Telcoin TEL

Market Cap $ 29.781 MM (#170)
24h Volume $ 83.781 K
Chg. 24h: -1.57%
Algo. score 3.5/5  (#173)
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Telcoin News

Israel's Tel Aviv University Is Set To Establish Blockchain Institute

Tel Aviv University in Israel is setting up a blockchain institute to educate interested students on blockchain technology and its use cases. The institute will be named after Sirin Labs CEO Hogeg Moshe, as he is the single largest investor for the institute. Moshe has invested NIS 7 Million (approx. $1.9 Million) for Israeli students to compete with their overseas counterparts. The institute will also organise conferences, seminars and webinars on Blockchain technology. (VS)

17 hours ago

NEXT BLOCK Blockchain Conference Tel Aviv + Fabulous FashionTV After-Party

Bringing together over 350 participants and 20+ distinguished speakers, the Conference will hear from top blockchain experts looking into 2019 trends. As a good tradition, the event will be celebrated by a yet another luxurious FashionTV Party By NEXT BLOCK which adds to the chain of the most fabulous crypto-parties of 2018 by NEXT BLOCK. Among our first speakers are: Jan Sammut, founder, and CEO of RefToken; Ofer Rotem, General Partner, Collider Ventures, active Israeli angel investor in blockchain related startups since 2013, Naeem Aslam, Columnist with Forbes, Chief Market Analyst of ThinkMarkets, Gianluca Massini Rosati, Founder and CEO presso Xriba, Ilan Tzorya, Founder and CEO of Krypton Capital, Avia Arika, Head of the Avia law. Check for more experts and the agenda of the event! Present your company in the EXPO ZONE or during the ICO Pitch Session, where each participant will have 5 minutes to earn the investor’s trust! Find out more, buy a ticket, become a sponsor or media partner at The post NEXT BLOCK Blockchain Conference Tel Aviv + Fabulous FashionTV After-Party appeared first on CoinSpeaker.

4 days ago

The GBX team took part in 'Gibraltar Day' in Tel Aviv. Phili...

The GBX team took part in 'Gibraltar Day' in Tel Aviv. Philip Young, Marketing and Business Development Director at…

6 days ago

Demo Day will run from 9:00am to 4:30pm EST, and the selecti...

Demo Day will run from 9:00am to 4:30pm EST, and the selection committee will be tuning in from Tel Aviv. Final dec...

11 days ago

Israel is Saving Millions for Crypto Investors, Cuts Down Crypto Taxes by 50%

Cryptocurrency investors in Israel can heave a sigh of relief as the government looks for alternative and more transparent ways to calculate taxes for the industry which will lead to “real tax calculation.” In an announcement made during a blockchain conference in Tel Aviv, the Deputy Director General of the Israel Tax Authority (ITA), Roland Am-Shalem told attendees that the new system will not calculate taxes by estimation like the current one but will rather allow investors to decide how they wish to pay their taxes. The current method known as First In, First Out (FIFO) which has been criticised as over taxing, calculates taxes on crypto-related earnings by matching “the value of the assets of tokens to those that are most recently purchased.”, which is grossly inaccurate. Because cryptocurrencies are only recognised as assets and not currencies in Israel, the FIFO method only estimates the value of the assets and is used as an easy way out when tax authorities are not able to get precise estimates for crypto assets. This has led to crypto investors paying huge undue taxes on their hard earned profits, which may have discouraged the growth of the industry in the country. Taxes calculated by investors however must be verifiable using blockchain transaction timestamps for instance to be accepted. Meanwhile the country’s securities regulator Israeli Securities Authority (ISA) has started using blockchain in its online messaging system to ensure integrity and reliability of information sent between the regulator and companies under its jurisdiction. Because of its mandate of ensuring a safe Securities market and protection of investors’ interest, ISA has turned to blockchain technology because of the irreversible nature of records when using the technology. This according to the authorities will ensure safe, secure and unalterable communication that will also prevent denial of communication by parties involved. Israel has earlier been a hub for crypto investors despite its old method of tax estimation. With this new development, the country may be getting a new influx of investors very soon. With more friendly regulations than the U.S and an openness to the sector, Israel could experience a great boost in its economy as a result of growth in the cryptocurrency industry. Crypto assets could also be considered as currencies such as is obtainable in Venezuela, Dubai and other countries, not just as a store of value as they are currently thought of in Israel. The post Israel is Saving Millions for Crypto Investors, Cuts Down Crypto Taxes by 50% appeared first on ZyCrypto.

