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That Time Uncle Sam Met Satoshi

13 Oct 2019 1 minute read 0 comments Cryptos.com

The Internal Revenue Service (IRS) just released a draft of a revised Form 1040, Schedule 1 highlighting a new compliance measure moving forward proving cryptocurrency enthusiasts can’t avoid Uncle Sam. After all, that “yearly April reunion” rolls ar...

Man Faces 30+ Years for Allegedly using AWS & Google for Illegal Cryptocurrency Mining Scheme

13 Oct 2019 1 minute read 1 comment Cryptos.com

Earlier this Wednesday, the Department of Justice, and more specifically the U.S. Attorney Office at Western District of Washington published a press release regarding the indictment of a 29-year old Singaporean who faces 34 years in jail for alleged...

Telegram’s Planned Token Offering Halted by SEC

13 Oct 2019 1 minute read 0 comments Cryptos.com

Telegram, a popular messaging app with 200 million users, was founded in 2013. Last year, Telegram launched a $1.7 billion dollar token sale. Earlier today, the Securities and Exchange Commission announced that it filed an emergency action and also o...

MouseBelt Launches Blockchain Alliance for Educational Support

11 Oct 2019 1 minute read 0 comments Cryptos.com

In an exciting announcement by MouseBelt, the cryptocurrency education scene will grow dramatically as a blockchain alliance has been formed to help support students through education. The alliance’s first members are the Stellar Development Foundati...

KuCoin to Host Meetup in Madrid

11 Oct 2019 1 minute read 0 comments Cryptos.com

What is KuCoin? KuCoin is a cryptocurrency exchange that was established in 2017 by industry professionals who shared a passion for blockchain technology. The exchange’s goals have always been to provide users with a safe and simple method of convert...

Sweden’s Debt Collection Agency is Auctioning 4.59 Bitcoins

11 Oct 2019 2 minute read 0 comments Cryptos.com

Swedish media outlet TheLocal revealed that Kronofodgen, essentially Sweden’s debt collection agency, or officially ‘enforcement agency’, is about to auction 4.59 Bitcoin today, worth approximately $38,383 according to its current market pricing. Int...

Streaming Platform DLive to Implement Theta Network Protocol

11 Oct 2019 1 minute read 2 comments Cryptos.com

What is DLive? DLive is a live streaming platform that was built using Lino, a decentralized blockchain. In 2018, DLive launched after raising $20 million in funding. The platform has rapidly grown and has over 5 million monthly users after they mana...

Facebook’s Zuckerberg set to Face U.S. Lawmakers

9 Oct 2019 1 minute read 0 comments Cryptos.com

Facebook’s CEO Mark Zuckerberg is set to testify as the sole witness before the House Financial Services Committee this month to answer questions concerning his company’s cryptocurrency initiative called Libra. The October 23rd hearing, according to...

UNICEF Dives into Cryptocurrency

9 Oct 2019 1 minute read 0 comments Cryptos.com

UNICEF (United Nations International Children’s Emergency Fund) have announced they are diving directly into the cryptocurrency scene by starting a fund that can receive, hold, and distribute donations of Bitcoin and Ethereum. These donations will be...

How IRS’ New Guidance Affects Cryptocurrency Owners

9 Oct 2019 1 minute read 2 comments Cryptos.com

As digital currencies and virtual assets get more attention from international financial and legal regulators, the IRS tries to keep up by updating its 2014 policy, which categorized cryptocurrencies as ‘property’ and not as any kind of currency. Now...