Latest news about Blockchain, Bitcoin and Cryptocurrencies

 

  • US SEC targets ICOs in massive cryptocurrency probe
    It had to happen sooner or later. According to information provided to the Wall Street Journal, the U.S. Securities and Exchange Commission (SEC) has initiated a federal investigation into several cryptocurrency-based businesses. The probe encompasses an undisclosed number of entities, as well as requests for information delivered to advisers and technology companies around the country. The securities regulator is demanding information about pre-sales and sales surrounding Initial Coin Offerings (ICO). Since cryptocurrencies are not regulated as an industry, ICOs haven’t been classified the same as other public offerings, and have not been monitored the same, either. The investigations follow other inquiries by the SEC, which has indicated that ICOs may be in violation of existing securities laws. Jay Clayton, chairman of the SEC, announced earlier this month that the agency would be cracking down on companies that “capitalize on the ...
    https://coingeek.com/feed/
    2 years ago
  • Marshall Islands plans ‘Sovereign’ cryptocurrency launch
    The Republic of the Marshall Islands looks set to launch its own cryptocurrency, following comments from two senior government officials this week confirming the plans. The country, a collection of 1,100 islands located in the Pacific and home to just 70,000 people, is poised to become the second country after Venezuela to launch a state-backed cryptocurrency. Members of parliament passed a vote on proposals early this week, and while there is still room for rejection, local sources are confident the measures will pass into law. The currency, called the Sovereign, is expected to launch later in 2018, should the proposals gain final approval. According to local lawmakers, the currency will debut with an initial coin offering with plans to make the Sovereign eligible for exchange trading. Confirming the decision, Minister-in-Assistant to the President David Paul said the move was tactical, ...
    https://coingeek.com/feed/
    2 years ago
  • Genesis Launches Whale Sized Crypto-Loan Service
    This week the institutional over-the-counter (OTC) digital currency service, Genesis Global Trading, announced it’s creating a lending subsidiary called Genesis Capital that will offer cryptocurrency loans for a fixed period of time. Also Read: More Infrastructure Support Joins the Bitcoin Cash Ecosystem Market Maker Lending Services Genesis Capital will be a new lending firm for institutional investors that provides the opportunity to borrow a wide variety of digital currencies. The new subsidiary believes individuals and businesses will need cryptocurrency loans so they can deploy market making strategies, short spot, or use as additional capital to jumpstart a project. As the digital asset scene continues to grow, Genesis Capital thinks it’s time to strike the iron while it’s hot.    “We believe now is a great time to offer an institutional-focused lending service because it will increase general liquidity in the marketplace, ...
    https://news.bitcoin.com/feed/
    2 years ago
  • Japan’s cryptocurrency exchanges to set up self-regulatory body
    TOKYO (Reuters) - Japan's 16 government-registered cryptocurrency exchanges will set up a self-regulatory body to bolster trust in an industry rocked by a $530 million digital money heist in January. ...
    http://feeds.reuters.com/reuters/technologyNews
    2 years ago
  • Louisiana Officials Probe Staffers for Bitcoin Mining
    Louisiana's attorney general is reportedly investigating a group of former staffers for using official resources to mine cryptocurrencies. ...
    CoinDesk
    2 years ago
  • What’s Going Down In China Is Very Dangerous – Part 2
    Authored by Mike Krieger via Liberty Blitzkrieg blog, One of the more concerning ramifications of China’s recent turn toward a more totalitarian stance at home is what it means for the geopolitical environment in the years ahead. Several people asked in the comment section of Part 1 why I care about what’s going on in China when we have so many serious problems in the U.S. The reason is because a major shift in the polices of the second largest economy in the world, populated with over a billion people and run by leadership intent on establishing a far more dominant position on the world scale militarily and politically, will affect everyone. Government propaganda is one of the most insidious and dangerous things that regularly occurs within human society, and it’s been pervasive in essentially all civilizations to-date. The ...
