Day: September 21, 2019

NASA Looks to Hire Data Scientist With Crypto and DLT Background

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The United States’ National Aeronautics and Space Administration (NASA) is looking to hire a data scientist with crypto and blockchain expertise. Crypto and blockchain considered a plus According to a LinkedIn job listing posted on Sept. 20, NASA is looking to employ a data scientist for its Jet Propulsion Laboratory in California, whose primary function is the construction and operation of planetary robotic spacecraft and conducting Earth-orbit missions. Among the high number of required qualifications, NASA listed knowledge in one or more related fields including big data, machine learning, Internet…

Portugal Could Be a Tax Haven — Not Only for Crypto Traders

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The Portugal Tax Authority (PTA) announced last month that cryptocurrency trading and payments in crypto would not be subject to value-added tax (VAT). According to the announcement, cryptocurrency payments that are subject to the provision of services under Article 9 (27) (d) of Portuguese tax law are exempt from VAT. This applies only to individuals, as Portugal-based businesses are still subject to several taxes such as VAT, social security and income taxes. This announcement follows another Portuguese tax benefit for cryptocurrency traders: Ruling 5717/2015, which declares that proceeds from the sale…

Bitcoin History Part 17: That Time Mt. Gox Destroyed 2,609 BTC

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Technically speaking, it’s impossible to destroy bitcoins. But it is possible to send coins to an unspendable address, rendering them redundant to all intents and purposes. In October 2011, that’s exactly what Mark Karpeles did when he consigned 2,609 BTC to eternal oblivion due to a scripting error. Also read: Bitcoin History Part 16: The First Mt. Gox Hack How to Destroy One Week’s Profits in One Click In the last installment of Bitcoin History, Mt. Gox had just suffered its first hack in summer 2011. Less than four months…

Bitcoin Price Remains Uninspired at $10,200, Altcoins Go Into Red

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Friday, Sept. 20 — The price of Bitcoin (BTC) remains largely uninspired and is once again trading sideways around the $10,200 price mark. Market visualization. Source: Coin360 Although BTC is back at trading sideways, Fundstrat Global Advisors co-founder Tom Lee expects this to change with the coming launch of Bakkt and is positive on its ability “to improve trust with institutions to crypto.” The world’s largest cryptocurrency continues to trade flat, with an intraday high of around $10,280, while slowly trading downward to its current trading price of $10,147, showing…