Crypto communities and the United States Internal Revenue Service haven’t exactly had a love fest over the last five years. It started in 2014, when the IRS said crypto was property, and it hasn’t got much better since. In addition to sending those 10,000 “beware”...
Month: March 2020
Crypto Conference Defies COVID-19 Lockdown by Hosting in Virtual Realm
The COVID-19 crisis may have put a stop to millions of sports events, work conferences and meet-ups across the world, but it has not halted those in the cryptocurrency space. The Coinfest Conference, which runs until April 4, has found a way to defy the...
Bitcoin Follows Stock Markets Higher; How Long Will They Move in Lockstep? – CoinDesk
After the weekend slump, many cryptocurrencies made strong gains Monday, as did major stock indexes, while the coronavirus continues to wreak havoc on the global economy. Traders weren’t confident the green flashing across all markets would last, however. Bitcoin (BTC) climbed 8 percent and ether...
How COVID-19 is Changing Narratives from Bitcoin to DeFi – CoinDesk
How the once-in-a-generation COVID-19 pandemic is shifting the way we think and talk about different parts of the crypto industry – from bitcoin (BTC) to DeFi to stablecoins. On Jan. 28, Bloomberg’s Joe Weisenthal tweeted, “Notable overlap on here between the most alarmist people tweeting...
How Bitcoin’s Price Slump Is Changing the Geography of Mining – CoinDesk
Although China remains, by far, the leading region for bitcoin mining, the coronavirus downturn is changing the picture in other geographies. According to Thomas Heller, business director of one of the world’s largest bitcoin mining operations, F2Pool, market dips have made it unprofitable for some...
Central Banks Are Well Placed to Pay Universal Basic Income – CoinDesk
Frances Coppola, a CoinDesk columnist, is a freelance writer and speaker on banking, finance and economics. Her book “The Case for People’s Quantitative Easing” explains how modern money creation and quantitative easing work, and advocates “helicopter money” to help economies out of recession. With the...
French Central Bank Puts Out Call for Digital Currency Experiments – CoinDesk
France’s central bank wants to experiment with integrating digital currencies. France’s central bank wants to experiment with integrating digital currencies. On March 27, the Banque de France published a request for proposals for central bank digital currency “experiment” applications. These projects will help France’s central...
Bitcoin News Roundup for March 30, 2020
Bitcoin is back and Breitling puts watches on the blockchain. It’s CoinDesk’s Markets Daily.
German Startup Pitches Decentralized ID for Prescription Pickup During COVID-19 – CoinDesk
Berlin-based blockchain startup Spherity has developed a decentralized identity prototype that would help people get the medicines they need while maintaining proper social distance. “We see a big opportunity when it comes to social distancing to get decentralized ID out the door,” said Spherity CEO...
Crypto Derivatives Platform Gets Nod From London Stock Exchange’s Software Tester – CoinDesk
A crypto derivatives exchange has received a clean bill of health from the same software tester that vets the trading and settlement systems used by the London Stock Exchange (LSE). ZUBR, which only opened for trading in early March, said its trading software had been...