Crypto Firm Uquid Launches Marketplace- 30,000 Digital Products, Bitcoin Cash Support

Crypto Firm Uquid Launches Marketplace- 30,000 Digital Products, Bitcoin Cash SupportOn May 28, 2020, the digital currency and blockchain company Uquid has announced that the Uquid Shop is now live and accepting cryptocurrencies like bitcoin cash for payments. The team at Uquid has dubbed the market the “world’s biggest digital shop for crypto users is ready to launch with 30,000 digital products.” Crypto Firm Launches […]

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India to Significantly Increase Crypto Market Share This Year: Report

India to Significantly Increase Crypto Market Share This Year: ReportIndia’s cryptocurrency market is set to gain significant market share this year, according to an industry report. The regulatory environment, the instability of the rupee, and remittances are key drivers that will send the Indian crypto industry soaring. Indian Crypto Sector Flourishing The Indian cryptocurrency market is poised to gain considerable global market share starting […]

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UK Government Seizes $185 Million From Dormant Bank Accounts for Crisis Relief

UK Government Seizes $185 Million From Dormant Bank Accounts for Crisis ReliefThe UK government is seizing funds in dormant bank accounts worth approximately $185 million to fund its coronavirus relief efforts. So far, 30 banks have been voluntarily transferring money from dormant accounts to the government, including HSBC, Barclays, Clydesdale, Credit Agricole, Danske, Santander, Lloyds, and Bank of Scotland. The government has also proposed adding other […]

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Amid Youtube Censorship, Individuals Flock to Decentralized Video Sharing Apps Like Lbry.tv

Amid Youtube Censorship, Individuals Flock to Decentralized Video Sharing Apps Like Lbry.tvIn mid-May, news.Bitcoin.com reported on one of our mining pool videos being censored and banned from the video-sharing platform Youtube. The report had shown how Youtube has been censoring videos for a long time now, and the CEO specifically told the public certain coronavirus films would be removed. Youtube’s censorship has caused a number of […]

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China Passes Law Protecting Cryptocurrency Inheritance

China Passes Law Protecting Cryptocurrency InheritanceChina has passed the country’s long-awaited civil code which expands the scope of inheritance rights to include cryptocurrency, such as bitcoin. Inherited cryptocurrencies will be protected under the new law. Meanwhile, several Chinese courts have recently ruled that bitcoin and ethereum are properties protected by law. Inherited Cryptocurrencies Protected by Law The third session of […]

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Bitpay Has ‘No Current Plans’ to Support Liquid or the Lightning Network

Bitpay Has 'No Current Plans' to Support Liquid or the Lightning NetworkAccording to Bitpay’s Chief Marketing Officer, Bill Zielke, onchain bitcoin payments still rule the roost as far as payments are concerned. Zielke detailed that at least in the near future, Bitpay won’t be supporting the Lightning Network or Blockstream’s Liquid project. Liquid or the Lightning Network Not on the Roadmap The top cryptocurrency payment processor […]

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Grayscale Bitcoin Trust Buys Over 1.5 Times Total BTC Mined Since Halving

Grayscale Bitcoin Trust Buys Over 1.5 Times Total BTC Mined Since HalvingGrayscale Investments has purchased more than 1.5 times the number of bitcoins mined since the third Bitcoin halving for its bitcoin trust. This indicates that there is a strong institutional demand for the cryptocurrency, which is expected to grow significantly post the coronavirus crisis. GBTC Buys 1.5 Times the Amount of Bitcoin Mined After Halving […]

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JPMorgan to Pay $2.5 Million to Settle Lawsuit for Overcharging Crypto Fees

JPMorgan to Pay $2.5 Million to Settle Lawsuit for Overcharging Crypto FeesJPMorgan Chase has reportedly agreed to pay $2.5 million to settle a crypto class-action lawsuit. Originally filed in 2018, the suit alleges that the bank overcharged customers for buying cryptocurrencies using Chase credit cards, classifying the purchases as cash advances. JPMorgan Settles a Crypto Class Action Lawsuit JPMorgan Chase allegedly overcharged its customers who bought […]

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JPMorgan to Pay $2.5 Million to Settle Lawsuit for Overcharging Crypto Fees

JPMorgan to Pay $2.5 Million to Settle Lawsuit for Overcharging Crypto FeesJPMorgan Chase has reportedly agreed to pay $2.5 million to settle a crypto class-action lawsuit. Originally filed in 2018, the suit alleges that the bank overcharged customers for buying cryptocurrencies using Chase credit cards, classifying the purchases as cash advances. JPMorgan Settles a Crypto Class Action Lawsuit JPMorgan Chase allegedly overcharged its customers who bought […]

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JPMorgan to Pay $2.5 Million to Settle Lawsuit for Overcharging Crypto Fees

JPMorgan to Pay $2.5 Million to Settle Lawsuit for Overcharging Crypto FeesJPMorgan Chase has reportedly agreed to pay $2.5 million to settle a crypto class-action lawsuit. Originally filed in 2018, the suit alleges that the bank overcharged customers for buying cryptocurrencies using Chase credit cards, classifying the purchases as cash advances. JPMorgan Settles a Crypto Class Action Lawsuit JPMorgan Chase allegedly overcharged its customers who bought […]

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