11 days ago

Sirin Labs CEO Donates $1.9 Million To Blockchain Institute In Israel

Moshe Hogeg, the co-founder and CEO of Sirin Labs has donated 7 Million shekels ($1.9 million) to create Israel's first blockchain institute in Tel Aviv University (TAU). The institute will research and disseminate information about blockchain technology across all sectors like healthcare, law, business, and government services. Blockchain institute will be headed by professor Dan Amiram, the subdean of the School of Management. (VS)

12 days ago

Israeli Tax Authority Looks to Deliver Transparency to Crypto Tax System

The Israeli government is looking to overhaul the way cryptocurrencies are taxed, which should slash the tax bill of crypto investors, according to a tax official at a recent blockchain event in Tel Aviv. The Israel Tax Authority official stated that the government is looking to deliver greater transparency to the tax system as it relates to cryptocurrencies. Israel has been adhering to a controversial tax method known as First In, First Out, or FIFO, which is reportedly riddled with problems that lead to over taxation. In the new approach, Israel won’t rely on estimations for its formula on taxing cryptos and will give investors more input on the process. (GT)

12 days ago

Tel Aviv University Partners with Sirin Labs Co-Founder for Blockchain Hub

Tel Aviv University is making a blockchain push and has partnered with tech entrepreneur Moshe Hogeg for the project. They plan to launch Israel’s maiden blockchain center, which will be called the Hogeg Institute for Blockchain Applications and will be dedicated to educating others on the technology. Hogeg, who is backing the project with NIS 7 million, is quoted in The Jerusalem Post as saying: "I believe that by granting knowledge, practical tools and scholarships to students, we will help train the next generation which will spearhead the next technological revolution." (GT)

18 days ago

Ethereum Blockchain Challengers Tron and Qtum Look to Become Top Distributed Ledger Networks

A Tel Aviv and New York-based blogger claims that Tron and Qtum are the main challengers of Ethereum. According to him, DApps and smart contracts offered by Tron and Qtum will edge out Ethereum. Yoan Vilner is a startup mentor at Microsoft and Google-led accelerator projects and blockchain tech blogger. He recently published an article...

19 days ago

ClanPlay Announces $2 Million Funding To Build Blockchain Rewards Platform

Tel Aviv based startup ClanPay has announced that it has raised $2 million in venture funding to build a blockchain rewards platform for games. The platform will also serve as a social hub for clan-based games like clash royale. The funding round was entirely from Bicameral Ventures, to leverage its 2 Million users. The new platform will be built on Aion blockchain. AION is currently priced at $0.4177, gaining 0.6% in the last 24 hours. (VS)

25 days ago

The Fate of Cryptocurrencies in Israel Still Unknown

With cryptocurrencies experiencing mainstream adoption across the world, the Israeli government has been approaching the cryptocurrency topic with a lot of caution. However, this has not prevented the startups from venturing into the nascent industry. In December 2017, the Tel Aviv Stock Exchange delisted all the bitcoin-related companies from the exchange following a sudden crash of Bitcoin market. It is reported that the exchange pulled the plug on cryptocurrency trading after Bitcoin prices declined by about 20% overnight. Prior to this, the Israeli government had allowed the crypto industry to grow uninhibited. The fate of cryptocurrencies in the country is still unknown. (SK)

25 days ago

Telcoin is now live on Ethos! ...

Telcoin is now live on Ethos!

a month ago

Telcoin has formally requested MAS (Monetary Authority of Si...

Telcoin has formally requested MAS (Monetary Authority of Singapore) review of our business for a money remitter li…

2 months ago

TEL is now live in BRD "BRD is a simple and secure way to g...

TEL is now live in BRD "BRD is a simple and secure way to get started with crypto."

3 months ago

Telcoin signs with a major African operator to start testing...

Telcoin signs with a major African operator to start testing how financial inclusion can be increased through Block…

4 months ago

Meeting with the ACPR and moving forward with regulations, T...

