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Bitcoin Futures Continue Being a “Buyers Beware” Market for Investors in Hong Kong
Ambiguity regarding cryptocurrency regulations in Hong Kong continues to be an Achilles heel for investors in the new asset class, as they cannot officially seek the help of the state’s financial regulator for redressal, reports South China Morning Post, November 26, 2018. дальше »
2018-11-27 00:00 | |
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Ohio Passes Law to Facilate Payment of Tax Through Bitcoin
While the crypto market continues to see an abundance of red on the charts, it received a massive nod of approval on November 25, 2018. The Wall Street Journal reports the U. S. state of Ohio is set to become the first in the country to allow payment of taxes through bitcoin. дальше »
2018-11-26 18:00 | |
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Bitcoin Price Crash Forces the Chinese Miners to Sell Their Equipment As Junk
It is not only the HODLers who are affected by the recent dip in the price of bitcoin, as a report by International Times, published November 23, 2018, posits that cryptocurrency miners in China are selling their expensive mining rigs at giveaway prices. дальше »
2018-11-25 00:00 | |
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Norway: Government Removes Electricity Subsidy for Bitcoin Mining Facilities
According to a report published by Norway’s largest distributed newspaper Aftenposten to November 21, 2018, the Scandinavian country’s government has decided to do away with electricity subsidy provided to bitcoin mining entities. дальше »
2018-11-24 15:00 | |
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India: Police File Chargesheet in $1.4 Million Bitcoin Scam
A businessman from Chandigarh, India, has lost approximately $1. 4 million in a fraud masked as a potentially profitable bitcoin investment, reported The Times of India on November 22, 2018. During the police investigation, four people in total were arrested, one potentially being the key figure in the fraud and the other three his accomplices. дальше »
2018-11-24 20:00 | |
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Fusion Foundation’s Payable Staged Network Set to Launch in December 2018
Fusion (FSN), a decentralized, blockchain technology-based protocol for financial solutions, announced the launch of its upcoming Payable Stage Network (PSN), which will facilitate cross-border, cross-ledger, and cross-asset transactions, per a Medium post, November 20, 2018. дальше »
2018-11-22 18:00 | |
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Busted: Manhattan 21-Year old Arrested For $1 Million Cryptocurrency Theft
Nicholas Truglia, a 21-year old con man, residing in Manhattan, New York, was arrested by the local police at his apartment for hacking into others mobile phones to steal cryptocurrencies, reports New York Times on November 20, 2018. дальше »
2018-11-22 10:00 | |
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North Korea: Blockchain Technology and Cryptocurrency Conference to Be Held in April 2019
North Korea is set to host an international blockchain and cryptocurrency conference in April 2019, reports Independent UK, November 20, 2018. The conference will also see its attendees revel a seven-day tour of the country. дальше »
2018-11-22 03:00 | |
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Get Social Trading Expertise with GoCopyTrade Trading Platform
While the idea of social trading is a novice one, it has witnessed exponential growth in recent times. Mirroring the trading strategies of one’s favorite investors sounds exciting enough, and then there’s the potential of making money out of it. дальше »
2018-11-22 22:30 | |
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Nouriel Roubini: Central Bank Digital Currencies Will Destroy Cryptocurrencies and Blockchain Technology
According to an op-ed published November 19, 2018, by world-renowned economist Nouriel Roubini aka “Dr. Doom,” central bank digital currencies (CBDCs) could potentially replace cryptocurrencies in the near future. дальше »
2018-11-21 02:00 | |
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Cryptocurrency Exchange Huobi Creates a Communist Political Commitee
Huobi, the third largest cryptocurrency exchange platform by trading volume has set up a communist party committee; a moved dubbed as a “milestone” by the company founder, reports South China Morning Post, November 19, 2018. дальше »
2018-11-19 20:00 | |
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Switzerland OKs HODL: World’s First Cryptocurrency ETF to Launch Next Week
In a historic decision amidst the crypto bloodbath, Swiss cryptocurrency startup Amun AG has been given the go-ahead to list a crypto index fund on Europe’s fourth-largest stock exchange, SIX Swiss Exchange. дальше »
2018-11-19 13:00 | |
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European Central Bank Executive Dubs Crypto “Evil Spawn” of Financial Crisis
An executive board member of the European Central Bank (ECB), Benoit Coeure, dealt a verbal blow to bitcoin and the infant cryptocurrency industry when he termed the digital currency “a combination of a bubble, a Ponzi scheme, and an environmental disaster,” per a report by Bloomberg, published November 15, 2018. дальше »
2018-11-19 09:00 | |
