LeapRate: A $69 million tax bill for Bithumb

BeInCrypto: Ripple Celebrates 2020 Early After Unlocking 1 Billion XRP From Escrow

Thursday, 02 January 2020 18:25

Ripple, the company behind the XRP cryptocurrency and on-demand liquidity product, has unlocked another 1 billion XRP from its escrow. Back in December 2017, Ripple announced that it would lock 55 billion XRP tokens in smart contracts to ensure that the supply could be controlled. This XRP…

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ihodl: Turkish Bank Launches Blockchain Platform for Gold Transfers

Tuesday, 31 December 2019 16:32

The platform also allows participating financial institutions to use the distributed ledger technology to transfer assets.

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BeInCrypto: The 6 Biggest Cryptocurrency Fails of 2019

Tuesday, 31 December 2019 18:04

In the past decade, the blockchain and cryptocurrency industry has gone from being the domain of computer engineers and coders to a widely recognized field brimming with potential and promise. However, although the industry has witnessed impressive growth fueled by the success of several cryptocurrencies and the…

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CoinSpice: US Treasury Sec: Bitcoin Could be Swiss Bank, Kraken Crypto Tax Law Harvest, Ripple in Brazil

Tuesday, 31 December 2019 19:45

TL;DR: Welcome to In Case You Missed It (ICYMI), a daily crypto news update. US Treasury Steven Mnuchin worries bitcoin is being used for laundering, but isn’t as worried about fiat. Kraken calls users to harvest tax losses. Ripple seeks to grow in Brazil. Korean tax services to…

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CryptoVibes: Stellar Price Analysis: XLM/USD Appears Bearish as it Trades at $0.044 with a Negative Crossover

Tuesday, 31 December 2019 20:27

XLM Price Analysis – December 31 At the time of writing, the Stellar (XLM) is seen as having a plunging momentum as the price moves around $0.0448. XLM/USD Market Key Levels: Resistance levels: $0.049, $0.51, $0.053 Support levels: $0.041, $0.039, $0.037 The price of Stellar (XLM) is…

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BeInCrypto: Monero’s Previous Pattern Anticipates Beginning of New Market Cycle [Premium Analysis]

Tuesday, 31 December 2019 20:34

The Monero (XMR) price has decreased to a significant support area at ₿0.006. Previous price movement and an RSI pattern suggest that an upward move will begin soon, which could have a magnitude of 300%, causing the price to reach ₿0.025. The XMR price had been decreasing…

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CoinSpice: Rhett Creighton’s PANDA Crowd Sale Wallet Looted, Exit Scammed by 800CryptoClub Admin

Tuesday, 31 December 2019 20:48

TL;DR: Controversial cryptocurrency serial forker Rhett Creighton’s PANDA SLP token crowd sale wallet apparently has been “looted and exit scammed” by a trusted administrator of his 800CryptoClub (#800cc) project. Some 27.528 bitcoin cash (BCH) was moved (total of $5,734.11 at the time), emptying the wallet completely, leaving…

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BeInCrypto: Recap of Cryptocurrency Regulation and Adoption in 2019

Tuesday, 31 December 2019 22:04

As the year comes to an end, BeInCrypto takes a look at how legislation and adoption of cryptocurrencies fared in 2019 and what we could expect in 2020. The next decade will be critical and formative years for how digital currencies are implemented and regulated around the…

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CryptoPotato: In the New Decade, Crypto Will Become Essential Like Email: Says Tyler Winklevoss

Wednesday, 01 January 2020 09:50

It’s the start of a new decade, and industry famous twin Tyler Winklevoss, the co-founder, and CEO of cryptocurrency exchange and custodian company Gemini Trust, has shared his views on what the next ten years hold for crypto. According to Winklevoss, crypto is already becoming more than…

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LeapRate: A $69 million tax bill for Bithumb – litigation ahead

Monday, 30 December 2019 22:26

Taxes in the cryptocurrency world are not an uncommon issue. In fact, the idea of taxing cryptocurrencies and crypto exchanges... The post A $69 million tax bill for Bithumb – litigation ahead appeared first on LeapRate . A $69 million tax bill for Bithumb – litigation ahead…

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