Month: February 2018

A publicly traded Canadian crypto miner has just made a $8 million bet that all bitcoin users around the world will eventually be compelled to report their transactions to the taxman, and that they will help handling this oftentimes complex process.  Also Read: Vegetables on a Blockchain ICO Exit Scams After Paying People to Write On Their Bodies Bitcoin ‘Turbo Tax’ Canadian cryptocurrency mining company Hashchain Technology Inc. (TSXV: KASH) has announced that it reached a deal to acquire Node40 LLC for $8 million subject to the approval of the…

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This week the team at Bitcoin.com, the internet’s premier bitcoin portal, launched its block explorer enabling cryptocurrency enthusiasts to search the bitcoin cash (BCH) and bitcoin core networks for activities like transactions, addresses, and information about particular blocks. Also read: Bitcoin Cash Games Arrives — Play Your Favorites Faster With BCH Bitcoin.com’s Web Portal Adds a Simple to Use Blockchain Explorer Blockchains record all of the activity that’s taking place within cryptocurrency networks such as transaction times and confirmations, information about processed blocks, and the amount of funds contained in a…

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Cryptocurrency Liquidity can be defined as the process by which an asset is converted into fiat currency based on demand. If you are not satisfied with this definition than liquidity can also be defined as an asset bought or sold on the open market when the price is relatively affordable. In light of the above, discounts or even premiums cannot be attached to an asset in the process of buying or selling it. What this means is that entry and exit is possible at any point within the transaction. The issue…

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This week the firm Coinshares Group has announced two new investment vehicles tethered to cryptocurrencies. Coinshares was the first organization to launch publicly traded bitcoin and ethereum-based exchange-traded-notes (ETN), and the firm’s new funds will offer retail investors more “familiar channels” to invest in the growing digital asset economy. Also Read：Chinese Investors Continue to Obtain Bitcoin Using Thriving OTC Platforms Two New Coinshares Crypto-Investment Funds: The ‘Active’ and ‘Large Cap’ Coinshares is well-known for it’s Bitcoin Tracker One ETN listed on Nasdaq OMX. Coinshares Group is a well-known company that…

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Tokyo-based SBI Holdings has announced that its digital assets exchange, SBI Virtual Currencies, which launched in beta yesterday, will list Ripple (XRP) as the only cryptocurrency supported at launch. XRP is the first and the only cryptocurrency to be listed on SBI Virtual Currencies during its initial launch period. The newly released digital asset exchange, owned by SBI Holdings, is designed to streamline cryptocurrency trading for its institutional customers and individuals in Japan. The company originally proposed its plan for launching the exchange in late 2016 but at the time had not…

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The cybercrime combating department of Ukrainian Police has voiced support for the legalization of cryptocurrencies despite sharing some concerns about them. The Cyberpolice unit also noted the need to regulate cryptos “as soon as possible”. Ukrainian parliament is yet to adopt new legislation amid mounting calls from other institutions to regulate cryptocurrencies.   Also read: Russia’s Longest-Serving Finance Minister Backs Crypto “Self-Regulation” Legalize it or Ban it It is necessary to regulate at legislative level all matters pertaining to the use of cryptocurrencies, Sergei Demedyuk, head of the Cyberpolice department, said…

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