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Wifi Sharing Platform Wicrypt Gets Government Grant in Nigeria


A crypto startup providing wifi hotspot sharing services in Nigeria has won funding from the country’s telecom regulator. Wicrypt placed second among 25 tech companies participating in an innovation competition organized by the Nigeria Communication Commission and it’s going to receive...

Lawmakers Want Answers From IRS, Citing Major Issues With Crypto Tax Guidance


Eight lawmakers have sent a letter to the IRS seeking answers to new questions stemming from the latest crypto tax guidance. They pointed out a number of major issues including unwarranted tax liabilities for crypto users who unwillingly receive forked or airdropped coins. Also read: Regulatory...

23 Days Until a Bonded Courier Supposedly Delivers Keys to $8 Billion in BTC


In 23 days, the infamous self-proclaimed Bitcoin inventor Craig Wright will allegedly receive 1,100,111 BTC from a trust purportedly held in Seychelles. In fact, many Wright supporters and BSV proponents wholeheartedly believe Wright will “gain complete ownership of the trust,” and to...

Crypto Startups to Get up to $75,000 From the Government of Ukraine


Ukrainian crypto companies can now receive up to $75,000 each in the form of government sponsored grants. A special fund set up by the authorities in Kiev is already accepting applications from startups in various high tech sectors including the blockchain industry. Over $1.5 million will...

Save Big on An Event Apart for a Limited Time!


(This is a sponsored post.) If you could get one gift from your boss this holiday season, what would you want it to be? You know, other than the usual mouse pad, picture frame or, my favorite, the ol' coffee mug and Starbucks card combo. What if you were to receive something, hmm, more substantial?...

Save Big on An Event Apart for a Limited Time!


(This is a sponsored post.) If you could get one gift from your boss this holiday season, what would you want it to be? You know, other than the usual mouse pad, picture frame or, my favorite, the ol' coffee mug and Starbucks card combo. What if you were to receive something, hmm, more substantial?...

Bitfinex and Tether Receive Another Class Action Lawsuit in US Courts


The operators of the cryptocurrency exchange Bitfinex and the stablecoin Tether have notified users that they were hit with another class action lawsuit in U.S. courts over market manipulation allegations that the companies are trying to frame as mercenary and baseless. Also Read: Bitfinex Claims...

Gocrypto SLP Token Starts Trading on Bitcoin.com Exchange


On 25 November 2019, the Gocrypto (GOC) token will start trading on Bitcoin.com Exchange. The new SLP token enables merchants with physical or online stores to accept instant crypto payments from different digital wallets with millions of users and to receive settlement in their local fiat. Also...

Credit Suisse Is Latest Bank to Charge Clients for Cash Deposits


In a normal world savers are expected to receive compensation for giving their money to the bank. Instead, due to negative interest rates, we are now seeing more financial institutions actually charging their clients for fiat cash deposits, with Credit Suisse the latest big bank to join in on this...

Monex Offers Crypto Rewards to Shareholders Furthering Japanese Adoption


Owner of popular Japanese crypto exchange Coincheck, Monex Group, has now announced it will reward shareholders in the company with crypto. Shareholders are to receive a BTC dividend provided they have a Coincheck account. With Japan viewed as one of the top crypto adoption hotspots globally,...

Crypto Facilitates Money Transfer for Restricted China


Crypto is not illegal in China, but it is illegal for banks and financial institutions to deal in crypto. It’s also illegal to send or receive over $50,000 in fiat money without government permission. Restrictive banking regulations, international trade wars, and a surveillance state in...

NEXO Token Holders Receive US$2,409,574.87 in Dividends


Nexo is delighted to announce that the Dividend Payment of US$2,409,574.87 to NEXO Token Holders scheduled for August 15, 2019, is now complete. NEXO Token Holders can simply log in to the Nexo Mobile App to view the dividend that has been credited to their wallets. The annualized dividend yield...

Tax Expert: IRS Letters Confirm That Trading Cryptos Is a Taxable Event


The U.S. Internal Revenue Service (IRS) announced on July 26 that 10,000 American cryptocurrency users will receive a letter reminding them to pay taxes or amend any mistakes on past filings. At the time, IRS Commissioner Charles Rettig said U.S. taxpayers should take the warning letters...

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