For a panel about a proposed cryptocurrency, Tuesday’s Senate Banking Committee hearing was notably light on crypto talk. Bitcoin was barely mentioned during the two-hour session and most of the lawmakers seemed far less concerned with the technology than with who was planning to leverage it: Facebook. Sen. Brian Schatz (D-Hawaii) put it perhaps the … Continue reading Bitcoin Noticeably Absent From Senate Hearing on Facebook’s Libra
Just five years ago, Bitcoin (BTC) being mentioned by some of the biggest names in finance and politics was a quixotic dream. Now, this dream is coming to a reality. Ever since the cryptocurrency market rebounded in late-2018, investors, politicians, and technologists have begun to realize that Bitcoin is not going to die. And thus, they’ve sprung out of … Continue reading Why Bitcoin Investors Are Taking the U.S. Treasury’s Crypto Quip in Stride
The U.S. Internal Revenue Service (IRS) may consider subpoenaing major tech companies like Apple, Google and Microsoft in search of taxpayers’ unreported cryptocurrency holdings. That’s according to a slide deck presentation from an IRS cyber training session, which details a number of ways the agency’s criminal investigators might find potential crypto tax cheats. “Issuance of a Grand … Continue reading IRS Confirms It Trained Staff to Find Crypto Wallets
Let’s be clear: It was not the substance of Donald Trump’s tweet that made his critique of bitcoin and Libra so important last week. It should be of no surprise that this US President would declare himself “not a fan” of “highly volatile” cryptocurrencies “based on thin air” that “facilitate unlawful behavior” or that he much … Continue reading What Trump’s Bitcoin Tweet Changes
There is no doubt that Bitcoin has been in the driving seat over the past couple of months. Its epic performance has eaten into the crypto markets to such an extent that altcoins are still largely on the floor. That is all except Chainlink which has literally shot for the moon this month. LINK Lashes … Continue reading Crypto Hot Cake Chainlink (LINK) Surges 270% in a Month, Is it Just FOMO?
It seems inevitable that two of the financial world’s hottest trends would cross roads with each other. For bitcoin enthusiasts and investors looking to benefit from the growing popularity of exchange-traded funds (ETF), the possibility of a derivative that tracks the value of cryptocurrencies is the best chance for connecting the two worlds. But the … Continue reading Six Years After First Bitcoin ETF Filing, How Close are We For One?
Developers can now write smart contracts in C# on Microsoft’s .NET architecture. Blockchain development firm Stratis Group Ltd has launched the first smart contracts on Microsoft’s .NET architecture, according to a press release shared with Cointelegraph on July 3. The company has introduced the Cirrus Sidechain Masternodes and Stratis Smart Contracts products designed to enable businesses to develop smart contracts … Continue reading Blockchain Dev Firm Launches First Smart Contracts on Microsoft’s .NET
The CEO of a social investment firm believes that Facebook will have anticipated regulatory scrutiny. Kerim Derhalli of Invstr says recent issues for the social media giant will have prepared it well to deal with lawmakers with regards the crypto asset project. He also says that he thinks the project ambitious. This may force Facebook … Continue reading Invstr CEO: Facebook Will Have Anticipated Regulatory Scrutiny Over Crypto Effort
Cardano (ADA) crumbling, down 18.7 percent Facebook gives nothing in return says, Charles Hoskinson Charles Hoskinson, the co-founder of Cardano, is often brazen. After forcing changes in the Cardano Foundation, he now says Facebook enslaves and gives nothing in return. Presently, ADA is down 18.7 percent week-to-date. Cardano Price Analysis Fundamentals Online commentators believe that Facebook is … Continue reading Cardano Founder Responds To Critics, ADA On The Chopping Board
IBM has recruited two more major shipping carriers to join the blockchain platform it co-owns with container giant Maersk. Announced Tuesday, Hapag-Lloyd and Singapore-based Ocean Network Express (ONE) – the world’s fifth and sixth largest carriers respectively – are the latest ocean carriers to join the TradeLens blockchain. They follow top-five carriers CMA CGM and … Continue reading IBM-Maersk Shipping Blockchain Gains Steam With 15 Carriers Now on Board