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Voyager CEO Says Revenue Growth Accelerates 8-Fold as DeFi Trading Surges
CEO Steve Ehrlich says this quarter's revenue is on track to double what the company produced in all of its last fiscal year. дальше »
2020-9-26 19:22 | |
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IRS to Pay $625K to Crack Monero, Crypto Proponents Scoff at Contract
The U. S. Internal Revenue Service (IRS) wants to pay a contractor $625,000 if they can crack layer-two privacy schemes and the privacy-centric crypto asset monero (XMR). The tax agency says that the entity has “limited investigative resources” for tracing these types of cryptocurrency transactions. дальше »
2020-9-11 13:00 | |
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Band Protocol Says its CTO Only Reviewed SushiSwap’s Code for ‘Safe’ Deployment
Over the weekend, Uniswap clone SushiSwap became the center of attention when its anonymous creator Chef Nomi converted his SUSHI tokens for $13 million worth of Ether. Unlike Uniswap, SushiSwap has its own token SUSHI through which people can earn a portion of the automated money market’s (AMM) revenue by providing liquidity. дальше »
2020-9-7 17:45 | |
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TOP 3 Bitcoin and Crypto News for Today: 03 July ? XRP Analysis, BTC Miners See More Revenue, & ETH Says TRX Has More Flaws
XRP price analysis, Bitcoin (BTC) miners see ?thermocap? climb to $17.5B, and Ethereum (ETH) Co-Founder says Tron (TRX) has 10 times more problems than its brainchild. дальше »
2020-7-4 02:31 | |
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Square Sees Remarkable Boost In Q1 2020 Bitcoin Revenue
During the first quarter of 2020, Square’s Cash App received $528 million in profits. This is seen from the ‘Q1 2020 Letter to Shareholders’. Twitter CEO and founder of Square, Jack Dorsey says revenue includes both Bitcoin and the fiat payments fees. дальше »
2020-5-7 16:52 | |
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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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USD Stablecoins Are Surging, but Zero Interest Rates Complicate Business Model
With investors seeking safety in dollars, stablecoins have seen inflows of more than $2 billion since the crash. But, says our columnist Hasu, zero interest rates threaten business revenue. дальше »
2020-3-31 16:12 | |
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IRS Crypto Prosecutions Set to ‘Skyrocket’, Says US Tax Law Firm
The US Internal Revenue Service (IRS) is expected to ramp up its cryptocurrency-related enforcement actions, a tax law office warns. US Revenue Agency Looking to Crack Down on Crypto Tax Evasion The IRS has not been explicit on how would it treat taxes related to cryptocurrency transactions. дальше »
2020-2-22 20:00 | |
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US Treasury Department Pilots Blockchain-Based Federal Grants Tracking System
The US Treasury Department, which is in charge of government revenue, has been reported to experiment with blockchain tech in order to develop a system that tracks federal grants. The proof-of-concept (PoC) program that’s intended for a blockchain-based grant recipients’ letter of credit is about to be completed, says Craig Fischer, the manager of the […] дальше »
2020-1-14 20:46 | |
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IRS Says Charity Crypto Donations Must be Declared
Recently, the US government’s revenue service, the IRS made a few changes to its set of FAQs on crypto assets. Charity organizations that are generally exempted from tax collections have to report virtual currency based donations on Form 990, the agency said on December 26. дальше »
2020-1-3 17:00 | |
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Wealth and Tax Advisor Says IRS May Be Targeting Crypto Traders, Not Investors
By now, most crypto investors know that the United States government has begun to crack down on the crypto industry, and has begun targeting those who have used Bitcoin and other crypto-assets for illicit crime. дальше »
2019-8-9 04:00 | |
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Web advertising 5 times more profitable than crypto-jacking, research says
When cryptocurrencies were soaring in value in late 2017 to early 2018, crypto-jacking was all the rage with opportunistic hackers. Thankfully, it’s not been quite as popular in recent times, and recent findings might make it even less so. дальше »
2019-8-8 13:20 | |
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All Bitcoin Transactions In Brazil To Be Reported To The Department of Federal Revenue (RFB)
From the beginning of August, all Brazilian civilians have to report their crypto transaction to the Department of Federal Revenue (RFB). The Bill to do so was introduced as Normative Instruction No. дальше »
2019-8-2 17:42 | |
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Crypto Exchanges Need To Specialize To Stay Competitive, Says Coinfloor Head
It’s been a great year for crypto exchanges, with Coinbase making over a billion in annual revenue. But those good times may soon come to an end, according to the head of a London-based exchange group, who says the largest trading platforms will have to specialize or risk being outperformed by competitors. дальше »
