This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Fysical, a decentralized location data market, used location data from its 1,000 data suppliers to prove that racially diverse crypto crowds are also the wealthiest. It analyzed millions of anonymous location data points from the attendees of six major cryptocurrency and blockchain conferences to create…
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Ripple and Western Union Testing XRP Transfers
San Francisco-based Ripple has not had the best of starts to 2018. Its cryptocurrency, XRP, has been on a downward slide since the first week of January and has lost almost 70% of its value. However, things could be about to turn around for the company as Western Union is now test driving its transfer technology. The list of banks and financial institutions that are using and testing Ripple’s products is growing by the week. Fortune has reported that global payments giant Western Union can be added to that list…
Read MoreIRS Stymied Over American Cryptocurrency Traders’ Reluctance to Report Earnings
As cryptocurrency investors continue to see gains, it appears they’re also continuing to stay quiet about their earnings to avoid taxation from the IRS. Where are the American Crypto Taxpayers? With roughly a month and a half left until the April 17th tax filing deadline, the IRS has reportedly only received 18.3 million individual tax returns so far, 13% of the total expected. Although it is still early in the tax season, it appears as though American taxpayers are loath to report their gains and losses this year and the IRS…
Read MoreFX Aggregator B2Broker Launches Cryptocurrency Payment Gateway for Merchants
More retail forex brokers around the world can now offer their clients the option to fund their trading accounts with cryptocurrency. A tech provider from the FX industry, B2Broker, has created a simple platform for the online businesses to roll out. Also Read: Independent Ratings Agency Alerts Investors About Dangers of Tether B2Broker Cryptocurrency Payment Gateway B2Broker, an aggregator and provider of turnkey, cloud, and liquidity solutions for the foreign exchange (FX) industry, has launched a new cryptocurrency payment gateway. The system is fully automated for both deposits and withdrawals…
Read MoreToken Holders Don’t Give a Damn About Voting Rights and Community Governance
You’ve probably heard of The DAO and you’ve certainly heard of the ICO. Now say hello to the DAICO, an “innovative fundraising model” that aims to combine the best of both frameworks. The Abyss Platform is the first project to utilize this hybrid organizational structure, which has been credited as the brainchild of Vitalik Buterin. There’s just one problem with The DAO, the ICO and the mutant DAICO it’s spawned – the public couldn’t give a damn about key tenets such as voting rights and community governance. All they want…
Read MoreThe Other Way to Get Rich with Bitcoin
Looking for a job? Better yet, looking for a job that could actually make you rich in the future? Well, Bitcoin just became the fastest growing skill for freelancers in the world. Bitcoin Skills? Did everybody else arrive at the bitcoin party that much earlier than you? Does your trading strategy feel like a scientific proof of Murphy’s law? Perhaps you still haven’t bought your first Lambo? Well don’t worry, I have a tip for you: Education, Education, Education. Bitcoin just became the fastest growing skill for freelancers. I know……
Read MorePR: Virtual Network PodOne’s ICO Bonus Round Ends in Less Than 24 Hours
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. PodOne is a virtual network of on-demand contact center professionals that exists for the sole purposes of reducing labor costs and optimizing staff time, providing self-employment opportunities to individuals world-wide, and increasing the quality of service provided to customers in a call/contact center environment. The…
Read MoreJapanese Crypto Investors Flee Capital Gains Taxation of up to 55%
Reports have indicated that some investors are relocating in search of alternative taxation regimes in order to avoid heavy capital gains taxes. Japan currently taxes capital gains on profits derived through virtual currency trading at between 15% and 55%. Also Read: India’s Tax Department Issues Notices to 100,000 Crypto Investors Japanese Crypto Traders Prepare for Tax Season Japan’s cryptocurrency traders are bracing for the oncoming Japanese tax season, which runs from February 16th until March 15. In Japan, all cryptocurrency earnings are required to be reported as ‘miscellaneous income’, incurring capital…
Read MoreBitcoin Scam Artist Who Conned $545K Arrested in UAE
A Bitcoin scam artist in the United Arab Emirates who fleeced a victim of $545,000 was arrested, and the stolen money was actually recovered. It seems that some new Bitcoin scam comes along every week. One recent example is of a person claiming to be a crypto celebrity who will send you double the cryptocurrency you’ll send to their wallet. Another is a straight theft of fiat that’s to be used to purchase cryptocurrency. It’s this latter case that we saw happen once again, this time in the United Arab…
Read MoreKorean Government Answers Petition Against Unfair Cryptocurrency Regulations
The South Korean government has officially responded to the popular petition, with over 20,000 signers, against unfair cryptocurrency regulations. The regulators defended their crypto measures and outlined additional regulatory plans. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Popular Petition Answered South Korea has answered the petition entitled “Has the government ever dreamed a happy dream for the people?” Filed on December 28, the one-month petition asks the government to avoid excessive regulations for cryptocurrencies in the country and “not make unfair regulations on virtual currency investment.” According…
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