The Portuguese Tax and Customs Authority clarified that there is no income tax on Bitcoin and cryptocurrency in the country. Portugal’s Tax Authority has clarified that both cryptocurrency trading and payments in crypto will not be taxed in the country, Cointelegraph Spain reported on Aug. 27. According to a report published on Aug. 26 by […]
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Downward pressure continues for Bitcoin price as markets shed 8% ahead of futures settlement deadline. Bitcoin (BTC) price fell below $9,500 on Aug. 29 as the largest cryptocurrency’s sudden bearish move continued to bite. Market visualization. Source: Coin360 Bitcoin price must finish week above $9,533 Data from Coin360 painted a gloomy picture for day traders […]
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China’s central bank has refuted recent reports of its plans to launch a state-backed cryptocurrency in the coming months, state-owned media claims. The Global Times claims that China’s central bank has refuted recent reports of its plans to launch a state-backed cryptocurrency this November. The Global Times is China’s national English language tabloid, under the […]
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The suspect behind the massive Capital One data breach also allegedly hacked cloud customers’ servers to mine cryptocurrency for herself. The individual accused of perpetrating a massive-scale hack of credit card issuer Capital One also allegedly hacked cloud customers’ servers to mine cryptocurrency for herself. Court filings published on Aug. 28 reveal that Paige A. […]
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Investing in gold instead of Bitcoin has left Schiff sour, says a well-known Twitter user, as Bitcoin price plunges 7%. Bitcoin (BTC) has shown it is not a safe haven asset, gold bug Peter Schiff has said after the largest cryptocurrency dropped 7% in daily trading. In a tweet on Aug. 28, Schiff, who has […]
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Speaking to mainstream media, the Galaxy Digital founder appeared not at all concerned about Bitcoin price again falling below $10K. Bitcoin (BTC) price may have fallen below $10,000 again but that is no reason to doubt the 2019 bull market, industry investor Mike Novogratz has said. Novogratz: Bitcoin “has had a huge run” Speaking on […]
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Skeptics, speculators and theories run high as one of crypto community’s biggest Twitter account @Bitcoin switches allegiance from supporting BCH to BTC. On Aug. 19, the standoff between Bitcoin Cash (BCH) and Bitcoin (BTC) took a new twist, as one of the industry’s most controversial Twitter accounts — with nearly a million followers — changed […]
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A fintech company based out of Dubai has entered into a strategic partnership with R3, as it develops a Corda-based platform for Islamic securities. Dubai-based fintech company Wethaq has entered into a strategic partnership with enterprise software firm R3, in order to create a platform for issuing and trading sukuk securities based on R3’s Corda […]
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Cryptocurrency trading platform Coinbase has come out with a new report on blockchain in education, indicating growing interest at top universities. New research by major cryptocurrency trading platform Coinbase shows that 56% of the top 50 universities in the world offer one or more classes on cryptocurrency or blockchain tech. Metrics indicate growing interest Coinbase […]
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French police have located the server of a massive botnet, which had previously been utilized by hackers for XRM cryptojacking. French police have shut down a massive botnet that has been used for Monero (XMR) cryptojacking. Cryptojacking backed by “massive firepower” BBC News reported the development on Aug. 27. According to the police, the botnet […]
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