    ZeroHedge
    2 years ago
  • $1 Trillion Investment Management Company Getting Serious About Crypto
    Investment firm Wellington Management Co. has just thrown its $1 trillion hat into the cryptocurrency ring. Big Money According to the Boston-based investment management company’s February report, the private and independent firm is officially considering including cryptocurrencies in some portfolios, as its systems were recently upgraded to enable trading in Bitcoin derivatives. Wellington has also started taking out positions in companies related to cryptocurrency. According to Bloomberg, the team releasing the report includes equity research analyst Matthew Lipton and trading technologies principal Lee Saba. The report says: Various Wellington teams are already positioning portfolios to take advantage of mining and blockchain implementations by, for example, investing in select chipmakers making components [for tracking and creating digital coins]. However, it is important to note that Wellington’s official stance is one of caution. The firm has made it clear that it is not buying direct ...
    http://bitcoinist.com/feed/
    2 years ago
  • Transaction Data Suggests a Crypto Recession Is Brewing
    Charts can reveal a lot about crypto assets. Past performance and future indicators can be gleaned at a glance, but there’s also a lot more that can be ascertained. A study of several of the most popular blockchains, including bitcoin and ethereum, has shown transaction velocity to have reached its lowest in years. Cryptocurrency is moving at a slower rate, suggesting that a crypto recession could be on the cards. Also read: Bitcoin Usage Falls to Its Lowest in Months The Great Go Slow Begins Until recently, the cryptocurrency markets were believed to be largely disassociated from the traditional world of finance. Movements in the latter had little effect on the former. But when the stock market slumped a few weeks ago, bitcoin also dipped. It could have just been a coincidence. Or, as the lines separating Wall Street and Crypto ...
    https://news.bitcoin.com/feed/
    2 years ago
  • A $1 Trillion Money Manager Is Adding Cryptocurrencies To Its Portfolios
    Perhaps inspired by Goldman Sachs' all-in approach to cryptocurrencies and blockchain technology - including possibly launching the first Wall Street crypto trading desk, investing in Circle and securing a patent for its own settlement token - or even JP Morgan Securities buying of bitcoin-linked ETNs on foreign exchanges purportedly on behalf of its clients, another mainstream financial institution is embracing crypto. As Bloomberg reports, Boston-based Wellington Management Co. - a massive fund company with $1 trillion AUM - is considering adding cryptocurrencies to some of its portfolios, according to a February report from one of its equity analysts. The company's trading systems were recently upgraded to enable trading in bitcoin derivatives like the futures contracts offered by the CBOE and CME.  And it's already adjusting portfolios to include exposure to mining and blockchain implementations by, for example, investing in select ...
    http://feeds.feedburner.com/zerohedge/feed
    2 years ago
  • Blockchain, Cryptocurrency and Bitcoin 101
    While Bitcoin tends to make most of the headlines, blockchain and Initial Coin Offerings (ICOs) are being seen as an opportunity to change business models, and eventually and potentially industries. As Bitcoin, Litecoin, and all the other cryptocurrencies find their footing in volatile moves, RCM Alternatives sat down with three crypto experts to talk the fundamentals of the space as well as what could be the dangers and investment solutions for investors in the future. One launched their own Bitcoin/Crypto Fund, another sold $80 Million in coin offerings in six minutes, and the third is an investor in Uphold, a value directory that allows you to own gold, bitcoin, and other investment vehicles all in one location. But before we get to their insights, let’s first look at the basics from Ben Upward, Managing Principal of Synchronicity. Crypto 101: What ...
    http://www.valuewalk.com/feed/
    2 years ago
  • Ex-Goldman Sachs Banker Creates First Crypto Repo Platform in Collaboration With Exchange Changelly
    Alex Grebnev, a former banker at Goldman Sachs, is creating a platform that will permit traders to deal more comprehensively with cryptocurrencies. The platform, called Oxygen, intends to target private and institutional investors seeking to cut repurchase agreements, or “repos,” among themselves. According to Forbes, Oxygen is set to be launched later this year.  If the operation is successful, the crypto-space will move even further into the mainstream: This past December, Chicago-based exchanges CME Group and Chicago Board Options Exchange (CBOE) launched Bitcoin futures contracts. Grebnev, who while working at Goldman Sachs dealt with stocks and derivatives for almost ten years, is working with cryptocurrency exchange Changelly, with plans to launch Oxygen on Changelly’s infrastructure — in turn permitting the repo platform access to the exchanges 1.6 million clients. At launch, Oxygen will accept ERC20 tokens, the popular token standard of Ethereum. After it ...
