What are the United States tax reporting obligations for those who held, donated or sold/exchanged crypto. Last year was a bear market for cryptocurrencies. Many investors who did not know how to hedge their cryptocurrency investments saw these investments lose value from the market highs of 2017. Facing the deadline to report their taxes by […]
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Coinbase customers can now transfer funds to any user with a Coinbase account around the world. American major cryptocurrency exchange Coinbase has expanded into cross-border payments. Coinbase revealed the development in a recent announcement. Coinbase customers can now transfer funds to any user with a Coinbase account around the world using Ripple (XRP) and the […]
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The fintech industry in Switzerland continues to grow dynamically, while traditional financial institutions are reporting a decline. A new study shows that the fintech sector in Switzerland continues to grow, while traditional financial institutions are stagnating. The report was published by SwissBanking on April 1. The report dubbed “IFZ FinTech Study 2019” was prepared by […]
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The Tether stablecoin’s daily transaction volume hit an all-time high. Tether (USDT), the most used fiat-pegged stablecoin, has hit an all-time high by the number of daily transactions, according to blockchain data provider Coin Metrics. On March 31, the amount of Tether transactions hit a high of 38,150, representing a new milestone in the adoption […]
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Israeli cryptocurrency mining firm Bitfarms will reportedly be delisted from the Tel Aviv Stock Exchange due to losses incurred during last year’s bear market. Israeli cryptocurrency mining firm Bitfarms will be delisted from the Tel Aviv Stock Exchange due to the losses caused by last year’s crypto bear market, local business daily outlet Globes reported […]
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RAND Corporation, a U.S. nonprofit think tank, has published a report on the illicit use of crypto by terrorist groups. Cryptocurrencies are not well-suited for the needs of terrorist groups, United States nonprofit think tank RAND Corporation states in a report published on March 27. The report, dubbed “Terrorist Use of Cryptocurrencies: Technical and Organizational […]
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Blockchain-based DApp platform Tron is supporting restrictions for gambling DApp development in the Japanese market. Blockchain-based decentralized application (DApp) platform Tron pushed to remove gambling DApps in the Japanese market to comply with local regulations, according to a press release published on March 31. Per the statement, the company intends to adhere to local laws […]
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Crypto markets have continued to grow on Monday, with only two of the top-20 coins by market cap seeing losses. Monday, April 1 — crypto markets have continued to rise, with Bitcoin (BTC) seeing stable growth over the day, according to data from CoinMarketCap. Out of top 20 cryptos by market cap, only two coins […]
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Ethereum-based prediction market Augur is reportedly currently facing a design flaw attack, according to the research. Ethereum-based (ETH) prediction market Augur is currently facing a design flaw attack, according to research by cryptocurrency exchange Binance released on April 1. The aforementioned attack involves a controversial market described as betting on the price of ETH at […]
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The United States Securities and Exchange Commission is looking to hire a crypto specialist attorney advisor for its Division of Trading and Markets. The United States Securities and Exchange Commission (SEC) is looking to hire a crypto specialist attorney advisor for its Division of Trading and Markets (TM). The new job listing was posted on […]
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