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Few months after including Cryptocurrency into its gruelling exams, CFA institute terms Bitcoin an illegitimate investment
“Whatever it is, it is not a legitimate investment.” According to reports from Finance feed, these were the words coming from the Chartered Financial Institute this morning. With numerous statements conveying the idea that cryptocurrencies are not assets, and are not valuable, to say the least, the institution believes that cryptocurrency, precisely Bitcoin, is “too […] The post Few months after including Cryptocurrency into its gruelling exams, CFA institute terms Bitcoin an illegitimate investment appeared first on ZyCrypto. дальше »
2018-12-20 15:47 | |
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Arsehole ruins Christmas after flying drone over Gatwick Airport’s runway
Flights at London’s Gatwick Airport are suspended after drones were seen flying over the runway, the BBC reports. The two drones were spotted hovering near the runway late on Wednesday night, causing flight cancellations and diversions. дальше »
2018-12-20 10:29 | |
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Developer’s Delight: Layer1 Capital Acquires $2.1 Million from Peter Thiel and Others
San Francisco-based investing firm Layer1 Capital announced on December 19, 2018, the acquisition of $2. 1 million in funds from various investing partners. The investment firm is looking to become the “category-defining” investment firm for blockchain projects. дальше »
2018-12-20 02:00 | |
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Senate report: Moscow directed ‘troll farm’ in efforts to elect Trump
The US Senate Select Committee on Intelligence today released a pair of reports detailing the results of its investigation into Russian interference in the 2016 US presidential election. Here’s what you need to know. дальше »
2018-12-18 00:11 | |
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Crypto Miners May Get Electricity Cost Discounts in France to Build Country’s Blockchain Ecosystem
The process of mining bitcoin or any other cryptocurrency is tedious and costly. The expense of covering an adequate amount of electricity is substantial, and two French legislators are looking to change that. дальше »
2018-12-14 20:42 | |
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Market Analyst Tom Lee Says ‘Fair’ Price of Bitcoin is Over $13K
Fundstrat Global Advisors Head of Research, Tom Lee, holds that the current price of Bitcoin is wrong based on a range of factors. The BTC permabull has also refused to give any further price predictions. дальше »
2018-12-14 14:00 | |
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Crypto and Blockchain Smartphones Will be The Next Big Thing
This week the crypto-sphere has been awash with talk about Samsung and its next generation flagship phone coming loaded with crypto goodies. While the company itself has dismissed the story according to reports, rivals are shipping out products that will no doubt keep Samsung on its toes. дальше »
2018-12-14 13:00 | |
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Dutch Central Bank Keen to Regulate Crypto Companies to Deter Money Laundering
De Nederlandsche, the Dutch central bank, is keen to regulate cryptocurrency companies to deter money laundering and terrorist financing. According to December 11, 2018, reports from Dutch Daily newspaper, De Telegraaf, cryptocurrency companies may require a license to continue operating in the near future. дальше »
2018-12-13 07:00 | |
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South Korea’s Second Largest City to Develop Blockchain-Enabled Virtual Power Plant
The South Korean government will be spending four billion Korean won (KRW) ($3. 500. 000) to create and deploy a “virtual power plant” based on blockchain technology reports local media outlet Yonhap News on December 10, 2018. дальше »
2018-12-12 00:00 | |
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Bitmain Shuts Down Research and Development Center in Israel
The ongoing bear market has caused another cryptocurrency company to downsize its operations. Bitmain, the Beijing-headquartered bitcoin mining technology giant, has now begun shutting down its research and development center in Ra’anana, Israel. дальше »
2018-12-10 21:50 | |
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Bitmain Follows Industry Trend, Shutters Operations in Israel
Chinese-based cryptomining firm Bitmain is shutting down the operations of Bitmaintech Israel, its research and development (R&D) center in Ra'anana, Israel, according to reports from local news outlet Globes. дальше »
2018-12-10 20:51 | |
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‘Loot boxes’ in video games could be giving kids a gambling problem
The number of children with gambling problems has “quadrupled to more than 50,000 in just two years”, according to recent reports. The alarming figures come from the UK Gambling Commission’s latest annual statistics, which showed that the prevalence of problem gambling among children had risen to 1. дальше »
