Category: Business

Telegram Founder Launches Secret Second Presale of Homegrown Cryptocurrency

Telegram Founder Launches Secret Second Presale of Homegrown Cryptocurrency © Sputnik/ Kirill KallinikovBusiness13:10 22.02.2018Get short URL 0 0 0 Earlier this week Pavel Durov, founder of Telegram and Russian social network Vkontakte, reported he had raised $850 million from 81 investors for the “development of the TON Blockchain, the development and maintenance of Telegram Messenger.” […]

Venezuela’s Maduro Announces Another Cryptocurrency, Now Gold-Backed

Venezuela’s Maduro Announces Another Cryptocurrency, Now Gold-Backed © REUTERS/ Marco BelloBusiness06:34 22.02.2018Get short URL 0 20 MEXICO CITY (Sputnik) – Venezuelan President Nicolas Maduro said Wednesday his government was preparing to launch a new gold-backed cryptocurrency token next week. “I don’t want to get ahead of things, but we have prepared a surprise, a gold-backed ‘petro,’ which will […]

Traders Are Bullish on Bitcoin Rival Ethereum, Here Is Why

Traders Are Bullish on Bitcoin Rival Ethereum, Here Is Why © Sputnik/ Evgeny BiyatovBusiness06:00 22.02.2018(updated 06:22 22.02.2018) Get short URL 0 0 0 The price of the world’s 2nd most valued cryptocurrency, Ethereum, on Wednesday dropped below $870. However, cryptocurrency experts bet on the coin’s long-term chances. Ethereum largely held steady at around the $900 mark […]

Hedge-Fund Founder Who Devastated Argentina Calls Bitcoin Immoral

Hedge-Fund Founder Who Devastated Argentina Calls Bitcoin ImmoralCC0Business17:44 21.02.2018(updated 17:48 21.02.2018) Get short URL 0 0 0 Paul Singer, founder of the Elliott Management hedge-fund, has repeatedly expressed his views on cryptocurrencies, dismissing the technology as “one of the most brilliant scams in history.” Commenting on the highly popular digital currencies, Singer, often called a “vulture” […]

Venezuela’s Cryptocurrency Raises $735Mln, to Be Used in Oil Trade

Venezuela’s Cryptocurrency Raises $735Mln, to Be Used in Oil Trade © REUTERS/ Marco BelloLatin America12:19 21.02.2018(updated 12:22 21.02.2018) Get short URL 0 0 0 President Nicolas Maduro has announced that preliminary sales of Venezuelan cryptocurrency el petro have already reached $735 million. On February 21, Venezuela formally launched el petro, becoming the first country with its […]

Bitcoin an Asset, Not a Currency: Israel Issues New Tax Regulation

Bitcoin an Asset, Not a Currency: Israel Issues New Tax Regulation © AFP 2018/ JACK GUEZBusiness19:48 20.02.2018Get short URL 0 01 The local tax authority ruled that digital currencies aren’t money, but rather an asset, and thus will be taxed accordingly. Israel’s Tax Authority stated on Monday that people purchasing and selling bitcoin will be subject […]