Tax primer for retailers and e-tailers who want to use crypto. During 2019 alone, thousands of merchants worldwide were accepting Bitcoin (BTC) as a payment method. Despite this, a lot of current and would-be merchants are confused about how to pay taxes on their cryptocurrency sales. This guide was created by a United States business […]
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Retail investors can now use Paxos Gold as a collateral for loans through the Nexo platform. Crypto-lending platform Nexo has today, March 25, opened up the option of using PAX Gold (PAXG) as collateral against its loans to retail investors. A pilot scheme in late 2019 was limited to institutional clients and purportedly saw immediate […]
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Mt. Gox court cases see no end as creditors continue to wait for their funds, but could another event like Mt. Gox take place given the current market volatility? Mt. Gox’s creditors will meet today, March 25, as part of a compensation process that seems to go on and on. This news comes at a […]
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The U.S. government has rejected the claim of alleged OneCoin money launderer Mark Scott that it failed to produce sufficient evidence against the former attorney. The United States government has stood by its evidence presented against alleged OneCoin money launderer and former attorney Mark Scott. In a memorandum filed on March 24, the government responded […]
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A fraudulent Google Chrome extension has allegedly stolen as much 1.4 million XRP from users this month alone. A fraudulent Google Chrome extension has allegedly stolen as much 1.4 million XRP from users this month alone. In a series of tweets published on March 24, the research team “xrplorer forensics” claimed that fake Ledger Live […]
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The International Blockchain Monetary Reserve will fund a token project that aims to improve financial inclusion in Southeast Asia. The International Blockchain Monetary Reserve (IBMR) announced it has raised $3.48 million as an investment seed into ARCC Currency Reserve. The reserve is a basket of cryptocurrencies that includes Algorand (ALGO), Bitcoin (BTC), and Binance Coin […]
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Ethereum co-founder Vitalik Buterin suggests a DEX-bridge solution to the “embarrassing” lack of easy movement between Bitcoin and Ethereum networks. Ethereum co-founder Vitalik Buterin posted a tweet on March 24 claiming that the continuing lack of easy movement between the Ethereum and Bitcoin networks was embarrassing. As a solution, he proposed putting resources into building […]
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Current Bitcoin price performance suggests that the market will avoid a return to lows seen earlier this month, says Tone Vays. Bitcoin (BTC) has a maximum 15% chance of falling below $3,800 if current price levels continue, says trader Tone Vays as BTC nears $7,000. In a YouTube update on March 24, an increasingly bullish […]
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Cardano founder Charles Hoskinson does not buy Donald Trump’s pledge to get “the country opened up and rarin’ to go by Easter.” Pundits and public health experts alike are reeling at President Donald Trump’s pledge to get “the country opened up and rarin’ to go by Easter,” whatever the risks of coronavirus may be. With […]
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With trillions of dollars available for financial stimulus in the wake of the coronavirus outbreak, Binance’s CEO believes that could pump Bitcoin’s market cap to $2 trillion. After United States President Donald Trump first mooted a $1 trillion stimulus package for the U.S. economy in the wake of the coronavirus outbreak, people were shocked at […]
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