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Amandeep

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Re: Crypto News
« Reply #80 on: April 16, 2018, 11:29:33 AM »
Bitcoin case study: Aniket Patel is an Indian teenager and cryptocurrency investor who is still working on his school exams. Despite this, Patel spends more time checking the Reserve Bank of India’s (RBI) website than scouting for exam results.

Bitcoin doomsayers have once again called it too early. Bank of America Corp., the second-largest bank in the US by total assets, announced that “the greatest bubble in history is popping”. Somehow, it doesn’t seem that way. The price of Bitcoin has broken above the $8,000 mark and has steadily collected gains over the weekend.

New Delhi – Coinsecure, an Indian digital money trade, said about $3 million were stolen from its bitcoin wallet, the greatest announced so far in the nation’s young virtual cash market.

Last night, Bitcoinist reported that Binance, one of the most popular cryptocurrency exchanges in the world, would likely be executing its unspecified quarterly coin burn sometime today — which is exactly what happened. Burn Victims Earlier today, the Binance team announced the results of its Q2 2018 coin burn in an official post on the exchange’s support page, writing: Fellow Binancians, In accordance with our whitepaper, we have now completed the burn of 2,220,314 BNB ...


In just two days, the U.S. tax filing deadline, April 17th, will be here. Despite this, only a very small fraction of Americans have reported their cryptocurrency holdings.

Lesser-known cryptocurrencies such as XVG, EOS, and ONT continue to outperform the majors.

The mayor-president of Lafayette thinks the local government needs a cryptocurrency, but is vague about what purpose it would serve.

Yahoo Japan confirmed that it has invested in Japanese crypto exchange BitArg through a subsidiary.

Tax firm Credit Karma reported that less than 1 in 250 users reported cryptocurrency gains or losses on their tax forms.

BitGo co-founder and CTO Ben Davenport will step down from his position next week, he announced Friday.

Coinbase's new VC arm raises thorny questions about the influence the startup wields across the crypto market and potential conflicts of interest.

New patent filings from Mastercard explore a blockchain-based identity data storage system.

Amandeep

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Re: Crypto News
« Reply #81 on: April 17, 2018, 12:12:26 PM »
Crypto Investor Reportedly Hacked For $2 Mln On Live Stream, Internet Calls Foul Ian Balina, a cryptocurrency investor and advisor, was reportedly hacked for more than $2 mln in crypto while doing a live stream on his YouTube channel Sunday, April 15, that he advertised as “Hacking the System.”

In an effort to strengthen its ever-expanding role in the cryptocurrency space, Coinbase has acquired Cipher browser – a competitor to its in-house Ethereum wallet, app browser and secure messaging service.

Nothing can be a better lift for a cryptocurrency than news that a major exchange will be listing it or expanding trading options.

Ripple Calls On UK Regulators To End “Wild West” Of Cryptocurrencies The world’s third largest cryptocurrency Ripple, has called on UK regulators to follow the lead of Japan and end the “Wild West” days of cryptocurrency markets by implementing new rules, The Telegraph reported April 15. Ryan Zagone, Ripple’s head of regulatory relations, urged British regulators to find a balance between “capturing risk…...

Players in Thailand’s crypto markets have petitioned the Finance Ministry to either delay or waive altogether a combined 22% tax burden aimed at dissuading investors from putting money into ICO’s and cryptocurrency within the Kingdom.

Tuesday, April 17 is tax day in the United States of America – but early numbers are suggesting cryptocurrency investors aren’t being entirely upfront with the government’s tax collectors. Our Little Secret Nobody likes doing their taxes, especially now that reporting profitable cryptocurrency trades is required by law. Going through a years’ worth of trades and reporting profits is time-consuming and complicated — and it’s not being done.

The Bank of Japan said it has no plan to issue a central bank digital currency due to concerns over financial stability.

A person with knowledge of the situation said all major banks are likely to be weighing the same decision.

Global insurance company Marsh is piloting a proof of insurance platform on a blockchain with IBM's help.

Victims of the $3 million theft at bitcoin exchange Coinsecure will receive a refund on their stolen funds, but it may not be in BTC.

Ripple's XRP is now outperforming its peers and could continue scaling key levels against bitcoin, the technical charts suggest.


