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cryptocurrency March 23, 2018

Fujitsu has signaled its long-term commitment to blockchain technology with the inauguration of its European Blockchain Innovation Center to be built in Belgium. Advertisements The Japanese multinational information technology firm Fujitsu announced that it is building a research and development center in Brussels with the goal of exploring “next generation applications” for blockchain and distributed […]

cryptocurrency March 22, 2018

iStock.com/BackyardProduction Ethereum News Update Ethereum prices are down six percent on Thursday morning as the market slips back into angst and fear about upcoming regulations. Advertisements These gyrations have become a normal part of the Ethereum to USD exchange rate. They don’t surprise me. One number that did catch my eye, however, is the total […]

cryptocurrency March 22, 2018

According to the district court of Amsterdam, bitcoin is transferable and has value. Advertisements On February 14, 2018, after failing to comply with a court order to pay 0.591 BTC in mining proceeds to a customer, KOINZ Trading BV was declared bankrupt by the district court of Amsterdam. In its ruling (Dutch), published on March […]

cryptocurrency March 22, 2018

Google’s senior vice president of advertising told reporters today the internet powerhouse is looking for ways it can incorporate blockchain technology. Advertisements Speaking from the Advertising Week Europe conference earlier today, Sridhar Ramaswamy, Google’s senior vice president of ads and commerce, told reporters that the US-based multinational technology company has a “small team” looking for […]

cryptocurrency March 22, 2018

The founder and CEO of Binance has hit back over reports that Japan’s financial watchdog will soon warn the exchange to halt its operations there. Advertisements According to reports, Japan’s Financial Services Agency (FSA) plans to warn the cryptocurrency exchange Binance to cease its operations in the country, where it has been offering its services […]

cryptocurrency March 22, 2018

CryptoKitties, the Ethereum-based virtual collectible game developed by Blockchain startup Axiom Zen, has raised $12 mln in funding from a group of investors, led by two top venture capital firms Andreessen Horowitz and Union Square Ventures, as reported by CryptoKitties’ Medium account on March 21. Advertisements CryptoKitties has raised $12M to make the blockchain purr. […]

cryptocurrency March 21, 2018

The American Bar Association has recommended that the IRS offer taxpayers temporary safe harbor regarding cryptocurrency that they acquired as the result of a hard fork. It has also begun to explore the possible implications that such tokens might have during future tax seasons. Advertisements The American Bar Association (ABA) Section of Taxation has recommended […]

cryptocurrency March 20, 2018

iStock.com/BackyardProduction Ethereum News Update If there’s one fear that haunts crypto enthusiasts, it’s that governments will attach burdensome regulations to slow innovation across the industry. Advertisements So when U.S. regulators—like the U.S. Securities and Exchange Commission (SEC)—started cracking down on the initial coin offering (ICO) market, investors assumed their worst nightmares were coming true. They […]