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US: IRS Considering Asking Every Citizen If they Ever Used Cryptocurrency
The US taxation watchdog is tightening the noose around crypto investors. IRS Wants to Know About Your Crypto Indulgences The US Internal Revenue System (IRS) recently released drafts of its income tax forms for 2020 which particularly asks all taxpayers whether they ever bought any crypto. дальше »
2020-8-22 15:07 | |
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Клиенты Coinbase смогли сэкономить 75% на комиссиях
Крупнейшая американская криптобиржа Coinbase помогла клиентам сэкономить 75% на транзакционных комиссиях сети биткоин благодаря батчингу. Earlier this year, Coinbase rolled out Bitcoin batching. This post explores the benefits of batching for Coinbase customers, internal operations, and the Bitcoin network:https://t. дальше »
2020-8-12 12:35 | |
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Blockchain Bites: Inside Cosmos, Bitcoin at $200B, DeFi Surges
Traders are expecting bitcoin to go higher. DeFi is surging in web traffic. And Cosmos is alive and well, despite internal feuding. дальше »
2020-8-10 19:50 | |
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Anti-Bitcoin Goldman Sachs is Ironically Preparing to Issue Its Own Fiat Digital Token
Multinational investment bank and financial services company Goldman Sachs has appointed a high blockchain and crypto-oriented Mathew McDermott, to be its new global head of digital assets. McDermott formerly ran the investment Bank’s internal funding operations and is reportedly busy expanding his new London-based Digital assets division with new hires from Asia and Europe. The […] дальше »
2020-8-8 16:14 | |
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China’s State Banks Test Digital Wallet App for CBDC Payments
China’s state-run commercial banks are conducting large-scale internal testing of a digital wallet application in preparation for rolling out a central bank digital currency (CBDC). Employees at state-run banks in cities including Shenzhen have started internally testing an app that will be used for transferring money and making payments, a Reuters report stated. дальше »
2020-8-7 14:25 | |
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Bitcoin Miner Maker Bitmain Delays Shipments Amid Internal Power Struggle
Bitcoin mining firm Bitmain announced delays in the shipping of its mining rigs due to “external interference. ” The company said customers expecting to receive their equipment between June and July should now expect them by September or October this year. дальше »
2020-8-6 15:00 | |
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U.S. Congress appeals for a fair tax on crypto staking rewards
A group of Congress members in the US have sent a letter to the Internal Revenue Service (IRS) asking for a fairer tax on staking rewards, a Coin Center letter revealed Tuesday. However, a tax must be levied when such rewards are sold, instead of acquired, said the Congressmen. дальше »
2020-8-6 23:01 | |
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U.S. Congress appeals for zero tax on crypto staking rewards
A group of Congress members in the US have sent a letter to the Internal Revenue Service (IRS) asking for zero tax on staking rewards, a Coin Center letter revealed Tuesday. However, a tax must be levied when such rewards are sold, instead of acquired, said the Congressmen. дальше »
2020-8-6 23:01 | |
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Congress Asks the IRS to Create Policy Protecting Proof of Stake
Members of the Congressional Blockchain Caucus have sent a letter to the Internal Revenue Service (IRS) asking them to write a policy that supports proof of stake (PoS) technology. Here for the Right Reasons The members of congress include Tom Emmer, who recently spoke at length about the strength of blockchain. дальше »
2020-8-5 16:17 | |
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4 US Congressmen Send IRS Guidelines On Taxing Proof-Of-Stake (PoS) Network Rewards
In a letter addressed to the Internal Revenue Service (IRS), four members of Congress – Rep. David Schweikert (R-AZ), Bill Foster (D-IL), Tom Emmer (R-MN), and Darren Soto (D-FL) – asked the taxation authority to take it easy on applying taxes on proof-of-stake (PoS) tokens. дальше »
2020-8-5 15:28 | |
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Ethereum Foundation to Hire Internal Security Team for ETH 2.0 Roll Out
The Ethereum Foundation will ramp up the security of its much anticipated Ethereum 2. 0 network by hiring a security team dedicated to this function. According to tweets by Ethereum 2. 0 researcher, Justin Drake, the foundation has already started the recruiting process for an internal Eth2 security team. дальше »
2020-8-4 18:52 | |
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Twitter Says High-Profile Hack Tricked Staff With Spear Phishing
Twitter has identified that their recent hack was a result of phone spear phishing. Hackers caused chaos after temporarily gaining access to internal tools. The Scope A Thursday morning blog post update from Twitter informed the public about the recent hack that saw high-profile user accounts compromised with run-of-the-mill Bitcoin scams. дальше »
2020-8-1 19:56 | |
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Addressing the July 2020 e-commerce and marketing data breach — A Message From Ledger’s Leadership
What happened On the 14th of July 2020, a researcher participating in our bounty program made us aware of a potential data breach on the Ledger website. We immediately fixed this breach after receiving the researcher’s report and underwent an internal investigation. дальше »
2020-7-31 10:08 | |
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Experts Concerned Over Twitter’s Ability to Tweet on Behalf of Users
