Bitcoin in Brief Friday: Luxury Jets, Cheap Air Tickets Now Offered for Bitcoin Cash

Bitcoin in Brief today features a couple of announcements adding to the growing number of bitcoin cash adoptions. A luxury cryptocurrency concierge now accepts BCH for the items it offers to the crypto rich – a logical step, according to its founder. An online travel agency is introducing three new coins to its payment options, … Read more

Czech Utility Company Introduces Crypto Payments

One of the largest energy suppliers in the Czech Republic has recently announced plans to start accepting cryptocurrency from its customers. The bitcoin payment option should be available as early as next month, its management said. The company is about to join a growing number of Czech businesses processing crypto payments by introducing them to … Read more

Date Set: Japan’s Internet Giant GMO Will Launch 7nm Bitcoin Miner on June 6

Japan’s GMO Internet announced that it will unveil its flagship bitcoin mining machine, called GMO miner B2, equipped with the 7nm chips on June 6. Interested customers can register now for the upcoming information session. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Launching on June 6 The wait for 7nm bitcoin mining products … Read more

Police Officers in Ukraine Caught Secretly Mining Crypto at Work for Four Months

Employees of a regional police department in Ukraine were recently caught mining cryptocurrencies using the department’s resources, according to the court document. They had been mining for four months before they got caught and their mining farm seized. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Police Mining Farm Discovered Employees of the National … Read more

Zimbabwe High Court Reverses Central Bank’s Cryptocurrency Ban

Just recently news.Bitcoin.com reported on the Zimbabwe-based exchange Golix filing a lawsuit over the recent Reserve Bank of Zimbabwe (RBZ) ‘cryptocurrency ban’ that was issued in a financial guidance circular earlier this month. Now, according to numerous regional reports, the Zimbabwe High Court has ruled in favor of the trading platform’s argument because the RBZ … Read more

Ireland Clarifies Taxation of Crypto Transactions

The Irish revenue service has published a manual with guidelines aimed at eliminating the uncertainty surrounding the taxation of crypto transactions. Investors and traders of digital coins, businesses working with cryptocurrency and tax advisors, of course, can now find answers to many but not all of their questions. The notice has been issued at a … Read more

Bitcoin Price Watch: Currency Stumbles to $7,500

At press time, bitcoin is trading for about $7,500. This is approximately $100 less than where it stood 24 hours ago. While nothing huge, it’s a clear sign that the bears still have their hands on the reins, and it’s unclear when – or even if – the current trends can reverse themselves. The manipulation … Read more

Argentina’s Banco Masventas Uses Bitcoin to Settle Cross-Border Transactions

Most cryptocurrency enthusiasts have shown an interest in this form of money because of its global appeal. It is the only form of money which can reliably be sent across the world without having to deal with currency conversions or country borders. Argentina’s Banco Masventas has acknowledged this, as the institution now relies on Bitcoin to settle cross-border transactions. Bitcoin … Read more

Coinbase Acquires Decentralized ERC-20 Trading Platform Paradex

On Wednesday, May 23 the San Francisco based exchange Coinbase announced the acquisition of a decentralized digital token relay-trading platform called Paradex. Alongside adding the decentralized exchange (Dex), the firm has also revealed it is retiring the name GDAX and that platform will soon be known as ‘Coinbase Pro.’ Also Read: Markets Update: Stormy Weather Continues … Read more