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Showing posts with the label April 05

RBI's True Stance On Cryptocurrency After Contradictory Reports

Let's look at the bigger picture in India at the moment, according to a study by Thomson Reuters, India is a nation 'on the fence' about cryptocurrency , Bitcoin is widely used there but at present there are no direct laws that inhibit cryptocurrencies in any way. We do know however that the Government are ... from Google Alert - cryptocurrency https://ift.tt/2HbUoxS via IFTTT https://ift.tt/eA8V8J

Okay, Let's Talk About John McAfee's Paid Cryptocurrency Promotions

John McAfee, founder of the security software company, revealed on Friday that he charges $105,000 USD to post a tweet promoting a client's cryptocurrency to his 813,000 Twitter followers. What's more, McAfee told The Independent on Wednesday, he's been “getting these fees for over six months,” ... from Google Alert - cryptocurrency https://ift.tt/2q8of24 via IFTTT https://ift.tt/eA8V8J

Bitcoin Payments In Asia Hold Strong As Cryptocurrency Prices Continue To Plummet

... now looking to spend Bitcoin for purchases,” Pair told me. And despite the price of Bitcoin dropping, Menlo Ventures – whose portfolio includes companies like Uber, Warby Parker and Roku - still decided to invest in BitPay's Series B round. This was also its first institutional cryptocurrency investment. from Google Alert - cryptocurrency https://ift.tt/2GZGDoo via IFTTT https://ift.tt/eA8V8J

300M Tokens: Is Tether (USDT) Cryptocurrency's Achilles Heel?

The vital role played by “stable coins” in the crypto market cannot be wished away. Cryptocurrency is so prone to volatility that creating a coin that could temper this down has always been muted. Quite fittingly, a number of them are coming into being, but at the moment, the most common is Tether ... from Google Alert - cryptocurrency https://ift.tt/2uOcV0y via IFTTT https://ift.tt/eA8V8J

The FTC Prepares for Blockchain and Cryptocurrency Fraud Crackdowns

Got blockchain? For many, the answer to this question is “no” but the technology and the medium of exchange built on it have arrived and many platforms and industries are looking to see how it can help facilitate transactions and allow for more efficiencies. Enter cryptocurrency , which relies upon ... from Google Alert - cryptocurrency https://ift.tt/2q4D3zF via IFTTT https://ift.tt/eA8V8J

US households owe $25 billion in taxes on cryptocurrencies, analyst Tom Lee estimates

U.S. households likely owe $25 billion in capital gains taxes for their cryptocurrency holdings, Thomas Lee, head of research at Fundstrat Global Advisors, says in a Thursday report. Last year, bitcoin soared more than 13 times in price and hit an all-time high above $19,000 in mid-December. It remains ... from Google Alert - cryptocurrency https://ift.tt/2qaKXqr via IFTTT https://ift.tt/eA8V8J

Cryptocurrency mining attacks mainly target universities

The global higher education sector has seen a sharp increase in potentially damaging cryptocurrency mining behaviours with universities the target of more than half of known attacks. Academic networks in Asian countries are the most heavily targeted, followed by institutions in North America and ... from Google Alert - cryptocurrency https://ift.tt/2GzPFsE via IFTTT https://ift.tt/eA8V8J

Seoul Is Developing Its Own Cryptocurrency

South Korea, a country that is already well-known as a trading hub for cryptocurrencies, is taking its relationship with blockchain and cryptos a step further. The country's capital and largest city, Seoul, is developing S-Coin, a cryptocurrency designed especially for municipal transactions, according to its ... from Google Alert - cryptocurrency https://ift.tt/2Jo2sft via IFTTT https://ift.tt/eA8V8J

Underground cryptocurrency trade thrives in China

Cryptocurrency investors in China have resorted to underground activities after the Beijing government banned Bitcoin trade in the country last year. But when it outlawed cryptocurrency -related activities like initial coin offerings (ICOs), the government unknowingly opened doors for underground ... from Google Alert - cryptocurrency https://ift.tt/2uP8brJ via IFTTT https://ift.tt/eA8V8J

Blockchain Tech Etherparty Launches “Three for Free” Contest on its Rocket Cryptocurrency ...

