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Pakistan to Set up Two State-Owned Bitcoin Mining Farms to Help Boost Economy
The government of Khyber Pakhtunkhwa (KP), the third largest of Pakistan’s four semi-autonomous provinces, is setting up two state-backed bitcoin mining farms, local media reported last week. Ziaullah Bangash, advisor to the chief minister of KP on Science and Information Technology, said the provincial parliament passed a bill allowing the KP government to use its […] дальше »
2021-1-14 10:30 | |
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Bitcoin Trends on Twitter Amid Mass Media Coverage Around New ATH
Bitcoin just hit a new all-time high on top exchanges such as Binance and Bitstamp. This was marked by an influx of retail interest in the cryptocurrency, as many mainstream media outlets reported on BTC hitting new all-time highs. дальше »
2020-12-1 10:10 | |
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Korea’s National Assembly Suggests Delaying Income Tax Rule on Crypto Assets to Jan 2022
South Korean lawmakers have allegedly proposed to delay the upcoming income tax rule on crypto-assets by three months from its scheduled commencement date in October 2021. According to the Dong-a Ilbo, a South Korean media which first reported this news, the law might come into effect later in January 2022. дальше »
2020-11-26 20:59 | |
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China’s Digital Currency to Roll-Out In A Second City After Successful Trials In Shenzhen
On Monday, local Chinese media The Paper reported that the district of Suzhou in Xiangcheng would launch a lottery to give away the country’s central bank digital currency (CBDC) in a bid to test the real-use cases of the digital currency. дальше »
2020-11-23 20:50 | |
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Russian Public Officials Must Now Declare Their Crypto Holdings as Income
Public officials in Russia will now be required to declare all the crypto assets they hold as income. The measures are with effect from Jan. 1, 2021, local media reported. Russia’s prosecutor general Igor Krasnov declared: “Starting next year, civil servants will be required to declare [virtual] currencies on an equal basis with other assets. дальше »
2020-10-24 09:30 | |
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Foreign Crypto Exchanges Like Paxful, Binance to Pay 1.5% Tax Under Kenya’s New Regulations
The Kenya Revenue Authority (KRA) has clarified that its planned digital service tax (DST) will be applicable to cryptocurrencies at a rate of 1. 5% on gross transaction value, local media reported. дальше »
2020-10-16 17:00 | |
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Israeli Lawmakers Plan to Exempt Bitcoin From Capital Gains Tax in Draft New Law
Israeli lawmakers have proposed in a draft new law to treat bitcoin as a currency instead of an asset for tax purposes, local media reported. According to a report from Globes, four legislators from the Yisrael Beiteinu political party presented the Income Tax Ordinance (Taxation of the Sale of Digital Currencies) bill in the Israeli […] The post Israeli Lawmakers Plan to Exempt Bitcoin From Capital Gains Tax in Draft New Law appeared first on Bitcoin News. дальше »
2020-9-26 02:00 | |
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Russia’s new crypto laws require users to report their wallets
Russia’s Ministry of Finance has prepared a new version of Russia's laws that introduce stringent measures regarding the usage of crypto wallets, a local media outlet RBK, reported today. The announThe post Russia’s new crypto laws require users to report their wallets appeared first on AMBCrypto. дальше »
2020-9-25 22:30 | |
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Court Enforces Seizure of Korean Crypto Exchange Bithumb’s Shares
South Korean regulators have seized the share of the local cryptocurrency exchange Bithumb from its major investor. The move has been in connection with an ongoing case of the exchange for allegedly defrauding its clients, reported local media. дальше »
2020-9-17 20:27 | |
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Russian Parliament Pushes Forward With the Waves-based Blockchain Voting; Despite ID Issues
First reported by Russian media, Kommersant, the newspaper, highlighted that Yaroslavskaya and Kurskaya parliamentary elections scheduled for September 13 would leverage this blockchain solution for remote voting. дальше »
2020-9-4 22:13 | |
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The Trials of China’s DCEP Focusing on Retail Transactions: Report
The experimental test of China’s sovereign digital currency is currently focused on small retail transactions and hasn’t expanded to large volume transactions yet, said the country’s central bank as reported by local media. дальше »
2020-8-24 19:28 | |
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Iran Shuts Down 1,100 Illegal Bitcoin Miners; Whistleblowers Rewarded $2,400
Iran’s Power Generation, Distribution, and Transmission Company (Tavanir) has reportedly shut down 1,100 illegal bitcoin mining farms in the country, local media reported. Whistle-blowers tipped off authorities on unauthorized miners following a July announcement of rewards including 100 million rials (about $2,400). дальше »