    http://www.newsbtc.com/feed/
    2 years ago
  • Dutch Bank That Once Called Bitcoin ‘High Risk’ Considers Building Crypto-Wallet
    A Dutch multinational financial provider, Rabobank has announced the possible introduction of a ‘cryptocurrency wallet’ tethered to the company’s banking services. The news follows the bank’s recent ‘high risk’ profiling of account holders that participated in bitcoin trading.  Also Read: Israeli Supreme Court Forbids Bank From Denying Service to Bitcoin Exchange Rabobank Investigates the Idea of Introducing a Cryptocurrency Wallet to Its Online Banking Environment This week the Dutch institution, Rabobank, the second-largest bank in the Netherlands in terms of total assets revealed it may introduce a cryptocurrency wallet called “Rabobit.” The wallet idea is one of 22 concepts introduced in Rabobank’s internal Moonshot acceleration program. At the moment the idea is to host a cryptocurrency wallet that’s tethered to the company’s online banking environment. Rabobank says right now company employees are researching the benefits and risks tied to implementing ...
    https://news.bitcoin.com/feed/
    2 years ago
  • Japan’s cryptocurrency exchanges to announce plan for self-regulating body: sources
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    2 years ago
  • Liechtenstein’s Bank Frick Offers Cold Storage And Cryptocurrency Investments
    Bank Frick announced it will be offering services for five popular cryptocurrencies. ...
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    2 years ago
  • XRPUSD forecast & analysis Ripple New Correction mar 2
    XRPUSD forecast & analysis Ripple New Correction mar 2 CURRENCY TRADERS Ripple New Correction Insight & analysis RIPPLE XRPUSD This morning in early trading, XRP at $ 0.9160 against the USD,1.96% higher at 11:59 PM UTC. Ripple New Correction In the last 24 period, XRP-USD traded at a high of $ 0.9491 and a low ...
    BitcoinWarrior
    2 years ago
  • Cryptocurrency Proving a Popular Means of Payment for Real Estate
    Cryptocurrency payments appear to be finding a niche within the real estate industry. There are already several documented examples of people wishing to trade a property in exchange for digital currency. Some experts are predicting that the trend will continue and we will see more of these deals in future. Buying a Home With Bitcoin is Easy There are some key advantages of using cryptocurrency to pay for property. The most prominent of which would be a lack of middlemen required to complete a sale, as well as the ease and low cost of sending large sums of money from one party to another. Director of Communications at the Coin Center, Neeraj Agrawal, told the LA Times: “Within the context of real estate, it makes sense to use cryptocurrency in those types of transactions… Cryptocurrency is a way to send ...
    http://www.newsbtc.com/feed/
    2 years ago
  • Germany Won’t Tax Cryptocurrencies Used To Make Purchases
    The German Federal Ministry of Finances has decided not to tax cryptocurrencies when used as a means of payment. The German Federal Ministry of Finances considers Bitcoin as tax-exempt so long as it is used as a means of payment, Cointelegraph Deutsch reported Thursday, March 1. The German federal authority published its decision to not subject purchases with Bitcoin and other cryptocurrency to taxes on Feb. 27, citing the European Court’s 2015 decision, which set a precedent for all members of the European Union. The Court justified its taxing decision by stating that it considers cryptocurrency as a legal means of payment: “So-called virtual currencies (cryptocurrencies such as Bitcoin) are considered equal to the legal means of payment, as long as these so-called virtual currencies have been accepted as alternative and contractual means of payment by the parties ...
    https://cointelegraph.com/feed
    2 years ago
  • Monero (XMR) Hits 24 Hour Volume of $61.60 Million
    Monero Google News Feed FR
    2 years ago
  • Number of Sites Hosting Cryptocurrency Miners Surges 725% in 4 Months
    Monero Google News Feed FR
    2 years ago
  • South Africa’s Hawks Investigate Bitcoin Scam Involving Thousands of Victims
    South Africa’s crime police unit is reportedly investigating a scam involving bitcoin that may have impacted thousands of citizens. In a report from Business Tech, South Africa’s police squad, the Hawks, are looking into a scam that started with a company called BTC Global. It’s reported that the business in question is said to have had more than $50 million worth of traders globally. According to Hawks spokesperson Captain Lloyd Ramovha, there have been over 25,700 complaints regarding the company, with a majority of them outside of South Africa, adding: The amount is over $50 million and could rise as more victims come forward. The investigation is in its infancy. I also cannot say whether it is a Ponzi scheme. BTC Global is being investigated for contravening the Financial Advisory and Intermediary Services Act. It’s estimated that some traders in South ...
