Thursday, June 21, 2018

Australia using ‘100-point’ check to chase crypto traders

The Australian Tax Office (ATO) has cast a wide net to investigate crypto investors after classifying cryptocurrencies like bitcoin as taxable ‘assets’. Read more www.ccn.com

Crypto exchange Bithumb hacked, thieves steal $30m

South Korean cryptocurrency exchange Bithumb has become the latest trading platform to fall prey to a security breach, losing $30 million from the theft. Read more: www.ccn.com

Italian court seizes crypto exchange BitGrail’s bitcoin wallets

An Italian court has seized bitcoin wallets belonging to shuttered cryptocurrency exchange BitGrail as part of the company’s bankruptcy proceedings. Read more: www.ccn.com

Japan arrest 16 individuals in Monero cryptojacking case

Cryptojacking is the process of installing mining scripts or outright malicious malware onto computers of unsuspecting users to mine cryptocurrencies. Read more: www.ccn.com

The ‘central bank for central banks’ disses cryptos in report

The Bank for International Settlements (BIS) took aim at cryptocurrencies in a newly-published report, arguing that they are inadequate payment mechanisms. Read more: www.ccn.com

Investing in crypto likened to investing in Internet 10 years ago

The Dot-com bubble burst is constantly being used in arguments that cryptocurrency will suffer the same fate, bringing the markets to a crashing close. Read more: bitcoinist.com

Crypto market declines $5bn, Bitcoin fairly stable at $6,450

The cryptocurrency market has dropped by $5 billion over the past 24 hours, from $282 billion to $277 billion. Bitcoin remains stable at $6,450. Read more: www.ccn.com

Tezos investors to undergo KYC after closing ICO last year

The Tezos Foundation, which supports blockchain project Tezos, has announced know your customer/anti-money laundering (KYC/AML) requirements for its contributors. Read More: regtechanalyst.com

CrowdIF Launches ICO Backed By First Of Its Kind Crypto Trading...

As more and more people realize the immense potential held by blockchain and cryptocurrencies, cryptocurrency trading has also risen in popularity

Trecento Blockchain Capital launches ICO for blockchain investments

Trecento Blockchain Capital, a blockchain-centric investment solution, has launched its Initial Coin Offering (ICO), which is dedicated to blockchain investments. Read more: fintech.global