Author: Daniel Palmer

Tim Draper Leads Targeted $5M Series A for India Crypto Exchange Unocoin

CoinDesk

Draper Associates is backing the round for the Bangalore-based cryptocurrency exchange, with $3.5 million raised so far. Go to Source Author: Daniel Palmer Recommended Crypto Services, Products and Strategies: The first thing any crypto investor needs is is a reliable and Read More

Australia to Spend $575M on Tech Including Blockchain to Boost Pandemic Recovery

CoinDesk

The investment comes as Australia attempts to make a recovery from the recession brought by the COVID-19 pandemic. Go to Source Author: Daniel Palmer Recommended Crypto Services, Products and Strategies: The first thing any crypto investor needs is is a reliable Read More

JD.com to Build Apps for China’s Digital Yuan Project: Report – CoinDesk

CoinDesk

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies Read More

US Man Charged Over $25M Diamond Ponzi Scheme That Touted a Crypto Token

CoinDesk

A man from Washington, D.C., has been charged with running a diamond investment scam with its own cryptocurrency, Argyle Coin. Go to Source Author: Daniel Palmer Recommended Crypto Services, Products and Strategies: The first thing any crypto investor needs is is Read More

Pornhub Adds Bitcoin and Litecoin Payments for Premium Content – CoinDesk

CoinDesk

Pornhub, the popular adult entertainment site, has added two popular cryptocurrencies as payment options. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial Read More

Deribit Suffers Outage Over ‘Hardware Issues,’ May Miss Thursday’s Options Expiry – CoinDesk

CoinDesk

The most popular cryptocurrency options exchange, Deribit, is suffering a severe service outage. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. Read More

JPMorgan Bank Takes on Coinbase, Gemini as Its First Crypto Exchange Customers – CoinDesk

CoinDesk

While its CEO once called bitcoin a fraud, U.S. banking giant JPMorgan Chase has added its first cryptocurrency exchange customers, CoinDesk has confirmed. Sources told The Wall Street Journal Tuesday that the bank has already signed up two popular regulated Read More

Coinbase Launches Price Oracle Aimed to Reduce Systemic Risk in the DeFi Space – CoinDesk

CoinDesk

With around a billions dollars sitting in decentralized finance (DeFi) apps and protocols, Coinbase has started to provide a data feed for cryptocurrency prices to help keep those funds secure. Available from Thursday, the San Francisco crypto exchange said the Read More

Sweden Calls for Action Over Ukraine Crypto ‘Fraud Factory’ – CoinDesk

CoinDesk

Sweden’s foreign minister has called for Ukraine to act following the exposing of an alleged cryptocurrency fraud operation duping naive investors from the country’s capital. The so-called “fraud factory,” working from two floors of plush offices in Kyiv, was exposed Read More

New Zealand Plans to Drop ‘Unfavorable’ Sales Tax Treatment of Cryptocurrencies – CoinDesk

CoinDesk

New Zealand’s tax authority is considering changes to its treatment of cryptocurrencies that would drop the current and controversial application of goods and services tax (GST). The current regime sees bitcoin and other digital currencies as property, with normal rules Read More

Brazil’s Central Bank to Launch Near-Instant Payments as a Response to Cryptocurrencies – CoinDesk

CoinDesk

A new payments system is coming to Brazil later this year promising almost instant transfers. Called PIX, the project from the country’s central bank will provide 24/7 payments in up to 10 seconds via mobile apps, internet banking and ATMs, Read More