Amandeep

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Re: Crypto News
« Reply #82 on: April 18, 2018, 11:31:37 AM »
A Taiwanese Bitcoin Miner nearly paid for his life after being shot at by gangsters for allegedly reneging on a mining deal by not providing payment. The victim went on to blame China and their strict anti-cryptocurrency regime for the lack of available funds. There are many ways to be a part of the crypto industry.

History warns us of the past in order to make sense of the present. Yet History offers no suggestion regarding the path that technology is taking us. What we are left with the crypto-space is a great field of improvisation that has seldom been seen before.

IMF’s Lagarde Counters Crypto Warnings With New Praise Of ‘Potential Benefits’ The head of the International Monetary Fund (IMF) Christine Lagarde was buoyant about cryptocurrency in a blog post in support of the technology, published Monday, April 16.

As the end of U.S. tax season approaches, Bitcoin bulls believe that the digital currency will finally begin its next run to prices over $20,000. But is it really going to run? The past few months have been rough for cryptocurrency investors, with the cryptocurrency market cap plummeting from a high of $820 billion all the way down to $250 billion.

As the Cryptocurrency market expands more and more people are looking to get in on the modern day “gold rush.”

An Indian startup is taking the country's central bank to court over its decision to bar banks from dealing with crypto businesses.

New York's attorney general is taking a closer look at some of the most well-known cryptocurrency exchanges.

A New York resident has been indicted on fraud charges for tricking residents into investing in worthless binary options and a proprietary token.

How to make sense of a fast-changing crypto market? Crypto Asset Management's Tim Enneking provides his seven core tenants for investing.

Like elsewhere in crypto taxation, the rules for funds are far from straightforward, and discrepancies may lead to non-intuitive outcomes.

U.S.-based cryptocurrency exchange Kraken has announced it is shutting its doors for investors in Japan, citing operational costs.


Amandeep

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Re: Crypto News
« Reply #83 on: April 19, 2018, 12:20:27 PM »
Backpage CEO Pleads Guilty to Laundering Money Using Cryptocurrencies Not too long ago, the Backpage.com platform was seized by the US government. This particular development also had some repercussions for cryptocurrencies, as the site’s CEO was charged with laundering money using Bitcoin and other cryptocurrencies. It now seems he has pled guilty to these charges and intends to flip…...

Bitcoin may still be a long way from its past peak, but public awareness of the leading cryptocurrency is at an all-time high – especially in England. What, You’ve Never Heard of Bitcoin? Finding someone who’s never heard of Bitcoin is quite the rarity these days. 93 percent of people in the United Kingdom have now heard of the formative cryptocurrency — up 2 percent from January 2018 and up 13 percent from November 2017. ...

It’s every cryptocurrency investors worst fear, the exit scam, and it may have just happened again. All signs point towards the founder of Savedroid having taken the company’s money and ran.

Six months ago, South Korea — one of the largest cryptocurrency markets in the world — banned the issuance of new cryptocurrencies. However, that hasn’t stopped South Korean blockchain entrepreneurs from circumventing the country’s restrictions by launching Initial Coin Offerings (ICOs) overseas.

The International Monetary Fund has reported that the global debt has hit $164 trillion marking a trend that could lead to a catastrophic recession if countries fail to pay off debts due to strict financing conditions.

Cryptocurrency miners in South Korea may find it to be more difficult in getting foreign-made mining chips imported to the country.

Dow Jones Media Group has partnered with privacy-focused web browser Brave to explore blockchain applications for digital publishing.

Filmmaker Seif Elsbei's Twitter account has been hacked, and took on the personas of at least six different cryptocurrency developers and exchanges.

Cannabis social networking company MassRoots is developing a crypto rewards token and other blockchain applications.

Sindri Thor Stefansson, the alleged culprit behind the theft of 600 cryptomining computers, escaped from prison earlier this week.

The Philippines SEC has issued a warning to the public to be cautious on 14 cryptocurrency investment schemes in the country.

Cambridge Analytica reportedly planned to launch its own cryptocurrency before the controversy over its misuse of facebook data.

Bitcoin remains on the hunt for a bullish move over $8,400 after recovering from a sharp overnight dip.

Indian private bank ICICI Bank has on-boarded more than 250 corporate firms to undertake trade finance transactions on blockchain network.

Amandeep

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Re: Crypto News
« Reply #84 on: April 20, 2018, 12:11:01 PM »
BitDegree, a Lithuanian cryptocurrency startup, hopes to help change the face of online education through their online platform and cryptocurrency.

