Reports from the EU Commission’s “Digital Day” confirm that 22 countries have signed a declaration to establish a European Blockchain Partnership.Today the European Commission brought together ministers, representatives of EU countries, and industry, academic, and civil society reps to encourage cooperation in the digital single market and blockchain as one of the … [Read more...] about 22 European Countries Sign Declaration to Join Blockchain Partnership
Hello readers, it’s great to have you here.How’s your year in crypto going? Whatever your answer to that question is, you can rest assured that your answer applies to most people involved in crypto. Mine’s the same, but are you sensing change? Are you seeing the FUD dissipating and being replaced with new-found optimism?The first quarter of 2018 was inarguably dominated … [Read more...] about Blockchain is Blooming – An Editorial
Google, Facebook, and Twitter have all banned advertisements for ICOs on their platforms. They claim these bans are to protect their users from scammers and phishing attempts but is it really as simple as that?In recent months, we’ve seen several internet giants rollout comprehensive bans on all ICO and ICO-related advertisements. The justification for these bans is that … [Read more...] about ICO Bans: Are Internet Giants Worried About DLT’s Potential?
Hi there. Thanks for checking out this article written by our friends over at AltcoinTrading.net. Make sure you drop by and see them after you've read what they have to say about how GDPR legislation might or might not affect ICOs.The new GDPR legislation set to roll out in May 2018 is keeping business owners worldwide collectively puzzled. It is European … [Read more...] about GDPR Vs. ICOs
The EU commission is bringing together ministers and representatives from EU countries with industry leaders, academics, and civil society representatives to encourage cooperation that will strengthen the “digital single market,” and blockchain technology is on the agenda. Digital day Today, the EU is repeating a meeting held in Rome last year that was dubbed “digital day”. … [Read more...] about Blockchain on the Agenda at EU Commission’s “Digital Day”
The FCA is expected to publish a review of cryptocurrencies later this year that could go a long way toward deciding what regulations will be imposed on the technology and in deciding Britain’s place in the crypto-sphere post-Brexit.In its 2018/19 business plan, Britain’s financial watchdog, the Financial Conduct Agency, has confirmed that they intend to respond to the UK … [Read more...] about Will Brexit Affect Britain’s Attitude Towards Cryptocurrencies?
The @bitcoin Twitter handle was suspended April 8, 2018, and immediately snapped up by a random individual that appeared to have little interest in the world’s most valuable cryptocurrency. The new owner posted a few random tweets about Turkey and received several offers from members of the Bitcoin community who wanted to buy the handle.Before the handle was suspended, it … [Read more...] about Who Has the Right to Use @bitcoin Twitter Handle?
The tax payable on cryptocurrency gains varies across the globe and investors should review the laws applicable in their specific jurisdiction. In the US, the IRS taxes classifies cryptocurrencies as property for most investors. Profits made on the sale of a cryptocurrency, like bitcoin, is therefore subject to capital gains tax in the US. For a small minority of US investors, … [Read more...] about $25 Billion US Tax Liabilities on Crypto Gains Might Be Forcing Bitcoin Price Down
Japan could be moving towards the legalization of ICOs after a government-backed study group published a list of guidelines in the hope that they will help with further adoption by protecting investors and establishing minimum standards for the industry.The document provides a list of rules that could be imposed to make the crypto space safer for investors by creating … [Read more...] about Japanese Research Group Suggests Guidelines for the Legalization of ICOs
VeChain, a company that describes itself as the “leading global enterprise public blockchain platform” has just announced a new partnership with eGrid thus adding another impressive name their list of high-profile partners.VeChain announced the partnership on Monday with posts on their Twitter and Medium accounts stating their aim to “synergistically provide comprehensive … [Read more...] about Vechain Announce Partnership With eGrid