2018-12-10 16:30 | |
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Crypto Market Crash forces Bitmain to shutdown its Israeli Development Center
Bitmain, the world’s largest manufacturer of hardware for digital currency mining using ASIC technology has decided to close its development center in Israel, according to reports by Globe, a local business news outlet. дальше »
2018-12-10 13:42 | |
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South Africa: Crypto Exchange Platform VALR Launched in Partnership with Bittrex
Farzam Ehsani, former blockchain lead at Rand Merchant Bank (RMB), has launched his new business initiative named VALR, reports Tech Central, on December 6, 2018. Based in South Africa, VALR is a digital asset trading platform which has been launched in partnership with crypto exchange trading platform Bittrex. дальше »
2018-12-8 14:00 | |
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Less than 2% of “Suspicious Transaction” Reports in Japan Are Linked to Cryptocurrencies
Between January and October, Japanese police had received 5,944 reports with regard to nefarious and illicit activities tied to cryptocurrencies according to local media, December 6, 2018. Report Details According to multiple Japanese news outlets, National Police Agency (NPA) officials have said that the figure is eight times that of the April to December 2017 reports (669). дальше »
2018-12-7 06:00 | |
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Chinese Miners Short BTC Markets to Hedge Against Falling Prices
The price of bitcoin core (BTC) has dropped considerably over the past few months, significantly affecting individuals and organizations that mine the cryptocurrency. According to recent reports, many miners in China are now short selling bitcoins to hedge against falling digital asset prices. дальше »
2018-12-7 04:30 | |
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Australia: Perth Sees its First Blockchain Center
Western Australia’s capital city, Perth saw its first blockchain center open on December 3, 2018, reports the Sydney Morning Herald, December 4, 2018. The blockchain center will allow startups to share resources and ideas with like-minded business personnel and entrepreneurs. дальше »
2018-12-6 18:00 | |
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Only 2% of Japan’s 340,000 money laundering cases involve cryptocurrency
Japan’s efforts to regulate the cryptocurrency industry might have come a little later than needed, as the country has seen nearly 6,000 cases of money laundering involving cryptocurrency so far in 2018. дальше »
2018-12-6 12:30 | |
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Huawei CFO arrested for violating US trade sanctions
The CFO of Chinese telecom giant Huawei, Meng Wanzhou, was arrested in Canada on Saturday for allegedly violating US trade sanctions against Iran, reports The Globe and Mail. Wanzhou, who is also the daughter of Huawei founder Ren Zhengfei, was arrested in Vancouver over the weekend when she was transferring flights in Canada. дальше »
2018-12-6 10:55 | |
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Thieves Kidnap, Drug, Beat, and Torture a South African Bitcoin Enthusiast
A South African man was recently kidnapped by a group of five people in Soweto who went as far as to drug and torture him to get access to his cryptocurrencies according to December 2, 2018, reports. дальше »
2018-12-6 21:00 | |
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Cryptocurrency scammers dupe Singaporeans out of $78,000 in under 3 months
Singaporeans have lost $78,000 to cryptocurrency investment scams in the last three months, after authorities uncovered a wave of fraudulent marketing campaigns. Cryptocurrency con-artists have duped citizens with phony articles featuring well-known Singaporean personalities to garner credibility, local media reports. дальше »
2018-12-5 18:15 | |
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NASDAQ, Fidelity Invest in New Cryptocurrency Exchange
New cryptocurrency exchange has reportedly raised $27. 5 million from investors which include NASDAQ Ventures and Fidelity Investments. The platform will offer cryptocurrency trading on spot and future markets starting next year. дальше »
2018-12-5 16:00 | |
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South African Man Hands $60k Worth of Bitcoin to Thieves After Being Tortured
A cryptocurrency trader has been targeted by a criminal gang in South Africa. After being kidnapped and tortured, the victim eventually handed almost $60,000 in Bitcoin, along with cash and various other gadgets on his person at the time. дальше »
2018-12-5 00:00 | |
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Japanese Government to Track Down Cryptocurrency Income Tax Offenders
The Japanese government will establish a system that would track down individuals who refuse to pay tax on profits made from cryptocurrency transactions. Tax Payments on Cryptocurrency Capital Gains News coming from a Japanese newspaper, The Mainichi, reports that according to sources, the Japanese government is planning to form a system that would monitor individuals […] The post Japanese Government to Track Down Cryptocurrency Income Tax Offenders appeared first on Ethereum World News. дальше »
