Tag Archive: Israel

  • More than $8.5 Million in Bitcoin Seized by Israeli Police Bitcoin, Bitcoin Regulation, News, News teaser

    More than $8.5 Million in Bitcoin Seized by Israeli Police

    A massive anti-money laundering action has been carried out by the cyber department of the State Attorney’s Office. It filed an indictment, alleging that Hilmi Git had managed to commit more than 20,000 fraudulent transactions using Israeli credit cards, laundering the money through the Bitcoin network. 1,071 BTC Seized by Israeli Police Halmi Git, a resident of Hebron, has been accused of multiple offenses of credit card fraud, providing means for committing a crime, carrying

    · May 27, 2018 · 2:00 am
  • Google Bitcoin, Bitcoin Acceptance, Companies, News, News teaser

    Canadian Regulator Wants Google to Ban ICO and Cryptocurrency Ads

    A Canadian regulator wants Google to follow Facebook by banning cryptocurrency ads, as well as ads for ICOs and binary options. If there’s one reflex you can automatically assume from a government entity when confronted with something new, it’s the instant urge to ban. It’s blatantly obvious that most governments are not fans of cryptocurrencies. While some are looking to enact some form of regulation, others are looking to more stringent means. A senior investigator

    · February 6, 2018 · 1:00 pm
  • Kosher Crypto Bitcoen Is Setting a Course for Israel Altcoin News, News, News teaser

    Kosher Crypto BitCoen Is Setting a Course for Israel

    With Israel’s Finance Ministry and the Bank of Israel considering issuing a state-sponsored digital currency, the focus of the BitCoen project is to fill this important role in the cryptocurrency ecosystem. The main objectives of this initiative of the Israeli government are to reduce black market activity, which comprises an estimated 22% of the country’s GDP, and to reduce paper cash, which is largely used to facilitate untaxed transactions. Thus, Israel joins Russia in the

    · February 1, 2018 · 7:00 pm
  • Ethereum, Mining, News, News teaser

    Israeli Company Sued for Misleading Crypto Mining Statements

    An Israeli shell company, Apollo Power, had its stocks soar after revealing that they had harnessed solar power for crypto mining. However, such claims turned out to be exaggerated, and they are now being sued. One of the most intriguing debates about cryptocurrency is the power used in mining and for transactions. Some have said that the total power consumption used by Bitcoin miners is more than the total of 19 European countries. Then there’s

    · January 2, 2018 · 7:45 am
  • Israeli Broker: 'Definitely Room' For Bitcoin Options On Stock Exchange Bitcoin, Bitcoin Acceptance, News, News teaser

    Israeli Broker: ‘Definitely Room’ For Bitcoin Options On Stock Exchange

    A major Israeli broker has defied central bank Bitcoin warnings to advocate Bitcoin trading options on the country’s largest stock exchange. What’s Good For CBOE Is Good For Us In comments to local media outlet Globes, Julien Assous said there is “definitely room” for listing Bitcoin futures on the Tel Aviv Stock Exchange (TASE). Assous is CEO of IBI Brokerage, as well as chairman of an association made up of non-banking TASE members. In stark

    · December 28, 2017 · 12:00 am
  • Altcoin News, Altcoins, Legislation, News, News teaser

    ‘Crypto-Shekel’ May Be in the Cards for Israeli Lawmakers

    Three government officials in Israel’s Ministry of Finance have confirmed they are considering issuing a state-sponsored cryptocurrency, the Shekel, to reduce the number of cash transactions within the middle eastern country. The Push for a Regulated Digital Currency The Bank of Israel is looking into the possibility of a state-sponsored digital currency, according to a few government officials that agreed to comment with the requirement of anonymity. The aim with this initiative is to reduce

    · December 24, 2017 · 9:45 pm
  • 'Completely Off The Charts': Wertheimer Claims Demand Sparks Bitcoin ATM Queues Bitcoin, News, News teaser

    ‘Completely Off The Charts’: Wertheimer Claims Demand Sparks Bitcoin ATM Queues

    Bitcoin developer and consultant Udi Wertheimer has reported “hours” of queues at Bitcoin ATMs as demand goes “completely off the charts”. Bitcoin Access Points Can’t Cope In tweets Saturday, Wertheimer said that traditional means of purchasing bitcoins were now unable to match consumer appetites. “Demand for Bitcoin is completely off the charts, specifically in the last days. Popular on-ramps physically can’t withstand the heat,” he reports. “In Israel, Bitcoin ATMs now routinely have people queuing

    · December 2, 2017 · 11:45 am
  • Regulated Bitcoin, Bitcoin Regulation, Bitcoin Taxes, News, News teaser

    Bitcoin is Being Increasingly Regulated Across the Globe

    Countries are reiterating tax specifications as Bitcoin becomes increasingly regulated around the globe amid rising price and popularity.  Bitcoin Taken Seriously, Increasingly Regulated Starting the year in the $1,000 USD range, Bitcoin has had an eventful month and January isn’t even over yet! So far, we’ve seen many countries take a new stance on Bitcoin in regard to regulations and taxes. Although this may cause some commotion in the short-term, as seen with the Public

    · January 22, 2017 · 4:00 am
  • Altcoin News, Altcoins, Start-Ups

    Synereo Destroys Half its AMP Tokens Ahead of Crowdsale

    Distributed app platform Synereo announced that it has destroyed 50% of its native currency, AMP, ahead of a crowdsale, worth roughly $146,221,787 USD on the market. Also read: FirstBlood: Blockchain-Based ESports Platform Nears Crowdfund Second Synereo Crowdsale Starting Soon The move comes just before Synereo’s second round of fundraising in a three-stage crowdsale starting 19 September. The Israeli company originally intended to keep the 731,108,937 now-burned AMP tokens as part of its long-term budgeting strategy. In a statement, Synereo CEO

    · September 18, 2016 · 12:00 pm
  • synereo Altcoin News, Altcoins

    Synereo Unveils Inner Workings of Decentralized ‘RChain’ Platform

    Synereo, the Israeli blockchain computing platform best known for its decentralized social network, is releasing more details about the full technology stack it plans to release later next year. Also read: TAO Network Raises $100K for Music Industry Blockchain Project Synereo is also about to embark on another stage of its fundraising drive with a token offering to follow the one it did in 2015, and is offering rewards to developers wishing to build apps

    · September 5, 2016 · 12:00 pm
  • Bitcoinist_Buy Bitcoin Bitcoin, Bitcoin Acceptance, Bitcoin Breaking News Brief, Breaking Bitcoin News, Breaking News, Companies, News, News teaser

    Simplex Offers Bitcoin Exchanges Risk-Free Credit Card Purchase Solution

    Buying Bitcoin for the first time remains a major struggle for novice digital currency users. Even though there are plenty of exchange platforms to choose from, as well as peer-to-peer solutions such as LocalBitcoins, people want more convenient options. Simplex is a new startup that wants to facilitate the purchase of Bitcoin through credit cards. Also read: NXT Announces Version 1.7.4! Simplex Unifies Bitcoin And Credit Cards For quite some time now, a lot of

    · February 5, 2016 · 3:46 am