2019-7-11 18:09 | |
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Bitfinex Exchange Launch LEO Token Buy Back Program
Bitfinex, a controversial cryptocurrency exchange that claims to be the largest and most advanced bitcoin trading venue, has announced the commencement of its LEO token buyback program. The exchange says it has successfully used 27 percent of the revenue generated from the sale of Ampleforth tokens on Tokinex, its initial exchange offering (IEO) platform toRead MoreRead More. дальше »
2019-7-10 20:00 | |
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Bitcoin Tax Evaders Will Be Criminally Prosecuted, Warns IRS Agent
By CCN Markets: The IRS will soon hunt down bitcoin users who don’t pay taxes by criminally prosecuting them en masse. That’s the prediction of IRS tax investigator Gary Alford, who says the agency is ready to clamp down on crypto tax evaders. дальше »
2019-6-14 15:51 | |
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CCN is shutting down, Stankevicius MGM buying? – Sun Bae
CCN, a leading cryptocurrency website, announced today it is shutting down. CCN asserted that this is due to negative implications from Google search updates which arose this month. According to CCN, Google stopped showing its articles in its search results after Google’s core update… CCN says it lost 90% of their revenue due to lost […] дальше »
2019-6-11 23:15 | |
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The Inside Scoop on Why AT&T Pulled the Trigger on Bitcoin
By CCN: When AT&T became the first major mobile provider to accept bitcoin for bill payments through the AT&T website and the myAT&T mobile app, 150 million AT&T customers received the opportunity to pay their cell phone bill using cryptocurrency. дальше »
2019-6-9 16:17 | |
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Global cryptocurrency task force closes in on sophisticated tax cheats
A global sweep of cryptocurrency tax avoidance schemes is imminent, with the number of active lines of inquiry set to nearly double – or so says a coalition of money laundering investigators from the US, Australia, Britain, Canada, and the Netherlands J5, a team of five countries formed by the US Internal Revenue Service to fight cryptocurrency-powered crimes such as tax fraud, has 60 open investigations, but the Sydney Morning Herald reports it’s now considering additional 50. дальше »
2019-6-6 14:40 | |
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Of Course, The IRS is Updating Its Bitcoin Tax Guidelines as Price is Rising
With Bitcoin spiking more than 120 percent since the start of 2019, the U. S. Internal Revenue Service (IRS) says it is readying an updated set of guidelines to cover cryptocurrency taxation. IRS Preparing Additional Crypto Tax Guidelines In a letter to a bipartisan group of U. дальше »
2019-5-21 18:00 | |
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IRS Says It Will ‘Soon’ Issue Crypto Tax Guidance in First Since 2014
The Internal Revenue Service is working on its first tax guidance for cryptocurrency since 2014, the agency's commissioner told a lawmaker Monday. дальше »
2019-5-21 23:27 | |
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Coinbase: Customers making money is very important to crypto-exchanges, says CEO Brian Armstrong
Proponents of the cryptocurrency market have always been at the forefront of breaking the latest updates in the universe, through live streams and direct Ask Me Anything [AMA] sessions. The latest luminary to speak up is Brian Armstrong, CEO of Coinbase, who touched upon the different streams of revenue and Coinbase’s new avenues. дальше »
2019-5-17 15:30 | |
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Oil Field Alchemy: How Bitcoin Can Turn Waste, Emissions into Proof-of-Work
In a handful of oil fields in the Great White North, natural gas, an otherwise wasted drilling by-product, is being put to work. But it’s not being used to well more oil; it’s being used to mine bitcoin. дальше »
2019-5-8 20:07 | |
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Why CIO of Major Investment Firm Says Tesla’s Stock is Going to $4,000
By CCN: Tesla (TSLA) has had a poor first quarter in 2019, suffering from various occurrences such as the reported explosion of a Tesla Model 3 in China and a big miss on earnings. From January to March, Tesla was expected to generate a revenue of $5. дальше »
2019-5-2 01:45 | |
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CRA Warns Digital Currency ‘Does Not Exempt’ Canadians from Their Tax Obligations
The Canada Revenue Agency (CRA) is targeting users of Bitcoin (BTC) and other crypto assets in its latest series of audits — starting with a 13-page questionnaire. Time for Bitcoin Users in Canada to Pay Their Taxes According to an article in Forbes yesterday, Bitcoin researcher and writer Kyle Torpey revealed that the CRA is cracking down on Bitcoin (BTC) and other crypto-asset users in Canada. дальше »
2019-3-8 05:00 | |
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The Fourth Largest Private Employer in the US Says No to Visa, May Accept Bitcoin
