The Indian Supreme Court on Thursday asked the Government to share its view on cryptocurrency within two weeks. The court is addressing the multitude of petitions filed by digital currency operators against the central bank’s anti-crypto circular. India is Two Weeks Away from Ending Policy Confusion over Crypto As Supreme Court Demands Clarification The Reserve…
Members of the ruling elite in North Korea are suspected of launching two scams aimed at exploiting gullible crypto investors still attempting to get in early on a potential moon shoot. The totalitarian state is thought to be using such schemes to stay afloat in the face of international sanctions. Technical Sophistication of North Korean…
The Indian Supreme Court on Thursday asked the Government to share its view on cryptocurrency within two weeks. The court is addressing the multitude of petitions filed by digital currency operators against the central bank’s anti-crypto circular. India is Two Weeks Away from Ending Policy Confusion over Crypto As Supreme Court Demands Clarification The Reserve…
A research and development division at Sony has unveiled a new contactless cryptocurrency hardware wallet for cold storage, which could indicate the consumer electronics giant may be eyeing a bigger move into the cryptocurrency space. Sony Computer Science Lab Preparing Contactless Crypto Wallet The research and development arm of Japan-based Sony Corporation, Sony Computer Science…
The government of Sweden has called for plans to launch a digital version of their fiat currency, the krona, to be brought forward. As the country moves rapidly towards a cashless future, there are concerns that citizens will turn to means of payments provided by “private agents” without “state-guaranteed” digital cash. Swedes Quickly Dropping Paper…
Amid Mastercard’s unexpected push for a patent outlining “fractional reserve” banking for crypto assets, the CEO of Visa has claimed that cryptocurrencies aren’t a pertinent threat to the stability of legacy financial systems. Al Kelly: Bitcoin, Cryptocurrency Aren’t Immediate Threats To Visa Months after claiming that the “sun has set” on Bitcoin and crypto assets,…
When Bitcoin was debuted in October of 2008, the world’s first cryptocurrency was slow to garner traction. At the time, only the most eccentric internet users were willing to allocate capital, time, and brain power to bolster the development efforts of the Bitcoin Network, the first true blockchain/decentralized database. However, as time elapsed, the cryptocurrency…
Key Points Bitcoin price failed to move above the $6,400-6,410 resistance area against the US Dollar. There is a key bearish trend line in place with resistance at $6,405 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is currently trading below the $6,410 resistance and the 100 hourly simple…
One of the U.K.’s Conservative Party members has both joined and left an advisory role at a cryptocurrency exchange platform in the last week. Stephen Hammond, MP, stated that his position at the IronX digital asset trading venue might be seen as a conflict of interest. IronX Promotes Risks Hammond Has Previously Warned About According…
Fiat-to-crypto trading is now live on the Uganda-facing division of the hugely successful trading platform Binance. As part of a wider commitment to encouraging blockchain being used for charitable causes, its CEO, Changpeng Zhao, announced that his exchange would donate $500,000 to local causes through the firm’s charitable wing. Binance Execs Spy Big Opportunities in…