[ad_2][ad_1] By managing to overcome the sell-off at the market level today, most altcoins recorded some losses on their trading charts, with Bitcoin trying to stay just above the $ 13,100 level at press time. Litecoin was seeing selling pressures, which pushed the digital asset below two of its short-term …
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This Week in Payments: CEO of Ternio on Blockchain
[ad_2][ad_1] To share Tweet To share To share To share Print E-mail The U.S. presidential election is approaching, COVID-19 cases are witnessing a new wave that could plunge into the global economy, and bank earnings have continued to tell a story about consumers safely and consistently shifting their spending. Karen …
Read More »Cryptocurrency Lender Celsius Touches Horizen For Proof-of-Reserves Proof of Concept
[ad_2][ad_1] Cryptocurrency lender Celsius is producing a series of experiments over the next few months that will test what it would be like for the company to decentralize some of its operations. The centralized finance advocate (CeFi) is working with Horizen, a platform that develops and maintains the ZEN privacy …
Read More »How the IRS tracks people who don’t report their encryption
[ad_2][ad_1] Income taxation of cryptocurrencies is currently a dark arena. It would appear that even the US Internal Revenue Service, or IRS, has a hard time figuring out who owes what, according to Wendy Walker, solution manager at tax compliance firm Sovos. “In the typical tax system, the IRS uses …
Read More »The new Bullrun pushes investors towards Securypto
[ad_2][ad_1] PRESS RELEASE. With Round 1 completely sold out, investors are rushing to board the Securypto IEO. In a world where datahacks have become the norm rather than the exception, anonymity has become a necessity. Securypto The project is making headlines in the mainstream news media for its extraordinary innovative …
Read More »Wrapped Bitcoin is now Ethereum’s sixth largest token
[ad_2][ad_1] Wrapped Bitcoin (WBTC) today reached historic highs in terms of market capitalization and number of tokens. WBTC is the most popular version of Bitcoin tokenized for use on the Ethereum network. According to the official website, there is currently a record total of 116,885 WBTCs, supported by an equal …
Read More »Lower remittance costs in third quarter World Bank studies: Only cryptocurrencies meet the UN target
[ad_2][ad_1] The latest World Bank study shows that the 4.98% average cost to remit funds to South Asia makes it the least expensive region while Sub-Saharan Africa is the most expensive with an average cost of 8.47 %. The quarterly study also finds that it is more expensive to remit …
Read More »Blockchain Bites: Ripple’s MoneyGram Pump, OKEx’s Bitcoin Cash Plan, Bitcoin’s Birthday
[ad_2][ad_1] Ripple invested over $ 50 million in remittance company MoneyGram over the course of the business relationship between the companies. Forbes released an investigation detailing the Byzantine corporate structure Binance may have created to avoid US regulations. Ether grew as a share of Genesis Capital’s total loans. Upper shelf …
Read More »JPM Coin’s debut marks the beginning of the blockchain value-driven adoption cycle
[ad_2][ad_1] In the wake of PayPal announcing its decision to enter the cryptocurrency industry early next year, Bitcoin (BTC) has continued its strong performance and has been hovering around $ 13,500 for nearly a week. In this regard, the payment giant’s foray into the cryptocurrency market has been hailed as …
Read More »Blockchain is a two-speed story
[ad_2][ad_1] 2020 was a year of reckoning for distributed ledger technology (DLT; aka blockchain). The pandemic has amplified the trends already underway. More realistic and pragmatic approaches to blockchain initiatives have been on the agenda for some time as, increasingly, budgets for pure R&D projects, managed separately from the business, …
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