cryptocurrency

Kentucky poised to approve tax, energy incentives for cryptocurrency mining

Kentucky poised to approve tax, energy incentives for cryptocurrency mining

Public records indicate that lawmakers in Kentucky appear set to approve two proposed laws aimed at incentivizing cryptocurrency mining activity in the U.S. state. There are two bills moving through the state’s legislature, known as the General Assembly. One is centered around tax incentives and, as noted by local media, is part of a broader …

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Ether's Rise to Record Highs May Propel Cryptocurrency to $10.5K: Fundstrat Global

Ether’s Rise to Record Highs May Propel Cryptocurrency to $10.5K: Fundstrat Global

Even after setting a new record high of $1,439 on Monday, the rally for Ethereum’s ether cryptocurrency may have only just begun, according to Fundstrat Global Advisors strategist David Grider. Basing his prediction partly on use cases for Ethereum’s blockchain technology, Grider wrote in a note Tuesday that ether has scope for a rally to …

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FCA issues warning against cryptocurrency investment and use

FCA issues warning against cryptocurrency investment and use

The Financial watchdog of the United Kingdom, the Financial Conduct Authority [FCA] on Monday, released a warning for consumers about the investment risk in cryptocurrency. According to the statement, the focus of the warning was mainly towards crypto-assets and businesses promising high returns. The warning included the FCA stating that the consumers should be prepared …

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Mobilunity

6 Reasons to Hire AI Programmer and Introduce Cryptocurrency in Your Business [Sponsored Post]

A business, which goes online, needs a fast and reliable payment method. Bank transfers, PayPal, Apple Pay, Google Pay, and other financial services are highly convenient for the customers, and offer A business, which goes online, needs a fast and reliable payment method. Bank transfers, PayPal, Apple Pay, Google Pay, and other financial services are …

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DOJ inspector general calls on FBI to finish developing a ‘cryptocurrency support strategy’

DOJ inspector general calls on FBI to finish developing a ‘cryptocurrency support strategy’

A report from the U.S. Department of Justice’s Office of the Inspector General called on the FBI to complete its work on a cryptocurrency support strategy as part of a wider effort to beef up its ability to contend with dark web activities. The recommendations were included in a 58-page report, partially redacted and published …

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Huobi adds Visa and Mastercard support for cryptocurrency transactions

Huobi adds Visa and Mastercard support for cryptocurrency transactions

Huobi global expanded support for Visa and Mastercard credit and debit cards which will allow its users to make transactions on the platform itself without being redirected to a third-party portal, according to a release shared with AMBCrypto today. The new payment service is being provided by Huobi Technology, a regulated DLT firm by the …

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Romania’s government is set to auction confiscated cryptocurrency for first time

Romania’s government is set to auction confiscated cryptocurrency for first time

Romania’s National Agency for the Management of Seized Assets will auction off small amounts of Bitcoin and Ether — a first in the country’s history.  The auction’s cryptocurrency was confiscated from a fraud case. In the auction, 0.97 of ETH will start at 1,670 Romanian lei ($403 USD) and 0.6 BTC begins at 30,535 lei …

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