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Showing posts with the label 2018 at 09:07PM

Oscar Mayer bacoin cryptocurrency is way tastier than bitcoin

Thinking you should really jump into bitcoin, but find it so complicated it fries your brain cells? Turn to a tastier alternative: bacoin. On Monday (which was April 30, and not, we should note, April Fools' Day), meat company Oscar Mayer released a statement announcing bacoin, a "currency" that can be ... from Google Alert - cryptocurrency https://ift.tt/2Fy8WFA via IFTTT https://ift.tt/eA8V8J

Venezuela offers India 30% discount on crude but with cryptocurrency rider

Put on a pre-sale on February 20, Petro is the world's first state-backed cryptocurrency tied to the South American country's oil reserves. Many see this as the safest cryptocurrency , as Venezuela has the world's largest oil reserves of 300 billion barrels. The world's largest oil producer, Saudi Arabia, is a ... from Google Alert - cryptocurrency https://ift.tt/2Kk4YnA via IFTTT https://ift.tt/eA8V8J

France Outlines Significant Tax Cut for Cryptocurrency

The French government has announced a tax reform plan Thursday, which would reduce the tax rates on revenues generated by cryptocurrency transactions, and cut the high-band rate from 45 percent to 19 percent. . The tax reform announced by the French Council of State may just be an opening ... from Google Alert - cryptocurrency https://ift.tt/2r4OZlk via IFTTT https://ift.tt/eA8V8J

Ripple Says Sales of XRP Cryptocurrency Rose 83% In Q1

Ripple reported Wednesday that sales of its cryptocurrency XRP totaled $167.7 million in the first three months of 2018, an increase of 83% compared to the previous quarter and of 2,400% compared to the first quarter of 2017. According to a post on the firm's site, direct sales of XRP totaled $16.6 million ... from Google Alert - cryptocurrency https://ift.tt/2JxENbJ via IFTTT https://ift.tt/eA8V8J

Cryptocurrency Has The Potential To Go Mainstream Says Top Bank Regulator

“The longer we wait, the harder it is going to be to put the toothpaste in the tube. We know fraud is happening,” said Huizenga. While he said cryptocurrency abuses are a problem, the Michigan Republican said he doesn't think Congress needs to put something into law that defies common sense. from Google Alert - cryptocurrency https://ift.tt/2KgJZCd via IFTTT https://ift.tt/eA8V8J

Nasdaq CEO says open to cryptocurrency exchange in future

Nasdaq Inc is open to launching a cryptocurrency exchange in the future as the regulatory environment evolves, the head of the exchange operator said on Wednesday. The view that cryptocurrencies such as bitcoin will be a future way to support commerce is becoming more mainstream, Nasdaq's ... from Google Alert - cryptocurrency https://ift.tt/2HPCUKo via IFTTT https://ift.tt/eA8V8J

Op-Ed: It's Vital to Understand that Cryptocurrency is a Real Industry

During a meeting with my boss several months ago, he brought up a matter of scheduling - and I did not have my calendar in front of me. “What? No calendar?” he exclaimed. “You need to have your calendar with you; you need to write everything in it, and you need to bring it everywhere you go. from Google Alert - cryptocurrency https://ift.tt/2qSFJ2N via IFTTT https://ift.tt/eA8V8J

UK Banking Giant Barclays May Open a Cryptocurrency Trading Desk

One of the world's largest investment banks is quietly holding high-level discussions about establishing a dedicated cryptocurrency trading desk. Bloomberg reports that Barclays Plc, the second-largest bank in the UK, has begun gauging client interest in setting up a cryptocurrency trading desk. from Google Alert - cryptocurrency https://ift.tt/2JWjNfR via IFTTT https://ift.tt/eA8V8J

No-Fee Cryptocurrency Exchange Trading App to Support Litecoin and Ripple

Börse Stuttgart, second leading stock exchange in Germany, has declared that plans are set in motion for a crypto-exchange application to be launched that functions under the no-trading fee idea. The name of the app will be Bison and will be handling large cryptos like Ethereum [ETH], Bitcoin [BTC], ... from Google Alert - cryptocurrency https://ift.tt/2qAGZIs via IFTTT https://ift.tt/eA8V8J

