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What Is Swapper?

September 27, 2017 BitNewz.net 0

TheMerkle Swapper IRSCryptocurrency and taxation are two concepts which do not mix all that well. This is especially true in the United States, even though the IRS issued official crypto taxation guidelines not long ago. Many users are always looking for ways to reduce their capital gains tax in one way or another. The upcoming Swapper platform could certainly be of help in this regard. Its services seem pretty compelling, although it remains to be seen how the IRS responds to this particular platform. Swapper Defers Capital Gains Tax From the website itself, it becomes apparent pretty quickly what the Swapper team aims to provide to

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Alabama County Succumbs to Bitcoin Ransomware Demands

September 27, 2017 Rick D. 0

Yet another incident of hackers using Bitcoin as a payment method for ransomware attacks has surfaced. One of the largest counties in Alabama was the victims this time, and the security breach and subsequent encrypting of sensitive information cost the local government a not-inconsequential $37,000. The figure sounds a lot, but when you consider that … Continue reading Alabama County Succumbs to Bitcoin Ransomware Demands

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ShapeShift Phishing Site Advertisement Tops Google Search Results

September 27, 2017 JP Buntinx 0

There are many different types of scams in the world of cryptocurrency. Phishing sites are still the main source of concern and financial gain for criminals. Things are only complicated further thanks to paid Google Search ads which show up in people’s browsers. A phishing site mimicking ShapeShift has been identified as a Google Search … Continue reading ShapeShift Phishing Site Advertisement Tops Google Search Results

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Rapid Mainstream Adoption in Japan as Retailers and Merchants Integrate Bitcoin

September 27, 2017 BitNewz.net 0

Bic Camera, one of the largest electronics retailers in Japan with strong brand power across the country, has been accepting bitcoin as a payment method for months. Through its partnership with BitFlyer, the country’s largest bitcoin exchange, Bic Camera is continuing to accept bitcoin throughout its stores in Japan. The integration of bitcoin by Bic Camera led to a major increase in bitcoin adoption in Japan, South Korea, and China. Mainstream media networks and news publications in Japan began to provide extensive coverage of bitcoin, introducing the digital currency to a wider audience and consumer base. Local merchants were also influenced

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