2019-5-6 12:07 |
The token, aimed at simplifying payments and payroll accounting, will be used as a utility digital asset.
Similar to Notcoin - TapSwap on Solana Airdrops In 2024
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With April 15th looming large on the financial calendar of most Americans, the 2018 tax year will present some challenging scenarios for many. How to account for loses? Do offshore exchange wallets require ‘FBAR’ reporting? Can I trust the advice I’m receiving? We ask legal and accounting experts for their take on some important crypto tax questions.
2019-4-13 23:00 | |
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The Bitcoin bull-run coupled with the competitor-less Bitcoin Futures market saw the Chicago Mercantile Exchange’s [CME] Bitcoin Futures surge by a whopping 950 percent over the past five days of the month.
2019-4-6 13:30 | |
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QuadrigaCX monitor Ernst & Young suspects that the beleaguered exchange’s late CEO, Gerald Cotten, may have been financing personal expenditures with company funds, and it is now recommending that the assets in Cotten’s estate be placed under a preservation order.
2019-4-3 01:19 | |
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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, specifically, but similar issues arise around the world.
2019-3-29 18:20 | |
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The Tokyo District Court has found Mark Karpeles, the former head of now-defunct Bitcoin exchange platform Mt. Gox, guilty of record tampering but innocent on other charges related to embezzlement and breach of trust.
2019-3-16 22:01 | |
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As QuadrigaCX’s legal counsel descends on the courtroom in Halifax, Nova Scotia, for another round of legal proceedings, the court monitor’s third report on QuadrigaCX’s finances — specifically its revelation that the exchange’s cold wallets are empty — lays out some hopeful avenues for fund recovery — and some frustrating dead ends.
2019-3-5 20:20 | |
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Binance has finally joined the fiat-on-ramp party, adding support for crypto purchases using credit cards. This is made possible through its integration with payment processor Simplex, according to a press release shared with Bitcoin Magazine.
2019-2-1 20:59 | |
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Gemini, a leading crypto exchange, has announced that it has completed a widely-recognized security audit known as a SOC 2 Type 1 examination. The audit was conducted by Deloitte, one of the “big four” accounting firms, and the exchange has passed with flying colors.
2019-2-1 20:11 | |
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Winklevoss twins’ Gemini exchange has announced successfully passing a Service Organization Control level 2 (SOC-2) type 1 examination by big four accounting firm Deloitte, which they believe is ‘a factor in favor’ of possible approval of their Bitcoin ETF petition.
2019-1-30 11:00 | |
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In exchange news, we look at a major accounting firm’s attestation that all USDC tokens issued by Circle are fully backed by fiat dollars. We also focus on a Huobi Group subsidiary that has set up a Chinese Communist Party branch, as well as Bakkt, which has listed the reasons behind its move into bitcoin.
2018-11-22 21:05 | |
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DCR aims to serve three purposes of an ideal currency: being a store of value, being a medium of exchange and being a unit of accounting. Bitcoin is kinda capable of performing these three functions, but currently possesses inferior technology that isn’t suited to make it commercial grade money.
2018-11-22 18:42 | |
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A Swedish man has been convicted of attempted murder after sending numerous threatening letters to local politicians – and mailing a bomb-like device to a Bitcoin company in London. The Stockholm District Court has sentenced 43-year Michael Salonen to seven years in prison, AP reports.
2018-11-9 15:36 | |
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Thomson Reuters (TR) provides trusted data and information to professionals across the legal, tax and accounting, and news and media industries. Operating in more than 100 countries, TR lists its shares on both the New York Stock Exchange (NYSE) and Toronto Stock Exchange (TSE).
2018-10-30 00:44 | |
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First hinting at his project in a reply to a BitPay tweet on August 2017, Nicolas Dorier boldly claimed that BTCPay would make one of crypto’s most popular payment processors obsolete.
2018-10-24 22:00 | |
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Blockvest is being sued the Securities and Exchange Commission for making false claims that the regulator’s approval for its planned ICO. The regulator is looking for an injunction against the defendant in return for all the financial gains of its ICO activities.
2018-10-15 18:00 | |
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Stability. The word seems to be at complete odds with the current nature of the crypto market. With its flagship coin having “died” on hundreds of occasions, volatility and meteoric price swings have come to define cryptocurrencies, as price stability, ever-elusive, is in short supply.
2018-10-3 19:05 | |
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A new company aims to become the leading European exchange by placing emphasis on regulatory compliance. Another feature of the new exchange is the integration of decentralized features like atomic swaps to grant better privacy, lower cost and higher scalability.
2018-9-27 01:10 | |
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Two crypto companies, Gemini Trust and Paxos, got a green light from a New York state regulator to launch their own stablecoins pegged 1:1 to the U. S. dollar. New York Department of Financial Services (NYDFS) gave an okay to Gemini Trust, the crypto exchange founded by the Winklevoss twins, to launch Gemini Dollar (GUSD).
