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The South Korean government has announced that some taxes can be applied to cryptocurrencies under the current law, which will be finalized in the first half of this year. Other taxes are also being considered but some are not easily implemented under the current tax system. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, … Read more
Most cryptocurrency enthusiasts are well aware of how the prices on Coinmarketcap look skewed. This is mainly because they continue to factor in the Korean prices for the global average. Although that is only normal, it also makes the markets look a lot healthier than they really are. As a result, the platform is now … Read more
From monumental price rises to bans, Bitcoin saw an interesting year in 2017, so what is being predicted for 2018? #OPINION Go to Source Powered by WPeMatico
This week will see six Korean banks probed for legal compliance as they serve cryptocurrency exchanges. #BRIEF Go to Source Powered by WPeMatico
The past 24 hours have been rather eventful for all cryptocurrencies. With Coinmarketcap no longer taken the Korean prices into account, all currencies are slowly losing momentum. In the case of the Ethereum price, things are still going according to plan. Thanks to some solid gains in both USD and BTC value, Ethereum now reclaims … Read more
‘Vaporware’ is a term that’s tossed about loosely, often against cryptocurrency projects that have no clear use case. It’s an easy accusation to make given that many crypto projects are still at the development stage, and haven’t had a chance to prove themselves. This year’s vaporware could be next year’s ethereum – or at least … Read more
Popular wallet developer Electrum has issued an emergency patch for a critical bug in its bitcoin wallets. The flaw allowed any website hosting the Electrum wallet to potentially steal the user’s cryptocurrency. A vulnerability meant that passwords were exposed in the JSONRPC interface, granting hackers complete control of the wallet. The first patch failed to … Read more
If the collection of endless memes created on your favorite social media sites could be condensed into a mascot for a new crypto-currency, what would it look like? Those of you in-the-know already see where I’m going with this. Yes, you would condense those memes into the face of a Shiba Inu). The creators of one of … Read more
Just recently we reported on European bitcoin users having issues with their loadable bitcoin debit cards. Even though some of these businesses are having a few issues, there are many cryptocurrency debit cards available all around the world. Also read: Visa Veto Leaves Several European Cryptocurrency Cards Locked Out Since 2015 Bitcoin-Based Debit Cards Have Grown … Read more
Tether, creator of a USDT token claimed to be backed by the U.S. dollar, has been a hot topic of conversation lately to say the least. The company has been very successful so far issuing tokens to individuals and exchanges, but many skeptics are worried the digital currency is not backed by real fiat. Skeptics … Read more
