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Tag Archives: bitcoin

SEC Chairman issued Warning against Cryptocurrencies

Senate Holds Confirmation Hearing For Jay Clayton To Head SEC

Bitcoin fell Wednesday, dipping under the key $10,000 level after the Securities and Exchange Commission said it will require Digital currency exchanges to enlist with the organization. The announcement alluded to Digital currency that is considered as securities. In a Recent Interview with FOX Business, Jay Clayton, Chairman of  Securities …

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Venezuela’s National Assembly AN declared “PETRO” Illegal

Julio Borges, President of the National Assembly, speaks during a session of the National Assembly in Caracas

Venezuela’s opposition-run parliament on Tuesday prohibited “petro” digital currency promoted by communist President Nicolas Maduro, calling it a push to illicitly mortgage nation’s oil reserves. In the middle of February, crumbling communist nation Venezuela propelled “Petro” — the world’s first state-issued cryptographic money — purportedly upheld by the nation’s oil …

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Germany’s NO Tax policy on Bitcoin Payments

berlin-hotel620_2120546b

Germany’s Ministry of Finance has announced it will not tax people for using cryptocurrency or so called virtual currency (e.g. Bitcoin) as a means of payment, coindesk reported. The nation will see Bitcoin as identical to legitimate tender for tax purposes when utilized as a type of payment. A document …

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Tesla’s Cloud Account Hacked to Mine Cryptocurrency

Amsterdam Tesla Zuid-Oost 08

Electric Sedan and SUV Manufacturer, Tesla’s Cloud account was attacked by cryptocurrency mining malware. Cybersecurity firm RedLock said that -The Automaker’s Kubernetes administration console was not password protected and hence easily available for hackers. Kubernetes is a Google-designed system aimed at optimizing cloud applications, which left access credentials forTesla’s Amazon …

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