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Category: Coinbase News

US Insurance Giants UnitedHealth and Humana Launch Blockchain Pilot

Two of the nation’s largest health insurers are looking to blockchain technology to reconcile data in the health care system. Source link

Justice Department Sues Founders of Mayweather-Backed ICO

Federal authorities have charged the founders of Centra Tech with securities and wire fraud, shortly after their ICO was shut down by the SEC. Source link

Bitmain Confirms Release of First Ethereum ASIC Miners

Bitcoin mining hardware firm Bitmain unveiled its long-rumored ethereum mining tech on Monday. Source link

Japanese Brokerage Firm May Acquire Hacked Coincheck Exchange

Tokyo-based cryptocurrency exchange Coincheck, which suffered a major hack early this year, may soon be under new management, reports say. Source link

New AML Rules for Australia's Bitcoin Exchanges Kick In Today

Australia’s cryptocurrency exchanges must now follow new rules aimed to counter money laundering and terrorism financing. Source link

How Active Crypto Traders Can Save on US Taxes

Active crypto traders can qualify for trader tax status (TTS) to deduct business and home-office expenses. And there might be an additional benefit. Source link

Report: 9 Cryptocurrency Hedge Funds Have Closed in 2018

Bloomberg reported Monday that nine cryptocurrency hedge funds have shut down in the first quarter of 2018. Source link

Google Bans Crypto Mining Browser Extensions from Chrome

Google said Monday it is banning cryptocurrency mining extensions from the Chrome Web Store after a flood of submissions that violated its policies. Source link

Report: Russia's Gazprombank to Test Cryptocurrency Service

Russia’s state-owned Gazprombank is reportedly looking into facilitating cryptocurrency transactions through a Swiss subsidiary. Source link

China's Sinochem Completes Gasoline Export Over Blockchain System

Chinese petrochemical giant Sinochem has successfully used blockchain technology to conduct a gasoline shipment to Singapore. Source link

Taiwan Central Bank Proposes Money Laundering Rules for Bitcoin

The Central Bank of Taiwan is eyeing new rules that would bring bitcoin under the island’s existing anti-money laundering regulations. Source link

Bitcoin Is Close to Cutting Fees with Better Coin Selection

Years of work has culminated in Bitcoin Core software getting a “coin selection” upgrade that will lower transaction fees and scale the blockchain. Source...