In a court case hearing involving the use of Bitcoin for transferring funds for illicit activities of drug trafficking, the District Court of Colombia has considered Bitcoin and cryptocurrencies as “money”.
Cypherium CEO is a massive advocate for ensuring CBDCs are interoperable and he has developed a framework to ensure CBDCs achieve their full adoption and global innovation.
Presently, scams constitute 1% of activities in the crypto sphere. This year the most widely discussed scam so far is the Twitter hack.
The son of ex-Nissan head Carlos Ghosn is said to have used the Coinbase platform to send funds in Bitcoin to two men to get his father out of Japan in December 2019.
Bitcoin Suisse has raised more than CHF 45 million ($48 million) in its first-ever funding round. The Series A was for 16.4% of total equity and completed in four months.
Opera users in the UK can now utilize their Opera built-in crypto wallets to trade Ethereum as more digital assets will be added in the near future.
Citing the Communications Decency Act of the California law, YouTube says that it cannot be treated as publishers for any third-party content. Thus, it claims immunity from the frauds that took place.
Visa stated that digital currencies could help in offering better services and expansion of the networks that would support modern forms of trade and exchange.
Bitcoin (BTC) might have triggered the long awaited rally ahead of the $2 trillion Fed stimulus that is expected soon.
Further updates have been provided by Twitter following the hack of its platform last week. The new information shows that the DMs of 36 accounts were compromised.
New services offered by banks can become a big boost for bridging the gap between the traditional and crypto markets.
The cryptocurrency market was overwhelmed by bulls over the last 24 hours.
South Korea has amended its law to charge a 20% tax on crypto earnings above 2.5 million KRW. The tax amendments should be approved by the parliament.
Bitcoin is going to reach $1 trillion in settlement in 2020, while stablecoins have already seen their biggest year ever. The stablecoin monetary base increased by $3.8 billion.
DeFi is currently growing by nearly half a billion per week in used or ‘locked’ assets, with it coming close to $2 billion just two weeks ago while now it is ready to surpass $3 billion.