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cryptopress
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2017-08-22 00:18
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cryptopress
cryptocurrency
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Australia Passes Law to Officially Kill Double Bitcoin Tax
Come July 2018, Australia will (finally) remove the double taxation of transactions involving cryptocurrencies like bitcoin. Under current law mandated in December 2014, Australians are taxed twice for
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Bitcoin Price Dips Below $5,800, While Ethereum Recovers Beyond $300
Earlier today, on October 24, the bitcoin price dipped below $5,800 for the first time since October 19, due to the market’s decline in support for the upcoming Bitcoin Gold hard fork. Meanwhile, the price
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With 11 Million Users Coinbase Enables Instant Bitcoin Buying With a US Bank Account
Bitcoin exchange Coinbase announced that it will now allow users to buy bitcoin, ethereum, and litecoin instantly when paying with a US bank account. Coinbase made the announcement in a blog post. Previously,
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Lawsuit Against $232 Million Tezos Being Prepared, Not Likely to Succeed
Earlier this week Paul Vigna of the Wall Street Journal reported that the launch of Tezos has been delayed due to the conflict between its founders over the ownership and control of Tezos. Arthur and Kathleen
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Confideal Brings UI for Creating Smart Contracts for Everyday Users Without Coding Skills
Blockchain platform, Confideal has emerged to bridge the gap between the smaller circle of computer programmers and coders who understand the inner workings of blockchain technology, and their regular
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MIT Issues Diplomas Using the Bitcoin Blockchain
The Massachusetts Institute of Technology (MIT) has begun a pilot program to test the benefits and challenges of using the bitcoin blockchain to issue diplomas. AS MIT News reports, the pilot program began
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Bittrex, World’s 3rd Largest Exchange, Will Not List Bitcoin Gold Trading
Bittrex, the world’s third largest cryptocurrency exchange by trading volume behind Bitfinex and Bithumb, officially announced that it will not list Bitcoin Gold (BCG) trading upon its hard fork in November.
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British Banks Are Shunning Bitcoin Companies
Companies that handle digital currencies are being forced to open bank accounts elsewhere as British banks continue to shun them. Investor interest in digital currencies has surged this year with bitcoin’s
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‘Wolf of Wall Street’ Jordan Belfort: ICOs are ‘the Biggest Scam Ever’
Former Wall Street stockbroker/fraudster Jordan Belfort has dismissed ICOs, or initial coin offerings, as “the biggest scam ever.” A radical new form of fundraising, ICOs are essentially the sale of
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Bitcoin Price Holds at $5,900 as Ethereum, Altcoins Contract
The cryptocurrency markets dipped below $170 billion on Monday, with traders expressing tepidity about a potential Japanese initial coin offering ban. Consequently, the ethereum price dropped below $290,
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Ethereum Price Struggles to Recover Beyond $300 Despite Hard Fork
Despite the successful execution of the highly anticipated Byzantium hard fork, the price of Ether, Ethereum’s native cryptocurrency, has struggled to recover beyond the $300 mark. In September, prior
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Japan’s Biggest Bitcoin Exchange Reveal Bitcoin Gold Hard Fork Plans
Two of Japan’s leading bitcoin exchange have announced their plans for the upcoming bitcoin hard fork, scheduled to occur this week. Tokyo-based bitFlyer, Japan’s largest and best-funded bitcoin exchange,
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ICO Ban in Japan a ‘Definite Possibility’
Japan is a powerhouse in the cryptocurrencies market, trading about 63% of the world’s Bitcoin. However, ban of Initial Coin Offering (ICO) by some Asian countries has investors worried that Japan could
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Miami Homeowner Accepts Bitcoin and Bitcoin Cash for $6.5 Million Mansion
According to the Miami New Times, an early bitcoin investor and a firm believer in the new economy, Mike Komaransky, recently decided to put his seven-bedroom, 9,452 square-foot mansion near Coral Gables
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‘True Adventurers’ Should Invest 10% in Bitcoin, Says Billionaire Mark Cuban
If you ask a billionaire investor and entrepreneur like Mark Cuban for advice on how to get rich, you might expect a complicated answer. However, according to “Mark Cuban’s Guide to Getting Rich” — the
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Public Australian University Rewards Students with Ether
The University of New South Wales (UNSW) has partnered with LoyaltyX to developed Unify Rewards, the world’s first significant blockchain loyalty research project. UNSW Launches Blockchain Loyalty
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Bitcoin is no Fraud but There are Real Concerns: Royal Bank of Canada CEO
The Royal Bank of Canada’s CEO has said that he would never call bitcoin a fraud, but he admits he does have ‘real concerns’ about the currency. Banker David McKay said: I would never call it a fraud because
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Tech Sector Called Amazon a Bubble Since 1997; Bitcoin Sees Same Trend
Since 1997, for more than 20 years, the technology sector and so-called “analysts” have described Amazon, the $474 billion electronic commerce and cloud computing company, as a bubble. Analysts in the
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$3 Billion: Initial Coin Offering Fundraising Hits Another Milestone
Initial coin offering (ICO) fundraising crossed another significant milestone this month, racing past the $3 billion mark for the year despite increased attention from regulatory agencies across the world.
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Bitcoin Price Corrects to $5,880, Down $270 After New All-Time High
Earlier today, on October 22, the bitcoin price declined from $6,150 to $5,880, recording a minor correction after achieving a new all-time high at $6,199. Bitcoin Price Increases From $4,800 to $6,199
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