Imported Archives - Page 601 of 1815

IRS Seeks Third-Party Contractors to Help With Taxpayers’ Crypto Calculations

May 13, 2020cashtechnews

The United States Internal Revenue Service is reportedly soliciting outside contractors to assist with calculations of cryptocurrency users’ transactions. The United States Internal Revenue Service (IRS) is reportedly soliciting third-party contractors to assist with calculations of cryptocurrency users’ transactions. Crypto tax software firm CryptoTrader.Tax publicly shared details of a letter it claims to have received […]

17,000 Creditors Hope to Recover Assets Lost to Defunct Exchange QuadrigaCX

May 13, 2020cashtechnews

QuadrigaCX trustee Ernst & Young has received close to 17,000 proofs of claim from creditors, denominated in various fiat and cryptocurrencies. Close to 17,000 creditors of the now-shuttered Canadian crypto exchange QuadrigaCX have filed to reclaim their lost assets. Details of the claims were revealed in an interim status report published on May 12 by […]

No, Donald Trump, Negative Rates Aren’t a ‘Gift’ Bitcoin Advocates Warn

May 13, 2020cashtechnews

What seems to be a fresh attempt to sway the Fed to take rates negative saw immediate backlash from sound-money supporters. Bitcoin (BTC) bulls were lambasting United States president Donald Trump this week as he called on the Federal Reserve to tax people’s savings. In a tweet on May 11, Trump renewed pressure on the […]

Ripple Seems to Be Developing a Blockchain-Based Working Capital Loans Product

May 13, 2020cashtechnews

A recent job listing at blockchain-based payments firm Ripple indicates that it is working on a working capital loan product. The blockchain-based payment network Ripple recently added a job opening on its official website for a “Director of Product Management, Loans.” The description indicates that Ripple is working on a new loan product to help […]

1000 WBTC Minted Today on Ethereum Dwarfs Entire Lightning Network

May 13, 2020cashtechnews

A single transaction today has created more Wrapped Bitcoin on the Ethereum network, than the total amount of BTC locked in the Lightning Network. One thousand Wrapped Bitcoin (WBTC) were minted today on the Ethereum network (ETH) — a single transaction that represents more U.S dollar value than the entire Lightning Network. It brings the […]

Cambodia’s New DLT Payments Network Aims to Undermine US Dollar

May 13, 2020cashtechnews

The director-general of the National Bank of Cambodia revealed that the central bank’s DLT payments platform will go live by the end of the year. Cambodia’s central bank will launch a distributed ledger technology (DLT) network to enable greater interoperability in the country’s payments sector and to take on the almighty greenback. Consumers will be […]

Most Transactions on XRP, EOS and Tezos Don’t Transfer Any Value

May 13, 2020cashtechnews

Most transactions on XRP, EOS, and XTZ do not transfer any value, according to a new research study. Research has found the vast majority of transactions on EOS, Tezos and XRP do not transfer any value. According to a research paper released on pre-print site arXiv, only 2% of transactions on the XRP ledger and 18% […]

Bitcoin Miner Riot Blockchain Racks Up $221 Million Deficit

May 12, 2020cashtechnews

Despite increasing revenue, Riot Blockchain’s first-quarter financials reveal that the company has relied on equity and debt financing to fund its operations. U.S. mining firm Riot Blockchain has published its financial report for Q1 2020 — painting a picture of a company heavily reliant on equity and debt financing to fund its operations. The firm […]

Most Crypto Users Think QuadrigaCX CEO Faked Own Death

May 12, 2020cashtechnews

Viewers polled at Consensus: Distributed believe Gerald Cotten from the defunct crypto exchange QuadrigaCX may still be alive. Eighteen months after Gerald Cotten, founder and Chief Executive Officer (CEO) of QuadrigaCX, was reported to have died while doing volunteer work at an orphanage in India, and most crypto users apparently believe he’s still alive. The […]

Craig Wright Threatened to Crash The Bitcoin Price … So What Happened?

May 12, 2020cashtechnews

There are many halving predictions yet to come true — among them Satoshi claimant Dr Craig Wright’s ‘long term advance notice’ from 2018 that he would crash the Bitcoin price. There are many halving predictions yet to come true — among them Satoshi claimant Dr Craig Wright’s ‘long term advance notice’ from 2018 that he […]

Category: Imported

IRS Seeks Third-Party Contractors to Help With Taxpayers’ Crypto Calculations

17,000 Creditors Hope to Recover Assets Lost to Defunct Exchange QuadrigaCX

No, Donald Trump, Negative Rates Aren’t a ‘Gift’ Bitcoin Advocates Warn

Ripple Seems to Be Developing a Blockchain-Based Working Capital Loans Product

1000 WBTC Minted Today on Ethereum Dwarfs Entire Lightning Network

Cambodia’s New DLT Payments Network Aims to Undermine US Dollar

Most Transactions on XRP, EOS and Tezos Don’t Transfer Any Value

Bitcoin Miner Riot Blockchain Racks Up $221 Million Deficit

Most Crypto Users Think QuadrigaCX CEO Faked Own Death

Craig Wright Threatened to Crash The Bitcoin Price … So What Happened?

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