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Cryptocurrency Tax Preparation Firm Calls Out Coinbase Regarding Questionable Airdrop Details

According to CCN, a crypto tax preparation firm sent it a “consumer warning” outlining two crypto tax elements that other exchanges such as Coinbase and Intuit have been doing wrong. The warning stated concerning Coinbase, “The online tax guidance provided by Coinbase implies that airdrops are taxable as ordinary income—which is reported on Line 21 […] дальше »

2019-4-10 19:08


The Philippines’ Central Bank Has Already Legalized 10 Bitcoin Exchanges

According to local reports, the Bangko Sentral ng Pilipinas (BSP) has approved three crypto exchanges, bringing the total number of approved crypto exchanges to 10. The Manila Times reported: “Melchor Plabasan, officer-in-charge at the Technology Risk and Innovation Supervision Department of the central bank, said newly approved were Bexpress Inc. дальше »

2019-4-10 15:12


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KPMG survey: 67% of corporates are not using blockchain technology

If a recent poll conducted by KPMG is anything to go by, blockchain technology still has a way to go in terms of corporate adoption in the tax and finance world. According to the survey, which asked the opinion of 450 respondents, some 60 percent of participants said they would be willing to adopt the technology within the organizations in a bid to automate tasks. дальше »

2019-4-9 19:00


Tallahassee Payroll Account Loses Nearly $500,000 Due to Suspected Cyberattack

Nearly $500,000 has been diverted out of a city of Tallahassee payroll account and the suspected culprit is a cyber attack on the city’s human resources management application. City spokeswoman Alison Faris reported that “There is no indication of any impact to external city customers or vendors.” The funds were supposed to be used for […] дальше »

2019-4-9 14:24


EOS Sets PR for Its Network Activity Outperforming Peers Such as BTC, Tron or Ethereum

EOS, one of the largest blockchain networks in the market, has registered new records. In the last few days, the digital asset has experienced a very important growth. As reported by eoswriter.io, the network has established a new record for cryptocurrency actions, surpassing Bitcoin (BTC), Tron (TRX) and also Ethereum (ETH). EOS’ Blockchain Activity Increases […] дальше »

2019-4-8 00:18


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Indian entrepreneur implicated in $300 million Bitcoin Ponzi scheme gets bail

Amit Bhardwaj, a man accused of running a $300-million Bitcoin Ponzi scheme, has reportedly been granted bail on medical grounds, citing a deteriorating kidney condition. The former entrepreneur, who was arrested in Bangkok last year, was reportedly admitted into Apollo Hospital in India, maintaning he needed regular dialysis treatment to treat his condition. дальше »

2019-4-4 13:46


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Data Shows Short-Term Crypto Tax Filers Increase, But Lots of Investors Still Won’t File

According to personal finance firm Credit Karma Tax, filers who reported short-term capital losses for cryptocurrencies in the first month of 2019 jumped fivefold year-over-year. After the incredibly bearish crypto markets of 2018, data from early tax filers highlights the fact that more investors are claiming losses this tax season. дальше »

2019-4-3 21:30