Monthly Archives: August 2019

Facebook Hires Former Aide to US Sen. Mike Crapo to Lobby for Libra

Susan Stoner Zook, former assistant to Senate Banking Committee Chair Mike Crapo, will be part of Facebook’s Libra lobbying team. Facebook hired former assistant of United States Republican senator Mike Crapo, Susan Stoner Zook, to join the lobbying team for its Libra stablecoin. Facebook doubles down on Libra lobbying News outlet Politico reported on Aug. 5 that Zook had been hired onto Facebook’s team of lobbyists working to win lawmakers over to Libra. Per the report, she wrote in an email that she will focus her work […]

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UK’s Tax Authority Requests User Data From Crypto Exchanges: Report

UK tax authority has reportedly asked digital currency exchanges to provide it with customers’ names and transactions data to locate tax evasion. The United Kingdom’s tax, payments and customs authority Her Majesty’s Revenue & Customs (HMRC) has reportedly requested that digital currency exchanges provide it with information about customers’ names and transactions aiming to identify cases of tax evasion. Crypto exchanges come under fire According to fintech-focused media outlet Coindesk, industry sources said that the agency has sent letters to at least three crypto exchanges in the […]

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tZERO Announces Patent for Traditional Exchange Blockchain Integration

Blockchain startup tZERO, announced that it has been awarded a patent for a technology storing exchange data on public blockchains. Blockchain startup tZERO, announced that it has been awarded a patent for a technology allowing to anchor traditional trades and exchanges to public blockchains. A blockchain integration for exchanges The company announced the development in a press release published on Aug. 6. The patent reportedly describes an integration by the Time Ordered Merkle Epoch (TOME) methodology. The release’s author explains TOME as “a base-layer technology that uses […]

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Over 50% of Morgan Creek Founder Anthony Pompliano’s Net Worth Is In BTC

Founder of the capital management firm Morgan Creek Antony Pompliano says that over half of his net worth is in Bitcoin. Founder of the capital management firm Morgan Creek Antony Pompliano said on CNBC’s Squawk Box that over half of his net worth is in Bitcoin (BTC). In a video published on Twitter on Aug. 6, channel’s another guest, Canadian businessman and TV personality Kevin O’Leary, called this “a shame”: “That’s crazy. I forbid that, that’s insane, that breaches everything about diversification in investing. […] 50 percent? […]

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More Cities and Regions Accepting Coins for Taxes, Services

Cryptocurrency payments, as convenient as they can be, are still something most governments are trying to wrap their heads around and regulate. Local authorities, however, being closer to the citizens they are called upon to serve, are often quicker to adopt novelties that make their lives and the lives of ordinary people much easier. More of them are introducing cryptocurrency as a payment option for the taxes they collect and the services they provide. Also read: More Signs the Next Big Financial Crisis Begins in Germany Two […]

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BlockFi Raises Over $18M in a Round Led by PayPal Co-Founders’ VC Firm

Crypto lender BlockFi secured $18.3 million in a funding round led by a PayPal co-founder’s VC firm Valar Venture. American cryptocurrency lender BlockFi has secured $18.3 million in a funding round led by Valar Ventures. The Series A funding round saw participation from a number of crypto-focused investors, including Winklevoss Capital and Galaxy Digital, according to a press release shared with Cointelegraph on Aug. 6. Other investors included ConsenSys Ventures, Akuna Capital, Avon Ventures, Susquehanna, CMT Digital, Morgan Creek and PJC. Valar, founded by PayPal co-founder Peter […]

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One Satoshi Now Worth More Than 7 National Currencies!

one satoshi is beating out national currencies, bitcoin SV oopsie, bitmain loses 625 million, and much more! Social Media: Follow me on Dlive: https://dlive.tv/MrSotko Follow me on Twitch: http://www.twitch.tv/mrsotko Follow me on Twitter: https://twitter.com/MrSotkoGaming Follow Me On Steem: https://steemit.com/@mrsotko Support Me On Patreon: https://www.patreon.com/mrsotkogaming Discord: https://discord.gg/r2Yf8Ae Want to donate to the channel? Donate Litecoin and send me an email saying how much you sent and I’ll try to thank you at the end of the next video! Litecoin donation address: LZaQgPhBvQT6PC2gAnLsQGPPaYDPm5dyNx Ethereum only donation address: 0x125DE6B8FAb078701e0b11ECb1A6bDF3aF9E73dc Bitcoin […]

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Fed’s New Payment System Announced: FedNow | BTC $11,000 🚀| Litecoin Halvening | Much Crypto News!

😀 𝙏𝙝𝙖𝙣𝙠 𝙔𝙤𝙪 𝙁𝙤𝙧 𝙒𝙖𝙩𝙘𝙝𝙞𝙣𝙜! HELPFUL LINKS / SOURCES ► Audio-Only Version Of This Video – https://soundcloud.com/omar-bham/feds-new-payment-system-announced-fednow-btc-11000-litecoin-halvening-much-crypto-news ► Buy “The Fourth Turning” Book – https://amzn.to/2KgRVFo ► How Interest Rate Changes Affect Bank Profitability – https://www.investopedia.com/ask/answers/041015/how-do-interest-rate-changes-affect-profitability-banking-sector.asp ► MasterCard Is Hiring A Blockchain Team – https://www.coindesk.com/mastercard-is-building-a-team-to-develop-crypto-wallet-projects ► Coinbase Is Exploring New Assets For Their Platform – https://blog.coinbase.com/coinbase-continues-to-explore-support-for-new-digital-assets-4d2ecbcbd38c ► Litecoin Just Halved It’s Reward For Miners – https://www.coindesk.com/litecoin-just-halved-its-crypto-rewards-for-miners ► LTC Post-Halving: What’s Next? – https://bitcoinist.com/litecoin-price-rally-halts-post-halving-whats-next/ ► $5 Billion Zimbabwe Bill Post On r/Bitcoin – https://www.reddit.com/r/Bitcoin/comments/cm9wrl/5_billion_zimbabwe_dollar_bill_this_is_the_best/ ► The Whiskey Rebellion – […]

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Bitcoin Price Flash Crashes by $700 in Minutes Back Below $12K

Most of the top 20 cryptocurrencies are reporting mixed movements on the day by press time, as Bitcoin breaks the $11,800 mark again. The top 20 cryptocurrencies are seeing mixed movements as Bitcoin (BTC) suddenly flash crashed in minutes from $12,300 to as nearly $11,600. Market visualization. Source: Coin360 Nevertheless, Bitcoin price is still currently up by 1.5% on the day, trading at around $11,813 at press time, according to Coin360. Looking at its weekly chart, the coin is up by about 24.33%. Bitcoin 7-day price chart. […]

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Israeli BTC Investors Can’t Pay Taxes as Banks Refuse Deposit

Israeli Bitcoin investors are unable to pay their taxes as banks aren’t accepting deposits obtained from cryptocurrencies. Israeli Bitcoin (BTC) investors are unable to pay their taxes as banks do not accept deposits obtained from cryptocurrencies. Israeli banks freeze up the minute they hear “Bitcoin” Israeli newspaper Haaretz reports on Aug. 6 that local crypto investors are unable to deposit the returns of their Bitcoin investments into bank accounts due to money laundering and terrorist financing concerns. Bitcoin is not recognized as a currency in Israel and […]

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