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Japanese Police Reveal 669 Money Laundering Cases Tied to Local Exchanges

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Just recently Japanese investigators revealed they had obtained 669 reports concerning “suspected money laundering” tied to cryptocurrency transactions and domestic digital currency trading platforms. The linked data was derived from investigations spurred by the recent transaction reporting statutes licensed exchanges are required to follow. Also read: Bitcoin Is Finding Its Way into High Schools Japanese Police … Read more

Gifting Bitcoin Is One Way a Person Can Avoid Paying Crypto-Taxes

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After the newly written U.S. tax laws recently passed, cryptocurrency investors realized the tax-free exemption filing 1031 for IRS reporting is no longer applicable to their digital asset investments. The law also implies that a lot of people will have to pay taxes on every single transaction they processed throughout the past twelve months. However, … Read more

Bitcoin Is Finding Its Way into High Schools

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Over the past few years, colleges and universities all over the world have been creating courses revolving around cryptocurrencies and blockchain technology. Now the subject is slowly infecting the halls of high school students who want to learn about these emerging technologies. Because of the increased student interest, this week a Business and Personal Finance … Read more

Oregon’s Cheap Hydropower Attracts a Swarm of Bitcoin Miners

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Over the past few months, quite a few bitcoin miners have been flocking to regions in North America in places such as Vancouver, and multiple states in the U.S. throughout the Midwest. Now, according to the state of Oregon’s regional press, miners are starting operations in the area because of concentrations of cheap hydropower. Also … Read more

PR: US Fintech Expert From Prudential Financial Launches Cryptocurrency – Backed Lending Startup Money Token

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Alex Rass, blockchain expert and enthusiast with a history of Fintech experience gained at Prudential Financial, Bloomberg and Goldman Sachs has launched a blockchain based financial services ecosystem called MoneyToken. MoneyToken focused on cryptocurrency-backed lending, stablecoins development and crypto assets leveraging. Its innovative economic model allows you to hold onto your cryptocurrency assets and spend … Read more

California Bill Aims to Recognize Blockchain Records

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The state of California has introduced a new bill that aims to recognize blockchain transactions, digital signatures, and smart contracts as a legal form of record. Assemblyman Ian Calderon introduced Assembly Bill 2658 on February 20 in order to re-define laws that apply to electronic records that take place within the state.   Also read: Indians … Read more

Markets Update: BTC Prices Dip Below $10K

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BTC prices and a vast majority of other cryptocurrencies have taken a significant dive over the past 24-hours as the entire crypto-economy shaved $75Bn from its recent highs this week. BTC/USD markets dropped to a low of $9,730. Also Read: China Censors Cryptocurrency Ads on Search Engines and Social Media Crypto-Markets See Losses Between 3-20 Percent … Read more

DigixDAO Surges Amid Sea of Red

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After a general upwards trend from Bitcoin following its February 6 low of US$6,000, today marks the first major downtrend from the cryptocurrency. After nearing $12,000, the coin has dropped significantly, and is currently trading close to $10,700. As is usually the case, the significant drop has caused widespread losses among a majority of altcoins. Of … Read more

PR: Bitcoin Holders, Please Claim Your BCP and BCPC, as They Will Be on Exchanges Soon

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The mainchain energy coin BCP and the sidechain clearance coin BCPC belongs to Bitcoin’s Parallel Ecosystem. All Bitcoin holders of BTC chain at the block height 507,000 on January 30th 2018 have the privilege to claim their BCP and BCPC coins for free from February 12th 2018. The claiming rate started from 1 BCP and … Read more

Smartbtc Sees the Need for Centralized Python-Based Smart Contracts

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Just recently the startup Smartbtc announced the execution of a bitcoin-based smart contract written in the Python codebase. The team intended to grow their Twitter following by creating a contract that paid 0.011 BTC after it accrued 1,000 followers in sixty days. After the goal was met, Smartbtc’s Python contract executed on February 19. Also … Read more