U.S. Citizens Can Now Accept Their Federal or State Tax Refund in Bitcoin

<br /><br /> <br /><br /> Federal tax season just passed in the United States, but if you’re one to leave responsibility to the wayside and had to apply for an extension, that might just pay off.It’ll give you the opportunity to become one of the inaugural users of a new joint-endeavor by crypto payment processor BitPay and tax services company Refundo. The new program called...

“Holders Are Not at Risk”: Bitfinex Lawyer Responds to NY Attorney General

<br /><br /> <br /><br /> Bitfinex and Tether’s legal counsel has written a response to the New York Attorney General’s (NYAG) ex parte order, which claims that Bitifinex used Tether’s reserves to cover some $850 million in losses.In short, the affidavit writes off the NYAG’s concerns, calling them baseless and requesting an Order to Show Cause that would require the NYAG to...

Bitcoin Price Analysis: Short Squeeze Imminent as Bearish Pressure Weakens

<br /><br /> <br /><br /> <br /> <br /><br />Summary:Following unconfirmed claims by the NYC Attorney General regarding Bitfinex and Tether’s insolvency, the bitcoin market had a knee jerk reaction that caused us to retest macro support. However, this pullback barely made a scratch on the market structure as we didn’t manage to break our trend of higher lows.The...

Mike Novogratz Toughs Out Crypto Winter with ‘Spring Just About Here’

CEO of the cryptocurrency merchant bank, Galaxy Digital, Mike Novogratz has recently talked about his 2018 losses which forced him to close his Vancouver office. With losses reaching USD 273 million he has declared the sold called Crypto Winter as finally drawing to a close, comparing aspects of it...

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More Than 1 in 10 Americans Own Bitcoin

Venture capital company Blockchain Capital has just released the results of its latest study, which now shows that more than 1 in 10 Americans currently own Bitcoin. It calls Bitcoin the “Demographic mega-trend”. Specifically, 11% of the population surveyed owned Bitcoin, including 20% of those aged...

ELLIPAL Hardware Wallet Launches New Service Supporting Binance Chain Mainnet

30th April 2019, Hong Kong, China- Game-changing Cryptocurrency hardware wallet ELLIPAL has completed all testing and prep to launch a new version that supports the Binance Chain mainnet and its native BNB coin. The new service will be fully operational from April 30. Once the BNB tokens have been...

Australian Taxation Office to Tighten Tracking of Crypto Ownership

The Australian Taxation Office (ATO) is stepping its up its database in order to monitor if the correct taxation is being gathered from cryptocurrency holders across the country. Part of the move will involve collecting information from Australian cryptocurrency designated service providers (DSPs)...

“Publicly Traded Crypto Exchange” Bitcoin Generation Hit by SEC Sanctions

<br /><br /> <br /><br /> An official announcement published on April 29, 2019, has revealed that the United States Securities and Exchange Commission (SEC) has temporarily suspended the trading of shares in Bitcoin Generation (BTGN), a blockchain-based company out of Oklahoma.The company also operates a crypto exchange platform that supports popular cryptocurrencies, and it...

Jaguar Land Rover and IOTA Hook Up for Crypto Rewards Scheme

Prestigious Jaguar Land Rover has announced that it is currently testing software which will enable drivers of its vehicles to earn IOTA coins as a reward for sharing driving data. The company is not only Britain’s largest but one of its last auto manufacturers, as many UK companies have been taken...

Fintech Firms Partner to Fund HIV Programs in Africa, Support UN SDG

Two fintech firms have joined up to reduce the debilitating presence of HIV in Africa, with blockchain healthcare company Kinect and mobile gaming and lottery tech firm Kamari, hoping to fund new HIV testing programs. While both companies have been focused on African development, they have now officially...

Report: Australians Lost Over $4 Million to Crypto Scams in 2018

<br /><br /> <br /><br /> The latest edition of “Targeting scams,” an annual report released by the Australian Competition and Consumer Commission (ACCC) revealed that the country saw a 190 percent increase in cryptocurrency scams, with a total of $6.1 million AUD ($4.3 million USD) lost to crypto criminals.This marks a substantial rise from the $2.1 million AUD ($1.48 million)...

Debunking Bitcoin Myths: "It’s Only for Criminals"

<br /><br /> <br /><br /> A series of op eds by Kyle Torpey addressing some of the oft-repeated arguments against BitcoinBitcoin’s core value proposition is that it is an uncontrolled, apolitical money. To some people, this means Bitcoin is only useful to people who want to get around various regulations imposed on the world’s financial systems and society more generally.And...

Anonymous Bitcoin Whale Injects $1 Million into Blockchain Fund

Blockchain investment fund Roobee has reportedly received an injection of USD 1 million in Bitcoin from an anonymous investor. The investor left Roobee a cryptic message: “In Roobee I Trust”. What makes things stranger is that this is the second time it has received such an unexpected windfall from...