KPMG, a global accounting services firm, is offering a tax-tracking tool through its Australia subsidiary on the first regulated Australian Exchange, Independent Reserve. The taxation of cryptoassets remains a confusing and inchoate field of accounting.
Former congressman and presidential candidate Ron Paul enjoys a wide fanbase on social media and among latter generations who have an interest in pro-liberty changes to governmental policy. He is famed for his positions on issues ranging from abortion and marijuana to business regulation, and he famously authored a book which aligns with the philosophyThe post 51% Attack? Bitcoin Wins Ron Paul Investor Poll [Again] appeared first on CCN
Friday's charges against Airfox and Paragon Coin may hint at how the SEC will regulate ICOs going forward.
Gabor Gurbacs is confident that the Uapproval of a bitcoin exchange traded fund (ETF) is inevitable. And he’s optimistic that the VanEck SolidX Bitcoin Strategy will be the first to deliver one to the world.The director of Digital Asset Strategy at VanEck/MVIS, Gurbacs, as of late, has become a leading voice on the space’s ETF pursuit at a time when industry chatter on the topic has never been louder. If you haven’t found him extolling the benefits of a bitcoin ETF on Twitter, you may have come across his interviews on Anthony Pompliano’s podcast and Ran Neu-Ner’s Crypto Trader show for CNBC Africa.“America wants a bitcoin ETF,” he told Ran Neu-Ner, “We’re close. It really depends on the SEC whether or when they’re going to approve it.”To find out more about what an ETF is, what it would look like for bitcoin and who alongside VanEck is vying for one, check out our November cover story.As confident as Gurbacs may appear, some might say the director is too confident in his surefire predictions. Historical precedent isn’t exactly in his favor, after all. The VanEck SolidX Bitcoin Strategy is one of only two proposals, the other being the Bitwise HOLD 10 Cryptocurrency Index Fund, that hasn’t seen a decision. As for the other filings, the SEC has rejected nearly every proposal that has come across its desk, although its last nine rejections, which were made at the staff level, are still pending review by ...
Cryptocurrency project TRON is launching an accelerator program to support developers as they build DApps and products on the TRON protocol
The Lightning Network continues to post steady growth.According to data from 1ML, the network is now supported by roughly 4,069 nodes, which house just over 12,500 payment channels, an average of 10.91 channels per node (at time of publication). Most of this growth has come in the later half of 2018, as the average age of each node is just 137 days old.With infrastructural growth, the network is also seeing an uptick in liquidity. The network’s collective capacity now stands at 198.32 BTC, which, at bitcoin’s current price, means the Lightning Network holds over $1 million worth of bitcoin for the first time in its less-than-one-year history. The average capacity for each node and payment channel comes in at 0.114 BTC ($633) and 0.019 BTC ($107) respectively, and with transaction fees at 1 sat (roughly $0.000056), the network’s promise to deliver low-cost microtransactions is holding up.A long-awaited development in the cryptocurrency space, the progress of the Lightning Network has been watched with great interest by the community. Heralded as a potential solution to Bitcoin’s the scalability problem, the Lightning Network operates as a secondary layer on top of Bitcoin’s base network. After its launch in early 2018, the Lightning Network saw immediate interest from developers, who began building various Lightning applications on the network. Alongside its use as a secondary layer for micropayments, ma...
With BTC price trading at its lowest since October 2017, ardent nocoiner Nouriel Roubini has taken another shot at Bitcoin. “The Mother of All Toxic Polutions” Nouriel Roubini, currently a professor at the New York University Stern School of Business, takes every chance he gets to bash cryptocurrencies and their “bubbly” and “scammy” nature. Naturally, as the cryptocurrency market plunged this week and as Bitcoin price lost over 13 percent of its price overnight, theRead MoreThe post ‘I Could Gloat’ – BTC Price On Its Way to Zero, Nouriel Roubini Says appeared first on Bitcoinist.com.
The U.S. Securities and Exchange Commission (SEC) has settled charges against two cryptocurrency companies which were accused of violating ICO securities offering registration rules. Both firms, Carrier EQ (Airfox) and Paragon Coin sold digital tokens in ICOs in 2017 after the regulator’s official stance on the ICO. Some crypto fundraisers can be considered securities offerings, according to...The post SEC Orders Airfox and Paragon to Return Millions to Investors on ICO Registration Violations appeared first on NewsBTC.
Microsoft has introduced its new blockchain-powered Azure development tools. The initial release “extends the [current] capabilities” of the Azure Blockchain Workbench - which “incorporates Azure services” for messaging APIs, “off-chain identity and data”, and key management into a “referenced architecture.”The referenced architecture can then be used to “rapidly build blockchain-based applications.” The latest software development kit (SDK) is aimed at helping to connect different interfaces, deploy smart contracts and blockchain networks, and “integrating data and systems.”
As is usually the case in the cryptocurrency industry, arbitrage opportunities are not exactly difficult to come by. Today is no different in this regard, primarily because the spreads of certain altcoins across different exchanges are shaping up rather nicely. There’s a lot of good money to be made in this regard, albeit some trades […]The post Crypto Arbitrage Today: Easy Profits With QTUM, XMR, BTG, and ETH appeared first on NullTX.