The Role of Bitcoin in Crime: Tax Evasion

Highlighting the role of cryptocurrency in the crime world is not exactly difficult. There have been so many allegations regarding the involvement of digital currencies where criminal activity is concerned. Tax evasion is of particular concern to government officials. The bigger question is whether people are doing this intentionally or if the guidelines are simply […]

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Bitcoin Price Watch: Currency Sits at $7,600

At press time, nothing has changed regarding the bitcoin price. The father of cryptocurrencies is sitting at $6,700 – a price it has held for roughly 24 hours, and recovery doesn’t appear imminent anytime soon. The mega-drop that hit the asset during yesterday’s morning hours stem from two likely sources. The first is the hack […]

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Large Passenger Bus Companies in Brazil Start Accepting Three Cryptocurrencies

Large Passenger Bus Companies in Brazil Accept Three CryptocurrenciesTwo major passenger bus companies in Brazil have started accepting cryptocurrency payments for ticket sales. The companies say they are the first in the sector to accept crypto payments in the country. One of them has more than 800 buses; the other claims to have the newest and most modern fleet in Brazil. Also read: Yahoo! […]

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Bitcoin Price Fell 11% in 24 Hours: What Triggered the Fall and What Lies Ahead?

Many analysts and mainstream media outlets including Bloomberg and WSJ have attributed the recent decline in the bitcoin price from $7,500 to $6,700 to the hacking attack suffered by Coinrail, a minor cryptocurrency exchange in South Korea. However, the reasoning behind the attribution of the latest correction to Coinrail is incorrect, given that Coinrail is […]

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More Japanese Public Companies Entering the Crypto Space

More Japanese Public Companies Entering the Crypto SpaceFollowing reports of six publicly listed companies launching their own cryptocurrency exchanges in Japan, three other firms listed on the Tokyo Stock Exchange have announced plans to enter the space with various crypto offerings. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Publicly traded companies in Japan are increasingly seeking to enter the crypto […]

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Russian Court and Customs Prevent Import of Crypto Mining Equipment

Russian Court and Customs Prevent Import of Mining EquipmentA Russian cryptocurrency miner got into trouble with the customs office when trying to import mining equipment purchased online for personal use. After an appeal, the court sided with the customs office and barred the import of the mining equipment. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Importing Crypto Mining Equipment The Russian […]

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