Monthly Archives: April 2018

Wall Street Bitcoin Bull Tom Lee Predicts “Massive Outflow” Of Crypto Before Tax Day

Wall Street’s Tom Lee notes in a recent report that a need to convert crypto to fiat will rise exponentially in the lead up to tax day on April 17. Fundstrat’s Tom Lee has predicted a “massive outflow” of cryptocurrency to fiat in the lead up to tax day in the US, CNBC reports today, April 5. In a Thursday report Lee notes that, since US households owe an estimated $25 bln in capital gains taxes due to their crypto holdings, and crypto exchanges also will owe […]

More info

Facebook And Trade Wars: What’s Happening With The Stock Market?

Does the Recent Stock Market Decline Have Anything to Do With Bitcoin? This article does not contain investment advice or recommendations. Every investment and trading move involves risk, you should conduct your own research when making a decision. The US stock market recently posted its worst week since Jan. 2016, when weak economic data from Chain sparked a global selloff, an event that rekindled worries over global economic growth. Over the five days between March 19 and March 23, US stocks fell roughly 6 percent, European stocks […]

More info

Professionals To Be Paid For Their Data Through Blockchain Protocol

sponsored A Blockchain platform wants to cut out middlemen when businesses and professionals are forging new relationships, giving all parties greater control over data. A new Blockchain platform wants to empower professionals by giving them full control of their data by cutting out the middlemen who make money out of their personal details. Profede says its protocol is designed to make it easier and more cost effective for companies to contact individuals with job offers and business opportunities. Under this decentralized approach, professionals are paid every time […]

More info

Big Tech Are Banning Crypto And ICO Ads – Is There A Reason to Panic?

Major social media platforms have kicked out crypto and ICO related ads. Google will introduce similar actions in the nearest future. How does it actually affect the industry? Major social media platforms, including Facebook, Instagram and Twitter have recently banned advertising for cryptocurrencies and initial coin offerings (ICOs), whilst Google will introduce similar regulations in June 2018. Facebook came first saying that such ads are related to ‘deceptive promotional practices’ and setting a precedent for other social media giants that have taken similar action towards crypto and […]

More info

In a Blow to Bitcoin, India Bans Banks from Dealing in Cryptocurrencies

In what amounts to a major clampdown down on bitcoin and other cryptocurrencies, the Reserve Bank of India (RBI) announced in a press release today, April 5, 2018, that it is banning banks and regulated financial entities from dealing with digital currencies. “In view of the associated risks, it has been decided that, with immediate effect, entities regulated by RBI shall not deal with or provide services to any individual or business entities dealing with or settling [virtual currencies],” India’s central bank said.    What this means […]

More info

Emin Gün Sirer Discusses Cryptocurrency Academics and Proof-of-Stake

At the Satoshi’s Vision Conference in Tokyo, our Bitcoin.com video host Mike Malley chatted with the Cornell CS professor Emin Gün Sirer about on-chain scaling and the Bitcoin Cash network.   Also Read: ABC Developer Amaury Séchet on the Future of Bitcoin Cash The Academic Side of Blockchain Technology and Cryptocurrency Solutions Emin Gün Sirer is a well-known researcher who specializes in computer networking and peer-to-peer systems who also teaches as a computer scientist professor at Cornell University. The professor has been very vocal during the course of […]

More info

Japanese Cryptocurrency Exchange Coincheck Accepts Monex Takeover Bid

Coincheck, the Tokyo-based cryptocurrency exchange that has been struggling to get back on its feet since it suffered a devastating hack on January 26, 2018, has agreed to accept a takeover bid by Monex Group, a Japanese online brokerage firm. As part of that, Chief Operating Officer at Monex Toshihiko Katsuya will to take over as Coincheck’s new president, while Coincheck’s founding President Koichiro Wada and Chief Operating Officer Yusuke Otsuka will step down, according to Nikkei Asian Review. Rumors of the possible takeover bid and management […]

More info

India’s Central Bank To Stop Dealing With All Crypto-Related Accounts, ‘Not Ban On Crypto’ Commenters Say

India’s central bank will stop associations with all entities related to cryptocurrency, citing the “associated risks” like money laundering The Reserve Bank of India (RBI) has announced that the bank will no longer provide services to any person or business that deals with cryptocurrencies, adding that it is also looking into releasing its own cryptocurrency in the future, according to a “Statement on Developmental and Regulatory Policies” released today, April 5. India’s Finance Ministry had criticized Bitcoin (BTC) and cryptocurrencies for their “lack of intrinsic value” in […]

More info

CEO of Korean Exchange Coinnest among Four Arrested for Fraud

South Korean police have arrested four high-ranking representatives of two cryptocurrency exchanges, including Coinnest’s CEO. They were detained on arrest warrants issued after a fraud investigation, prosecutors said. The executives are accused of embezzling funds belonging to customers and may face additional charges. Also read: Three South Korean Crypto Exchanges Raided for Diverting Funds Suspects Transferred Billions of Won to Their Accounts Police officials and prosecutors in Seoul announced they have detained four executives of two South Korean cryptocurrency exchanges. Kim Ik-hwan, co-founder and CEO of Coinnest, […]

More info
1 2 3 4