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Showing posts from February, 2018

Germany Won’t Tax You for Buying a Cup of Coffee With Bitcoin

Germany won’t tax bitcoin users for using the cryptocurrency as a means of payment, the Ministry of Finance has said. The guidance, published Tuesday, sets Germany apart from the U.S., where the Internal Revenue Service treats bitcoin as property for tax purposes – which means that if an American buys a cup of coffee with…The post Germany Won’t Tax You for Buying a Cup of Coffee With Bitcoin appeared first on Complete Bitcoin Guide for Beginners.

Bill Gates’ ‘Nonsense’ Crypto Comments Draw Twitter Ire

Microsoft co-founder Bill Gates took aim at cryptocurrencies during a Reddit “Ask Me Anything” session Tuesday – much to the ire of some social-media commentators. Responding to a question about cryptocurrencies, the world’s second-richest man said the ability of governments to track money laundering or terrorist funds “is a good thing.” Gates continued, saying: “Right…The post Bill Gates’ ‘Nonsense’ Crypto Comments Draw Twitter Ire appeared first on Complete Bitcoin Guide for Beginners.

Hacker Returns $26 Million in Ether Months After ICO Theft

A hacker who stole more than 43,000 ether tokens from would-be investors in CoinDash has returned a majority of the funds to the startup. The company reported that the thief returned 30,000 tokens over two different transactions, the first in September 2017 and the second last Friday, to CoinDash’s wallet. At press time, the tokens…The post Hacker Returns $26 Million in Ether Months After ICO Theft appeared first on Complete Bitcoin Guide for Beginners.

What to Look for in ICO Terms and Conditions

Peter Khokhlov, Brian Konradi, and Andrei Danilov are lawyers and co-founders of Incremint.io, which is planning a token sale. This article does not constitute legal advice. Terms and conditions (or T&Cs), the timid cousin of the white paper, are an essential part of the makeup of an initial coin offering (ICO). With all the ICO…The post What to Look for in ICO Terms and Conditions appeared first on Complete Bitcoin Guide for Beginners.

Will Lightning Help or Hurt Bitcoin Privacy?

Faster, cheaper bitcoin transactions? Check. But at what cost? For bitcoin users, many of whom were drawn to cryptocurrency for its promise of financial sovereignty, bitcoin is still synonymous with privacy. But the gap between the vision and the reality, in which user transactions today must be published to a globally distributed ledger, has long…The post Will Lightning Help or Hurt Bitcoin Privacy? appeared first on Complete Bitcoin Guide for Beginners.

Video Game Giant Ubisoft Is Exploring Blockchain Use Cases

French video game publisher Ubisoft is exploring potential applications of blockchain in its Strategic Innovation Lab, which studies emerging technologies and their use cases. Lidwine Sauer, the Lab’s director of trends and insights, told the gaming news site IGN that Ubisoft is particularly interested in the blockchain’s ability to offer unique ownership over digital items. The…The post Video Game Giant Ubisoft Is Exploring Blockchain Use Cases appeared first on Complete Bitcoin Guide for Beginners.

French Regulator Says No to Online Crypto Derivatives Ads

France’s stock market regulator released a statement about cryptocurrency-tied derivatives on Thursday, which includes a curb on the advertising of such products. In its statement, L’Autorite Des Marches Financiers (AMF) said that trading platforms should not be allowed to market cryptocurrency derivative products electronically, per regulations that cover derivatives more broadly. The publication followed a…The post French Regulator Says No to Online Crypto Derivatives Ads appeared first on Complete Bitcoin Guide for Beginners.

Venezuela’s Cryptocurrency Is Here, But Who’s Involved Isn’t Clear

There’s a flurry of information coming out of Venezuela this week about its new national cryptocurrency, the petro, though a full picture of the project has yet to emerge. Indeed, despite the press conferences and Twitter campaigns, one of the notable questions to emerge about the first-of-its-kind cryptocurrency is exactly who is building it, which…The post Venezuela’s Cryptocurrency Is Here, But Who’s Involved Isn’t Clear appeared first on Complete Bitcoin Guide for Beginners.

