Latest Cryptocurrency News

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Bitmain Sponsors NBA's Houston Rockets
Cryptocurrency News

Bitmain Sponsors NBA’s Houston Rockets

Bitmain, the world’s leading manufacturer of cryptocurrency mining equipment is entering a new business venture. The crypto giant has struck a sponsorship deal with Houston Rockets, the US basketball team. AntPool is Bitmain’s Bitcoin mining company. It has struck a major sponsorship deal with Houston Rockets for an undisclosed amount …

US Lawmakers Urges IRS to Provide Clarity for Crypto Taxation | Coindelite News
Cryptocurrency News

US Lawmakers Urges IRS to Provide Clarity for Crypto Taxation

A group of U.S. lawmakers has requested the country’s Internal Revenue Services (IRS) to issue comprehensive guidance for taxpayers earning gains on digital currency investments or transaction. In an open letter sent to acting IRS commissioner Mr. David Kautter delegates David Schweikert, Kevin Brady, Darin LaHood, Brad Wenstrup and Lynn Jenkins writes …

The U.S. PNC Bank Adopts Ripple's xCurrent | Coindelite News
Ripple News

The U.S. PNC Bank Adopts Ripple’s xCurrent

The San Francisco based technology company Ripple has partnered with the American banking giant PNC (PNC Financial Services Group, Inc). The PNC bank has joined the list of the growing number of financial institutions which uses Ripple’s products. Asheesh Birla, Ripple’s senior vice president, stated that the bank’s Treasury Management …

UK Lawmakers Call For More Regulations on Crypto | Coindelite News
Crypto Regulation

UK Lawmakers Call For More Regulations on Crypto

According to the reports, U.K lawmakers have called for more oversight and regulation on the cryptocurrency industry. The lawmakers have stated that cryptocurrencies don’t have any inherent value. They are very risky for retail investors. The lawmakers think that digital currencies are vulnerable to manipulation. The report also states that …

Crypto Holders Have Doubled In Australia - Survey
Cryptocurrency News

Crypto Holders Have Doubled In Australia – Survey

A recent survey has shown that the number of Australian citizens that have assets in cryptocurrencies has doubled since January. Malta and Switzerland are usually the headliners when it comes to cryptocurrency. This time around, Australia has shown that when it comes to cryptocurrencies, the adaption and growth is fascinating. Various …

Over 50,000 Websites Running Cryptojacking Malware
Crypto Mining

Over 50,000 Websites Running Cryptojacking Malware

The hidden cryptocurrency mining incidents do not seem to come to a stop. Popularly known as cryptojacking, websites employ hidden malicious code to mine cryptocurrencies using the victim’s CPU power. Cryptojacking is a major threat, in fact, it was recently revealed that hackers are moving away from ransomware and focusing …

Crypto Hack

Google Employee Warns People Against Bitcoin Bragging

Mark Risher, Google’s director of product management, account security recently warned cryptocurrency investors about Bitcoin bragging. Investors were warned not to reveal the information about their cryptocurrency holdings online. Investors should be careful Recently, Mark Risher was a part of an interview with CNBC. He warned the crypto traders and …

SBI To Launch Ripple DLT-Based Payments App | Coindelite News
Ripple News

SBI To Launch Ripple DLT-Based Payments App

According to the reports, the Japanese financial company SBI Holdings is launching a payment application. The application will be supporting iOS and Android devices. Ripple’s distributed ledger technology has been used to build the application. SBI has already collaborated with Ripple to use its distributed ledger technology. Takashi Okita, chief …

American Nightlife Association Adapts Cryptocurrencies
Cryptocurrency News

American Nightlife Association Adapts Cryptocurrencies

The American Nightlife Association (ANA) is formed a new partnership. This collaboration has enabled the association to accept payments in digital assets, such as cryptocurrencies. Paytomat is the partner in question, a decentralized payment system which is helping the American Nightlife Association to build a platform which features over 30,000 …

Mexico Enforces Additional Rules on Cryptocurrencies
Cryptocurrency News

Mexico Enforces Additional Rules on Cryptocurrencies

On 10 September 2018, The Mexican authorities have stated that every crypto transaction and financial outlet that offers cryptocurrency services will need a working permit. This work permit will be issued by the Bank of Mexico. The authorities have further clarified that “General provisions on operations related to electronic payment …