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World’s Biggest Banks Helped Clients Steal $63 Billion in Taxes in Europe

World's Biggest Banks Help Clients Steal $63 Billion in Taxes in EuropeEurope’s top banks allegedly helped wealthy clients across the continent steal 55 billion euros ($63 billion) from multiple governments by making tax reclaims to which they were not entitled, an investigation has revealed. The theft centred around a complex scheme of trading stocks that also involved hedge funds and large international commercial law firms. Also […]

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October 21, 2018 0

$50 Million Bitcoin Mining Farm Opens in Armenia

$50 Million Bitcoin Mining Farm Opened in ArmeniaA new cryptocurrency mining facility opened in Armenia on Oct. 18. The $50 million farm will extract bitcoin and ethereum using 3,000 machines, according to local media reports. Around 120,000 more miners are to be added in the months to come. Also read: Marks Jewelers Now Accepts Bitcoin Cash For Payments Multi Group and Omnia Establish […]

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October 20, 2018 0

Bitcoin Cash Merchant Directory Marco Coino Surpasses 500 Listings

Over the last year bitcoin cash adoption has been thriving and in certain regions, BCH merchants are spreading like wildfire. Thanks to a slew of cryptocurrency payment processors and people pressing for adoption there are thousands of BCH accepting merchants these days. One application called Marco Coino helps bitcoiners find BCH brick-and-mortar retailers on a […]

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October 20, 2018 0

10 Days That Shook the World of Bitcoin

10 Days That Shocked the World of BitcoinWhen Bitcoin’s history is written, the following events will command a chapter apiece. Bitcoin is a creeping revolution that does not lend itself to listicles, and thus any such attempt is destined to fall short. What follows, therefore, is a potted history of a transformative technology whose greatest moments have yet to come. In chronological […]

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October 19, 2018 0

US Marshals Service Announces Auction of 660 BTC

US Marshals Service Announces Upcoming Auction of 660 BTCThe United States Marshals Service (USMS) has announced an auction of 660 BTC that is scheduled to take place on Nov. 4. Under the auction rules, interested participants must formally identify themselves to the USMS and submit deposits of $200,000. Also Read: Trump Tariffs to Impact Chinese Mining Hardware Manufacturers USMS to Auction Forfeited BTC in […]

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October 19, 2018 0

Trump Tariffs to Impact Chinese Mining Hardware Manufacturers

Trump Tariffs to Impact Chinese Mining Hardware ManufacturersThe escalating U.S. – China trade war threatens to have an adverse impact on the operations of Chinese mining equipment manufacturers, with imports of mining hardware now facing stateside tariffs of more than 25 percent. Also Read: Former CFTC Chair Advocates ‘Tech Neutral’ Cryptocurrency Regulations  Harsh Hardware Duties In June, the Office of the United […]

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October 19, 2018 0

Venezuela Authorizes 6 Exchanges to Start Selling National Cryptocurrency Petro

Venezuela Authorizes 6 Exchanges to Start Selling National Cryptocurrency PetroVenezuela has authorized six cryptocurrency exchanges to start selling its national cryptocurrency, the petro, according to the government’s website. The petro, which recently became a Venezuelan national currency, can now be purchased at the six exchanges, local media report. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Six Websites Authorized to Sell Petro The […]

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October 18, 2018 0

Order Speed Analysis Reveals the Fastest Cryptocurrency Exchanges

Order Speed Analysis Reveals the Fastest Cryptocurrency ExchangesWhen you’re trading digital assets, speed matters — particularly so if you’re engaged in high-frequency trading, when every millisecond counts. Executing orders a fraction of a second ahead of the market can mean the difference between profit and loss. New data reveals which cryptocurrency exchanges are the fastest — and which are struggling to keep […]

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October 18, 2018 0

How Bitcoin Mining Can Help Nuclear Reactors

How Bitcoin Mining Can Help Nuclear ReactorsThe most economical, technically simple and safe way to operate nuclear power plants is to generate electricity at a constant rate and as close to full capacity as possible, according to the Nuclear Energy Agency. Bitcoin mining can help by utilizing the excess energy that reactors typically generate outside peak periods of consumption, reducing the […]

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October 17, 2018 0

19 Companies Licensed to Operate Crypto Exchanges in Philippine Economic Zone

19 Companies Licensed to Operate Crypto Exchanges in Philippines Economic ZoneNineteen firms have been granted provisional licenses to operate crypto exchanges by the Philippine government-owned Cagayan Economic Zone Authority. In addition, eight firms have paid the application fees and are being reviewed. A list of all 27 companies has been published. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals Provisional Licenses Issued […]

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October 16, 2018 0