Today's Hot Topics

Quebec Halts All New Cryptocurrency Mining Operations

Philippe Couillard, the premier of Quebec has temporarily put a stop to all of the new cryptocurrency mining operations being conducted in the Canadian province alongside the state-owned Hydro-Quebec Distribution company. All Offshore Applications Have Been Halted Quebec is known for the fact that it is able to produce cheap electricity and in abundance. That is why it is a popular destination for many cryptocurrency mining industries looking to carry on their cryptocurrency mining operations. Quebec however, has put a halt to all operations saying that even though it has  a lot of electricity being produced to meet all the...

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ivyKoin(TM) ICO Surpasses Expectations

In an official press release today, ivyKoin(TM) have announced the outcome of their recent ICO. Initially ivyKoin(TM) had set an Initial Coin Offering (ICO) target of $15M, however due to an unprecedented demand, the offering became somewhat over-subscribed with ivyKoin(TM) eventually going on to accept $16.5M worth of bids. Gary Fan, President of ivyKoin(TM) has commented on the success of this ICO, saying:  "To have greatly exceeded our target subscriber numbers during this initial round validates our goal of bringing a transparency-focused solution to market. With our enhanced technology in place, we're legitimizing an industry that is facing mounting concerns...

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Venezuela’s Petro Should Be Avoided By Cryptocurrency Investors

A few weeks ago, the news came that Venezuela was making the first state-backed cryptocurrency called petro. This controversial cryptocurrency has now been made officially available to the public and cryptocurrency investors would do well to steer away from making any investments into petro. This cryptocurrency is an attempt by the Venezuelan President Maduro to disregard and go around the economic sanctions that have been placed on Venezuela. The Venezuelan president has not even been discreet about the intent of circumventing sanctions with an open declaration about his intentions with the new cryptocurrency. The sanctions which have been placed on...

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The Dash Demographic? People Who Aren’t Interested In Crypto

Dash should be considered as a competitor for the top currencies. It stands at number 13 on coinmarketcap.com and is valued at present at around $360.00, though it has been subject to a fall in value of late. With this in mind, you might assume that for Dash, the sort of people they want onboard are serious crypto-fanatics. Traders with insider know-how and a passion for the industry. That’s the way to grow in the crypto world, right? Well, in a recent interview with Finance Magnates, the official spokesperson for Dash, Amanda B. Johnson, has spoken about how Dash are...

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Australia To Open Public Forum For Feedback On Cryptocurrency Taxation

This week the Australian Taxation Office, a branch within the Australian Government have announced plans to open a public consultation in order to gain opinions on how the government should handle the taxation of cryptocurrencies. This perhaps suggests to me that Australia’s government are open to totally free cryptocurrency operations but want to see if the public agrees with them first, a very democratic move indeed. Interestingly though, they do already have a policy in place known as the ‘Tax Treatment of cryptocurrencies’ policy, therefore its doubtful that they would go back on themselves if the public said otherwise, surely?...

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