South Korean Exchanges Are Barring Foreign Residents from Trading

Several South Korean exchanges have announced that they will ban foreign residents from trading cryptocurrencies.  Tighter Cryptocurrency Regulations The South Korean government was the cause of major turmoil in the global cryptocurrency market as rumors spread that they were planning to ban cryptocurrency trading across the country. Soon after the news was released, the total cryptocurrency market valuation dropped by almost 50%, causing major financial losses for a lot of traders worldwide. Later, government officials

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Buglab Turns Penetration Testing Into a Competition Any Company Can Afford to Run

“Bug bounties” are a great idea — crowdsourcing security testing by offering a reward to “white-hat” hackers who find and report vulnerabilities in your system. However only large corporations can afford to pay large rewards for every bug. What if someone designed a platform that turned these hunts into competitions that businesses of any size […]

Dash Cuts Deal with UFC Welterweight Contender Rory MacDonald

Before Rory MacDonald goes for Bellator gold versus welterweight champion Douglas Lima at UFC’s Bellator 192, he will be wearing DASH apparel. That’s because the cryptocurrency payments project has inked a promotional deal that’ll have the fighter repping their logo at the fight. Also see: Community is Monero’s Strength, Says ‘FluffyPony’ at Miami Conference Join the Bitsonline […]

Internal Revenue Service (IRS) Asked to Provide a Clearer Cryptocurrency Tax Framework

At least two US institutions have requested that the IRS propose a definitive structure for taxing cryptocurrencies in the country. As authorities see the lucrative appeal of virtual currencies, they also see that they can benefit from this wealth in some way, specifically through taxing crypto holders. However, even though cryptocurrencies may only have been thrust into the mainstream spotlight last year, taxation queries are not as recent. According to CNBC, Tyson Cross, a US-based tax

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CFTC and SEC Announce Tough Stance on Frauds in Cryptoverse

The U.S. Commodity Futures Trading Commission (CFTC) and Securities Exchange Commission (SEC) issued a joint statement on January 19th, 2018, warning of crackdowns on fraudulent schemes in the crypto space. The statement comes after the SEC recently raised concerns about crypto futures trading (ETFs). Also see: Will Ripple Help Lead the Way to Cryptocurrency’s Recovery? Join […]

Indian Tax Authority Sends Notice to Crypto Owners: Pay Up

The India’s top tax agency has sent notices to thousands of cryptocurrency investors following an extensive survey that indicated transactions worth over $3.5 billion USD have been channeled in India via cryptoeconomies over the span of the last 17 months.  Also see: Community is Monero’s Strength, Says ‘FluffyPony’ at Miami Conference Join the Bitsonline Telegram channel to get […]

Will Ripple Help Lead the Way to Cryptocurrency’s Recovery?

The digital currency market has witnessed one of the largest corrections in recent memory. Prices of virtually every crypto, from bitcoin to ether to litecoin, fell nearly 50 percent. With signs of recovery now materializing, will it be Ripple leading the “big cap” coins forward? Also see: Community is Monero’s Strength, Says ‘FluffyPony’ at Miami Conference […]

Decentralized News Network: Building the Future of the Media Industry

A huge selling point of blockchain technology is its ability to decentralize institutions essential to society. This feature has made the technology so popular, that an entire industry has grown up around it — including a thriving community of Bitcoin and blockchain-centric news publications. However, contrary to the blockchain ethos, these media outlets operate in […]

Lightning Network May Not Solve Bitcoin’s Scaling ‘Trilemma’

It isn’t possible to have decentralization, a fixed money supply and sufficient liquidity for an efficient payments system, says Frances Coppola.

Weiss Ratings to List Cryptocurrencies

As the cryptocurrency and blockchain industry moves into the mainstream, more companies and organizations will need to start taking notice to keep up with the latest technology. The latest to acknowledge the ever-growing presence of digital currencies is Weiss Ratings. In a notice on their website, the independent financial ratings agency announced that they were going to issue letter grades on cryptocurrencies. The company, founded in 1971, claims to be America’s only 100% independent ratings

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