Cryptocurrency holders in the U.K. can now consult with official guidance on what tax they should be paying on their assets. The United Kingdom tax collection service published its first detailed tax legislation for private cryptocurrency holders Dec. 19 following a lengthy consultation period. Its new policy paper, “Cryptoassets for Individuals,” sets out likely tax […]
Continue Reading
The Irish High Court has ruled that a convicted man’s crypto, which was discovered after the initial investigation and sentencing, could be confiscated as “proceeds of a crime.” Ireland’s High Court has ruled that 25,000 euro in cryptocurrency held by a man in prison is considered “the proceeds of a crime,” the Irish Times reported […]
Continue Reading
A purported Bitcoin millionaire has reportedly been arrested in Hong Kong for having made it “rain cash” in one of the poorest parts of the city. A supposed Bitcoin (BTC) millionaire has been arrested in Hong Kong after “making it rain cash” on the streets, local English-language news outlet the Shanghaiist reported on Dec. 17. […]
Continue Reading
Digital Asset’s Blythe Masters has stepped down as CEO of Digital Assets for personal reasons. Blythe Masters, the CEO of Digital Asset, a tech company that builds products on distributed ledger technology (DLT), has stepped down, according to an announcement published Dec. 18. Per the announcement, Masters has requested to leave for personal reasons after […]
Continue Reading
One year after Bitcoin broke crypto industry records to hit $20,000, Blockchain Capital’s Spencer Bogart says today’s bearish market represents “a fantastic buying opportunity.” One year after Bitcoin (BTC) broke crypto industry records to hit $20,000, a partner at venture capital firm Blockchain Capital says that today’s bearish market represents “a fantastic buying opportunity.” Spencer […]
Continue Reading
sponsored A blockchain network released Core V2, the second version of its system. Blockchain network ARK has released Core V2, the second version of its core system. “ARK was forked seamlessly in the background and the code is now fresh,” the startup says. The company emphasizes that ARK has become “the first and the only” […]
Continue Reading
U.S.-based crypto exchange Coinbase has launched direct crypto conversions on its retail trading platform. San Francisco-based cryptocurrency exchange and wallet service Coinbase has launched its new “Convert” service, according to an official statement on Dec. 17. Per the statement, customers will initially be able to convert between Bitcoin (BTC), Ethereum (ETH), Ethereum Classic (ETC), Litecoin […]
Continue Reading
ICOs have been transacting Ethereum (ETH) at breakneck speed, with over 400,000 ETH moving out of wallets in the past 30 days. Initial coin offerings (ICO) have been transacting Ethereum (ETH) at breakneck speed, with over 400,000 ETH moving out of wallets in the past 30 days alone, according to data from crypto assets data […]
Continue Reading
The number of unique ETH addresses has broken 50 million, but active wallets now number around 330,000. The number of unique Ethereum (ETH) wallet addresses has broken 50 million on Saturday, Dec. 15, according to data from the ETH BlockExplorer Etherscan. Number of unique Ethereum addresses on Dec. 15, 2018. Source: Etherscan.io On Saturday, the […]
Continue Reading
The CEO of Mt. Gox is facing ten-years in Japan for embezzlement charges, and ASIC mining rigs are struggling to make a profit. Top Stories This Week CEO of Defunct Mt. Gox Exchanges Faces Ten Year Jail Sentence Over Embezzlement Mark Karpeles, the former CEO of now-defunct Japanese Bitcoin exchange Mt. Gox, could be facing […]
Continue Reading