Category Archives: News

News

Canada Revenue Agency Audits QuadrigaCX’s Corporate Tax Returns

The Canada Revenue Agency (CRA), the country’s tax authority, is auditing the corporate tax returns filed by QuadrigaCX, the now-defunct Canadian cryptocurrency exchange.  CRA’s request for documents and information is significant According to an article by the Globe and Mail on Sept. 16, QuadrigaCX is now being audited by the CRA which has […]

Harbor Tokenizes $100 Million in Real Estate Funds on Ethereum Blockchain

The startup Harbor announced a partnership with Seattle-based real estate investment firm iCap Equity to tokenize $100 million in real estate funds. On Sept. 16, Harbor announced in a blog post that iCap Equity is using Harbor’s blockchain-enabled platform to improve its liquidity in four of its real estate funds which manages over $100 […]

BIS Economist Proposes DLT-Based Financial Market Monitoring

An economist of the Bank for International Settlements (BIS) has proposed new ways of supervising financial risks through distributed ledger technology (DLT). In a recently released working paper, economist Raphael Auer made the case for so-called embedded supervision, which would automatically monitor tokenized markets. This would purportedly eliminate the need for the collection, verification […]

New Linux Malware Mines Crypto While Remaining Undetectable

Two threat analysts recently stumbled upon new Linux malware that keeps its cryptocurrency mining operations hidden. On Sept. 16, Augusto Remillano II and Jakub Urbanec revealed in a post on Trend Micro, a security intelligence blog, that they found new Linux malware. According to the analysts, this malware is particularly notable because of the […]

HTC Smartphone Adds Built-in Wallet for Bitcoin Cash

Bitcoin.com announced a partnership with Taiwanese telecommunications manufacturer HTC to support Bitcoin Cash (BCH) on its flagship smartphones. In a press release on Sept. 16, Bitcoin.com announced that it and HTC would begin a long-term partnership wherein the HTC Exodus 1 will provide built-in wallet support for Bitcoin Cash. Bitcoin.com states that the […]

Bug on Kraken Let Users Buy Bitcoin $2K Cheaper and Sell $2K Higher

Some Kraken clients were buying Bitcoin (BTC) for $2,000 cheaper than the market price and selling it for nearly $12,000 on Sept. 13. On Friday, United States-based crypto exchange Kraken experienced a bug that allowed some users to buy or sell Bitcoin at a notably different price from Bitcoin’s actual market price due to […]

Price Analysis 16/09: BTC, ETH, XRP, BCH, LTC, BNB, EOS, BSV, XMR, ADA

Many central banks across the world are racing against each other to devalue their currencies. Crypto fund executive Travis Kling believes that Bitcoin (BTC) is a great hedge against irresponsible monetary and fiscal policies of central banks and governments. Tim Draper has said that his target price of $250,000 for Bitcoin is conservative because […]

Report: NBA Player Spencer Dinwiddie to Tokenize $34M Contract

Spencer Dinwiddie of the Brooklyn Nets professional basketball team is reportedly planning to tokenize his $34 million NBA contract extension. Following a three-year $34 million NBA contract extension, Dinwiddie is reportedly going to sell digital tokens tied to the contract, wherein investors in the offering would receive principal and interest, Fox Business reported on […]

ECB Official: Stablecoins Pose Risks to Public Policy Priorities

A board member of the European Central Bank (ECB) has argued that stablecoins like Facebook’s long-awaited Libra coin pose risks to public policy priorities. ECB board member Benoit Coeure delivered his comments on stablecoins’ regulatory issues at a meeting at the Bank of International Settlements (BIS) in Basel, Switzerland, Reuters reported on Sept. 16. […]

Cryptocurrency Payments Processor BitPay Adds Support for Ether

Major cryptocurrency payment services provider BitPay has added support for the second-largest cryptocurrency by market capitalization, Ether (ETH). Per a press release published on Sept. 16, companies that use BitPay for payment processing are now able to accept Ether for purchases without having to set up any enhancements. BitPay has also made it possible […]