While it is not known as a token launching platform, it would appear that Ripple's ecosystem allows for other cryptocurrencies to build upon it. The first XRP-based token to be created is Allvor, an e-commerce focused token which aims to make the act of decentralized payments even easier and faster across the web. While Allvor will be taking advantage of the XRP ledger, it has … [Read more...] about Allvor Is Shaking up the Ripple Ecosystem
Monero's recent hard fork, which was issued by developers for ASIC mining resistance, has resulted in a huge lowering of the global hashrate by over 70%. Sources from both Bitinfocharts and Coinwarz reveal that XMR's hashrate dropped from 1.014GH to a mere 157MH. Most likely the reason for this is that ASIC miners have already been rampant in the Monero ecosystem for a while … [Read more...] about Monero’s Mining Hashrate Drops by Over 70% After Becoming ASIC Resistant
On April 6, 2018, developers were successful in hard forking the anonymous coin, Monero. The main reason for doing so was to prevent Bitmain from distributing a recently announced mining rig designed specifically for mining Monero. The mining rig in question, the Antminer X3 created by Bitmain, is an ASIC (application-specific integrated circuits) mining computer meaning that … [Read more...] about Monero Successfully Hard Forks to Avoid Bitmain and ASIC Computers
Nano (NANO/XRB) has found itself in the center of a class-action lawsuit that, if successful, could set a precedent for the way cryptocurrency developers are held accountable in the future. The lawsuit relates directly to an incident in February when the equivalent of $150 Million in the form of Nano was stolen from the Bitgrail exchange. Since the situation, the blame has been … [Read more...] about Nano Is Currently Being Sued Over the Bitgrail Exchange Attack
The recent scandal involving Cambridge Analytica and Facebook has revealed how the data of 87 million people were improperly shared, bringing into question something that many of us rarely consider or take for granted — the safety and privacy of our data. The Scandal Initial estimates by Facebook put the number of users whose data was shared improperly with Cambridge … [Read more...] about Facebook Scandal Highlights Need for Decentralized Data Management
Crypto Disrupt published an article a few days ago stating that George Soros has now given the go-ahead for his hedge fund to invest in cryptocurrencies. Since Bloomberg made the announcement, much has been written about the Soros style of investment and George Soros himself.Reddit, in particular, has many threads, and it’s quite clear that some people despise the man. They … [Read more...] about Is George Soros About to Short Bitcoin?
Bitcoin Cash was a result of a hard fork from Bitcoin core in August 2017, and on 15 May 2018, it will fork again to update the consensus rules. The update includes various op code revisions but the biggest change is to accommodate 32MB block sizes.Bitcoin core retains the original 1MB block size whereas Bitcoin Cash will continue to use an 8MB block size until the May 2018 … [Read more...] about Bitcoin Cash (BCH) Will Fork May 2018
When a child asks their mother for the latest high tech gadget the retort might be “Who do you think I am, Zuckerberg?” or maybe Musk, Gates and even Nakamoto. A few decades ago the expression many parents used was “Who do you think I am, Rockefeller?”Today, the Rockefeller family is still considered to be one of the wealthiest in the world with assets in real estate and … [Read more...] about Massive Rockefeller Wealth to Invest in Cryptocurrencies
In November 2017, Bitfinex announced a Euro trading pair with Bitcoin that was made possible through a small Polish bank. Bitfinex is currently the largest Bitcoin exchange in the world with several hundred million dollars’ worth traded every day.Incidentally, Mt. Gox also had a bank account in Poland before they ceased trading. Bitfinex CEO is Jan Ludovicus van der Velde, … [Read more...] about Has €400 Million Been Seized From a Bitfinex Account in Poland?
Considered by many to be one of the world’s most successful investors, George Soros went on record in January 2018 to state that cryptocurrencies are a bubble and could never be used to pay wages as the price was too volatile. At his annual speech at The World Economic Forum 2018 in Davos, Switzerland, he went on to say that Bitcoin’s primary purpose was for tax evasion and for … [Read more...] about Billionaire Investor George Soros Now Plans to Trade Cryptocurrencies