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U.S. SEC Opens Investigation into Salt Lending and Former Director Eric Voorhees
Shapeshift CEO Eric Voorhees and cryptocurrency loans startup Salt Lending Ltd. is under investigation by the U. S. Securities and Exchange Commission (SEC) concerning its $50 million ICO in 2017, per a Wall Street Journal article, published November 15, 2018. дальше »
2018-11-19 01:00 | |
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NVIDIA Q3 2018 Earnings Report Solidifies Drying Crypto Mining Business
American technology company NVIDIA released its Q3 2018 earnings report on November 15, 2018, which states that the company’s graphics processing units (GPU) sales among cryptocurrency miners has plummeted a great deal since Q4 2017 cryptocurrency boom. дальше »
2018-11-18 15:00 | |
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Xerox Awarded Patent for DLT-based Electronic Document Verification System
According to a patent filing published November 13, 2018, by the U. S. Patent and Trademark Office (USPTO), American print and digital documents solutions company Xerox has won a patent for a DLT-based auditing system that tracks revisions to electronic documents. дальше »
2018-11-17 22:00 | |
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Lightning Network Achieves Another Milestone as it Surpasses 4,000 Nodes
According to 1ML. com, a search engine dedicated solely to Lightning Network metrics, the second layer, off-chain scaling solution for bitcoin has reached a new milestone, as it passed 4000 nodes for the first time at press time, November 14, 2018. дальше »
2018-11-16 16:00 | |
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Ether Mining no Longer Profitable as Hashrates Decline
Mining the cryptocurrency ether (ETH) using high-powered computer systems is no longer profitable, stated a CNBC report on November 13, 2018. Individual Mining no Longer Profitable If a recent report by CNBC is to be believed, cryptocurrency’s gold mining days might be a story of the past, as the activity is no longer a profitable one. дальше »
2018-11-16 10:00 | |
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U.S. Trader Fined $1.1 Million and Sentenced to 15 Months for Commiting Bitcoin Fraud
According to a report by Bloomberg, published November 13, 2018, U. S. resident named Joseph Kim has been fined $1. 1 million and sentenced to 15 months in prison for orchestrating fraudulent schemes related to bitcoin (BTC), and litecoin (LTC), thus duping his employer and several other customers of their money. дальше »
2018-11-16 00:00 | |
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Amazon Bags Patents Related to Cryptography and DLT Data Storage
According to the U. S. Patent and Trademark Office, the Jeff Bezos-led Amazon has won two patents related to cryptography and leveraging the DLT storage functionality. The two patents were published online, November 13, 2018. дальше »
2018-11-15 18:00 | |
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Report: Cryptocurrency Mining Attacks Likely to Surge in the Future
Kaspersky Lab’s cyber threat and research arm Securelist published a report on November 13, 2018, which provides details on the rising trend of cyber attacks on cryptocurrency exchanges in Q3 2018. The report also mentions prominent cyber attack groups including Lazarus as well as observing massive growth in crypto mining attacks. дальше »
2018-11-15 10:00 | |
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Competing Bitcoin Cash Forks Show Differing Outcomes; Miners Support SV while Traders Side with ABC
Ahead of Bitcoin Cash’s (BCH) impending fork on November 15, 2018, miners maintaining the network may be taking two different paths for the protocol if data from Coin Dance is considered. Competition in Decentralization The two teams, Bitcoin ABC and Bitcoin SV, led by Bitcoin Cash proponent Roger Ver and CoinGeek CEO Calvin Ayre respectively, are engaged in a fierce. дальше »
2018-11-15 08:00 | |
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Isle of Man’s Financial Regulator IOMFSA Updates Crypto Business Registration Policy
The Isle of Man’s financial watchdog the Isle of Man Financial Services Authority (IOMFSA) has revised its registration policy with regard to businesses operating in the cryptocurrency industry, reports Mondaq, November 13, 2018. дальше »
2018-11-15 02:00 | |
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Blockchain Technology-Based Oil and Energy Platform Primed to go Live by 2018 End
A blockchain technology-based platform backed by global oil and energy giants BP, Shell, and Equinor is poised to go live by the end of the year, reports S&P Global, November 12, 2018. Aim to Modernize Physical Energy Post-trade Processes In the 21st-century trade world, the global energy and oil industry still relies a great deal on orthodox and outdated paperwork. дальше »
2018-11-15 22:00 | |
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Bitfinex Updates Fiat Withdrawal Fee Structure, $30,000 Fee to Withdraw $1 Million
Hong Kong-based cryptocurrency exchange platform Bitfinex announced its updated fee structure for high frequency/size fiat withdrawals, through a blog post published November 11, 2018. Notably, regular withdrawals are unaffected by this change. дальше »
2018-11-14 18:00 | |
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What is Meme Economy and How Can You Invest in it?
