EXCHANGES

Youtube Censorship Drives Uptake of Crypto-Powered Video Platforms

[ad_1] If the prospect of greater privacy and financial sovereignty doesn’t lure the masses to crypto networks, perhaps the ability to speak freely will. Lately, a lot of people who couldn’t give a damn about peer-to-peer cryptocurrency have taken a shine to peer-to-peer networks that run on the same censorship-resistant principles. As social networks run amok, deplatforming users for the slightest provocation, decentralized alternatives start to look increasingly alluring. If
Business

Bitcoin SV Splits Into Three Chains Following 210 MB Block

[ad_1] Following a recent hard fork of Bitcoin SV (BSV), the network saw a three-chain split after a massive 210 megabytes (MB) block was mined.As reported by BitMEX Research on Aug. 3, Bitcoin SV nodes divided into three groups on Saturday, making the network to split into three separate chains. According to the report, 65% of nodes were located on the current tip, while 17% were stuck on the 210
BLOCKCHAIN

Top Staking Projects of the Crypto World Today: Report

[ad_1] INDX, the Tokenized Masternode Investment Fund, has calculated the top-10 proof-of-stake (PoS) blockchains based on the expected yield of their tokens. The company did this by quantifying the volatility, volume, liquidity, risk and integrity. The tokens appear in order, from one to 10, based on the expected yield, as predicted by INDX’s proprietary algorithm. Related: Crypto Dividends: Staking Coins for Gains Potentially a Good Strategy in a Bear Market But
Business

Bitcoin Could Cross $15,000 This Week, No Trust in Centralization

[ad_1] Max Keiser, a former Wall Street trader and host of the RT program Keiser Report, said that he believes Bitcoin (BTC) will break $15,000 this week.In tweet published Aug. 3, Keiser said that he is “sensing #Bitcoin will cross $15,000 this week.” He further stated that confidence in central governments, central banks and centralized fiat money are at the lowest level they have been in decades. He noted:“I’m confident.
BLOCKCHAIN

Why Is the US Not Yet a Leader in Crypto Regulation? — Experts Answer

[ad_1] Regulatory frameworks for Bitcoin (BTC) and other cryptocurrencies have developed differently around the globe, ranging from outright bans to so-called “crypto-friendly” legislation. Despite being an economic leader, many within the crypto industry argue that the United States in particular has not yet gained a leading position among governments actively working to regulate this new technology. We asked the U.S. Chamber of Commerce’s Julie Stitzel, the Commodity Future and Trading Commission’s
EXCHANGES

Tax Expert: IRS Letters Confirm That Trading Cryptos Is a Taxable Event

[ad_1] The U.S. Internal Revenue Service (IRS) announced on July 26 that 10,000 American cryptocurrency users will receive a letter reminding them to pay taxes or amend any mistakes on past filings. At the time, IRS Commissioner Charles Rettig said U.S. taxpayers should take the warning letters “very seriously.” Sean Ryan, CTO of Node40, a platform that helps people calculate digital currency-based taxes, believes all three letters make it clear
Business

Government Will Not Recognize Crypto-Related Trade

[ad_1] The Iranian government has instituted a new law that does not accept crypto as legal tender or recognize domestic transactions carried out with cryptocurrencies.On Aug. 4, the Cabinet of Iran ratified and released a new bill saying that the government will not recognize any domestic trading activity involving cryptos, Iranian news agency PressTV reports today. Per the report, the new bill says that the government and the banking system will
EXCHANGES

Bitcoin SV Blockchain Temporarily Split Into Three

[ad_1] Bitcoin SV experienced a serious network split on Saturday after a massive 210 MB block was mined on the network, temporarily splitting the network into three different chains. Big Block Blues On July 24th, the BSV network underwent a scheduled network upgrade with the intent to raise the blocksize from 128 MB to 2 GB. A whopping 19% failed to follow last months upgrade, while another 17% had their
ALTCOIN

Facebook’s Libra Confession, US Urged to Lead Way on Crypto

[ad_1] Top Stories This WeekFacebook warns investors that the Libra stablecoin may never launchThe Libra storyline is fast becoming a never-ending soap opera — and we might be reaching the season finale. Facebook used its latest quarterly report to warn investors that its controversial cryptocurrency may never launch at all. The admission at least shows that the social network is taking the concerns of regulators and policymakers to heart. Although
BLOCKCHAIN

Bangladesh to Use IT Fund to Bankroll Blockchain Education for Graduates

[ad_1] The Bangladesh government will use money from its $208 million IT project fund to send graduates for blockchain training in Japan and India.Bangladesh authorities plan to send 100 new IT graduates abroad to boost expertise in the fields of distributed ledger technology, artificial intelligence, machine learning and cyber security, Bangladesh’s English-language newspaper The Daily Star reports Aug. 4.As a part of the initiative, the government will also send 200