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IRS Agents Propose Draconian Tactics to Investigate Bitcoin Users


A recently published U.S. Internal Revenue Service (IRS) slide describes alarming recommendations on how tax agents should deal with digital currency users who are not paying taxes. The slide recommends that agents question crypto users’ friends and family, comb through social media posts...

Kakao's Klaytn Sacrifices Decentralization to Beat Ethereum on Speed


There seems to be a blockchain marketing battle happening as South Korean giant Kakao claims that its recently launched permissioned blockchain platform Klaytn is up to 15 times faster than Ethereum, which is a permissionless blockhain. Moreover, the South Korean platform announced today a batch...

Good News Failed to Cushion CELR and BTT Price Drop


Despite some expected but still positive news coming the way of Celer Network (CELR) and BitTorrent (BTT), the prices of both tokens continue to drop. Celer Network announced the launch alpha-mainnet, Cygnus in yesterday’s Twitter post. In their Medium post, Celer Network explains that this...

This is How the U.S. Taxman is Looking for Your Crypto


Source: iStock/D-Keine A set of slides allegedly prepared for agents working with criminal investigations in the Internal Revenue Service (IRS) – the tax authority in the U.S. – is shedding more light on how the government is going after crypto users who are suspected of engaging in tax evasion...

Samsung Adds Six New Dapps to its Wallet, More to Follow


South Korean tech giant Samsung has unveiled a range of new decentralized apps (dapps) for users of its Galaxy S10 smartphone’s blockchain wallet. The company announced an initial four dapps for the Samsung Blockchain Wallet in March this year, with support for gaming platform Enjin, beauty content...

The Crypto Market Sentiment Improved, More Gains Likely


In the past three sessions, bitcoin price gained significant bullish momentum from the USD 11,400 support base. BTC/USD broke the key USD 12,000, USD 12,200 and USD 12,500 resistance levels to move into a positive zone. Looking at major altcoins, ethereum and bitcoin cash showed positive signs,...

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