2018-9-11 01:58 | |
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SEC Expands Inquiry About Riot Blockchain According to Reports It looks like the investigations about Riot Blockchain, the biotech company turned into crypto miner, are continuing. The latest news comes from a 10-Q quarterly report filed by the U.
2018-8-16 00:15 | |
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According to reports from a Korean accounting firm, the biggest South Korean crypto exchange UPbit is cleared of charges from the allegations that were made against it last May. The exchange was blamed to have manipulated its balance sheet which resulted in a rise in its trading values. Soon after unknown sources claimed that the firm […]
2018-8-8 02:57 | |
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The slow trickle of traditional investment into the crypto market may turn into a flood if a new platform launched by blockchain services provider AxiomLevel Technologies makes its desired impact.
2018-8-6 18:55 | |
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South Korean crypto exchange UPbit released data from an audit it has ordered to independent accounting company, proving all required funds are in place.
2018-8-6 15:52 | |
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A new report from a Korean accounting firm has found the South Korean crypto exchange giant to be 100% solvent in light of recent worries about misconduct. A May raid on the company’s headquarters worried investors, who are now letting out sighs of relief as audits reinforce the company’s integrity.
2018-8-6 11:00 | |
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“We have nothing to hide,” says Tory Reiss, VP of corporate development at TrustToken. Like the market’s most popular stablecoin, Tether, TrustToken's TrueUSD is fiat-collateralized.
2018-7-26 18:55 | |
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For many, the complex nature of crypto investing is an unsolvable enigma. Despite the potential for great returns, many are hesitant to jump in and navigate the complexities and uncertainties inherent in this space.
2018-7-25 17:09 | |
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The purchase, which is part of EY’s blockchain strategy, includes a methodology for facilitating virtual exchange transactions.
2018-7-25 22:31 | |
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Malta-based tokenization platform STASIS has launched EURS, a stablecoin backed by the Euro. EURS, aiming to be the biggest "fully verified and collateralized stablecoin" in the world, launched with a $100 million pre-launch order book which is expected to hit $500 million by year’s end.
2018-7-16 19:46 | |
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Former consulting giant exec has become the CEO of exchange bitcoin.com.au, plans to bring crypto investment products into areas like company pension plans
2018-7-12 12:42 | |
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Bithumb has announced the recovery of $14 million out of the $31. 5 million stolen during the June 20 hack. The South Korea-based cryptocurrency exchange made this fact known via a blog post on its website on June 28, 2018.
2018-7-1 22:55 | |
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Tether Ltd. , which issues a stable coin allegedly tied to U. S. dollar reserves, claims it has hired Freeh Sporkin & Sullivan LLP — a law firm co-founded by FBI Director Louis Freeh — to confirm its bank deposits and assure investors that its cryptocurrency is backed by USD.
2018-6-21 23:05 | |
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There have been more XRP sales since its price increased. XRP has maintained the $0.53 price range despite declines. Ripple's XRP experienced a rise alongside the market recently, but data iThe post Will XRP price prediction hold as sellers dominate? appeared first on AMBCrypto.
XRP tumbled as Ripple moved 50 million tokens, causing a market stir. The overall market sentiment for XRP is mixed, with neither the bulls nor the bears in control. Ripple's [XRP] recent prThe post XRP's rally hits major roadblock: What will the altcoin do now? appeared first on AMBCrypto.
Ethereum saw around $2. 3 billion inflows. The ETH price rise triggered a notable short liquidation volume. Ethereum [ETH] recently experienced a significant price move, triggering a large voThe post Ethereum sees $2.
MATIC may be due for a double-digit rally, according to analyst Ali Martinez. However, it might face headwinds in the short term. Polygon [MATIC] is due for a 17% price rally if it breaks abThe post Can Polygon [MATIC] climb 17% soon? Taking a closer look appeared first on AMBCrypto.
Farcaster secured $150 million in a Series A round led by Paradigm. Farcaster integrated with Arbitrum amidst the Ethereum surge and ETF anticipation. Amid Ethereum's surge beyond $3000 withThe post Ethereum-based Farcaster taps $150M amid ETH surge - What now? appeared first on AMBCrypto.
Gary Gensler has opposed the “FIT 21” Act, citing regulatory gaps and risks to investors. SEC's crypto stance before the 2024 elections could majorly sway voter sentiment. As former PresThe post SEC's tough stance on crypto continues: Gary Gensler slams 'FIT 21' Act appeared first on AMBCrypto.
Donald Trump has started accepting crypto donations for his 2024 presidential campaign. Cryptocurrencies see an increased importance in the political discourse. As anticipation builds for thThe post Trump crypto donations: Better 'financial choices' or 'another cow to milk'? appeared first on AMBCrypto.