All generated revenues from cryptocurrency operations will be taxed in Azerbaijan, said Nidjat Imanov, Deputy Director of the Department of Tax Policy and Strategic Studies at the Ministry of Taxes. Imanov made clear the position of his department during the Financial and Investment Forum that was held in the capital Baku. He stated: “This is formalized as a profit tax for legal entities and income tax for individuals. If a person bought a cryptocurrency and then sold it after its price has increased, this amount is recorded as income and therefore should be attracted to taxation.” Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/azerbaijan-will-subject-tax-on-cryptocurrency-net-sales/ |
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Propy Unveils Product Roadmap Update Propy, the global real estate marketplace with a decentralized title registry, continues to revolutionize the real estate industry. Shortly after being listed on two of the top exchanges, Bittrex and Upbit, the company released a new technology-focused roadmap for 2018. Propy was founded in 2016 by CEO Natalia Karayaneva, a real estate developer with a background In software engineering, After a successful token sale, the blockchain start-up completed the first transaction on their smart contracts, in October 2017. Since then, Propy has delivered new app releases and deployed blockchain registry pilots in Ukraine, Vermont, USA and a first historical deal in California is expected soon. Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/propy-unveils-product-roadmap-update/ |
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Yumerium: From “Pay-to-Play” to “Earn-to-Play” Yumerium is a new ecosystem of several games that allow you gamers, publishers and developers to earn. Today it is built around the game CryptoMine — a strategy in which you will need to build factories for the extraction of precious stones. Participants receive income, participate in lotteries for the distribution of “legendary stones” with special value. In future, each developer will be able to post their games on the Yumerium platform. Each game will be initially placed with “seeding funds” in the form of YUM currency, which developers can spend on marketing, in order to attract players to a new game. In the future, gamers will be able to earn (or “get”) YUM tokens playing, inviting other players or posting reviews about the game. YUM tokens will be accepted in all games on the Yumerium platform. The authors of the project expect that with the passage of time the number of games will increase significantly. Read more: https://medium.com/@Vladar49/yumerium-from-pay-to-play-to-earn-to-play-e54c139d94a1 |
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An OpenBlock Extension Openblock is extending its borders on all fronts as they welcome new ICO advisers, aculeate more funds and further their revolution in the making. OBCs project utilizes the power of AI to allow people from around the world to day trade without actually having to participate actively; this is thanks to OBI- OBCs AI trading bot. With OBI, so many more incredible possibilities are strengthened and accessible to everyone wanting to get involved in the innovation that is OBC. In a message addressing their community, Openblock dropped some delightful bombs and opened up the way to an even more so wonderful set of circumstances to both benefit contributors and company alike. Openblock has been working on a list of exciting and new additions to grab the whole crypto scenes attention, learn more about them below. Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/openblock-extension/ |
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OIN SPACE Decentralized Ecosystem to Confirm and Protect Authenticity of Any Purchase OIN SPACE, the blockchain-based consumer trust ecosystem allowing to confirm authenticity of any purchase, today announced its plans to conduct a $ 30M ICO. OIN SPACE will allow the confirmation of authenticity of any purchase — such as, but not limited to, clothing and footwear, alcohol, essential consumer goods, tickets, medicines. In the OIN SPACE ecosystem, the authenticity of products will be warranted by a blockchain protocol, eliminating the chance of counterfeiting, copying or bypassing the security system. Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/oin-space-decentralized-ecosystem/ |
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Richard Branson, Chief Executive Officer of Virgin Group has warned the public using his twitter handle and official Virgin website against the dangers of fake bitcoin scam. According to his current blog post “Beware of fake bitcoin scam stories,” he expresses his interest in bitcoin scam fairytales, especially those involving his name. Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/beware-of-fake-bitcoin-scam-stories/ |
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Smart Bitcoin Banknotes Were Launched with a Pilot in a Singaporean Mall As bitcoin has gained wide acceptance around the world, a Singaporean startup firm Tangem announced the start of its bitcoin banknotes sale on Thursday. The physical banknotes corresponding to virtual coins can be purchased in denominations of 0.01 and 0.05 BTC at the Suntech City shopping centre. “Available immediately in denominations of 0.01 and 0.05 BTC, Tangem Notes radically improve the simplicity and security of acquiring, owning, and circulating cryptocurrencies for both sophisticated and incoming users,” the announcement says. Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/smart-bitcoin-banknotes-were-launched-in-singaporean-mall/ |
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Bitcoin is regarded as the most popular cryptocurrency powered by blockchain technology today. Its value fluctuations raise a lot of attention on the world’s financial market. During the last seven days, the bitcoin price has stabilized at a mark of around $9,000, gaining almost %1.54. Having experienced some price corrections, bitcoin finally stabilized around the $9,000 mark. That is almost a half from its recent lows, a good sign for traders. The main question is whether the virtual coin can gain and overcome the old highest marks. Some experts believe in it, giving the following argumentations. Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/bitcoin-news/ |
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Goldman Sachs to Begin Bitcoin Trading Operation In Future San Francisco giant banks and other financial institutions have tried to keep away from scandal-tainted virtual currency bitcoin. The financial giants will start trading bitcoin futures for clients instead of buying and selling actual cryptocurrency, but that may come in future. Goldman Sachs is currently moving forward with plans for setting up what looks to be the first bitcoin trading operation at a Wall Street bank regardless of its own previous caution concerning the sector. It is almost trading with clients in a wide range of products that will be connected to the bitcoin price. Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/goldman-sachs-to-begin-bitcoin-trading/ |