A worse scenario than the recent attack against Twitter could happen if the social media network doesn’t strengthen its internal security procedures, say experts. дальше »
2020-7-21 10:08 | |
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After US Secret Service, Coinbase Strikes a Deal with IRS to Sell its Data
Coinbase has now struck a deal with the US Internal Revenue Service (IRS) for its Coinbase Analytics blockchain software. According to the public records, available on the government database, the contract was signed on July 14 for $124,950 and will be effective from next week on July 23. It will last for a year with […] дальше »
2020-7-17 18:22 | |
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The Twitter Hack Fiasco: Compromised Internal Tool, Paid Insiders, Direct Message Fears
On Wednesday, a large number of Twitter accounts were compromised and the hackers used the accounts to tweet about a bitcoin doubling scam. According to multiple reports, a Twitter employee was paid to give the hackers an internal tool that let them leverage high-profile social media accounts. дальше »
2020-7-17 02:05 | |
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Cryptocurrency News Roundup for July 16, 2020
Bill Gates, Jeff Bezos, Elon Musk, Joe Biden, and Barack Obama were among many prominent U.S. figures targeted by hackers in a coordinated Twitter scam on Wednesday. Apparently, the hacker(s), who goes by the handle “Kirk”, managed to get hold of an internal Twitter tool that enabled them to delink the breached Twitter accounts from […] The post Cryptocurrency News Roundup for July 16, 2020 appeared first on BeInCrypto. дальше »
2020-7-17 22:46 | |
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Bitcoin's price could 'inhibit internal cash generation'
For the industry's Bitcoin miners, 2020 hasn't turned out to be the year they had hoped for. With the mining reward cut in half and the price still stuck well below $10k, a rise in price for the king The post Bitcoin's price could 'inhibit internal cash generation' appeared first on AMBCrypto. дальше »
2020-7-17 22:30 | |
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Bitcoin Investor Sues IRS for Unlawful Seizure of Financial Records at 3 Crypto Exchanges
Bitcoin investor Jim Harper has sued the U. S. Internal Revenue Service (IRS), its commissioner, and a number of federal agents. He alleged that they unlawfully seized his private financial information from three cryptocurrency exchanges. дальше »
2020-7-17 21:14 | |
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Twitter Hacker Managed to Scam Only 12 Bitcoin After Duping Major Accounts Using ‘Internal Tools’
A security incident on Twitter duped businesses and people into sending at least $120,000 worth of Bitcoin to an anonymous online wallet, half of which has already been spirited to other accounts. Given that some of the Twitter accounts targeted were using two-factor authentication (2FA) and strong passwords, the hack may be internal to twitter. […] дальше »
2020-7-16 15:35 | |
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Advocacy Group Claims IRS-Issued Crypto-Warning Letters Violated Taxpayer’s Rights
Close to a year ago last July, the U. S. Internal Revenue Service (IRS) revealed it would be sending ‘soft letters’ to suspected American cryptocurrency owners advising them to pay their taxes. дальше »
2020-7-15 19:30 | |
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Canaan Stock Continues to Tumble As Rumored Internal Struggles Sees 3 Directors Removed
Canaan Creative, a Nasdaq listed Bitcoin miner manufacturer, has dropped some of its directors from the company's registry according to reports from Chinese media. The firm appears to be experiencing an internal dispute going by the unfolding events, although no official announcement has been made. дальше »
2020-7-11 16:56 | |
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Mercedes-Benz Parent, Daimler AG, Pilots PoC Supply Chain Data Sharing System with Ocean Protocol
Daimler AG, the Mercedes Benz carmaker, has partnered with the decentralized data-sharing platform – Ocean Protocol. The partnership would help the Daimler to store their critical data which include internal sales and other financial data on a blockchain and then monetize its use within the company as well as throughout the supply chain. Big carmakers […] дальше »
2020-7-9 04:34 | |
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IRS Tells Couple With $7 Million in Bitcoin to Liquidate Crypto Assets and Pay off Tax Debt
The Internal Revenue Service (IRS) has won a case in which it demanded that a Maryland couple liquidate their bitcoin to pay-off a $1. 1 million tax debt. Alexander and Laura Strashny proposed to the IRS to pay their 2017 tax liability, generated from non-crypto activities, in installments over a six-year period. дальше »
2020-6-18 00:05 | |
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Bitmain’s Internal Brawl Drags On After Ousted CEO, Micree Zhan, Halts Mining Equipment Shipments
Bitmain's battle for control seems far from over after a recent shipment disruption by Micree Zhan. The ousted CEO physically took over Beijing's office at the beginning of June after hiring private guards. дальше »
2020-6-12 18:01 | |
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Digitex Futures Becomes First Centralized Exchange To Integrate Chainlink’s Decentralized Price Oracles
In an official press release on Monday, May 25, 2020, Seychelles-based Bitcoin futures exchange, Digitex, announced the integration of Chainlink's decentralized price reference oracles in a bid to improve and support its internal index to prevent slippage on the platform. дальше »
2020-5-26 21:26 | |
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IRS Seeks Third-Party Contractors to Help With Taxpayers’ Crypto Calculations
The United States Internal Revenue Service is reportedly soliciting outside contractors to assist with calculations of cryptocurrency users’ transactions.
