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No, Lower Bitcoin Price Won’t Start a Mining ‘Death Spiral’
A giant mining initiative sponsored by the government of Paraguay should quell fears the current Bitcoin price lows hurt the profitability of the practice. Golden Goose Will Have 15 Years’ ‘Guaranteed’ Power In a press release November 18, Korean Blockchain startup Commons Foundation confirmed authorities had “guaranteed” electricity for the Golden Goose project, which it says will be “the world’s largest cryptocurrency mining center and global exchange. дальше »
2018-11-26 14:00 | |
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First US State Officially Starts Accepting Bitcoin for Tax Payments
CoinSpeaker First US State Officially Starts Accepting Bitcoin for Tax Payments Starting from today, Ohio businesses can pay taxes with Bitcoin. The authorities will use crypto payment processor BitPay which will handle the payment in crypto and conversion to dollars for the tax office. дальше »
2018-11-26 12:02 | |
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Good News: First US State Officially Starts Accepting Bitcoin for Tax Payments
CoinSpeaker Good News: First US State Officially Starts Accepting Bitcoin for Tax Payments Starting from today, Ohio businesses can pay taxes with Bitcoin. The authorities will use crypto payment processor BitPay which will handle the payment in crypto and conversion to dollars for the tax office. дальше »
2018-11-26 12:02 | |
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BTC-e Operator Alexander Vinnik to Go on Hunger Strike, Lawyer Says
Alexander Vinnik, the suspected operator of the infamous BTC-e exchange, plans to start a hunger strike on Monday, days before his next court hearing. The Russian, who has been accused by U. S. authorities of laundering billions of dollars through the now-defunct crypto trading platform, fears he is not going to receive a fair trial. дальше »
2018-11-26 01:20 | |
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Sweden Braces For Migrant Caravan Of Norwegian Bitcoin Miners
Data center managers in Sweden are expecting a deluge of inquiries from cryptocurrency mining operations in Norway. The Norwegian authorities this week revoked energy tax subsidies for the sector, throwing the future of many companies into doubt. дальше »
2018-11-24 15:00 | |
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Your Thanksgiving Turkey’s Provenance Might Be on a Blockchain (Seriously)
Honeysuckle White is giving family and friends gathering for Thanksgiving dinner this year the opportunity to talk turkey with a traceable blockchain code on more than 200,000 turkeys sold through 3,500 retailers around the U. дальше »
2018-11-23 00:52 | |
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VanEck Subsidiary MVIS Launches Bitcoin OTC Index
MV Index Solutions (MVIS), a subsidiary of investment management firm VanEck, has announced the launch of MVIS Bitcoin U. S. OTC Spot Index (MVBTCO), a bitcoin-based index and the first one that monitors the performance of bitcoin across established over-the-counter (OTC) platforms in the U. дальше »
2018-11-22 17:35 | |
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Colorado Regulator Issued Orders Against 18 ICOs, With More on the Way
The U. S. authorities appear to have greatly increased their focus on initial coin offerings (ICOs). In addition to the big federal bodies that are going after them on a national level, projects are also being targeted by regulators in states such as Colorado, where another another four were put on notice on Tuesday. дальше »
2018-11-22 17:25 | |
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US Authorities Arrest “SIM-Swapping” Crypto Hacker for Involvement in $1 Million Funds Heist
A 21-year old U. S. citizen has been arrested after being accused of stealing $1 million in cryptocurrencies. Apparently, the suspect used a technic known ‘SIM-swapping. ’ The information was released by the New York Post on November 20. дальше »
2018-11-22 09:01 | |
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Bitcoin beatdown ‘victim’ jailed for $1M cryptocurrency theft
Remember that kid that got tortured by his friends in an attempt to steal his Bitcoin about a month ago? Well, turns out he may have actually made his cryptocurrency fortune by stealing it from a Silicon Valley exec, after pulling an elaborate SIM-swapping scheme. дальше »
2018-11-21 14:28 | |
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Catalonia Turns to Blockchain Technology For Electronic Voting System
Catalonia, an autonomous community, located in northeastern Spain may be looking to adopt distributed ledger technology (DLT) for external e-voting, to make it easier for citizens residing outside the region to participate in the electoral process, according to local news source La Vanguardia on November 19, 2018. дальше »
2018-11-21 05:00 | |
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Op Ed: SEC’s Latest Declaration Creates Legal Minefield for Digital Assets
