commission US lawmakers are trying to rid the cryptocurrency community from regulators, with their dubious and vague policies. On December 20, Republican Warren Davidson, a congressman from Ohio, and Democrat Darren Soto of Florida presented to the congress the Token Taxonomy Act. If the bill receives the force of law, then cryptocurrencies will cease to be a phenomenon that the Securities and Exchange Commission (SEC) has the right to regulate. The Token Classification Bill, introduced by Warren Davidson and Darren Soto, defines “ digital token ” and clarifies that securities laws should not apply to cryptocurrents when they are used…
Author: BlockchainJournal
The 42-year-old hacker from the Vladimir region received one year and eight months of imprisonment for mining at the computing facilities of the state integrated telecommunications system. The sentence was made by the Murom City Court. This was reported by the press service of the UFSB for the Vladimir region, writes TACC. He was convicted under the article "Creating, using and distributing malicious computer programs." So far, the sentence has not entered into force. In January 2017, with the help of Trojans, a hacker hacked into a server of state structures for the purpose of mining. According to the press…
Platform for launching security tokens TokenSoft announced the native integration of the broker-dealer TokenSoft Global Markets, which is regulated by the Securities and Exchange Commission, with Coinbase Custody, the leading custodian platform for institutional clients from the US cryptocurrency company Coinbase. I have been going through the integration of the global partnerships to the issuing of the interstitial. Read more: https://t.co/0FbGpPOM6l – TokenSoft Inc. (@TokenSoftInc) December 20, 2018 So, TokenSoft now offers two custodial solutions to issuers of security tokens: digital assets storage based on their own development or Coinbase Custody using blockchain to prevent client and custodian from mixing…
Coinbase, the largest US cryptocurrency company, began providing services to residents of the islands of Guernsey and Maine, Lithuania, Iceland, Andorra and Gibraltar. Adopt a report on the world budget today. Learn more here: https://t.co/A07HxXmqn1 It's Day 11 of 12 Days of Coinbase. pic.twitter.com/n235o22uyn – Coinbase (@coinbase) December 20, 2018 Users in these countries now have access to the Coinbase.com platform and exchange applications for iOS and Android. In the future, the company will provide them with the opportunity to work with the Coinbase Pro and Coinbase Prime sites. “Over the past six years, we have expanded our service area…
When it comes to predicting cryptocurrency prices, opinions differ widely: someone says that Bitcoin will fall to $ 900, others are confident that it will rise to $ 100,000. In the article, we will look at the methods underlying technical analysis and cryptocurrency signals. A signal is a message in which the analyst gives his estimate of the future price. And based on this information, investors can decide whether to open a specific position. This article tells you what types of signals exist, how to understand them, and how to use technical analysis. How signals work in the cryptocurrency market…
The social network Facebook is developing a dollarbing-related steablocoin for users of the popular WhatsApp messenger, Bloomberg reported, citing informed sources. As the newspaper notes, the company plans to launch a service in the Indian market, where WhatsApp has about 200 million active users. In addition, the volume of the money transfer market in the country in 2017 amounted to $ 69 billion, which brought the country to the first place in the world. At the same time, Facebook Inc. also is working on the concept of custodial solutions for currency reserves at the base of steyblecoin, sources say. Recall,…
The general director of Gubakha Energy Company (GES), Andrei Kolesnik, refused to deploy a data center for mining on the basis of the Sarapul heat and power plant in Udmurtia because of its unprofitability and the lack of appropriate regulation of this business in the Russian Federation, Kommersant writes. Aleksey Kolesnik considered the issue of creating a data center in order to modernize the heat node. However, according to him, the economic feasibility of this idea was not confirmed. “Counterparties came to us and offered to organize farms at our facilities, but we refused because this type of activity is…
Members of the US House of Representatives, Warren Davidson and Darren Soto, submitted a bill excluding "digital tokens" from the definition of securities, approved in the 1930s of the last century. Token Taxonomy Act of 2018 by on Scribd The draft law “On the classification of tokens” states that the rules on securities are not applicable in relation to cryptocurrency. The definition of “digital tokens” is also given. The latter are defined in the document as “digital units” that can be created as a result of mining or mining. At the same time, they are governed by rules that cannot…
The blockchain startup ConsenSys can lay off 50-60% of its employees, not 13%, as previously reported . About this writes The Verge . According to the documents at the source’s disposal, ConsenSys is actively reviewing its portfolio of blockchain projects, either reducing its composition or cutting back funding for start-ups. To date, the company has supported approximately 36 different start-ups, with teams of between five and 50 people working in their teams. In general, the state of ConsenSys out of 1,200 people can be reduced by at least 50%. Founded in October 2014, ConsenSys is focused on the development of…
The famous trader Peter Brandt is sure that it is too early to talk about a radical change in trend, and any bitcoin price movement above $ 4,000 is no more than a “dead cat jump”. This writes Yahoo Finance . “I don’t think he [Bitcoin] will go anywhere, maybe $ 4,600,” the 71-year-old trader shares his thoughts. According to him, any movement above $ 4,000 is likely to be short-term and does not mean a cardinal change of trend. Brandt is sure that the “bottom” for Bitcoin could be $ 1200. It will become relevant if deep drawdowns after…