Belarus and Singapore join the club.
Just recently, in a medium blog post, PundiX team has revealed that they have successfully integrated Samsung Blockchain Wallet into their payment app.
Just recently, LinkToken (LTK) has been used to carry out the transaction that is now viewed as the world’s largest digital asset transaction in history.
With increasing cases of cryptocurrency-related thefts, scams, and frauds, there’s an immediate demand for reliable storage solutions. The Austrian State Printing House has invented a cold wallet solution, Chainlock to secure and protect assets.
As part of its efforts to ensure compliance, the IRS has commenced sending out letters to erring crypto users. More than 10,000 people will receive one of three letters, advising them to report earnings and pay required taxes.
TomoChain, the scalable public blockchain platform, becomes one of the most recent entities to donate to Binance Charity joining hands in the Binance Charity Lunch For Children (BCLC) initiative.
Ripple sent an open letter to the U.S. Congress intending to explain the differences between various blockchains and digital currencies. In the letteer the company stressed the willingness to cooperate with the authorities.
The Bank of China posted an infographic explaining Bitcoin and its price increase. The infographic points towards the fact that Bitcoin has a limited supply as naturally making the cryptocurrency prone to price increases.
With estimates that as many as 90% of crypto startups never make it, it’s worth checking out a few simple tips granting your startup a much better chance of taking beyond infancy.
The latest CORindex crypto report is titled “July 2019 Cryptocurrencies Transactions and Activity” and it features key data any analyst or investor in this space will need to know to make decisions about their assets.