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  • Bitflyer Increases Bitcoin Adoption with Record Number of Users

    Japanese cryptocurrency exchange Bitflyer reported a 100% increase in the number of its users in just the past four months, as the company continues to grow crypto adoption in Japan by partnering with major stores. Bitflyer’s Customers Reach 2 Million Japan’s largest cryptocurrency exchange by volume, Bitflyer, recently announced that the number of its customers […]
  • Belarusian Ministry Of Finance Releases Cryptocurrency Accounting Framework

    Belarus has officially introduced cryptocurrency accounting standards, according to a March 6 document by the Ministry of Finance, local news outlet Jourtify reported yesterday, March 25. The document lays out the information needed about tokens for accounting purposes, as well as how to categorize tokens received by organizations (excluding the National Bank, Development Bank, non-financial […]
  • German Securities Exchange Deutsche Börse Group Partners With HQLAx

    Deutsche Börse Group, a German marketplace for securities trading, will release a Blockchain-based platform for securities lending in collaboration with HQLAx using R3’s Corda Blockchain platform, the company announced in a press release today, March 26. Finance Magnates writes that the partnership will create a “fully integrated front-to-back operating model” in order to “facilitate more […]
  • Internal Revenue Service Reminds Taxpayers To Report Cryptocurrency Gains

    Circle April 17, 2018, in your calendars – that’s the deadline to file 2017 returns and pay any taxes due to the IRS. And don’t forget about cryptocurrency gains either! The taxman cometh. On Friday, March 23, 2018, the Internal Revenue Service (IRS) issued a release to remind taxpayers that “income from virtual currency transactions […]
  • Tennessee Establishes Legal Authority Of Blockchain Technology, Smart Contracts

    On Thursday, Tennessee became the latest state to create a legal foundation for the usage of blockchain technology and “smart contracts.” On March 22, 2018, Republican governor Bill Haslam signed into law Senate Bill (SB) 1662, which amended the Tennessee Code Annotated, Title 47, Chapter 10. Effective immediately, the law created legal footing for blockchain technology […]
  • Cryptocurrency Exchanges in Chile Call Out Banks for Denying Them Services

    Two cryptocurrency exchanges from Chile have called on the country’s baking association (Asociación de Bancos e Instituciones Financieras or ABIF) to issue a clear position regarding the new industry. The companies took this step after a number of Chilean banks reportedly shut down their accounts just for dealing with cryptocurrencies. Banks Taking the Law Into […]
  • Twitter CEO: Bitcoin will be the world’s ‘single currency’ in 10 years

    Twitter and Square CEO Jack Dorsey apparently has big visions for bitcoin, commenting in arecent interview with The Times that he believes that the cryptocurrency will become the world’s single currency within 10 years. According to Dorsey, “The world ultimately will have a single currency, the internet will have a single currency. I personally believe […]
  • Coinbase Bug Allowed Users To Fund Wallets With Virtually Unlimited Ether

    Disclosed today, an exploit in Coinbase contracts allowed users to fund wallets with potentially unlimited amounts of Ether. Dutch researchers discovered the flaw, furnishing it to Coinbase in January. The Dutch firm, VI Company, was instrumental in identifying a Coinbase exploit that was – until today – largely unknown. Disclosed via the vulnerability tracking and […]
  • Hardware Wallet Demand in South Korea Grows Exponentially

    According to local reports in South Korea, demand for hardware wallets is increasing exponentially. The demand has stemmed from attempted hacks last year against domestic trading platforms like Upbit and Bithumb. Regional Reports Detail South Korean Hardware Wallet Demand is Rising South Korean cryptocurrency traders want to keep their digital assets safer after a few […]
  • Snowden Releases NSA Documents Showing Bitcoin Was “#1 Priority”

    Xkeyscore. MAC addresses. OAKSTAR. MONKEYROCKET. Edward Snowden is at it again. This time the world’s most notorious whistleblower has handed over National Security Agency (NSA) documentation to online investigative news outlet The Intercept revealing an invasive covert program to track bitcoin users using spy tools he uncovered during his infamous first go-round. The implications include the […]
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