Month: May 2019
Bitcoin accumulation may result in the bull market in the near future
Bitcoin had witnessed an ultimate lower circuit during August- December 2018 and fell to $3200. Ever since then the crypto market has been struggling to…
Ernst & Young developed the blockchain platform for Blockchain Wine Pte.
Ernst & Young, one of the Big Four accounting firms to build a blockchain solution for Blockchain Wine Pte. that will help the consumers to…
CoinMarketCap to become a sponsor of the major Israeli soccer team
Popular cryptocurrency market analysis and tracking website CoinMarketCap.com has become the sponsor of a major Israeli soccer team, Beitar Jerusalem Football Club. Announcing the news,…
Israel Court ruled Bitcoin isn’t currency but an asset
Capital gain tax on cryptocurrencies has always been the matter that annoys not only the crypto traders but also the lawmakers. Recently, the Central District…
SEC obtained a court order to halt an ongoing $300 million Ponzi scheme
The U.S. Securities and Exchange Commission has recently announced that it has secured a court order from U.S. District Court for the Southern District of…
U.S. IRS Says New Crypto Tax Guidance coming soon
The U.S. Internal Revenue Service is getting ready to publish its first guidance on cryptocurrency taxation subjects since 2014, the agency’s commissioner Charles P. Rettig…
Amazon granted the patent to encounter PoW challenges and fight DDoS
The Seattle-based e-commerce giant has already granted many patents related to blockchain and cryptocurrency and their use cases. Recently, E-commerce giant Amazon has recently been…
OneCoin finally responded to various accuses they have been charged with
OneCoin has been in news ever since it launched in 2014. The number of countries has already banned OneCoin and labeled it as fraudulent cryptocurrency.…
Bitmain reported 88% decline in Its Bitcoin Mining Power
Beijing-based crypto mining rig manufacturing giant Bitmain Technologies Limited recently reported its internal Bitcoin and Bitcoin Cash mining operations have generated 88% less computing power…
Facebook to alter its ads policies for financial services
Social media giants such as Facebook, Twitter, Snapchat, etc. have already banned the advertisements for initial coin offerings (ICOs) and cryptocurrencies. Even Google has also…