
January 2018
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South Korea considers tax on cryptocurrencies
Korea is considering taxes on cryptocurrency transactions as part of efforts to curb excessive speculation in virtual coins, the country’s finance minister said Thursday. “We are reviewing [taxation] because [cryptocurrency] is seen to be taxable,” Kim Dong-yeon told lawmakers. “We are looking at a variety of cases in other countries.” The finance minister also stressed […] More
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in News
BTCC Exchange Shuts Its Doors
Bitcoin exchange BTCC has closed its CNY trading platform in compliance with the China ICO ban, marking the end of an era for the bitcoin community both inside and outside of China. Following the China ICO ban, regulators reportedly instructed domestic bitcoin exchanges they must voluntarily shut down their trading platforms. […] More
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China has no real impact on bitcoin
Charlie Shrem, a bitcoin pioneer and the head of business development at Jaxx, a popular cryptocurrency wallet platform, explained that China has no real effect on the future of bitcoin. Shrem stated: “This China FUD is playing on all your fear, uncertainty and doubt. China has no real effect on the […] More
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in News
South Korea considers tax on cryptocurrencies
Korea is considering taxes on cryptocurrency transactions as part of efforts to curb excessive speculation in virtual coins, the country’s finance minister said Thursday. “We are reviewing [taxation] because [cryptocurrency] is seen to be taxable,” Kim Dong-yeon told lawmakers. “We are looking at a variety of cases in other countries.” The finance minister also stressed […] More
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in News
Zilliqa – next generation blockchain
Zilliqa is a public blockchain platform that aims to disrupt the industry by offering scalability without sacrificing security or decentralization. Zilliqa employs a technique called sharding, whereby the mining network is divided into several consensus groups, each capable of processing transactions in parallel. The use of sharding ensures that […] More
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Japanese government investigating after $530 million stolen in largest cryptocurrency hack ever
The Japanese government is investigating a massive hack that was revealed this weekend, which resulted in the theft of around $530 million worth of cryptocurrency from the Japanese cryptocurrency exchange, Coincheck. What happened? It’s unclear exactly when the hack occurred, but the company revealed it in a blog post over the weekend. It is believed that the […] More
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First building in Japan to be sold with bitcoin
A Tokyo-based real estate firm is selling a small commercial building for 547 bitcoin, or $6 million. It is said to be the first building in Japan to be sold using bitcoin. During an interview with South Korean mainstream media outlet MK, a Japanese real estate startup Yitanzi stated that it is selling various properties including a […] More
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Robinhood will launch Zero-Fee crypto trading
Starting in February, no-cost stock trading app Robinhood will allow users to trade Bitcoin and Ethereum with no fees whatsoever, the company has announced in a blog post Thursday, Jan. 25. The announcement is a welcome one to users of other cryptocurrency exchanges who have grown accustomed to paying fees ranging from 0.1% to as high as 4% per transaction on platforms like Coinbase. Robinhood […] More
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Cryptocurrency Market Recovers $17 Billion
Bitcoin and other popular cryptocurrencies saw a brief crash yesterday, which ended up with some $35 billion drained out of the total market capital. It was heavily speculated that the most recent ICO ban from China might be the cause. As of right now, the top 3 exchanges that are trading […] More
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Brisbane – World’s First Cryptocurrency airport
Brisbane Airport (BNE) will soon become the first cryptocurrency airport terminal, according to reports from local media. The airport is working with local and international companies to make the entire terminal cryptocurrency friendly, with stores, coffee shops and restaurants accepting Bitcoin, Ether and Dash. The move to digital currencies makes sense for the airport, as the number of crypto investors […] More
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Discover the first Source-Level DAO platform – ELLCRYS
Current web service providers limit organization accounts to only support a single owner who is granted unlimited access to add and remove users and manage the account and all resources. We see this in services like Github, Stripe, Heroku and thousands more. This kind of account or organization structure cannot work for future decentralized organizations […] More
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Stellar price leaps by 24 percent after Stripe hints at future support
Stellar price leaped by 24 percent after payment processor Stripe teased that it may add support for XLM in the future. The cryptocurrency markets made a bullish pivot this morning, and Stellar is leading the charge. After spending most of January on a gradual decline, the Stellar price leaped by 24 percent on Wednesday, ripping […] More