News

Cryptocurrency, despite the massive drop in value from a year prior, was still a hot topic of discussion at the World Economic Forum in Davos, Switzerland. Experts on cryptocurrency and blockchain debated the technology in the panel “Building a Sustainable Crypto-Architecture” with insight into both sides of the discussion. The moderator, Gillian Tett of the […]

Hyperledger—an open-source project spearheaded by IBM—announced the launch of its Grid framework, a new set of tools designed for optimizing supply chain applications of the software. The new project will introduce new aids and “smart contract based business logic” to promote experimentation with Hyperledger’s suite of technologies. Greenhouse of Tools As noted in the group’s […]

Delinquent federal and state tax filings or unreported 2017 or prior tax years’ transactions may force taxpayers dealing in crypto to liquidate significant positions in cryptocurrencies at lower values to pay outstanding tax liabilities to the IRS, including interest and penalties. The meteoric rise of Bitcoin and other convertible virtual currencies’ value in 2017 were […]

The United Kingdom’s Financial Conduct Authority (FCA) released a ‘consultation paper’ on Jan. 23rd as part of its next step on working with crypto assets. It sets out details on where different types of crypto assets might fall in the regulatory perimeter. This consultation paper allows the public to give feedback on the proposed measures […]

Redditors, in a humorous attempt to push up bitcoin prices, are trying to fool trading bots that scrape the forum for sentiment. And the results are hilarious. Reddit’s Crypto Conundrum The ritual started from a Redditor who proclaimed on Jan. 22nd to “trick the bots by being positive.” The specifics behind his plan: “Bots use […]

Icelandic Bitcoin mining equipment thief, Sindri Þór Stefánsson, was sentenced to four and a half years in prison on Jan. 17th. He was re-apprehended in the Netherlands after he fled custody and boarded a flight to Stockholm from Reykjavik in April 2018. Stefánsson made headlines in February last year when he stole Bitcoin mining equipment […]

Coinbase has launched a new set of financial services that target high-volume traders in Asia and Europe. The biggest feature: the exchange now supports SWIFT transfers that will allow clients in Asia to fund their accounts from banks based outside the U.S. Coinbase Targets Large Traders Coinbase, one of the most popular US-based digital asset […]

Following the aftermath of 2018’s price drop—which saw the value of Bitcoin below 80 percent of the value from its all-time high—stablecoins are looking to become a more attractive crypto solution this year, particularly in the Asia-Pacific Region. As we begin the new year, it’s important for us to take stock of the stablecoin landscape, […]

There are percolating allegations that Apollo Currency is a “pump and dump.” Others claim that one of the project’s co-founders—Stephen McCullah—is a “scam artist,” and that APL is a “massive scam” that is making him “rich.” CryptoSlate explores these allegations and finds evidence of misinformation, claims of sabotage, and a bizarre expedition into the heart […]

South Africa’s reserve bank released a consultation paper that includes favorable recommendations and guidelines for the crypto asset industry in the country. However, the agency is not looking to treat Bitcoin and other digital currencies as ‘currency.’ On Jan. 16th, The South African Reserve Bank (SARB) released “Consultation Paper on Policy Proposals for Crypto Assets,” which […]