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FTC Plans To Host Consumer Protection Workshop amid Rising Crypto Scams The US Federal Trade Commission (FTC) is considering to hold a big workshop in June on cryptocurrency scams and fraud. This workshop will be titled "Decrypting Cryptocurrency Scams" according to a press release published on April 30 and its main objective is to educate the people about the risks that are in the crypto sector. Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/ftc-plans-to-host-consumer-protection-workshop/ |
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UK Traders Ask the Government to Put Regulations on Cryptocurrency Market British crypto traders are dissatisfied with the current situation on the financial market. They asked the government and the Financial Conduct Authority (FCA) to enact tougher rules for the trade of virtual coins and to certify crypto exchanges that show compliance. According to reports, Iqbal V Gandham, chair of CryptoUK, said: “Introducing a requirement for the FCA to regulate the “on-off” ramps between crypto and fiat currencies is well within the remit of HM Treasury. Based on our analysis, this could be achieved relatively easily, without the need for primary legislation, and would have a huge impact, both in reducing consumer risk and improving industry standards.” Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/uk-traders-ask-to-put-regulations-on-cryptocurrency-market/ |
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UNICEF Australia Helps to Raise Funds for Charity by Mining Cryptocurrency The United Nations Children’s Fund (UNICEF) Australia has set up a website that uses user’s computer power for mining the digital currency called Monero. All raised funds are going to be spent for the necessary products for vulnerable children around the world. On April 30, the charity organization revealed a website called The Hope Page for in-browser cryptocurrency mining, which sends all earned money to children. Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/unicef-australia-to-raise-funds-by-mining-cryptocurrency/ |
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Japanese Authorities Asked Crypto Exchanges to De-list Altcoins Like Monero, Dash and Zcash Japan’s Financial Services Agency (FSA) has allegedly strengthened its position towards domestic cryptocurrency exchanges. The financial institution wants them to remove from the trading list altcoins which give, as they state, an opportunity to conduct anonymous transactions, facilitate illegal activity, and enhance money laundering. The Japanese FSA is looking at the possibility to delist a number of anonymous altcoins, especially Monero, Dash, and Zcash from local digital currency trading platforms. Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/japanese-authorities-to-de-list-altcoins/ |
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The Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority (FSRA) has newly forthput a legislative framework that includes new rules governing cryptocurrency exchanges, custodians plus other intermediaries. The regulatory consultation paper on cryptocurrencies was published on Monday 30th April. The UAE-based financial institution claims its proposed regulation that was termed as 'Spot Crypto Asset Framework," that will make it possible to address the new risks posed by cryptocurrency trading. Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/abu-dhabi-suggests-new-regulatory-framework/ |
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MasterCard, the world’s payments colossal, is planning to patent a way to add a new node to a blockchain network quickly, according to new filings revealed recently. On Thursday last week, the U.S. Patent and Trademark Office published a patent application and in this application, the company outlines a way by which nodes can pair with and substantiate the contents of a specific blockchain and this great idea is to increase the speed at which the nodes can be always up-to-date. Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/mastercard-to-sync-blockchain-data-by-fast-track-method/ |
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16 Cryptocurrency Exchanges have Obtained a License in Venezuela As the pre-sale period for the country’s digital currency Petro finished, the President of Venezuela, Nicolas Maduro has announced the project collected more than 3 billion dollars. He has also certified 16 crypto exchanges, hoping they will add the Petro to their trading lists. “The certification of these 16 exchanges is a demonstration of confidence in the system of the Petro, as a cryptocurrency, and will allow liquidity and solid transactional volume,” Maduro said during the inauguration of the Venezuela Power Expo 2018 in Caracas. Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/16-cryptocurrency-exchanges-in-venezuela/ |
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Fintech Startup DirectHome to Offer Cash Back and Token Rewards Leading real estate service provider DirectHome enables its platform users to buy, sell and rent properties without the need or cost for an agent. The platform is the world's first to offer cash back and rewards to contributors via Tokenomics, thus integrating blockchain technology with real estate transactions. DirectHome has recently increased its profile with the launch of the token generation event for their token DIREC. The global business is a decentralized, crowd-sourced, transactional platform, designed to provide the complete real estate database while facilitating property transactions between all existing stakeholders. The company are presenting the public with an ecosystem, via the ERC20 blockchain, with smart contract implementation within the tokenomics infrastructure. Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/directhome-to-offer-cash-back-and-token-rewards/ |
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Bulleon-A Blockchain-based Financial Transaction Platform Announces Addition of Top 3 Blockchain Advisors to its Team Blockchain business development can never be possible without hiring the best human resources available in the space. It is such a competitive business area, and with all these new coin offerings and developments in decentralized technology, human resources can be the cutting edge that make a difference in the end. Top cryptocurrency innovators and entrepreneurs are very successful these days and decentralized platforms pay top dollar or stakes in their companies to get them onboard. Bulleon, a Blockchain-based fundraising and financing platform has announced that three experienced professionals have recently joined their team. The members include Vladmir Nikitin, Phillip Nunn and Nikolay Shkilev. Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/bulleon-a-blockchain-based-financial-transaction-platform/ |
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Fake Giveaway from Durov: Scammers have Stolen a Twitter Account to Pose as Telegram CEO Having taken advantage of Telegram’s downtime, crypto giveaway scammers offered users free cryptocurrency on behalf of Pavel Durov as an apology and gratitude for support. To do that, they hijacked the Twitter account of a Swedish musical band Club 8 and made it look exactly like Durov’s. On April, 29, Pavel Durov announced there might be server problems on the Telegram network causing downtime for European users. Two hours later, scammers announced their giveaway having disguised it as Durov’s post. Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/fake-giveaway-stolen-account-to-pose-as-telegram/ |
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