2020-8-23 16:30 | |
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Australian Woman Jailed Two Years for Stealing $300,000 Worth of XRP
An Australian hacker who stole 100,000 units of the XRP cryptocurrency has been sentenced to a maximum of two years and three months in jail, local media reported. Kathryn Nguyen hacked the crypto account of a 56-year old man in January 2018. дальше »
2020-8-13 10:00 | |
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Famous Malaysian Actor Fined for Stealing $50,000 Worth of Crypto From His Producer
A Malaysian court has fined famous local actor Mas Khan $4,000, or 26 months in jail, for stealing around $50,000 worth of cryptocurrency belonging to his producer, local media reported. Khan appears to have gained access to his boss’ Datuk A. дальше »
2020-7-9 04:34 | |
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Russian Court Dismisses 100 BTC Theft, Says Cryptocurrencies Have “No Legal Status”
A Russian media outlet has reported a case of cryptocurrency theft which was waved off by a court in Russia. The Petrograd District Court of St. Petersburg made its ruling on the 30th of May as it brought the case to a close by ruling only partially, in favor of the victim. The origin of […] дальше »
2020-7-6 23:35 | |
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Swiss Government Rejects $103 Million Bailout for Crypto Companies Battered by Coronavirus
Switzerland’s government has rejected a 100 million franc ($103 million) bailout for local cryptocurrency companies battered by the coronavirus economy, local media reported. Zug finance director Heinz Taennler requested the special funding package in April. дальше »
2020-5-27 20:01 | |
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Russia Proposes Law That Criminalizes Buying Bitcoin With Cash, Offenders Face 7 Years in Jail
Russian lawmakers have proposed new laws that seek to ban the use of bitcoin (BTC) and other cryptocurrencies in the country, local media reported. According to draft bills submitted by a group of deputies to the Russian parliament recently, individuals may face up to seven years in prison and fines of up to $7,000 for […] The post Russia Proposes Law That Criminalizes Buying Bitcoin With Cash, Offenders Face 7 Years in Jail appeared first on Bitcoin News. дальше »
2020-5-24 04:05 | |
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Reddit Just Rolled Out an Ethereum-Based Crypto to Over 20 Million Users
Last month, as reported by NewsBTC, leaked screenshots suggested that Reddit was dabbling in Ethereum. Information shared by a user named “MagoCrypto” indicated that the giant social media forum with hundreds of millions of active users had attached an Ethereum address to the accounts of a limited set of users. Mago suggested that from the... дальше »
2020-5-14 01:46 | |
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Switzerland’s Famed “Crypto Valley” Seeks $103 Million Government Bailout
Switzerland’s “crypto valley” is asking the government for 100 million Swiss francs ($102. 7 million) in funding, local media reported. The once flourishing Swiss cryptocurrency industry is struggling to survive following the withdrawal of private equity investors. дальше »
2020-4-29 14:55 | |
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ShapeShift Acquires Self-Custodian Crypto Wallet Portis; New Office to Open in Tel Aviv
ShapeShift, a US-based self-custodial crypto exchange has acquired Israeli non-custodial crypto wallet Portis, as reported by Israeli media platform – Globes. The Crypto exchange did not reveal the financial details of the acquisition. дальше »
2020-4-15 16:45 | |
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Vimeo Steps in to Protect Users from Targeted Ransomware Attacks
Vimeo, one of the most popular video-sharing platforms, has announced that several user accounts are at risk of being compromised by malicious actors. Online news media The Register reported that one of their readers had gotten a notification from Vimeo that his account had been inappropriately accessed by a third-party and frozen as a result. дальше »
2020-3-19 04:10 | |
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Severelectro Exec: Crypto Miners Have Been Suspended Kyrgyzstan Since September
It’s been over six months since Kyrgyzstan suspended cryptocurrency mining companies in the country, reported a local media outlet. Before the ban, crypto mining companies had been receiving electricity directly from the Bishkek CHPP and the National Electric Network of Kyrgyzstan. дальше »
2020-3-10 20:40 | |
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France Court Declares Bitcoin a Fungible Asset Like Money in a Crypto Ownership Dispute
Bitcoin has been declared a fungible intangible asset, which is an interchangeable good, in the Commercial Court of Nanterre, reported local media Les Echos. First, in France, the court decision allowed the legal nature of bitcoin, which was recently also declared a “Recognised Form of Investment,” by an Australian Judge in a Court Case Judgment. […] дальше »
2020-3-7 19:13 | |
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Bitcoin Social Media Engagements Climb to 2020 High
