IRS Sends Fresh Round of Tax Warning Letters to Cryptocurrency Owners

The U. S. Internal Revenue Service (IRS) has begun sending new warning letters to cryptocurrency owners. This followed the tax agency prioritizing cryptocurrency on its tax forms. “The IRS is getting very serious about cryptocurrency tax compliance,” a tax expert told news. дальше »

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Cryptocurrency News Roundup for August 26, 2020

It looks like the U. S. Internal Revenue Service (IRS) has resumed its controversial campaign of sending letters to cryptocurrency holders. Just as seen in 2019, the purpose of these letters is to warn crypto investors against dodging taxes on their digital asset holdings. дальше »

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The Internal Revenue Service (IRS) Sends Out ‘Crypto Tax Compliance’ Letters To Investors

The U.S. Internal Revenue Service (IRS) is once again sending out letters to cryptocurrency investors notifying them to pay their taxes and those that haven’t filed their taxes correctly. The taxman is increasing its efforts in collecting crypto transaction taxes, and those yet to file could be subject to “future civil and criminal enforcement activity. […] дальше »

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The IRS is sending tax warning letters to crypto traders

A new batch of US crypto users have received warning letters from the Internal...

The post The IRS is sending tax warning letters to crypto traders appeared first on Coin Journal.

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Bitwage Rolls Out Tax Calculator Tool as IRS Ramps Up Crypto Pressure

The new tool comes as the IRS is sending more letters to crypto investors. дальше »

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Ripple Wires 55.5 Mln XRP, Sending Biggest Part from Wallet Last Used 7 Years Ago

Blockchain giant Ripple has transferred 55.5 mln XRP, sending 45 mln from an address last used in 2013, according to Bithomp дальше »

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This Potato-Themed DeFi Protocol is Sending Shockwaves Throughout the Crypto Market

Crypto Twitter has been captivated by a newly launched protocol called YAM that is structurally similar to Ampleforth – in terms of its regular rebasing – with the same “meme potential” as other popular DeFi tokens like YFI. дальше »

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Bitcoin Transaction Fees Soar 550% in a Month, BCH, Dash Transactions Much Cheaper

The cost of sending a transaction over the Bitcoin network rose sharply over the past month, as the price of the top cryptocurrency climbed higher. According to latest data from Bitinfocharts, the average bitcoin (BTC) transaction fee soared by as much as 547% in the month to August 6, rising from just $1 to $6. дальше »

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This key comparison shows Band Protocol (BAND) has massive room for growth

Band Protocol (BAND) – a decentralized oracle network – has recently become one of the hottest DeFi coins, with news of multiple integrations and a Coinbase Pro listing sending its price to fresh all-time highs earlier this week. дальше »

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Ledger Hardware Wallet to Issue Exploit Fix to Prevent Users from Sending BTC on Accident

According to a blog published by Mo Nokhbeh, a crypto software researcher, the Ledger Wallet app is in danger of exploitation due to a vulnerability that has persisted on the platform since 2019. According to Mo, a user can send Bitcoin (BTC) instead of other Bitcoin forks such as the BTC testnets, Litecoin, Bitcoin Cash […] дальше »

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Former Ripple CEO Chris Larsen Wires 75 Mln XRP, Following Large Anon Wallets Sending Same XRP Amount to His Address

Former Ripple?s chief executive sends 75 mln XRP to anonymous wallet after two major anon holders sent 37,5 mln XRP each to him дальше »

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GOOGL Stock Up 0.5% After Hours, Alphabet Q2 Revenue Falls 2% to $38.29B

Coinspeaker GOOGL Stock Up 0. 5% After Hours, Alphabet Q2 Revenue Falls 2% to $38. 29BAlphabet Q2 results are in, revealing that the company has managed to beat Wall Street expectations and sending the stock up after hours. дальше »

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Wealthfront Lures Millenials With Crypto Memes and Tactics

Brokerage firm Wealthfront is targeting millennials with an Instagramming cat mascot (pronouns she/her) and airdrops. I, Like, Want a Computer to Do It Like many brokers in an economic crisis, Wealthfront is looking to bring in more capital while sending out soothing e-mails, reminding clients not to panic sell. дальше »

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Binance Now Sending Out Its Debit Cards

Binance’s move into the payment card space takes flight as cards go out for delivery.

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Coinbase Users Were Prevented From Sending Over 30 BTC to the Twitter Hackers

Following the Twitter hack in which the hackers successfully stole $120,000 in BTC through a giveaway scam, Coinbase has revealed that it prevented over a thousand of its users from sending a total of 30. дальше »

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Crypto Exchanges Prevented Its Users from Sending at least $300k Worth of BTC to Twitter Hackers

Coinbase prevented more than 1,100 of its customers from sending more bitcoin to the scam promoted by Twitter hackers last week. In the worst security incident, the major accounts were hacked to post a Bitcoin giveaway scam. дальше »

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Twitter Hack Could Have Been a Lot Worse: New Details

Coinspeaker Twitter Hack Could Have Been a Lot Worse: New DetailsIt has become known that Coinbase saved over 1,000 users from sending Bitcoins to scammers in the recent Twitter hack. дальше »