дальше »2020-5-13 13:39 | |
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Internal Struggle at Bitcoin Mining Giant Bitmain Escalates to Physical Confrontation
After Micree Ketuan Zhan, the exiled co-founder of Bitmain, moved to reinstate his position after another partial legal victory over his former employer, tensions reportedly escalated into a physical brawl. дальше »
2020-5-8 12:40 | |
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As Bitcoin halving, approaches will exchanges be affected by miner shutdowns?
Bitcoin halving affects miners, and this is a known fact. Here's the lesser-known fact - The health of the mining ecosystem has an indirect effect on the cryptocurrency exchanges' internal operations The post As Bitcoin halving, approaches will exchanges be affected by miner shutdowns? appeared first on AMBCrypto. дальше »
2020-5-8 00:30 | |
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Libra’s Vice-Chair Says Blockchain is Key While Ex-IMF Economist Criticizes the New Whitepaper
Facebook led, Libra Association, recently updated its whitepaper for proposed stablecoins, and has since attracted several opinions from internal and external stakeholders. This was, however, expected given the project’s threat to existing financial ecosystems and the possibility of tapping into Facebook’s market with ease. дальше »
2020-4-29 17:47 | |
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Singapore: No Income Tax on Cryptocurrency Airdrops and Hard Fork Tokens, IRAS Says
The Internal Revenue Authority of Singapore (IRAS) has published new crypto tax guidelines indicating a tax exemption for hard forks and airdrops. Also, the guide outlines Singapore’s tax treatment scheme for digital tokens and securities. дальше »
2020-4-21 23:07 | |
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Cardano’s Progress Update: Byron Reboot Roll Out On Course for Shelley Integration
Cardano founder, Charles Hoskinson, recently released a video update on the ongoing projects and prospective milestones. Most notably, the key highlights in this update include the Byron reboot, internal Shelley nodes, Root9B audit, technical paper reviews, and its strategic marketing approach. дальше »
2020-4-14 16:20 | |
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Square to Allow Users to Deposit Coronavirus Stimulus Relief Payment Directly to Cash App
The Internal Revenue Service and the Treasury Department launched a new web tool on Friday that will allow those Americans who don't file a tax return or had too little income to file to register for stimulus payments. дальше »
2020-4-13 16:18 | |
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SpaceX Bans Zoom Over Privacy Worries as Decentralization Awaits
Concerns over video conferencing app Zoom have been boiling over. An internal memo at SpaceX tells us that the company has stopped using the app altogether. How secure is Zoom? Although many praised its servers for staying online despite record-high usage, it may not be as private as you might expect. дальше »
2020-4-4 13:15 | |
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Treasury and IRS to Extend Taxpayer Deadline by 90 Days Due to Coronavirus
Coinspeaker Treasury and IRS to Extend Taxpayer Deadline by 90 Days Due to CoronavirusTreasury and the Internal Revenue Service (IRS) have decided to support people affected by the coronavirus and to offer taxpayers a 90-day delay in filing their 2019 taxes. дальше »
2020-3-18 16:39 | |
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Vodafone Turns To ‘Trust Your Supplier’ Blockchain-based ID Platform To Increase Diversity
Vodafone, the multinational telecom company, is exploring blockchain tech in an attempt to enhance its supply chain and verify its suppliers. If it integrates blockchain with its internal processes, it will manage to enhance its supply chain. дальше »
2020-3-7 23:31 | |
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What a Bitcoin Transaction Worth $1.4 Billion Means for BTC?
Internal exchange wallet moves, or some other reason, created a mammoth Bitcoin transaction worth $1. 4 billion. Whale Transactions Used as Indicators of Potential Price Action A new “whale” transaction has been spotted on the Bitcoin (BTC) network, carrying $1. дальше »
2020-3-7 18:00 | |
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Top Exchanges Ask the IRS To Provide Clarity In Tax Regulation For Crypto At Summit
Crypto exchanges led by Kraken and Coinbase have aired their views to the U. S Internal Revenue Service (IRS) in an ongoing tax summit. The representatives called for more clarity within the crypto environment to enable innovations in this industry to thrive. дальше »
2020-3-4 18:26 | |
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Coinbase Admits To Testing Clearview’s Controversial Facial Recognition Software
The California-based crypto exchange giant, Coinbase, has admitted to using the controversial facial recognition software developed by Clearview. According to BuzzFeed, which obtained an internal document from the New York-based AI company – Clearview – shows that the company has, so far, partnered with over 2,000 firms and authorities globally through the sale of its […] дальше »
2020-2-29 20:46 | |
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