Online marketplace Bunz is launching its own cryptocurrency

Bunz Inc., the popular, millennial-focused online marketplace that has built a cult-like following on its mantra to not use any form of money in the exchange of goods, is in fact launching its own cryptocurrency , BTZ — short for Bunz Trading Zone and pronounced “bits”. Each Bunz member — and there are ... from Google Alert - cryptocurrency https://ift.tt/2IJEudQ via IFTTT https://ift.tt/eA8V8J

Declare Cryptocurrency Gains or Losses, South Africa Tells Taxpayers

South Africa's tax agency has told taxpayers that cryptocurrency -related income will fall under normal tax rules and may also be liable for capital gains tax. The South African Revenue Service (SARS) has reminded taxpayers that the onus is entirely on them to declare cryptocurrency gains or losses as ... from Google Alert - cryptocurrency https://ift.tt/2qotknh via IFTTT https://ift.tt/eA8V8J

Pakistan Bans Banks From Working With Cryptocurrency Firms

Pakistan's central bank recently released a statement barring financial organizations in the country from performing business with cryptocurrency firms. This move makes the central bank the latest institution to bar banks from working with cryptocurrency exchange. According to the bank's statement via its ... from Google Alert - cryptocurrency https://ift.tt/2HlaqW4 via IFTTT https://ift.tt/eA8V8J

Cryptocurrency and taxes – it's complicated

The IRS has its eye on cryptocurrency investments. If you traded or sold any kind of cryptocurrency last year, here's what you need to know before tax day. In 2014, the IRS issued one notice — IRS Notice 2014-21, 2014-16 IRB 938 — about cryptocurrency (let's call it “the 2014 Notice”). This is ... from Google Alert - cryptocurrency https://ift.tt/2IzwEDd via IFTTT https://ift.tt/eA8V8J

Check out this $69000 cryptocurrency mining setup on Craigslist

Having trouble finding a higher end graphics card at a fair price? Well good news—for the low price of just $69,000, you can take possession of 100 graphics cards, along with more than a dozen power supplies and a whole bunch of other hardware. It's all part of a Craigslist ad to dump a cryptocurrency  ... from Google Alert - cryptocurrency https://ift.tt/2q1BiD6 via IFTTT https://ift.tt/eA8V8J

Global Cryptocurrency Groups Plan to Sue Google, Facebook Over Advertising Ban

The Russian Association of Crypto-Currency and Block-Finish (RACIB) and industry associations in Korea and China are planning to sue Google, Twitter, Facebook and Yandex for refusing to place cryptocurrency advertising, RACIB head Yuri Pripachkin told the Blockchain RF-2018 congress. from Google Alert - cryptocurrency https://ift.tt/2E2X79E via IFTTT https://ift.tt/eA8V8J

Will A US Company Ever Issue Its Own Cryptocurrency?

A woman wears a black Pornhub t-shirt after the DSquared2 show during Milan Men's Fashion Week Fall/Winter 2018/19 on January 14, 2018. Some blockchain investors think Pornhub could be one of the first brand named companies to issue their own cryptocurrency . (Photo by Melodie Jeng/Getty ... from Google Alert - cryptocurrency http://ift.tt/2ICmNgO via IFTTT http://ift.tt/eA8V8J

Ethereum CEO defends cryptocurrency amid claims bubble has burst: 'It's shortsighted'

Speaking to Bloomberg, Joseph Lubin, co-founder of ethereum, said that despite acknowledging a correction in bitcoin and other cryptocurrencies prices, it would be premature to say the cryptocurrency has popped. He said: “It may be hard to tell because we're so focused on ethereum, we're so focused ... from Google Alert - cryptocurrency http://ift.tt/2HG9VF2 via IFTTT http://ift.tt/eA8V8J

Why China's Neo Can Do What No Other Cryptocurrency Can

Amid recent bans imposed by China, Neo has the potential to emerge as the cryptocurrency of choice in the heavily regulated nation, and perhaps across the globe. (For more, see China Intensifies Crackdown On Bitcoin Mining.) Since its inception, Neo's Onchain technology was designed to be ... from Google Alert - cryptocurrency http://ift.tt/2pfvCoa via IFTTT http://ift.tt/eA8V8J