Cryptocurrency holders that will not reply are subject to account examination by the United States Internal Revenue Service. Last month, the United States Internal Revenue Service (IRS) sent approximately 10,000 letters to cryptocurrency holders regarding their crypto holdings. The IRS has begun sending letters to taxpayers with digital currency transactions that potentially failed to report […]
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The veteran trader openly calls XRP a scam as Ripple lawsuit edges closer to unregistered securities verdict. Ripple is coming under fire from a serial Bitcoin (BTC) proponent this week after news emerged a lawsuit against the company has intensified. Ripple will feel U.S. regulators’ wrath, says Vays Ripple, which notionally controls the token known […]
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After 1.5 years of investigation, Coinbase is found guilty not of fraud but of negligence. But the case is not completely over just yet… Cryptocurrency exchange Coinbase, launched in 2012, is considered to be one of the largest exchanges operating in the United States — and the most trusted. However, an alleged wrongdoing back in […]
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Bitcoin price losses 7% in 24 hours sparking criticism from naysayers but sentiment has yet to turn bearish. Bitcoin (BTC) price was feeling the pressure Aug. 14 after a fresh downturn saw the largest cryptocurrency settle below $10,500. Market visualization. Source: Coin360 Trade war tensions relief lifts markets, sinks Bitcoin price Data from Coin360 painted […]
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South Korean tech conglomerate Samsung has quietly added Bitcoin support to its decentralized app store, Blockchain Keystore. South Korean tech conglomerate Samsung has quietly added Bitcoin (BTC) support to its decentralized app store, Blockchain Keystore. According to updated information on the Samsung Developers website, the Keystore now supports Bitcoin as well as Klaytn, the cryptocurrency […]
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The United Kingdom’s Advertising Standards Authority (ASA) has upheld a complaint against a Bitcoin advertisement from top crypto derivatives exchange BitMEX. The United Kingdom’s Advertising Standards Authority (ASA) has upheld its complaint against a Bitcoin advertisement from top crypto derivatives exchange BitMEX. According to an ASA announcement dated Aug. 14, the watchdog has taken issue […]
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Higher prices on LocalBitcoins coincide with political uncertainty in a move copied in Argentina. Bitcoin (BTC) has begun trading at a premium in Hong Kong as continued political uncertainty produces a widely-reported spike in demand. Copycat moves underline fiat distrust Data from P2P Bitcoin exchange LocalBitcoins showed traders paying around $300 more per coin than […]
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A so-called trustless bot enables automated trading of cryptocurrency without giving up private key access. A new proposal wants to take decentralization a step further by decentralizing the private keys themselves. Trusting trustless bot with your crypto private keys Tide, a non-profit privacy advocate, claims to have developed a decentralized technology, which gives rise to […]
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The Dallas Mavericks have become the second NBA team to accept Bitcoin (BTC) as a means of payment for match tickets and merchandise. The Dallas Mavericks have become the second NBA team to accept Bitcoin (BTC) as a means of payment for match tickets and merchandise. A tweet from cryptocurrency payment processor BitPay confirmed the […]
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Enterprise-grade blockchain platform Nuls and cross-blockchain layer-2 network Aleph have completed testing of a staking service that applies a new type of reward model. Enterprise-grade blockchain platform Nuls and cross-blockchain layer-2 network Aleph have jointly completed testing of a new staking service dubbed staked coin output (SCO), which applies a new type of reward model. […]
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