cryptocurrency

Coinbase releases Cryptocurrency Tax tool

Coinbase releases Cryptocurrency Tax tool

Coinbase the startup which has become the go-to exchange for many newcomers who are looking to invest in the technology has released a gain/loss calculator to help users meet the newly placed U.S. tax requirements.Recently as the IRS has begun to cr..

Scammers Steal Cryptocurrency Worth $2 Million Through a Scam Named Project Giza

Scammers Steal Cryptocurrency Worth $2 Million Through a Scam Named Project Giza

All the hype about cryptocurrency has been further spurred by the recent developments in the cryptocurrency market. It looks as though scammers have managed to carry out an invalid initial coin offering or ICO and make a run with almost close to $2 ..

Wall Street Veteran Predicts Bitcoin Value to Drop by 90%

Wall Street Veteran Predicts Bitcoin Value to Drop by 90%

Bitcoin is becoming increasingly popular and drawing investors by the number because of the significant returns in bitcoin investments over the past six years. Bitcoin is emerging as a strong contender in several aspects of finance such as investmen..

Bitcoin and Tax

Bitcoin and Tax

Bitcoin may have a supposed anonymity but not to the tax official. From April, anyone who bought and then sold cryptocurrencies like Bitcoin must report any profits on their respective federal tax returns. This is a valid demand since the value of B..

Crypto Crackdown Grows as South Koreans Officials Accused of Insider Trading

Crypto Crackdown Grows as South Koreans Officials Accused of Insider Trading

Several officials rom South Korea’s Financial Supervisory Service or the FSS has reportedly been accused of insider trading prior to the government announcing its newest policy on cryptocurrency crackdown, reported by JoongAng Ilbo."There..

Bitconnect: Suspected Ponzi Scheme sends Coin down over 95%

Bitconnect: Suspected Ponzi Scheme sends Coin down over 95%

Bitconnect, a cryptocurrency exchange platform and a cryptocurrency, that is suspected of a Ponzi scheme from the cryptocurrency community, has announced on Tuesday that it will be shutting down its lending platform.Bitconnect coins or BCC crashed o..

Crypto Created as a Joke Breaks $2 Billion Market Cap

Crypto Created as a Joke Breaks $2 Billion Market Cap

Dogecoin, a cryptocurrency created as a joke after an internet meme, surpassed a market cap of over $2 billion on Sunday. The parody cryptocurrency has shown impressive movement since the end of November.In late November, prices were for Dogecoin we..