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cryptocurrency April 9, 2018

Things may be looking up for Ethereum’s native token, ether (ETH). Advertisements Having suffered a 50 percent decline in March, the world’s second-largest cryptocurrency by market value fell to $394 by April 1 – the lowest level since Dec. 7, according to Bitfinex data. However, at the time, ETH was extremely oversold, with the 14-day […]

cryptocurrency April 9, 2018

The views expressed here are the author’s own and do not necessarily represent the views of Cointelegraph.com Advertisements Ethereum has four milestone phases in its development post-release; Frontier, Homestead, Metropolis, and Serenity. Ethereum is currently in phase three – Metropolis version Byzantium. However, Ethereum has had a difficulty bomb – a protocol that makes mining […]

cryptocurrency April 9, 2018

On Friday, the State Bank of Pakistan prohibited regulated entities from facilitating cryptocurrency-related transactions. Within hours, Urdubit announced its closure. Advertisements On April 6, 2018, Muhammad Akhtar Javed, director of the State Bank of Pakistan (SBP), issued a circular entitled “Prohibition of Dealing in Virtual Currencies/Tokens.” Virtual currencies and tokens issued through initial coin offerings […]

cryptocurrency April 9, 2018

SARS recently clarified that, for now, it will not be creating new tax rules for cryptocurrencies. Gains and losses will need to be reported as assets under existing laws. Advertisements As announced on April 6, the South African Revenue Service (SARS) will be treating cryptocurrencies as “assets of an intangible nature,” not as traditional currencies, and […]

cryptocurrency April 8, 2018

EOS releases final version of test network, Monero hard fork results in four new blockchains, top 5 cryptocurrency price changes, and more! Advertisements Block.one has announced the release of the third version of its blockchain platform, EOS.io Dawn 3.0. Image from Akarat Phasura. EOS Announces Release of Final Version of Its Test Network, Dawn 3.0 Open source software […]

cryptocurrency April 7, 2018

IBM join global blockchain identity project, Coinbase in talks to become licensed brokerage firm, top 5 cryptocurrency price changes, and more! Advertisements IBM has announced it is joining the Sovrin Foundation as a “founding steward.” Image from nopporn. IBM Joins Non-Profit To Build Global Blockchain-Based Identity Network IBM has announced it is joining the Sovrin Foundation as a […]

cryptocurrency April 6, 2018

iStock.com/tigerstrawberry Ethereum News Update Investors tend to panic when international organizations talk about cryptocurrency regulation, but is that really the nightmare scenario? Advertisements What we have at the moment seems worse. With each country or state striking its own path on crypto regulation, investors are left without a clear sense of direction. “Where is the industry […]

cryptocurrency April 6, 2018

Vitalik Buterin is coming out against a proposal that would find the blockchain he created changing its software to limit the performance of mining hardware designed to yield a greater cut of the network’s rewards. Advertisements Buterin’s comments, issued in a biweekly developer meeting Friday, come in response to the launch of a new product […]