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The State of Cryptocurrency Adoption by Online Merchants

May 24, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Business, Finance, News

Online payments have always been identified as a real area for disruption by cryptocurrencies. The emergence of digital currencies supported by trusted blockchain technology, offering fast and low-cost transactions have all the makings of an online merchant favorite. It makes sense for a predominantly internet-enabled commerce market to be facilitated...

Ireland Releases Guidance on Cryptocurrency Taxes

May 23, 2018 by contributor at Altcoins, Bitcoin, Ethereum, Finance, News

Ireland has announced that Irish-based companies handling transactions via digital currency will be faced with the “normal” tax rules according to the country’s tax authorities in an announcement on May 15. Tax Clarification Required A lot of concerns and queries by potential cryptocurrency focussed businesses culminated to the announcement by...

Tradeshift Uses the Blockchain to Create a Compatible Payments System

May 23, 2018 by Cindy Huynh at Altcoins, Finance, News, Tech

Tradeshift, a supply chain payments company recently launched a service called Tradeshift Pay that allows payments and financial solutions to work with “all major blockchain technologies including ethereum and hyperledger.” The interoperable solution enables the writing of all transactions onto a public ledger to secure a clear record and create...

CFTC Chairman to Senators on Bitcoin: “We owe it to this new generation to respect their interest”

CFTC Opens the Door to More Cryptocurrency Derivatives with New Advisory

May 23, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Ethereum, News, Regulation

The U.S. Commodity Futures Trading Commission (CFTC) has issued a new advisory according to a May 21 announcement, which exchanges and clearinghouses planning to list cryptocurrencies derivatives must adhere. The instructions are in response to growing industry concerns about the vetting process for new derivative products pegged around digital currencies....

BestMixer.io: A New Bitcoin Mixer Enters Market

May 23, 2018 by Guest Post at Press Releases

5/21/2018 – BestMixer.io, a bitcoin mixer, has made its entry into the cryptocurrency mixer market. Cryptocurrency mixers, also known as bitcoin mixers or bitcoin tumblers, serve the purpose of breaking connections between coin senders and coin receivers The idea is to provide coin owners with privacy since all cryptocurrency transactions...

Jaxx Liberty and Unity Token Unveiled by Decentra at Consensus Afterparty

May 23, 2018 by Rahul Nambiampurath at Altcoins, Blockchain, Business, Ethereum, News, Tech

Canada based blockchain technology company Decentral Inc. announced the launch of its next endeavor, dubbed “Decentral project.” Decentral Inc. is the company responsible for the multi-platform cryptocurrency wallet Jaxx. On May 16, 2018, they unveiled three new launches that included Jaxx Liberty, the Decentral Unity token and two new pieces...

What is STEEM and is it a Good Investment

Steemit Announces over 1 Million Users

May 23, 2018 by Nigel Dollentas at Altcoins, Blockchain, Ethereum, News

Steemit has recently announced that they have surpassed 1,000,000 users. The content platform is also ecstatic with the user activity the platform is receiving, regarding transactions over a 24 hour period, daily visitors, and unique accounts. Steemit Has More Transactions Than All Other Crypto’s The Steem (STEEM) blockchain now processes...

Islamic Finance and the Blockchain are Getting Closer

UK Mosque Plans to Accept Bitcoin and Ethereum for Alms and Zakat this Ramadan

May 22, 2018 by Ogwu Osaemezu Emmanuel at Bitcoin, Commentary, Ethereum, Finance, News

While Islam frowns at high-interest rate lending, currencies not backed by commodities or assets, and Ponzi schemes, the Shacklewell Lane mosque in London has caught the bitcoin bug and has made it possible for Muslims in the area to give alms and make donations to the mosque with cryptocurrencies. Bitcoin...

Consensus 2018 Fails to Spark Bitcoin Rally: Week in Review May 21

May 21, 2018 by Alex Lielacher at News Digest

Consensus, the biggest annual bitcoin conference, was held in New York in the past week but failed to spark the expected bitcoin rally that financial commentators like Fundstrat’s chief analyst Tom Lee predicted. Instead, the price of bitcoin dropped after the conference concluded and remained mostly unchanged versus last week’s...

Goldman Sachs’ Cryptocurrency Trading Desk Contradicts Anti-Crypto Stance

Goldman Executive Left Wall Street to Cryptocurrency Sector, Here’s Why

May 21, 2018 by Joseph Young at Altcoins, Bitcoin, Finance, News, Regulation

Timothy Tam, a former statistical arbitrage trader at Goldman Sachs and senior trader at major Asian hedge funds who managed more than $1.5 billion by trading equities, foreign exchange, and convertible bonds, recently explained why he had to leave Wall Street to enter the rapidly growing cryptocurrency sector. Escaping Wall...

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