Stellar Lumens or Ethereum — Which One Is the Best Investment Opportunity?

In general, investing in cryptocurrency has proven to be a highly rewarding activity. The market is booming, and there’s a lot to gain. The starkest examples of this are big coins like Bitcoin and Ether, which have seen enormous gains in the past year. If you had bought a single Bitcoin early last year, you’d now be about $8000 richer (at the time of writing). These giant coins have sucked in much of the media attention, and present relatively ‘safe’ investments for now. However, other coins in the space offer…

UN’s World Food Programme Builds On Ethereum Blockchain Cash Transfers

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The United Nations’ World Food Programme is expanding its Ethereum-based blockchain payments system to avoid the transfer fees incurred via the traditional banking system. Over a year ago in January 2017, the World Food Programme (WFP) successfully tested ‘Building Blocks’, an early experiment that enabled the transfer of WFP food and cash on a public Ethereum blockchain through a smartphone app, to vulnerable families in Pakistan. “Blockchain technology, most famously associated with the crypto-currency Bitcoin, offers unique…

EXMO Cryptocurrency Exchange to Launch Margin Lending , Announces Crowdsale Backed by Desmond Marshall

EXMO is trying to position itself as a leading cryptocurrency exchange platform that is ahead of the curve, 5 years following its launch in 2013. As part of that effort, the thriving crypto-exchange platform has announced the launch of its very own EXMO Coin crowdsale – starting April 26th and set to end on May 26th, 2018. The token sale is set to boost support for its goal to add a Margin Loan service on the exchange platform. This move will fall in line with a set of programs that…

S&P Global: Bitcoin Is Unlikely to be a Destructive Force in the Finance Sector…For Now

A market intelligence group has said that cryptocurrencies such as bitcoin are a long way off from being a destructive force in the financial sector. In a research note published today S&P Global wrote that digital currencies were unlikely to have an impact despite increased public interest unless they are regulated, reports Business Tech. According to lead Dr Mohamed Damak, the group highlighted that bitcoin is showing signs of being in a bubble for four reasons: there is a limited number of coins in circulation, the market is highly volatile, a…

Deloitte Blockchain Tax Head: Misconception on Reporting Cryptocurrency Tax

The blockchain tax lead at Deloitte has said there is a misconception that investors only have to report their cryptocurrency tax when their coins have been traded back into Canadian dollars. According to Alexia Hefti, another incorrect belief is that investors actively trading digital currencies don’t need to record those trades. In a report from CBC News, Hefti explained: A lot of Canadians this year have been trading different types of cryptocurrencies — so for example bitcoin to ether, ether to litecoin, and so on — each of those transactions is…

Ethereum Blockchain Startup Partners Thai Government on KYC Program

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Thailand could soon figure among the earliest countries to officially implement blockchain technology. News broke today that Omise (the company behind the OmiseGO project) and the country’s Ministry of Digital Affairs had signed a Memorandum of Understanding. It’s a move that will see the parties collaborate in order to develop a nation-wide digital identity verification and online payment system. The Thai government will use Omise infrastructure to provide its citizens with a National Digital ID, which it…

Founder of Algebraix Comments on Facebook’s Cryptocurrency Ad Ban

In 2017, initial coin offerings (ICOs) became a landmark feature as they entered the mainstream. According to fintech analytics provider Autonomous NEXT, ICOs raised $4.2 billion in 2017, eclipsing the $225 million raised the previous year. Even though ICOs have been around for years, they gained new heights of interest last year aided by celebrities such as Paris Hilton and Floyd Mayweather Jr. promoting ICOs. With this rise in ICO funding, so too has there been an increase in advertising for this new form of fundraising. Yet, this has seen…

Equity Markets vs. Cryptocurrency Markets: Weekly Perf… | News

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Both equities and cryptocurrency markets rallied together last week, as each recovered prior losses. Investors will continue to watch for signs of inflation and the trend of rising rates. The 10-year US Treasury yield has been leading global rates higher, hitting a four-year…

Bitcoin Divorce Presents New Challenge for Rabbinical Court in Israel

Regulation While some state authorities and financial regulators might deride bitcoin, more people are using the cryptocurrency in their everyday lives. This has recently become evident by divorce cases around the globe involving bitcoin, with the latest example coming from Israel. Also Read: Half of Large British Businesses Hold Stockpiles of Cryptocurrency Bitcoin Wedding Jewish groom signing a ketubah at his wedding A rabbinical court in Israel is now facing a bitcoin-related quandary for what appears to be the first time ever. The religious tribunal is asked…

CFTC Offers $100,000 Bounty to Crypto Pump-and-Dump Whistleblowers

Featured The US Commodity Futures Trading Commission (CFTC) has created a bounty to encourage whistleblowers coming forward in exposing “pump-and-dump” schemes. “Customers should not purchase virtual currencies, digital coins,” the CFTC warned, “or tokens based on social media tips or sudden price spikes. Thoroughly research virtual currencies, digital coins, tokens, and the companies or entities behind them in order to separate hype from facts.” Also read: Citibank India Bans Bitcoin  Pump-and-Dump Bounty To eat at scammers’ anonymity at least, the CFTC is offering, “If you have original information…