Into cryptocurrency trading? The IRS is onto you If you’ve been trading but not declaring, the tax service might be on your case.Cryptocurrency investors in the United States are receiving letters from the Internal Revenue Service (IRS) which are proposing backdated tax payments relating to the trade of virtual assets. As reported by Bloomberg ,…
Month: September 2019
Crude Oil Down after Yesterday’s Spike, AUDUSD Retreats
Asian indices finished mixed today as the oil price retreats from yesterday’s high after the drone attack in Saudi Arabia oil facilities will cut 5% of the world oil supply.The Hang Seng is trading 1.14 per cent lower at 26,817, the Shanghai Composite is trading 1.14 per cent lower to 2,996, while in Singapore, the…
Accountability Issues with Cryptocurrency and Blockchain
Accountability Issues with Cryptocurrency and Blockchain Accountability Issues with Cryptocurrency and Blockchain August 20, 2019 Click to learn more about author Daniel Jebaraj. Despite enthusiasts’ proclamations that accuracy and security are inherent characteristics of blockchain, there are still ways cryptocurrencies and other blockchain-derived technologies can be manipulated and compromised.Let’s examine four accountability concerns that arise…
Crypto Enthusiast Proposes Hard Fork To Stop Ripple XRP Sales
A few weeks ago, the cryptocurrency enthusiast @Crypto_Bitlord created a petition to hard fork XRP and stop Ripple sales of this virtual currency.The goal is to create a new alternative to the XRP Ledger in 60 days if Ripple doesn’t stop selling its large crypto holdings to the market.Crypto Bitlord has already urged Brad Garlinghouse,…
Crypto Winter Returning to Altcoins as Double Digit Declines Decimate Markets | NewsBTC
In a pattern that has been rinsed and repeated countless times this year, crypto markets are crumbling as Bitcoin failed to hold support.The altcoins are still hopelessly tied to their big brother so any pain for it is magnified for them.Over $20 Billion Exits Crypto Space Over the past 24 hours crypto markets have shrunk…
UK’s ‘most deprived’ village builds tidal energy crypto miners to reconnect with technology
UK’s ‘most deprived’ village builds tidal energy crypto miners to reconnect with technology These tiny cryptocurrency miners are generating lots of interest Story by 57 Shares It’s often said that machines will perform upwards of 40 percent of the world’s jobs by 2035 — but one artist is out to prove that automated technologies can…
Waves Price Hits $1.12 on Exchanges (WAVES)
Waves Price Hits $1.12 on Exchanges (WAVES) Posted by Tammy Falkenburg on Aug 30th, 2019 Tweet Waves (CURRENCY:WAVES) traded 2.6% lower against the US dollar during the 24 hour period ending at 0:00 AM E.T.on August 29th.In the last seven days, Waves has traded 11.5% lower against the US dollar.Waves has a total market capitalization…
Revolutionary Color Code Security Technology and Payment Solutions by Starcave Global Get the $3 Million Investment Nod from LDJ Cayman Fund
LDJ Cayman Fund Ltd, an offshore investment arm of LDJ Capital’s Venture Capital (VC) Division, announced its $3 million (USD) investment in Starcave Global, a Hong Kong-based company that provides financial cybersecurity, digital payments services and technology.The current centralized structure of the payment and financial system does not do enough to prevent incidents of hacking,…
The Fed Is Shaking Up the Bank Industry’s Payment System
The Federal Reserve is planning a big change to bank-to-bank payments.Matthew Frankel, CFP Sep 17, 2019 at 5:01PM The Federal Reserve recently announced its plan to develop a new payment and settlement service, known as FedNow, which would allow for real-time payment processing by banks, even at night and on weekends.Many say that this move…
Everything you need to know about 5G: What it is, what it isn’t
Everything you need to know about 5G: What it is, what it isn’t by Joe Levi September 17, 2019 4:00 pm Contents Comments 5G is all the rage with wireless carriers these days, but as with everything new, there’s a lot of confusion and misinformation circulating.Let’s dig into what 5G is, and more importantly, what…