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Tax justice for crypto users: The immediate and compelling need for an amnesty program
20.12.2020
A crypto tax amnesty program could be the fairest way for achieving tax compliance and collection on crypto transactions
Bitcoin’s Inception: A 340-Page Book Compiles All of Satoshi’s Writings in Chronological Order
20.12.2020
Bitcoin’s mysterious creator, Satoshi Nakamoto, first appeared on the web when the software programmer (or programmers) published the Bitcoin white paper on Halloween 2008. After the paper published and the crypto network launched, the inventor spent a little time with the community curating...
Nicehash Crypto Mining Pool ‘Fully’ Reimburses All Users Affected by 2017 Hack
19.12.2020
A Slovenian cryptocurrency mining pool and trading platform announced that they’ve managed to fully compensate their users affected by a hacking attack that took place in December 2017, which took over 4,600 bitcoins. Nicehash ‘Fully’ Reimburses Users Affected in 2017 Hack...
US Treasury Unveils Stifling Crypto Wallet Regulation — Experts Break Down the Rules
19.12.2020
The Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Treasury Department, has unveiled its proposed rules on transactions involving cryptocurrency wallets. Experts in the crypto community have weighed in on what the new proposed regulation means, what crypto owners should do,...
Survey: There Is ‘Significant Room’ for the NFT Market to Grow Despite Widespread Lack of Knowledge Among People
19.12.2020
A survey about non-fungible token (NFT) trends on crypto users revealed that 47% of correspondents had heard of NFT, and among these, 63% of them had only a basic understanding about it, while 57% of them had never used them. Survey Reveals Common User Has Just a Basic Understanding of NFT Market...
Traditional crypto custodians ramp up security to accommodate institutional demand
19.12.2020
Offline storage solutions are necessary for traditional custodians and banks supporting digital assets
American Express’ Venture Arm Invests in a Cryptocurrency Trading Platform
19.12.2020
American Express says its venture arm, Amex Ventures has invested in Falconx the cryptocurrency trading platform that focuses on serving institutional trading clients. Amex’s investment, which was announced during a record-breaking week for bitcoin, underscores the credit card issuer’s...
Gift Ideas For a Very Merry Crypto Christmas 2020
19.12.2020
With another bitcoin (BTC) all-time high and Christmas knocking on our wreath-decorated doors, we are reminded that a major aspect of the holiday season is certainly - that’s right – shopping after an impressive bull run in the market this year. Let’s take a look at some interesting crypto-themed...
High Spikes, Higher Jumps, Highest Bulls and 20 Crypto Jokes
19.12.2020
In the week of bulls, bitcoin not only touched the USD 20K level, but it shot right past it, and towards USD 23K, and over it. It’s much appreciated (pun intended). As more people are interested in buying BTC and ETH than selling them, Bitcoin bulls and bears listed the reasons why they think...
Two Rubygems Infected With Crypto-Stealing Feature Malware Spotted by Researchers
19.12.2020
New infected Rubygems packages have been spotted in its open-source software repository and which contained malicious code mainly used to steal cryptocurrencies from users via supply chain attack. Two Cryptocurrency-Stealers Rubygems Detected by Researchers at Sonatype According to Ax Sharma,...
FBI Warns Ransomware Gangs Are Harassing Victims via Telephone Calls to Pay Crypto Ransoms
19.12.2020
The U.S. Federal Bureau of Investigation (FBI) has released an alert that warns private industry in the country about incidents of harassment of victims made by ransomware gangs, such as the well-known Doppelpaymer group. FBI Is Aware of Cold-Calling Tactics by Ransomware Gangs According to a...
Bitcoin’s Early Days: Reporter Recalls $200K Sushi Dinner After Spending 10 BTC, Former Bitcoin Dev Sells 55,000 BTC for Under $30 a Coin
19.12.2020
As bitcoin touched an all-time price high this week, the tech reporter at the New York Times, Kashmir Hill, recalled how she spent 10 BTC ($224k) for a sushi dinner for a couple of dozen strangers. Hill wrote about the dining experience in a recent article called “How I Blew My Bitcoin...
China’s crypto landscape: How CBDCs drove blockchain adoption in 2020
19.12.2020
As a developing tech power, China is one of the fastest countries in adopting blockchain technology
Here’s What Happened at Crypto Lender Cred’s Latest Bankruptcy Hearing
19.12.2020
Judge John Dorsey of the Delaware Bankruptcy Court rejected a motion to appoint a Chapter 11 trustee to oversee Cred’s restructuring
It's here: Treasury proposes rule to monitor crypto going to self-hosted wallets
18.12.2020
Many have called the long-rumored rules an existential threat to peer-to-peer transactions
US Senator-elect rails against potential crypto wallet ruling
18.12.2020
Rumored upcoming crypto wallet regulation gains further opposition, this time from Cynthia Lummis, a recently elected Wyoming senator
Law Decoded: Crypto on the rise, Big Tech on notice, Dec. 11–18
18.12.2020
The crypto industry is ending 2020 on a high note, while major social media platforms face a phalanx of lawmakers and lawsuits
Crypto is at 'a fork in the road,' OCC leader Brooks says
18.12.2020
Brian Brooks, the acting head of the U.S. Office of the Comptroller of the Currency, said crypto regulation could either focus on safety for participants or could undo all progress
Five times crypto got weird in 2020
18.12.2020
Crypto is no stranger to weirdos, so here’s a few times the space got strange in 2020
Rumored US crypto wallet restrictions: A step toward financial exclusion
18.12.2020
Without proper crypto regulation, the U.S. government might create a massive roadblock to financial inclusivity