Dutch Bank ING Says Crypto Exchange Bitfinex Is An Account Holder

ING Groep NV confirmed Tuesday that cryptocurrency exchange Bitfinex has an account with the Dutch bank. According to Bloomberg News and Reuters, a spokesperson for the financial services company acknowledged Bitfinex’s account but declined to share any other information, citing confidentiality. The reports made no mention of Tether, the affiliated company behind the USDT token…The post Dutch Bank ING Says Crypto Exchange Bitfinex Is An Account Holder appeared first on Complete Bitcoin Guide for Beginners.

Actor Steven Seagal Endorses Questionable ‘Bitcoiin’ ICO

Action film star Steven Seagal has become the brand ambassador for a controversial cryptocurrency ahead of an initial coin offering (ICO). A statement posted to Seagal’s Twitter account confirmed the news, the announcement for which was posted to the official website of “Bitcoiin.” Seagal’s endorsement – one of a number of celebrity endorsements in the…The post Actor Steven Seagal Endorses Questionable ‘Bitcoiin’ ICO appeared first on Complete Bitcoin Guide for Beginners.

No, Not All ICOs Are Securities

Paul Paray is an attorney in Allendale, New Jersey, focused on privacy and technology matters. In his Feb. 8 opinion piece for CoinDesk, Santander’s Julio Faura suggests that “utility tokens are a bad idea” because it would be a “lie to ourselves” to suggest initial coin offerings (ICOs) were not actually selling securities. Rather, in…The post No, Not All ICOs Are Securities appeared first on Complete Bitcoin Guide for Beginners.

In 10 Years We Won’t Have Blockchains

Will Murphy is the vice president for blockchain at of Talla.com, the company behind Botchain, a blockchain for managing autonomous intelligent agents. I predict that in 10 years blockchain technology will improve to a level that calling it “blockchain” will no longer be a useful term. Let’s think about this a moment. Why do we call it…The post In 10 Years We Won’t Have Blockchains appeared first on Complete Bitcoin Guide for Beginners.

FCC: Bitcoin Miner Interfered With T-Mobile Network

The U.S. Federal Communications Commission (FCC) warned a New York City resident this week that his bitcoin mining hardware was interfering with a broadband network operated by T-Mobile. The FCC issued a “Notification of Harmful Interference” to Victor Rosario, dated Feb. 15, informing him that the Commission received a complaint from T-Mobile regarding interference with…The post FCC: Bitcoin Miner Interfered With T-Mobile Network appeared first on Complete Bitcoin Guide for Beginners.

Coinbase Users Cry Foul Over Unexpected Bank Charges

A number of Coinbase users have reported unauthorized charges to their bank accounts by the exchange and digital wallet provider, in some cases draining all their funds and leaving customers with large overdraft fees. Posting on the Coinbase subreddit, customers indicated that previous, legitimate withdrawals from their bank accounts were wrongly duplicated multiple times. “My…The post Coinbase Users Cry Foul Over Unexpected Bank Charges appeared first on Complete Bitcoin Guide for Beginners.

DC Blockchain Hearing Sees Call for Congressional Commission

Members of the U.S. House of Representatives got a crash course on blockchain today, with subcommittees of the Science, Space and Technology Committee meeting to hear testimony on the tech. During the “Beyond Bitcoin: Emerging Applications for Blockchain Technology” hearing, the House Subcommittee on Research and Technology and the Subcommittee on Oversight asked a range…The post DC Blockchain Hearing Sees Call for Congressional Commission appeared first on Complete Bitcoin Guide for Beginners.

Arizona Law Would Define When ICOs Are Securities

The number of blockchain bills before the Arizona state legislature is growing, public records show. Arizona state representative Jeff Weninger introduced two measures focused on the tech last week, including one that would begin laying down ar regulatory framework for initial coin offerings (ICOs) conducted in the state. Two new bills introduced by the representative…The post Arizona Law Would Define When ICOs Are Securities appeared first on Complete Bitcoin Guide for Beginners.