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Twitter Hacker Managed to Scam Only 12 Bitcoin After Duping Major Accounts Using ‘Internal Tools’

A security incident on Twitter duped businesses and people into sending at least $120,000 worth of Bitcoin to an anonymous online wallet, half of which has already been spirited to other accounts. Given that some of the Twitter accounts targeted were using two-factor authentication (2FA) and strong passwords, the hack may be internal to twitter. […] дальше »

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Paxos introduces service enabling companies to integrate crypto buying and selling

CryptoNinjas » Paxos introduces service enabling companies to integrate crypto buying and selling Paxos Trust Company, a regulated bitcoin and blockchain asset financial institution, today introduced Paxos Crypto Brokerage, a new product offering that enables companies to integrate cryptocurrency buying, selling, holding and sending capabilities into their own applications. дальше »

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Advocacy Group Claims IRS-Issued Crypto-Warning Letters Violated Taxpayer’s Rights

Close to a year ago last July, the U. S. Internal Revenue Service (IRS) revealed it would be sending ‘soft letters’ to suspected American cryptocurrency owners advising them to pay their taxes. дальше »

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Showtime For XRP? Ripple Exec Reveals Plans For ODL Remittance Corridor Expansion To APAC And EMEA

San Francisco fintech firm, Ripple, is targeting expansion of its ODL (XRP-based payment solution) remittance corridors to APAC and EMEA, a senior executive of the firm has stated. Ripple Plans To Soon Power Remittances To APAC And EMEA Traditional nostro/vostro systems require pre-funding before sending money across borders. дальше »

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Charles Hoskinson: Cardano’s code is the “highest quality” seen in the crypto space

It has been an exciting week for Cardano, with the ongoing rollout of the Shelly public mainnet electrifying the ADA community and sending the token’s price rocketing higher. The post Charles Hoskinson: Cardano’s code is the “highest quality” seen in the crypto space appeared first on CryptoSlate. дальше »

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Israel Govt backed Crypto Startup, Kirobo, Develops Reversible Blockchain Transactions

The Israeli startup, launched in 2018, has launched its mainnet version of its Retrievable Transfer feature protecting users from sending their digital assets to wrong addresses. The platform employs a layer two security solution (logic layer) on a blockchain that works in two levels. дальше »

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Why I Joined Ripple

Ripple’s vision is to enable the world to move value like it moves information today—a concept referred to as the Internet of Value (IoV). It’s a goal that is close to my heart. Almost 20 years ago, I immigrated to the United States from India and personally experienced the challenges and expense inherent in sending … Continued The post Why I Joined Ripple appeared first on Ripple. дальше »

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Introducing ChefXRP

Last week, we launched PayID, with a coalition of over 40 companies around the world. PayID is an open protocol that helps improve the user experience of sending and receiving a payment across siloed payment networks using a standardized address format (user$domain. дальше »

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China, a U-turn in the Making?

There is no country more difficult to read than China where recently ethereum nodes saw a big jump for unclear reasons. Not least because they keep sending conflicting signals, with... дальше »

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China Ponzi Scheme PlusToken’s $185 Million Ethereum Stash is On The Move

Ethereum funds to the tune of $185 million, tied to the now-infamous PlusToken scam, moved on June 24, sending the cryptocurrency market in a tizzy and moving ETH prices down by almost 5 percent at the time of writing. дальше »

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After sending a coin up 10,000%, 4chan is obsessed with Ethereum DeFi again

Anonymous messaging platform 4chan, known for its involvement in crypto, has this weird infatuation with decentralized finance (DeFi). The post After sending a coin up 10,000%, 4chan is obsessed with Ethereum DeFi again appeared first on CryptoSlate. дальше »

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PayID to Make Sending Ripple’s XRP as Easy as Email

Ripple has joined the Open Payments Coalition to launch PayID, making peer-to-peer payments easier. RippleNet to Integrate PayID Ripple has joined the Open Payments Coalition, a group of over 40... The post PayID to Make Sending Ripple’s XRP as Easy as Email appeared first on Crypto Briefing. дальше »

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Bitcoin Whales Transfer 241,175 BTC in One Hour

Bitcoin whales have transferred almost 250,000 BTC in seven transactions, sending $2.2 bln without a single bank involved дальше »

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Ripple CEO Says Sending Payment 'Should Be as Easy as Email' as His Company Announces PayID

Ripple joins forces with major crypto companies and nonprofits to launch the PayID solution дальше »

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The Cost Of Transacting With Bitcoin Has Dropped By Almost 90% Within A Month

The Bitcoin network is currently experiencing a significant fall in transaction fees, making it now way cheaper to send BTC than it was merely a month ago. At the moment, the average one can pay for sending Bitcoin is $. дальше »

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Documents Show Craig Wright Claims to Own a Bitcoin Address With 80,000 BTC Stolen From Mt Gox

On June 12, 2020, the former CEO of Mt Gox, Mark Karpeles, tweeted about the notorious Craig Wright, the man who claims to be Satoshi Nakamoto. Karpeles and a number of crypto community members, assert that Wright’s legal team from London has been sending documents to certain individuals. дальше »

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70% Chance Bitcoin Reclaims $11.8K by July 2020; Here’s Why

Bitcoin rallied Friday, reversing a minor portion of its losses incurred during the yesterday’s sell-off. The cryptocurrency retraced upward from a convincing support trendline. It now appears to be trending inside a technical pattern, which has a 70 percent success rate in sending prices higher. дальше »

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Why Did This Crypto User Spend $2.5 Million In Ethereum Fees To Send 0.5 ETH?