On November 16, 2018, the U. S. Securities and Exchange Commission (SEC) issued a public statement clarifying its intent to regulate activities involving the issuance and trading of digital assets. дальше »
2018-11-21 01:44 | |
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US ‘Investigating’ If Tether, Bitfinex ‘Illegally Moved’ Bitcoin Price to $20K
Bitcoin’s latest price plunge has coincided with fresh scrutiny of stablecoin Tether and exchange Bitfinex almost a year after both received subpoenas from US authorities. DoJ ‘Homing In’ On Tether, Bitfinex As Bloomberg reports November 20 citing “three people familiar with the matter,” Tether and Bitfinex, which share a CEO, are under suspicion of market manipulation. дальше »
2018-11-21 23:00 | |
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State regulator orders fraudulent Russian cryptocurrency out of North Dakota
Financial regulators of North Dakota have ordered a dodgy Russian cryptocurrency company to cease and desist operations in the state, after discovering it had impersonated a bank in Liechtenstein to falsely market an initial coin offering (ICO). дальше »
2018-11-20 20:00 | |
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US Department of Justice is investigating Tether for market manipulation
It seems US authorities aren’t yet done with controversial cryptocurrency Tether. The ‘USD-backed’ stablecoin is now being probed by the country’s Justice Department, according to a Bloomberg report. дальше »
2018-11-20 15:00 | |
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U.S. Authorities Sentence Bitcoin Criminal to 15 Months Imprisonment
Joseph Kim, a 24-year old Phoenix, Arizona resident has been sentenced to one and half year in jail for defrauding his former employers, Consolidated Trading and friends over $1 million in bitcoin (BTC) and litecoin (LTC), using the funds for his personal enrichment, reported Finance Magnates on November 18, 2018. дальше »
2018-11-20 08:00 | |
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New Cryptocurrency-Based ETP Arrives in Switzerland
Amun AG, a startup in Zug, Switzerland, has received a license from Swiss authorities to offer a new cryptocurrency exchange-traded product (ETP). An ETP is a blanket term to denote a security that derives its price from an underlying asset (e. дальше »
2018-11-20 02:50 | |
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Europe’s First Regulated Crypto Custody Service ‘MultiWallet’ Launches at Malta Blockchain Summit
Multiwallet is a digital storage software system that is the first custody service in Europe. The service is regulated by two authorities. First, the Malta Digital Innovative Authority and second, the Malta Financial Services Authority. дальше »
2018-11-20 02:30 | |
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China’s Ping An Insurance Firm Partner With Sanya City Authorities to Build DLT-Powered Smart City
Ping An Insurance Group, a highly reputed China-based insurance corporation has joined forces with the Sanya municipal government to develop a “smart city” that would be powered by blockchain technology, artificial intelligence (AI) and other new technologies,” according to a local news source, People’s Daily on November 14, 2018. дальше »
2018-11-18 00:00 | |
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Recent Poland Income Tax Regulations Amendments Require Crypto Profits To Pay 19% In Taxes
Recent Amendments To Income Tax Regulations in Poland Require Crypto Profits To Pay 19% in Taxes The taxation of cryptocurrency profits has been a hot topic for many countries that are looking to regulate the space. дальше »
2018-11-17 18:55 | |
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Drone assassination attempts are a reminder that better legislation is needed
In early August an assassination attempt on Venezuelan President Nicolas Maduro served as a jarring wake up call that the possibility of a drone attack against a public figure or civilian is real. дальше »
2018-11-17 17:30 | |
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Crimea to Set Up Blockchain University to Help Countries Evade U.S. Sanctions
Crimea, a disputed territory between Ukraine and Russia, is heading towards the creation of an international center for blockchain technology. Authorities in the Crimean Peninsula regard blockchain technology as a solution for states under international sanctions. дальше »
2018-11-17 16:30 | |
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Estonia Issues Over 900 Licenses to Cryptocurrency Businesses
In less than a year since Estonia introduced licensing for companies operating in the cryptocurrency industry, the number of licenses issued has surpassed 900. Authorities in the Baltic country have adopted a rather progressive approach to regulating the crypto space but startups have complained that local banks are still reluctant to offer them regular services. дальше »
2018-11-17 12:15 | |
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Taxman could collect millions within 48 hours of Bitcoin Cash fork
