Israel Confirms It Will Tax Bitcoin as Property

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Israel’s government confirmed Monday that it would treat bitcoin and other cryptocurrencies as a kind of property for tax purposes. The notice confirms past indications that the Tax Authority will regard cryptocurrencies as “a property, not a currency … Read Full Story The post Israel Confirms It Will Tax Bitcoin as Property appeared first on […]

Criminals are reportedly abducting the ‘cryptorich’ to steal their Bitcoin

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Groups of criminals around the world are targeting people known to be in possession of large amounts of cryptocurrencies like Bitcoin. Their modus operandi usually involves abduction, which is followed by demands of ransom often north of $1 million (£715 … Read Full Story The post Criminals are reportedly abducting the ‘cryptorich’ to steal their […]

Someone Just Bought $400 Million Worth of Bitcoin

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The highest roller in Las Vegas has nothing on Bitcoin’s latest investor. An anonymous trader has sunk $400 million—enough to buy New York State’s most expensive home twice with change left over—into the cryptocurrency, raising his or her stake … Read Full Story The post Someone Just Bought $400 Million Worth of Bitcoin appeared first […]