    LiveBitcoinNews
    2 years ago
  • China Is Monitoring Offshore Cryptocurrency Exchanges: Local Report
    The post China Is Monitoring Offshore Cryptocurrency Exchanges: Local Report appeared first on CCN China is once again stepping up its enforcement of policies prohibiting cryptocurrency trading, amid reports that domestic traders have managed to circumvent these restrictions by accessing offshore exchanges. That’s according to a report in Shanghai-based publication Yicai, which said that the department in charge of supervising the country’s public communications networks had begun closely monitoring The post China Is Monitoring Offshore Cryptocurrency Exchanges: Local Report appeared first on CCN ...
    https://www.cryptocoinsnews.com/feed/
    2 years ago
  • China Is Monitoring Offshore Cryptocurrency Exchanges: Local Report
    The post China Is Monitoring Offshore Cryptocurrency Exchanges: Local Report appeared first on CCN China is once again stepping up its enforcement of policies prohibiting cryptocurrency trading, amid reports that domestic traders have managed to circumvent these restrictions by accessing offshore exchanges. That’s according to a report in Shanghai-based publication Yicai, which said that the department in charge of supervising the country’s public communications networks had begun closely monitoring The post China Is Monitoring Offshore Cryptocurrency Exchanges: Local Report appeared first on CCN ...
    https://www.cryptocoinsnews.com/feed/
    2 years ago
  • Cryptocurrency Firms Targeted By SEC In ICO Probe
    The United States Securities and Exchange Commission (SEC) is making good on its promise to crack down on fraudulent initial coin offerings (ICOs) by sending a number of subpoenas to cryptocurrency firms that may have violated securities laws, the Wall Street Journal reported . The subpoenas are focused primarily on companies that have sought to ...
    https://bitcoinwarrior.net/feed
    2 years ago
  • Cryptocurrency Firms Targeted By SEC In ICO Probe
    The United States Securities and Exchange Commission (SEC) is making good on its promise to crack down on fraudulent initial coin offerings (ICOs) by sending a number of subpoenas to cryptocurrency firms that may have violated securities laws, the Wall Street Journal reported . The subpoenas are focused primarily on companies that have sought to ...
    https://bitcoinwarrior.net/feed
    2 years ago
  • Commercial B2B payments firm Cambridge to pilot Ripple’s XRP
    FLEETCOR Technologies, Inc. a global provider of commercial payments announced today they will launch a pilot program with Ripple, the enterprise global blockchain payments solution provider and Cambridge Global Payments, the FLEETCOR-owned B2B international... Commercial B2B payments firm Cambridge to pilot Ripple’s XRP was published on CryptoNinjas. ...
    CryptoNinjas
    2 years ago
  • Don’t Ban Crypto, Says Former FDIC Chief Sheila Bair
    Former FDIC head Sheila Bair believes cryptocurrency prices should be left to the market to establish, according to Barron's. ...
    https://www.coindesk.com/feed/
    2 years ago
  • 1,200 Newsstands in Australia Now Selling Bitcoin and Ethereum
    As of today, Australians are now able to buy Bitcoin and Ethereum from more than 1,200 newsagents around the continent. Australia for Bitcoin Buying Bitcoin or Ethereum in Australia is now as easy as walking to the nearest newsstand. Cryptocurrency exchange bitcoin.com.au has launched the convenient service, after installing out the infrastructure in various locations since 2016. Though easier than ever, many individuals still aren’t accustomed to the idea of buying a digital product from a physical vendor. In an interview with 9Finance, CEO Rupert Hackett explains: When your product is totally digital it can be hard to gain trust from consumers because there’s no tangible product being handed over. Using newsagents provides consumers with a convenient and trusted way for investors to buy cryptocurrency. The addition of Ethereum sales to the Bitcoin-focused exchange’s might come as a bit of a ...
    Bitcoinist
    2 years ago
  • Republic Of The Marshall Islands Prepares For Sovereign Cryptocurrency
    The Republic of the Marshall Islands reportedly plans to issue its own cryptocurrency, the Sovereign (SOV), which would be treated as legal tender alongside the US dollar. This has the potential to impact the country’s relationship with the United States, which has long provided defense for the small nation. ...
