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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 | |
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 | |
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 | |
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 | |
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 | |
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 | |
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 | |
Internal Revenue Service Invites Crypto Firms To A Digital Asset Tax Summit In March
The Internal Revenue Service (IRS) sent out invites to an undisclosed number of cryptocurrency startups and firms in a bid to discuss digital asset tax-related issues in the field on March 3. The reports from Bloomberg Tax and Coindesk state the Washington based conference will have four-90 minute panel sessions to discuss taxes, tech, and […] дальше »
2020-2-19 17:31 | |
Crypto Tax: IRS Invites Industry Stakeholders to Parley in March
The United States Internal Revenue Service (IRS) is inviting cryptocurrency stakeholders to a crypto tax summit in March. The move comes as the IRS has declared its intention to pursue robust virtual currency tax enforcement in 2020. дальше »
2020-2-19 16:00 | |
China Sees Red: FCoin Transaction Fee Costs the Exchange Millions
Chinese exchange FCoin today announced insolvency following internal “technical difficulties. ” The platform’s founder has already announced a new project to help pay back the multi-million dollar capital reserve. дальше »
2020-2-18 20:15 | |
2019 IRS Crypto Tax Guidance is Subject to Change, GAO Warns
The IRS’ guidelines on crypto tax reporting remain unclear, and may not be binding, per the analysis of the Government Accountability Office (GAO). Crypto Tax Reporting Guidelines Change Without Warning Reporting on ownership and gains from crypto assets remains unclear, as the IRS has not codified all of its opinions into Internal Revenue Bulletins. дальше »
2020-2-16 15:30 | |
IRS Mute on Calls to Clarify Foreign Crypto Tax Reporting Rules
The U. S. Internal Revenue Service (IRS) is yet to clarify which Foreign Account Tax Compliance Act (FATCA) rules apply to crypto tax filings. Meanwhile, a U. S. Congress watchdog is saying aspects of the updated crypto taxation guidelines published by the IRS in 2019 are not enforceable. дальше »
2020-2-13 22:00 | |
IRS Updates “Virtual Currency” Definition, Keeps BTC But Removes Roblox, Fortnite V-bucks
The Internal revenue System (IRS) pulled the definition of “Virtual Currency” from its website that characterized gaming currencies used in Fortnite and Roblox as convertible virtual currency and would have subjected millions of US users to answer Question 1 on the 2019 1040 form. дальше »
2020-2-13 19:01 | |
IRS Removes Crypto Tax Reporting for Fortnite and Other Game Tokens
The U. S. Internal Revenue Service (IRS) has updated its webpage, removing parts of its crypto tax disclosure guideline which classified game tokens as cryptocurrencies. This includes the online gaming sensation, Fortnite. дальше »
2020-2-13 14:30 | |
Hong Kong Crypto Exchange Bitspark Shuts Down Amid Coronavirus Outbreak and Protests
Crypto exchange service provider Bitspark is shutting down next month despite reporting exponential growth following the launch of its cash point product. The CEO of the company explained that its internal restructuring has not worked out but insisted that the ongoing protests in Hong Kong and coronavirus outbreak have not affected his platform much. дальше »
2020-2-6 22:06 | |
Crypto Group Asks IRS to Make Small Payments Tax-Free
The Wall Street Blockchain Alliance is the latest to ask the U. S. Internal Revenue Service (IRS) to consider a ‘de minimis’ exemption for crypto tax payments below a specific value. IRS Should Reduce Crypto Tax Burden According to Law360, the Wall Street Blockchain Alliance has written a letter to the IRS calling for tax exemptions for crypto transactions below a certain threshold. дальше »
2020-2-6 19:00 | |
Cash-to-crypto exchange platform Bitspark to close down despite major growth last year
Cash-to-crypto exchange platform Bitspark will be closing its doors in March this year, the company announced this week. The closure, caused by “internal restructuring,” came as a surprise to many, especially considering the fact that the company saw a 400 percent month-over-month growth in the past year. дальше »