The blockchain technology is blasting our modern world. No matter if you are a newcomer in this market or a professional trader, it is easier to become a cryptocurrency holder than you think. There not that many people who have several spare thousand dollars to buy Bitcoin. You’d rather take a smaller amount and spend it for a completely new but promising cryptocurrency that will gain its value with some time.

Crypto markets are maturing, it remains to be seen how many companies that have raised money by issuing tokens will be alive in the next two years.  For anyone serious about blockchain technology and ICOs, Blockchain Expo Global is a must event to attend and this year, the event has attracted even more visitors than before.

Listing properties for Bitcoin is an emerging trend. Now, one cryptocurrency believer is opening up his six-story brick-and-mortar home on New York’s Upper East Side for purchase with Bitcoin, Ethereum, and Ripple.

Digital currency trade Huobi has declared that it is setting up a London-based office as it looks to extend itself outside of Asia.

Saxo Bank analysts have called the beginning of a new period of growth for cryptocurrency prices, eyeing Q2 2018 as a “springboard” for fresh upside. ‘Self-Fulfilling Prophecy’ In its Quarterly Outlook this week, the famously pro-Bitcoin institution said a mixture of global political uncertainty, tightening of credit access and commodities volatility could all see new money pouring into crypto markets.

Cryptocurrency mining orders have helped set a new monthly sales record for Taiwanese semiconductor maker TSMC.

Blockchain startup Gem has created a one-stop shop crypto services platform comprised of a portfolio tracker, a wallet and a 'discovery tool.'

A pair of Walmart patent applications discuss encrypting payment information using a blockchain.

Belgium has contributed €2 Million to support U.N. World Food Programme projects, including its blockchain payments pilot for Syrian refugees.

One of the few cypherpunks in a room full dominated by financial services, Szabo urged blockchain developers not to forget about decentralization.

With fatigue for trials setting in, business blockchain builders are talking creatively about how to handle the costs of distributed ledger networks.


Amandeep

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Re: Crypto News
« Reply #85 on: April 21, 2018, 02:28:21 PM »
Crypto “revolution” has been most evident in the fintech sector but it slowly making inroads in other areas and even artists are beginning to appreciate the benefits that cryptocurrency can bring. A series of articles by Tim Schneider from ArtnetNews pretty much sums up the current state of play in the art world and the digital economy, and I urge anyone who is interested in the topic to review those in greater detail.

Bitcoin Cash is already seeing a price bump as the next hard fork approaches in less than a month. Faster transactions and new operation codes coming. Hard Fork will Make Bitcoin Cash Faster As the granddaddy of all cryptocurrency Bitcoin was a revolutionary idea built on groundbreaking technology, devised by an unknown, or group of unknown geniuses.......

Australia’s Hunter Energy has signed a contract with the IOT Group, a cryptocurrency mining firm, in an effort to reopen a coal power plant in the Hunter Valley Region of Australia. The move would sell electricity at wholesale costs to blockchain companies in an effort to encourage blockchain innovation in the country.

Tezos Co-Founder Sanctioned By US Financial Watchdog The co-founder of Tezos, the cryptocurrency project that made headlines with its $232 million initial coin offering last year, has received a sanction order from a U.S. financial regulator.

Online casino gambling is the biggest industry on the web right now and if you’ve ever wanted to build your very own online casino, now is the best time to do so! 2018 is the year for the entrepreneur and the internet adventurer, with all sorts of possibilities now available.

Reports this week erroneously suggested that Quebec's Chief Scientist dismissed concerns about the illicit usage of bitcoin, his office said.

Russia's supreme court has ordered a municipal court in St. Petersburg to consider an appeal from a blocked cryptocurrency information site.

The Department of Justice has unveiled fraud charges against a co-founder of cryptocurrency startup Centra.

Bitcoin may be inching up of late but the market for alternative cryptocurrencies remains a choppy sea of big winners and losers.

The cloud computing giant's offering comes just as Digital Asset, another enterprise blockchain firm, announces a developer kit for smart contracts.

A lesser-known bitcoin indicator appears to be undergoing a notable change, one that could signal where the crypto asset's price is heading.

The European Parliament has voted for regulations to prevent the use of cryptocurrencies in money laundering and terrorism financing.

Arthur Breitman, co-founder of cryptocurrency project Tezos, has been barred by FINRA from any association with broker-dealers for two years.

Belgium has contributed €2 Million to support U.N. World Food Programme projects, including its blockchain payments pilot for Syrian refugees.

 

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