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    2 years ago
  • Loophole for IPS means Broad Ripple High School could sell for millions, instead of $1
    Ripple Google News Feed EN
    2 years ago
  • Bitcoin ‘Bubble Is Necessary’ To Test Endurance, Says Hedge Fund Founder Bill Miller
    Wall Street investor Bill Miller compares Bitcoin to the major inventions of humankind, saying that the Bitcoin “bubble” is “necessary” to test endurance. Bill Miller, multi-millionaire investor and founder of hedge fund Miller Value Partners, shared his positive view on the cryptocurrency market sell-off and talked about why it should not scare investors in a FOXBusiness exclusive interview Feb. 28. Calling himself a Bitcoin “observer”, rather than a Bitcoin “believer” or “evangelist”, in the interview Miller compared Bitcoin with other major inventions throughout history, stating: “What I observed with bitcoin is that it’s following a very time-honored path of disruptive innovation going all the way back to the printing press, railroad, electricity, radio in the 1920s, biotech, the internet.” While many on Wall Street are worried that cryptocurrencies are a bubble worse than the Nasdaq in 2000, ...
    CoinTelegraph
    2 years ago
  • Mexico financial technology law passes final hurdle in Congress
    MEXICO CITY (Reuters) - Mexico's lower house of Congress approved a bill to regulate the fast-growing financial technology sector on Thursday, including crowdfunding and cryptocurrency firms, putting it among a small group of countries to establish regulation for the industry. ...
    Reuters
    2 years ago
  • Gold Trading Giant Goldmoney Enables Cold Storage For Two More Cryptocurrencies
    Goldmoney, a global gold-based financial services company, expands its crypto cold storage with two more cryptocurrencies. Goldmoney, the world's largest gold savings and transfer network, has added two more major cryptocurrencies to its cold storage service, according to a press-release published Feb. 27. The company, which already provides a cold storage service for Bitcoin (BTC), announced it is now adding “Anti-Money Laundering (“AML”)-Compliant” Ethereum (ETH) storage, with Bitcoin Cash (BCH) storage to follow soon after. According to their press release, Goldmoney Inc. safeguards nearly $2 billion in assets for clients located in more than 150 countries. “Goldmoney clients can now directly purchase Anti-Money Laundering (“AML”)-Compliant Ethereum and sell their Ethereum holdings back to Goldmoney in the same way they buy or sell Bitcoin and precious metals,” Goldmoney reports. As the company explains, client-held cryptocurrencies are stored and secured in ...
    https://cointelegraph.com/feed
    2 years ago
  • SegWit adoption for Bitcoin slowly but surely on the rise
    The cryptocurrency industry is indisputably leagues from where it began. However, it’s easy to lose perspective among the headlines, which preach bitcoin’s demigod status among financial markets yet also call for its replacement with... SegWit adoption for Bitcoin slowly but surely on the rise was published on CryptoNinjas. ...
    CryptoNinjas
    2 years ago
  • Bitcoin Eyes Fresh Test of Recent High After Posting Gain in February
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    2 years ago
  • From Bulldozers to Beer, Tariffs Could Ripple Through US Economy
    Ripple Google News Feed EN
    2 years ago
  • Bitcoin Investor Lost On Every Trade. Here’s Why…
    As bitcoin dropped by 50% in January, my phone rang. It was my friend Jordan, and I shook my head as I took his call. I knew he was wondering if he should sell again. It’s the big mistake he keeps making … and he hasn’t learned from it yet. [REITs] Check out our H2 hedge fund letters here. In 2017, he bought bitcoin at $1,250, $2,800, $7,500 and $14,000. That’s an average cost of $6,387, or about 60% of bitcoin’s current price of $10,250. But here’s the crazy part: He’s down on his bitcoin investments! That’s right — even with an average cost significantly below bitcoin’s current price, Jordan still managed to lose money … in an asset that skyrocketed 1,400% last year. Now, you might be wondering how this is possible. It’s possible because he lets volatility shake ...
    ValueWalk
    2 years ago
  • Canada, Brazil — but not China — will be hit hardest by Trump’s steel tariffs
    Canada and Brazil are likely to bear the brunt of any tariffs on steel, according to a 2017 report from the U.S. Department of Commerce. ...
    CNBC
    2 years ago
  • Regional US Bank Latest to Admit Cryptocurrency is Threat to Business Model
    The post Regional US Bank Latest to Admit Cryptocurrency is Threat to Business Model appeared first on CCN Another US bank has listed cryptocurrency as a threat to its business model, public documents show. Regional banking institution WesBanco disclosed in its most recent annual report dated Feb. 27 and filed with the Securities and Exchange Commission (SEC) that the advent of new fintech products such as cryptocurrencies could cause them to lose clients. The post Regional US Bank Latest to Admit Cryptocurrency is Threat to Business Model appeared first on CCN ...
