Ernst & Young has released a new version of its blockchain analyzer and zero knowledge proof protocol. Big Four auditing firm Ernst & Young (EY) has released two new blockchain developments, a new version of its Blockchain Analyzer and a zero knowledge proof protocol. The company revealed the products in two separate press releases on […]
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Today is the deadline for U.S. citizens to pay their taxes. What should they know about crypto taxation? Depending on what country you live in, your cryptocurrency will be subject to different tax rules. The questions below address implications within the United States, but similar issues arise around the world. As always, check with a […]
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Bloomberg calls Bitcoin a bubble yet again, and Facebook is seemingly looking for $1 billion from VC firms for its stablecoin. Top Stories This Week NYT Reporter: Facebook Seeking $1 Billion in Venture Capital for Crypto Project According to a tweet by New York Times (NYT) tech reporter Nathaniel Popper, Facebook is reportedly looking to […]
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A Chinese blockchain researcher said that privacy, operability, and enterprise integration are major obstacles to the use of blockchain in finance. The use of blockchain technology in the financial sector still face many challenges according to a major Chinese researcher, local news agency Sohu reports on April 12. Wei Kai, head of blockchain research at […]
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Most of the top 20 cryptocurrencies are reporting moderate gains as Bitcoin fights to stay over $5,000. Friday, April 12 — most of the top 20 cryptocurrencies are reporting slight to moderate gains on the day by press time, as Bitcoin (BTC) approaches the $5,100 mark. Market visualization courtesy of Coin360 Bitcoin’s price is up […]
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Chinese government is considering the elimination of crypto mining. On April 9, Reuters reported that a Chinese government agency is considering the elimination of crypto mining in the country. Given that China has been hosting the majority of mining pools on its soil, the global crypto industry might be poised to take a massive hit. […]
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U.S. Congressmen sent a bipartisan letter to the IRS asking to clarify the basics of crypto tax reporting. Members of the United States Congress sent a joint request to the Internal Revenue Service (IRS) to provide clarity on reporting crypto taxes, according to an announcement on April 11. 21 different representatives sent a bipartisan letter […]
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A developer survey shows that 80% of organizations are currently not using blockchain technology. Major developer community website StackOverflow has surveyed nearly 90,000 developers, and the results published on April 9 show that 80% of organizations are currently not using blockchain. As well, 12.7% of the developers responded that organizations use blockchain for non-currency applications, […]
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The Autorité des marchés financiers has warned the public about a firm offering training courses and software for trading cryptocurrency. The Autorité des marchés financiers (AMF) has warned the public about a firm offering training courses and software for trading cryptocurrency and investing in forex markets, according to an announcement published on April 9. The […]
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Major tax and finance executives stated that blockchain adoption is not a high priority in their companies, according to a poll by KPMG. Most tax and finance executives do not consider adopting blockchain technology, according to a recent survey conducted by Big Four auditing firm KPMG. The results of the poll were shared with Cointelegraph […]
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