CryptoNinjas One of the least talked about but most significant consequences of the Bitcoin Cash fork will be the tax authorities collecting millions from the individuals involved, according to cryptocurrency taxation experts NODE40. дальше »
2018-11-15 21:43 | |
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Report: Microsoft’s enterprise products covertly gather personal data on users
Microsoft collects and stores personal data about the behavior of individual users of its enterprise offerings on a large scale, without any public documentation — according to a new report by Privacy Company. дальше »
2018-11-15 16:11 | |
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IMF Head Makes Case for Central Bank Digital Currencies In Recent Speech
With contributing reporting from Jimmy Aki. Christine Lagarde, head of the International Monetary Fund (IMF), suggested a new course of action for central banks around the world: turn their fiat currencies digital. дальше »
2018-11-15 22:38 | |
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FarmaTrust Blockchain Project Joins Forces with Government of Mongolia to Eradicate Fake Drugs
FarmaTrust has announced its alliance with Mongolian authorities to fight against counterfeit drugs with its highly functional blockchain-based tracking solution. FarmaTrust, a formidable force in pharmaceutical supply chain security ecosystem is collaborating with the government of Mongolia to launch its debut distributed ledger technology powered track and trace project in the pharmaceutical industry, to eliminate […] The post FarmaTrust Blockchain Project Joins Forces with Government of Mongolia to Eradicate Fake Drugs appeared first on ZyCrypto. дальше »
2018-11-15 22:36 | |
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8 arrested for running $68M cryptocurrency Ponzi scheme in Japan
Japan has another cryptocurrency scam to recover from as police have arrested a group suspected of running a cryptocurrency pyramid scheme. Today, Tokyo police arrested eight men thought to be connected to a Ponzi scheme that collected over $68 million in cryptocurrency from around 6,000 people, local news the Asahi Shimbun reports. дальше »
2018-11-14 19:02 | |
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Crypto-Related Scam Targets Muslims with Halal Investment Offerings in India
India’s authorities have recently revealed a nearly year-old Ponzi scheme involving digital coins investments without the consent of investors and a kickback to a high-ranking politician with the aim to whitewash the fraud. дальше »
2018-11-14 00:18 | |
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Iran Disconnected From SWIFT, to Launch State Backed Crypto Rial
Global provider of secure financial messaging services, SWIFT, has ousted the Central Bank of Iran (CBI) from its financial banking system. The US-led sanctions will make it difficult for Iran to settle its international deals. дальше »
2018-11-13 18:00 | |
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Opinion: bitcoin ETF and Bakkt will lead to cryptocurrency market centralization
Jackson Palmer, the creator of Dogecoin, criticized the aspirations of many crypto enthusiasts who are waiting for large institutional organizations to enter the cryptocurrency market. According to him, their appearance will deprive the cryptocurrency world of its main advantage. дальше »
2018-11-14 14:22 | |
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CFTC Says Bitcoin Trader Who Lost $1.1M Will Serve 15 Months in Jail
The Commodity Futures Trading Commission (CFTC) revealed that a former employee of Consolidated Trading will serve 15 months in jail and pay $1. 1 million for Bitcoin fraud. Employer Tipped Off Authorities According to sources including US regulator the Commodity Futures Trading Commission (CFTC) and a social media commentator citing “people close” to the matter, Joseph Kim lost CT over $600,000 through stealing money to finance cryptocurrency trades gone wrong. дальше »
2018-11-12 14:00 | |
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Mid-Term Elections Bring In Many Pro-Blockchain Politicians To Congress And State Governments
The mid-term elections allow the United States to make some changes to the Congress and state authorities. On these elections, 36 governor seats, 435 House of Representatives seats, and approximately a third of the 100 Senate seats. дальше »
2018-11-12 12:18 | |
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Are security tokens the new standard? What is the difference between security vs. utility tokens
Cryptocurrencies have been under the hawkish eye of tax authorities all around the world for quite some time. Just recently, the spotlight became even brighter when US Congress and Securities and Exchange Commission held hearings with various financial and crypto experts. дальше »
2018-11-12 02:25 | |
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Vietnam at Crossroads on Cryptocurrency Regulations
Vietnamese authorities are still considering their approach to regulating the cryptocurrency space. The Ministry of Justice has put forward several alternative solutions and the Ministry of Industry and Trade has expressed its opposition to the ban on imports of mining equipment. дальше »
