Bank of England to Test Blockchain Tech in Domestic Payments System

Join our community of 10 000 traders on Hacked.com for just $39 per month. The Bank of England is beginning its Proof of Concept (PoC) to examine its potential in RTGS functionality with decentralized blockchain technology. Providing a resilient, strong, innovative system for the UK in mind, the PoC serves as a response to changes within the fintech industry. The Bank looks to protect financial stability along with embracing innovation while keeping data integrity at the heart of the matter. Read more …

Everything You Were Afraid to Ask About Crypto Taxes

Busayo Ogunsanya is the CEO of AMUS Inc., an artificial intelligence tax platform, and the managing partner of BigAppleTaxReturn, a CPA firm in New York. The following article is an exclusive contribution to CoinDesk’s Crypto and Taxes 2018 series. Many cryptocurrency investors have made a fortune the past several years selling high-flying bitcoin and other cryptocurrencies for cash. Unfortunately, far too many of them in the U.S. did not report this taxable income to the IRS. The agency figures hundreds Read more …

Coinbase Adds ERC20 Support – Altcoins to Come? – CryptoCurrencyNews

CryptoCurrencyNewsCoinbase Adds ERC20 Support – Altcoins to Come?CryptoCurrencyNewsLate Monday evening, Coinbase announced its intention to add ERC20 support on its platform. Does this mean that the exchange will be adding more altcoins to its platform in the future? Currently, the exchange supports the buying and selling of only …Coinbase Opens Door to Altcoin Support with ERC20 Announcementbankinnovation.netCoinbase 'Paves Way' For New Altcoin Support With ERC20 UpgradeCointelegraphCoinbase will be listing Ethereum based ERC20 token soon with a secret pledgeAMBCryptoBitcoinist -The Coinbase Blog -Etherscan -The Read more …

Nvidia CEO Believes Cryptocurrency Is the Future, Will Be Core Business for Company

The CEO believes the need for GPU processors in the industry will help the company’s growth in the future. However, he claims that it will not be an immediate driver for profits just yet. Nvidia has been involved in cryptocurrency mining recently, a move which has seen its stock options decrease. However, despite the move, the CEO and founder of the company, Jensen Huang doesn’t see the cryptocurrency craze ending anytime soon. Speaking to Mad Money TV show host, Jim Read more …

Nvidia CEO Believes Cryptocurrency Will Be Core Business for Company

The CEO believes the need for GPU processors in the industry will help the company’s growth in the future. However, he claims that it will not be an immediate driver for profits just yet. Nvidia has been involved in cryptocurrency mining recently, a move which has seen its stock options decrease. However, despite the move, the CEO and founder of the company, Jensen Huang doesn’t see the cryptocurrency craze ending anytime soon. Speaking to Mad<br />Read More<br />The post Nvidia Read more …

PR: VR Casino OKO Is a New Project Based on OKOIN Tokens

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. VR Technology, the founder of the OKOIN, is launching a new project based on the same name token – VR Casino OKO. This is the third blockchain project, which tokenomics is based on the OKOIN Read more …

An Inside Look At China’s Government Controlled Cryptocurrency Project

Join our community of 10 000 traders on Hacked.com for just $39 per month. China, a country that has exerted more control over cryptocurrency than most, continues to move forward in its efforts to introduce a government-controlled cryptocurrency. A group of Shanghai reporters recently got a chance to learn about this secretive project during the Global Blockchain Summit Forum, sina.com.cn reported. The visit shed light on the extent of the government’s efforts to create a national cryptocurrency. The reporters visited Read more …

FBI Warns of Crypto Scammers Posing as Exchange Support Staff

Regulation The Federal Bureau of Investigation (FBI) has published a document seeking to warn citizens of the increasing prevalence of scams executed through fraudulently posing as technical support staff for a company. The FBI’s notes that virtual currencies are becoming “increasingly targeted by tech support criminals.” Also Read: Mailchimp Latest Company to Ban Cryptocurrency Advertising Cryptocurrency Tech Support Theft on the RIse The FBI has issued a warning emphasizing the “widespread” nature of “Tech Support Fraud” – which Read more …

NEO, EOS, LTC, IOTA and Lumens:Technical Analysis March 31, 2018

If Bitcoin is dead or not, that’s subject to interpretation. Of course, it also depends on if you are a supporter or not. In my opinion, if BTC depreciation continues, other (most) altcoins might follow suit. Besides Tron which is charting new heights and aiming for a spot in the top 10-its down 20% in the last 24 Hrs, others like LTC continue to face the sword. From our altcoins technical analysis, we might expect to see some slight recovery Read more …

Dash can be bought soon at 4,000 petrol stations and kiosks in Austria

The Austrian crypto broker Coinfinity will add the cryptocurrency Dash to its portfolio in addition to Bitcoin, Ethereum and Litecoin on April 1st. Specifically, this means that Dash can not only buy online on the web platform of the Graz-based company, but also through the service Bitcoinbon, which Coinfinity operates. This allows interested parties to buy the available cryptocurrencies in paper-wrapped form at about 4,000 petrol stations and tobacconists in Austria.Low costs and anonymity If you have such a coupon Read more …

Could Ford Enable Drivers to Pay in Crypto for Freedom of the Fast Lane?

A patent application filed by Ford describes a Cooperatively Managed Merge and Pass (CMMP) system that would allow drivers needing to travel quickly to use less congested lanes, and travel more freely, by paying other drivers in cryptocurrency. Other road users would move to slower moving lanes and allow a paying driver to merge or pass. Vehicle-to-Vehicle Cooperation to Marshal Traffic Primarily, the patent, filed on September 16th, 2016, describes a system for “vehicle-to-vehicle cooperation to marshal traffic” whereby compatible Read more …

Huobi Officially Launches in South Korea with 100 Cryptocurrencies

News Huobi has officially launched in South Korea. The platform facilitates the trading of 100 cryptocurrencies and 208 markets. The exchange is also creating an investor protection fund and program to immediately compensate for any losses that are not investor error. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Huobi Korea Launched Huobi Korea, a subsidiary of the Beijing-based crypto trading service provider Huobi, announced that it has officially launched on March 30. “Huobi Read more …