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May 16th, 2020
Reddit Introduces New Blockchain-Based Community Points
May 14, 2020 01:23 pm
  • Users will be able to earn ERC-20 tokens for creating quality content.
  • Reddit and its moderators will have no way to take points away from users, as community members will exercise full control over them.
Read more »

IRS Reportedly Cracking Down On Crypto Taxes
May 13, 2020 05:10 pm
  • The IRS is reportedly hiring third-party companies to assist the agency with crypto taxing.
  • Companies that are approved will have to help the agency with report preparation, data discrepancy analysis and error resolution and report revisions.
Read more »

Crypto.com Enlarges Insurance Coverage For Offline Bitcoin Vaults To $360M
May 12, 2020 08:46 pm
  • Insurance policy expands as Crypto.com sees rapid growth and surpasses the 2 million user milestone.
  • As there was a big problem of under-insured crypto custodians, recently many exchanges had announced big-number policies.
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Coinbase & Gemini Become J.P. Morgan’s First Crypto Exchange Customers
May 12, 2020 04:06 pm
  • The bank will provide the exchanges' U.S. customers with deposits and withdrawals.
  • Both exchanges had to go through a rigorous vetting process, though them being regulated in the U.S. helped with the approval.
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First U.S. Ethereum Futures Contracts Launched By ErisX
May 12, 2020 06:48 am
  • The first physically-settled futures contracts for the 2nd largest crypto by market cap will be regulated by the CFTC.
  • The new offer came only days after the exchange obtained the lucrative New York virtual currency license.
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The Third Bitcoin Halving (Live Coverage)
May 11, 2020 08:23 am
  • Today marks a historic event in bitcoin's evolution as the third halving approaches.
  • After the halving, block reward will go down from 12.5 BTC to 6.25 BTC, heavily disrupting the mining industry.
Read more »

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