2019-5-18 02:00 |
Russia’s largest bank Sberbank is making a client disclose information about their cryptocurrency revenue and details of their mining farms
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Aisha Ghaus Pasha, the minister of state for finance and revenue, declared that Pakistan would outlaw cryptocurrency services operating in the country and reaffirmed that the government has no plans to legalize cryptocurrency trading during a meeting of the Senate Standing Committee on Finance and Revenue on May 16.
2023-5-19 23:06 | |
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While Bitcoin has revolutionized the digital currency and decentralized finance space, Bitcoin has often been followed by its dark past. Its wide use on the dark net and its association with Silk Road has lent it a slightly shady reputation.
2019-6-14 15:00 | |
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Proponents of the cryptocurrency market have always been at the forefront of breaking the latest updates in the universe, through live streams and direct Ask Me Anything [AMA] sessions. The latest luminary to speak up is Brian Armstrong, CEO of Coinbase, who touched upon the different streams of revenue and Coinbase’s new avenues.
2019-5-17 15:30 | |
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Starbucks recently held successful campaign with digital product redemption. Over 400 new global brands and merchants will create their own campaigns to promote customer engagement. The retail aspect of the cryptocurrency industry provides substantial revenue, and there are many companies that have worked to expand crypto’s reach.
2019-5-16 04:49 | |
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The regulatory and legal environment around internet-based services and applications has changed considerably over the last decade. When large-scale social networking platforms first became popular in the 2000s, the general attitude toward mass data collection was essentially “why not?”.
2019-5-11 04:03 | |
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Overstock Suffers 17% Revenue Loss In Q1 2019 As Sales Reduces While the cryptocurrency market is in a struggle to recover from the loss in 2018, Overstock, a major online retailer has reported significant revenue loss due to reduced sales.
2019-5-9 22:19 | |
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Bitfinex is forging forward despite its ongoing row with the authorities, and it's looking for investors to support its efforts. Today, May 8, 2019, iFinex, the operator and parent company of the popular cryptocurrency exchange, released a private token sale white paper, putting to rest rumors of its Initial Exchange Offering (IEO).
2019-5-8 18:33 | |
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There are many different ways to increase one’s cryptocurrency holdings. Some do it by buying more coins, while others try to mine altcoins with a GPU or ASIC. Another option worth looking into is known as cryptocurrency staking.
2019-5-8 23:26 | |
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The National Law Review featured an article on whether cryptocurrency can be inherited. According to the article, HM Revenue & Customs (HMRC) recently released guidance for those in possession of cryptocurrency, a digital asset.
2019-5-6 18:45 | |
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Square is a payment platform that was developed by the same creator of Twitter, Jack Dorsey, and the man has a specific interest in cryptocurrency. The payment platform sells Bitcoin on the Square Cash app, and the recent sales in the first quarter has remained high.
2019-5-2 17:12 | |
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By CCN. com: The widespread adoption of blockchain is taking longer than expected. The slow recovery pace of the cryptocurrency industry is forcing blockchain investors to look for alternative sources of revenue to keep their business afloat.
2019-5-2 15:42 | |
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An Arizona Man and an Israeli woman have been charged in connection with providing “shadow banking services” to cryptocurrency exchanges — involving millions of dollars. The two individuals were charged by the United States Attorney for the Southern District of New York, the Federal Bureau of Investigation (FBI), and the Internal Revenue Service (IRS) in a criminal investigation.
2019-5-2 14:00 | |
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U. S. Attorney's office for the Southern District of New York has charged two individuals for providing “shadow banking” services to crypto exchanges. According to a statement by Geoffrey S.
2019-5-2 23:54 | |
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Australian fraudsters earned $4. 3 million (AU$6. 1 million) with cryptocurrency scams last year—a revenue increase of 190 percent when compared to 2017. The Australian Competition and Consumer Commission (ACCC)’s new report details the extent of the nation’s problem with cryptocurrency fraud.
2019-4-29 13:01 | |
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Cryptojacking — the process of infecting computers with malware to mine cryptocurrency — has declined alongside prices during cryptowinter. But like any dextrous organism facing extinction, the virus and its propagators are adapting.
2019-4-27 22:07 | |
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After months in its beta stage, Brave announced on April 24, 2019, that their Brave Rewards advertising program is now launched, giving users up to 70 percent of the ad revenue when they choose to view ads.
2019-4-25 20:29 | |
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By CCN. com: Privacy-focused browser Brave has launched its ad platform, as its native token, BAT, gains 220% in since the turn of the year. Should advertisers be worried? Brave Ads allows users to earn rewards by opting-in to watch ads, and blocking advertising they don’t want to see.
