Cryptocurrency News


Singapore’s proposal is to end cryptocurrencies’ GST taxation

Singapore’s proposal is to end cryptocurrencies’ GST taxation

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The taxation agency of Singapore’s government is suggesting to remove goods and services tax from cryptocurrency actions that are serving as a medium of exchange. On July 5 The IRAS published an e-Tax draft guide for regulating the Digital payment tokens sector. If this draft starts to officially...

The Internal Revenue Service of the US will soon present an updated guide related to Bitcoin and other cryptocurrencies

The Internal Revenue Service of the US will soon present an updated guide related to Bitcoin and ...

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In the next few weeks, the Internal Revenue Service of the US is expected to present an updated version of its guidelines, which have a connection to the Bitcoin and other cryptocurrencies. Changes to the document were made under pressure from a group of more than 20 congressmen, who in April...

Bitcoin correlation with cryptocoins

Binance: Bitcoin correlation with other cryptocurrencies has significantly decreased

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Binance's research division published a quarterly report, in which it estimated the correlation of digital assets among themselves. Thus, according to it, the correlation between Bitcoin and the rest of the market has significantly decreased in comparison with the figures for the first quarter of...

Twitter talks about crypto

Twitter talks about crypto

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New research provides us with a very interesting statistics about various countries and their tweets about the crypto industry. So the first position is the US because 38.9% of tweets about Bitcoin are from here. The UK takes second place with 10.5%. Top five countries are US, UK, Canda, Turkey...

Craig Wright and fake documents

Craig Wright caught in the provision of fake documents to the court

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The self-proclaimed developer of Bitcoin Craig Wright could provide fake documents during the trial of the case against David Kleiman. Lawyer Stephen Palley pointed this out in his Twitter account. lol pic.twitter.com/3nCmzqZHVk— Palley (@stephendpalley) July 3, 2019 So, among the documents...

Bank of Japan: Liquidation of cash

Bank of Japan: Liquidation of cash will make the payment infrastructure inconvenient

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The deputy head of the Bank of Japan, Masayoshi Amamiya, ruled out the likelihood of issuing national digital currency, Reuters reported. According to the official, the issuance of such a means of payment would mean a waiver of fiat money. “Liquidation of cash will make the payment...

Telegram’s cryptocurrency is offered a triple price of ICO for sale

Telegram’s cryptocurrency is offered a triple price of ICO for sale

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Telegram’s crypto coin may have comprehended by 200% from 2018 when it started one of the largest ICOs in history, even though it is not introduced to the public yet. To be sure in this, you simply need to ask one of the initial investors. According to Liquid exchange, based in South Korea Gram...

Nouriel Roubini, aka Dr Doom, opposes Bitcoin

Nouriel Roubini, aka Dr Doom, opposes Bitcoin

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Famous economist Nouriel Roubini, who’s recognized as Dr Doom for his downhearted warnings, made some noise with his freshest assault on Bitcoin and related cryptocurrencies. Professor Roubini considers that Bitcoin is “overhyped”. On 2 June at a summit in Taiwan, he compared crypto coin with...

$1 Billion was spent in Darknet by Bitcoin criminals this year

$1 Billion was spent in Darknet by Bitcoin criminals this year

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According to a Chainalysis report, this year set a record in Bitcoin’s use on the illegal Internet and the amount of money reached $1 billion. While the number of Bitcoin transactions dedicated to forbidden buyings is failing, about $515 million of the digital coin has already been used this year...

Iran finds 1,000 Bitcoin mining computers after a power spike

Iran finds 1,000 Bitcoin mining computers after a power spike

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Iranian governments caught over 1000 mining computers from two former factories. The operation was performed after governments discovered a spike in electricity consumption. The minister of energy announced that request for electricity grew by 7% in June and it’s considered that Bitcoin mining is...

Bitsane's scam: disappeared with money

Bitsane cryptocurrency exchange's management has vanished with user's money

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Ireland-based cryptocurrency exchange Bitsane ceased operations, and its management stole deposits of almost 250 thousand users, reports The Forbes. As the newspaper notes, Bitsane LP in the past was listed as one of the trading platforms approved by Ripple. In addition, in January 2018, CNBC...

Bitcoin is losing its value just as quickly as gained it

Bitcoin is losing its value just as quickly as gained it

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Everyone was following the swift rise of Bitcoin’s price this week. The rate of crypto coin passed $14000 mark on June 26 and this was the most high-priced level since January 2018. Then, just in several minutes, the coin changed its course and started to lose in price....

Bitcoin's price increased to $13000, afterwards it lost almost 13%

Bitcoin's price increased to $13000, afterwards it lost almost 13%

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On June 26, Bitcoin passed the mark $13000, after several minutes it shed about $1000. At 6 pm ET, Bitcoin’s price was back to $12000-plus cost. The reason for this wasn’t clear, but we all know that cryptocurrencies are famous for their price swings. A preceding bitcoin craze hit a fever...

Fraudsters stole 15,000 ETH via Huobi

Fraudsters stole 15,000 ETH via Huobi fake group in Telegram

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In China, the attackers, under the pretext of “arbitrage opportunities,” extorted about 15,000 ETH from trusting investors (more than 5 million at the current exchange rate), creating the fake Huobi exchange group in Telegram. Reports about it 8btc. The fraudsters presented themselves as...

JPMorgan will test its own stablecoin along with corporate clients

JPMorgan will test its own stablecoin along with corporate clients

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JPMorgan, a large American financial holding, will start testing its stablecoin among corporate clients. It is reported by Bloomberg Japan. According to the publication, the head of blockchain-development of JPMorgan Umar Farooq said that customers will take part in testing technology aimed at...

police officer sold drugs using crypto

Crime and crypto: a former operative transferred 250,000 USD from the sale of drugs to cryptocurr...

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The prosecutor's office of the Volgograd accused the former operative of the drug control service and his trainee in the sale of narcotic substances and the laundering of illegal income on a large scale through cryptocurrency. This is stated on the website of the department. Thus, the accused...

Beam cryptocurrency price growing

The price of cryptocurrency Beam is growing rapidly amid the statements of regulators and the ann...

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The Beam, confidentiality-oriented on transactions, which are based on the MimbleWimble algorithm, is rapidly growing in price - the coin has risen by 55% in just one day, and during the past week the increase was about 160%. Analysts attribute such confident and sharp growth to the increased user...

Legalization of cryptocurrency in Russia

Legalize or prohibit: the law on cryptocurrencies in the Russian Federation can be passed until t...

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The bill on digital financial assets on the territory of the Russian Federation may be adopted by the end of next month, but the authorities have not yet decided on the vector of market regulation, said Anatoly Aksakov, chairman of the State Duma Committee on the Financial Market, in the press...

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