Impact of shifting SEC policy on ETH ‘yet to be seen’ — Consensys SC

FIX Network is partnering with NEM to provide a solution that prevents SIM swapping. 1467 Total views 24 Total shares In the US alone, over $55m has been stolen through SIM swapping attacks since 2018. NEM, a blockchain-based ecosystem, believes that decentralized apps could provide a meaningful solution to this problem.According to NEM, they’re working…

Experts from analytical firm Trefis have forecasted increased sales of Nvidia’s graphics processing units (GPUs) at the end of the third quarter (Q3) of this year, Forbes reported Nov. 13. Trefis notes that, while overall GPU sales will be up, sales from cryptocurrency-related activities will remain in a downtrend.American GPU manufacturer Nvidia is purportedly set…

SOL has been forming a Bull Pennant following its 14,200% year-to-date price rally. 1395 Total views 22 Total shares Solana (SOL) price technicals suggest SOL can hit $275 in the coming sessions.The upside outlook for the world's sixth-largest cryptocurrency by market capitalization comes as it consolidates inside a range that appears like a Bull Pennant.…

In the midst of a country-wide COVID-19 vaccination effort, Brazil looks to add blockchain-based tracking to the equation. A recent YouTube webinar from the Ministry of Justice and Public Security hosted discussion on blockchain's usefulness in several categories, including the fight against corruption. Blockchain's impact on COVID-19 tracing also surfaced during the discussion. A report from Reuters…

The like-kind exchange tax exemption is not applicable to cryptocurrency transactions, according to the United States Internal Revenue Service (IRS). An official at the IRS Office said that U.S. taxpayers have never been authorized to postpone paying tax as part of the like-kind exchange principle even before the 2017 tax overhaul, Bloomberg Tax reports Nov. 13.Suzanne…

There are many reasons why people own cryptocurrencies. One is to store cryptocurrencies as value due to the limited supply of coins like Bitcoin. Some people store cryptocurrency for speculation — meaning they aim to make a profit when a coin’s value increases against the United States dollar or other coins. One of the major reasons…

The United States equities markets plunged on Aug. 26 following Federal Reserve Chair Jerome Powell’s speech where he reiterated the central bank’s hawkish stance. Continuing its correlation with the equities market, Bitcoin (BTC) and the cryptocurrency markets also witnessed a sharp selloff on Aug. 26.Bitcoin has declined about 14% this month, making it the worst…