2018-12-5 23:37 | |
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Nasdaq Says Its Official! Company Executive Confirms a Bitcoin Futures Product to Launch in 2019
According to reports earlier this week, rumors have emerged that Nasdaq, the securities exchange considered as the second contender to the New York Stock Exchange (NYSE), will officially be launching futures contracts for Bitcoin (BTC). дальше »
2018-12-4 02:01 | |
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Two Ohio Accelerators Invest More Than $100 Million USD In Crypto Firms
Two companies of the state of Ohio, in the United States, have recently invested more than $100 million USD into blockchain companies. The two startup accelerators have their eye on the blockchain technology now and, according to the original reports, which were made by Cleveland. дальше »
2018-12-3 21:12 | |
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HBUS ‘Evolved Crypto Trading’ Billboard Debuts On San Francisco Building, Jabbing At Coinbase
In San Francisco, America’s first cryptocurrency billboard is already being shown to citizens of the city. The HBUS company, a partner of the Singapore cryptocurrency exchange Huobi, has displayed its logo in a building in San Francisco, according to reports from Finance Magnates. дальше »
2018-12-1 16:38 | |
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Apple reportedly bans 700+ apps from the App Store in China
Apple continues its crackdown on bogus iOS software in China as it removed 718 apps from the App Store earlier this week. Local reports suggest that the company removed these apps for issuing updates without Apple’s permission. дальше »
2018-11-30 08:42 | |
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Amazon Unveils ‘Immutable’ Quantum Ledger Database Product
Amazon’s digital arm Amazon Web Services (AWS) revealed two new blockchain-inspired products despite the current cryptocurrency bear market. Amazon Marching Forward Despite the recent decrease across the entire cryptocurrency market, Amazon digital arm AWS (Amazon Web Services) revealed two new blockchain-oriented products, CNBC reports. дальше »
2018-11-30 01:00 | |
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Bitcoin and Crypto Wallet Users of Blockchain.com Report Issues with the Platform
Users Of Blockchain. com Report Issues With The Platform It seems that Blockchain. com is experiencing some issues with the Bitcoin wallet that it has created. According to some reports, there are three common issues with the wallet. дальше »
2018-11-30 23:29 | |
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Amazon officially joins the blockchain party
Despite previous small forays into the blockchain space, Amazon is now officially part of the blockchain party after launching two new blockchain oriented services. The services called Amazon Managed Blockchain (AMB) and Quantum Ledger Database (QLDB) were announced yesterday at Amazon’s re:Invent conference, reports TechCrunch. дальше »
2018-11-29 12:49 | |
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ACLU demands FBI explain request to wiretap Facebook Messenger
The American Civil Liberties Union (ACLU) today filed a motion with a Federal court requesting documents pertaining to an FBI attempt to force Facebook to hack its own Messenger service be unsealed. дальше »
2018-11-29 01:26 | |
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7 EU countries accuse Google of violating GDPR by tracking users
Consumer agencies in seven EU countries have asked privacy regulators to take action against Google for violating GDPR. The search giant has allegedly tracked the movements of millions of Europeans, Reuters reports. дальше »
2018-11-27 14:29 | |
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An American woman has been funding ISIS with Bitcoin
A Pakistani-American woman has confessed to using Bitcoin to launder dirty money to help finance terrorist organization ISIS, CNBC reports. Zoobia Shahnaz, a 27-year-old Long Island, New York resident, made the confession yesterday in front of New York state federal courts. дальше »
2018-11-27 13:12 | |
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$3M worth of cryptocurrency seized from Bulgarian criminals
Yet another group of organized criminals have been apprehended after illegally acquiring cryptocurrency. Three individuals in Bulgaria have been arrested and charged after obtaining over $3 million (5 million lev) through illegal schemes. дальше »
2018-11-26 18:18 | |
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Law Firm: South Africa’s Draft Tax Law Could Affect Cryptocurrency Use
A South African law firm has published a short essay on proposed tax legislation for cryptocurrency in the country. Cox Yeats Attorneys, a Durban-based firm, argues that the Taxation Laws Amendment Bill, published by the National Treasury in July, will be bad for the digital asset industry, according to local media reports. дальше »
