Square, Inc. is forced to adjust first-quarter estimates by $800 million due to the coronavirus crisis despite Bitcoin’s growth. Square’s Bitcoin (BTC) revenue continues to grow, even as the popular payments app lowers its first-quarter revenue estimates by $800 million due to the coronavirus crisis. According to a company announcement on March 24, COVID-19 was […]
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Charles Hoskinson says Wikipedia won’t let Cardano have its own page despite it being “the most cited of all of the peer reviewed coins”. On March 24, Cardano (ADA) founder, Charles Hoskinson, streamed a YouTube video titled “On Wikipedia,” in which he berated Wikipedia for applying arbitrary commercial censorship against Cardano. Wikipedia’s censorship of Bitcoin […]
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Kleiman v Wright may see further extension as plaintiffs seek additional two weeks for discovery amid coronavirus lockdown. In the latest disruption to the case between the self-proclaimed Satoshi Nakamoto, Craig Wright, and the estate of the late Dave Kleiman, the plaintiffs are seeking a two-week extension to discovery amid the coronavirus pandemic. In a […]
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Programmable artwork changes dynamically in response to the price of Bitcoin. A San Francisco-based experimental art movement has created what they describe as an ‘autonomously programmed art piece’ that changes appearance as the price of Bitcoin fluctuates. Asynchronous Art revealed Matt Kane’s “Right Place & Right Time” today, an artwork that evolves dynamically in response […]
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What is the correlation between the ransomware landscape and the cryptocurrency industry, and what to expect in the future? Cryptocurrency and ransomware have had a long history together. They are so closely intertwined, in fact, that many have blamed the rise of cryptocurrency for a parallel rise in ransomware attacks. Ransomware attacks are certainly increasing […]
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Bitcoin price has rebounded but is now stuck in a range between $6K-$8K with less than 50 days left before BTC miner block rewards are cut in half. Bitcoin (BTC) is trading at $6,670 representing a 1% gain in the last 24 hours but a gain of 14.66% off the weekly open at $5,815. Looking […]
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The ex-Steem community continues to battle Justin Sun with the Hive hard fork — stakeholders seemingly migrating to the new network. Over the past few days, the ex-Steem blockchain community has gained an upper hand over Justin Sun and his recently acquired Steemit startup. After blaming Sun for attempting to centralize their network, a substantial […]
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Binance Charity launches global campaign to distribute medical supplies to the countries hardest hit by coronavirus. Binance Charity has launched an initiative that seeks to raise $5 million in cryptocurrencies to purchase medical supplies for the countries that have been the hardest hit by the COVID-19 pandemic. Binance will lead the #CryptoAgainstCOVID campaign with an […]
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Telegram is looking to appeal the court’s recent decision in favor of the SEC to halt distribution of GRAM tokens until trial. Telegram is seeking to appeal a United States federal court’s recent ruling in favor of the Securities and Exchange Commission to halt distribution of GRAM tokens. Rejection of the injunction and the status […]
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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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