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Indian Government Confirms Crypto Bill Is ‘Awaiting Approval’
31.7.2020
The Indian government has confirmed in a Right to Information (RTI) reply that the inter-ministerial committee’s cryptocurrency bill is “awaiting approval of the government.” The bill is currently being examined by various ministries. Indian Government’s Confirmation...
Bithumb Confident of Victory in Disputed USD 67m Tax Bill Case
28.7.2020
South Korean market-leading crypto exchange Bithumb may win its USD 67 million legal struggle against the country’s tax authorities, per legal and industry officials.
According to the Digital Times, analysts believe that Bithumb has the upper hand in its fight against a tax bill served to...
Live-Streaming Service Twitch Gives Subscribers 10% Discount if They Pay With Cryptocurrency
27.7.2020
The live-streaming service Twitch is now offering a 10% subscription discount for people who register with cryptocurrency. The new offer from Twitch leverages the Bitpay payment processor, as this is the first crypto-based discount promotion from a company of this magnitude. This week,...
More Than 1,000 People Could Access Twitter’s ‘God Mode’
24.7.2020
The admin panel used by hackers to access over one hundred accounts can be used by over 1,000 twitter employees — two former Twitter employees revealed
South Korean Police Investigate Who Leaked the Crypto Tax Bill
24.7.2020
Sejong police are investigating who leaked details of the government’s crypto tax bill before it was formally announced
New Russian Law Bans Bitcoin Payments for Goods and Services
24.7.2020
Russian lawmakers have passed a bill that gives legal status to cryptocurrencies such as bitcoin – but bans them from being used to pay for goods and services. Legislators approved the Digital Financial Assets (DFA) bill on July 22 after its third and final reading. It had already won backing...
Crypto Scammer on the Prowl as YouTube and Twitter Become Central to Bitcoin Scams
23.7.2020
Bitcoin giveaway scammers are getting away with Bitcoin
US House Passes Two Blockchain Amendments in Annual Defense Budget Bill
23.7.2020
The U.S. House passed two provisions introduced by Rep. Darren Soto of Florida
Russian Lawmakers Finally Pass Country’s Major Crypto Bill
22.7.2020
Russia’s newly passed crypto bill finally provides a legal status to crypto, but does not allow it to be used as a payment method
Russia Shelves Plans to Criminalize Bitcoin Transactions – For Now
21.7.2020
Russia has dropped plans to criminalize bitcoin transactions – for now, according to local media reports. The Digital Financial Assets Bill (DFA), due to be read for the second time in the Russian parliament – or State Duma – on July 21, has removed references to administrative...
Updated Russian Crypto Bill Defangs Punishments for Using Crypto
20.7.2020
Newest version of Russian bill “On Digital Financial Assets” does not criminalize crypto usage, but there is one more bill that might
Former Finance Secretary Subhash Chandra Garg Proposes Regulating Crypto as Commodity in India
18.7.2020
Subhash Chandra Garg, former Finance and Economic Affairs Secretary of India, has told the Indian crypto community that crypto assets should be regulated as commodities. However, he stands by his draft crypto bill that bitcoin and other cryptocurrencies should be outlawed. Garg Proposes Indian...
Bitcoin Investors Unfazed By Great Twitter Hack, as Volatility Remains Stable
17.7.2020
Bitcoin traders seem unfazed by the massive Twitter hack on Wednesday, as the price of the top cryptocurrency has largely remained steady. Prominent U.S. figures including billionaires Bill Gates, Elon Musk, and Jeff Bezos were targeted by hackers in an apparent Twitter bitcoin (BTC) scam....
The Twitter Hack Fiasco: Compromised Internal Tool, Paid Insiders, Direct Message Fears
17.7.2020
On Wednesday, a large number of Twitter accounts were compromised and the hackers used the accounts to tweet about a bitcoin doubling scam. According to multiple reports, a Twitter employee was paid to give the hackers an internal tool that let them leverage high-profile social media accounts....
Crypto Twitter Responds to the Twitter Hack
16.7.2020
Crypto Twitter has taken aim at the Twitter hack, suggest there is more to this attack than meets the eye
Massive Twitter Attack: Apple, Joe Biden, Elon Musk, Bill Gates, Jeff Bezos, Uber Tweeting Bitcoin Giveaway Scam
16.7.2020
A massive attack hit crypto Twitter on Wednesday as many prominent accounts began tweeting about a bitcoin giveaway. Soon it was apparent that the breach was much more serious when major corporations and famous people tweeted that they will double your bitcoin, including Apple, Google, Joe Biden...
Advocacy Group Claims IRS-Issued Crypto-Warning Letters Violated Taxpayer’s Rights
14.7.2020
Close to a year ago last July, the U.S. Internal Revenue Service (IRS) revealed it would be sending ‘soft letters’ to suspected American cryptocurrency owners advising them to pay their taxes. Now according to the Taxpayer Advocate Service, a subsidiary of the IRS, the soft letters...
IRS Violated ‘Taxpayer Bill of Rights’ With 2019 Crypto Letters: Watchdog
14.7.2020
Nearly a year after the IRS sent intimidating letters to crypto holders, the agency’s watchdog says the campaign violated its Taxpayer Bill of Rights
Jeffrey Epstein Confidant Ghislaine Maxwell’s Last Reddit Post Was About Bitcoin
8.7.2020
The cryptocurrency community has been discussing the infamous Ghislaine Maxwell, the associate of the financier and convicted sex offender Jeffrey Epstein. Maxwell was recently arrested and many speculators think she may see the same fate as Epstein before she talks. Moreover, it seems the last...
Comedian Bill Burr: ‘I’m Getting Bitcoin! F—- This!’
2.7.2020
Comedian Bill Burr has seen the light after hearing Anthony Pompliano explain the disadvantages of legacy systems