News

The regulated future of blockchain-based crowdfunding is just around the corner, with regulators now taking a hands-on approach to the oversight of initial coin offerings (ICOs). Regulatory interest in ICOs, as well as the recent establishment of legal precedents that define ICOs as securities under U.S. law, have catalyzed a dramatic surge in the amount […]

On Sept. 18, Visa, Mastercard and three major banks paid $6.2 billion in an antitrust settlement for forcing merchants to pay swipe fees and preventing them from utilizing other methods of payment. Experts believe increasing cases of malpractice in the traditional finance sector will lead merchants to cryptocurrencies. According to Reuters, the $6.2 billion fine […]

As the cryptocurrency market matures, a number of exchanges have begun to offer crypto derivatives contracts. To margin trade on these platforms, users are forced to trust their crypto capital on centralized exchange wallets. A new open-source platform leveraging dYdX protocol, however, has launched the first truly trustless method of creating short and leveraged positions […]

Augur, an open source oracle and prediction market protocol built on the Ethereum blockchain, has seen a serious dip in users since it first launched in July, according to data from DappRadar. A chart on the site’s dedicated Augur page–which tracks tweets, the amount of Ethereum being traded on the app and the number of […]

Within merely 24 hours, the crypto market has added $12 billion to its valuation, surging to $212 billion. As the best performing cryptocurrency on the day, XRP, the native cryptocurrency of Ripple, has risen by more than 40 percent overnight. Cardano (ADA) and Stellar (XLM) both recorded solid 13 percent gains against the U.S. dollar […]

In a letter sent from the House Ways and Means Committee on Wednesday, U.S. lawmakers are calling on the Internal Revenue Service (IRS) to issue more specific guidelines for taxes on digital assets. The letter lays out exactly what questions the Committee wants to be answered, with a  deadline of “no later than Oct. 17, […]

All data cited in this article was pulled at 11:30 p.m. EST on Wednesday, Sept. 19, 2018. IDEX, a decentralized exchange with real-time trading and high-transaction throughput, had 1,634 users over the past 24 hours. IDEX is ranked 67th in crypto-asset exchange volume, with 335 markets and a 24-hour volume just shy of $2 million. […]

The U.S. Securities and Exchange Commission (SEC) revealed Thursday that it has, once again, postponed its decision regarding the Cboe Bitcoin exchange-traded fund (ETF). However, the SEC has initiated proceedings to determine whether to approve or deny the ETF. In the order, the SEC wrote: “Institution of such proceedings is appropriate at this time in […]

Chinese security researchers from Qihoo 360 Netlab have discovered a savvy botnet that destroys illicit crypto mining malware rather than hacking victims’ PCs for its benefit. The Benevolent ‘Cryptojacker’ The botnet, called Fbot, is based on the Satori Mirai program, which is typically used for DDoS attacks, according to Bleeping Computer, who first reported the news […]

It’s the word on the crypto community’s collective mind: Regulation. And for the U.K.’s Right Honorable Nicky Morgan MP, Chair of the Treasury Committee, cryptocurrency is a wild “wild west.” Volatility in the field isn’t new information, and neither is necessary adaptation. Protocol in regulation scenarios such as this has required a great deal of […]