[ad_2][ad_1] Ethereum Classic Labs, the entity behind the Ethereum Classic (ETC) asset, and blockchain analytics group Chainalysis have joined forces. In addition to its work on ETC-related technology, ETC Labs also runs an accelerator wing to support and aid startups in the cryptocurrency industry. Thanks to an alliance with Chainalysis, …
Read More »The first distribution of SUN tokens will be on September 11th
[ad_2][ad_1] SUN tokens will be redeemable on September 11 and the blocked TRX token will be redeemable on September 16. The SUN Token generated from September 11th to September 16th will be available for daily collection at 12:00 Hong Kong time. After the obvious success of TRON’s latest DeFi protocol, …
Read More »Cryptocurrency Explanation: What is Litecoin?
[ad_2][ad_1] Created in 2011, Litecoin is an evolution of Bitcoin. It is based on a modified version of the original Bitcoin code. As such, the two cryptocurrencies have a lot in common. However, specific code and algorithmic changes allow Litecoin to transact faster and cheaper than Bitcoin. This makes Litecoin …
Read More »Market Wrap: Bitcoin reaches $ 10.4K; Ether balances on trade drop to a 7-month low
[ad_2][ad_1] Bitcoin was up before losing momentum; ether holders are moving their cryptocurrency out of exchanges. Bitcoin (BTC) traded around $ 10,284 at 20:00 UTC (16:00 ET). Down by 0.12% compared to the previous 24 hours. Bitcoin 24 Hour Range: $ 10,174- $ 10,488 BTC below its 10-day moving average …
Read More »The IRS doubles, investing another quarter of a million dollars in monitoring crypto transactions
[ad_2][ad_1] On September 8, the IRS Criminal Investigation Department signed a $ 249,900 contract with a blockchain analytics firm to expand its crypto-tracking tools. The contract provides limited information, but follows a general IRS trend that steps up its game when it comes to encryption. The company behind the contract, …
Read More »Market Wrap: Bitcoin is around $ 10,000; DeFi value drops blocked
[ad_2][ad_1] Bitcoin is stuck around $ 10,000 with little price action while some Ether holders have withdrawn from the DeFi ecosystem. Bitcoin (BTC) traded around $ 10,014 at 20:00 UTC (16:00 ET). Down 1.1% compared to the previous 24 hours. Bitcoin 24 Hour Range: $ 9,920- $ 10,439 BTC below …
Read More »Crypto Loan: Here are seven of the best interest rates on the market
[ad_2][ad_1] The cryptocurrency is evaluating traditional finance on its legacy of loans and loans with competitive interest rates (currently starting at 0.44% for Ethereum and 4.50% per year for bitcoin) and less complicated verification procedures. Holders of cryptocurrencies present their virtual assets as collateral to obtain loans paid in fiat …
Read More »IRS Tackles Crypto Micropayments, Blockchain Shipping Platforms Expand, DOJ Ties North Korea’s Crypto Hacks To Chinese Merchants, FBI Plot Hinders Bitcoin Corruption | BakerHostetler
[ad_2][ad_1] IRS tackles taxation of cryptocurrencies received in microtasks, Swiss Enable Crypto Payments Of: Robert A. Musiala Jr. At the end of last week, the US Internal Revenue Service (IRS) issued a memorandum on the topic “Taxation of the virtual currency received in the crowdsourcing job market”. The memorandum discusses …
Read More »Litecoin’s daily active addresses (LTC) suggest a bullish divergence
[ad_2][ad_1] Quick grip: Litecoin shows a bullish divergence between the daily active addresses and the price LTC shows a maximum of 3 months in terms of address activity compared to its current price Litecoin’s MimbleWimble protocol is slated to launch on its testnet this month LTC could be preparing for …
Read More »JP Morgan will use JPM Coin for blockchain institutional payments – Ledger Insights
[ad_2][ad_1] Today JP Morgan announced that it intends to start testing JPM coins to make instant payments using blockchain. It will only be used to transfer money between JP Morgan accounts held by other institutions such as banks, broker-dealers and companies. Today is Valentine’s Day, not April Fool’s Day. This …
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