Tag: crypto

The IRS has a new tax form out and wants to know about your cryptocurrency

The IRS has a new tax form out and wants to know about your cryptocurrency

Tax season is still months away, but the IRS will want to know about your cryptocurrency holdings. The IRS just released a new Schedule 1 for the 2019 tax season, spelling out the details on above-the-line deductions, including the tax break for student loan interest and health savings account contributions. Eagle-eyed taxpayers will notice that…
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Who's Using the Blockchain Now?

Who’s Using the Blockchain Now?

The blockchain is the technology that powers cryptocurrencies. You can think of it as a kind of digital ledger. Copies are spread across thousands of different computers and every time a new entry is added to one ledger, every copy of the ledger is updated. By creating smart contracts that are triggered by ledger entries,…
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China’s Cryptocurrency Plan Has a Powerful Partner: Big Brother

China’s Cryptocurrency Plan Has a Powerful Partner: Big Brother

Facebook’s Libra project led Beijing to accelerate its efforts. The government could soon know a lot more about how people are spending. BEIJING — When Facebook announced plans this year for a cryptocurrency called Libra, it said its goal was to reinvent money for the internet age. What the company probably didn’t imagine was that…
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Why it’s time to start talking about blockchain ethics?

Why it’s time to start talking about blockchain ethics?

Blockchain technology is changing the nature of money and organizations. We should probably start pondering the potential consequences. At first glance, the word “ethics” may seem out of place next to “blockchain.” After all, the world of cryptocurrency may be most famous for its many frauds and scams. But according to a small contingent of…
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$6 Billion United Nations Agency Launches Bitcoin, Ethereum Crypto Fund

$6 Billion United Nations Agency Launches Bitcoin, Ethereum Crypto Fund

Bitcoin – When Christina Lomazzo was a teenager, she used to hop back and forth across the U.S. Canada border for fun. A native of Ontario, with a father born in Italy, Lomazzo grew up speaking French, English, and Italian, and when things were slow in her home town she and her friends would pile…
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Apple's iPhone Is Taking Its First Steps Into Bitcoin And Crypto

Apple, maker of the wildly successful iPhone, appears to be taking its first tentative steps into the world of bitcoin and cryptocurrency—revealing its upcoming iOS 13 software release will feature what Apple calls a “cryptographic” developer tool. Apple’s first carefully measured steps into bitcoin and crypto, avoiding the trigger words “cryptocurrency” and “blockchain”, come as social media giant…
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PayPal Skips Bitcoin While ‘Clearly Working on Blockchain and Cryptocurrency’

PAYPAL DOESN’T WANT TO MISS OUT ON BLOCKCHAIN AND CRYPTO REVOLUTION According to John Rainey, PayPal’s chief financial officer, cryptocurrencies and blockchain technology could be disruptive and the financial services firm doesn’t want to miss out: We have teams clearly working on blockchain and cryptocurrency as well, and we want to take part in that…
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French Minister of Finance: Blockchain Is a Government Priority

France’s Minister of Economy and Finance, Bruno Le Maire, has stated that blockchain technology is a priority for his country’s government. Le Maire made his remarks during an interview with French economics and business magazine Capital on April 15, ahead of the Paris Blockchain Week Summit from April 16-17. As proof of France’s commitment to the nascent sector, Le…
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Gocypher.com just added support for BCH

Gocypher.com just added support for BCH (Bitcoin cash). Now gocypher is indexing and analyzing Bitcoin, Bitcoin Cash, Ethereum and HyperLedger Fabric (private blockchain).

Lawmaker Predicts 2019 "The Year Of Blockchain"

On the first day of this year’s DC Blockchain Summit in Washington, D.C., concern that a heavy-handed approach from the federal government could stifle blockchain innovation in the United States was lessened by the regulators themselves, who told attendees that they generally support allowing the technology to flourish. That message was reinforced on day two of the…
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