Category: Uncategorized

A major network of pawn shops in Ukraine is launching a new lending service with loans secured by cryptocurrency. With over 300 branches, the pawnbroker plans to offer loans based on the type, amount, and price of crypto collaterals. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Pawn Shops Offer Crypto-Secured Loans Founded in November 1992, Skarbnytsya claims to be “the first and largest non-state [network of] pawnshops in Kiev and Ukraine.” According to its website, the company has “millions of customers,” 1,200 employees, and currently operates more…

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Bitcoin Cash has started to gain more acceptance – at least, in the field of ransomware. Fork Over Your Bitcoin… Cash Security researcher MalwareHunterTeam has recently discovered a new ransomware called Thanatos. Typically, ransomware encrypts victims’ files, forcing them to pay a ransom in order to regain access to their computers. However, Thanatos doesn’t actually save the keys to unlock victims’ files anywhere – thus, if you didn’t have enough reason not to pay the criminals, there is literally no reason to fork over your hard-earned cryptocurrency. Thanatos isn’t only…

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Tax authorities in Belgium aren’t joking around when it comes to Belgians paying taxes on their cryptocurrency gains. Unity is Taxes According to reports from Belgian newspapers, the country’s Special Tax Inspectorate has opened three cases in regards to cryptocurrency taxes, with a fourth recently closed and treated as a “non-case.” Belgian law stipulates that anyone speculating on cryptocurrencies must pay a 33 percent tax on profitable gains, and said gains must be declared as “miscellaneous income” on tax returns – a rule which was apparently imposed at the end…

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Ethereum may have emerged to be the dominant platform for the development of decentralized applications (dapps). However, issues concerning its scalability are starting to prompt developers to consider alternative platforms. Several notable projects have already moved on from Ethereum, choosing the likes of NEO and Stellar as their new platforms of choice. The market also seems to be getting excited by the emergence of these blockchains. Established trading platforms like eToro are now starting to support NEO due to the token’s strong showing in light of the massive crypto market…

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The launch of TRON’s main net has been moved up, but questions still remain as to what the pumped-and-dumped cryptocurrency really is. Finally, the project’s director of technology has some answers. Launching Ahead of Schedule According to Lucien Chen, TRON’s director of technology, the launch of the cryptocurrency’s main net is slated to be moved up from July 1st to May 31st. Meanwhile, its test net — which will allow for the running a full node, the deployment of customized digital assets, the sending and receiving of transactions, and voting — is…

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Interest in cryptocurrency in Kazakhstan has surged fifteen-fold this year compared to 2017 according to a study by Yandex. The number of online searches began to rise significantly in June of last year for a number of cryptocurrency-related search terms. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Crypto-Related Search Queries Increase A multinational corporation specializing in Internet-related services and products, Yandex, recently conducted a study of search queries by Kazakhstanis on topics related to cryptocurrencies, blockchains, and crypto mining, Zakon reported. Kazakhstanis are most actively searching combination…

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In the cryptocurrency market today, there’s a wide variety of investors. But it wasn’t always like that. Between 2010-2016, the landscape was pretty uncomplicated. On a high level, there were only two distinct categories: 1, The ones who measured their wealth in fiat; 2, The ones who measured their wealth in bitcoin. Also read: Meet the TA Gods Bitcoin and Investor Types When a Type 1 person meets a Type 2 person, this is typically how the conversation would go. Type 1 person: Bitcoin is doing great, I’m so glad I bought…

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Blockchain technologies have been fondly called the basis and the beginning of ‘The Internet 3.0’ over the recent years. But what does this mean for the applications and technology companies of today? Blockchain technologies have undoubtedly brought about a new era of technological advancement. Applications of the blockchain as enterprise solutions have allowed for an increased level of efficiency and transparency which did not exist in traditional systems. Financial, social and technological sectors have all been affected by the implementation of blockchain technologies into new platforms. But what does this…

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North Korea remains unsurprisingly persistent with its nuclear program in the face of new US sanctions — and one former top NSA official claims cryptocurrencies are to blame. North Korea’s Nascent Cryptocurrency Industry While the United States looks to cut off North Korea’s income and force Pyongyang to play ball in regards to its nuclear and ballistic missile programs, the dictatorial country is reportedly using Bitcoin and other cryptocurrencies to skirt economic barriers. Former top National Security Agency official Priscilla Moriuchi recently spoke to Vox about North Korea’s use of cryptocurrencies,…

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Cryptocurrency investments have attracted the attention of tax authorities in Belgium. Several investigations have been opened into cases of Belgian citizens who have traded on foreign exchanges. Anyone speculating on crypto markets is expected to pay 33% tax on their gains, despite the fact that bitcoin and the like are not regulated or legalized in the country.   Also read: Germany Treads Lightly on Bitcoin Taxation Three Cases Under Investigation The Special Tax Inspectorate (STI) is currently studying at least three different cases of Belgian investments in cryptocurrencies. A fourth…

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