Taking Cyber Security to the Next Level with R3Sec

Cyber attacks already take a heavy toll on companies the world over, and things are only going to get worse. However, R3Sec offers a solution to minimize intrusion time while making life miserable for would-be cybercriminals. Cyber Attacks Cost Companies Billions Cybersecurity threats can cost companies millions of dollars. To date, $1.2 billion has already been stolen from cyber attacks, and threats to cybersecurity may cause an estimated $6 trillion per year in damages by 2021. Stolen identities through security breaches at Equifax, Yahoo, Uber, and LinkedIn have cost $1…

Read More

Cambodia’s Crypto Industry Marches Forward Despite Legal Grey Area

Cambodia’s cryptocurrency sector appears to be marching forward, despite the absence of clear regulatory guidelines pertaining to virtual currencies.  Also Read: PBOC to Strengthen Cryptocurrency Regulations in 2018 Regulatory Ambiguity Fails to Deter Cambodia’s Cryptocurrency Sector A report published by The Phnom Penh Post suggests that Cambodia’s virtual currency industry is pressing forward in spite of the regulatory ambiguity surrounding cryptocurrencies in the country. The founder of the Khmer Crypto Foundation, In Mean, told local media that individuals operating in Cambodia’s cryptocurrency sector do so with great care due to the…

Read More

5 Altcoins with Major Events the week of April 1, 2018 (Gains Likely to Beat Bitcoin Returns!)

This past week has seen Bitcoin and many altcoins fluctuate dramatically. These significant fluctuations can be profited off of by trading or increasing one’s position in the underlying crypto. The upcoming week has major events for five cryptocurrencies: PRL, UKG, EOS, PKB, and BRD. The Market Conditions In December of 2017, Bitcoin was pushing the $20,000 mark with many experts predicting a run much higher. The bull market turned bear and BTC is currently priced at approximately $7,000 per coin. This sixty plus percent retraction has led altcoins to retract…

Read More

New ESMA Measures Impose 2:1 Restriction on Leverage for Crypto CFDs

The European Securities and Markets Authority (ESMA) has announced that it will impose restrictions on the leverage offered for contracts-for-difference (CFDs) and binary options offered to European retail investors. Under the new measures, the leverage offered on cryptocurrency CFDs will be limited to no more than 2:1. Also Read: PBOC to Strengthen Cryptocurrency Regulations in 2018  European Securities Regulator Imposes Restrictions on Leverage Offered by CFD Providers ESMA has agreed on what it describes as “temporary product intervention measures on the provision of [CFDs] and binary options to retail investors in…

Read More

Zeroedge.Bet Casino Launched Its Pre-ICO Round 2 and Offers 58% Bonus for a Very Limited Time!

March 31st – A unique blockchain based gambling platform Zerocoin.bet is launching their Pre-ICO part 2. The presale event will last until April 27th, 2018 or until the hard cap is reached which is set at only 1500 ETH. During the presale, investors will be able to purchase ZERO tokens with a 58% bonus for a very limited time. ZERO token owners will be able to use it on the ZeroEdge.Bet platform to play 0% house edge games such as Blackjack, Video Poker and many others. ZERO tokens will also be…

Read More

Kazakhstan Preparing to Prohibit Crypto Trading and Mining, Says Central Bank

The chairman of the central bank of Kazakhstan said that the bank has prepared legislation to prohibit the sale and purchase of cryptocurrencies in the country as well as any kind of crypto mining, citing several risks he sees. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies National Bank’s Crackdown on Crypto The chairman of the National Bank of Kazakhstan Daniyar Akishev said on Friday that “Kazakhstan intends to prohibit the purchase and sale of cryptocurrencies and any kind of mining of cryptocurrencies” in an interview with…

Read More

Crypto Investors in Thailand Will Get Taxed

After the Bank of Thailand ordered the country’s financial institutions to steer clear of cryptocurrency, its military government has now advised that cryptocurrency taxes are on the cards. Thailand has previously been hesitant to take decisive action against cryptocurrencies. However, 2018 has seen this on-the-fence stance change. February saw the country’s financial institutions put an end to offering crypto-related services, while earlier this month saw authorities suggest that virtual currencies would soon be subjected to tax regulations. Thailand to Issue Crypto Tax According to Nikkei Asian Review, the latter is…

Read More

Russians Owe 13% Tax on Their Crypto Incomes

Russian citizens are expected to pay 13 percent tax on their crypto-related incomes. Amendments to the tax code are currently being prepared. The exact rates should be confirmed by the end of the year. However, lawyers have warned that even now citizens risk criminal prosecution if they fail to report gains from dealings with cryptocurrencies. Also read: 0 to 50 percent – Time to Pay Crypto Taxes in the European “Union” Tax Obligations Apply to All Residents, Including Foreigners Lawmakers are finalizing the legislation that should regulate crypto-related matters in…

Read More

Double-Bottom? ‘Substantial Funds’ Waiting for Crypto Collapse to Complete

The cryptocurrency market has entered a full-fledged state of depression, leaving many long-time investors frustrated and many first-time investors downright furious. However, the worst is almost certainly over. A hard fall Many uneducated cryptocurrency investors lump the major market players — Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), and possibly Bitcoin Cash (BCH) — into the same category, even though there are fundamental and core differences between these cryptocurrencies. That group, according to Linda Butcher, co-founder of Rewards Blockchain LTD., is often believed to be on the verge of…

Read More

Crypto Still Tax Free in Korea but Regulators Have Set Timeframe for Taxation

Cryptocurrency transactions are still tax-free in South Korea due to a lack of tax regulations. As the law stands, citizens are able to profit millions of won from cryptocurrencies without being required to pay taxes on them. However, the regulators have set a tentative timeframe for the introduction of the crypto tax law. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Still No Tax on Crypto Transactions A lawyer in his early 40s recently revealed that he “made a profit of nearly 30 million won last year…

Read More