Monthly Archives: January 2020

Paris Saint-Germain Teams up With Cryptocurrency Exchange Platform CoinCasso

Paris Saint-Germain and cryptocurrency exchange platform CoinCasso have joined forces in a multi-year international partnership, with the virtual currency giant becoming an Official Partner of the Parisian club in all markets outside of France. CoinCasso is a blockchain specialist and will now be in a position to capitalise on Paris Saint-Germain’s high profile in its key regions of Europe, Asia and the USA, where the company is hoping to establish itself as a benchmark platform. “The cryptocurrency exchange market is both young and innovative,” said Luke Ozimski, […]

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Cryptocurrency Taxes in the UK: What You Need to Know

Tax season is here in the U.K. — and it’s time crypto investors buckled down to file their cryptocurrency tax returns correctly. There have been a lot of indications that the U.K.’s Her Majesty’s Revenue and Customs (HMRC) is starting to take a stern view of crypto tax evaders.  The first cryptocurrency guidance was released back in 2018 after a special report was submitted by the Cryptoassets Taskforce — an initiative launched by the HMRC in collaboration with the Financial Conduct Authority (FCA) and Bank of England. […]

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Alleged Launderer of $4B in BTC Vinnik Charged in France After Extradition

French authorities have charged former operator of now-shuttered crypto exchange BTC-e and Russian national Alexander Vinnik. French authorities have charged former operator of now-shuttered crypto exchange BTC-e and Russian national Alexander Vinnik. Bloomberg reported on Jan. 28 that Vinnik’s lawyers said that he will remain in France to face his charges following his recent extradition from Greece. According to an unspecified official at the prosecutor’s office, Vinnik was charged with extortion, aggravated money laundering, conspiracy and harming automatic data-processing systems. The legal shuttle One of his lawyers […]

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SEC Tells Telegram Its Crypto Is Worth Less Than Donuts

On Jan. 27., the Securities and Exchange Commission (SEC) fortified its case against Telegram, calling its Gram token less valuable than donuts. On Jan. 27., the Securities and Exchange Commission (SEC) fortified its case against Telegram, saying its Gram token is worth less than donuts.  The SEC’s counter In the latest in their battle with Telegram and the Telegram Open Network (TON), the SEC argued in a memo to the Southern District Court of New York: “Telegram offered and sold Grams as securities when it promised to […]

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Binance’s US Trading Platform to Introduce Staking Rewards

Binance.US, the U.S. cryptocurrency trading platform of major crypto exchange Binance, will introduce stacking rewards in February. Binance.US, the U.S. cryptocurrency trading platform of major crypto exchange Binance, will introduce stacking rewards in February. According to an announcement published by Binance.US on Jan. 29, staking rewards will be made available for Algorand (ALGO) and COSMOS (ATOM) starting next month. Staking support for more coins to come Furthermore, the exchange announced plans to add other Proof-of-Stake (PoS) coins later. The announcement explains that an easy way to access […]

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New miniZ v1.5t Nvidia CUDA Miner with Better Performance and Stability

A new version of the miniZ 1.5t Nvidia CUDA GPU miner for Equihash-based algorithms is available and it brings extra performance, improvements and better stability. The major performance improvements are for the Equihash 150,5 and 210,9 algorithms with up to 4% depending on algo and GPU used. Nvidia RTX 2070 gets up to 8% on Equihash 192,7 as well as 1660 Ti. There are also minor performance improvements in all other algorithms with up to 2% boost, depending on algo and GPU used. The new version also […]

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Uphold App Now Lets Users Easily Trade Directly Between Over 60 Cryptos, Fiat Currencies and Metals

The new Uphold mobile app features an ‘Anything to Anything’ interface, which lets users easily trade directly between more than 60 assets. This means that Uphold users in the UK for example, can now directly buy bitcoin cash (BCH) with their local GBP fiat without having to use an intermediary currency such as USD or BTC. The company also added bank connectivity for users in seven more countries, bringing the total to nearly 40 countries. Also Read: Uphold Users Gain Access to Salt’s Crypto-Backed Loans Anything to […]

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French Pro Soccer Team Paris Saint-Germain Launches Fan Token

French professional soccer team Paris Saint-Germain is launching its fan token, which fans will first use to vote on an inspirational message for the captain’s armband. The fan token of top-tier soccer team Paris Saint-Germain (PSG) is now available for sale on the blockchain platform Socios, the team announced in a tweet on Jan. 28.  As one of the first uses of the $PSG Fan Token, holders will vote on an inspirational message to be printed on the armband of the captain — Thiago Silva — when […]

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Crypto Payments on Darknet Markets Doubled for First Time Since 2015

Total darknet market sales in crypto hit a new high in 2019, for the first time surpassing $600 million, according to a new study by Chainalysis. The volume of cryptocurrency flows coming on darknet markets have doubled for the first time in four years, a new study says. In part of its 2020 Crypto Crime Report published on Jan. 28, Chainalysis — a New York-based blockchain analytics firm — found that darknet markets have significantly increased their share of total incoming crypto transactions in 2019, doubling from […]

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Millennials Prefer Bitcoin to Alibaba, Netflix Stock as GBTC Hits $10K

Data from Charles Schwab makes it clear that Bitcoin is considered one of the most viable investment opportunities by the younger generation. Millennials prefer to hold Bitcoin (BTC) equity than invest in some of the world’s best-known companies, surprising new data reveals.  In a report originally released in November, Charles Schwab, one of the United States’ biggest brokerage firms, shed new light on the increasingly pro-Bitcoin stance of Millennials compared to previous generations.  GBTC makes inroads at Charles Schwab 1.84% of assets held as equity with Schwab […]

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