Cryptocurrency-related crime fell significantly in 2020, according to the data from Chainalysis. In 2019, criminal activity represented 2.1% of all cryptocurrency transaction volume or roughly $21.4 billion worth of transfers. In 2020, the criminal share of all cryptocurrency activity fell to just 0.34% or $10.0 billion in transaction volume. According...
As the pandemic continues and the world becomes more digital, traditional sports betting faces lots of challenges. The covid-19-related restrictions had a bad impact on the physical sports industry. Most of the planned sports tournaments and major events have been canceled on delay and therefore, the number of people taking...
As the world becomes more globalized today, the popularity of cryptocurrencies rises daily because itâs the best way for people in one country to do business with people in another. Years ago it was necessary to use third party websites to transact money because most of the financial companies blocked...
ÂA recurring complaint from cryptocurrency participants is the idea of applying a 72-year-old securities law to digital currencies. The U.S. Securities and Exchange Commission uses whatâs known as the âHowey Test,â a test created by the Supreme Court in 1946 for determining whether certain transactions qualify as âinvestment contracts. Under...
According to data from ETH Block explorer âEtherscanâ, on 15th Dec 2018, the number of unique Ethereum wallet addresses crossed 50 million. Despite the trouble market conditions, Ethereum saw a steady growth trend this year. Â The main reason for this growth could be credited to the increasing number of...
In ensuring the integrity and reputation of Switzerland as a financial center, the county plans to better position the country by exploiting the opportunities offered by digitalization. The Swiss government has always favored creating the best possible, sustainable operating environment for fin-tech and innovative companies. Seeing the far-reaching potential of...
Stable coin project Basis is closing down and returning all capital raised to investors Basis, a cryptocurrency stable coin project is shutting down and returning the funds to its investors because of regulatory concerns. The project was being developed by U.S. based company Intangible Labs, aiming to create a new...
The dash movement is spreading and growing fast in Venezuela. First, it was food trucks and small family businesses that started to adopt dash for payments, now Dash is attracting more established businesses. KFC in Venezuela starting next week will begin accepting Dash payments. The restaurant that will be rolling...
Ohio set to become the first U.S. state to accept bitcoin for tax bills, a show of support for a technology Starting this week, businesses in the Ohio state will be able to pay taxes on a variety of sales, as well as employee withholding and public utility taxes with...
Worldâs first crypto Exchange Traded Product (ETP) is to start trading next week on Europeâs fourth-biggest exchange, SIX Swiss Exchange, with a market capitalization of $1.6 trillion. A crypto startup, Amun AG, has been given the green-light to list an index fund on a traditional stock exchange. Hany Rashwan, co-founder...
