advertisement Cryptocurrency has been used, invested in, or traded by one in five Americans, according to a recent poll by NBC News. The poll was conducted between March 18 and 22 and involved 1,000 Americans. Among the key findings: 21% of participants have already gotten involved with crypto in some capacity. Men aged 18 to …
One in five Americans has dabbled in cryptocurrency, poll finds Read More »
A UK IT engineer who mistakenly threw away a hard drive with around £210 million ($288 million) of bitcoin on it is applying to the local government to search wasteland for the device. Read more: UK Treasury Calls for Feedback on Approach to Cryptocurrency and Stablecoin Regulation Source link
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source link
Recently a victim of a crypto scam? You’re not alone. Scammers made $24 million in bitcoin in the first half of 2020 — and they’re not slowing down anytime soon, according to a new report by crypto watchdog Whale Alert. Whale Alert, best known for monitoring and tweeting about particularly large crypto transactions, collected and analyzed …
Every day, around mid-morning New York time, the average fee bitcoin users worldwide pay to send the cryptocurrency spikes for up to an hour, then returns to normal. A respected researcher thinks he’s found the reason: BitMEX. If the crypto derivatives exchange used more efficient technologies when broadcasting transactions, users could save as much as …
BitMEX Is Making Bitcoin Network More Expensive for Everyone, Researcher Finds Read More »
Crypto-literate public accountants are concerned their clients might face Internal Revenue Service (IRS) audits and penalties for underpaying taxes on their crypto holdings, a new survey finds. Cryptocurrency accounting service provider Blox and tax software developer Sovos conducted a survey of roughly 45 Certified Public Accountants (CPAs) familiar with crypto, finding that the majority believe …
Crypto Holders Still Face Issues Reporting Tax Liabilities, Survey of CPAs Finds Read More »