CRYPTOMARKET

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  • Crypto Markets Experience Slight Uptick After Week Of Lows

    The crypto markets are seeing a slight upward trend Saturday, March 31, after hitting monthly lows this week, according to data from Coin360. Bitcoin (BTC) is above $7,000 again, trading for around $7,140 and up over 2 percent over a 24 hour period to press time. BTC saw a 24 hr low today of $6,623, […]
  • Major Russian Bank Looks To Pilot Crypto Transactions In Switzerland

    Major Russian state-owned bank Gazprombank will be conducting pilot cryptocurrency transactions in Switzerland, local news outlet Vedomosti reported March 29. According to Aleksandr Sobol, the Deputy Chairman of the Board at Gazprombank, Switzerland was chosen due to the more liberal crypto legislation in the country. Sobol said that “some kind of pilots” will “of course” […]
  • Subsidiary Of Russian State-Owned Bank May Conduct Cryptocurrency Pilot

    A board member with Gazprombank has revealed that the financial institution could run a cryptocurrency-related pilot in Switzerland through a local subsidiary there. According to reports from Russian media, the state-owned Gazprombank, which was founded by the majority state-owned oil giant Gazprom, might conduct a small cryptocurrency pilot in Switzerland through a subsidiary later this […]
  • New EIP Suggests Ethereum Hard Fork For ASIC Resistance

    Leading Ethereum developers are currently debating whether to hard fork the blockchain in order to implement a change aimed at undercutting the effectiveness of expensive, tailor-made mining equipment. In light of reports that the Chinese tech firm Bit main “has already developed” an Application-Specific Integrated Circuit (ASIC) designed for the purpose of mining Ether, members of […]
  • Russians Owe 13% Tax on Their Crypto Incomes

    Russian citizens are expected to pay 13 percent tax on their crypto-related incomes. Amendments to the tax code are currently being prepared. The exact rates should be confirmed by the end of the year. However, lawyers have warned that even now citizens risk criminal prosecution if they fail to report gains from dealings with cryptocurrencies. […]
  • Markets Update: Cryptocurrencies Lose Over 20 Percent This Week

    The market value of all cryptocurrencies within the digital asset economy has dropped significantly over the past few days. Since last year’s all-time high, most cryptocurrencies have lost between 60-70% of those gains. While lots of coins are following suit in relative unison with BTC/USD market losses, some digital currencies have received more severe cuts […]
  • PBOC to Strengthen Cryptocurrency Regulations in 2018

    The People’s Bank of China (PBOC)’s Institute of International Finance has released a report identifying cryptocurrencies as a top priority for 2018. The document claims that widespread retail investment into cryptocurrencies has the potential to pose systemic risk to the Yuan, and also emphasizes the PBOC’s intention to expand its research and development into cryptocurrencies. […]
  • Governance in 0x Protocol Roadmap, timeline and the role of the ZRX token

    TL;DR 0x protocol’s pipeline of smart contracts can accommodate upgrades without downtime or disruption to markets. The ZRX token will drive a governance process that allows stakeholders tosecurely execute these protocol upgrades. ZRX as a fee token enhances governance by ensuring the token distribution converges on a representative sample of protocol stakeholders over time. 0x […]
  • Gibraltar Blockchain Exchange Approves Traceto.io for Sale on GBX Grid Platform

    The Gibraltar Blockchain Exchange (GBX) announced on Monday the approval of Traceto.io as the first token to be sold on the GBX Grid launch centre. Traceto.io is a decentralized Know Your Customer (KYC) network providing an inclusive KYC solution for cryptocurrency and blockchain organizations all throughout the ecosystem, leveraging smart contract and artificial intelligence technologies. […]
  • Unity lets developers use Kin cryptocurrency to reward gamers

    Game engine creator Unity Technologies has teamed up with messaging app company Kik to enable game developers to use Kik’s Kin cryptocurrency to reward players. Kik joined the crypto bandwagon in September, raising almost $100 million from the sale of its tokens, dubbed Kin. And now Kik, through the Kin Ecosystem Foundation, is signing deals […]
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