Day: January 8, 2019

Business
Exchange

ShapeShift Lays Off Third Of Staff

ShapeShift has just announced that it will be laying off a third of its staff, 37 employees. In what was clearly a pained decision, CEO and cryptomaniac Eric Voorhees explained the circumstances and path going forward on Medium: The latest crypto winter is upon us, and today ShapeShift felt the bitter frost. Today, we let […]

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Business
Finance

RippleNet Tops 200 Institutions

Ripple (XRP) announced today the addition of 13 new partnering financial institutions. They have now surpassed the 200 customer mark. Ripple, provider of leading enterprise blockchain solutions for payments, announced today that 13 new financial institutions have signed up for the company’s payment network, RippleNet. The companies include Euro Exim Bank, SendFriend, JNFX, FTCS, Ahli Bank of Kuwait, Transpaygo, BFC Bahrain, ConnectPay, GMT, WorldCom Finance, Olympia […]

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Finance
Public Sector
Trading

Poland to Lower Crypto Tax rate to 19%

This year tax authorities in Poland will start to treat crypto trades similarly to revenues derived from the equity market, and, with a lower tax rate of 19%. Cryptonews reported that MSZTax, a Polish Tax advisory firm, stated: ..the [applicable] tax rate will be lowered from 32% to 19% for those investors whose revenues will […]

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Development
Exchange
Security
Technology

Ethereum Classic Under 51% Attack, Possible Double Spends of $1.1M

Coinbase has released a story stating that Ethereum Classic (ETC) is under 51% attack and that blockchain reorganisation and double spending had taken place multiple times recently. Initially to the tune of $460K, the figure has now increased to a possible $1.1M of double-spent ETC. Ethereum Classic (ETC) initially responded with scepticism and at one point put […]

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