2020-2-5 19:00 | |
IRS Explains What Crypto Owners Must Know to File Taxes This Year
Kicking off this year’s tax filing season, the U. S. Internal Revenue Service (IRS) has published important tips for crypto owners to properly file their tax returns. This is the first time a cryptocurrency question has been included in the tax form. дальше »
2020-2-2 15:50 | |
Bittrex One Up’s Gemini, Coinbase By Securing $300M In Crypto Cold Storage Insurance
Bittrex has the highest insurance coverage offered by a crypto exchange until now after it has taken out a record $300 million insurance on digital assets held in cold storage. The news was released on Thursday, the company says it will protect the holdings of its users from “external theft and internal collusion”. The CEO […] дальше »
2020-1-31 20:41 | |
Bitcoin Thieves Arrested in Japan for Pilfering $700k in BTC
The Japanese police arrested two suspects for the theft of Bitcoin (BTC) from the coffers of the relatively small market operator CoinExchange. Internal Information Helped Order Bitcoin Withdrawals for Personal Enrichment Yuto Onitsuka, 25, and Takuma Sasaki, 28, reportedly stole 78 million yen in Bitcoins, equivalent to about $710,000, reported Japan Times. дальше »
2020-1-24 11:15 | |
New Regulatory Proposal in Canada Forces Exchanges to Remove “Internal Ledgers”
Canada is a very interesting region for cryptocurrencies. Despite several bitcoin exchanges shutting down, a new type of regulation paves the way for a brighter future. Crypto enthusiasts in Canada know it is difficult to find reliable trading platforms. дальше »
2020-1-19 07:00 | |
Bitcoin Stash Worth $1.1 Billion Transferred for Just $0.48
123,447 BTC ($1. 1B) has just been transferred in an internal Bitfinex transaction. The total cost of the move was just $0. 48. Bitfinex is refilling its hot wallets, setting off alarm bells at Whale Alert (@whale_alert). дальше »
2020-1-16 12:49 | |
Nervos Commits $30 Million to Ecosystem Development
Nervos is giving out $30 million in grants to projects that are committed to building a decentralized community on an open-source blockchain. A Base for Development Nervos Network, a blockchain project based out of China, is preparing to fund internal blockchain development through a grant system. дальше »
2020-1-10 07:41 | |
Korean Government Brings the Hammer Down on Bithumb, Taxing The Crypto Exchange $68 Million
The Internal Revenue Service has imposed an obligation on cryptocurrency exchange Bithumb to “withhold withholding” on income from cryptocurrency transactions by foreign users, reported local sources. дальше »
2019-12-30 16:15 | |
Congress Asks IRS to Clarify Confusing Cryptocurrency Tax Regulations
Eight members of Congress have asked the Internal Revenue Service (IRS) to clarify its position on cryptocurrency taxation. A recent letter to the agency details the issues facing the taxation of cryptocurrencies, and the lack of clarity in the current policy. дальше »
2019-12-22 17:56 | |
DAI Savings Rate Makes Exchange Debut as Maker Partners with OKEx
Maker Protocol’s internal savings product is set to be integrated on the OKEx platform in order to bring stable value accretion to the Asian market. Set to go live on December 23, the DAI Savings Rate (DSR) enables a trustless way to secure one’s wealth without the pitfalls of volatility. дальше »
2019-12-17 16:00 | |
Bitmain reveals new strategy to re-assert market dominance
Bitmain, the crypto-mining equipment manufacturing giant, has been in the news a lot recently. Over the past few months, the Beijing-based entity has had to deal with several internal turmoils, confliThe post Bitmain reveals new strategy to re-assert market dominance appeared first on AMBCrypto. дальше »
2019-12-11 00:30 | |
IRS Now Requires Tax Filers to Disclose Crypto Activities
The U. S. Internal Revenue Service (IRS) has finalized and put in use a new tax form that requires crypto owners to declare whether they received, bought, sold, exchanged, or acquired any cryptocurrencies in 2019. дальше »
2019-12-9 19:35 | |
Bitcoin used by criminals to evade taxes: IRS' Criminal Investigation Report 2019