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    2 years ago
  • Fake Website Scam Targets Aspiring Telegram ICO Investors
    Scammers masquerading as "the Telegram Foundation" are trying to defraud users through a fake public ICO. ...
    CoinDesk
    2 years ago
  • Moscow Court Rules Crypto Assets Cannot Be Seized For Debt Payment
    The Moscow Arbitration Court rules to exclude cryptocurrency from assets which can be seized from debtors. In a hearing on Feb. 26, the Moscow Arbitration Court ruled that cryptocurrency funds of a bankrupt debtor cannot be seized as payment to creditors, local media group RBC reports. The court considered an application filed by finance manager Aleksey Leonov, who requested permission to recover funds from a debtor, Ilya Tsarkov, by seizing Tsarkov’s crypto assets. According to RBC, Leonov requested that the court require Tsarkov to provide the password for his cryptocurrency wallet on the website Blockchain.info. The court reviewed documents that proved Tsarkov was in possession of a crypto wallet with Bitcoins, but refused to grant Leonov’s request to seize Tsarkov’s cryptocurrency in order to repay the debt. According to Nikita Kulikov, executive director of the Moscow law firm HEADS ...
    https://cointelegraph.com/feed
    2 years ago
  • Keith Lim: Blockchain Will Definitely Have a Positive Role in Disrupting the Insurance Industry
    Most of the young companies developing blockchain-based solutions are focused on cross-border payments and other financial services. Therefore, the insurance industry is still poorly covered by the blockchain, says Keith Lim, owner of the insurance startup Hearti. However, the expert is sure that the technology will change the sphere of insurance in the near future. In an interview with Blockchain & Bitcoin Conference Thailand, he talked about how this will happen, as well as made a brief announcement of his presentation at the event. Interviewer: Blockchain & Bitcoin Conference Thailand (BCT) Speaker: Keith Lim (K.L.) BCT: Tell me how did you find out about blockchain. Were you skeptical at first, or did you immediately see an enormous potential? KL: I first found out about blockchain around 2012.  At that time, many blockchain use cases were still in a very early experimental stage.  However, ...
    http://www.newsbtc.com/feed/
    2 years ago
  • Japan: 132 Crypto Investors Sue Hacked Exchange Coincheck, Seek Reimbursement
    132 crypto investors are suing Japanese exchange Coincheck, seek damages following $534 mln hack. 132 crypto investors have filed a lawsuit against the Japanese-based crypto exchange Coincheck, seeking 228 mln yen (around $2 mln) in damages, local news outlet Sankei reported Tuesday Feb. 27. Coincheck suffered a major hack in late January that resulted in the theft of more than 523 mln NEM, worth around $530 mln at the time. The exchange has since promised to refund all of its customers in full at a rate of about 82 cents per token. Despite the company’s refund promise, ten crypto traders had already filed lawsuits against Coincheck on Feb. 15 at the Tokyo District Court over the company freezing crypto withdrawals. Coincheck began allowing yen withdrawals on Feb. 12, which settled one of the claims against the exchange. At the ...
    https://cointelegraph.com/feed
    2 years ago
  • Here’s Why Bitcoin, Ethereum, and Ripple Are Up Despite the SEC’s Crypto-Crackdown
    Ripple Google News Feed EN
    2 years ago
  • Marshall Islands Issuing The “Sovereign,” the First State-Cryptocurrency to Be Used as Legal Tender
    Partnering with Israeli finch startup Neema, The Republic of the Marshall Islands (RMI) — a country located in the Pacific Ocean with a population of only 50,000 — is set to become the first sovereign nation to issue a cryptocurrency that will be legal tender. As reported by the Telegraph, President of the Marshall Islands, Dr. Hilda C. Heine describes the move as follows: “This is a historic moment for our people, finally issuing and using our own currency, alongside the USD. It is another step of manifesting our national liberty.” The new currency is called “Sovereign” or “SOV.” It will be distributed to the public via an Initial Coin Offering (ICO) later this year, with every resident of the Marshall Islands to receive a free allocation — soon after, the government will allow global investors to participate. The SOV ...
