VC: This cycle’s altcoin rally is likely to eclipse the crypto mania of 2017

Altcoins have performed extremely well in 2020, with a majority of reputable crypto projects easily outpacing Bitcoin. For instance, Ethereum is up 220 percent since the start of the year while BTC has gained a mere 70 percent. This trend is expected to continue, with one prominent venture capitalist in the space arguing that the […]

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IRS memo: Cryptocurrency earned from a microtasking job is taxable income

An Internal Revenue Service memo written in late June and published on August 28 states that cryptocurrency earned from microtasks conducted on crowdsourcing platforms is considered taxable income. The memo was written in response to a query from the U.S. agency’s Small Business/Self Employed Division. While the document itself focuses on what may ultimately constitute […]

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ShapeShift employee allegedly stole $900,000 in Bitcoin from company accounts

Crypto firm ShapeShift filed a civil action against a former employee of its engineering team who allegedly stole over 90 Bitcoin from company accounts, court documents show. Employee steals Bitcoin over six months Azamat Mukhiddinov, a former senior software engineer hired by ShapeShift in August 2018, was accused by his ex-employer to have installed an […]

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Litecoin: Dead or Developed? GitHub Exposed! Can You Rely on GitHub Data??

Litecoin has been feeling the heat lately, regarding the development of their protocol. Litecoin has only been pushing forward lately, due to Bitcoin development, with practically no in-house development by Litecoin developers. What is the current state of their development & GitHub? Plus we learn more how Github and open source project development works, so […]

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Frances Coppola: Mr. Powell, If You Want Higher Inflation, Give People Money

Frances Coppola, a CoinDesk columnist, is a freelance writer and speaker on banking, finance and economics. Her book “The Case for People’s Quantitative Easing” explains how modern money creation and quantitative easing work, and advocates “helicopter money” to help economies out of recession. The Federal Reserve has just announced a change to its inflation targeting […]

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BitMEX CEO Arthur Hayes outlines four risks in Ethereum’s DeFi “proto-banks”

The decentralized finance (DeFi) craze is drawing interest and capital from all corners of the crypto industry. As of recent, even Arthur Hayes, the CEO of BitMEX who adamantly calls Ethereum a “s**tcoin,” has forayed into yield farming. Hayes recently released an extensive blog post to BitMEX’s company blog entitled “Dreams of a Peasant” outlining […]

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Fundraising For A Bitcoin Visionary – Bitcoin Magazine

Hal Finney is remembered as one of the early pioneers of Bitcoin, a peer-to-peer electronic cash system, and an advocate for widespread use of cryptography to help enhance people’s privacy.   Finney was one of the biggest defenders and supporters of Bitcoin from its earliest days. He rose to the defense of the still incubating technology […]

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SEC and CFTC say Maryland Ponzi scheme defrauded over 1,000 investors out of $27 million by promising crypto trading returns

The Securities and Exchange Commission (SEC) and Commodities Future Trading Commission (CFTC) have both charged a Maryland-based Ponzi scheme for allegedly defrauding over 1,000 investors to the tune of over $27 million. The defendants allegedly told participants their funds would be used by licensed traders for foreign exchange and cryptocurrency trading. Over the course of […]

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