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Tag Archives: Sees

‘Toxic’ Suspected Manipulation Sees Bitcoin Futures Sink 55% in 2018

Yet further concerns surrounding the impact of Tether (USDT) and Bitcoin (BTC) futures on the leading cryptocurrency’s fortunes were raised on CNBC, Wednesday June 13th. As CNBC notes, Bitcoin futures have sunk 55 percent this year, reaching their lowest levels since February. Weighing in on the controversies surrounding allegations that Tether (USDT) is being used as a shorting mechanism by ...

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Dash DAO Runs Into Treasury Limits, Sees Reprioritization and Focus on Efficiency

The Dash decentralized autonomous organization (DAO) has run into funding limits, forcing a reprioritization of projects and an increase in efficiency. Originally formed to assist in development funding, the Dash treasury system allows the masternode network to vote on funding proposals to claim the 10% of new coins created set aside for the treasury. Initially, funding development occupied most of ...

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New Report Suggests Average ICO Investor Sees 82% Profit

Recent analysis of Initial Coin Offerings (ICOs) has found that the average ICO investor sees returns of 82 percent, according to report published by the Boston College Carroll School of Management May 20. The 54-page report, titled ‘Digital Tulips? Returns to Investors in Initial Coin Offerings,’ found evidence of “significant ICO underpricing” after analyzing a dataset of over 4,000 planned ...

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Japanese Regulator Sees Sharp Spike in Cryptocurrency Queries in Q1 2018

Join our community of 10 000 traders on Hacked.com for just $39 per month. Japanese consumers are filing over three times the number of cryptocurrency enquiries  in the first three months of 2018 compared to the previous quarter, figures from the country’s financial regulator reveal. According to numbers disclosed by the Financial Services Agency’s (FSA) Counseling Office for Financial Services Users ...

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US Power Utility Sees ‘Agitated’ Crypto Miners, Ramps Up Security

Join our community of 10 000 traders on Hacked.com for just $39 per month. Washington’s Chelan County public utility district (PUD) is beefing up its security citing employee safety concerns due to what it describes as “belligerent behavior” from cryptocurrency miners. As reported previously, Chelan County public utility placed a moratorium on bitcoin mining after a major influx of new ...

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Arizona’s Cryptocurrency Tax Bill Sees Rollback On Crypto Acceptance

The Arizona House of Representatives passed Senate Bill 1091, a tax bill that would allow citizens to pay their taxes using cryptocurrencies, according to public records May 2. Following the recent vote however, this initiative has been stymied with amendments. The mandate targeted at the Department of Revenue of Arizona would have opened the door to accepting digital currency as ...

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Dash Sees Record Number of Treasury Proposals, Budget Over Double-Requested

Dash experienced its most competitive budget cycle yet, with scores of proposals and a treasury that was over double-requested. According to DashVoteTracker pulling data from main Dash proposal site Dash Central, 66 proposals were submitted for the April budget cycle, 40 of which passed, and 26 which did not. The available budget of 6,176.72 Dash, valued presently at around $2.9 ...

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