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US Representatives ‘Urge’ the IRS to Clarify Cryptocurrency Tax Guidance
On Wednesday September 19, a committee of US bureaucrats sent an open letter to the Internal Revenue Service (IRS) in regard to the way cryptocurrencies are taxed. The representatives’ letter directed towards IRS commissioner David Kautter wants the taxation office to publish provisional guidelines on how digital currency transactions and investments should be handled when US […] The post US Representatives ‘Urge’ the IRS to Clarify Cryptocurrency Tax Guidance appeared first on Bitcoin News. дальше »
2018-9-21 04:25 | |
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Ripple (XRP) Has Already Kicked Off The Altcoin Rally
Ripple (XRP) has already kicked off the altcoin rally. It does come as a surprise considering the change of sentiment that Ripple (XRP) has magically achieved over the past few weeks. As always, the team behind Ripple (XRP) shows a glimpse of its talent. дальше »
2018-9-21 00:30 | |
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Newest Crypto Exchange Offers Multiple Currencies Via One Book
The crypto world is welcoming its newest digital currency exchange. Known as BTSE, it’s a platform designed primarily to look after markets and OTC trading. The system is unique in the sense that it offers multiple currencies through one book, and entities like the U. дальше »
2018-9-21 00:05 | |
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Congressional Committee Calls for Clearer Crypto Tax Code in Letter to IRS
In an open letter to the Internal Revenue Service (IRS), the U. S. House’s Committee on Ways and Means argues that the tax collection body is leaving investors in the lurch with its vague cryptocurrency tax codes. дальше »
2018-9-21 23:35 | |
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“Someone’s Got to Be the Voice of Reason” — Kraken Responds to NY AG Report
The New York Attorney General’s office has pointed a finger at cryptocurrency exchange Kraken for “potential” violation of state regulations. Now, the San Francisco–based exchange is firing back, saying it does not appreciate what it sees as implications of illegality. дальше »
2018-9-21 18:10 | |
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Cryptocurrency Exchanges Fall Short in Safeguarding Funds: Report
In April 2018, former New York Attorney General Eric Schneiderman sent off inquiries to more than a dozen cryptocurrencyexchanges to learn more about their internal operations. дальше »
2018-9-19 02:06 | |
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Bitcoin is 300 Times Cheaper Than Wire Transfers, Banks Take 83% Profit
Since 2017, so-called “experts” in the finance sector have criticized Bitcoin for being too expensive. Yet, banks are pocketing 83 percent profit on every wire transfer. According to Bank of America’s official data, the $302 billion bank charges $30 for outbound domestic wire transfer and $35 for outbound international wire sent in foreign currency. дальше »
2018-9-19 16:00 | |
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Gemini and Paxos Both Launch Stablecoins on Ethereum Blockchain
Two crypto companies, Gemini Trust and Paxos, got a green light from a New York state regulator to launch their own stablecoins pegged 1:1 to the U. S. dollar. New York Department of Financial Services (NYDFS) gave an okay to Gemini Trust, the crypto exchange founded by the Winklevoss twins, to launch Gemini Dollar (GUSD). дальше »
2018-9-11 01:58 | |
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Crypto Market Takes A Bloody Hit After Goldman Sachs Scraps Crypto Plans
The crypto market is struggling to keep above the waters after Goldman Sachs decided to withdrawal its support for plans to launch a crypto trading platform. The move, announced on Wednesday, has sent market prices for cryptocurrencies, including the popular ones like Ethereum and Bitcoin, on a downward spiral. дальше »
2018-9-6 16:43 | |
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Shamed Bitcoin Fraud Alexander Vinnik Sent To Russia
The Supreme Court in Greece has allowed the Bitcoin fraud suspect Alexander Vinnik to be sent to Russia. There are also rumours that Vinnik has beneficial information for US special counsel Robert Mueller as he looks into the alleged meddling in the Russian election. дальше »
2018-9-6 13:30 | |
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Bitcoin Hits $24,000 In Iran After Government Okays Mining
The world’s most expensive bitcoin core (BTC) price is in Iran. A combination of high foreign currency demand, economic sanctions and an improved regulatory environment – with some speculation – have sent the price of the leading digital currency skywards. дальше »
2018-9-6 04:05 | |
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Indian Securities Regulator Sends Officials to Japan, Switzerland and the UK to Study Cryptos
After the Indian central bank, the Reserve Bank of India (RBI) penned a ban on banking services to crypto-related entities, Indian market regulator Securities and Exchange Board of India (SEBI) has geared up to study digital assets more effectively. дальше »
2018-9-6 20:19 | |
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Indian Officials Visit Regulators in Japan, UK, Switzerland to Study Crypto
The Securities and Exchange Board of India has sent officials to Japan, the UK, and Switzerland to study cryptocurrency and initial coin offerings from each of the three countries’ financial regulators. дальше »
2018-9-4 16:05 | |
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Elon Musk’s Twitter Account Attacked, Hacker Promises Free Cryptocurrency
An impersonator hijacked Elon Musk’s official Twitter account on August 23, 2018, promising free bitcoin and ether to his 22. 5 million followers. Tesla to Introduce BTC/ETH Payments (Not Really) Tesla Chairman and CEO Elon Musk’s official Twitter account was hacked on Thursday by a fake account. дальше »
2018-8-27 11:00 | |
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BitMEX Data Glitch Sees Bitcoin Price Temporarily at $8,000, What Happened?
