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Loophole in U.S. Tax Law Could Allow Bitcoin Traders to Write off Unlimited Losses

10.6.2020
A loophole in the U.S. tax law could allow qualified bitcoin traders to write off unlimited losses from their trading activities, according to an expert from crypto tax platform Coin Tracker. Traders, defined by U.S tax collection agency Internal Revenue Service (IRS) as people who trade...

66% of Coinbase Users Willing to Leave the Exchange Due to Mounting Privacy Concerns

8.6.2020
Two-thirds of people who use Coinbase are willing to leave the platform following reports that the U.S. exchange plans to sell user data to two government agencies for $250,000. Cryptocurrency trader and analyst John Rager carried out a poll on Twitter, asking his 73,000 followers: “Would...

Notion-Powered Websites

14.5.2020
I’m a big fan of Notion, as you likely know from previous coverage and recent video. It’s always interesting to see what other people do with Notion, and even how Notion uses Notion. I’d say most usage of Notion is private and internal, but any page on Notion can be totally...

Internal Struggle at Bitcoin Mining Giant Bitmain Escalates to Physical Confrontation

8.5.2020
After Micree Ketuan Zhan, the exiled co-founder of Bitmain, moved to reinstate his position after another partial legal victory over his former employer, tensions reportedly escalated into a physical brawl

How to Create a “Skip to Content” Link

17.3.2020
Skip links are little internal navigation links that help users move around a page. It’s possible you’ve never actually seen one before because they’re often hidden from view and used as an accessibility enhancement that lets keyboard users and screen readers jump from the top of the page to...

Hong Kong Crypto Exchange Bitspark Shuts Down Amid Coronavirus Outbreak and Protests

5.2.2020
Crypto exchange service provider Bitspark is shutting down next month despite reporting exponential growth following the launch of its cash point product. The CEO of the company explained that its internal restructuring has not worked out but insisted that the ongoing protests in Hong Kong...

Bitspark to Shut Down Due to Internal Issues, Despite Positive Results

4.2.2020
Maxine Ryan. Source: a video screenshot, Youtube, Real Vision Finance Bitspark, a bankless money transfer solution utilizing blockchain technology, will be shutting down in a month, despite reporting positive results. Hong Kong-based company will be closing its doors on March 4, 2020, announced...

IRS Explains What Crypto Owners Must Know to File Taxes This Year

2.2.2020
Kicking off this year’s tax filing season, the U.S. Internal Revenue Service (IRS) has published important tips for crypto owners to properly file their tax returns. This is the first time a cryptocurrency question has been included in the tax form. The IRS expects more than 150 million...

IRS Now Requires Tax Filers to Disclose Crypto Activities

9.12.2019
The U.S. Internal Revenue Service (IRS) has finalized and put in use a new tax form that requires crypto owners to declare whether they received, bought, sold, exchanged, or acquired any cryptocurrencies in 2019. Tax experts are frustrated at the vagueness of the tax agency, with some questioning...

Ethereum Foundation to End Funding for Internal Teams From Next Year

9.12.2019
Ethereum developer Nina Breznik tweeted a couple of days ago that Ethereum Foundation will stop funding internal teams from next year and stated that the funding would first stop for the youngest projects. Breznik currently works on projects like Smart Contract Codes and DatDot, while previously...

US Judge Denies Customer’s Plea to Quash IRS Bitstamp Inquiry

28.11.2019
A Washington Western District Court judge has rejected petitioner William Zietzke’s appeal to stop the U.S. Internal Revenue Service (IRS) from accessing his Bitstamp trade data. An IRS summons invoked Zietzke to file a petition to quash the tax agency’s investigation into his private...

IRS Dispels Crypto Tax Confusion

17.11.2019
The U.S. Internal Revenue Service (IRS) has cleared up some confusion about how cryptocurrency transactions are taxed, particularly regarding like-kind exchanges and promotional airdrops. As the tax agency intensifies its enforcement efforts, more people are seeking the best tax software to help...

Internal Revenue Service (IRS) Finds Ways to Track Cryptocurrency Tax Avoidance

11.11.2019
According to the recent meeting with tax authorities of different countries, the Internal Revenue Service (IRS) of the United States finds various ways to track the cryptocurrency criminals that are not paying taxes. The authorities from the US, Australia, Canada, UK, and the Netherlands combined...

Tax Agencies Worldwide Plan to Crack Down on ‘Dozens’ of Crypto Tax Evaders

10.11.2019
The U.S. Internal Revenue Service (IRS) has revealed the agency is cracking down on “dozens” of cryptocurrency users evading taxes. The IRS has partnered with tax agencies from four other countries in order to make sure tax enforcement strategies are being applied across the map. Also...

Laying the Foundations

18.10.2019
Here’s a new book by Andrew Couldwell all about design systems and his team’s experience at Sprout Social. For a while now they’ve been building Seeds, a brand guide that the internal team can and reference for brand and design-related things, including patterns, variables, and components....

IRS to Require 150 Million Tax Filers to Disclose Crypto Dealings

12.10.2019
The U.S. Internal Revenue Service (IRS) has unveiled a new draft tax form used by some 150 million people in the country to file tax returns. It has a section that requires them to answer whether they have received, sold, sent, exchanged, or acquired any financial interest in any cryptocurrencies...

IRS Issues New Crypto Tax Guidance After 5 Years – Experts Weigh In

10.10.2019
The U.S. Internal Revenue Service (IRS) has issued long-awaited guidance on the tax treatment of cryptocurrencies. It is generally described by the crypto community as a mixed bag since some parts are useful while others have raised many more questions, particularly how cryptocurrencies from hard...