Etherparty Smart Contracts Inc., a Vancouver blockchain tech company, is now accepting applications for its Rocket Three for Free contest, which will offer three projects or startups the opportunity to win full use of Etherparty's new cryptocurrency crowdfunding platform, Rocket, free of charge. Founded by ... from Google Alert - cryptocurrency https://ift.tt/2Jo2mED via IFTTT https://ift.tt/eA8V8J

Google Eliminates All Nefarious Cryptocurrency Mining Chrome Extensions

Technology giants have made it perfectly clear that they want nothing to do with cryptocurrencies. Google, Twitter, and a few other companies ban cryptocurrency -related advertisements as of right now. Google is taking things one step further by officially banning cryptocurrency mining extensions ... from Google Alert - cryptocurrency https://ift.tt/2GGbdjh via IFTTT https://ift.tt/eA8V8J

Reserve Bank of India Bars Banks from Cryptocurrency Transactions

India's central bank has banned financial institutions from dealing with cryptocurrency exchanges, in what some Indian enthusiasts described a restrained first step towards imposing outright ban on the virtual coins that have recently exploded in popularity in the country. The Indian regulator moved on ... from Google Alert - cryptocurrency https://ift.tt/2GYbCRC via IFTTT https://ift.tt/eA8V8J

Top MBA programs beef up cryptocurrency courses to keep up with demand

MBA programs at Stanford, University of Pennsylvania, and Georgetown are adding more blockchain and crypto classes in 2018 to keep up with demand from students. The move is also being spurred by recruiters, especially in venture capital, which saw an 88 percent increase in blockchain ... from Google Alert - cryptocurrency https://ift.tt/2Ivfdns via IFTTT https://ift.tt/eA8V8J

Types of Cryptocurrency

Cryptocurrency platforms create an infrastructure to build new blockchain application. Ethereum is an example of a cryptocurrency platform built to run smart contracts. Factom allows developers to build secure record-keeping applications. Cryptocurrency applications are built on top of cryptocurrency  ... from Google Alert - cryptocurrency https://ift.tt/2GYdaeA via IFTTT https://ift.tt/eA8V8J

Japan is planning new rules for legalizing controversial cryptocurrency fundraising

A Japanese government-backed research group has put forward rules that would see initial coin offerings (ICOs) given regulatory definition and approval. China and South Korea banned ICOs last year due to concerns of illegal activity and speculative investing in the space. A CNBC investigation last ... from Google Alert - cryptocurrency https://ift.tt/2q8cSbk via IFTTT https://ift.tt/eA8V8J

Japanese Cryptocurrency Exchange Coincheck Accepts Monex Takeover Bid

In April 2017, new laws in Japan required all cryptocurrency exchanges in the country to seek a license from Japan's Financial Services Agency (FSA). Those exchanges that were in business before the laws went into effect were allowed to stay operational and undergo compliance checks while their ... from Google Alert - cryptocurrency https://ift.tt/2GA4Vlu via IFTTT https://ift.tt/eA8V8J

A 'seismic shift' is taking place in the cryptocurrency sector, analyst says

The days of overnight bitcoin millionaires are fading fast. As the price of the No. 1 digital currency continues to fall — declining more than 40% in the first quarter — the crypto hall of fame is fast becoming a hall of shame. While the story of Erik Finman, who became a millionaire after buying bitcoin ... from Google Alert - cryptocurrency https://ift.tt/2GBH8Wt via IFTTT https://ift.tt/eA8V8J

India's central bank bans financial firms from dealing with cryptocurrency

Regulated financial institutions in India can no longer provide services to companies or individuals dealing with virtual currencies, the Reserve Bank of India says. The statement comes as other regulators around the world are grappling with how to regulate digital assets like bitcoin. The Reserve Bank of ... from Google Alert - cryptocurrency https://ift.tt/2ElRDqR via IFTTT https://ift.tt/eA8V8J

Hacker steals coins from cryptocurrency Verge with a '51 percent' attack

Privacy-oriented cryptocurrency Verge (symbol: XVG) was apparently hacked Wednesday, with the attacker making off with around 250,000 coins with a value of roughly $15,000 (though some reports go as high as $1 million). Compared to some recent crypto-related hacks, this attack was particularly ... from Google Alert - cryptocurrency https://ift.tt/2JltEvv via IFTTT https://ift.tt/eA8V8J

Japan explores ways to formally regulate cryptocurrency ICOs

As U.S. government watchdogs increase scrutiny of initial coin offerings, or ICOs, Japan is exploring ways to formally regulate the process where companies issue tokens in exchange for cryptocurrencies. In a proposal by Tama University and the Center for Rule-making Strategies, the members set out ... from Google Alert - cryptocurrency https://ift.tt/2Iu0o4s via IFTTT https://ift.tt/eA8V8J