One of the most popular Bitcoin exchanges in the global market has experienced a data glitch in their system which sent the price of Bitcoin from $6,500 to $8,000 within minutes. Given that no trades were executed at the $8,000 mark, it is highly likely that the sudden jump in the price of Bitcoin was. дальше »
2018-8-24 17:22 | |
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SEC Reviewing Bitcoin ETF Rejections
Earlier this week, it was reported that the United States Securities and Exchange Commission (SEC) turned down nine Bitcoin ETF proposals. The proposals came from three groups: Proshares, GraniteShares, and Direxion. дальше »
2018-8-24 09:55 | |
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Federal Trade Commission Issues Warning on Bitcoin Blackmail Scams
The U. S. Federal Trade Commission (FTC) is blowing the whistle on of a new Bitcoin blackmail scam—one purportedly targeting men with a disposition for extramarital “activity. ” According to the government’s consumer protection watchdog, allegedly unfaithful men are being sent letters by scammers demanding a “confidentiality fee,” payable in Bitcoin, in return for silence. дальше »
2018-8-23 18:00 | |
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Bullish Bitcoin MACD Suggests ETF Denial Insignificant
Crypto has taken another tumble: the SEC’s rejection of nine Bitcoin ETFs sent the markets plunging in value. Around $10bn was wiped from the total value; bitcoin (BTC) saw a $300 drop over the few hours before and after the announcement. дальше »
2018-8-23 16:57 | |
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Earning BTC By Shopping Online
You’ve heard of paying for products online using Bitcoin, but have you heard of being PAID in BITCOIN for buying products online? You may have used a cashback service before, one that rewards customers for choosing to shop with a particular brand, by refunding them a percentage of the overall price. дальше »
2018-8-14 08:00 | |
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French Graffiti Artist Brings Bitcoin QR Code Tipping To The Streets Of Paris
The Parisian artist, Pascal Boyart, has made headlines this week, boosting his fame and finances in style by introducing his own unique tipping system to his pieces of artwork. By adding a QR code to his projects, crypto savvy patrons of his art can scan and sent cryptocurrency to the artists digital wallet. This QR […] дальше »
2018-8-13 19:38 | |
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Lightning Network Payment System “SparkSwap” Makes Its Official Debut
A new way to trade bitcoin and digital currencies is now in the books. SparkSwap is the first crypto exchange to be built on the Lightning Network. It allows users to trade both bitcoin and altcoins in seconds without depositing assets with a third party. дальше »
2018-8-10 18:32 | |
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Credible CBOE Insider: VanEck/SolidX Bitcoin ETF has 99% Chance For Approval After SEC’s Delayed Decision
Legit CBOE Insider Continues to Be Positive After Bitcoin ETF Delay, Source Suggests There’s a “99%” Chance of VanEck SolidX Bitcoin ETF Approval Earlier this week, the United States Securities and Exchange Commission (SEC) sent cryptocurrency markets plummeting when it delayed the decision on one of the most promising ETFs in the crypto space. Despite […] дальше »
2018-8-9 19:02 | |
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Altcoins bleed as crypto markets fall to new 2018 low
The entire crypto market seems to be behaving like one big pump and dump at the moment. A brief rally sent Bitcoin climbing over 25% in July only to dump it all again on an anticipated announcement by the US Securities and Exchange Commission. дальше »
2018-8-8 13:57 | |
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New Partnership Designed to Securely Track Precious Metal Trades
Financial technology firm Paxos has formed a partnership with INTL FCStone Inc’s precious metals division. The department will now be using Paxos Confirmation Service — a tool built specifically for the precious metals arena — to instantly automate daily trade confirmations and reduce human error. дальше »
2018-8-9 18:15 | |
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$26K worth of cryptocurrency Bitcoin sent to controversial activist Tommy Robinson
Tommy Robinson has been in the news always for his controversial statements and stands. Around two months ago Tommy Robinsons’ violated a contempt of court and had to undergo the brief imprisonment at a local jail. дальше »
2018-8-7 01:55 | |
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Roger Ver Sends Jeju Island Governor $100 Worth in Bitcoin Cash, Rule Violated?
