IRS Simplifies Cryptocurrency Reporting Requirements for U.S. Taxpayers
The U.S. tax department IRS elucidated that American investors who purchased crypto through fiat are not required to report their purchase activities.
Crypto News
Crypto News
Bitfarms to Acquire 48,000 New Bitcoin Miners, Expanding Hashing Capacity to 8 EH by 2022
Bitfarms has announced the firm is purchasing 48,000 Miners to expand capacity by approximately five exahash per second (EH/s).
Crypto News
PayPal Acquires Curv Cryptocurrency Custody Firm, Boosting Crypto Offerings
PayPal proceeds to display an interest in cryptocurrencies, as it is purchasing Curv, an Israeli crypto custody firm, for around $200 million to
Crypto News
Binance Invests in Multicoin Capital, Expanding Crypto Hedge Fund’s Operations
Crypto exchange giant Binance announced an investment in Multicoin Capital, a hedge fund that invests in crypto startups.
Crypto News
MoneyGram Faces Class-Action Lawsuit Over Misrepresentation of Ripple Partnership and XRP Token
Ripple's partner MoneyGram faces a lawsuit alleging the firm issued misleading statements and failed to disclose XRP's status as unlicensed security.
Crypto News
CBOE Files to List VanEck’s Bitcoin ETF, Awaiting SEC Approval
CBOE Global Markets filed a request with the Securities and Exchange Commission to list VanEck's Bitcoin ETF and trade shares.
Crypto News
Citi Report Predicts Bitcoin Could Become the “Currency of Choice” for Global Trade by 2028
U.S. banking giant Citi has issued a new report which proposes Bitcoin could become "an international trade currency" as it grows.
Crypto News
Dogecoin Now Available at Over 1,800 Coinflip ATMs Across the U.S.
With increasing DOGE prices, famous meme crypto Dogecoin can now be available across 1800 ATMs in the United States as Coinflip adds support.
Events
Blockchain Africa Conference 2021 | 18 & 19 March 2021
Blockchain Africa Conference 2021: Beyond the Hype, Announces Keynote Speakers Africa’s leading blockchain and cryptocurrency event, the Blockchain Africa Conference 2021, has once
Crypto News
Kevin O’Leary Changes His Stance on Bitcoin, Now Allocates 5% of His Portfolio to Crypto
Previously a Bitcoin opponent, Kevin O'Leary changes his stance on Bitcoin as he invests 3% on his portfolio. He asserts that crypto is