Category Archives: ethnews

MtGox’s Karpelès Could Face 10 Years In Jail For Embezzlement

December 13, 2018 12:46 AM Court proceedings may have stalled his prospects for employment as well as his own development project. The ex-CEO of the failed MtGox exchange, where 850,000 Bitcoins vanished in 2014, could now face 10 years in jail. Mark Karpelès has been subject to legal proceedings in Japan for criminal allegations of embezzlement and breach of… Read More »

KFC Venezuela Hasn’t Joined The Crypto Coop Yet, But Church’s Chicken Just Laid Its Golden Egg

December 13, 2018 12:21 AM After a clarification from KFC Venezuela’s CEO, and an apology from Dash, Church’s Chicken makes a big announcement. On December 7, Mark Mason, director of media and PR for Dash News, tweeted that the cryptocurrency Dash would be accepted as payment at KFC Venezuela locations in Caracas, with 24 more locations to be… Read More »

Gemini Launches Mobile App

December 12, 2018 11:28 PM Gemini co-founder and CEO Tyler Winklevoss published a Medium post yesterday announcing the release of the Gemini Mobile App so that users of the cryptocurrency exchange can “trade on the go.” Available on Apple’s App Store and Android’s Google Play marketplace, the app allows users to buy, sell, send, and receive cryptocurrency; view… Read More »

UK Crypto Trading Platform Cubits Goes Under, User Funds Blocked

December 12, 2018 10:06 PM The exchange claims that its payment processor swindled it out of a small fortune. Per a press release issued December 11, the UK firm Dooga Ltd. – operating under the crypto exchange name Cubits – shut down operations, ostensibly as the result of a February 2018 “criminal act” involving the loss of €29… Read More »

IBM Hopes To Strengthen ‘Do Not Call’ Registries With Blockchain

December 12, 2018 7:23 PM Wouldn’t it be nice if your requests to be left off of telemarketers’ lists were immutable, rather than just ignored? The Economic Times is reporting that IBM is working with Indian telecoms to develop a blockchain solution for mobile number portability and “Do Not Call” registries. “We have completed proof of concepts and… Read More »

Something Is Rotten In The State Of Denmark As It Investigates Taxes Owed On Bitcoin Gains

December 12, 2018 8:56 PM The Danish tax agency says it has identified 2,700 individuals who owe, but whether the bitcoin gains are taxable is unclear. Much like madness in great ones must not unwatched go, Skattestyrelsen (SKAT), Denmark’s tax agency, has decided that taxes not paid on bitcoin gains will no longer go unwatched. In a recent… Read More »

Daily Byte: Wednesday, December 12, 2018

December 12, 2018 6:52 PM Spain proposing crypto guidelines, FinTech may be a threat to global markets, and UAE and Saudi Arabia team up with crypto. Spanish Ruling Party to Introduce Crypto Regulations Spanish newspaper La Vanguardia is reporting that Partido Popular, the ruling party in the Spanish Parliament, will be introducing a draft bill on cryptocurrency and… Read More »

Ethereum Community Educates The CFTC

December 12, 2018 11:29 PM Yesterday, the CFTC asked for information to help it understand Ethereum. The community has been quick to respond. On December 11, the Commodity Futures Trading Commission (CFTC) published a Request for Input (RFI) seeking comments on the “underlying technology, opportunities, risks, mechanics, use cases, and markets” associated with Ether and the Ethereum platform.… Read More »

Where’s The Beef? Australian Insurer Joins BeefLedger’s Blockchain-Based Supply Chain Trial

December 11, 2018 8:07 PM National Transport Insurance is participating in a blockchain pilot to track Australian beef’s journey abroad. Australia is a dominant player in the global beef market, with over 45,000 cattle producers across the country, according to data from public research authority Meat & Livestock Australia. From 2016-2017, Australia’s cattle farmers produced more than 2… Read More »

UNICEF’s Innovation Fund Reveals First Round Of Blockchain Technology Investments

December 12, 2018 12:59 AM The six initial companies will begin their 12-month development period in January 2019, and as the projects develop, the Innovation Fund hopes to bring in more investments and establish a larger blockchain community. After sending out a “blockchain call” in January 2018 looking to invest in early-stage technology startups that had the potential… Read More »