2018-11-26 18:15 | |
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BCH Hash Wars Caused a Total Loss of 10 Million USD To Both Camps, Says Bitmex Research
The infamous “BCH Hash War” has not only been highly damaging to the entire crypto ecosystem, but those responsible for the fall are also suffering multi-million dollar losses, according to a recent report published by Bitmex Research. дальше »
2018-11-24 23:26 | |
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Busted: Manhattan 21-Year old Arrested For $1 Million Cryptocurrency Theft
Nicholas Truglia, a 21-year old con man, residing in Manhattan, New York, was arrested by the local police at his apartment for hacking into others mobile phones to steal cryptocurrencies, reports New York Times on November 20, 2018. дальше »
2018-11-22 10:00 | |
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Spain Monitors 15,000 Cryptocurrency Investors to Curb Tax Evasion
Spain’s Ministry of the Treasury has identified 15,000 cryptocurrency investors it will monitor to prevent tax evasion and money laundering, according to local media reports. The ministry has vowed to ensure that the investors pay taxes on capital gains from digital currency transactions and that they declare any other benefits accrued from trading. дальше »
2018-11-22 04:10 | |
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Japan’s Largest Shipping Line to Launch Digital Currency to Pay Crew Members
Japan’s shipping line powerhouse Nippon Yusen KK is set to introduce its own digital currency for internal use, specifically to pay its seafaring workers, reports Bloomberg, November 20, 2018. The move is aimed towards minimizing the hassle and costs of the process of managing, sending and converting money to their respective local currencies. дальше »
2018-11-21 18:00 | |
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Huobi Group Sets Up Communist Party Committee in Beijing
As part of its desire to forge deeper ties with the Chinese government, Huobi Group, the parent company of digital asset platform Huobi, has formed a Communist Party committee in China, according to an announcement by the company. дальше »
2018-11-20 00:18 | |
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Bitcoin Miner ‘Canaan Creative’ IPO Will Not Happen in 2018
Bitcoin mining equipment maker, Canaan Creative, on Thursday (November 15, 2018) allowed its Initial Public Offering (IPO) filing to elapse. Reports suggest that the company will shelve its IPO plans at least for the remainder of the year. дальше »
2018-11-15 23:00 | |
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Marshall Islands Government Votes to Move Forward With Plan for State Cryptocurrency
The Republic of the Marshall Islands will move forward with its plan to introduce its own cryptocurrency, despite a vote of no confidence against President Hilda Heine’s support of the venture, according to reports on Tuesday. дальше »
2018-11-15 17:00 | |
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Bitcoin Ban is Impossible in India, says Experts
Experts are saying the Indian Government’s perceived plan to ban Bitcoin and all other cryptocurrencies is an impossibility. Analysts are saying that by the very nature of digital currencies, implementing a blanket ban will be difficult. дальше »
2018-11-15 16:43 | |
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Isle of Man’s Financial Regulator IOMFSA Updates Crypto Business Registration Policy
The Isle of Man’s financial watchdog the Isle of Man Financial Services Authority (IOMFSA) has revised its registration policy with regard to businesses operating in the cryptocurrency industry, reports Mondaq, November 13, 2018. дальше »
2018-11-15 02:00 | |
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Financial Times (FT) Explores Bitmain’s Different IPO Prospectus’ Profits Compared To Earlier Reports
FT Says Bitmain Posted Different IPO Prospectus’ Profits Compared To Earlier Reports Bitmain, the largest cryptocurrency mining company in the market has gained attention during the last months after showing interest in receiving funds from the traditional financial market. дальше »
2018-11-15 01:45 | |
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Japanese Police Arrest 8 Men In $68 Million ‘Sener’ Crypto Pyramid Scheme
Japanese Police Arrests 8 Men For Involvement In $68 Million USD Crypto Pyramid Scheme The Tokyo police have recently arrested eight men that were suspected of leading a $68. 4 million USD crypto and pyramid scheme. дальше »
2018-11-14 22:29 | |
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8 arrested for running $68M cryptocurrency Ponzi scheme in Japan
Japan has another cryptocurrency scam to recover from as police have arrested a group suspected of running a cryptocurrency pyramid scheme. Today, Tokyo police arrested eight men thought to be connected to a Ponzi scheme that collected over $68 million in cryptocurrency from around 6,000 people, local news the Asahi Shimbun reports. дальше »
2018-11-14 19:02 | |
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