Roger Ver Sent $100 in Bitcoin Cash to the Governor of Jeju Island, Was it a Violation of the Local Policy? A prominent cryptocurrency investor known as Roger Ver recently sent $100 worth of bitcoin cash to the governor of Jeju Island, Won Hee-Ryong, at a public event, something that raises the question whether there […] дальше »
2018-8-6 19:44 | |
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Bitcoin Price Analysis: Buy the Rumor, Sell the News
Bitcoin price continues to deflate after last week’s BTC ETF rejection. By now most traders will want to know whether or not this is a short-term bear trend, or if BTC is returning to the $6k range indefinitely. дальше »
2018-8-4 14:00 | |
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The Bitcoin Cash Network Processed 687,000 Transactions on August 1st
Over the last day, BCH proponents have been celebrating the ‘Bitcoin Cash Independence Day’ which marks the anniversary of the August 1 blockchain split that took place a year ago. During festivities, the BCH community sent a ton of transactions over the course of the day and on August 1, 2018, the Bitcoin Cash network […] The post The Bitcoin Cash Network Processed 687,000 Transactions on August 1st appeared first on Bitcoin News. дальше »
2018-8-3 22:45 | |
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Bitcoin Suffers Price Decline as Bearish Trend Takes the Upper Hand
The cryptocurrency market was sent tumbling on Tuesday (July 31, 2018) prices of coins declined significantly. The price dip effectively wiped out most of the gains earned in July. Only a handful of the top 100 coins like BNB survived the bleeding market condition that began yesterday and has continued as at press time. дальше »
2018-8-1 14:50 | |
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Reddit Co-Founder Signals Optimism for Bitcoin, Pins 20k by the End of the Year
Bitcoin went above the $8,000 mark recently as news about a potential Bitcoin ETF launch sent positive vibes across the market. This was the first time the world’s premier cryptocurrency got over the massive resistance it had been facing since May and gave positive news. дальше »
2018-7-26 17:54 | |
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Bitcoin.com Try Strong-Arm Tactics to Promote Bitcoin Cash Adoption
Roger Ver and Bitcoin. com are brandishing the weight of the domain name in the latest attempt at market manipulation — as it appears that they have a new policy of delisting exchanges which do not support BCH, as highlighted by Reddit user “ecurrencyhodler” yesterday. дальше »
2018-7-26 20:00 | |
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Notes on Blockchain Governance
In which I argue that “tightly coupled” on-chain voting is overrated, the status quo of “informal governance” as practiced by Bitcoin, Bitcoin Cash, Ethereum, Zcash and similar systems is much less bad than commonly thought, that people who think that the purpose of blockchains is to completely expunge soft mushy human intuitions and feelings in favor of completely algorithmic governance (emphasis on “completely”) are absolutely crazy, and loosely coupled voting as done by Carbonvotes and similar systems is underrated, as well as describe what framework should be used when thinking about blockchain governance in the first place. дальше »
2018-7-21 23:03 | |
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Chaincode Devs, Google Alumni Create Industry Group to Help Bitcoin Scale
Scaling has been a heated topic for the bitcoin community for some time. Further, even when a technology does become available, getting people to use it becomes the next big hurdle. дальше »
2018-7-20 17:33 | |
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BMW Now Accepts Bitcoin As Payment
If you are looking to purchase a brand-new BMW any time soon then you’re are in luck as Stephen James BMW now accepts Bitcoin as a valid payment for the vehicle! There are many things that holders can spend their Bitcoin on, for example, Jewellery and now it seems you can by a red-hot beamer from the German car manufacturer in London and Kent in the UK. дальше »
2018-7-19 23:00 | |
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Op Ed: Addressing the Threat of Cryptomining Malware
One major class of attacks to hit the hacking landscape recently is cryptomining. While cryptomining on its own supports a good cause when being done consciously, it also allows nefarious actors to make a lot of money fast, and, with the sheer number of cryptocurrencies available to mine, it is becoming a popular choice for attackers. дальше »
2018-7-18 23:18 | |
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Abra Announces New Credit Card Payment Options for Bitcoin Purchases
Bitcoin payment startup Abra has announced the addition of Visa and Mastercard payment options for buying bitcoin on its platform. The new payment option is in partnership with fintech company Simplex, per the company’s blog post. дальше »
2018-7-13 00:38 | |
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Bitcoin [BTC] holder loses all his coins from Binance
Binance is facing another major setback with a Reddit user reportedly losing all his Bitcoin [BTC]s after transactions were resumed on the exchange. The Reddit user stated: “Ok, they just respond, they ask some information and I sent. дальше »
2018-7-7 09:08 | |
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Copy & Pasting A Wallet Address Could Mean Bye Bye Bitcoin
A new report out by Naked Security, a blog produced by the cybersecurity firm Sophos has surfaced which discusses how certain malware on your machine could be editing copy and pasted wallet addresses for the financial gain of others. дальше »
2018-7-6 10:00 | |
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Syscoin: Chain “Fully Operational as per Design” After “Irregular” Trade Activity
On July 3, 2018, Binance suspended all trading and withdrawal services due to "irregular" Syscoin (SYS) trades carried out "from a number of API users. " The exchange has since resumed all activities, according to a blog post. дальше »
2018-7-5 20:11 | |
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Syscoin Hack Disrupts Binance Prompting Temporary Shutdown
Syscoin has been hit by an unusual hack that has manipulated the coin’s total supply. The attackers then sent the fraudulently generated coins to Binance and sold them, pushing the price of 1 SYS to as high as 96 BTC. дальше »
2018-7-4 14:50 | |
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