February 22, 2018 10:57 PM A day after the presale of Venezuela’s oil-backed cryptocurrency began, the president announced another digital asset: the gold-backed petro oro. On February 21, Venezuelan President Nicolás Maduro announced that next week, his government will launch a state-issued, gold-backed cryptocurrency, the petro oro. The presale of the government’s oil-backed cryptocurrency, known […]
The Australian Broadcasting Corporation (ABC) has released data from Australian Competition and Consumer Commission (ACCC) that most large-scale cryptocurrency scam tend to have questionable reputation. Having come from the local news stead, it would be inferred that this was an undercap harvesting, but this part of the world remajna unaccosted to these malpractices in the […]
Venezuela launches pre-sale of state-sponsored Petro coin, a glitch on Japan-based Zarif exchange allowed users to buy cryptocurrency for $0, top 5 price changes, and more! Venezuela’s government has started the pre-sale of its petro (PTR) cryptocurrency, making 82.4 million of the virtual coins available for purchase. Image from Stefano Carella. Venezuela Launches Pre-Sale of Controversial, State-Sponsored […]
iStock.com/LEEDDONG Ethereum News Update Over the last year, initial coin offerings (ICOs) have become quite a phenomenon. And ETH prices have largely benefitted from this trend, since most ICOs take place on Ethereum’s platform. However, ICOs are not without their faults. They have drawn a lot of criticism. They may offer startups a new way […]
Betting on assets without owning it, in fact, seems to be a well-known model, this idea is used by Forex-like brokers and being successfully implemented to the crypto market as well. Although, the betting process may even get more entertaining if you add a contest element. And this is exactly what a new Blockchain project, […]
Even as Russia stands accused of meddling in the 2016 U.S. presidential election, its national capital is taking a leadership role in making democracy more transparent. Using an existing program called Active Citizen, the city of Moscow has been allowing residents to cast votes for measures ranging from the name of their new metro train […]
February 21, 2018 12:38 AM Last week, ING Group apparently confirmed its banking relationship with Bitfinex and Tether. This has raised questions in the Dutch parliament. On February 19, 2018, Dutch MP Henk Nijboer submitted a series of questions to minister of finance Wopke Hoekstra after the publication of an investigative article on Bitfinex and […]
February 21, 2018 12:47 AM Initially issued as a draft in January, the final version of a circular on taxation and cryptocurrencies has been handed down by the Israeli Tax Authority. On February 19, 2018, in a final circular released by the Israeli Tax Authority, it was announced that cryptocurrencies will continue to be regarded […]
February 21, 2018 12:08 AM Three laws aimed at regulating and promoting innovation within the blockchain space are expected to be submitted to the Maltese Parliament in early March. On February 16, a three-week-long period of public consultation began for three blockchain-related bills in Malta. At the end of the period, the legislation is expected […]
The government of Venezuela published several guides Tuesday in support of the presale for its “petro” cryptocurrency. Announcing the oil-backed token as a form of legal tender that can be used to pay taxes, fees and other public needs, the Venezuelan government outlined its plans and expectations for the petro in a new website built […]
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