July 2019 - CryptoCurrencyWire

WednesdayJul 31, 2019 12:32 pm

IRS is Sending Warning Letters to Crypto HODLers!

Over 10,000 crypto HODLers have received a firm warning from the Internal Revenue Service (IRS), the United States’ government’s tax organization just last week in the form of letters. They sent about three variations of such letters out by following the information that the IRS has about each individual. One variation demanded that its recipient sign a statement declaring that they complied with tax law under the penalty of perjury. An IRS Commissions official, Chuck Rettig said that they should not take lightly this warning, “taxpayers should take these letters very seriously,” he said. “The IRS is expanding efforts involving…

TuesdayJul 30, 2019 12:16 pm

FinovateFall 2019 to Focus on the Future of Fintech in World’s Financial Capital

What better place than New York City, the world’s financial capital, to foretell the future of fintech? It was in the Big Apple, after all, that securities trading got underway in earnest with the formation of the New York Stock & Exchange Board, the precursor to today’s New York Stock Exchange. Come September, the Finovate conference series will continue to foster that spirit of innovation and enterprise as FinovateFall 2019 makes its way to NYC. The event will take place at the New York Marriott Marquis on Broadway. The main conference runs September 23-25, 2019, with an additional summit day…

TuesdayJul 30, 2019 10:40 am

Robinhood Funding and Crypto Entrepreneur Lessons

Robinhood Raises $323 Million at $7.6 Billion Valuation Stock trading app Robinhood recently raised $323 million at $7.6 billion valuation. As announced fairly recently, the funding round was led by DST Global. Founded in 2013, Robinhood is a securities trading app that lets users trade stocks without charging any commission. In February 2018, the company also opened doors to cryptocurrency trading, and expanded its crypto operations to the elusive New York market in May 2019. According to company officials, the funding would be used to further expand the company’s operations. Robinhood Focused on Free Stock Trading Robinhood, like Binance has…

MondayJul 29, 2019 3:24 pm

Experience HERC Technology Live at Blockchain Futurist Conference by Tracking Produce, Artwork, Insurance and Collectibles Onsite

One of the emerging strengths of the blockchain platform is how it enables agricultural companies to track the produce supply chain from farm to table. This is key in an era when frequent reports about tainted food and E. coli outbreaks have heightened concerns over food sourcing. Blockbuster marketing and strategy firm Untraceable recognizes this technological power and has harnessed it as preparations are made for the second annual Blockchain Futurist Conference, which will take place Aug. 13-14 at Toronto’s premier Rebel Entertainment Complex & Cabana (http://ccw.fm/Wc3q3). Last year, more than 2,300 participants helped inaugurate the multi-day event, which celebrates…

MondayJul 29, 2019 1:42 pm

Voice of Blockchain to Gather ‘Cream of the Crop’ for Largest Digital Asset Event

The second annual Voice of Blockchain, set for September 30 to October 1 in the Windy City, is shaping up to set the standard for blockchain networking events. Event speakers and sponsors include some of the best-known influencers and leaders in artificial intelligence (AI), financial services, health care, gaming and eSports, insurance and Internet of Things (IoT), as well as investment management, mass transportation, media, real estate, supply chain solutions and other fields associated with blockchain technology. As a result of the impressive agenda, more than 1,000 attendees are expected. Participants will be hard-pressed to choose from the 98 individual…

MondayJul 29, 2019 1:27 pm

Coinvention 2019 Cultivates Collaboration in Crypto Community

With Coinvention 2019 only two months away, the buzz in the crypto community is climbing to a crescendo. The event promises to be more than just a forum where the latest developments in blockchain are aired. The gathering’s position as a platform for networking and generating use cases for the technology is firmly established. Tributes to its success in promoting debate and cultivating collaboration in the blockchain space poured in after last year’s convention, so it is with an air of expectation that blockchain believers and beginners alike welcome this premier event’s return to Philly. On Friday, September 20, Coinvention…

MondayJul 29, 2019 11:45 am

Why You Should Avoid Coinbase at all Costs

Coinbase is one of the most trusted cryptocurrency exchanges in the world, and despite their fees and limited features, crypto traders believe that buying on Coinbase is fast and convenient. In this article we’ll explore the downside and some fine print that you might not be aware of when trading on this convenient and trusted exchange. Fee Let’s start with discussion on the most debated feature of Coinbase – confusing fee mechanism. Though its user agreement may be easy enough to understand through careful reading, there are imposed limits to be aware of, as well as regulations and important details…

FridayJul 26, 2019 1:49 pm

The Wild West Crypto Show Takes Folksy Look at Crypto Concerns, Growth of Opportunities for Unbanked Populations

Ongoing volatility in the cryptocurrency market was met with a dose of friendly optimism by The Wild West Crypto Show hosts Drew Taylor and Brent Bates during episode 70 (http://ccw.fm/I3xPv) of the analysis and chat forum, titled ‘Are Cryptos Correcting?’. “Folks, don’t get too upset with that,” Bates said on the show, noting the volume of trading inherent to the commodity. “When it tries to find equilibrium, it just does so from a higher high and a lower low than your traditional stocks… Back when (bitcoin) was at 3,200, I was telling everybody how great it was that it had moved…

FridayJul 26, 2019 12:32 pm

Voatz Makes Inroads Into Utah County

Voatz, the keiretsu company of Medici Ventures will initial a pilot program of the Voatz platform. The Utah County pilot will allow for voters to utilize the Voatz mobile application to participate in the upcoming municipal election in the next month. The pilot will be available to a select group of people. Utah County aims to test out the blockchain based program with eligible voters who are serving overseas. The Voatz Mission and How Voatz Works Voatz aims to make “voting safer and more accessible”. How does Voatz plan on realizing their mission? By using smartphones and blockchain technology. The…

ThursdayJul 25, 2019 11:16 am

Is It Too Late To Invest In Bitcoin?

Bitcoin has been around for a decade and its price has exploded in the past 10 years. People in the crypto space are now wondering if they can make huge profits or if the time has passed. Here's the thing... In the crypto space there is always an opportunity for profit during price corrections, at the halving and during crypto winters. Here me out. Bitcoin’s public sale price was $1 = 1300 BTC in October 2009 and the first commercial transaction involving Bitcoin was to purchase a pizza for 10,000 BTC. After the public sale ended, the price went up…