Ohio to Accept Tax Payments in Crypto — Setting the Standard for Future?

In what is being hailed as a first in America, Ohio’s State Treasurer Josh Mandel has made it possible for businesses to pay taxes using Bitcoin. In the coming weeks, business owners in the state will be able to register and settle their tax liabilities online, with payments to be processes by cryptocurrency payment service provider BitPay. Businesses will be able to pay 23 different taxes using BTC through an online portal that has been set up by the state treasury office. As it stands, individuals will not be able…

Fintech Startup Launches Bitcoin Payment Feature

Canada-based mobile payments company Glance Technologies Inc. has added support for Bitcoin (BTC) as a payment method, according a press release published Nov. 29. The firm’s release states that the new feature, dubbed “Pay With Bitcoin,” enables users “to pair their cryptocurrency wallet with their Glance Pay account, and then purchase Glance Dollars with Bitcoin.” The in-house currency can then reportedly be spent at merchants, which use Glance’s system to accept payments. As the release claims, using their in-house token as a go-between currency for payments “enabl[es] lightning-fast payments.” Desmond…

SIRIN LABS Releases $999 Blockchain Phone: ‘FINNEY’

Twitter Facebook LinkedIn CCN is expanding. Are you our next full-time journalist from the West Coast USA? Send us your CV and examples here. The FINNEY phone came out today at a launch event in Barcelona. The $999 phone is the first of its kind, integrating blockchain technology at its core in order that its users may can securely use blockchain products. The product aims to address issues that cryptonaughts face in mobile computing, particularly those related to securely transacting, and it is the latest in a projected long line…

US SEC Charges Floyd Mayweather Jr and DJ Khaled for Unlawfully Promoting ICO

The U.S. Securities and Exchange Commission (SEC) has charged professional boxer Floyd Mayweather Jr. and music producer Khaled Khaled for unlawfully advertising Initial Coin Offerings (ICOs), according to a press release published Nov. 29. Per the announcement, the SEC found that Mayweather did not disclose promotional payments from three ICO issuers, including $100,000 from cryptocurrency startup Centra Tech, while Khaled, also known as DJ Khaled, failed to disclose $50,000 payment from the same company. Back in May, the three co-founders of Centra — Sohrab Sharma, Robert Farkas, and Raymond Trapani…

Blockchain Phone | Sirin Labs Finney Device Ready for Shipping

Sirin Labs’ blockchain phone is expected to begin shipping in late December, it was announced today. The phone’s final design was unveiled at an event in Barcelona. Sirin Labs’ Blockchain Phone Dubbed ‘Finney,’ the blockchain phone promises to advance the user experience of decentralized apps, or dApps. The blockchain phone was developed off the back of an initial coin offering in which Sirin Labs raised $157 million earlier this year. However, it’s wondered if the creation of Finney is an example of putting the cart before the horse, as there simply…

Coinbase Pro Launches Support for Zcash

Major U.S. cryptocurrency exchange Coinbase has launched support for Zcash (ZEC) on its Coinbase Pro platform, according to a company blog post published Nov. 29. Zcash is a cryptocurrency based on a decentralized blockchain, designed with the goal of making transactions more private than they are in the Bitcoin (BTC) blockchain. Zcash’s “view key” option is used to allow some individuals to see private information about users’ transactions. View keys may be used for an audit or sharing information without disclosing it publically. Today’s announcement notes that the Coinbase Pro…

Crypto Markets Come Back Down After Slight Jump Yesterday

Thursday, Nov. 29: cryptocurrency markets have come back down after a slight jump yesterday Nov. 28, with just a few of the top twenty coins seeing mild gains. Market visualization by Coin360 Bitcoin (BTC) is down 2.5 percent on the day, trading in a narrow corridor from $4,125 to $4,457 at its highest point today. As of press time, the major cryptocurrency is trading around $4,221. On its weekly chart, BTC has dropped over 5 percent, while its monthly losses are 5.15 percent, according to Cointelegraph’s Bitcoin Price Index. Bitcoin…

BlockShow Asia Closes on Optimistic Note

BlockShow Asia 2018 has come to an end in Singapore Thursday, Nov. 29, with most visiting experts predicting that cryptocurrencies and blockchain will fare better in 2019. According to the BlockShow team, 2,800 people attended the two-day conference, including potential investors who participated in EXP20 — a business pitch competition for startups announced shortly before BlockShow Asia. More than 50 speakers from various crypto and blockchain projects participated in the event’s discussion panels. On the first day, experts discussed the Chinese crypto ban, decentralized networks for artificial intelligence (AI), and…

Coinbase Adds Privacy-Centric Crypto Zcash to Pro Trading Exchange

Crypto exchange Coinbase Pro is adding privacy coin zcash to its listings. The platform announced Thursday that customers can transfer zcash into its professional trading platform, though as with previous additions, users can not yet purchase the token until the exchange has established enough liquidity. Deposits will be accepted for at least 12 hours after the announcement at 18:00 UTC. When trading is enabled, only Coinbase Pro users in most of the U.S., UK, European Union, Canada, Singapore and Australia will be able to access the coin. New York residents…

Bloodbath in US Stock Market Likely, Bitcoin a Good Long-Term Bet

Twitter Facebook LinkedIn CCN is expanding. Are you our next full-time journalist from the West Coast USA? Send us your CV and examples here. Student loans, credit card debt, mortgage, corporate loans, and all kinds of debt are placing huge pressure on the U.S. stock market. Over the long-term, Mark Yusko believes emerging markets and Bitcoin are viable long-term bets for investors. On CNBC’s Fast Money, Morgan Creek Capital Management CEO and chief investment officer Mark Yusko expressed his concerns towards the “melting” stock market of the U.S. and warned…