Having rallied more than 50 percent this month, bitcoin is today witnessing pullback.
Amazon has entered the emerging Blockchain-as-a-Service (BaaS) sector with its blockchain templates for Ethereum and Hyperledger Fabric for Amazon Web Services (AWS). This follows suit of tech giants IBM and Oracle who have launched their own Hyperledger blockchain services.
As financial institutions’ interest in trading cryptocurrencies explodes, Andreessen Horowitz is leading a group of influential venture capitalists to protect cryptocurrencies from being classified as securities. Moreover, Horowitz is accelerating the launch of a dedicated crypto asset fund. The Venture Capital Working Group Is Fighting For Cryptocurrencies An increasing number of finance firms are considering joining the crypto bandwagon to start trading Bitcoin and other cryptocurrencies within the next few months. Specifically, a Thompson Reuters
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Canadian government-backed Blockchain Research Institute announced the addition of 12 new members today, including cloud computing company Salesforce.
Parity is set on implementing their new proposal to recover frozen funds, and ethereum devs are worried there’s nothing to stop a blockchain split.
The sharpest rise in Bitcoin Cash the past week coincided with the announcement on Twitter by one of the currency’s miners, Bitmain’s Antpool, that it was burning 12 percent of the coins it earned through mining.
The Russian government has demanded lawmakers make several alterations to the country’s forthcoming cryptocurrency regulation before it becomes law in July. Tax, Foreign Investment In Spotlight A summary of comments made after the first reading of bill 419059-7, ‘On Digital Financial Assets,’ shows the Kremlin eager to enshrine foreign investor access to future Russian token releases, as well as produce clear tax obligations for cryptocurrency holdings from the outset. “Given that tax obligations for digital
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TD Ameritrade used bitcoin’s “memo” area to plant a digital flag on the cryptocurrency’s ledger.
Iceland’s alleged bitcoin mining computer thief Sindri Thor Stefansson, who escaped from prison last week, was arrested in Amsterdam Monday.
Goldman Sachs has had its feelers in the cryptocurrency waters for a while. Now, the Wall Street giant looks set to take the plunge, having just hired a cryptocurrency trader to help the company expand into digital asset markets. High Profile Hire With Bitcoin looking rather bullish once more, Goldman Sachs is getting serious about cryptocurrency. Goldman Sachs has hired former trader Justin Schmidt to head the multinational investment bank’s and financial services company’s digital
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