Thailand To Use Blockchain To Fight Against Tax Fraud

Thailand’s Revenue Department has planned to use the blockchain technology for tracking value-added tax (VAT) payments in the country. According to the reports, the department wants to implement blockchain to prevent fraudulent VAT refund activities in the country. The VAT is a kind of consumption tax levied on goods and services. …

Cryptocurrency Nuclear Winter Is Near
Cryptocurrency News

Cryptocurrency Nuclear Winter Is Near

Cryptocurrency has been a subject of constant debate and speculation throughout 2018. It is quite apparent that this year has not been a pleasant one for the crypto market. The poor performance has caused a worry among investors about market recovery, while major players in the finance industry continue to …

Crypto Trader Kidnapped and Tortured
Crypto Hack

Crypto Trader Kidnapped and Tortured

A cryptocurrency trader from Lanseria, South Africa named Andrew was lucky enough to escape death. He was kidnapped, tortured and drugged by a group of individuals who had originally invited him for a cryptocurrency presentation. According to the South African publication Soweto Urban, Andrew made a contact on Facebook who …

Ethereum Classic Shutting Down Amidst Financial Woes

Ethereum Classic’s (ETC) leading development firm is shutting down its operations. ETCDev has struggled to raise the needed funds which were necessary to continue their operations. The company has not been operating for the past two and a half years. The bearish run of the cryptocurrency market is partly responsible …

Japan To Announce New Cryptocurrency Regulations | Coindelite News
Crypto Regulations

Japan To Announce New Cryptocurrency Regulations

The Japanese news outlet Jiji has announced that the country’s financial regulators are all set to introduce new Initial Coin Offering (ICO) regulations. The new rules aim to protect investors from fraudulent activities. The report said that startups that conduct ICOs should register with Japan’s Financial Services Agency (FSA). The agency …

Ex-Huobi Executive Launches Crypto Exchange
Crypto Exchange

Ex-Huobi Executive Launches Crypto Exchange

Even though the state of the cryptocurrency market is far from ideal, it seems that people are still looking to make it big. James Ju, the tech entrepreneur has been successful in bringing investors on board to fund his upcoming cryptocurrency project. Ju is a former Chief Technical Officer at …

North Korean Hackers Target Individual Crypto Investors
Crypto Hack

North Korean Hackers Target Individual Crypto Investors

After enduring the sanctions aimed at its illegal nuclear weapons program and experiencing extreme exhaustion of financial reserves, North Korean hackers have come up with a new strategy to increase the country’s cash reserves; stealing crypto assets from individual investors. In a report from the South China Morning Post (SCMP), …

Cryptocurrency Billboard Campaigns Launched by HBUS
Crypto Exchange

Cryptocurrency Billboard Campaigns Launched by HBUS

While the cryptocurrency market appears to be in a panic, companies such as HBUS are going all in on digital currencies. The company recently rolled out a cryptocurrency-themed billboard campaign to raise awareness about digital assets among the general population. The company is an exclusive U.S partner of Huobi, the …

Asus Game Users Can Now Mine Cryptocurrencies | Coindelite News
Crypto Mining

Asus Game Users Can Now Mine Cryptocurrencies

Asus, the Taiwan based electronics company is now allowing the gamers to use their graphics cards to earn profits from cryptocurrency mining. On Thursday, the company announced that it has partnered with mining app provider Quantumcloud. The partnership aims to allow gamers to earn income by allowing access to their …

Bitmain Announces Cryptocurrency Index
Crypto Mining

Bitmain Announces Cryptocurrency Index

Bitmain, the world’s biggest supplier of cryptocurrency miners is entering new avenues. The company is looking to set a ‘gold label’ standard to the cryptocurrency market and blockchain companies. This announcement will help investors and users increase the trust in the cryptocurrency industry. The crypto mining giant has announced the …

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