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Cardano (ADA) intensifies efforts against scams with launch of new task force

Cardano (ADA) has rolled out a task force to fight fraudulent activities and scams. The launch is coming after a recent report of an increased spate of fraud within the crypto industry. Cardano founder Charles Hoskinson said he has been frustrated by the high levels of scams within the industry and thinks his company can […] The post Cardano (ADA) intensifies efforts against scams with launch of new task force appeared first on Invezz. дальше »

2021-3-31 12:11


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South African Taxpayers Who Fail to Disclose Income From Cryptocurrency Trading Face Possible Jail Time

According to a report, the South African Revenue Service (SARS) has sent out audit requests to taxpayers asking them to disclose their cryptocurrency trades and purchases. Taxpayers that fail to correctly disclose their income from bitcoin or other cryptocurrencies may be “liable to a fine or imprisonment for up to two years.” SARS Tracking Non-Compliant […] дальше »

2021-2-4 12:20


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Janet Yellen Vows to Implement Laws to Curtail Illicit Crypto Use

Janet Yellen, President Biden’s nominee for Treasury Secretary, has clarified her stance on bitcoin (BTC) and other cryptocurrencies, making it clear that she will go all out to formulate and implement regulations that would curtail the use of blockchain-based cryptocurrencies for illicit activities, according to a Decrypt report on January 22, 2021. Yellen Not Anti-CryptoRead More дальше »

2021-1-23 21:00


Bitcoin is Going Mainstream, Why The Doubters Will Be Kicking Themselves

According to the website 99bitcoins.com, to date, Bitcoin has died a total of 341 times. The most recent report of Bitcoin’s demise came from The Felder Report, less than two weeks ago, in which former Bear Stearns analyst Jesse Felder wrote: “Ponzi schemes can work out great for early adopters. But that doesn’t make bitcoin, […] дальше »

2020-12-8 16:12


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Tax expert claims reporting is key in the process of filing crypto taxes

Wendy Walker, a solution principal at Sovos, a tax compliance firm, has come out to describe reporting as the most important part of filing crypto taxes. She disclosed this information during an interview on October 30, noting that crypto adopters should always report details of their transactions even if they don’t owe income taxes. дальше »

2020-10-30 15:17


Australian Senate Sees Blockchain Technology As The Future Of FinTech And RegTech

Australian Senate releases a report on the impact of blockchain technology on the country’s economy, technology status, and regulation technology. Released earlier this month, the 281-page interim report, “Select Committee on Financial Technology (FinTech) and Regulatory Technology (RegTech)”, focused on innovative technologies, laying out the benefits of implementing blockchain technology across the economy. дальше »

2020-9-7 16:40


Binance On The Spot As Ransomware Attackers Cash Out Over $1 Million On The Exchange

A new report from unnamed researchers points at Bitcoin as one of the contributors to increased hacking by popular ransomware, Ryuk – launched in 2018. According to Interpol, BTC is rising as a favorite option for hackers as the payment is given the privacy associated with the token. Since launch, over $61 million in BTC […] дальше »

2020-8-24 15:31


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Current Market Structure Reminiscent of Period Preceding Bitcoin’s Historic Bull Run: Grayscale

The gains in the crypto market have digital asset manager Grayscale Investments AUM jumping to $5.8 billion. In its latest report titled “Valuing Bitcoin” written by Grayscale research director Phil Bonello, he points out that a plethora of blockchain metrics indicate that “the current market structure is reminiscent of early 2016, the period that preceded […] дальше »

2020-8-21 19:37