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Showing posts with the label April 13

Another initial coin offering 'exit scam' steals $660M from Vietnam's investors

A budding cryptocurrency firm located in Vietnam is accused of raising funds from an initial coin offering and disappearing with the money. Modern Tech, based in Ho Chi Minh City, set out to launch two cryptocurrency platforms: iFan for making payments between celebrities and fans, and Pincoin for ... from Google Alert - cryptocurrency https://ift.tt/2HoTf8L via IFTTT https://ift.tt/eA8V8J

Crypto Taxes – Credit Karma Reports 0.04% of Users Reported Cryptocurrency to IRS

Crypto Taxes – As April 17th closes in Credit Karma, the highly used Tax platform in the US, announced that less than 100 people have reported capital gains from cryptocurrency investments in 2017. CNBC reported that this figure was out of the 250,000 most recent tax filers. Back in early February, the ... from Google Alert - cryptocurrency https://ift.tt/2H2ySdS via IFTTT https://ift.tt/eA8V8J

Coin Drop Markets CEO Gives Up Defense In Critical CFTC Cryptocurrency Case

On April 11, 2018, Patrick K. McDonnell – a defendant in the Commodity Futures Trading Commission's case against CabbageTech, Corp (DBA Coin Drop Markets) – submitted a letter to Judge Roanne L. Mann of the US District Court for the Eastern District of New York. "I do not have the proper ... from Google Alert - cryptocurrency https://ift.tt/2Hm2XbN via IFTTT https://ift.tt/eA8V8J

Yahoo Japan is getting into the cryptocurrency industry

Yahoo Japan is getting into the cryptocurrency industry. The company on Friday said it intended to buy a minority stake in bitARG Exchange Tokyo, a Tokyo-based cryptocurrency exchange. Financial terms of the deal, which is for a 40 percent stake in the exchange, were not published although a source ... from Google Alert - cryptocurrency https://ift.tt/2GX5EkO via IFTTT https://ift.tt/eA8V8J

Germany's No. 2 Stock Exchange Unveils Crypto Trading App

The fintech arm of Germany's second-largest stock exchange is set to launch a cryptocurrency trading app later this year. Sowa Labs, a subsidiary of Börse Stuttgart, unveiled the app on Friday, which it said would be available for use in September and will initially offer trading support for bitcoin, ether, ... from Google Alert - cryptocurrency https://ift.tt/2Hz0PLy via IFTTT https://ift.tt/eA8V8J

10 Cryptocurrency Alternatives to Bitcoin

Bitcoin is back. Kind of. The biggest financial story of 2017, the cryptocurrency Bitcoin was worth less than $1,000 in January, then worth more than $29,000 by December. As 2018 opened, the Bitcoin market was worth over $250 billion – more than AT&T (T). The new year was unkind to Bitcoin, which ... from Google Alert - cryptocurrency https://ift.tt/2IT7dwD via IFTTT https://ift.tt/eA8V8J

Why The Telegram Ban Is Good News For GRAM

Telegram, the messaging app preferred by the globetrotting anarcho-libertarians of the cryptocurrency world, has been shut down by the Russian government. Fans of the app will not be moved by the news. In fact, it's a plus. It proves its Russian founder, Pavel Durov, now living in self-imposed exile ... from Google Alert - cryptocurrency https://ift.tt/2qwyPAQ via IFTTT https://ift.tt/eA8V8J

Bitcoin can create some sticky tax situations—here's what experts say investors should do

In the ever-developing cryptocurrency world, everything from "bitcoin mining" to "airdrops" could add to the tax bill. "What surprised me was the number of people that I've spoken with that didn't necessarily believe that many of these trades were subject to tax," said Michael Meisler, global blockchain ... from Google Alert - cryptocurrency https://ift.tt/2qvrd0P via IFTTT https://ift.tt/eA8V8J

Famous names being used in cryptocurrency scams

The adverts are often placed on social media and other websites and use images of famous individuals to promote fraudulent cryptocurrency investments. Clicking on the advert takes you to the full article where their images are presented along with fake quotes recommending you make investments ... from Google Alert - cryptocurrency https://ift.tt/2H0o8Ba via IFTTT https://ift.tt/eA8V8J

Yahoo Japan buys a minority stake in a Tokyo cryptocurrency exchange

Yahoo Japan has gotten its hands on 40 percent of a Tokyo-based cryptocurrency exchange set to launch this fall. The investment, made in BitARG Exchange through a Yahoo Japan subsidiary gives the company a minority stake with BitARG parent company CMD Laboratories still maintaining 60 ... from Google Alert - cryptocurrency https://ift.tt/2JHHsAM via IFTTT https://ift.tt/eA8V8J

