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Over 55,000 Brazilians Conned For $200 Million By Fake Cryptocurrency, As Crypto Frauds Refuse To Die
23.5.2019
Crypto related frauds continue to be a headache for the market. Another one pops out its head from Brazil, where a fake cryptocurrency scams over 55,000 investors. The estimated fraud value is said to be over $200 million. The primary for crypto scams has been the lack of awareness among investors....
Israeli court says cryptocurrencies are asset not currency and are liable to taxes
23.5.2019
The Israeli court has declared all the digital currencies, including Bitcoin should be considered as a taxable asset rather than currencies as per the report surfaced on 21st May in a local news website. The judgment was delivered to the case in which an Israeli startup founder argued with the...
Zcash (ZEC) Price Analysis: The Privacy Feature Of ZEC Is Attaining Major Attention Of BTC Investors
23.5.2019
Zcash itself is looking to displace BTC as the main medium of exchange and a store of value in the crypto sphere. The main attraction of ZEC is its privacy features. In the case of BTC transactions, the anonymity of the transaction parties is not maintained, and the transaction cost is way...
Here Comes Russia’s Largest Crypto mining Farm worth 7.3 Million U.S Dollars by CryptoUniverse
23.5.2019
Equipped with 3000 pieces of mining equipment, spread across 4000 sq. Meters, Russia’s largest crypto mining farm is all set to surprise us. CryptoUniverse is the mind behind this plan. The mining farm has been constructed on the site where previously the “Soviet fertilizer-producing laboratory”...
Bittrex Partners With iBitt, Looking Forward To Scale Up The Blockchain Technology In Peru And Chile
23.5.2019
The global leader in the blockchain revolution- Bittrex has recently made an announcement on Twitter about its partnership with iBitt crypto exchange. As per the announcement, soon, we will be able to see the release of a brand new “digital asset trading platform in Chile and Peru.” This...
Check This Bitcoin Pizza Day Chart: BTC Moons by 320,000,000%
22.5.2019
For the last nine years since the inception of this crypto holiday, the price of Bitcoin on this very day, May 22, would show a substantial rise from the previous year, save for three instances, in 2012, in 2015 and in 2019 (but the day is not over yet.)
This date is celebrated as the day when...
Israeli Court Rules Bitcoin Is Not a Currency in Court Case Over Taxes on BTC Gains
22.5.2019
An Israeli judge has ruled that bitcoin is an asset and not a currency
Tether (USDT) Admits to Having Invested its Few Reserves into Bitcoin (BTC)
22.5.2019
What comes across as a fascinating update as per the latest reports doing the rounds, Tether has confessed to having invested a part of its reserves into the world’s #1 digital currency Bitcoin as well as other assets. These facts were revealed by the company’s lawyer during the ongoing court...
Holding Bitcoin Is Legal In China, Says Bank Of China Law Research Association Council Member
22.5.2019
While most of Asia is booming, China continues to remain a barren land for cryptocurrencies. The world’s second-largest economy has kept its doors shut to Bitcoins, though accepting blockchain technology. However, the latest news coming from China seems to be quite encouraging for crypto...
Australian Man Mined Bitcoin From Government Computers; Can Face Prison For 10 Years
22.5.2019
The increasing interest of people in Bitcoin is not surprising given the global popularity the #1 cryptocurrency enjoys. An Australian man based in Sydney, however, took his love for Bitcoin mining to another level. He tweaked the government IT systems to utilize them for Bitcoin mining...
How to Buy Pizza With Bitcoin Cash
22.5.2019
Every year on May 22, the cryptocurrency community marks this day in 2010 when Laszlo Hanyecz purchased two pizzas for 10,000 bitcoins. To help you celebrate Pizza Day, here are a variety of options to buy to pizza with bitcoin cash (BCH) in different countries around the world. Also Read: How...
Hackers Steal $100,000+ Worth of BTC From Engineering Manager at Crypto Custodian BitGo
22.5.2019
The engineering manager at cryptocurrency custodian BitGo, Sean Coonce, has fallen victim to a SIM swapping hack with a loss of over $100,000
Blockstream CSO Samson Mow Says Bitcoin Wasn’t Meant To Be Fast, As It Had To Be Reliable
22.5.2019
Bitcoin has been one of the most popular debate topics since its inception in 2019. The world has been divided by various opinions of the ultimate cryptocurrency. However, Samson Mow’s recent comments of Bitcoin has triggered another controversy. During a television interview, Mow said that...
Israeli Court Rules Bitcoin Is an Asset
22.5.2019
An Israeli court has ruled that bitcoin is an asset, confirming the central bank’s stance. The case involves the country’s tax authority and the founder of a blockchain startup who argues that profits from the sale of cryptocurrency should be tax-free. The court has ruled in favor...
OKCoin Partners up With Prime Trust Co to Launch Prime Trust as USD payment channel
22.5.2019
On May 20, 2019, OKCoin announced via the social media of Twitter that it will be collaborating with Prime Trust Co, a Blockchain driven trust company to Launch Prime Trust as a new USD payment channel. According to the tweet, OKCoin users outside the United States will now be able to deposit...
Elipay Celebrates the First of 100s of Crypto-Accepting Merchants in Croatia
21.5.2019
On May 20, Eligma showed off its Elipay service, a crypto payment processing system that allows people to pay for products and services with cryptocurrencies at over 300 retailers in the region. The grand opening of Elipay’s Croatian launch started with the first transaction made...
Self-Proclaimed Satoshi Craig Wright Files US Copyright Registrations for BTC White Paper
21.5.2019
Craig Wright has filed U.S. copyright registrations for the Bitcoin white paper authored by Satoshi Nakamoto
Bitcoin Attaining $8,000 Marks An End to the Crypto Winter, Says Tom Lee
21.5.2019
According to Tom Lee, the CEO, and Co-Founder of Fundstrat Global Advisors, the crypto winter has finally come to an end. We all know that Bitcoin and the entire crypto market have witnessed a price slump since the past few months. But things began to look better again since the start of April....
Worsening US-China Trade War Is Behind BTC Price Rise, Digital Currency Group CEO Claims
21.5.2019
The CEO of Digital Currency Group has suggested that the recent rise in bitcoin prices could be linked to the U.S.-China trade war
Ethereum Trading Volume Reaches $900 Million
21.5.2019
The current bull run on the crypto market is reflecting on many major cryptocurrencies, and Ethereum is no exception. Trading of Ethereum witnessed a record high of $900 million. For the past four months, ETH has steadily increased, doubling from a low of just over $ 100 in February to its current...