XRP Price: Sudden Positive Momentum Takes Speculators by Surprise

Even though the current cryptocurrency momentum looks anything but promising, there are always some exceptions to take to look into. The XRP price is gaining a lot of value in fairly quick succession right now, whereas Bitcoin is losing a lot of ground in quick succession. Another remarkable turnaround is on the horizon, by the […]

Go to Source

Powered by WPeMatico

South Korea Plans to End Major Tax Benefits for Bitcoin Exchanges

South Korea Plans to End Major Tax Benefits for Bitcoin ExchangesThe South Korean government has announced a new set of tax law amendments. Under this proposal, bitcoin exchanges will no longer be eligible for income and corporate tax deductions currently enjoyed by small and medium-sized businesses. The regulators have also been considering imposing capital gains tax on the sale of cryptocurrencies. Also read: Yahoo! Japan Confirms […]

The post South Korea Plans to End Major Tax Benefits for Bitcoin Exchanges appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Check Which Coins You Can Spend With Debit Cards and Why This New Project Chooses BCH

Check Which Coins You Can Spend With Debit Cards and Why a New Project Chooses BCHRecently, we covered some of the most popular debit cards used for crypto payments and we’d like to tell you more about the cryptocurrencies they support. Most of these cards are issued by well-known names in the space, but a new project is now offering you fast and cheap transactions with BCH – a feature […]

The post Check Which Coins You Can Spend With Debit Cards and Why This New Project Chooses BCH appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Markets Update: Cryptocurrency Price Trends Turn from Bullish to Bearish

Markets Update: Cryptocurrency Price Trends Turn from Bullish to BearishOn Tuesday, July 31 a great majority of cryptocurrency prices dropped in value with many coins losing anywhere between 3-10 percent during the last 24-hours. Currently, with the sudden cryptocurrency market turbulence, bears have taken control of the exhausted bulls. In one intra-day of trading, the entire cryptocurrency market capitalization of all 1,600+ coins ($270Bn […]

The post Markets Update: Cryptocurrency Price Trends Turn from Bullish to Bearish appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Security Researchers Attack McAfee-Backed Wallet for “Unhackable” Claims

Security Researchers Attack McAfee-Backed Wallet for “Unhackable” ClaimsWith the vast amounts of money going around, it’s no surprise that the greater Bitcoin ecosystem is rife with scams, hacks and cyber attacks of all kinds. Operating in such an environment, cautious users are always mindful of their security and learn to avoid outrageous claims that are sometimes nothing more than just that. A […]

The post Security Researchers Attack McAfee-Backed Wallet for “Unhackable” Claims appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Blockstream Buys Mining Equipment From Chinese Manufacturer Innosilicon

Blockstream Buys Mining Equipment From Chinese Manufacturer InnosiliconBlockstream, one of the largest Bitcoin Core funding contributors, has evidently bought a lot of cryptocurrency mining equipment from the Chinese electronics hardware manufacturer Innosilicon. Does this mean that the company is setting up its own mining center? Also Read: Thomson Reuters Eikon to Display Data on 50 Cryptocurrencies From Cryptocompare Blockstream Buys Mining Equipment […]

The post Blockstream Buys Mining Equipment From Chinese Manufacturer Innosilicon appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Student Faces Charges for Stealing $5 Million in Crypto via “SIM Jacking”

Student Faces Charges for Stealing $5 Million in Crypto via "SIM Jacking"Motherboard has reportedly obtained court documents pertaining to the arrest of Joel Ortiz, a 20-year-old from Boston, who is accused of stealing $5 million USD in bitcoin and other cryptocurrencies. Mr. Ortiz and his currently unidentified accomplices stole crypto from roughly 40 victims through a hacking technique known as “SIM jacking.” Also Read: Archaeologists Argue Micronesian […]

The post Student Faces Charges for Stealing $5 Million in Crypto via “SIM Jacking” appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico