#bitcoin

This May, Russia’s Federal Tax Service (FTS) received an internet request from a cryptocurrency user who asked it to clarify whether it’s necessary to provide reports on cryptocurrency buy/sell operations between residents and non-residents. The FTS’s response outlines some interesting issues in this grey legal zone.

The USMS has announced a new auction to sell bitcoins seized under several criminal proceedings, including Silk Road. The auction is to take place on August 22. Overall amount of bitcoins to be sold comprises 2,718 (nearly $1.6 million at current exchange rate). The USMS has stated that the lion’s share of the coins (1,294 […]

Australia is about to become one of the first countries to use anti-terrorism laws in relation to cryptocurrency.

August 7, Bitfinex website posted a message stating that the service will be back online soon. In two days’ time, the website will run in a restricted mode, thus enabling the customers to check their accounts.

International organization called DAO Donbass is about to launch operations in Ukrainian city of Donetsk, which currently is uncontrolled by Ukraine’s government. The company’s plans suggest using bitcoin and blockchain to bypass economic sanctions imposed due to the ongoing warfare in the region.

Abrupt plunging of bitcoin price in the wake of a ruthless attack by an equally ruthless hacker who had stolen nearly 120,000 BTC from Bitfinex has surprisingly benefited the cryptocurrency in a way.

Buenos Aires-based startup RSK has announced several cryptocurrency companies has joined its initiative known as RSK Federation.

Hong Kong-based exchange Bitfinex has stated that the losses incurred due to the recent hack may affect all of its users, including those whose wallets were not hacked in the first place.