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Congressional Committee Calls for Clearer Crypto Tax Code in Letter to IRS

congressional committee calls for clearer crypto tax code in letter to irs
In an open letter to the Internal Revenue Service (IRS), the U.S. House’s Committee on Ways and Means argues that the tax collection body is leaving investors in the lurch with its vague..
Bitcoin Magazine

Enigma Delays Release of 'Discovery' Protocol on Ethereum Mainnet

The next stage in the privacy protocol's roadmap will no longer occur in Q3, according to the company.

Videos for Cryptocurrencies

Crypto Startup Civil Uses Blockchain to Fund Journalism [Video]Crypto Startup Civil Uses Blockchain to Fund Journalism

What does crypto have to do with journalism? Civil Media thinks it can be the answer to some of the field's woes, from eroding trust to a collapsing business model. As CEO Matthew Iles, explained, the..

Cheddar Inc. -   01:52

Japan Hit With Second Major Bitcoin Heist [Video]Japan Hit With Second Major Bitcoin Heist

Hackers stole $60 million in cryptocurrency from Zaif, the Japanese digital exchange. Business Insider says the exchange is owned by Tech Bureau Corp, an Osaka based company. The company said hackers..

Wochit -   00:37

Is This The Last Of The Bank Fines? | Lex [Video]Is This The Last Of The Bank Fines? | Lex

► Subscribe to the Financial Times on YouTube: Six banks have been fined $5.6bn over rigging foreign exchange markets, but their shares have climbed. Lex’s Robert..

Financial Times -   03:37

What is Bitcoin and how does it work? | FT Business [Video]What is Bitcoin and how does it work? | FT Business

►Subscribe to the Financial Times on YouTube; FT technology reporter Sally Davies explains how the “blockchain” technology behind bitcoin works. With the digital..

Financial Times -   04:35

Japan Suffers Another Bitcoin Heist [Video]Japan Suffers Another Bitcoin Heist

Hackers stole $60 million in cryptocurrency from a Japanese digital exchange called Zaif. Business Insider reports the exchange is owned byTech Bureau Corp, an Osaka based company. The company said..

Wochit -   00:37

CME CEO Duffy Says NY AG Crypto Allegations Are Concerning [Video]CME CEO Duffy Says NY AG Crypto Allegations Are Concerning

Sep.19 -- Terry Duffy, CME Group chairman and chief executive officer, discusses the regulation of cryptocurrencies with Bloomberg's Caroline Hyde and Scarlet Fu on "Bloomberg Markets: The Close."

Bloomberg Technology -   04:16


Bitcoin Price Watch: Is $6,500 Imminent?

bitcoin price watch: is $6,500 imminent?
At press time, bitcoin is trading for just shy of $6,400. While it’s good news that the currency hasn’t dropped any further than it already has, it’s disappointing to see bitcoin stay where..
The Merkle

US Congress Requests Comprehensive Cryptocurrency Guidance From IRS

us congress requests comprehensive cryptocurrency guidance from irs
The current guidelines, begun in 2014, are still "preliminary."
ETH News

Top 6 Cryptocurrencies With the Highest Median Fees

top 6 cryptocurrencies with the highest median fees
Transaction fees can make or break any cryptocurrency on the market today. Top currencies have often struggled to keep a low fee with the amount of transactions on the network. The following six..
The Merkle

Quick Brew? BitFury's Coffee Machine Accepts Bitcoin Via Lightning Network

A Bitfury-led engineering team has created a coffee vending machine capable of accepting bitcoin payments through the Lightning Network.

Top 6 Cryptocurrencies Adding the Most Data to Their Blockchain

top 6 cryptocurrencies adding the most data to their blockchain
When it comes to looking at the different cryptocurrencies on the market, the length of one’s blockchain is often discussed as well. Some currencies tend to add a lot of data to their chain compared..
The Merkle

Just a Cycle? Big Bitcoin Miners Stay Positive in Face of Market Slump

Executives from several bitcoin mining firms have said at Consensus Singapore that they are not concerned by current low crypto prices.

Another Cryptocurrency Exchange Hack Hits Japan

another cryptocurrency exchange hack hits japan
Another cryptocurrency heist has shaken Japan. This time, 6.7 billion yen ($60 million USD) worth of company and user funds have vanished from Japanese cryptocurrency exchange platform Zaif.Tech Bureau..
Bitcoin Magazine

Why Your Financial Advisor Won't Talk to You About Bitcoin

why your financial advisor won't talk to you about bitcoin
Bitcoin is in the news, and we’ve all seen the stories about early investors who’ve made millions and driven away in new lambos. So it’s only natural that people who haven’t invested already..
Bitcoin Magazine

3 Exchanges Facing Scrutiny by New York State’s Attorney General

3 exchanges facing scrutiny by new york state’s attorney general
Cryptocurrency exchanges are the backbone of this nascent industry. Over the years, these companies have had to adhere to very strict regulatory measures The following three platforms are at risk of..
The Merkle

Apple debuts Bitcoin glyphs in iOS 12 via Shortcuts app

While iOS still offers no Bitcoin emoji and Apple doesn't allow crypto mining in apps, there are now two different Bitcoin glyphs, part of the Siri Shortcuts app.

Kraken Joins Coinbase in Rebuking ‘Malicious’ Implications in New York Attorney General’s Exchange Report

kraken joins coinbase in rebuking ‘malicious’ implications in new york attorney general’s exchange report
Cryptocurrency exchange Kraken has come out fighting after a NY Attorney General’s report called certain aspects of its operations “alarming”
The Cointelegraph

Up 13%: XRP Jumps By Double Digits for Second Time This Week

XRP is a standout performer today in the cryptocurrency market as its price boasts double-digit percent gains for the second time this week.

“Someone’s Got to Be the Voice of Reason” — Kraken Responds to NY AG Report

“someone’s got to be the voice of reason” — kraken responds to ny ag report
The New York Attorney General’s office has pointed a finger at cryptocurrency exchange Kraken for “potential” violation of state regulations. Now, the San Francisco–based exchange is firing..
Bitcoin Magazine

The Future of Crypto Mining may Involve Electric Vehicles

the future of crypto mining may involve electric vehicles
One has to commend companies for trying to put a different spin on cryptocurrency mining. Although this industry remains very popular, the concept of mining cryptocurrencies has also gotten a very bad..
The Merkle

Ripple Soars as Wider Crypto Markets See Flush of Green

ripple soars as wider crypto markets see flush of green
Ripple skyrockets over 15 percent, as virtually all of the large-market-cap cryptocurrencies see green today
The Cointelegraph

PAX stablecoin has backdoor for freezing and seizing cryptocurrency

The Ethereum community has found some rather unnerving facts about a new stablecoin known as PAX. It turns out the cryptocurrency – backed by the US dollar – contains backdoors that give..
The Next Web

US Lawmakers 'Strongly Urge' IRS to Update Crypto Tax Guidance

U.S. lawmakers are calling on the Internal Revenue Service to provide clear guidance on how cryptocurrency-related taxes will be calculated.

Bitfury Reveals New Generation of Bitcoin ASIC Chips

Bitfury Group unveiled a new generation of bitcoin mining ASICs on Wednesday, boasting greater efficiencies than previous models.

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