Reports

Notable Dark Web Marketplace Bans All COVID-19 Vaccine Sale 

Source Node: https://insidebitcoins.com/news/notable-dark-web-marketplace-bans-all-covid-19-vaccine-sale/256697
Time Stamp: April 6, 2020 3:36 PM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

In a rare move that has perhaps never been seen before, a marketplace on the dark web has banned the sale of a self-proclaimed vaccine for the coronavirus pandemic. According to a tweet from noted tech author Eileen Ormsby, Monopoly Market, a popular platform on the dark web, has banned the sale of purported vaccines for the coronavirus for Bitcoin.Darknet market Monopoly has taken a more responsible approach to touting #COVID19 "cures" on their #darkweb site pic.twitter.com/uWFLx75deQ— Eileen Ormsby (@EileenOrmsby) April 1, 2020Honor Among Criminals As the tweet showed, the market’s administrator pointed

FATF Grades U.S. Government on Crypto Regulation Enforcement 

Source Node: https://insidebitcoins.com/news/fatf-grades-u-s-government-on-crypto-regulation-enforcement/256607
Time Stamp: April 5, 2020 12:32 PM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

The Financial Action Task Force, one of the most prominent Anti-Money Laundering (AML) enforcers in the world, has called out the United States government for being lax on policy enforcement. On March 31, the body published a report in which it explained that the United States is only “largely compliant” with its AML and Counter-Terrorist Financing (CTF) regulations – especially when it comes to the issue of virtual currencies. Higher Awareness is Good, but Loophole Still Exist In the report, the FATF outlined the United States’ degree of compliance with the recommendations it issued last

Top 5 Cryptos Other Than Bitcoin This Week (Mar 29): XMR, BNB, HT, CRO, BSV

Source Node: https://cointelegraph.com/news/top-5-cryptos-other-than-bitcoin-this-week-mar-29-xmr-bnb-ht-cro-bsv
Time Stamp: April 5, 2020 12:27 PM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

Consumer attitudes are changing towards banknotes and credit cards as reports suggest that the deadly coronavirus can spread by their use. The Bank of International Settlements (BIS) has, therefore, urged the central banks to consider developing central bank digital currencies (CBDCs). BIS believes that under the current circumstance, CBDCs will quickly gain prominence. However, it has warned that this move could have a “severe impact on unbanked and older consumers.”  Chamath Palihapitiya, the billionaire CEO of venture capital firm Social Capital, believes that the setting is right for Bitcoin (BTC) to

Top 5 Cryptos Not Named Bitcoin This Week (Mar 29): XMR, BNB, HT, CRO, BSV

Source Node: https://cointelegraph.com/news/top-5-cryptos-other-than-bitcoin-this-week-mar-29-xmr-bnb-ht-cro-bsv
Time Stamp: April 5, 2020 12:24 PM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

Consumer attitudes are changing towards banknotes and credit cards as reports suggest that the deadly coronavirus can spread by their use. The Bank of International Settlements (BIS) has, therefore, urged the central banks to consider developing central bank digital currencies (CBDCs). BIS believes that under the current circumstance, CBDCs will quickly gain prominence. However, it has warned that this move could have a “severe impact on unbanked and older consumers.”  Chamath Palihapitiya, the billionaire CEO of venture capital firm Social Capital, believes that the setting is right for Bitcoin (BTC) to

Crypto Community Largely Approves of Binance Acquiring CoinMarketCap

Source Node: https://cointelegraph.com/news/crypto-community-largely-approves-of-binance-acquiring-coinmarketcap
Time Stamp: April 4, 2020 1:31 PM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

Despite markets all over the world facing ever-worsening economic troubles amid the ongoing coronavirus pandemic, it seems as though the crypto industry has been able to weather the storm, at least thus far. In this regard, Binance — the world’s largest cryptocurrency exchange — has recently reached an agreement to acquire CoinMarketCap, one of the most prominent crypto data websites.The official announcement was made by both companies on April 2, with Binance CEO Changpeng Zhao telling Cointelegraph that CMC and Binance have from the very start been working to make

Bitcoin Posts Laudable Performance Over the Quarter 

Source Node: https://insidebitcoins.com/news/bitcoin-posts-laudable-performance-over-the-quarter/256530
Time Stamp: April 3, 2020 8:54 PM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

The first quarter of 2020 was a bit of a mixed bag for cryptocurrencies. As expected, no other asset can demonstrate this better than Bitcoin. While the top digital asset led a market rally into the year and started 2020 gaining as much as 13 percent in its value, the coronavirus hit, and the market soon experienced a massive slump – with record drops witnessed on multiple fronts. Accounts Surged, but Transactions Stalled However, the market has corrected, and things appear to be on the uptrend once more. Bitcoin crossed the $7,200 mark

Staked Token Supply Doesn’t Correlate with Price, Says Messari Analyst

Source Node: https://cointelegraph.com/news/staked-token-supply-doesnt-correlate-with-price-says-messari-analyst
Time Stamp: April 3, 2020 3:31 AM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

As cryptocurrency markets are highly volatile, crypto players can’t stop arguing about what really impacts the price of certain coins and what does not.Some crypto pundits believe a larger amount of tokens staked in Proof-of-Stake (PoS) blockchains could push the price upwards by reducing the circulating supply, making the remaining tokens more valuable. But blockchain and crypto analytics firm Messari has crunched the numbers and reports that there is little correlation between the two.Announcements correlate with price thoughIn an April 1 blog post, Wilson Withiam, a researcher at the Messari

Crypto Friendly Laws Help Boerse Stuttgart’s App Top 100,000 Users

Source Node: https://cointelegraph.com/news/crypto-friendly-laws-help-boerse-stuttgarts-app-top-100-000-users
Time Stamp: April 2, 2020 10:27 PM - Modified On: August 29, 2021 - Published By:
Source Cluster:
Republished By Plato

The cryptocurrency trading app of Germany’s second-largest stock exchange, Boerse Stuttgart, exceeded 100,000 users on March 30 amid increasingly permissive regulations in the country.The Bison app, which launched on Jan. 31st, 2019, has attracted a six-figure user base in just 14 months.Bison users grow 40% during Q1 2020Ulli Spankowski, the chief executive of Boerse Stuttgart Digital Ventures subsidiary and developer of the Bison app, Sowa Lab GmbH, notes that the milestone has been reached amid a 40% growth in users since the start of 2020. Boerse Stuttgart’s app supports Bitcoin (BTC),

Bitcoin and Visa Transactions Plunge But Pizza Deliveries Are Up

Source Node: https://cointelegraph.com/news/bitcoin-and-visa-transactions-plunge-but-pizza-deliveries-are-up
Time Stamp: April 1, 2020 3:22 AM - Modified On: August 29, 2021 - Published By:
Source Cluster:
Republished By Plato

Online purchases using Bitcoin (BTC), Visa, and some retail apps are down for the first quarter of 2020, spanning cryptocurrency and fiat currency transactions.With many around the world self-quarantining or otherwise recommended to stay inside to prevent the spread of COVID-19, one might assume there would be an increase in online purchases and deliveries. Yet with unemployment on the rise and an uncertain economic future, it seems consumers want to save their money rather than spend it.Bitcoin transactions rivaling those during crypto winterThe crypto market is not exempt from this