Month: May 2020
Swiss Financial Regulator, FINMA, Licenses Local Bank To Carry Out The Crypto Transactions
Switzerland’s top financial regulator, Financial Market Supervisory Authority (FINMA) grants local banks, InCore, the first license to transact digital currencies….
Chainlink’s Gas Consumption Keeping ‘Rock Solid’ at 1% Despite the Jump in Feeds & Nodes
The 12th largest cryptocurrency by market cap is currently seeing gains of 3.53% while trading at $4.24, with the rest…
South Korea is Proposing A Tax on Profits From Crypto-Fiat Transactions
The South Korean Ministry of Strategy and Finance is proposing a tax on profits from crypto-fiat transactions, reported a local…
Chinese Devs to Use Telegram’s Open-Sourced TON Blockchain To Launch Their Own Network
Chinese TON developers announce the launch of their variation of the TON blockchain after successive launches by TON Lab’s Free…
JP Morgan Chase Set to Pay $2.5 Million in Crypto Class-Action Lawsuit for Overcharging
The largest bank in the United States, JP Morgan Chase has agreed to pay $2.5 million to settle a class-action…
60% of Bitcoin Supply Not Moved in a Year, What Does it Say About the Next Bull Run?
May is coming to an end and bitcoin is looking to stay above $9,500, ending the month with about 8%…
E-Commerce Giant, Amazon, Patents Blockchain Authentication Of Accepted Consumer Products
The world-leading e-commerce platform, Amazon Technologies Inc., filed a patent on blockchain technology for proving the authenticity of consumer goods…
Compound Roadmap to Full Decentralization to Begin with Issuance of COMP to Their Community
Compound will now issue COMP tokens to the users of their protocol in a bid to achieve full decentralization. They…
Crypto Payment Processor BitPay Sees More Use in Stablecoins than Layer-2 Solutions
Rising fees on the Bitcoin blockchain after the halving will not set BitPay, a crypto payments startup, into using layer…
Digital Dollar Foundation Releases Its First Whitepaper Urging The US Govt To Explore CBDC’s
Christopher Giancarlo’s Digital Dollar Foundation releases its first white paper on the digital dollar. The projects aims at implementing a…