Skip to main content

Posts

Showing posts with the label 2018 at 01:15PM

Japan to impose tough cryptocurrency exchange rules to reduce risk of cyberattacks, exit scams

Since 2014, when the exchange vanished taking millions of dollars' worth of cryptocurrency belonging to investors with it, numerous cryptocurrency trading posts have become victims of cyberattacks, have experienced data breaches, and some exchanges have been nothing more than exit scams which ... from Google Alert - cryptocurrency https://ift.tt/2rv4BxV via IFTTT https://ift.tt/eA8V8J

The Three Layers Of Cryptocurrency Security

The cryptocurrency marathon started in 2009 from the initial release of Bitcoin -- the first decentralized cryptocurrency . By definition, a decentralized system operates with no servers and each participant is allowed execute transactions. In the case of the blockchain, each participant also has to perform ... from Google Alert - cryptocurrency https://ift.tt/2rhsY2L via IFTTT https://ift.tt/eA8V8J

Cryptocurrency: Maybe It Isn't So Cool Any More

This is problematic. For something like Bitcoin to have value as a currency, and not merely as a new asset class, it must overcome its volatility problem. Cryptocurrency is too volatile for many, if not most, forms of commerce. And even as a financial investment, the payout is predicated on what I call “the ... from Google Alert - cryptocurrency https://ift.tt/2rfegsd via IFTTT https://ift.tt/eA8V8J

Pantera Capital CEO: $40 Trillion Cryptocurrency Market Cap Is 'Definitely Possible'

The CEO of blockchain investment fund Pantera Capital Management has made the bullish claim that the cryptocurrency market could one day balloon to $40 trillion. Speaking during a panel interview on Bloomberg Television yesterday, Dan Morehead, the chief executive and founder of Pantera ... from Google Alert - cryptocurrency https://ift.tt/2JxhlLW via IFTTT https://ift.tt/eA8V8J

Philippines Legalizes Cryptocurrency Exchanges in Economic Zone

The Philippine government is welcoming nearly a dozen cryptocurrency companies to operate in a special tax-friendly economic zone situated in close proximity to a number of neighboring countries. According to a Reuters report, the Philippines will legalize the entry of 10 blockchain and cryptocurrency  ... from Google Alert - cryptocurrency https://ift.tt/2HufjeY via IFTTT https://ift.tt/eA8V8J

Basis—the “stable” cryptocurrency with $133 million invested—explained

Last week, we learned that an impressive slate of Silicon Valley investors was pouring $133 million into Basis, a company that aims to create a cryptocurrency with a stable value against the dollar. It's easy to see why investors would be excited about a project like this. If successful, it would provide all the ... from Google Alert - cryptocurrency https://ift.tt/2qXj0Ug via IFTTT https://ift.tt/eA8V8J

Cambridge Analytica designed cryptocurrency to sell back your personal data

In a twist of irony, Cambridge Analytica — which worked on Donald Trump's digital campaign strategy and was the subject of scandal for Facebook — had been quietly working on its own virtual currency designed for an initial coin offering, or ICO. Cambridge Analytica's cryptocurrency was conceived as ... from Google Alert - cryptocurrency https://ift.tt/2HKaHT0 via IFTTT https://ift.tt/eA8V8J

Tim Draper to host cryptocurrency celebration

Those curious about the cryptocurrency craze will have an opportunity to immerse themselves in all things digital currency Thursday evening at the 2018 Block (Chain) Party hosted by the coworking space Hero City at Draper University in San Mateo. East Third Avenue between El Camino Real and San ... from Google Alert - cryptocurrency https://ift.tt/2GW3uxV via IFTTT https://ift.tt/eA8V8J

What Happens if You Don't Report Cryptocurrency Capital Gains on Your Federal Tax Return?

In 2017, cryptocurrency investors could seemingly have thrown a dart at any of the largest virtual currencies by market cap and walked away having made a significant profit. There were well over one dozen large digital currencies that soared more than 11,700% last year, including Ripple and NEO, ... from Google Alert - cryptocurrency https://ift.tt/2GRWLJb via IFTTT https://ift.tt/eA8V8J

FSA orders 2 cryptocurrency firms to cease operations

The Yomiuri Shimbun The Financial Services Agency has ordered two cryptocurrency exchange operators to suspend operations for two months over deficiencies in how they manage customers' assets and other reasons. The orders to halt operations until early June were issued Friday to ... from Google Alert - cryptocurrency https://ift.tt/2JvhEI2 via IFTTT https://ift.tt/eA8V8J

Sars clarifies its stance on bitcoin

The South African Revenue Service (Sars) will continue to apply “normal income tax rules” to cryptocurrencies such as bitcoin and has urged taxpayers to declare cryptocurrency gains or losses as part of their taxable income. The growing popularity of cryptocurrencies such as bitcoin and ethereum and ... from Google Alert - cryptocurrency https://ift.tt/2uNGYFI via IFTTT https://ift.tt/eA8V8J

America's Largest Bitcoin Exchange Is Going to Invest in Cryptocurrency Startups

Coinbase was once described by investor Fred Wilson as being “like JPMorgan or Goldman Sachs for blockchain.” Now, the U.S.'s largest cryptocurrency exchange is itself set to become an investor in other companies that develop products and services for the virtual coin sector. The company on ... from Google Alert - cryptocurrency https://ift.tt/2q9WzdV via IFTTT https://ift.tt/eA8V8J

Google Just Made It Harder to Mine Cryptocurrency with Chrome

Google has had enough of Chrome browser extensions that mine cryptocurrency using the processing power of users' computers. The company had already been taking down extensions that mine cryptocurrency without informing the extensions' users—a practice known as cryptojacking. But now it's ... from Google Alert - cryptocurrency https://ift.tt/2Iqn6ut via IFTTT https://ift.tt/eA8V8J

Thailand to Levy a hefty Value Added Tax on cryptocurrency.

As a move to seal loopholes in the cryptocurrency industry, Thailand is very close to officially introducing a value added tax on cryptocurrency . This comes at a time when governments the world over are concerned cryptos could be used for money laundering and evading tax. According to Nikkei Asian ... from Google Alert - cryptocurrency https://ift.tt/2GNbDb2 via IFTTT https://ift.tt/eA8V8J