Social media engagements surrounding Bitcoin and its upcoming halving have been steadily increasing, recently reaching new highs in 2020. LunarCRUSH, a cryptocurrency data platform that provides data on the social engagement surrounding cryptocurrencies, has reported that Bitcoin social media engagements have reached 319,636,032 unique engagements. дальше »
2020-1-28 12:10 | |
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Chinese Police Seize Thousands of Miners, Arrest Dozens of Scammers
In the last couple of days, Chinese media have reported on police forces in one province of the vast Asian country seizing close to 7,000 mining rigs using stolen electricity and in another province arresting 72 multi-level marketing scheme operators for alleged fraud. дальше »
2019-12-25 02:00 | |
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CoinMetrics Data: The True Extent of PlusToken BTC Dumping on Huobi
In the last few months, media reported on several occasions that Singapore-based crypto exchange, Huobi, had processed a huge amount of PlusToken withdrawals. Crypto market data firm, Coin Metrics, has recently presented some on-chain data to back those findings. дальше »
2019-12-11 17:39 | |
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Almost 70 Crypto Funds Close This Year, Twice as Many Launch
Dozens of crypto funds, almost 70, have closed this year, a mainstream media outlet reported. And while the startling number reveals the influx of institutional investors into the crypto space might not be happening at a fast pace, it’s also worth noting that crypto fund launches are projected to reach 140 by the end of […] The post Almost 70 Crypto Funds Close This Year, Twice as Many Launch appeared first on Bitcoin News. дальше »
2019-12-6 08:00 | |
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Former Circle OTC Head Lays Out Real Reason For Bitcoin’s 2017 Pump, And It Wasn’t Tether
There have already been many news media outlets that have voiced their views of the issues concerning Tether, as big names like Bloomberg reported on the possibility that Tether has been used for price manipulation and stabilization of BTC. дальше »
2019-12-3 00:16 | |
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IMF Calls on Georgia to Evaluate Crypto Income for Trade Balance
The International Monetary Fund (IMF) recommends that Georgia include the income from crypto trade and mining in its foreign trade balance reports. IMF Welcomes More Transparency on Crypto Mining The IMF’s suggestion is quite relevant, given that Georgia is currently the 4th largest producer of digital currencies from mining operations. дальше »
2019-11-30 21:34 | |
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Chinese Local Authorities Halts the Operations of a Local Cryptocurrency Exchange BISS
Sohu, a local media house, reported on November 22 that the Chinese government closed BISS, a Chinese cryptocurrency exchange. However, the exact date of the closure remains unclear. Ten people who are believed to have been working for the exchange have also been taken into custody. дальше »
2019-11-24 20:17 | |
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Chinese Gov’t Officials To Reward Whistleblowers For Reporting Illegal Crypto Fundraisings
People who decide to denounce illegal cryptocurrency fundraisings such as Initial Coin Offerings (ICOs) in China will now be rewarded by the local authorities, as reported by Sina Finance, one of the largest business media outlets in the country. дальше »
2019-11-20 16:54 | |
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Chinese Media Warns of Companies Fraudulently Claiming Blockchain
Chinese state media has reported that local companies seem to be claiming to be using blockchain technology to boost their stock prices. Multiple firms have made statements saying that they are exploring blockchain technology. дальше »
2019-11-19 01:00 | |
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NBA’s Dallas Mavericks Ticket And Merchandise Cryptocurrency Payment Option Isn’t A Slam Dunk Yet
Dallas Mavericks basketball team’s CTO recently said in an interview that most fans aren’t yet caught up with the team’s cryptocurrency payment option. As reported by the Front Office Sports media outlet on November 14th, David Herr, Mavericks chief technical officer, said the team wants their fans to purchase merchandise and tickets in a more […] дальше »
2019-11-15 00:20 | |
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China’s Guangzhou government to subsidize local blockchain projects with $150M
The government of Guangzhou, a province in southern China, announced that it will launch a $150 million subsidy fund to aid the development of local blockchain projects. The government will selectively sponsor up to two “blockchain-related” projects per year, local Chinese media reported. дальше »
2019-10-31 23:10 | |
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Crypto community reacts to Chinese President Xi Jinping’s endorsement of blockchain
The endorsement of blockchain by Chinese President Xi Jinping created a gargantuan knock-on effect that will dramatically increase the technology’s penetration in China, reports cryptocurrency investor and Primitive Ventures founding partner Dovey Wan. дальше »
2019-10-27 02:01 | |
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Onecoin Supporters Send Vile Threats To The $5 Billion Crypto Scam Whistleblower On Social Media
