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Problems Escalate in Venezuela as Millions Rush to Spend Petros


According to the Venezuelan government, millions of families have used the petro, the country’s national digital currency, to pay for goods and services. As shoppers rush to spend their coins, merchants are reportedly struggling, effectively forced to sell goods at a deep discount. At least...

Meet the Multi-Cryptocurrency PoS Device Eletropay


On January 5, Bitcoin.com’s Executive Chairman Roger Ver introduced a bitcoin cash (BCH) point-of-sale (PoS) merchant solution created by the startup Eletropay. The crypto PoS device manufacturer aims to make cryptocurrency payments simple and secure “without the need to use mobile...

Number of Israeli Blockchain Companies Grew by 32% in 2019


Despite the harsh market conditions this year, high profile closures of a few ventures and a lot of employee downsizing, the number of companies operating in the blockchain and cryptocurrency fields in Israel actually grew by 32% in 2019. Also Read: Bankrupt DX Exchange Didn’t Pay Israeli...

GoGetSSL


GoGetSSL is a company that sells SSL certificates. You know, those things that are required to make your site use https://, not http:// which doesn't feel like an optional choice these days with browsers making sites looks scarily insecure without it and search engines telling us is a ranking...

Coinbase Closes Earn.com One Year After $100M Acquisition


Coinbase is shutting down the startup Earn.com which it acquired for an estimated $100 million last year. The email service allowed senders to pay users in digital currency for replying to commercial messages or completing tasks. Also Read: Coinbase Acquires Earn.com for an Estimated $100 Million...

Reports Criticize Bitcoin SV Miners and the Chain’s Upcoming Fork


In the last two days there have been two critical posts published against the Bitcoin Satoshi’s Vision network (BSV). On December 17, Binance Research published an allocation mining report that analyzed the mining activities of BTC, BCH, and BSV and the research detailed that BSV miners...

Poles Hit With Backdated Tax on Crypto Trades


Crypto traders in Poland have been unpleasantly surprised with a controversial tax they thought they wouldn’t have to pay. The Civil Law Transactions Tax (PCC) is applicable to digital asset trades conducted before the introduction of last year’s moratorium on its collection, the Polish...

European AML Directive Pushes Crypto Startup Bottle Pay Out of Business


Bottle Pay, a cryptocurrency payments provider from the U.K., has announced its decision to cease operations by the end of the year. Despite attracting some serious funding and expanding its user base significantly in the past few months, the company has found it unacceptable to continue to work...

Denmark’s Tax Authority Sends Warning Letters to 20,000 Crypto Owners


The tax authority of Denmark has reportedly sent out warning letters to 20,000 crypto owners asking them to amend their tax returns, pay taxes on crypto gains, or face penalties. The tax agency is demanding a full breakdown of their crypto transactions; it recently obtained information on these...

[aktualita] UniCredit Bank spouští Google Pay pro platební karty Visa


Česká pobočka UniCredit Bank minulý týden spustila podporu Apple Pay pro karty Visa a dnes k tomu u Visy přidává také Google Pay. Oba mobilní platební systémy podporuje i v případě karet MasterCard. Přidání Visa karty do Google Pay probíhá standardně. Do aplikace je třeba zadat číslo platební...

IRS Now Requires Tax Filers to Disclose Crypto Activities


The U.S. Internal Revenue Service (IRS) has finalized and put in use a new tax form that requires crypto owners to declare whether they received, bought, sold, exchanged, or acquired any cryptocurrencies in 2019. Tax experts are frustrated at the vagueness of the tax agency, with some questioning...

Despite Bitcoin’s Price Drop, High-Powered Mining Rigs Still Profit


Since BTC prices slid below the $8K price range, mining operations have been making less revenue. On Sunday, December 1, only 13 mining rigs with an average electricity cost of $0.12 per kWh are profiting at current prices. Of course, miners from China and other regions pay far less per kWh...

Is Russia Set to Ban Bitcoin Pay?


Russia’s increasingly confusing cryptocurrency policy continues to develop – and the latest curveball is a proposed ban on payments made using Bitcoin and other cryptocurrencies. Per a report from media outlet Izvestia, the country’s Central Bank and the regulatory Federal Financial Monitoring...

Bankrupt DX Exchange Reportedly Didn’t Pay Israeli Suppliers and Employees


It was recently reported that digital assets trading platform DX Exchange ceased operations and was looking for a way to exit the market via a merger or a sale. New details from Israel show that the exchange reportedly didn’t even have the cash flow to pay its suppliers and employees. Also...

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