2019-4-25 15:29 | |
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According to a report from Fortune on April 23, 2019, the U. S. -based cryptocurrency exchange Coinbase will shut down its Chicago office. Coinbase will scale back plans for a high-frequency trade matching engine in development there, software that automatically matches trade bids to complete trades at a higher rate.
2019-4-25 16:57 | |
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Andrei Poliakov is the CEO and co-founder of Coinberry, one of Canada’s premier digital currency platforms. His company is the first in Canada to partner with a government municipality.
2019-4-23 17:42 | |
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Based in Kazakhstan, the Facite foundation published its first dividend-income type cryptocurrency Facite coin (FIT) in order to obtain substantial revenue to help expand its business domain. Facite foundation is working on a government policy project in which they took over INNOB Co.
2019-4-21 23:19 | |
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Cryptocurrency exchange Coinbase brought in almost $520 million in global revenue in 2018, according to Reuters' calculations.
2019-4-18 12:40 | |
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Larnaca Cyprus, April 15, 2019. PLC Player Loyalty Ltd. (PBET) is a Cyprus-based software company that provides innovative solutions to the gaming industry. We have successfully commercialized software products to more than 20 gaming venues.
2019-4-15 20:20 | |
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Exchanges are eager to increase their trading volume. Higher volume results in more liquidity, which attracts more traders and ultimately results in higher revenue. Although many in the industry have pointed out the flaws in these metrics, there is evidence that some exchanges are structured to encourage wash trading.
2019-4-15 22:00 | |
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Much of the community has been relying on institutional investments to bring new liquidity and revenue to the cryptocurrency industry. While the overall institutional investment in Bitcoin has been seeing an increase lately, data from the Commodity Futures Trading Commission (CFTC) reveals a change in that trend.
2019-4-14 00:00 | |
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Since it has now become mandatory for digital assets traders to remit taxes, 21 members of the United States Congress, led by congressman Thomas Earl Emmer, have jointly sent a bipartisan letter to the United States Internal Revenue Service (IRS) urging it to publish new guidelines on crypto tax remittance, according to a press releaseRead MoreRead More.
2019-4-13 19:00 | |
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South Korean police have caught the masterminds of a Bitcoin-fuelled Ponzi scheme responsible for generating almost $19 million in revenue. The scam, called “M-Coin,” is said to have targeted those with poor understanding of the technology – mostly elderly people, retirees, and housewives – with promises of free cryptocurrency and recruitment bonuses for signing up others, reports Korea Joon Gang Daily.
2019-4-8 12:29 | |
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Hut 8, a Canadian Bitcoin mining firm has laid off more employees, citing poor revenue figures due to the prolonged cryptocurrency bear market of 2018. The Canadian Broadcasting Corporation (CBC) reports that it is the second round of staff cuts, following layoffs earlier in January 2019, as the company reportedly attempts to streamline its operationsRead MoreRead More.
2019-4-7 15:00 | |
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The U. S. Securities and Exchange Commission (SEC) has published an investment contract framework for digital assets, which is intended to give crypto companies guidance as to whether a cryptocurrency is a security.
2019-4-4 22:02 | |
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Bitcoin and other cryptocurrencies might have had a good week so far, but it’s not quite enough to make up for this Nasdaq-listed cryptocurrency mining firm‘s 2018 losses. In its 2018 financial report, released yesterday, cryptocurrency mining firm Riot Blockchain posted a $58 million loss.
2019-4-3 17:25 | |
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The OneCoin project was founded in Sofia, the capital of Bulgaria, in 2014 and since then has been operating a multilevel cryptocurrency-based Ponzi scheme that generated $3. 7 billion in sales revenue and more than $2.
2019-3-22 20:00 | |
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CryptoNinjas Crypto Facilities, the cryptocurrency derivatives exchange, recently acquired by Kraken, today announced an extension of its previously declared Revenue Share Program (RSP) beyond the initial 10 week period.
2019-3-13 01:09 | |
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British multinational investment bank Barclays sees some serious upside for social media giant Facebook’s cryptocurrency. The bank forecasts a whopping $19 billion in additional revenue from this initiative, alone.
2019-3-12 20:00 | |
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Social media mogul Facebook could be eyeing as much as $19 billion in additional revenue according to an internet analyst at Barclays. This could happen by 2021, should the company be able to successfully carry out its cryptocurrency project.
2019-3-12 18:07 | |
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Facebook’s cryptocurrency plans could rake in $19 billion in revenue for the social media giant. This is according to Ross Sandler, an internet analyst with Barclays. In a note to investors, Sandler stated that ‘Facebook Coin’ provides a new and lucrative avenue for Facebook to dominate payments.
2019-3-12 17:29 | |
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CoinSpeaker Facebook Coin Could Bring $19 Billion Additional Revenue, Believes BarclaysOne Wall Street firm sees major upside for Facebook if its secretive cryptocurrency plan works out.
