Tag: BTC

A New Bitcoin World

Visa, Mastercard, Ebay, Stripe Join Paypal in Leaving Libra

Visa, Mastercard, Ebay, Stripe Join Paypal in Leaving LibraMost payment companies have now pulled out of Facebook’s Libra project. Visa, Mastercard, Ebay, and Stripe have followed Paypal in dropping out of the project amid regulatory concerns. The Libra Association has responded to the exodus of these companies. David Marcus, who is in charge of the project, calls it “liberating.” Also read: European Countries […]

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October 12, 2019 0

Video Shows $10M Chinese Bitcoin Mining Farm in Flames

Circulating Video Shows $10M Chinese Bitcoin Mining Farm in FlamesDuring the early morning hours of September 30, a nine-minute video circulated on Twitter showing a large bitcoin mining farm burning down. Sources say the mining farm belonged to the company Innosilicon and roughly $10 million worth of mining rigs were destroyed. Also Read: Central Banks in Panic Mode – Extreme Tactics Like Helicopter Money […]

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October 1, 2019 0

10 Tax Tools to Help Crypto Owners

10 Tax Tools to Help Crypto OwnersWhile tax laws on cryptocurrency vary by jurisdiction, there are many useful tools to help you calculate crypto taxes, lower your tax liabilities, and simplify your filing — no matter where you are. Many of them work globally, supporting tax forms of multiple countries, and can import data directly from all major crypto exchanges. Also […]

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September 18, 2019 0

European Countries Step Up Response to Facebook’s Libra

European Countries Step Up Their Responses to Facebook’s LibraThe European Central Bank (ECB) and a number of countries in the region have stepped up their efforts in response to Facebook’s Libra, which has revived a competing ECB project for instant payments. As Facebook engages Switzerland’s financial regulator, the ECB clarifies how Libra can be regulated under EU laws. Also read: India’s Popular ‘Who […]

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September 16, 2019 0

Venezuelans Fighting Economic Hardship Discover Crypto’s True Potential

Venezuelans Fighting Economic Hardships Discover Crypto's True PotentialFor quite some time now, Venezuela has been suffering from a political crisis and a collapsing economy. Venezuelans dealing with rampant inflation continue to see their purchasing power decline. After witnessing one of the worst economic disasters in modern history, 4 million citizens have emigrated to seek a better form of money, shelter, and to […]

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September 6, 2019 0

The New Bitcoin Banks Are Here

The New Bitcoin Banks Are HereA new age of banking is imminent. Legacy models will be forced to follow suit or become obsolete in the eyes of value holders worldwide, as new bitcoin and crypto services take over, seeking to implement blockchain systems with an eye on convenience and financial inclusion. Announcements of stablecoins and exchange services from giants Binance, […]

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August 23, 2019 0

Samsung Adds Bitcoin Support to Its Blockchain Keystore

Tech Giant Samsung Adds Bitcoin Support to the Blockchain KeystoreOn August 13, Samsung, the South Korean multinational conglomerate, published the company’s new Blockchain Keystore SDK for developers and the latest release supports Bitcoin Core (BTC). The version follows Samsung’s previous Keystore release which only supported ETH and the ERC20 standard. Also Read: Exploring the SLP Token Universe Built on the Bitcoin Cash Chain Samsung […]

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August 15, 2019 0

Bitcoin Cash 2-Year Anniversary: Celebrating Protocol Development and Achievements

Today Bitcoin Cash (BCH) fans from all around the world will be celebrating the 2-year anniversary of the BCH network. The day is a great occasion to commemorate the dedicated BCH software engineers and the passionate community, alongside the number of achievements accomplished since August 1, 2017. Also Read: Btc.top CEO Highlights the Benefits and […]

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August 1, 2019 0

10,000 American Cryptocurrency Owners Will Receive Warning Letters From the IRS

10,000 American Cryptocurrency Owners Will Receive Warning Letters From the IRSOn July 26, the U.S. Internal Revenue Service (IRS) announced that the tax agency has started sending letters to American cryptocurrency owners advising them to pay their taxes. According to the organization, three types of letters will be sent to more than 10,000 taxpayers by the end of August. The news follows the recent IRS […]

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July 27, 2019 0

Venezuelan Government Accused of Using Bitcoin to Bypass US Sanctions

Venezuelan Government Accused of Using Bitcoin to Bypass US SanctionsNicolás Maduro and the United Socialist Party of Venezuela have been accused of circumventing financial blockades imposed by the U.S. government. According to local reports, Maduro’s regime evades sanctions with cryptocurrency alongside an airline application called Jetman Pay. Allegedly, Jetman Pay collects airline taxes from travelers who purchase tickets from Maiquetía International Airport and the […]

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July 25, 2019 0