2018-11-11 22:00 | |
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Korean Exchange Terminating After Regulator Crackdown
Cryptocurrency exchange Zeniex has announced that it is terminating all services after South Korea’s financial authorities started cracking down on unauthorized crypto funds. The exchange is asking its customers to withdraw their cryptocurrencies before the end-of-service date. дальше »
2018-11-11 10:10 | |
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Deltec Bank & Trust Issues Public Denial of Venezuelan Money Laundering Scheme Involvement
Deltec Bank & Trust has been the recipient of a lot of bad publicity in the last few weeks, between their alleged association with a recent money-laundering scheme involving Venezuela. In a statement issued to Tribune Business, Deltec maintained their lack of involvement, following a report that the US federal authorities intended to seize the […] дальше »
2018-11-10 05:48 | |
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EtherDelta Blow: $400,000 Fine For DEX Founder
America’s Securities and Exchange Commission, has successfully charged the founder of the token trading platform, EtherDelta. This is the first time that the US regulator has ever brought legal proceedings against a crypto exchange. дальше »
2018-11-8 19:28 | |
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UK joins Japan and US with plans to update crypto tax guidance
Tax authorities from influential jurisdictions are planning to make life easier for crypto tax-payers дальше »
2018-11-8 15:00 | |
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French authorities are pushing a 30 percent flat-rate Bitcoin tax
French regulators are realigning the taxes imposed on hodlers of Bitcoin and other cryptocurrencies. The French finance commission supported plans yesterday that will see capital gains tax applied to cryptocurrencies brought in line with other capital gains tax, Reuters reports. дальше »
2018-11-8 13:31 | |
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Mauritius Regulator to Provide Licenses to Digital Asset Custodians
The authorities in the island nation of Mauritius plan to start issuing custodian licenses to companies holding digital assets on behalf of clients. The financial regulator said the existing licensing regime is not suited for that purpose, although licensees under the new rules will have to comply with similar requirements. дальше »
2018-11-7 16:00 | |
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ECB Shuts Down Maltese Bank Over Schemes to Launder Money and Evade US Sanctions
Malta’s Pilatus Bank has been shut down by the European Central Bank (ECB). Its banking license was revoked after its chairman was charged in the U. S. with money laundering and organizing a scheme to evade U. дальше »
2018-11-7 10:35 | |
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China has a new surveillance tool that identifies citizens by how they walk
Chinese authorities have begun deploying a new surveillance tool designed to identify people by how they walk, or the shapes of their body. Adding to the already staggering number of surveillance cameras — many of which use bleeding edge optics and facial recognition technologies — China is already using the tool on the streets in its two largest cities, Beijing and Shanghai. дальше »
2018-11-7 04:07 | |
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Recover My Bitcoins Or I’ll Blow Up Miami Airport: Indian Teen Threatens FBI
Scams are nothing new in the crypto industry. From ICOs that received money and then vanished to trading sites that went down with investors’ funds, there is no shortage of people who’ve lost their hard-earned money in their pursuit of the Bitcoin millions. дальше »
2018-11-7 04:02 | |
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Thai Authorities Set to Use Blockchain Technology To Fight Tax Evasion
In a bid to curb the menace of tax evasion and ensure workers pay their correct tax amounts, Thailand’s Revenue Department has announced it would use distributed ledger technology (DLT) and machine learning for tax avoidance probes, according to a Bangkok Post report on November 5, 2018. дальше »
2018-11-6 12:00 | |
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Cryptocurrency Hackers Arrested in Turkey
Turkish authorities recently arrested a gang of cryptocurrency hackers for hacking victims’ digital currency wallet via sim swap. Sim Swapping Cryptocurrency Syndicate Busted The Turkish authorities recently arrested a group of eleven suspects involved in a virtual currency hack via sim swapping. дальше »
2018-11-6 07:19 | |
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Indian teen threatens to blow up Miami airport to avenge stolen Bitcoin
A high school student has been charged by authorities in India for threatening to blow up the Miami airport. The eighteen year old boy was unhappy with the US investigation agency FBI for not helping him recover a sum of Bitcoin he lost to a US-based fraudster. дальше »
2018-11-5 12:30 | |
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