Memes have steadily found their way from 4chan boards and reddit subs into the mainstream culture. Nobody expected a picture with text on it to be the preferred means of breaking the ice or communicating with someone else on the other side of the world. дальше »
2018-11-14 00:00 | |
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Swiss Cryptocurrency Firm X8 Bags Islamic Finance Certification
X8 AG, a Swiss financial technology firm has successfully obtained Islamic scholars certification for its fiat and gold-backed cryptocurrency from Shariyah Review Bureau (SRB), an Islamic advisory firm licensed by the central bank of Bahrain, Reuters reports, November 12, 2018. дальше »
2018-11-14 22:00 | |
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Japan: GMO Internet Reports Record-High Performance for its Crypto-Related Businesses
Japan’s IT behemoth GMO published its Q3 2018 financial report on November 12, 2018, which reveals the company’s “historical performance” in its cryptocurrency business line. According to the report, the firm’s crypto segment earned revenue more than JPY 2. дальше »
2018-11-13 18:00 | |
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Gold-Backed AurumCoin Latest to Fall Victim to 51 Percent Attack
Gold-backed AurumCoin is the latest cryptocurrency project to fall victim to 51 percent attack, resulting in the loss of AUD$ 15752. 26, per a report by Finder on November 12, 2018. Hack Attack Results in Blame Game Shortly after the hack attack, AurumCoin’s twitter handle subtly sparked the blame game stating the coins were stolen from the wallet of cryptocurrency exchange. дальше »
2018-11-13 12:00 | |
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Cryptocurrency Traders Evade Taxes Making Use of Lending Loopholes
According to an article by Venture Beat, published November 11, 2018, cryptocurrency traders in the U. S. have found a lending loophole to avoid taxation on their digital currency transactions. Evade Taxes by Loaning out Equivalent Amount Taxation has been one larger problems facing the cryptocurrency industry since it came into prominence. дальше »
2018-11-13 02:00 | |
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Andreas Antonopoulos’ Christmas Gift: “Mastering Ethereum” Coming this December
While the world of blockchain technology and cryptocurrencies might be in its infancy currently, it has produced some of the most dynamic and influential leaders in recent times. Creating Information of Cryptocurrency Protocols Ethereum co-founder Vitalik Buterin, Binance chief Changpeng Zhao are some of the personalities who are spearheading the community towards a better tomorrow by leveraging the emerging technologies. дальше »
2018-11-13 22:00 | |
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BBVA Completes $150 Million Syndicated Loan on Ethereum Blockchain
One of Spain’s leading banks, Banco Bilbao Vizcaya Argentaria (BBVA), has successfully signed off the terms of a $150 million syndicated loan with the help of blockchain technology, reports Finextra, November 7, 2018. дальше »
2018-11-8 19:00 | |
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DTCC: Blockchain Enabled Derivatives Platform to Undergo Testing Phase
Headquartered in New York, The Depository Trust & Clearing Corporation (DTCC) had taken a significant step forward in its attempt to integrate the blockchain technology into its operations, as it brought aboard 15 leading global banks for the testing phase of its credit derivatives platform, per a report by Finextra, dated November 6, 2018. дальше »
2018-11-7 12:00 | |
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BIS Report: Cryptocurrencies Are a Poor Store of Value, Unlikely to See Mass Adoption
A report from the Bank for International Settlements titled “Money and payment systems in the digital age,” published November 1, 2018, suggests that leading cryptocurrencies such as bitcoin, ether, and stablecoin tether do not serve the primary functions of money, and are, therefore, a poor store of value. дальше »
2018-11-7 08:00 | |
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Bitcoin ETF: SEC not Likely to Make the Decision Anytime Soon
According to a tweet by lawyer Jake Chervinsky, the U. S. SEC’s decision on the previously rejected nine Bitcoin ETFs would not be made until December. Notably, media person Ran NeuNer falsely tweeted on November 2, 2018, that the SEC would likely take a call on the Bitcoin ETFs by November 5, 2018. дальше »
2018-11-7 00:00 | |
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App Mining; Blockstack’s Method of Rewarding Decentralized Applications
The Internet has evolved over a couple of decades and has changed the way software companies work and make money. In the nascent days of the internet, software developers spent time in building some crucial infrastructure and shared protocols like HTTP, SMTP, and TCP/IP which opened doors to the world wide web – the browsers, websites and all the present. дальше »
2018-11-5 16:00 | |
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Auction Theory and its Implications in Blockchain Technology
Auctions often have entertainment connotations associated with them, thanks to their dramatic portrayal in movies, TV shows, and even some of the sports league where the players being auctioned off is nothing less than a cliffhanger. дальше »
2018-11-5 14:00 | |
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Banking on Blockchain: Marsh to Introduce a DLT-Based Offering to Update Identity Verification
The New-York headquartered insurance firm Marsh has allied with Evident, a data-security company, in a bid to provide a blockchain-based application for clients in the sharing and gig economies, per a November 1, 2018, report by Digital Insurance. дальше »
2018-11-3 10:00 | |
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D1-z Income Streams Review: Teeka Tiwari and Palm Beach Research Group’s New Investments
There is no doubt that everyone is looking for a way to earn extra income. The ideal model is a ‘set and forget' system that can earn you money even when you are a sleep. But does a system exist? Is there a way for you to make money in your sleep that doesn't require […] дальше »
2018-11-2 00:14 | |
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Taiwanese Lawmaker Urges the Government to Create a New Business Category for Crypto FirmsTaiwanese Lawmaker Urges the Government to Create a New Business Category for Crypto Firms
According to October 29, 2018, report published by Technodes, Taiwanese lawmaker Jason Hsu has asked Taiwan’s Ministry of Economic Affairs to create a new business category and legal framework for security tokens. дальше »
2018-11-1 12:00 | |
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A Week of Satoshi Pt. 2: A Faceless Response to the Power of Centralization
Roughly ten years ago, towards the end of 2008 when the world was at the height of one of the most significant breakdowns of the global financial industry, the Bitcoin white paper was published and sent to a list of recipients by an individual, or a group of individuals, under the alias Satoshi Nakamoto. дальше »
2018-10-31 21:00 | |
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How Does the Raiden Network Transportation Work?