Yahoo Japan Buys Stake in Cryptocurrency Exchange

Yahoo Japan confirmed Friday that it has purchased a minority stake in a Japanese cryptocurrency exchange. Z Corporation, a subsidiary wholly owned by Yahoo Japan, acquired a 40 percent stake in BitArg Exchange Tokyo, valued at 2-3 billion yen (about $18.6 -$27 million), according to Reuters. from Google Alert - cryptocurrency https://ift.tt/2vcgQEH via IFTTT https://ift.tt/eA8V8J

Cryptocurrency NEO founder to speak at Amsterdam event

Da Hongfei, founder of NEO - currently one of the top cryptocurrencies in the world, will be speaking at a NEO loves Amsterdam event at the DeLaMar theater in Amsterdam this weekend. The event will host several speakers, including Da Hongfei himself. They will discuss the latest projects, ... from Google Alert - cryptocurrency https://ift.tt/2JHQb5Q via IFTTT https://ift.tt/eA8V8J

Tribeca Film Festival is embracing cryptocurrency and tech

Then there's cryptocurrency . Tribeca is premiering psychological thriller “BRAID,” the first major feature film to be funded through an equity crowdsale using cryptocurrency . The “BRAID” token sale on the Ethereum Blockchain raised $1.7 million in two weeks with Joseph Lubin, blockchain entrepreneur, ... from Google Alert - cryptocurrency https://ift.tt/2EJONMu via IFTTT https://ift.tt/eA8V8J

Cryptocurrency Trading Upended in Chile as Banks Close Accounts

It's a common struggle for cryptocurrency businesses worldwide to find a reliable banking partner, and Chile's financial institutions seem to be implementing a blanket ban on the industry. While it isn't clear if the shutdowns are at the government's behest, cryptocurrency fans are worried the South ... from Google Alert - cryptocurrency https://ift.tt/2GZ7ZaM via IFTTT https://ift.tt/eA8V8J

Cryptocurrency Prices: The Worst Is Behind

Any asset, no matter whether it is a publicly owned common stock or a cryptocurrency , goes through a testing period ccall it a seasoning process). The recently completed quarter was the first time crypto investors were forced to deal with adverse news: government regulators threatening, wallets being ... from Google Alert - cryptocurrency https://ift.tt/2HCvnME via IFTTT https://ift.tt/eA8V8J

Yahoo Japan invests in a cryptocurrency exchange platform launching this fall

BitARG Exchange Tokyo confirmed on Friday, April 13, that it made a deal to sell stock shares to a subsidiary of Yahoo Japan. This investment will bring in Yahoo Japan's “service operation and security expertise” to strengthen BitARG's upcoming cryptocurrency exchange platform. Yahoo Japan now ... from Google Alert - cryptocurrency https://ift.tt/2GWkX9f via IFTTT https://ift.tt/eA8V8J

Bitcoin Above $8000; Cryptocurrency Exchange Coinsecure Robbed Of $3 Million

Meanwhile the Indian cryptocurrency exchange Coinsecure has admitted almost $3 million has been stolen from its Bitcoin wallet. It is the biggest such theft so far in the South Asian country's fledgling virtual currency market. "We regret to inform you that our Bitcoin funds have been exposed and seem to ... from Google Alert - cryptocurrency https://ift.tt/2HystIH via IFTTT https://ift.tt/eA8V8J

Does cryptocurrency have a transparency complex?

Back in January, Facebook announced that it was banning cryptocurrency advertising from the platform altogether; citing that “there are many companies who are advertising binary options, ICOs and cryptocurrencies that are not currently operating in good faith.” Then, just two months later Google ... from Google Alert - cryptocurrency https://ift.tt/2H007Gl via IFTTT https://ift.tt/eA8V8J

Bitcoins Worth $3M Stolen from India's Cryptocurrency Trading Platform Coinsecure

One of India's biggest cryptocurrency trading platforms has lost about 438 Bitcoins worth some 190 million rupees ($3 million), allegedly due to a rogue employee. An official at Delhi-based Coinsecure was extracting Bitcoin to distribute to customers and he claims the funds were lost in the process, ... from Google Alert - cryptocurrency https://ift.tt/2IQwSWK via IFTTT https://ift.tt/eA8V8J

People Who Own Cryptocurrency Are Getting Slammed With More Taxes Than They Expected

In January 2014, Nevada-based attorney Tyson Cross wrote a Reddit post that attempted to make sense of cryptocurrency taxes. Bitcoin had experienced a small boom that year, and the IRS had yet to weigh in on how it should be taxed. Many people were lost when it came to paying the government for ... from Google Alert - cryptocurrency https://ift.tt/2EIYFGm via IFTTT https://ift.tt/eA8V8J