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DOJ, FBI, IRS Joint Task Force Arrest Twenty Year Olds For SIM Swapping, Stealing $550,000 In Crypto

SIM swapping is a method of infiltrating someone’s phone, presently being used in the crypto industry by hackers that want to steal cryptocurrency and take over social media accounts. The method has been used by multiple hackers, but a press release reveals that the FBI has already arrested two residents in Massachusetts for their own […] дальше »

2019-11-15 09:03


IRS Says Like-Kind Tax Exemption Does Not Apply to Crypto Transactions, Nor Did It Before 2018

An IRS official has said that taxpayers can’t defer taxes on cryptocurrency exchanges, not even for pre-2018 transactions. Things have been clear up until now: taxpayers can’t make like-kind exchanges when it comes to cryptocurrency trades that took place in 2018, as a result of the previous year’s tax overhaul. Like-kind exchanges are allowing taxpayers […] дальше »

2019-11-15 23:56


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‘Zimdollars’ Issued for First Time in Ten Years Amidst Continued Hyperinflation

The new Zimbabwe dollar has hit the streets, with banks beginning to issue the paper currency Tuesday. The ‘Zimdollar,’ existing earlier this year as coins, e-balances, the RTGS dollar, and bond notes, was returned to in June as a replacement for the Real Time Gross Settlement (RTGS) system implemented in February. дальше »

2019-11-14 09:00


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Craig Wright Predicted Bitcoin, Litecoin Should Be Dead By Now

Craig Wright, self-proclaimed creator of Bitcoin (BTC) is no stranger to controversial statements. But his prediction made this time last year certainly stands out as one of his biggest claims.   November 2019 Was Supposed to Be the End Back in November 2018, Wright stated in a rather cryptic manner that he had information which would essentially see both Bitcoin and Litecoin “killed”. дальше »

2019-11-13 19:15


South Korean CoinUp’s President and Eight Other Execs Behind Bars for Swindling Investors

South Korean crypto exchange, CoinUp gets tainted, as many of its executives have officially been arrested following a year’s worth of investigation, reports BeInCrypto. To be more specific, President of CoinUp, Kang Seok-Jung gets a 16-year sentence followed by the firm’s Chief Financial Officers and Vice Presidents, all of whom have swindled investors of 400 […] дальше »

2019-11-13 18:59


Tech Giant Google Gets into Banking Following Apple, Facebook Pay & Crypto Project “Libra”

Alphabet Inc.’s Google will start offering checking accounts to consumers sometime next year, becoming the latest technology giant to push into banking and finance. The project named Cache, created in partnership with Citigroup Inc and a small credit union at Stanford University is following in the footsteps of tech heavyweights Apple and Facebook that moved […] дальше »

2019-11-13 17:43