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Blockchain Life 2021

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IRS: Cryptocurrency is a Property & Swaps are Taxable

Israel’s Tax Authority is Using Social Media to Track Down Bitcoin Tax Evaders

May 14, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Finance, News, Regulation

It is known that Israeli bitcoiners are required by law to pay a 25 percent capital gains tax while crypto-related businesses must compulsorily send their 25 percent tax plus another 17 percent VAT to the authorities. However, since the bill became law, quite a few people and businesses in Israel’s...

Hash Card Integrates Bancor Protocol to Provide Token Liquidity for Card Holders Crypto Debit Card Offers Instant Cryptocurrency Conversion

May 14, 2018 by Guest Post at Press Releases

Hong Kong – May 11, 2018 – Hash Network Limited (HSHC), one of the first providers to offer a crypto debit card with instant conversion, announced today its integration of the Bancor Protocol to provide continuous liquidity for the Hash Card platform. Earlier this week, Hash Card received over 1500...

GANA Technologies Brings Cannabis Industry To The Next Level: ICO Dates Are Announced

May 13, 2018 by Guest Post at Press Releases

GANA Technologies, the blockchain company for the cannabis industry, based on AI, announced the dates of the token public sale. It starts on May 21 and ends July 20, 2018, with the target level of 60,000 ETH. GANA Technologies provides optimized AI solutions to individuals and research institutes by establishing...

Nasdaq CEO: Blockchain Tech will Play Major Role in World Economy

May 13, 2018 by Ogwu Osaemezu Emmanuel at Bitcoin, Blockchain, Commentary, News

While business moguls like Warren Buffett, Charlie Munger, and others think bitcoin is worse than trading "freshly harvested baby brains" and would, therefore, have a terrible ending, CEO of Nasdaq Adena Friedman firmly believes cryptos are the future of finance. And she’s not ashamed to let the entire world know...

Choon: Music and Streaming on the Ethereum Blockchain

May 13, 2018 by Nuno Menezes at Business, Entertainment, Ethereum, News

Choon is a new music streaming service, and digital payments ecosystem developed to deliver new solutions for the music industry’s most fundamental problems, with industry veterans advising the project. The platform is built to let artists earn cryptocurrency for each stream of their tracks. The platform offers a music streaming...

Texas Securities Board Cracks Down on Two Alleged Crypto Scams

May 13, 2018 by Alex Lielacher at Altcoins, Bitcoin, Finance, News, Regulation

Another day, another scam. That is, unfortunately, the reality of the current state of the cryptocurrency industry where the pseudonymity of bitcoin and most other digital currencies provides an alluring feature for scammers to operate. Authorities around the world, however, have started to crack down on cryptocurrency scams to put...

10 Charts Which Show This is Just The Beginning of Crypto

May 13, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Ethereum, Finance, News

The cryptocurrency market has been hailed as a nascent market that continues to experience exponential growth. Though not comprehensive, attempts have been made to define this growth using parameters such as the number of cryptocurrencies listed on the CoinMarketCap, which currently stands at 1,595. Besides listed cryptocurrencies, other parameters of...

Bitcoin Price Falls Below $8,500 as Upbit Under Investigation By FSC & KoFIU

May 11, 2018 by Priyeshu Garg at Bitcoin, Finance, News, Regulation

Upbit, South Korea’s largest cryptocurrency exchange platform, is currently under investigation as it is suspected of engaging in false financial reporting activities, deceiving investors in the process as the price of bitcoin breaks below $9,000. Local media outlets in South Korea also report that the exchange’s office has been raided....

Research Team Discovers a Major Flaw in Zcash Anonymity Protocol

May 11, 2018 by contributor at Altcoins, News, Tech

Privacy-centered digital currency Zcash is caught in an ironic dilemma, as a group of researchers discovered a series of code patterns which diminish the coins’ praised unique selling point; its anonymity protocol. Paper Debunks Zcash’s Prized Anonymity Titled “An Empirical Analysis of Anonymity in Zcash” and published on Scirate on...

Iran Government U-turns on Bitcoin, but Proposes National Cryptocurrency

Iranians Purchase $2.5 Billion Worth of Bitcoin as Government Considers Native Oil-Backed Crypto

May 11, 2018 by contributor at Bitcoin, Commentary, Finance, News

All the talk about bitcoin has made some serious noise in Iran as well. Although few in number the country has customers of cryptocurrency, and in the with the rise of digital currency, the government is planning to adopt this trend. Mohammad Reza Pourebrahimi, Chairman of the Economic Commission of...

A Beachfront Development in Nassau Is Now the First to Accept and Embrace Digital Currencies for Real Estate Purchases

Forget Sandbox’s, SEC Commissioner Peirce Proposes “Bitcoin Beach”

May 11, 2018 by Liam J Kelly at Bitcoin, Commentary, News, Regulation

For many in the regulatory space, the question of cryptocurrencies and how to manage them is seemingly black and white. Some are either very pro and have quickly jumped on the bandwagon, while others are content to ban, block, and forbid any further discussion. In a May 2, 2018, speech...

Huobi’s Report on Cryptocurrencies Reveals that Investors Remain Optimistic

Huobi Research Shows Increase in Investors’ “Bullish Sentiment” Regarding Cryptocurrency

May 10, 2018 by contributor at Altcoins, Bitcoin, Commentary, Ethereum, News

On May 5, 2018, Singapore-headquartered crypto-exchange Huobi released its “Cryptocurrency Investor Sentiment Index Report April,” which collated data from thousands of users on their sentiments about the digital assets market. The results were certainly positive, and represented an increase of 17 percent in investor’s “bullish sentiment.” For the report, which...

Bitcoin Evangelist Michael Novogratz Joins Forces with Bloomberg to Launch Cryptocurrency Index

May 10, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Ethereum, Finance, News

Former Wall Street executive, Mike Novogratz's crypto dream is gradually coming to fruition as his cryptocurrency merchant bank. Galaxy Digital LP has struck a strategic partnership deal with Bloomberg to create a cryptocurrency index called the Bloomberg Galaxy Crypto Index (BGCI). In the May 9 announcement, the firms have stated...

Antminer Z9 - Here’s All You Need To Know !

Zcash Doubles Efforts On Investigating ASIC Resistance

May 10, 2018 by Nigel Dollentas at Altcoins, Mining, News, Tech

Zcash’s efforts in investigating ASIC resistance have been renewed, thanks to the announcement of an upcoming ASIC from Bitmain. While the Zcash Foundation isn’t committing to anything as of yet, they are continuing to take community feedback on this topic. Zcash Foundation Commits to Researching ASIC Resistance While they are...

Busted: Indian Police Crush $15 Million Crypto-based Ponzi Scheme, Seize Ethereum Miners

May 10, 2018 by Ogwu Osaemezu Emmanuel at Crime, Mining, News

The war against the illicit use of cryptocurrencies by bad actors to perpetrate crime may not come to an end anytime soon. In the latest development, the Indian police force has crackdown a massive MLM operation that generated almost INR 100 crore ($15 million) from gullible crypto greenhorns. According to...

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