Internal Revenue Services [IRS] released a 2019 criminal investigation report celebrating its 100 years of law enforcement. The report entailed the fight against criminals using advanced technologies The post Bitcoin used by criminals to evade taxes: IRS' Criminal Investigation Report 2019 appeared first on AMBCrypto. дальше »
2019-12-8 16:30 | |
The IRS Wants to Know If You Interacted With Cryptocurrency in Any Way in 2019
The Internal Revenue Service (IRS) has released a new Schedule 1 for 2019 tax season, putting out the details on above the line deductions, health savings account contributions, and tax break for student loan interest. дальше »
2019-12-8 06:13 | |
“Ethereum Foundation to Stop Funding Most Internal Teams” Says Dev
A coder that has been working at the Ethereum Foundation (EF) for years says their funding stopped on December 1st. “Other projects’ funding will also have their funding cut in... The post “Ethereum Foundation to Stop Funding Most Internal Teams” Says Dev appeared first on Trustnodes. дальше »
2019-12-8 17:20 | |
Three Ways to Stay Compliant with IRS Bitcoin Tax Laws
Cryptocurrency owners have been grappling with ways to accurately report their earnings to the U. S. Internal Revenue Service (IRS). With the pressure from the IRS on bitcoin owners to come clean with their earnings, there are suggested ways that individuals can avoid getting on the bad side of the law. дальше »
2019-12-5 00:00 | |
48,000 Users to Test New Ethereum Express Pilot Projects
Two new pilot projects are set to be launched by the Ethereum Express (EEX) project operating on the Proof-of-Authority algorithm. Over 48,000 users from US, Japan, Ukraine, Brazil, and other countries are set to be encompassed by the undertaking of community-operated EEX that seeks to introduce drastic efficiency changes in the internal processes of both […] The post 48,000 Users to Test New Ethereum Express Pilot Projects appeared first on NullTX. дальше »
2019-12-3 21:46 | |
Binance to Launch Its Troy IEO Tomorrow and Announces New Internal Transfer Feature
Coinspeaker Binance to Launch Its Troy IEO Tomorrow and Announces New Internal Transfer FeaturePreparing to host the TROY IEO tomorrow, Binance has announced a new Internal Transfer Feature to seamlessly transfer assets between different user accounts. дальше »
2019-12-3 16:26 | |
Binance Now Offering Free and Instant Internal Transfers
Binance has just announced a way to easily move money between accounts on the exchange. According to the announcement, transfers are now free and instant. Users can withdraw assets from one Binance account to another without the need for any block confirmations. дальше »
2019-12-2 16:01 | |
IRS is not Infringing Privacy By Requesting Data From Crypto Exchanges, Judge Decides
A federal court from California has recently decided that the requests made by the Internal Revenue System (IRS) to the cryptocurrency exchange Bitstamp in a specific case were not illegal. According to the judge, most of the arguments provided by William Zietzke, who filed a lawsuit against the IRS, lack merit. Zietzke argued that the […] дальше »
2019-11-30 00:34 | |
US Judge Denies Customer’s Plea to Quash IRS Bitstamp Inquiry
A Washington Western District Court judge has rejected petitioner William Zietzke’s appeal to stop the U. S. Internal Revenue Service (IRS) from accessing his Bitstamp trade data. An IRS summons invoked Zietzke to file a petition to quash the tax agency’s investigation into his private accounts. дальше »
2019-11-28 21:30 | |
Bitcoin Price Tanks as Unplanned Exchange Maintenance Leaves Customers Stranded
As Bitcoin’s price started to tank on Sunday, the Deribit futures trading platform, which has been in the headlines recently for the wrong reasons, had a bout of unplanned downtime. Many traders feel the timing was detrimental and left many at a disadvantage. дальше »
2019-11-25 14:36 | |
Crypto Tax: De Minimis Exception Could Complicate Things for IRS
A provision for de minimis exception in crypto taxes could lead coin holders to manipulate the system while burdening IRS further. The US Internal Revenue Service recently published guidance regarding the tax treatment of digital currencies. дальше »
2019-11-20 12:00 | |