A whistleblower on the cryptocurrency scam project, Onecoin, is receiving death and sexual violence threats from supporters of the project, a BBC report uncovers. Jen McAdam, an Irish crypto investor, reported the matter to the Scottish police claiming she has been receiving the threats mainly through her Facebook page. Onecoin Supporters vile Threats Reported to […] дальше »
2019-10-15 17:58 | |
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Alipay Denies Supporting Binance Fiat-to-Crypto Transactions, WeChat Blocks Them
Chinese mobile payment giant Alipay has said that it doesn’t support the purchase of cryptocurrencies on its payment platform. Alipay’s statement comes after the Chief Executive Officer of Binance, Changpeng “CZ” Zhao, said that it now supports cryptocurrency purchases via Alipay and WeChat Pay, which BeInCrypto reported on yesterday. дальше »
2019-10-11 21:24 | |
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French tobacconists to start selling shady Bitcoin coupons — again
French tobacconists are getting another chance to sell Bitcoin coupons after the scheme had to be suspended earlier this year. Local media has reported that the scheme will restart today, allowing 5,200 tobacconists to sell coupons that can be redeemed for Bitcoin. дальше »
2019-10-10 14:44 | |
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How researchers are making memes more accessible for visually impaired people
Social media, a tool once used to keep in touch with friends and family to share daily updates of your life, has seemingly evolved into an archive holding millions of memes. Whenever you scroll through Twitter or Facebook, you’re faced with a wall of meme after meme — be that the “Distracted boyfriend meme” or “Pepe the frog. дальше »
2019-10-10 14:31 | |
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Latest Social Media Research: Altcoin Mentions Drop Drastically; Bitcoin SV Tweets Down 87%
Research by cryptocurrency researchers has shown that Bitcoin SV has suffered one of its biggest plunges in October. Twitter shows that the “altcoin mention season” has drastically dropped this month, TIE reported. дальше »
2019-10-8 17:53 | |
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U.S. Congress Wants to Grill Zuckerberg Again Before January 2020
The U. S. House of Representatives wants Facebook CEO Mark Zuckerberg to appear in its Financial Services Committee to discuss the Libra cryptocurrency project before January 2020. House Committee Presses for Zuckerberg’s Testimony As previously reported by Bitcoinist, Facebook’s chief operating officer Sheryl Sandberg is set to meet with the U. дальше »
2019-10-4 15:00 | |
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XRP Price Analysis: Stuck In No Man’s Land While Another Controversy Brews Under The Hood
XRP and Ripple are a frequent and almost always hot, controversial topic in crypto news and sometimes even mainstream media. Since the price action has been stagnating and rather dull, Ripple’s branding moves have caused some stir in the XRP communities and general crypto world. дальше »
2019-10-2 22:15 | |
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Sequoia-Backed Band Protocol Releases New BitSwing dApp Allowing Bitcoin Binary Options Trading
A new blockchain startup called Band Protocol, which was recently backed by Sequoia India has just released its first decentralized application (dapp): BitSwing. According to the company, the new dapp lets the users trade BTC binary options, which are a derivative based on Bitcoin. дальше »
2019-10-1 22:25 | |
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$350 Million Bithumb Acquisition Deal Not Happening
The acquisition of South Korean bitcoin exchange Bithumb by BK Consortium has been scrapped. Bithumb Sale Hits Rocks Over Missed Payment Deadlines South Korean media outlet Hanguk Kyungjae says the proposed acquisition of Bithumb by BK Consortium may no longer go through. дальше »
2019-9-30 11:17 | |
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Cryptocurrency Might Be Treated as Treasure Under Russia’s Tax Code
Russia might implement an interesting tax method. Local media reported that the Association of Banks of Russia proposes a tax on cryptocurrency mining that is equivalent to the tax on found properties or treasures. дальше »
2019-9-27 11:00 | |
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Study: Weaponized misinformation from political parties is now a global problem
Social media, a tool created to guard freedom of speech and democracy, has increasingly been used in more sinister ways. From its role in amplifying political disinformation in elections, to inciting online violence, and lowering the levels of trust in media — Facebook isn’t just a space to share “what’s on your mind,” and you’d be naive to believe so. дальше »
2019-9-26 12:45 | |
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Wait, Facebook had ‘group stories’? Well they’re shutting it down anyway
Just nine months after introducing Stories in Facebook Groups, the social media giant is killing off the feature on September 26, at 9AM Pacific Time. The development was first reported by Matt Navara on Friday, which has since been confirmed by Facebook. дальше »
2019-9-23 11:25 | |
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