As part of its efforts to ensure compliance, the IRS has commenced sending out letters to erring crypto users. More than 10,000 people will receive one of three letters, advising them to report earnings and pay required taxes.
TomoChain, the scalable public blockchain platform, becomes one of the most recent entities to donate to Binance Charity joining hands in the Binance Charity Lunch For Children (BCLC) initiative.
Ripple sent an open letter to the U.S. Congress intending to explain the differences between various blockchains and digital currencies. In the letteer the company stressed the willingness to cooperate with the authorities.
The Bank of China posted an infographic explaining Bitcoin and its price increase. The infographic points towards the fact that Bitcoin has a limited supply as naturally making the cryptocurrency prone to price increases.
With estimates that as many as 90% of crypto startups never make it, it’s worth checking out a few simple tips granting your startup a much better chance of taking beyond infancy.
The latest CORindex crypto report is titled “July 2019 Cryptocurrencies Transactions and Activity” and it features key data any analyst or investor in this space will need to know to make decisions about their assets.
The Croatian Post collaborated with Electrocoin to operate a pilot program for a crypto-fiat exchange. It is reported that the pilot project will facilitate crypto owners to exchange Bitcoin (BTC), Ether (ETH), Stellar (XLM), XRP and EOS for fiat money.
Privacy and money are interesting ideas. Cash, in its essence, is private. Nobody but you knows how much cash is in your pocket. However, as soon as it’s given to someone else, it loses privacy and things get more complicated.
Binance Trading announced a service called Block Trading. With it, users can trade their cryptocurrencies worth over 10 BTC with over-the-counter methods (OTC).
Recently, Brad Garlinghouse, the CEO of Ripple, has commented on Facebook’s new cryptocurrency – Libra, saying that because of it, the crypto industry might become subject to stricter regulations.
The U.S. Securities and Exchange Commission (SEC) has approved the first-ever Ethereum token sale from blockchain-based gaming startup Pocketful of Quarters (PoQ).
After TRON’s CEO Justin Sun postponed his charity lunch with Warren Buffett due to his kidney stones, lot of his followers now doubt the real reasons. Sun had been caught up partying with youtubers in San Francisco just a day after.
Mark Zuckerberg has made it clear that Facebook will not launch its Libra crypto until all the regulators have been brought on board and every regulatory issue resolved satisfactorily.
The way Libra is designed makes it hard for governments to see who’s paying whom, or to limit cross-border payments. Thus the People’s Bank of China (PBOC) has vowed to create a currency it can manage- likely one that will be linked to real identities.
Judging by recent news, Bitcoin has once again hit a new record! This time it’s the amount of Bitcoin supply which hasn’t been moved for more than five years. It reached an all-time high of 21,6%.