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Category: Cryptocurrencies

Libra cryptocurrency

Libra cryptocurrency: Bad News?

Retreating… According to an article published in the Wall Street Journal, some of the financial participants (such as Visa and Mastercard) in the Libra cryptocurrency consortium would be reconsidering their participation in it. The cause would be the focus that regulatory authorities in the U.S. and Europe are putting on the project led by Facebook.…
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Libra

Libra: what does it mean for the end user and business?

What is Libra? Libra. Zodiac sign. Surely we all know that. But for some time, we are also reading (and listening) about another Libra. This one is the cryptocurrency proposed by Facebook. That’s the simplified matter’s view. But what Libra is – or will be – and why it’s causing so much fuss? What would…
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Ethereum misappropriation

Argentina: First sentence against Ethereum misappropriation

A Ethereum misappropriation sentenced in Argentina’s courts In what appears to be the leading case in the matter, the judicial branch of the Argentine province of Chaco issued the first conviction for misappropriation of cryptoactives, in the case 500 units of the Ethereum cryptocurrency, which, at the time of the event, had a valuation of…
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Anniversary bitcoin

Ten years of bitcoin

The anniversary of a revolution Ten years ago, at the beginning of November 2008, someone called Satoshi Nakamoto published an article in which he called for building a virtual cash system without a central entity to regulate it. The underlying idea was that there was no bank intervention, and this virtual cash would be used…
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crypto theft

How to protect you from crypto theft

Crypto theft comes in many different forms, and at least $225 million of cryptocurrency has been stolen as of mid-2017. Crypto theft can be prevented by taking appropriate precautionary measures (encrypted backups anti-virus software for crypto, and opting for multi-factor authentication among others). Courtesy of: Visual Capitalist For more information on crypto you can contact…
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bitcoin

Israel Will Tax Bitcoin as an Asset

Israel Tax Authority (ITA) confirmed that will tax cryptocurrencies like bitcoin The ITA updated a previous circular, where stated that cryptocurrencies like bitcoin are “assets”, thus are subject to capital gain tax. The first issue of ITA regarding cryptocurrencies was in January 2017. It was due to to repeated requests to know what’s the government…
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cryptocurrencies

Facebook bans all cryptocurrencies ads, is it fair enough?

The social network tries to get rid of cryptocurrencies bad press With the aim of “improving integrity and security of financial product and services ads”, the giant social network Facebook bans all advertisement related to bitcoin, cryptocurrencies, and ICOs. The new rule states that the ads must not promote products / services that are associated…
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bitcoin

Bitcoin: A trendy tech or an option for procurement?

Bitcoin: the biggest disruption of the history? Throughout history, humankind used several instruments to value and exchange goods and services. Bartering, currency minted in metal and paper money endorsed by gold or central banks have been and are some of them. But recently a disruptive payment system arose based in the growing technological and communication…
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cryptocurrencies