New Zeland's tax authority grills companies for info on crypto users
If it's a taxable event, authorities want to know. New Zealand businesses must now submit information on their clients' digit asset usage to the country's tax regulator, the Inland Revenue Department, or IRD. The governing body said it wants to get a better grasp on the crypto scene in the country and determine an applicable tax framework for the asset class, according to a statement reported by Radio New Zealand, or RNZ. In addition to specifics around crypto usage, the IRD will also request associated client information, RNZ wrote. The IRD is not the only government body dialing in on....
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Blockchain.info today announced that they are the second website in the world to receive an SSL certificate for their .onion address. This is a huge win for privacy and Bitcoin enthusiasts around the world, and it answers growing concerns surrounding the security of using web wallets such as Blockchain.info while connected via the Tor network. In the past, there have been several reports of Blockchain.info users losing their funds after using Blockchain.info through the Tor network. Rogue Tor exit nodes were being specifically used to execute man in the middle (MITM) attacks on users....
Today, I had the privilege of chatting with johoe, the white hat hacker who swept over 800 bitcoins from addresses generated with a security error on Blockchain.info's webwallet. After learning that the insecure addresses were generated on Blockchain.info, johoe returned all of the bitcoins he obtained to Blockchain.info, so they could refund users who lost their bitcoins. johoe is considered to be a white hat hacker because he hacked ethically. johoe continues to return bitcoins to Blockchain.info as he finds them. johoe has received praise from bitcoiners on reddit, BitcoinTalk, and....
The security of the popular Bitcoin wallet Blockchain.info has been often addressed in the news recently. Hundreds of bitcoins have been lost during this Blockchain.info update. For example, there have been several reports of users losing their funds after using Blockchain.info through the Tor network. In response, the company temporarily blocked all Tor exit nodes, and then started using HSTS as well as providing a dedicated Tor onion address to its Tor population. Blockchain.info was the second company in the world, after Facebook, to receive an SSL certificate for their .onion address.....
Some interesting figures coming from Blockchain.info. As we approach the conclusion of 2013, it would appear as if Blockchain.info's user count of their 'My Wallet' bitcoin wallet is fast approaching one million users. Just take a look at the chart above. You can see exponential growth beginning in November, which is pretty much proportional to the huge inflation in the price of bitcoin around the time. At this rate, it looks as if the one million user mark will be crossed in January 2014. But where will we be in one year? Looks like the only way from here is upwards. (via Blockchain.info)
Since bitcoin has begun to grow at an incredible pace since last year, Blockchain.info has grown with it. The website serves as perhaps the community's most important assets - allowing users to easily make sense of the Bitcoin blockchain. And with over one million users, Blockchain.info's online web wallet product (dubbed MyWallet) has also become a useful tool and learning instrument for the scores of individuals who have recently discovered bitcoin. On Sunday, Blockchain.info teased two new products via Twitter. The first of which is a new domain name, Blockchain.com. Originally....