The price of BTC had increased in value significantly over the years, reaching $19,600 at its highest peak – and the exchange rate rests at $8,500 today. This is a stark contrast to just over a year ago when the digital currency’s value was under $1,000 per coin. Since the fiat value has increased so much it has made some early investors very rich. Moreover, there’s one group of early adopters that no one likes to talk about — darknet market vendors. Also read: Since Embracing Bitcoin, Robinhood App Value Jumps…
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Find Real BTC Rewards Roaming 3,000 Levels in New Japanese Mobile Game
There’s a new Japanese Android and iOS game called Itadaki Dungeon that allows players to earn small micro-bits of BTC while venturing through 3,000 underground levels. The free game is a 2D course filled with weapons, special items, and cryptocurrency treasure. Also Read: US State Exempts Cryptocurrencies From Property Taxes The 2D Mobile Game Itadaki Dungeon’s mBTC Incentives The company Atstage Inc. has recently launched a 2D video game called, Itadaki Dungeon, which allows players to earn bitcoin while trying to beat roughly 3,000 courses. The levels feature a dungeon-type of…
Read MoreNow You Can Make Introductions At Scale – and Get Rewarded For It
Ever had two friends, acquaintances or coworkers who you thought would make a great match, but you could just never quite figure out how to introduce them properly? Or maybe there’s a friend of a friend who is absolutely drop dead gorgeous, but it doesn’t seem right for you to ask to be introduced? Well, blockchain technology has finally made it possible. And it even pays its members for making valuable introductions… Play Matchmaker For Friends and Strangers Good connections are hard to make, and the smallest introductions can change lives. However,…
Read More‘Crypto Hour’ Wants Bitcoin Miners To Switch Off March 24
Crypto hours is a Russian initiative in honor of Earth Hour on March 24 is looking to make the world’s cryptocurrency miners switch off their rigs for an hour. Switching Off For Ecological Awareness As various local news outlets report, the so-called ‘Crypto Hour’ (‘Kripto Chas’) is being organized in order to highlight the ecological impact of mining and encourage the industry to develop more eco-friendly methods of minting coins. The event comes at a time when mining operators continue to seek out cheap electricity to capitalize on the burgeoning…
Read MoreUkraine to Compensate a Citizen in Bitcoin – for ”Moral Damages”
A district court in Kiev Oblast has accepted a lawsuit which is setting a precedent in Ukraine. The plaintiff seeks compensation in bitcoin for “moral damages” caused by law enforcement officials. A preliminary hearing has been scheduled after the presiding judge found no legal grounds to reject the claim. Also read: Lawsuit Challenges Google’s Ban on Crypto Ads in Russia Setting a Precedent For the first time in Ukraine’s judicial practice, a claim for compensation in cryptocurrency has been accepted by a local court. Ukrainian citizen Dmitriy G. wants to…
Read More76% of This Year’s ICOs Are Already Under Water
2018 has been a tough year for the cryptocurrency markets, and crowdsales have borne the brunt of it. ICOs launching in the first quarter of this year have struggled to turn a profit, with the majority of exchange listed tokens trading at a loss, both in USD and ETH terms. As a consequence, pre-sales provide the only means of turning a profit – and even that’s a long shot. Also read: Many Token Crowdsales No Longer That Open to the Crowds 76% of ICOs Are in the Red At MIT Bitcoin…
Read MoreIsraeli Crypto Companies Banned From Stock Exchange Indices
In a bid to reduce systemic risk, the Israel Securities Authority has announced that it will not include companies operating in the cryptocurrency industry will not be included in the country’s stock exchange indices. News of the determination has been published alongside a public warning issued that seeks to inform prospective investors of the risks associated with cryptocurrency exposure. Also Read: US State Exempts Cryptocurrencies From Property Taxes Israeli Cryptocurrency Companies Banned From Listing on Stock Exchange Indices Israel’s financial regulator, the Israel Securities Authority (ISA), has announced that companies primarily…
Read MoreThe IRS Isn’t Making it Easy for Cryptocurrency Investors
The Internal Revenue Service (IRS) continues to reach its greedy claws into the pockets of cryptocurrency investors — surprising some with unexpected bills. Land of the Free, Home of the IRS Cryptocurrency is still a new and wild market, but that doesn’t mean the IRS isn’t prepared to screw you over on your digital currency transactions as much as possible. According to the Internal Revenue Service, cryptocurrency investors aren’t merely liable to pay taxes when cashing out cryptocurrency for fiat. Rather, anything purchased using a digital currency is taxable as…
Read MoreMastercard “Very Happy” to Use Cryptocurrencies, Just Not Real Ones
When you are an entrenched player deep within a certain system, especially one as complex and inflexible as the banking industry, it can be hard to implement changes, even when there is a critical need to adapt to emerging technologies. If a company wants to appear as if it is keeping up with the times, it can simply announce that it is piloting the new technology. Such appears to be the case with Mastercard and cryptocurrency transactions right now. Also Read: US State Exempts Cryptocurrencies From Property Taxes Master Govcoin…
Read MoreThe Current Crypto-Bear Run Will be Nothing Like 2014
Since the beginning of the new year, the past three months has seen most cryptocurrencies lose over 60 percent of their values. Bearish markets have started to spark 2014 memories when BTC/USD markets and many altcoins suffered from a year-long downturn. Surely there have been few similarities to the current 2018 bear run and the one that took place four years ago. However there are some deep ecosystem contrasts within the crypto-space that leads one to believe this bearish sentiment won’t last as long — 2018 is not even comparable…
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