The world of finance is growing more and more automated, with major payments provider Mastercard and R3, a growing blockchain development company having made a joint announcement about their partnership through a press release on the 11th of September. They hope to put their forces together and create a pilot program that will improve connections for…

For over a year many crypto advocates have assumed that Bakkt would represent a major turning point in the crypto revolution, bridging the divide between blockchain assets and the traditional financial space. It has thus been surprising that the launch of the regulated futures exchange proved to be underwhelming, with only USD $600,000 in Bitcoin…

Libra continues to meet resistance as European states are lining up to pronounce it dead on arrival. Leaders in both France and Germany have now announced that Facebook’s proposed digital currency will not be permitted in their countries. These moves come as the European Union and China have announced plans to release their own digital…

Recent events have proven that the crypto industry is maturing. The digital market has been rocked by a myriad of scams in the past. According to Ciphertrace, a cryptocurrency intelligence firm, crypto scams and theft could amount to $4.3 billion in 2019. Despite these scams and thefts, the crypto industry is maturing due to a…

Edit: We reached out to bitHolla, and they explained that their HEX system still requires custom onboarding, configuration, and cooperation. They expect to have a DIY version of the exchange kit by next month, which is going to be a full client with open source code. bitHolla, a South Korean company released an "open" exchange kit…

When Bitcoin broke USD $10,000 on June 24 analysts were quick to declare the Cryptocurrency Winter over. When it broke $14,000 days later, most were claiming that a new bull market had begun. Since that point, however, the Bitcoin price has slowly slid down. There is no single reason for this decline, as many factors…

With so many industries due to be transformed by decentralized ledger technology, it is little wonder that many institutions are seeking guidance as they begin to enter and navigate the blockchain space. The response has been a rapid move by major consulting firms to provide necessary expertise. These companies have long played a role in…

The Internal Revenue Service (IRS) has sent communication to several market participants discussing backdated tax settlements in the digital asset trade. The IRS posted on its website that investors' federal returns differ from the information provided by cryptocurrency exchanges. As such, the agency is seeking traders' contribution on amended tax returns using profits from digital…

Ted Budd, the representative of North Carolina's (NC) 13th congressional district has submitted a tax proposal to the United States House of Representatives. This bill focuses on enhancing how the Internal Revenue Service (IRS) handles cryptocurrencies in order to eliminate the profits and losses surrounding like-kind exchanges. No More Double Taxation Budd seeks to revise the 1986…

The Iota Foundation’s push to move their platform into the mainstream is clearly making progress, as partnerships with major institutions continue to grow. Perhaps the most notable is with Jaguar Land Rover. Earlier this year the automaker announced that it would be incorporating Iota technology into its future vehicles. Now it has released more details…