2019-3-12 11:50 | |
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CoinSpeaker Barclays: Facebook Coin Could Bring $19 Billion Additional Revenue, and Here’s WhyOne Wall Street firm sees major upside for Facebook if its secretive cryptocurrency plan works out.
2019-3-12 11:50 | |
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Facebook's ambitions to enter the cryptocurrency market and plans to launch its own token can lead to a multi-billion dollar revenue growth in a few years, an expert forecasts. Facebook Coin will help the social network to diversify its sources of income.
2019-3-19 11:42 | |
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Barclays Analyst: Facebook’s Crypto Could Be A $19 Billion USD Revenue Opportunity You may have heard that Facebook is considering the launch of its own crypto. There are rumors about that for a long time now and analysts say that it could be a huge business opportunity for the company. Now, the Barclays bank has […]
2019-3-12 23:26 | |
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A note from Barclays analyst Ross Sandler sketches out how much Facebook might gain from developing its own cryptocurrency.
2019-3-12 22:45 | |
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There’s a massive upside for Facebook entering the crypto space, according to tech analysts on Wall Street. The Facebook cryptocurrency, which will reportedly be used to facilitate cross-border payments and will have stablecoin properties, is worth at least $19 billion in revenue within the next two years, CNBC reports.
2019-3-12 21:14 | |
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Recently, we reported that the Canada Revenue Agency (CRA) is looking into its citizens’ cryptocurrency investments, sending them a… The post Canada’s Crypto Questionnaire for Tax Purposes — Is It Overkill? appeared first on Invest In Blockchain.
2019-3-11 16:34 | |
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The Canada Revenue Agency (CRA) has apparently been specifically targeting bitcoin and crypto investors as part of its broader tax strategy to keep tabs on their cryptocurrency investments, including how they purchase these assets.
2019-3-9 23:53 | |
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Canada’s tax agency, the Canada Revenue Agency (CRA), is examining individuals who have traded in cryptocurrency, and is looking… The post Canada Revenue Agency (CRA) is Auditing Crypto Investors — Here’s What You Need to Know appeared first on Invest In Blockchain.
2019-3-8 11:21 | |
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Canada’s tax agency is reportedly cracking down on cryptocurrency investors in the country. Multiple sources have confirmed that cryptocurrency holders have been targeted with audits by the Canada Revenue Agency (CRA), according to Forbes.
2019-3-7 20:14 | |
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The Canada Revenue Agency (CRA) is reportedly targeting Bitcoin investors as well as other cryptocurrency users with federal tax audits. The CRA has also sent questionnaires to determine the previous trading and investing activity.
2019-3-8 19:08 | |
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The Canada Revenue Agency (CRA) has sent an extremely detailed questionnaire to citizens it believes to be in possession of cryptocurrency. Those suspected of failing to disclose the full extent of their holdings have been asked whether they use a cryptocurrency mixing service, and if so, why.
2019-3-7 16:15 | |
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Despite news in recent months that cryptocurrency mining establishments have been shutting down, or ending contracts, profits earned from Bitcoin mining have begun to rise, blockchain research group Diar reports.
2019-3-5 17:51 | |
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After Coinbase Failed To Abide By IRS Notice 2014-21, Longtime Trader Filed Official Complaint The United States Internal Revenue Service has certain requirements for the cryptocurrency industry, though they are still sorting out certain regulations.
2019-3-2 20:32 | |
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Activist group Blockchain Advocacy Coalition (BAC) has sponsored a bill in California’s 19th State Assembly District, set to allow legal cannabis businesses in the district to pay their state taxes using cryptocurrency.
2019-3-1 20:16 | |
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In a detailed analysis shared with his 788,000 followers on X (formerly Twitter), renowned analyst Pentoshi has forecasted a more restrained outlook for the current crypto bull run, suggesting that it may not mirror the explosive growth seen in previous cycles.
In his latest essay, Arthur Hayes, the former CEO of crypto exchange BitMEX, introduced a bold investment philosophy he calls the “Left Curve. ” This strategy diverges sharply from traditional investment approaches typically adopted during bull markets in the crypto world.
Wally Adeyemo cited a recent settlement with crypto exchange Binance and sanctions against crypto mixer Sinbad in calling for an expansion of the U.S. Treasury’s authority.
Genesis claims Gemini made preferential transfers of about $689 million from Genesis and wants the court to “correct this unfairness.”
The former presidential candidate spoke at NABS about opportunities the United States may be missing to blockchain and AI for the public good.
The third-party crypto bot Wallet is debuting its global rollout on Telegram Messenger in several countries in Latin America and Africa.
Robinhood attributed the decline in its transaction-based revenue to reduced cryptocurrency trading volumes on the platform.