SEC wants retailer’s crypto suit tossed as it’s based on ‘phantom’ policy
A Texas bag retailer sued the SEC to get legal protection for a token airdrop, but the regulator says the suit was based on a policy that doesn’t exist.
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Full House: Crypto Cards Show a Strong Hand in 2019
Until recently, cryptocurrency debit cards appeared to fall short of expectations. Despite many failed efforts in recent years, crypto debit cards are enjoying a second wind thanks to a surge in crypto prices over the summer. With some of the crypto world’s biggest names launching crypto debit cards, Cointelegraph takes a look at the latest…

Blockchain Dev Firm Launches First Smart Contracts on Microsoft’s .NET
Developers can now write smart contracts in C# on Microsoft’s .NET architecture.Blockchain development firm Stratis Group Ltd has launched the first smart contracts on Microsoft's .NET architecture, according to a press release shared with Cointelegraph on July 3.The company has introduced the Cirrus Sidechain Masternodes and Stratis Smart Contracts products designed to enable businesses to…

Fidelity Is Still Looking for Bitcoin Mining Engineers
The Fidelity Center for Applied Technology (FCAT) is looking to find Bitcoin Mining Engineers for a “new business opportunity.” The proposal is coming from the team behind Fidelity Digital Asset Services (FDAS), the crypto trading arm of the financial giant.The recruit will support Fidelity’s mining operations, likely in reference to its partnership with Blockstream. The…

IRS authorized to access information on Circle’s crypto traders to nab tax cheats
The Internal Revenue Services will seek information from Circle on all U.S. taxpayers who traded at least $20,000 worth of crypto between 2016 and 2020. 4522 Total views 23 Total shares A U.S. federal court has granted authorization to the Internal Revenue Service, or IRS, to serve a John Doe summons to fintech firm Circle…

Bitcoin Worth Over $7,400 Again as US Stock Market Sees Moderate Downturn
Monday, May 13 — most of the top 20 cryptocurrencies are reporting moderate gains on the day by press time, as bitcoin (BTC) has crossed the $7,400 mark.Market visualization courtesy of Coin360Bitcoin is up over 5.2% on the day, trading at $7,431 at press time, according to CoinMarketCap. Looking at its weekly chart, the coin…

Voyager’s auction did not serve depositors’ best interests, alleges Wave Financial rep
According to the Los Angeles management firm, "better bids were on the table" for depositors and the community. 104 Total views 8 Total shares The assets of crypto brokerage firm Voyager Digital would face a drastically different fate if FTX did not win the bid, claimed a spokesperson of Wave Financial while speaking to Cointelegraph.…

Bitcoin mining researchers claim new tech ups winning hash chance by 260%
Quantum Blockchain Technologies (QBT), a research company based in the United Kingdom, has developed artificial intelligence-powered algorithms that could significantly increase the mining winning probability of certain ASIC Bitcoin (BTC) miners, CEO Francesco Gardin said in an interview with Cointelegraph.Speaking exclusively to the publication, Gardin unpacked how Quantum Blockchain Technologies (QBT) has incorporated AI to…

Ethereum hits $2.6K all-time high as Bitcoin market dominance falls below 50%
Altcoins begin to deliver gains on Thursday, while Bitcoin stays down, bringing its market cap dominance below 50%. 2143 Total views 15 Total shares Ether (ETH), the largest altcoin by market capitalization, hit new all-time highs on April 22 despite a bearish phase sweeping through Bitcoin (BTC) and other cryptocurrencies.ETH/USD 1-hour candle chart (Bitstamp). Source:…