Bitcoin investors and traders do not declare their profits

April 18, 2018 7:52 pmComments Off on Bitcoin investors and traders do not declare their profits
Bitcoin investors and traders do not declare their profits

Significant number of Bitcoin investors and traders have decided not to declare their profits and revenues. According to a survey conducted by TeamBlind, an anonymous social application for technology company employees, 46% of people who made money from cryptocurrencies trade in 2017 will try to avoid paying taxes. “We surveyed more than 2,600 users who said they had earned money from cryptocurrencies in 2017. We asked if they reported these […]

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Big bitcoin heist escapes prison

7:11 pmComments Off on Big bitcoin heist escapes prison
Big bitcoin heist escapes prison

The suspected organizer of the theft of 600 computers used to mine cryptocurrencies and Bitcoin escaped arrest in Iceland. Sindri Thor Stefansson escaped from a jail with a low guard through the window and flew to Sweden with a passenger plane, traveling together with the prime minister of Iceland. He used the passport of another man, but he was recognized in video surveillance cameras. Stolen specialized computers, estimated at a […]

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Cryptocurrency exchange Kraken stops its services for Japanese residents

April 17, 2018 1:26 pmComments Off on Cryptocurrency exchange Kraken stops its services for Japanese residents
Cryptocurrency exchange Kraken stops its services for Japanese residents

The cryptocurrency exchange Kraken stops its services for Japanese residents. The company headquartered in San Francisco pointed to rising costs of doing business in Japan for its decision, although he said he could re-enter the country in the future. The Exchange plans to temporarily suspend all its services it offers in Japan from October 2014 until the end of June. “Stopping our services for Japan will allow us to focus […]

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Cryptocurrencies suffered another heavy blow

March 30, 2018 10:29 pmComments Off on Cryptocurrencies suffered another heavy blow
Cryptocurrencies suffered another heavy blow

The cryptocurrencies suffered another heavy blow during the trade Thursday, with another aggressive sell-off wiped out 25 billion USD from their market value. The leading cryptocurrencies hit in the face of a battleship depreciated at a time of yesterday’s trade by 9.3%, wiping steadily below the 7,500 USD level. The decline of the Bitcoin also deepened at the start of Friday’s trading to a bottom of 6,620 USD before rebounding […]

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Venezuela will release new cryptocurrency supported by its gold reserves

February 23, 2018 1:22 pmComments Off on Venezuela will release new cryptocurrency supported by its gold reserves
Venezuela will release new cryptocurrency supported by its gold reserves

Venezuela will release a new cryptocurrency supported by its gold reserves, announced the President Nicholas Maduro. Earlier this week, Venezuela offered its own digital currency, called Petro, guaranteed by the reserves of the Ayacucho deposit in the perimeter of the Orinoco River. The value of one Petro is equal to the value of a Venezuelan barrel. “I do not want to overtake the events, but we have a surprise related […]

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