India’s Income Tax department targets bitcoiners after surveys on cryptocurrency exchanges
Dec 20, 2017 11:14 am UTC| Digital Currency
Following the recent surveys at nine cryptocurrency exchanges across cities, reports suggest that the Indian Income Tax Department is now looking into tax evasion possibility by high networth individuals (HNI) who are...

Dec 20, 2017 08:21 am UTC| Digital Currency
BTC/USD dropped to 15800 levels earlier in the day as it continued its downward trend from the past few session. It is currently trading at 16650 levels at the time of writing (Bitstamp). Ichimoku analysis of daily...
Bitcoin exchange Youbit to declare bankruptcy after hackers drain 17 pct of assets
Dec 20, 2017 06:51 am UTC| Digital Currency
South Korean bitcoin exchange Youbit has announced its plans to declare bankruptcy following a major hack, CoinDesk reported. In a message on its official website, the company said that at around 4:34 a.m., it lost...
Overstock’s blockchain subsidiary tZERO attracts over $100M in presale’s first 12 hours
Dec 20, 2017 05:56 am UTC| Digital Currency
Online retail giant Overstock.coms blockchain subsidiary tZERO has received over $100 million in commitments from investors in the first 12 hours of its token presale. The pre-sale launched on December 18. With this...
Chamber of Digital Commerce launches non-profit organization to support blockchain research
Dec 20, 2017 04:57 am UTC| Digital Currency
The Chamber of Digital Commerce has launched an affiliate organization, The Foundation of the Chamber of Digital Commerce. The nonprofit charitable organization will sponsor and support research and educational...
Japanese used car company Idom to support bitcoin payments
Dec 20, 2017 04:10 am UTC| Digital Currency
Idom Inc., an operator of a network of stores that buy and sell used cars throughout Japan, has announced its plans to add bitcoin as a payment method. The company has partnered with leading cryptocurrency exchange...
Monetary Authority of Singapore warns against cryptocurrency investments
Dec 20, 2017 03:32 am UTC| Digital Currency
The cryptocurrency markets recent spurt has caught the attention of the Monetary Authority of Singapore (MAS) which has urged investors to understand the risks when considering cryptocurrency-related investments. The...