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Posted in: Sponsored Stories Published: February 9, 2020 12:12 PM UTC PawnHub Creates Waves As Hong Kong’s First Licensed Crypto Lender PawnHub will be partnering with a leading US-based crypto custodian to provide up to $100 million of insurance coverage for clients’ assets. Author: Sponsored PawnHub is a crypto lending firm based in Hong Kong, and is proud to be the first to obtain the proper licenses from the government of Hong Kong. In addition to this monumental achievement, PawnHub will be partnering with a leading US-based crypto custodian to provide up to $100 million of insurance coverage for clients’ assets. Their innovative business model isn’t like a traditional lending company, because it allows customers to retain ownership of their assets while having access to liquidity. This model falls in line with the characte..
Posted in: Sponsored Stories Published: January 29, 2020 7:01 AM UTC Trade Crypto Derivatives on BTCMEX and Enjoy a $120 Trading Bonus with Great Affiliate Rewards The Hong Kong based exchange today manages over $50 million in trading volume every day via its offices located all over the world. And now, with a bonus in trading worth $120, BTCMEX has to be one of the most lucrative platforms for trading crypto… Author: Sponsored With Bitcoin and other digital assets now taking center stage in the financial world, trading interest is turning more towards derivatives as a form of accessing the new digital asset markets. Among those leading the charge, derivatives exchange BTCMEX continues to make it even more attractive to crypto traders, by offering the chance to earn up to $120 as a trading bonus, alongside lifetime commissions f..
Posted in: Sponsored Stories Published: January 21, 2020 4:40 PM UTC Bankera Loans Introduces the Lowest Loan Minimum on the Crypto Lending Market With Bankera Loans, cryptocurrency owners have direct access to secure crypto-backed loans starting from as low as 25 EUR (which is currently the lowest minimum limit on the market) and going up to sums as high as 1M EUR. Author: Sponsored Ever since Bitcoin’s conception, the financial industry has faced unprecedented and unpredictable changes that have had a significant effect on the market as a whole. One of the most intriguing concepts to rise out of this influx of innovations is the market of crypto-backed loans. Piggybacking on an enormous cryptocurrency buzz during the last quarter of 2017 and early 2018, a few big players established lending services. Fast forward a couple of y..
Posted in: Sponsored Stories Published: January 11, 2020 12:02 PM UTC Bitcasino Throws Bumper Crypto Giveaway in 6th Birthday Celebrations Every day, 10 randomly chosen players will see a gift in their account simply by logging in daily. Every week, a different crypto will be featured and all rewards will be paid out in that week’s coin. Author: Sponsored Bitcasino, one of the world’s oldest crypto-focused gaming platforms, has turned six this week. To celebrate the event with the community, Bitcasino is rewarding lucky players with top crypto rewards in Bitcoin, Ether, Litecoin and TRON, with plenty of other prizes in store. Get your piece of the birthday cake Trusted by discerning gamers all over the world, Bitcasino broke new ground when it was the world’s first Bitcoin-focused casino operator to obtain a gaming license. And ..
Posted in: Sponsored Stories Published: January 10, 2020 9:24 PM UTC Bitcasino.io Shows Crypto Gaming Support to #teamtrees with over $100,000 Donation Bitcasino’s donation of $101,010 will go towards the cost of planting that exact number of trees, with each tree estimated to cost $1. Author: Sponsored Crypto gaming pioneer Bitcasino, now into its sixth year of operations, ensured that Bitcoin gamers made their contributions to the planet known, with a $100,000 donation made towards the global #teamtrees movement that will help plant 20 million trees early this year. To be precise, Bitcasino’s donation of $101,010 will go towards the cost of planting that exact number of trees, with each tree estimated to cost $1. This made it the first notable blockchain brand to have made the contribution, in a viral campaign that has swept t..
