Monthly Archives: May 2018

Vitalik Buterin Reportedly Pursued By Google, Asked Followers For Opinion In Deleted Poll

Vitalik Buterin, the co-founder of Ethereum, reportdely posted and then deleted a tweet about being recruited to work for Google. Google is apparently trying to recruit Ethereum (ETH) co-founder Vitalik Buterin to join their team, according to a since removed tweet by Buterin, reportedly posted May 20. Buterin posted a since deleted tweet with a screenshot allegedly from a Google recruiter asking if Google “ma[d]e sense for you now or in the future,” along with a poll to the Twitter community over whether or not to take […]

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Taxes On Restricted Crypto And Options Can Be Confusing: Expert Take

How the IRS is going to tax your future income. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. This text shouldn’t be considered as legal advice. There is considerable talk today about crypto investments for everyone, for individual retirement accounts, via index funds, and more. There are also plenty of crypto-related startups, some of which have gotten […]

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Germany’s BaFin Visits National Bank of Georgia to Discuss Crypto Regulations

Germany’s supervisory authority met with Georgian financial authorities to share crypto regulation experience and expertise. One of the largest financial supervisors in Europe met with the National Bank of Georgia (NBG) and other members of the finance sector to discuss cryptocurrency regulation, according to a post on the NBG’s site May 18. According to the post, a representative from Germany’s Federal Financial Supervisory Authority (BaFin) met with members of the NBG, the international financial institutions (IFI), private sector, commercial banks, brokers, audit, and legal companies to increase […]

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Volatility: The Necessary Evil Of Cryptocurrency And How To Handle It

While crypto’s famed volatility can be terrifying for investors, it is something that needs to be weathered. Part of what has cemented cryptocurrencies on the map since they exploded into the mainstream investor market has been their volatility. Investors flooded to the likes of Bitcoin when, through November and December 2018, the value of the cryptocurrency increased in value exponentially. However, such volatility is a two-edged sword, and the cryptocurrency market has shown that in 2018 with Bitcoin’s price shedding more than 50 percent at times from […]

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Hebron Resident Accused of Laundering Millions From Stolen Credit Cards With Bitcoin

The Tel Aviv District Court has received today an indictment against Halmi Git, a 33-year-old from the Palestinian city of Hebron, for a wide-ranging affair involving the management of forums for the sharing and sale of stolen credit card details. His forums have allegedly involved about 1,300,000 users from around the world, leading to massive fraud. Also Read: Bitcoin in Brief Monday: New EU Rules Kill Another Crypto Venture Stealing Even From the Moon According to the indictment, the defendant established the forums in 2008 and managed […]

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Thai SEC Holds Focus Group to Clarify New Crypto, ICO Regulations

The Thai Securities and Exchange Commission held a focus group today to discuss ICO regulations laid out in recently released crypto legislation. Thailand’s Securities and Exchange Commission (SEC) held a focus group on cryptocurrency regulation today, May 21, streamed on Facebook Live. The hearing focused on the SEC’s approach to crypto-related businesses and fundraising through Initial Coin Offerings (ICO), local news outlet Siam Blockchain reports. Today’s focus group clarified that ICOs can only raise funds in the Thai baht and cryptocurrencies permitted by the SEC – those […]

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Walmart Files Patent for Blockchain-Based Customer Marketplace

Walmart’s latest blockchain-related patent proposes a platform that would let customers resell items they no longer need. Walmart has filed a patent for a blockchain-based marketplace for reselling purchased products, according to a US Patent and Trademark Office USPTO patent filing from May 17. The application describes a service that would record a customer’s purchases in a blockchain ledger, thus allowing the customer to resell the items on a sales platform using the record of purchase. The patent notes that since customers don’t always plan to use […]

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Onchain Capital Founder Bullish on BCH and ETH

The founder of Onchain Capital, and host of CNBC Africa’s ‘Crypto Trader’ show, Ran Neu-Ner, recently discussed his outlook for cryptocurrency regulation, initial coin offering (ICOs), and shared his outlook for several top cryptocurrencies markets. Mr. Neu-Ner described Bitcoin Cash and Ethereum as markets that he intends to ‘HODL’, adding that right now, he is passing on BTC in favor of more “exciting” virtual currency markets. Also Read: Blockchair Feed Reveals Messages Encoded in the BCH, BTC and ETH Blockchains Onchain Capital Founder Warns That Lack of Regulations May […]

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The Old New Thing: ICE and the Future of Bitcoin Trading and Regulation

As reported earlier by The New York Times (NYT) and Bitcoin Magazine, Intercontinental Exchange (ICE), parent company of the New York Stock Exchange (NYSE), is developing an online trading platform that would allow large investors to trade bitcoin directly. As news about the ICE platform continues to develop, Bitcoin Magazine spoke with lawyers Ben Sauter and Dave McGill of Kobre & Kim, a New York City law firm which specializes in disputes and investigations, to examine the regulatory issues surrounding the launch of such a platform, including […]

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Promoted: ASK.fm Tokenizes Q&A

ASK.fm is one of the largest question and answer social networks in the world. The company’s recent announcement of the sale of its utility token (ASKT) has left many people wondering why a company that has been around since 2010 would make such a dramatic shift. Now, it has become clear that the company sees an initial coin offering (ICO) as its opportunity to take a leap into the decentralized economy. ASK.fm plans to do this by tokenizing social interactions within its network. Currently, ASK.fm has 215 […]

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