Craig Wright asked for a 14-day extension to challenge an order requiring him to pay 500,000 Bitcoins to the Kleiman estate. Self-proclaimed creator of Bitcoin (BTC) Craig Wright wants to challenge a recent court order requiring him to pay 500,000 Bitcoins to the Kleiman estate. Reinhardt did not have power to enter the order, Wright […]
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“Willful” vs. “non-willful” tax flubs with crypto transactions have huge consequences with the IRS. Willful and non-willful tax flubs are different. Taxes are complex, and innocent tax mistakes can often be forgiven — maybe with no penalty. Even if there is a penalty, non-willful is vastly lower than willful. In a criminal tax case, this […]
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Several tries at cracking five figures met with rejection on Monday for Bitcoin price, as the previous support formed a new ceiling. Bitcoin (BTC) price was fighting resistance close to $10,000 on Sept. 2 as fresh energy appeared to flow into markets. Market visualization. Source: Coin360 Bitcoin price attempts to crack $10K barrier Data from […]
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Crypto market commentator Josh Rager has accused Tron founder Justin Sun of buying 5-6,000 Twitter followers per day. Crypto market commentator Josh Rager has accused Tron founder Justin Sun of buying 5-6,000 Twitter followers per day. In a tweet posted on Sept. 1, Rager claimed: “Looks like you’re still buying 5,000 to 6,000 followers per […]
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European Central Bank key legal official Yves Mersch said that Facebook’s Libra stablecoin is “beguiling but treacherous.” Yves Mersch, European Central Bank’s key legal official, said that Facebook’s Libra stablecoin is “beguiling but treacherous” during a speech at the ECB’s legal conference in Frankfurt on Monday. Bloomberg reported on Mersch’s remarks in an article published […]
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NFL star and left tackle for the Los Angeles Chargers Russell Okung has hosted a Bitcoin conference to promote mainstream adoption of cryptocurrency. NFL star and left tackle for the Los Angeles Chargers Russell Okung has hosted a Bitcoin (BTC) conference to boost knowledge and adoption of the cryptocurrency. Speakers at the event, hosted in […]
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Individuals can now only exchange up to $10,000 worth of pesos as the currency continues to crumble. Argentina has reimposed capital controls, limiting citizens’ and businesses’ freedom to buy foreign currency. As Bloomberg reported on Sep. 1, the increasingly troubled South American nation took the step as the Argentine peso (ARS) suffers overwhelming losses against […]
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Five men in the Indian state of Kerala have been arrested for allegedly torturing the head of a failed $62.5 million Bitcoin investment scheme to death. Five men in the Indian state of Kerala have been arrested for allegedly torturing the head of a failed $62.5 million Bitcoin investment scheme to death. Yahoo! News reported […]
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With Bitcoin price trading flat under $10K, the launch of the highly-anticipated Bakkt platform for institutional investors is now just three weeks away. Bakkt has been approved, and starting Sept. 6, clients will be able to deposit their funds into the Bakkt Warehouse, in anticipation of trading beginning on Sept. 23. Is this time different […]
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California-based blockchain development firm Baton Systems has closed a $12 million Series A funding round led by Trinity Ventures. California-based blockchain development firm Baton Systems has closed a $12 million Series A funding round led by Trinity Ventures. According to a Ledger Insights report published Sept. 2, the new funding will be used to scale […]
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