JPMorgan Report: Crypto Could One Day Help Diversify Portfolios

Cryptocurrencies could one day help investors diversify their equity and bond portfolios, analysts for JPMorgan Chase wrote in a new, 71-page research report focused on the tech. The report, entitled “Decrypting Cryptocurrencies: Technology, Applications and Challenges” and dated Feb. 9, was drafted by the bank’s Global Research unit. A copy obtained by CoinDesk explores a…The post JPMorgan Report: Crypto Could One Day Help Diversify Portfolios appeared first on Complete Bitcoin Guide for Beginners.

Crypto Jobs? Where We’re Going We Won’t Need Jobs

Kade Morton is a security consultant and open source enthusiast. In his spare time, when he isn’t volunteering for Mozilla, he’s working on his own open-source decentralized application, Aletheia. Follow him on twitter @cypath In a recent CoinDesk op-ed, Sandro Ro urges the blockchain community to “construct and act by a new culture whereby our companies…The post Crypto Jobs? Where We’re Going We Won’t Need Jobs appeared first on Complete Bitcoin Guide for Beginners.

Crypto Jobs? Where We’re Going We Won’t Need Jobs

Kade Morton is a security consultant and open source enthusiast. In his spare time, when he isn’t volunteering for Mozilla, he’s working on his own open-source decentralized application, Aletheia. Follow him on twitter @cypath In a recent CoinDesk op-ed, Sandro Ro urges the blockchain community to “construct and act by a new culture whereby our companies…The post Crypto Jobs? Where We’re Going We Won’t Need Jobs appeared first on Complete Bitcoin Guide for Beginners.

7 Trends Shaping the Evolving ICO Economy

Sure, there were white papers, prototypes and theories, but in the land of ICOs, 2017 was largely about one thing – money – and lots of it. Entering 2018, those closest to the sector, the area of the industry that’s actively applying learnings from cryptocurrencies to startup models, see a bit of a different story.…The post 7 Trends Shaping the Evolving ICO Economy appeared first on Complete Bitcoin Guide for Beginners.

Bitcoin Crypto Price to reach $100,000 if it holds onto this KEY metric

Bitcoin Crypto price predictions were in the news again today and this was an interesting insight given by independent crypto trend analyst Ronnie Moas. WARNING: Crypto to reach $100,000 if it holds onto this KEY metric BITCOIN’s prices fell dramatically amid a frenzied sell-off following news the Chinese Government and Lloyd’s bank would ban buying…The post Bitcoin Crypto Price to reach $100,000 if it holds onto this KEY metric appeared first on Complete Bitcoin Guide for Beginners.

Cryptocurrency Markets Move Back Into Green After Substantial Selloff News

Cryptocurrency Markets Move Back Into Green After Substantial Selloff Cryptocurrency markets are rebounding today, Feb. 3, following yesterday’s multi-month low in Bitcoin’s price. Most of the top 50 coins are in green, with 24 hour gains over 20 percent. In part due to pressure from misleading reporting on regulations in India, the overall cryptocurrency market…The post Cryptocurrency Markets Move Back Into Green After Substantial Selloff News appeared first on Complete Bitcoin Guide for Beginners.

Bitcoin Price Predictions 2018 – Expect 70 Percent Surge After Bitcoin Bottoms Out

This is some interesting commentary online for Bitcoin price predictions in 2018, if you have been investing in bitcoin. Bitcoin is bottoming, expect a 70 percent surge investors and cryptocurrency traders are advising. The huge Bitcoin sell-off marks a great buying opportunity for savvy investors and cryptocurrency traders. The old saying goes, “buy when there’s…The post Bitcoin Price Predictions 2018 – Expect 70 Percent Surge After Bitcoin Bottoms Out appeared first on Complete Bitcoin Guide for Beginners.

Cryptocurrency Price Stabilizes in the Market After Violent Sell-off

It certainly has been an interesting few weeks for cryptocurrency prices which have been very much big news in the financial markets since the December 2017 price increases. This week the cryptocurrency markets stabilized on Saturday with bitcoin, ripple and ethereum all higher from a day ago. On Friday, many virtual coins saw a violent…The post Cryptocurrency Price Stabilizes in the Market After Violent Sell-off appeared first on Complete Bitcoin Guide for Beginners.