New Zealand Gov’t-Backed Institute Issues Grant to Crypto Wallet and Trading Service

New Zealand Gov’t-Backed Institute Issues Grant to Crypto Wallet and Trading Service New Zealand’s state-backed innovation institute Callaghan Innovation awarded a $330,000 grant to a local crypto wallet and trading service, according to a press release published Tuesday, Oct. 30. Callaghan Innovation issued an “R&D Project Grant” to a local crypto wallet and trading platform Vimba, a rebranded version of former MyCryptoSaver. Following the grant, the crypto startup is reportedly set to expand its offerings, as well as to list more cryptocurrencies and enable multi-signature crypto wallets. R&D Project Grants…

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Dogecoin beats the bear with a 10% growth as Bitcoin continues to move sideways

Dogecoin beats the bear with a 10% growth as Bitcoin continues to move sideways The infamous meme coin known as Dogecoin [DOGE] has once again beat the expectations of its holders, as it recovered from its decline earlier this week. The latest hike raised the price by 10%, marking its space as a gainer in the market where even Bitcoin [BTC], the market leader, has exhibited sideways movement. DOGE has experienced a period of steady decline over the past seven days, leading many to believe that the price will gain,…

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Canadian Bitcoin Exchange ‘Hacked or its a Scam? Says all funds are gone

Canadian Bitcoin Exchange ‘Hacked or its a Scam? Says all funds are gone A small Bitcoin exchange based in Alberta, Canada, has gone offline. Before their Twitter page went offline, MapleChange had announced on Twitter that they “[had] no more funds to pay anyone back.” In the way of an explanation, the exchange had, approximately one hour before deleting its Twitter page, said that a “bug” had enabled “some people” to withdraw all of the funds on the exchange. Educated readers may recall a time when Mt. Gox claimed similar…

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IRS Advised to Provide Better Guidance on Cryptocurrency Transactions

IRS Advised to Provide Better Guidance on Cryptocurrency Transactions The Information Reporting Program Advisory Committee is a body which was established before the Internet was a major consumer network and is a result of federal government reorganization and, importantly, efforts to modernize and improve the IRS brought about by the Omnibus Budget Reconciliation Act of 1989. The committee periodically suggests actions the IRS needs to take in order to improve its operations, specifically relating to how the IRS gathers information about taxpayers. This year’s public report is of interest to…

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Crypto Software Firm Blockchain Launches Ledger-Powered Hardware Wallet

Crypto Software Firm Blockchain Launches Ledger-Powered Hardware Wallet Crypto software company Blockchain has launched a new hardware device that integrates with its existing online wallet, developed in partnership with crypto hardware security firm Ledger, according to a press release shared with Cointelegraph today. A hardware crypto wallet is a form of so-called “cold storage,” which allows users to keep their crypto holdings and private keys offline in order to safeguard against theft via a remote attack. The new device, dubbed “Blockchain Lockbox,” is reportedly only compatible with the company’s online…

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Forbes came up with its Crypto Data Aggregator, in partnership with NewCity and trade.io

Forbes came up with its Crypto Data Aggregator, in partnership with NewCity and trade.io NewCity Digital and Forbes Media announced on Monday the launch of Forbes CryptoMarkets, a data-oriented portal focused on cryptocurrencies. The website, which uses the Forbes brand name, is currently in beta mode. The project has been developed in partnership with private investment company NewCity Capital and Swiss-based exchange trade.io. Forbes CryptoMarkets resembles the popular Coinmarketcap portal, but it also displays several indexes tracking different groups of cryptocurrencies. The new portal, which went live on Monday, aggregates…

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DeVere CEO said “Cryptomarket will grow by 50x in next 10 years”

DeVere CEO said “Cryptomarket will grow by 50x in next 10 years” When it comes to absurd predictions, there isn’t anyone as outspoken as Nigel Green, the chief executive at DeVere Group, who has claimed that the cryptocurrency market is slated to see an unprecedented round of growth. In a press release issued by the world-renowned finance-centric consultancy company, which brought attention to Bitcoin’s upcoming 10th anniversary, surprisingly enough, Green claimed that the iron grip that Bitcoin (BTC) has over the current cryptosphere will only be loosened over the next…

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HTC came up with its new blockchain focused phone which you can only buy in cryptocurrency

HTC came up with its new blockchain Centric phone which you can only buy in cryptocurrency HTC revealed its flagship smartphone on Tuesday, which is a blockchain centred phone. Exodus 1 is made while keeping in mind the security of the customer’s cryptocurrency. The blockchain-based phone is part of HTC’s shifting strategy regarding smartphones, which will prioritize software and intellectual property. It is available for pre-order at a price of 0.15 bitcoins or 4.78 ether tokens, which translates to about $960, and is expected to be shipped by December. The…

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‘Gaming Gone Wrong’ from gamer’s to thieves

‘Gaming Gone Wrong’ from gamer’s to thieves A group of Call of Duty players steal more than $3million in cryptocurrency. They hacked into cryptocurrency wallets of the victims after gaining access to their cell phones. One of the members got arrested by authorities after suspicion of being the part of the group who mastermind a scheme to steal more than $3 million in cryptocurrency. Chicago Sun-Times revealed details about a cryptocurrency hacking scheme a group of Call of Duty players allegedly carried out. According to the outlet, who cited unsealed…

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Russian Draft Bill Lacks Core Crypto Terms After Recent Edits

Russian Draft Bill Lacks Core Crypto Terms After Recent Edits Russian deputies have removed the definition of crypto mining from a draft bill on digital currency regulation ahead of its next reading in the State Duma, major local news agency Interfax reports Oct. 19. Consequently, the new law will not clarify tax issues for miners. The chairman of the Duma Committee on Financial Markets Anatoly Aksakov briefly explained the reason behind the deputies’ decision to eliminate a core crypto term from the bill: “Earlier we had some thoughts on Bitcoins,…

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