CoinFlash

CoinFlash

Stone Ridge Calls Its $114M in Bitcoin ‘Primary Treasury Reserve Asset’; NYDIG Unit Raises $50M

NYDIG raised the $50 million from FinTech Collective, Bessemer Ventures and Ribbit Capital.

News  ·  13 October 2020
CoinFlash

Bitcoin Miner Marathon Eyes Profitability Boost Through Joint Venture with US Power Provider

The joint venture will see Marathon co-locate a bitcoin mining facility within Beowulf's Big Horn Data Hub at its 105-megawatt power station in Hardin, Montana.

Business  ·  13 October 2020
CoinFlash

Spain Working on Bill to Force Crypto Holders to Disclose Assets, Gains

The planned bill comes as part of broader legislation aimed at cracking down on tax fraud, a government spokesperson said.

Policy & regulation  ·  13 October 2020
CoinFlash

Coronavirus: IBM Launching Blockchain ‘Health Pass’ to Support Return to Public Spaces

IBM Watson Health says the digital pass would help individuals safely return to shared physical spaces like work, school, flights or stadiums.

Tech  ·  13 October 2020
CoinFlash

Nearly 2 Million Sign Up for China’s Digital Yuan ‘Lottery’

Around 50,000 digital "red envelopes," reminiscent of the traditional gifts doled out in China for special occasions and each containing 200 digital yuan ($29.60), were handed out Monday.

Policy & regulation  ·  13 October 2020
CoinFlash

Canadian Pacific Railway Seeks Logistics Boost From Blockchain Tech

Canadian Pacific – in operation since 1881 – has joined blockchain-based logistics platform TradeLens.

News  ·  13 October 2020
CoinFlash

Chris Giancarlo’s Digital Dollar Project Proposes US CBDC Pilots

The proposal games out CBDC scenarios for fundamentally different potential digital currency end users.

Policy & regulation  ·  12 October 2020
CoinFlash

Numerai Hedge Fund Offers $50M in NMR Tokens for Fresh Stock Market ‘Signals’

Numerai said its new signals monetization system will take any data set, from any source.

News  ·  12 October 2020
CoinFlash

OECD Preparing Crypto Tax Reporting Framework for World’s Largest Economies

The tax framework may address questions surrounding wallet providers and income not derived from crypto sales.

News  ·  12 October 2020
CoinFlash

Bitcoin and Ether Rally After Grayscale’s ETH Trust Becomes SEC-Reporting

Bitcoin advanced to fresh two-month highs on Monday while ether clocked three-week highs after Grayscale reported that its Ethereum Trust has become an SEC-reporting company.

Markets  ·  12 October 2020
CoinFlash

DeFi Project Aave Raises $25M From Blockchain.com and Other Investors

Blockchain Capital, Standard Crypto, and Blockchain.com Ventures all joined the investment for the third largest DeFi protocol.

Business  ·  12 October 2020
CoinFlash

BOJ’s Kuroda Says Central Bank Will Start CBDC Experiments in Spring: Report

Bank of Japan Governor Haruhiko Kuroda said Monday that the central bank will begin experiments on a digital yen in the spring.

Policy & regulation  ·  12 October 2020
CoinFlash

China Should Accelerate Rollout of Digital Yuan, Says Central Bank Official

Chen Yulu, deputy governor of the People's Bank of China, said over the weekend the digital yuan project should be accelerated as an important part of the nation's financial infrastructure.

Policy & regulation  ·  12 October 2020
CoinFlash

Central Banks Haven’t Made a Good Case for Digital Currencies: WSJ’s Heard on the Street

Central banks are rushing into digital currencies without considering how the risks might outweigh any benefits, the column argues.

Policy & regulation  ·  12 October 2020
Japan

Spate of Bitcoin Extortion Bomb Threats Hits Government, Schools in Japan

The extortionists demand a payment in bitcoin to avoid the detonation of an explosive device, per a report.

Policy & regulation  ·  12 October 2020