TRX and crypto gaming at large will soon enjoy a boost thanks to a new partnership between the TRON Foundation and Coingaming Group. The immediate effect of the new alliance is the addition of the TRX cryptocurrency to Bitcasino.io and Sportsbet.io, two of the largest gaming platforms for cryptocurrency users and premier brand names of Coingaming Group. While merely having the ability to use TRX on such high traffic websites will bring in constant users to the TRX ecosystem, Sportsbet.io has kickstarted things by giving away 1 million TRX to the winner of Sportbet’s “Last Man Standing” Competition, whereby the lucky contestant had to successfully predict correct outcomes every day in sports, defeating others until he was the only contestant left. Benefits of Using TRX When players are gaming there’s nothing that kills one’s mood than wait times. Wait times for deposit processing, earnings to validate, or for withdrawals to hit users’ personal wallets. Thanks to TRX’s almost instan..
Ripple, Coinbase invested an undisclosed amount in the first Mexican crypto exchange to help it expand to Brazil and Argentina. Ripple, the firm behind the third biggest cryptocurrency XRP, has led an investment round in Bitso, one of the biggest crypto exchanges in the Spanish-speaking world. The first Mexican crypto exchangeAn early partner of Bitso, Ripple has led the new investment round to support the first cryptocurrency exchange in Mexico, the company officially announced on Oct. 14. As reported by crypto publication The Block, the new investment round also involves major investors including United States-based crypto exchange and wallet provider Coinbase, Jump Capital as well as existing investors such as Digital Currency Group and Pantera Capital. The amount of investment has not been disclosed. Expanding to Argentina and BrazilAccording to the report, the raised funds will help Bitso expand its business to Argentina and Brazil, among other Latin American countries. As noted ..
The notorious North Korean hackers known as the Lazarus APT Group have created another malware targeting Apple Macs and cryptocurrency users. The notorious North Korean hackers known as the Lazarus APT Group have created another malware targeting Apple Macs that masquerades behind a fake cryptocurrency firm. Apple Mac security specialist and principal security researcher at Jamf Patrick Wardle published a blog post on Oct. 12 outlining the nature of the malware, revealed by MalwareHunterTeam (MHT) researchers the previous day. Closely related to earlier macOS crypto-malwareMHT and Wardle have warned that at the time of their warning, the malware was undetected by any engines on VirusTotal and that the sample appears to be closely related to a strain of Mac malware created by the Lazarus Group and identified by Kaspersky Labs back in summer 2018. Like the previous strain, the hackers have set up a fake cryptocurrency firm — this time dubbed “JMT Trading” — through which to perpetrate t..
The IRS is hunting crypto user identities. If you are audited, should you hire a professional or do it yourself? Do it yourself or outsource it? Rightly or wrongly, most people seem to fear the IRS, and an IRS audit can be daunting, even if it is entirely by correspondence. Most considerations are arguably the same in many different kinds of tax audits. However, crypto tax matters can be even more sensitive than many others. One reason is return filings and records. Let’s face it, many crypto investors have not been exactly scrupulous about filing taxes on time, reporting consistently, and keeping good records. After all, doing all of that isn’t easy, although it has gotten easier over the last year or two. Related: The IRS Is Blindly Coming After Cryptocurrency Traders — Here’s Why Another reason is the IRS focus on crypto. The IRS has said that virtual currency is an ongoing focus area for IRS criminal investigations, following its announcement on a Virtual Currency Compliance cam..
South Korean social media platform Cyworld has shut down operations prompting concerns about the future of its Clink cryptocurrency. South Korea’s Cyworld social media platform shuttered its services on Oct. 1 without giving any prior notice, English-language local media The Korea Times reported on Oct. 14. What’s more, the website for its Clink (CKCT) crypto-asset has also become inaccessible. In response to the news, local cryptocurrency exchanges supporting Clink, namely CoinZest and BitSonic, are now considering delisting the token. Moreover, some investors who bought Clink are reportedly considering filing a lawsuit against Cyworld and its CEO, Jeon Jae-wan. Great losses are expected for investorsUnspecified industry officials reportedly estimate Clink investors to lose least 1 billion won (about $844,000) if the company does not set things straight. Twenty-four million units of the crypto asset were sold at 26 won per unit ($0.022) in an Initial Exchange Offering conducted on C..