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Although financial regulators found no evidence of suspicious business activities, the exchange still has to pay taxes amounting to $28 million.
Ant Financial will use this funding to expand its operations globally as well as towards developing emerging new technologies like blockchain.
Governor of Thailand’s Central Bank has announced the ‘Inthanon’ project as part of Thailand’s ongoing research into new applications for blockchain technology.
According to Coinbase, once the firm gets the regulatory license, it would soon expand its operations listing more digital tokens to its offerings.
Any currency used as an investment in the venture affecting the value of the token will be categorized as securities as per the SEC jurisdiction.
The revolutionary 7nm semiconductor chips have become the heart of more powerful and energy efficient mining rigs that outperform popular rivals.
Recently Twitter and Square Jack Dorsey said that bitcoin would one day become the single global currency. At Money20/20 conference taking place in Amsterdam, Apple co-founder Steve Wozniak supported this opinion.
Seeking to address the big issue of network scalability that largely postpones the mainstream adoption of cryptocurrency payment system, the creator of Ethereum introduces newly developed Sharding and Plasma solutions.
SBI Holdings launches VCTRADE, in-house bank-backed cryptocurrency exchange. Trading will initially only be available for Ripple. 20,000 potential users who pre-registered back in October of last year have already got access to the service.
The latest funding will be used towards Tradeshift’s growth initiatives along with strategic investments in blockchain and artificial intelligence.
This step from Bithumb is in line with maintaining more transparency in its operations while complying with all the regulatory measures.
Good news for the cryptocurrency community: a new exchange developed by BTCC is said to enter the game in June. The platform will provide faster transactions and enhanced security.
Bogart said that despite the possibility of short-term headwinds in Bitcoin prices, the long-term story is bright as the space is getting largely institutionalized.
Experts from the crypto space have backed the DOJ’s investigation in Bitcoin price manipulation saying that it will help to remove unwanted elements from the crypto market.
The GMO miner B2 is expected to deliver high-levels of hashing power with lower electricity demands.