    http://www.newsbtc.com/feed/
    2 years ago
  • London’s Bubble Escorts now Accepts Bitcoin Payments
    Cryptocurrencies are making inroads in virtually every sector as of right now. Unsurprisingly the escort industry also sees the merit of this form of money. Bubble Escorts now accepts cryptocurrency in exchange for services offered by their escorts. It is a very positive development, although one that will undoubtedly get a lot of negative attention. Bubble Escorts proves to be a rather interesting company. Their rate to hire an escort is on the steep side of the spectrum. With a price tag of 120 GBP an hour, it is not exactly a cheap undertaking by any means. To make this offer even more appealing, the company now accepts Bitcoin payments as well. Users exploring this option will need to pay upfront, though, for obvious reasons. Bubble Escorts Makes a Curious Decision In doing so, the company becomes the first escort ...
    LiveBitcoinNews
    2 years ago
  • Op Ed: Lobbying Efforts Promote the Blockchain Industry Around the World
    Well-known crypto companies such as Coinbase, eToro, CryptoCompare, CEX.IO, BlockEx, CoinShares and CommerceBlock have recently announced the creation of CryptoUK. As stated on their official website, CryptoUK is a self-regulatory trade association established to promote higher standards of conduct. But why should these obvious competitors and big players unite? And is this becoming a trend?Of course, their primary goal is perfectly clear: CryptoUK wants to lobby the U.K. government on behalf of their interests and to influence the market.The aggregated volume of the exchanges is quite large for the cryptocurrency industry. The daily volume for CEX.IO alone is more than $34 million. However,  this is a small amount when compared to the market leaders.  Binance’s daily volume is around $2 billion, for example. CryptoUK unites not only crypto-exchanges but also such services as Coin Shares (a hedge fund and exchange), ...
    Bitcoin Magazine
    2 years ago
  • Tax-Free For Cryptocurrency Users: Germany
    Peter Altmaier – Ministry of Finance [Germany] stated out that individuals that complete payments with the use of digital currencies will not be taxed. The news and shared information is very welcoming and warming coming form Germany in a time when several other countries are taking a much stricter approach towards cryptocurrencies. The internal Revenue Service – In the United States do put down the leader – Bitcoin and following coins as property for tax purposes in which case any transaction of the digital currencies could be set on sale-of-property status making it subject to capital gains tax. While in Germany, using a cryptocurrencies for purchasing services or goods of any form, the coin which the individual used is considered as a means of paying. The Bunderministerium der Finanzen followed a 2015 European Union Court of Justice ruling on value added taxes. The ...
    https://ethereumworldnews.com/feed/
    2 years ago
  • Bitcoin Wallet and Jaxx Blockchain Wallet Contain Major Security Flaws
    Bitcoin Wallet and Jaxx Blockchain Wallet Contain Major Security Flaws Cryptocurrency wallets have always presented a mix of convenience and potential security issues. For the most part, the top cryptocurrency wallets do not suffer from any major vulnerabilities. In the case of Jaxx and Bitcoin.com’s Bitcoin Wallet, things are very different. Cheetah Mobile Blockchain Research Lab… The post Bitcoin Wallet and Jaxx Blockchain Wallet Contain Major Security Flaws appeared first on Altcoin Today. ...
    http://www.altcointoday.com/feed/
    2 years ago
  • German Ministry Of Finance Provides Guidance On Bitcoin Taxation
    German authorities have shed some light on cryptocurrency tax implications. ...
    ETHNews
    2 years ago
  • Comment: Internet-Connected Devices Could Be Hacked To Mine Cryptocurrency
    A cybersecurity company has demonstrated that 15,000 internet-connected devices could be hacked to mine $1,000 of cryptocurrency in 4 days. Web security company High-Tech Bridge‘s CEO Ilia Kolochenko comments: [REITs] Special Offer: Valuation Master Class Make-someones-day / Pixabay“Many manufactures of IoT devices ignore even the fundamentals of security and privacy. Millions of IoT devices which are designed to process or store confidential, or personal, information do not even have a basic password protection option, or have a hardcoded admin password without the possibility of changing it. Web interfaces of IoT devices are riddled with critical vulnerabilities that can be exploited to take over the device. Many of them use open source software component that have not been updated in years and can be exploited in a fully automated mode in a few seconds. However, the CPU capacities of IoT devices ...
    http://www.valuewalk.com/feed/
    2 years ago
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