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Tag Archives: ethereum

Germany’s NO Tax policy on Bitcoin Payments

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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SEC launches Probe into Virtual currency Markets

The Securities and Exchange Commission (SEC) has sent out a significant number of subpoenas and information requests probing companies and advisers that work in the cryptocurrency or technology companies reports The Wall Street Journal. The US Securities and Exchange regulatory demands for the structure of ICO’s token sale and pre-sale, …

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Goldman Sachs: Cryptocurrencies are potential Business Risk

Goldman Sachs Group, Inc. a leading global investment banking, securities and investment management firm has referred to its association with cryptocurrency and blockchain as a potential business risk. As it were, in the recent disclosure report circulated a week ago by Bank of America, which cautioned at the time that …

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Tesla’s Cloud Account Hacked to Mine Cryptocurrency

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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