A new filing in the Internal Revenue Service (IRS) case against the Coinbase cryptocurrency exchange has emerged. The filing indicates the U.S. Northern District Court of California has granted a motion on behalf of a fourth anonymous customer to challenge an IRS request for records.
Borsa Italiana, owned by the London Stock Exchange Group (LSEG), has teamed with IBM to create a blockchain platform designed for digitally issuing shares of small and medium-sized Italian businesses. The project is currently undergoing an initial test phase with a small group of partners and clients.
Privacy-focused cryptocurrency Dash has officially been accepted by Apple as an approved cryptocurrency on the iTunes app store. The app store approval comes almost a year after Apple denied Dash Wallet entry in its app store, in August, 2016.
“As Dash continues to expand our user base and ecosystem of services,
Medici Ventures, the blockchain branch of retail giant Overstock, has announced the completion of a strategic investment in blockchain startup Symbiont.
Founded in 2015, Symbiont is a blockchain technology company based in New York City that is developing products in smart contracts and distributed ledgers for use in capital markets.
The Japan Cryptocurrency Business Association (JCBA) said 13 bitcoin exchanges that are members of the association will stop accepting deposits and withdrawals on August 1. The move comes to curb anticipated volatility during the SegWit2x activations.
“The occurrence of forking affects the transmission and receipt of bitcoins by all bitcoin users,
ArabianChain, developer of the Middle East’s first public blockchain, has raised AED 3 million ($817,000 USD) in its latest funding round. The funds came from Arabian Bugshan board member and House of Invention Intl vice president Ahmad Abdullah Bugshan.
Founded in UAE and with operations in Saudi Arabia and Kuwait,
The invest.com Group will be launching an ethereum-based events prediction platform called Stox. According to the company, the platform will use the Bancor Protocol, a smart contract-based token conversion protocol which allows anyone to design new tokens using smart contracts.
The bitcoin resurgence continued today, bolstered by news that 43 percent of miners have already activated the SegWit2x block enhancements.
The renewed single-coin price momentum saw bitcoin sitting at the $2,300 level at mid-day, up nearly 10 percent from Monday and a steep climb from the $1,700 bottom-feeder level of the weekend.
In a series of Tweets, eccentric software security entrepreneur John McAfee has indicated bitcoin’s single-coin price will hit $500,000 in three years. If it does not, he promised to perform a vulgar act of self-abasement on national television.
McAfee later hedged that he was talking about the forked version of bitcoin that may emerge if the upcoming SegWit2x block updates result in a split into two camps.