Gemini will soon facilitate block trading of digital assets. The service, which connects buyers and sellers of large quantities of digital assets, will operate separately from Gemini’s existing order books.
Coinbase Hires Facebook, Twitter Vet As Communications VP
The cryptocurrency exchange’s hiring spree continues with the naming of a new vice president of communications.
<h1>Plaza Hotel Sale Left In Doubt After Crypto Ploy Fails To Gain Traction</h1>
After making global headlines, a once-promising tokenization use case proposed by international investors seeking to purchase New York’s Plaza Hotel has stalled.
<h1>Cryptocurrency Subject To Income, Capital Gains Taxes In South Africa</h1>
SARS recently clarified that, for now, it will not be creating new tax rules for cryptocurrencies. Gains and losses will need to be reported as assets under existing laws.
500 Startups Backs $500k Seed Round for Stablecoin Project
Blockchain startup Stably has garnered $500,000 in seed funding to launch its stablecoin.
$125 Million Raised in Basecoin SAFT Sale, SEC Filing Shows
Basecoin developer Intangible Labs raised $125 million in a SAFT sale, SEC filings show.
<h1>NJ Bill Would Prohibit Certain Uses Of Customer Funds By Cryptocurrency Firms</h1>
A proposed law in New Jersey would make it illegal for firms holding cryptocurrency on the behalf of clients to lend out tokens in its custody.
<h1>Cryptocurrency Exchange Urdubit Shuts Down After Announcement From Pakistani Central Bank</h1>
On Friday, the State Bank of Pakistan prohibited regulated entities from facilitating cryptocurrency-related transactions. Within hours, Urdubit announced its closure.
Police Officers Charged in $1.3 Million Bitcoin Extortion Scheme
Ten Indian police officials have been charged with kidnapping and attempted extortion after allegedly forcing a victim to transfer 200 bitcoins.
Chile Is Using Ethereum’s Blockchain to Track Energy Data
The new energy minister has announced a project to commit a number of data sets to the public ledger, where they will be much harder to hack.
Samoa’s Central Bank Investigates OneCoin Investment Scheme
The Central Bank of Samoa is investigating the OneCoin crypto investment scheme and has issued a warning about the business to investors.
Overstock’s tZero Unveils Token Trading Platform Prototype
Overstock announced its prototype trading platform on Monday, saying the full product would launch in May.
Salesforce Working on Blockchain Product, Says CEO Benioff
Salesforce is working on a product based on blockchain and cryptocurrency, the cloud computing company’s CEO has revealed.
Relief Rally Ahead? Oversold Ether Eyes Gains Against Bitcoin
With a relief rally in the offing, ether could outperform bitcoin in the short-run, according to ETH/BTC technical charts.
Blockchain Startup Symbiont Teams with Wall Street Legend Ranieri
The firm founded by the “father” of mortgage-backed securities has partnered with blockchain startup Symbiont to shake up the mortgage industry.
Dear Students, Everything In Bitcoin’s Way Is Your $1 Billion Opportunity
Blockchain luminaries descended on the University of Pennsylvania’s business school in what seemed like a recruiting session for the crypto-ecosystem.
$1 Billion Blockchain Fund Launches with Chinese Government Backing
China now has a new blockchain fund with $1.6 billion available – 30 percent of that backed by the Hangzhou city government.
Normal Tax Rules Apply to Crypto Income, Says South Africa
The South African Revenue Service has clarified its stance on the treatment of cryptocurrency tax, saying current rules suffice.
Singapore Plans Blockchain Push to Boost ASEAN Financial Inclusion
The Singapore government is looking to boost blockchain development in an effort to improve financial inclusion across Southeast Asian countries.
Bitcoin Teases Bullish Reversal with Rise Above $7K
Bitcoin is on the rise, but only a move above $7,510 would confirm a bullish trend reversal