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Since Twitter Won’t Stop Crypto Scammers, These Services Will

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Since Twitter Won’t Stop Crypto Scammers, These Services Will

One of the most maddening things about lookalike Twitter scammers has been Twitter’s unwillingness to do anything about them. It’s not a complex problem to solve, and yet for months the micro-blogging service has prevaricated while the gullible public has given their ether away to flagrant scammers. A couple of third party services have now sprung up promising to solve the problem. If Twitter can’t stop crypto scammers, they will.

Also read: Bitcoin Funded Silk Road Performance Earns a Residency at Trafalgar Studios  Read more...

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BREAKING: Mt. Gox ‘Bitcoin Whale’ Trustee Won’t Sell Any More BTC

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The Tokyo District Court has approved the commencement of civil rehabilitation in the ongoing Mt. Gox bankruptcy — with the process to expected to start early next year. 

Mt. Gox Trustee Won’t Dump Any More Bitcoin

Mt. Gox creditors are one step closer to receive more than $ 450 per bitcoin lost. The Tokyo District Court ordered to stop the bankruptcy process and start the civil rehabilitation process.

The document published on Mt. Gox website today reveals the tentative schedule on how civil rehabilitation is expected to proceed. The Mt. Gox bankruptcy claims-filing system has also been temporarily suspended.  Read more...

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IOTA Price: Ongoing Bearish Pressure Won’t Relent Soon

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The uneasy situation across all cryptocurrency markets is till tangible at this point. So much even that it would appear another round of bearish pressure will materialize at any given moment. As is usually the case, some coins feel this pressure a lot sooner compared to others. For the IOTA price, things are not looking too impressive.

IOTA Price Decline is Real

It was to be expected the weekend would bring more bearish pressure across all cryptocurrency markets. Weekends are notoriously troublesome for the many people trying to score quick profits. It seems unlike any major changes will occur in this regard. As far as the IOTA price is concerned, the losses have begun to mount pretty quickly over the past few hours.  Read more...

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Kraken CEO: We Won’t Give Info To ‘Audacious’ New York Regulators

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The CEO and co-founder of cryptocurrency exchange Kraken defended the company’s refusal to comply with a regulatory “questionnaire” sent by New York lawmakers.

Kraken Rails Against Attorney General’s ‘Disrespect’

In comments, which contrasted with the other 12 exchanges targeted by New York Attorney General Eric T. Schneiderman’s “Virtual Markets Integrity Initiative,” Jesse Powell said Kraken would not hand over any information about its business.

Jesse Powell, chief executive officer of Kraken

When it launched the Initiative April 17, Schneiderman’s office explained it was “requesting disclosures on their operations, use of bots, conflicts of interest, outages, and other key issues” with the aim of “protecting consumers.”  Read more...

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These Countries Won’t Tax Your Bitcoins Too Much

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These Countries Won’t Tax Your Bitcoins Too Much

A growing number of governments can’t resists the temptation to get their hands on some of the bitcoins their citizens are making. Several states, however, think that leaving some breathing space for crypto users and entrepreneurs is a better idea in the long run. Crypto-friendly tax regimes can still be found around the world.

Also read: Tax Paying Americans Owe $ 25 Billion in Cryptocurrency  Read more...

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No, India Won’t Ban Bitcoin and Will Embrace Blockchain Technology Too

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The Indian government talks a big talk when putting down Bitcoin and other cryptocurrencies, but such actions has done little to curb their popularity.

Crypto-Not-Currency

In his annual budget speech today, Union Finance Minister Arun Jaitley once again made clear the government’s intention to halt the use of Bitcoin and other cryptocurrencies in India, claiming the South Asian country does not recognize digital currency as legal tender. He states:

The government does not consider cryptocurrencies legal tender or coin, and will take all measures to curb the use of these crypto-assets in financing illegitimate activities or any part of payment systems.  Read more...

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Coinbase, Exchanges ‘Won’t Run’ Lightning Network – Andreas Antonopoulos

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Andreas Antonopoulos has said he doesn’t expect regulated exchanges such as Coinbase to run the Lightning Network as it gains mainstream acceptance.

‘Their KYC Fell Apart’

In comments on the first episode of Let’s Talk Bitcoin! in 2018, the educator said AML/KYC obligations exchanges face are incompatible with the nature of Lightning, which recently launched a limited yet rapidly-growing mainnet implementation.

The upgrade to the Bitcoin network promises vastly reduced transaction times and fees, yet its tentative 230-node launch is still experimental, with various parties warning users not to use it until suitable advances have been made or face losing money.  Read more...

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Singapore Won’t Be Part of the State-controlled Crypto Movement

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Even though many countries are interested in, and indeed are pursuing, the creation of national state-run virtual currencies, Singapore isn’t one of them.

The digital currency revolution is here, and it’s not just reserved for Bitcoin and other decentralized cryptocurrencies. More and more countries are exploring the benefits of having a cashless society.

Sweden has previously voiced their desire to investigate the development of an e-krona, Israel is looking into creating a digital shekel, while Russia could soon develop their CryptoRuble. Venezuela also seems to be well on its way to issuing their Petro, even though the legality thereof is up for discussion.  Read more...

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South Korea Tightens Grip, But Won’t Ban Bitcoin Trading

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It was only a matter of time until authorities pulled the reins in on one of the biggest crypto trading nations in the world. South Korea, which is responsible for as much as 25% of total crypto trading volume, said on Thursday it will impose additional measures to regulate speculation in crypto within the country.

South Korea Will Ban Anonymous Crypto Trading

As previously reported that more regulations are expected, South Korean regulators have confirmed additional measures to curb illegal activities at cryptocurrency exchanges. According to Reuters, the government noted that trading prices of most digital currencies were much higher on South Korean exchanges than they were on exchanges in other countries.  Read more...

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