Next Up, Paying Uncle Sam Taxes in Bitcoin

By Gerelyn Terzo The post Next Up, Paying Uncle Sam Taxes in Bitcoin appeared first on CCN The ink is barely dry on President Trump’s tax legislation, and a new bill has surfaced in Arizona that kicks things up another notch. The bill proposes using bitcoin to pay state income taxes, and it was submitted more »

China’s Bitcoin Miners Begin Exodus amid Government Crackdown

By Rahul Nambiampurath The post China’s Bitcoin Miners Begin Exodus amid Government Crackdown appeared first on CCN Some news reports have started to emerge indicating that China may discourage bitcoin mining operations in the country by curbing their access to electricity. The move, however, may not affect all miners as the People’s Bank of China more »

Bitcoin Can’t Be Valued: NYU’s ‘Dean of Valuation’

By Josiah Wilmoth The post Bitcoin Can’t Be Valued: NYU’s ‘Dean of Valuation’ appeared first on CCN New York University’s “Dean of Valuation” said that one cannot accurately value bitcoin and other cryptocurrencies. ‘Dean of Valuation’ Says Bitcoin Can’t Be Valued Aswath Damodaran, a professor at NYU’s Stern School of Business, made this claim in more »

Kodak’s Blockchain Moment Sees New Cryptocurrency for Photographers

By Samburaj Das The post Kodak’s Blockchain Moment Sees New Cryptocurrency for Photographers appeared first on CCN Former film and camera heavyweight Kodak has announced the upcoming launch of its own cryptocurrency, dubbed KODAKCoin. An initial coin offering (ICO) is scheduled to open at the end of January. With an official announcement on Tuesday, US-based more »

Kodak Gets in on the Blockchain and ICO Picture

By Shawn Gordon Kodak, the iconic photography company first established in in the 1880s, has joined the blockchain and ICO age. Today, January 9, 2018, it announced a new blockchain-based platform with WENN Digital to empower and protect image makers, photographers and artists. The new platform, known as KodakOne, will enable users to register their more »

Rogue Software Mines and Sends Monero to North Korean University

By Lester Coleman The post Rogue Software Mines and Sends Monero to North Korean University appeared first on CCN A software application has been discovered that installs code for mining Monero and sending the coins to Kim Il Sung University in Pyongyang, North Korea. The report by Alien Vault, a security firm, indicates North Korea more »

New York Stock Exchange Files to List Leveraged Bitcoin ETFs

By Josiah Wilmoth The post New York Stock Exchange Files to List Leveraged Bitcoin ETFs appeared first on CCN The New York Stock Exchange (NYSE) has filed to list five leveraged exchange-traded funds that track the price of bitcoin (bitcoin ETFs) on its Arca trading platform. NYSE Files to List Leveraged Bitcoin ETFs According to more »