This morning, Ethereum network fees surged to over $2. 6 million in a single hour. The spike in the metric was primarily due to one actor sending just 0. 55 ETH, but paying over $2. 5 million in USD value to do so. дальше »

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Ripple On Track to Set Up New ODL Corridors This Year

Ripple is working on opening new ODL corridors now as the world needs cash to go digital, including access to sending it, more than ever before дальше »

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Staying the Course in Remittances and SME Payments

With the dramatic shifts in the global economy, digital payment services are playing an increasingly critical role for people worldwide. Today’s crisis highlights the need for the digitization of cash, access, speed and reliability—especially for those sending money home to loved ones. дальше »

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Traders Push Bitcoin Below $10,000 By Dropping $150 Mln from BTC Open Interest

Skew reports that Bitcoin dipped below $10,000 again due to traders sending BTC open interest down $150 mln on BitMEX in sheer minutes. Still, things are not too bad дальше »

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Details About Issue for XRP Users Unveiled by Crypto Wallet Ledger

French hardware wallet manufacturer Ledger has now resolved the issue that prevented its XRP users from creating wallets and sending funds дальше »

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Ripple?s EUR ODL Corridor Wires 143 Mln XRP, Ripple Sends Another Stash Later

The ODL corridor Bitstamp has moved a gargantuan amount of XRP, with Ripple sending more afterwards. Meanwhile, the XRP Liquidity Index value has come close to a new ATH дальше »

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Bitcoin Dipped Below $9,000, What’s Next?

Bitcoin dipped below $9,000, sending investors back into fear, but data suggests that the pioneer cryptocurrency is poised to regain some of the losses incurred. Bitcoin Posts Considerable Losses Fear,... The post Bitcoin Dipped Below $9,000, What’s Next? appeared first on Crypto Briefing. дальше »

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Bitcoin Moved From 2009-Dated Wallet, but It May Not Be Satoshi Nakamoto

A Bitcoin wallet from 2009 made its first transfers in over 11 years, sending $400,000 worth of BTC to an exchange.  While the crypto-community hailed the return of Satoshi, some points show it is unlikely to be Bitcoin’s mysterious creator. дальше »

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Who Is Satoshi? Rounding Up The Usual Suspects After Today’s 50 Bitcoin Transaction

This morning, a 50 BTC transaction with a UTXO from February 2009 was made, sending the Bitcoin community into a storm of speculation. Was it Satoshi who was moving the coins, or someone close to the original, mysterious creator of the first-ever cryptocurrency? The discussion has brought back discussion as to who Satoshi actually could... дальше »

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Speculation Swirls Over the 2009 Bitcoin Miner

The bitcoin sphere is abuzz following the movement of coins mined just about a month after the genesis block, sending all into frenzied speculation. The 50 bitcoins that partially found... The post Speculation Swirls Over the 2009 Bitcoin Miner appeared first on Trustnodes. дальше »

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Crypto Whale Sends 14,922 BTC to Anon Wallet as Average Fee to Send BTC Hits $5.82

Trading expert Mati Greenspan tweets that the average fee for sending BTC is now almost $6. Meanwhile, whales have moved $143 mln in Bitcoin and nearly $53 mln in EOS дальше »

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Ethereum Longs Reach Stratosphere, Nearing 2% of Total Supply

An incredible amount of eth is currently betting long on just one exchange, Bitfinex, sending it far beyond previous all time highs as can be seen above. An astonishing one... The post Ethereum Longs Reach Stratosphere, Nearing 2% of Total Supply appeared first on Trustnodes. дальше »

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Germany’s Supreme Court and ECJ Go to War Over the Nature of Money

In the Name of the People. So begins a judgment by Germany’s highest court with its conclusion sending shockwaves throughout the continent for it affects two most fundamental matters: the. . дальше »

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Securitize Builds Digital ID Service in Hopes of Creating Industry Standard

Securitize is rolling out a digital ID service so issuers, investors and other players in the security token market don't have to keep sending the same documents to every company they deal with. дальше »

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Severe Disney Earnings Miss Is About To Ruin The Dow’s Week

Wall Street had a grim forecast for Disney first quarter earnings, but its report fell far short of expectations, sending Dow futures falling. The post Severe Disney Earnings Miss Is About To Ruin The Dow’s Week appeared first on CCN.com дальше »

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This Sick Bitcoin (BTC) Scam Takes COVID-19 Fears to New Level

COVID-19 criminals come up with a callous threat to intimidate sensitive people into sending them crypto дальше »

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