Search Results for: bitcoin transactions
The IRS is Targeting Bitcoin Transaction Records of Coinbase Users
November 18th, 2016
Transaction records of Coinbase users, specifically bitcoiners, have been targeted by the Internal Revenue Service (IRS), according to a federal case filed in the U.S. District Court in the California Northern District Court. First revealed by ZeroHedge on a late Thursday ...
Bitcoin Prices in India Soar Amid Demonetization Drive
November 15th, 2016
Prime Minister Narendra Modi’s decision to combat the underground economy is a blessing in disguise for companies working in the cashless space, which includes mobile wallets, card companies and even bitcoin. Bitcoin, the eight-year old virtual currency, has been gaining ...
The world’s biggest bitcoin wallet provider will have a record month thanks to Trump
November 14th, 2016
The world’s biggest bitcoin wallet provider will “pretty easily” have its biggest ever month for activity in November, following a surge in use after Donald Trump’s shock election victory in the US. Peter Smith, the cofounder and CEO of ...
Gold and Bitcoin jumps after Trump win; investors seek safe assets
November 10th, 2016
Digital currency joins gold surge as bitcoin price climbs nearly 4% after Trump win Trump’s shock election wins sent shock-waves across the world’s financial markets. As uncertainty reigned supreme, investors turned away from equities and towards bitcoin. Joining the ...
New bitcoin rival promises anonymity for online purchases
November 2nd, 2016
A new cryptocurrency launched late last week, claiming to allow users to make online purchases anonymously and sparking controversy and a negative reaction from the authorities. Zcash launched last Friday and is currently worth $498 dollars per coin, in ...
Swiss rail ticket machines to sell bitcoins
November 1st, 2016
Bitcoin users will soon be able to buy the digital currency from Swiss rail ticket machines. The pilot project starts on November 11 and will initially last two years to see how much demand there is for the service. ...
In China, Two Cities Mirror Blockchain-Bitcoin Divide
October 17th, 2016
Beijing and Shanghai, China’s two most populous and developed cities, are often reminiscent of two siblings. They are similar, but each has its own distinct character. In this light, some rivalry is as inevitable, and it’s now spilling over ...
Over 8 million Bitcoin wallets left inaccessible as Blockchain.info hit with DNS hijack
October 14th, 2016
Blockchain.info, one of the most popular online Bitcoin wallet services in the world, was forced to take its service offline this week (12 October) after suffering a DNS hijack that left its 8 million-strong userbase vulnerable to cyberattack. The ...
Spain to impose Taxation on Bitcoin Miners
October 3rd, 2016
A recent notice from the official taxation authority in Spain sees bitcoin mining fall under the purview of an economic activity, opening cryptocurrency mining to taxation. Bitcoin and cryptocurrency miners in Spain will see taxation of their profits, a ...
Regulators Block Sale of Bitcoin Miner Avalon
September 30th, 2016
A deal that would have seen Chinese manufacturer Shandong Luyitong purchase bitcoin mining hardware firm Canaan is no more. The deal is said to have been scuttled as a result of apprehension on the part of regulators from the Shenzhen ...