Sp8de bridging the gap between online and Blockchain gambling. Gambling’s popularity has always been high and because of that it is a sector that is always looking to expand and move with the times. Two years ago, online gambling was estimated to be a whopping $44 billion as a result of increased technological penetration thereby […]
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Genesis Global Trading Launches New Lending Service For Investors
Genesis Global Trading Inc., one of the leading makers of the digital currencies announced recently the launch of a new service for its lending business, the Genesis Global Capital. The new entity will enable the investors and other business enterprises to borrow the cryptocurrencies amounting to $100,000 and above for fixed periods ranging from two […]
Several Universities In China Are In Pursuit Of Blockchain Patents
A number of the top-tier public universities have revealed their plans to move ahead and ramp up efforts to patent blockchain applications developed on campus. According to data published on Feb. 16 it was clear that institutions such as Chinese Academy of Sciences, Shenzhen University and Zhejiang University sought to get patents associated with the […]
The World Might Be Compelled To Put Up With The Crypto Axis Of Evil
At this point in time there is much speculation revolving around the Venezuela’s oil-backed cryptocurrency and that is with special regards on whether or not it will be succeeding in the long run. Experts have in numerous instances asserted that it could end up portending a whole new use case for the technology and to […]
Capital One Rethinks About Digitizing Whole Organization
Capital One announced recently that it’s reconstructing the entire organization on a culture of agile and collaborative product development. The company has undergone through a various innovative transformation that has made the Bank identical with the digital innovation including the Artificial Intelligence, Innovation Labs, Blockchain and much more. According to Gill Haus, Senior Vice President, […]
Venezuela Plans To Curb Crypto Exchanges
Venezuela has announced plans to restrict the launch of new cryptocurrency exchanges that operate in the country. In the ten-page document that was published recently, only eight crypto exchanges would be allowed to operate in the domestic market. The manual highlights detailed requirements that the domestic exchanges must meet before launching operations under the new […]
How To Transfer Cryptos Without Incurring Tax Charges In 2018
As the governments seek for more avenues to regulate the cryptocurrency sector, taxes are significantly becoming a worrying trend among the potential investors. It’s apparent that the famous 1031 tax-free exchanges are no longer used for crypto. However, there are other ways to that one can transfer the virtual currencies without triggering tax laws. Last […]
Bitflash Sues Banks For Not Allowing It To Open Accounts; Israel Government Says Bitcoin Is Property Not Currency
Bitflash Ltd. is an Israeli organization formed in January this year which has decided to sue all the banks as they have dismissed all its business in Israel. Also, the government of the country has said that bitcoin is a property and not a currency. An Israeli trade cannot lawfully get fiat exchanges from customers […]
Finland Government Releases New Guidelines On Handling Of Cryptocurrencies Prohibiting Authorities From Placing Funds On Exchanges
Finland government recently released a new set of guidelines on how law enforcement officials should handle the confiscated cryptocurrencies. According to these new guidelines, the official agencies that control the cryptocurrency storage will not be able to place the funds on exchanges and will have to instead keep them inaccessible from the internet, offline. Thus, […]
The Wyoming House of Representatives Takes Out Utility Tokens from the Purview of Security Regulations
The Wyoming House of representatives has given the nod to exempt Utility Tokens from purview of security regulations. The House Bill 70 is now pending for the approval of the Senate. If the bill is approved by the state governor, it will come into effect from July 1, 2018. The utility token sellers and developers […]