Widely considered to be Ethereum’s answer to Bitcoin’s Lightning Network – the Raiden Network is an off-chain ERC20-compliant scaling solution for the transfer of tokens on the Ethereum blockchain. The solution offers benefits akin to the Lightning Network, including scalable, low-fee, instant, and privacy-focused payments. дальше »
2018-10-30 18:05 | |
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Australia Securities Exchange Deputy CEO on Blockchain: “Not a Radically Different Approach”
While the blockchain technology, albeit slowly and steadily, continues to reshape the traditional mechanisms in the financial industry, the deputy CEO of Australia’s leading stock exchange ASX Ltd. doesn’t view the technology as a game-changer, per a report by Bloomberg published on October 24, 2018. дальше »
2018-10-27 01:00 | |
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AMD GPU Sales Go South as the Demand for Cryptocurrency Mining Units Plummets
According to its quarterly financial results report, the American semiconductor manufacturer company AMD had almost negligible sales of blockchain-related graphics processing units in Q3 of 2018. The financial report was published on October 24, 2018. дальше »
2018-10-27 17:00 | |
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China’s First Blockchain Security Testing Center is Coming to Changsha
China is ready to establish its first blockchain security testing center – courtesy of an agreement signed between The National Computer Network Emergency Coordination Center and the economic development zone of Changsha, China News Service reported on October 24, 2018. дальше »
2018-10-26 11:00 | |
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India’s First Cryptocurrency ATM Confiscated by the Police, Unocoin Co-founder in Custody
The local police have confiscated the recently launched Bitcoin ATM in India by Unocoin Technologies on the grounds of it being “illegal” as it was set up without any government approvals, The Times of India reports October 24, 2018. дальше »
2018-10-25 07:00 | |
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Bitcoin and Blockchain Technology Related Jobs Are on a Rise, Study Finds
Despite the prolonged bearish market and regulatory uncertainty surrounding Bitcoin – the demand for talent related to Bitcoin and the blockchain technology has seen a steep rise in the year 2018, according to a report published by Glassdoor on October 18, 2018. дальше »
2018-10-23 17:00 | |
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Bitcoin and Blockchain Technology Related Jobs are on a Rise, Study Finds
Despite the prolonged bearish market and regulatory uncertainty surrounding Bitcoin – the demand for talent related to Bitcoin and the blockchain technology has seen a steep rise in the year 2018, according to a report published by Glassdoor on October 18, 2018. дальше »
2018-10-22 17:00 | |
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Japan Looks to Ease Tax Reporting of Cryptocurrency Gains and Profits
To establish a seamless tax reporting mechanism for cryptocurrency gains in Japan, the Japanese Tax Commission held a debate on October 17, 2018, per a report by the local media outlet Sankei News. Standardization of Tax Filing Process According to the report published, the Japanese Tax Commission is contemplating ways by which gains or profits on cryptocurrency trading can be. дальше »
2018-10-20 22:00 | |
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Binance Successfully Completes Q5 BNB Token Burn; Market Price Remains Unbudged
The Changpeng Zhao-led crypto exchange behemoth Binance has completed its scheduled fifth BNB token burn – thus reducing the total supply of the Binance Coin (BNB) by 1. 64 million. This was confirmed in a Medium post, published by Binance on October 17, 2018. дальше »
2018-10-20 07:00 | |
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