Crypto Exchange Binance Expects up to $1 Billion Profit in 2018

Leading cryptocurrency exchange Binance expects a net profit of up to $1 billion USD this year. The trading platform has already registered about $300 million of revenue in the first half of 2018 and a five-fold increase in the number of users. The data demonstrates a serious growth for Binance which is taking steps to … Read more

Mining Hardware Supply Chain Seeks Alternative Revenue Streams Amid Declining Demand

With demand for cryptocurrency mining hardware having sharply declined following the onslaught of 2018’s bear market, reports are indicating the companies operating in the supply chain behind mining hardware are increasingly seeking alternative revenue streams to offset falling demand from the mining industry. Also Read: SEC Executive: ‘Cryptocurrencies with Decentralized Structures Not Securities’ Cryptocurrency Bubble Pops … Read more

In-Browser Cryptocurrency Mining Can Have Positive Implications

Cryptojacking is a very popular and worrisome trend. For all of the negative attention in-browser cryptocurrency mining gets, there are still plenty of legitimate use cases for it as well. It is important not to lose sight of how in-browser crypto mining can revolutionize the advertising industry as a whole. In-browser Crypto Mining can be Successful … Read more

IRS Reminds Taxpayers to Report Virtual Currency Earnings

The United States Internal Revenue Service (IRS) recently published a document reminding taxpayers that income derived from virtual currency transactions must be reported on income tax returns. The IRS states that taxpayers who fail to report virtual currency earning may be audited or made liable for “penalties and interest.” Also Read: Bitcoin Adoption Grows in Ugandan … Read more

1200 Australian New Agencies Are Selling Fractions of Crypto

Cryptocurrency enthusiasts from Australia now have the ability to purchase the digital assets bitcoin core (BTC) and ethereum (ETH) via regional 1,200 news agencies. Newsagents are using the idea to help declining interest in newspaper and magazines. Also Read: Australian High School to Host Information Night on Cryptocurrencies  Australians Can Now Buy Cryptocurrencies With 1,200 News … Read more

PR: Investing Platform Coinseed Announces ICO Pre-Sale for Spare Change Investment in Cryptos

Coinseed Announces Its Pre-Sale ICO As we launched our iOS and Android app on November 21, 2017, we had a tremendous growth without any paid marketing. We already hit our banking deposit limit only within the first 2 weeks of our launch. To manage this massive growth, we reduced our daily deposit limit for our … Read more