It is official, Kroger, the $22. 35B, the US largest supermarket chain by revenue complete with 3,028 locations effectively becoming the fourth largest private employer is officially tired of Visa credit cards. дальше »
2019-3-5 23:53 | |
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After Coinbase Failed To Abide By IRS Notice 2014-21, Longtime Trader Files Official Complaint
After Coinbase Failed To Abide By IRS Notice 2014-21, Longtime Trader Filed Official Complaint The United States Internal Revenue Service has certain requirements for the cryptocurrency industry, though they are still sorting out certain regulations. дальше »
2019-3-2 20:32 | |
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Leading Bitcoin Payment Service Provider BitPay Says BTC Accounts for 95% of Its Business Payments
The Bitcoin payment processor BitPay receives most of its revenue from Bitcoin (BTC), the largest and most popular virtual currency in the market. The information was released by the CEO of the company, Stephen Pair, during a recent panel. дальше »
2019-2-20 19:22 | |
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ICE CEO Reports Record-Breaking Revenue, Says Bakkt Will Contribute Even More
Intercontinental Exchange (ICE), the parent company of Bakkt, the soon-to-be launched cryptocurrency trading platform offering physically settled Bitcoin futures,… The post ICE CEO Reports Record-Breaking Revenue, Says Bakkt Will Contribute Even More appeared first on Invest In Blockchain. дальше »
2019-2-9 15:20 | |
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Chipmaker Nvidia Could Have Masked Revenue Figures, Says Royal Bank of Canada Analyst
Chipmaker Nvidia has had a tough time since the cryptocurrency market crashed. In November Nvidia’s stock price dropped by 19% and then it fell by a further 50% in December. The cause was an excess inventory of Pascal cards they produced for cryptocurrency miners in anticipation of high demand. дальше »
2019-2-5 16:09 | |
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Nvidia Made Billions From Ethereum Crypto Mining Says Analyst
An analyst at RBC Capital Markets claims Nvidia made “$1. 95 billion in total revenue related to crypto/blockchain,” significantly more than Nvidia’s reported $602 million. Mitch Stevens of RBC says from April. дальше »
2019-2-2 16:31 | |
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Elections Canada Consults With Political Parties on Crypto Donations
According to Elections Canada, the agency that runs federal elections in Canada, there has been “a growing interest” in cryptocurrency donations. This trend has prompted some political parties to ask for a ruling on how best to manage bitcoin and other cryptocurrency political donations and how to navigate the various reporting systems required by both Elections Canada and the parties so that they comply with the Canada Elections Act. дальше »
2019-1-24 20:28 | |
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Japan’s Internet Giant GMO Quits Mining Hardware Bussiness
GMO Internet says it will no longer develop, manufacture, and sell Bitcoin mining hardware following significant losses incurred in Q4 2018. The Japanese IT company will instead focus on its in-house mining activities following a comprehensive revenue review. дальше »
2018-12-26 17:00 | |
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Discord’s new plan could pose a serious challenge to Steam and Epic
Discord announced a few days ago it would be offering a new revenue split for indie developers who want to debut their games on the Discord store — and it’s hard not to take the numbers as a thumb in the eye of both Steam and Epic Games. дальше »
2018-12-17 21:24 | |
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IRS to Face Record Number of Loss Claims, Says Crypto Accounting Firm
Node40, a developer of bitcoin tax-reporting software, expects the U. S. Internal Revenue Service (IRS) to receive a record number of cryptocurrency-related tax return claims this year, as it predicts that many investors will decide to declare their losses. дальше »
2018-12-6 16:55 | |
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Report: Crypto Exchanges Are Recording Impressive Revenues
Cryptocurrency exchanges are catching up to their traditional counterparts, a new study suggests. According to a report released by global professional services company Accenture, revenue from cryptocurrency exchanges is now matching that of traditional exchanges. дальше »
2018-11-29 20:08 | |
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Worlds Largest Chip Supplier Expects Dip in Demand for Crypto Mining Hardware, Tariffs an Issue
Global Chip Supplier Expects Dip in Demand for Crypto Mining Hardware Despite predicting a possible Q4 revenue growth, global chip manufacturing firm Taiwan Semiconductor Manufacturing (TSMC), has ruled the high probability of a dip in global demand for crypto mining hardware. дальше »
2018-10-19 03:47 | |
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Brave CEO Pens Letter to Senate Committee Asking for GDPR-Like Privacy Regulation
Brendan Eich, the CEO of Brave, has written a letter to the U. S. Senate Committee on Commerce, Science and Transportation urging them to implement GDPR-like legislation in the United States. дальше »
2018-10-4 20:51 | |
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