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Cryptocurrency News

Location American Cryptocurrency News for 27 May 2020
1000 Corporate Systems Infected With Monero Mining Malware More than 1000 enterprise computer systems have been infected with a cryptojacking malware that installs a Monero mining application.
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South Korean Crypto Tax 'Coming Next Year for Traders, Miners & ICOs' South Korean ministries have pledged to impose tax on cryptocurrency trading and crypto mining "from next year." Per reports from E Daily and Decenter, the Ministry of Economy and Finance is preparing to make an amendmen...
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Goldman Sachs held an investor call Wednesday to discuss current policies for bitcoin, gold and inflation. The stalwart investment bank is still no fan of bitcoin or other cryptocurrencies.
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Central Bank Digital Currencies Are Not a Replacement for Bitcoin: Grayscale Leading Bitcoin fund manager Grayscale Investments explains in its recent report that viewing CBDC as a Bitcoin replacement is incorrect.
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Prominent researcher Elizabeth Renieris said ID2020 was moving too fast to adopt unproven technology, including distributed ledgers, for immunity passes.
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Traders were feeling good about bitcoin's upward trend and pushed it over $9,100 Wednesday.
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Bitfinex is Constantly Printing More Tether, None Of It Has Ever Been Burned A report indicates that no Ethereum-based Tethers have ever been burned, though new ones are constantly being printed.
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Bitcoin May Be the Solution to Africa's Broken Financial System According to a recent report, Africa's lack of traditional financial infrastructure makes the region fertile ground for cryptocurrency adoption.
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South Korea is Exploring New Crypto Tax Laws

Coin Telegraph - 27 May 2020 22:30
South Korea is Exploring New Crypto Tax Laws The government of South Korean is preparing to legislate crypto taxes by proposing a new amendment to the existing law.
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38 Questions for Quantum's Mati Greenspan

Coin Desk - 27 May 2020 21:54
CoinDesk Confessionals explores the inner psyche of blockchain's leading professionals. Crypto analyst Mati Greenspan discusses missing Y2K and his biggest anti-hero.
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Do Zero-Reserve Loans Make Tether Better Off Backed by Bitfinex Stock? With the Federal Reserve now allowing US banks to issue loans with zero reserve, is Tether better off backed by Bitfinex shares than dollars backed by nothing?
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Here's What People Bought With Their Bitcoin Profits Cars, pinball machines, virtual private networks (VPN), more cars - these are some of the things people have recently purchased with their bitcoin (BTC) profits. Some BTC owners are hodlers, some are traders, but all wis...
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The "Rational Optimist" author gives his take on the economic history and possible futures of prosperity's most important driver: innovation
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BitMEX Rejects Bold Lawsuit Claims as 'Clearly Rehashed' Internet Bunk Bitcoin price manipulation, money laundering and racketeering are just some of the complaints against BitMEX, but is there any merit to them?
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If stablecoins are used for apparently illegal activity, should issuers step in to stop it? So far, they've been reluctant to do so, says our columnist.
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Bitwage and Gemini Partner to Launch Bitcoin-Based Retirement Plan for Employees Cryptocurrency payroll service Bitwage has announced the launch of a Bitcoin 401 (k) plan, allowing companies to give their employees a BTC-based retirement plan. In a press statement, Bitwage, which claims to have teste...
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Polkadot launched the blockchain of blockchains while an IMF official said CBDCs could spur financial innovation.
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Roger Ver Wants to Buy Bitcoin.org

Coin Telegraph - 27 May 2020 18:39
Roger Ver Wants to Buy Bitcoin.org As the site's current owner prepares to depart, Roger Ver shares his interest in buying the Bitcoin.org domain.
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After facing a heavy load of transactions earlier this month, bitcoin's network has returned to a more normal level, recent developments suggest.
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Bitcoin News Roundup for May 27, 2020

Coin Desk - 27 May 2020 18:00
While the yuan weakens against the U.S. dollar, Coinbase makes an acquisition to grow its institutional trading infrastructure. It's another episode of CoinDesk's the Markets Daily podcast.
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After BTC Visits $8.6K, Crypto Traders Predict Bitcoin Price's Next Stop The price of Bitcoin dropped to $8,600 and is now fluctuating just above $9,000, showing high volatility as several factors make its next step unclear.
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Goldman Sachs Butts Heads With Bloomberg Over Bitcoin

Coin Telegraph - 27 May 2020 17:19
Goldman Sachs Butts Heads With Bloomberg Over Bitcoin Goldman Sachs starkly disagrees with Mike Bloomberg on cryptocurrency as an asset class worthy of investment interest.
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