#finance

DoJ Probe to Examine Bitcoin Exchanges For Alleged Price Manipulation

May 25, 2018 by contributor at Bitcoin, Finance, News, Regulation

The U.S. Department of Justice (DoJ) has been keeping an eye on the alluring volatility of the price of bitcoin, with reports emerging of a launch of criminal probe for price manipulation on exchanges. Bloomberg reported May 24, 2018, the DoJ is not amused by bitcoin’s price swings, and is...

Argentinian Bitcoin Updates: Banking, Democracy, and a Wine-Backed Cryptocurrency

May 24, 2018 by Liam J Kelly at Bitcoin, Blockchain, Commentary, Ethereum, News, Tech

In April 2018, the capital city of Argentina celebrated “Bitcoin Day,” an event comprised of around 500 attendees who were curious about the ever-increasing demand for information on bitcoin. Now, an Argentinian Bank is continuing the celebration after announcing on May 22, 2018, that its customers can use the pioneer...

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...

CNBC Hit with Controversy over Fast Money Segment Covering Bitcoin Cash

May 24, 2018 by Rahul Nambiampurath at Altcoins, Bitcoin, Business, News

CNBC Fast Money aired a segment with crypto investor Brian Kelly promoting Bitcoin Cash (BCH) on the channel, even stating that it is “the must-own digital currency” of the moment. According to Kelly, the altcoin's worth will skyrocket thanks to the development fund being reportedly set up by bitcoin cash...

India May Levy 18 Percent Tax on Cryptocurrency Activities; Making it Practically Legal

May 24, 2018 by contributor at Altcoins, Bitcoin, Business, Finance, News, Regulation

Even though the legal acceptance of cryptocurrencies in India is not crystal clear yet, people with direct knowledge of the issue has stated that India is well on its way to levy Goods and Services Tax (GST) on any activity related to digital assets. The Statement According to a report,...

Shark Tank’s Barbara Corcoran Believes Buying Real Estate with Bitcoin is ‘Great Common Sense’

May 24, 2018 by Cindy Huynh at Altcoins, Business, Finance, News, Tech

Shark Tank’s Barbara Corcoran believes that purchasing and selling homes using cryptocurrencies may be the future. “It makes great common sense,” said Corcoran, in an interview with Money. “I’m being very optimistic because, as a long-term play, it’s perfectly suited for real estate transactions.” While it may be uncommon to...

U.S. Congress Candidate Discourages Bitcoin FUD and Aims to Educate Public

May 24, 2018 by contributor at Bitcoin, Blockchain, Finance, News, Regulation, Tech

Cryptocurrencies have always been in the gray end of the regulation spectrum when discussed in American politics. Legal bodies often view them as a criminal tool to purchase guns, drugs, and other illegal articles. Regulatory authorities such as SEC are not sure whether to classify them as securities, while some...

DNV GL Eyes New Assurance Products after Buying Stake in VeChain

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

Norway-based DNV GL has bought stakes in leading public blockchain provider, VeChain. The acquisition will allow the risk management and quality assurance company to gain access to tools and technologies for developing new digital assurance products. DNV GL and VeChain Partnership The two have yet to disclose the extent of...

A Guide to Initial Coin Offerings (ICOs)

Tax Havens Are Becoming a Hotbed for ICO Projects

May 24, 2018 by contributor at Business, Finance, News, Regulation

If one considers the cryptocurrency sector, no other topic than Initial Coin Offerings (ICOs) has got governments and countries more divided. While major jurisdictions have completely shut out the controversial fundraising method, tax havens have seemingly fully embraced the concept, and are reaping the rewards. The Isle of Man’s Newfound...

Former CEO of Second Largest Cryptocurrency Exchange in the World Joins Huobi

May 24, 2018 by Ogwu Osaemezu Emmanuel at Business, Finance, News

On May 14, 2018, OKEx CEO Chris Lee shockingly resigned from his post, citing personal reasons and a "desire to start a new life." Now, the FinTech and digital payments expert joins Huobi, a primary rival of his former firm barely one week after dumping OKEx. Huobi Bolstered with New...

Block Hedge Brings You South-East Asia’s Mega Blockchain Event in Bangkok

May 23, 2018 by Guest Post at Press Releases

After receiving a huge response from the Crypto Con Mumbai, the Block Hedge team is now bringing South-East Asia’s biggest blockchain event in Bangkok, Thailand. While dedicating to discovering hottest innovations, market trends, and sensations around the crypto and blockchain sphere, this event is going to be even hotter and...

Blockchain and Cryptocurrency Elite Confirmed for CryptoCompare & MJAC London Blockchain Summit

May 23, 2018 by Guest Post at Press Releases

- Coinfloor, Coinbase, Ripple, Citi, VanEck, Circle, BlockEx, EY (Ernst & Young LLP) and BP Prime amongst participants - MJAC announces the latest details for the CryptoCompare & MJAC London Blockchain Summit on June 13. On the Main Stage, Zeeshan Feroz, CEO (UK) of Coinbase, will be presenting on Cryptocurrencies: Creating an Open Financial System; Danny Aranda, Managing Director of Strategic Growth at Ripple, will be discussing Blockchain and the Internet of Value; and Joshua Riddett, Founder & Managing...

First Bitcoin ATM Installed in Liverpool

May 23, 2018 by Pratik Makadiya at Bitcoin, Business, Finance, News

Acting as a boon for the crypto aficionados of Liverpool, a U.K.-based digital currency ATM operator, AlphaVend, has established the city’s first bitcoin ATM in Liverpool. Located at Herman Vapes, an E-juice center, the accomplishment is looked forward to providing convenience to digital currency lovers and beginners in the field....

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...

CheapAir Adds Support For Bitcoin Cash, Dash, and Litecoin for Flights and Hotel Bookings

May 23, 2018 by Priyeshu Garg at Altcoins, Business, News

CheapAir added support for more cryptocurrencies on May 22, as it looks to provide digital currencies enthusiasts a variety of payment option for flight and hotel bookings. The online travel agency is now accepting bitcoin cash (BCH), dash (DASH), and litecoin (LTC) payments for its offerings. CheapAir Expands Cryptocurrency Support...

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