PR: Universa Blockchain Project Ceo Alexander Borodich and Yellowrockets Are Launching the World's First Decentralized Blockchain Accelerator - Bitcoin News 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. The founder of Universa Platform Alexander Borodich has announced the start of recruitment for the Universa first blockchain accelerator. YellowRockets team will be responsible for organizing and managing the accelerator, which will be a meeting point for startups that use blockchain technology in their projects, and blockchai...
South Korea Prepares to Tax Bitcoin Use - Bitcoin News Regulation South Korea is preparing to tax bitcoin use after the cryptocurrency’s trading volume skyrocketed past that of Kosdaq. Han Seung-hee, the commissioner of the country’s National Tax Service, told lawmakers this weekend that the issue of how to best tax cryptocurrencies is being discussed, including the areas of capital gains tax, the VAT, and gift tax. Also read: South Korea Bans All Initial Coin Offerings Korea To Tax Bitcoin Use NTS Commissioner Han Seung-hee. South Korea’s lawmakers held a National Tax Service (NTS) hearing in Sejong on October 13. The NTS Commissioner Han Seung-hee answered questions about the taxation of cryptocurrencies, particularly about bitcoin. He was asked, “as the daily transaction val
BREAKING: Russia Issuing ‘CryptoRuble’ Russian President Vladimir Putin has officially stated that Russia will issue its own ‘CryptoRuble’ at a closed door meeting in Moscow, according to local news sources. The news broke through Minister of Communications Nikolay Nikiforov. According to the official, the state issued cryptocurrency cannot be mined and will be issued and controlled and maintained only by the authorities. The CryptoRubles can be exchanged for regular Rubles at any time, though if the holder is unable to explain where the CryptoRubles came from, a 13 percent tax will be levied. The same tax will be applied to any earned difference between the price of the purchase of the token and the price of the sale. Nikiforov said: “I confidently declare that we run CryptoRuble
Bitcoin Market Capitalization Approached $100 Billion USD Markets and Prices The total market capitalization of bitcoin is approaching $100 billion USD, currently sitting at approximately $94 billion USD. The current market capitalization is comparable to that of numerous top 100 global companies. Also Read: Markets Update: Bitcoin’s Price Peaks Past $5800 Across Global Exchanges Bitcoin’s Market Capitalization Has Begun to Test the $100 Billion USD Area The market capitalization of bitcoin is currently sitting at approximately $94 billion USD after setting a new all-time high of over $92 billion USD earlier this week. Bitcoin’s market capitalization has so far made gains of over 600% during 2017, after starting the year at approximately $15.6 billion USD. If compared with the
Bitcoin Anarchist Amir Taaki Leaves England Boyish, Returns From Syria Hardened - Bitcoin News Op-Ed Famed bitcoin gadfly and early adopter, cryptoanarchist Amir Taaki, ghosted for long enough to generate theories galore. Resurfacing, it turns out he was in a tucked-away part of northern Syria. He speaks with news.Bitcoin.com about his transformation as a result. Also read: Bitcoin Drives Revolution and ‘Startup Government’ for Syrian Kurds Syria Births a New Man [embedded content] An exclusive screener provided to news.Bitcoin.com of The New Radical, a documentary by Adam Bhala Lough set for wider release in December, is mostly about the trials and tribulations of Defense Distributed’s Cody Wilson, and it’s well-worth the shekels to watch. It’s found media, exclusive intervie
Ethereum Hard Fork Happening Now - User Advice The first half of the Ethereum Metropolis hard fork, nicknamed Byzantium, is happening on Monday at some point between 12:00 and 13:00 UTC. The fork is scheduled to take place at block number 4,370,000. For those interested in watching the fork take place live, a countdown clock can be found here. Updates galore The much anticipated hard fork contains a number of updates to the Ethereum chain including an addition of ‘REVERT’ opcode, which permits error handling without consuming all gas, support for big integer modular exponentiation, support for variable length return values, and changes to the difficulty adjustment formula to take uncles into account. However, perhaps the most discussed upgrades include the successful addition of ful
Julian Assange Thanks U.S. Government for 50,000% Gains on Wikileaks' Bitcoin Holdings News The founder of Wikileaks, Julian Assange, has posted a tweet thanking United States government officials and the financial institutions that refused services to Wikileaks for driving them to invest in bitcoin during 2010. Assange’s tweet indicates that Wikileaks’ bitcoin holdings have seen gains of over 50,000%. Also Read: Your Bitcoins Open to CIA and Criminals, Heed Wikileaks’ Warning Julian Assange Has Thanked the U.S. Government for Forcing Wikileaks to Invest in Bitcoin During 2010 On the 14th of October, Julian Assange expressed his “deepest thanks to the US government, Senator McCain and Senator Lieberman for pushing Visa, MasterCard, PayPal, AmEx, Moneybookers, et al, into erect
Can QUOINE Provide the Missing Link in the Crypto Economy? Social media is erupting with stories of cryptocurrency traders paying insanely wide spreads on cryptocurrency exchanges. In one exchange, Lee, a new Bitcoin trader, laments losing 35 percent of his funds on one Euro-to-Bitcoin trade, after being lured by promises of no fees and a free debit card to a new exchange. Speculators who dominate the cryptocurrency market thrive on the attractive arbitrage opportunities in the high volatility crypto markets. Commercial hedgers, however, who cover currency exposure as part of their risk management strategy will avoid the present wild ride. The cryptocurrency market, like any developing trading exchange, suffers from low liquidity. Low liquidity not only increases opportunities for m...
One Woman Surviving Solely on Bitcoin Attempts a Trek from Toronto to Las Vegas - Bitcoin News Fintech Satoshi Nakamoto is reported to have insisted acceptance of his invention hinged upon its use as a currency, a functioning instrument of daily trade. To this end, more advocates are taking to public competitions to spread the message of cryptocurrency power. Bitcoin 20/20 With the world’s most popular cryptocurrency approaching 6000 USD in price, and its market capitalization surpassing that of one hundred and fifty year old legacy banks such as Goldman Sachs, it does appear bitcoin has won hearts as an asset class and speculative investment. But if mainstream media accounts are to be believed, it’s mainly a bunch of crazy geeks hoarding tulips. For years now, however, peop
Sellers of a Notting Hill Mansion in West London Only Accept Bitcoin as Payment Property investment firm London Wall is selling its six-story stucco-fronted mansion near Portobello Road in Notting Hill, London, England for £17 million. The catch is that the company’s owners will only accept the digital currency Bitcoin as a form of payment, The Standard reports: According to London Wall co-founder Lev Loginov, their aim in accepting only Bitcoin as payment is to pioneer Bitcoin transactions in Great Britain. “We want to shift all the perceptions on cryptocurrency. We think in future it is going to eliminate the need for solicitors and property title and is really going to change how real estate transactions are conducted. We would like to be the first company to transact in Bitcoin