Meeting with the ACPR and moving forward with regulations, Telcoin is making progress in France too!…

5 months ago

Dispelling The Myths Behind Tron (TRX), The Most Misunderstood Coin In Crypto

**Pasted this as a link yesterday but it was removed. Copied and pasted so forgive any formatting errors. Links not included here. Will post a link back to the original article if you want to check it out. If that's not cool mods let me know and I'll remove the link. Gracias.** Tronix (TRX) has come under fire quite a bit lately and I can't help but think that it seems like an organized campaign to smear the coin. It has experienced massive growth recently and it seems that it has become a victim of its own success. The Bad Yes, Tron did reference some of Ethereum's code and violate the copyright license. They have since corrected this. Official statement. There was also an incident where it was alleged that Justin Sun cashed out $1.2 billion of his coins. This was also proven to be false as there is a public record of the wallet with the coins still inside. Wallet in question here. Justin Sun is also accused of hyping up the partnership with BAOFENG, calling it the Chinese Netflix when in fact it's most famous for creating a video player that allows users to stream content. Link to the article here. Article excerpt: > Moreover, as explained in the announcement, the partnership is — strictly speaking — with Baofeng BFC, a division within the company that is developing the company’s Blockchain Consensus Network (BCN) and producing hardware devices. This division is separate from Baofeng’s video playback service, which has an estimated 200 million monthly users. As others have said, in the crypto world anything goes. Because of it's rapid adoption, non-existent regulation and high profit potential, crypto investing has become a snakepit where nothing is as it seems. The Good Now let's examine the good things about this company, of which there are a lot. Social Media stats for TRX are very high Twitter: 194k Reddit: 51k Medium: 2.4k (last post 1/12/18) Discord: 4700 Github repository: 243 commits (1/14/18) These are extremely healthy for any company. Add to this the fact that the coin is only 4 months old and it's incredibly impressive. Justin Sun's PEIWO Appis a massive music/audio content provider in China Over 10 million registered members with 1 million active users per month. This is Justin Sun's claim to fame other than Tron, and Tron will be integrated with the platform, giving it a use case almost immediately. > “Peiwo APP is a leading application of online audio content community and a core member of the TRON Union. This access to the national high-tech enterprise qualification represents significant recognition of the long-term persistence of Peiwo APP. Recently, we also noticed that the popularity of online audio entertainment has been on the rise, and the market is constantly expanding. For Peiwo APP, we can only make progress steadily and provide better Service, so as to live up to everyone’s support.” Source This effectively means that Tron will have at least 1 million members who use its currency in order to interact with the map. Need I say more? Their CEO, Justin Sun has achieved a lot at a young age Taken from Sun's LinkedIn: > Justin (Yuchen) Sun is the founder of TRON and Callme (PEIWO) APP. TRON is the world top 40 crypto network and blockchain entertainment content protocol. PEIWO is one of the largest voice live streaming apps in China. Justin is on the list of Forbes 30 under 30 for three times from 2015 to 2017. He is the only millennial student of Hupan University and becomes a protégé of China’s tycoon Jack Ma, Chairman of the Alibaba Group. Justin obtained a Master Degree from the University of Pennsylvania after he received a bachelor degree from Peking University. Founded a massively successful tech startup? Protege of Jack Ma? Oh, and let's not forget this little tidbit: Sun was a Chief Representative and Adviser for Ripple Labs in China. Yes, THE Ripple. Now personally, I'm not a fan of the coin because I feel that crypto should move away from banks. But you can't deny the success and growth that the company has had. I would imagine that with Sun working there, he probably had the opportunity to learn quite a bit and also make important connections in the crypto world. Tron has an all star A-List team Pasted from this article: JIHAN WU: This is definitely an all-star guy. He is the co-founder BITMAIN who studied economics and Psychology in Peking University, Beijing China. Bitmain’s headquarter is in Beijing, with offices in Amsterdam, Hong Kong, Tel Aviv, Qingdao, Chengdu and Shenzhen. Having Jihan Wu as an investor in TRON further reinforces the viability of the company. SHUOJI ZHOU: He is a founding partner of FBG Capital who studied at the University of Electronic Science and Technology of China Chaoyang District, Beijing, China. His LinkedIn profile further illustrates how big this guy is. HITTERS XU: Is the Founder of Nebulas & ico365. BINSHEN TANG: Is the Founder of Clash of Kings with over 10 million MAU worl...

9 months ago

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