Despite promises of decentralization bringing innovative transformation to all corners of society, many of blockchain’s anticipated disruptions have yet to materialise. One sector that has been disrupted, however, is law. The potential that bitcoin gives an individual to take ownership of their finances is creating cause for concern in the courts, where legal complications are…
Popular e-commerce entrepreneur and business owner Jared Goetz has made a career out of being ahead of the marketplace and adapting his companies to new trends. At the age of 21, Jared made his first million, then went on in the years to come to run other businesses that have made millions of dollars. He has been…
XBT and BTC – How Were these Acronyms Adopted? XBT or Bitcoin was created by Satoshi Nakamoto in 2009. Satoshi Nakamoto did not specify any abbreviation for Bitcoin and BC was the acronym originally adopted. Exchanges specified Bitcoin as BTC, and it caught on. ISO 4217 standard is a non-governmental organization that specifies currency codes…
EOS is a blockchain-based operating system that has been developed by software company Block.One. The company is composed of notable names within the cryptocurrency space including Dan Larimer, the creator of Bitshares and Steemit, who also invented the Delegated Proof-Of-Stake consensus algorithm. Due to its accomplished team and its promise of a highly scalable blockchain…
Japan Cryptocurrency Tax: Taro Aso, the Deputy Prime Minister and the Minister of Finance for Japan, has concerns over cryptocurrency taxes in his country but believes it to be doubtful that the public would accept any changes made to the cryptocurrency taxation law. Japan Cryptocurrency Tax Currently, cryptocurrencies are taxed as “miscellaneous income”. Items taxed under…
Well, that’s it, folks! Day 12 of the Crypto World Cup has concluded, and the competition is heating up. Monday’s matches saw Brad Garlinghouse shut out CryptoYoda, putting the Ripple CEO at 9 points. We also saw David Sønstebø defeat Erik Voorhees in injury time, a cruel end to a game that favored Voorhees. Next, Tim Draper…
A new Bitcoin ranking has been released, and the BTC position might surprise you. Don’t worry, it’s overall placement is still number one by market cap, but China released a new listing of its top blockchains and Bitcoin didn’t fare so well. Spoiler alert – Bitcoin didn’t even make the top ten. Bitcoin Ranking By…
Frank Fu, a top representative from China’s top photo-retouching app, will now lead the Huobi U.S. (HBUS) team. Fu held many executive positions at Meitu Global but was most recently managing director of Meitu Global and international investment. The Meitu executive will be joining HBUS as its new CEO and will manage the day-to-day operations…
Jack Ma Bitcoin Bubble: Yet another well-known figure has come forward to express his thoughts on the cryptocurrency sector. The figure, who is Jack Ma, spoke specifically of Bitcoin (BTC) — and his thoughts weren’t exactly in favor of the cryptocurrency. Jack Ma Bitcoin Bubble: True or False? On Monday, Jack Ma, a Chinese billionaire and…
It’s green skies for crypto today, including EOS and Litecoin (LTC). What’s happening with these coins? EOS EOS is currently selling for $8.34, which puts the coin up 14.06% in the past 24 hours. Source: CoinMarketCapEOS had a bumpy start to its mainnet launch, to say the least. And the hiccups certainly aren’t over yet.…
