-Bitcoin news, price, information & analysis
It’s been reported earlier this week that Yassin Hankir, CEO of German-based startup Savedroid, took off with the $50 million raised in its initial coin offering. The following day, Hankir posted a Youtube video to explain that it was a ‘drastic campaign’ to prove how easy it is...
Mark Karpelès, former CEO of hacked bitcoin exchange Mt. Gox, was held in jail for nearly a year in Japan as he faces a criminal trial for charges of embezzlement, data manipulation, and breach of trust. Nevertheless, Karpelès was appointed CTO of Denver-based VPN service provider London Trust...
The New York Attorney General office launched a fact-finding inquiry to discover how the cryptocurrency exchanges work and what they’re doing to fight bots, money laundering, and market manipulation. Erik Voorhees, CEO of ShapeShift, and Jesse Powell, CEO of Kraken, denounce the “questionnaire” as hostile to cryptocurrencies and business, in general. Kraken CEO Slams New York Attorney General...
‘Tax Day’ in the U.S. is today, April 17, and a number of analysts are bullish on Bitcoin as the much-anticipated tax deadline should trigger the next upward momentum. ‘Tax Day’ to Spark New Bullish Momentum For Bitcoin The cryptocurrency market has been hungover ever since Bitcoin entered the...
The cryptocurrency ecosystem has found an unexpected backer in the International Monetary Fund. The organization is asking the world’s central banks to be open-minded about digital money as they should “distinguish between real threats and needless fears”. IMF Wants to Help Develop Cryptocurrency Regulation Christine Lagarde, Managing Director...
Bithumb, the largest cryptocurrency exchange in South Korea with a daily trading volume of about $476 million, is holding $6 billion on behalf of its customers as of 31 December 2017, according to its published audited accounts. South Korea’s Bithumb Stores $6 Billion On Behalf of Customers South...
Cryptocurrency exchange Bithumb is taking digital currencies into the ‘real world’ by promoting their use in everyday activities, such as buying goods from vending machines. This week, the exchange announced its kiosks in South Korea are accepting Bitcoin Cash. Bithumb Exchange Brings Cryptocurrencies Into The Real World Bithumb, South...
The Economics departments of several Brazilian universities are progressively delving into cryptocurrency. The topic has gained its place in research projects and postgraduate studies. A Master’s degree focused on cryptocurrencies is opening at the Brazilian higher education institution Fundação Getúlio Vargas, in São Paulo, a city with a...
Japan, the leading country in digital currency adoption, has over 3.5 million cryptocurrency investors, according to a preliminary report by the country’s Financial Services Agency on Tuesday. Japan Has Over 3.5 Million Cryptocurrency Investors, Says FSA The Financial Services Agency (FSA), Japan’s financial watchdog, has published a report...
The South African Revenue Service (SARS), the revenue service of the South African government, is ordering taxpayers to declare cryptocurrency gains and losses or risk facing penalties, regardless of how unclear the tax rules are at the moment. South Africa’s Tax Agency to Apply Penalties on Those Who Fail...
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