Unless Outlawed, Every Country Recognizes Crypto Payments

In an exclusive interview with Cointelegraph, Albert Isola, Gibraltar’s minister for digital and financial services, argued that every country that respects contract laws recognizes crypto payments in the absence of regulation that prohibits them. On the question of whether Gibraltar legally recognizes crypto-asset payments, Minister Isola stated: “Yes. [T]he transfer of crypto assets and crypto […]

Gold’s Post-Pandemic Upside Is Huge. But it Pales Alongside Bitcoin

Source: Adobe/Roman Bodnarchuk Juan Villaverde is an econometrician and mathematician devoted to the analysis of cryptocurrencies since 2012. He leads the Weiss Ratings team of analysts and computer programmers who created Weiss cryptocurrency ratings. Dr. Bruce Ng is an educator in the field of Distributed Ledger Technology (DLT) and has been a lead crypto-tech analyst […]

Algorand Partnership Offers Integrated Accounting to Token Holders

Crypto tax provider Verady has announced a partnership with Algorand (ALGO) to offer integrated accounting to ALGO holders. Verady also revealed that its technology is being used by Algorand and Blockchain.com for their internal accounting and auditing. Verady integrates ALGO into tax platform Speaking to Cointelegraph, Verady’s co-founder and chief executive, Kell Canty, stated that the new […]

Chinese, International Telcos Explore ‘Blockchain + 5G’ Paradigm

Source: Adobe/Tadej Telecoms companies are increasingly looking to combine 5G and blockchain operations – particularly those based in China, per a new report that suggests blockchain development is as now as important to telecoms firms as next-generation mobile networks. Media outlet Communication Information News, via East Money, claims that some 23 telecoms companies based in […]

Belgium Losing $3.2M to Crypto Fraud in 2019 Is ‘Tip of the Iceberg’

Global losses from cryptocurrency fraud and theft surged massively in 2019, doubling from 2018. Despite multiple efforts to tackle fraudulent crypto schemes, countries like Belgium continued to suffer losses to crypto fraudsters. According to a May 8 report by Belgian newspaper De Tijd, Belgium’s economic inspectorate reported 2.94 million euros ($3.2 million) in losses due […]

Bitcoin Suisse Raising USD 56M, ‘Free TON’, Zcash Eyes Cosmos + More News

Source: Bitcoin Suisse Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Investment news Bitcoin Suisse, a crypto financial services firm, has announced the start of its Series A capital raise. According to the press release, a total of 20% […]

Bitcoin Miners Send Bullish Signs Ahead of Halving

Source: Adobe/Belish There’s some bullish news from the mining industry ahead of Bitcoin (BTC) halving. Miners are hoarding BTC, expecting higher prices and buying rigs in the thousands, while the recent rally has made older rigs profitable once more, thus pulling many miners away from the exit door. The miners have sold less than they’ve […]

Deribit Leads the Pack as Bitcoin Options Hit $1 Billion

Bitcoin options interest is booming as more sophisticated traders and hedge funds enter the crypto market. This Exchange News was brought to you by OKCoin, our preferred Exchange Partner. Share this article The Bitcoin options market has seen 10x growth since the beginning of 2019, as open interest swelled from $107 million to $1.07 billion. […]

Bitcoin Suisse Seeks $50M to Become a Crypto Bank Unicorn

Swiss crypto broker Bitcoin Suisse is seeking almost 50 million Swiss francs ($51.5 million) in funding to support its plans for expansion into the banking sector. According to a new report published on May 8, the company is telling investors that it could reach unicorn status, i.e. have a valuation of 1 billion francs ($1.03 […]

Top 5 Decentralized Exchanges by Trading Volume

A brief look at top decentralized exchanges by trading volumes for the past week. Key Takeaways Decentralized exchanges (DEXes) recorded $2.4 billion in volume in 2019. Two top DEXs, Uniswap and 0x, had 7-day trading volumes of $67 million and $25.7 million, respectively. Data showed that a small number of traders were responsible for DEX […]