Cryptocurrency

Cryptocurrency (354)

International Tax Chiefs Take Aim At Crypto Evasion

The Joint Chiefs of Global Tax Enforcement met virtually to discuss initiatives aimed at combating tax evasion, specifically that associated with fintech and cryptocurrency. So reports Accounting Today.

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SatoshiStreetBets Forum Users Call for Dogecoin Pump

Users of the SatoshiStreetBets forum are trying to emulate gains made in GameStop’s stock by pushing up cryptocurrency Dogecoin. So reports Markets Insider.

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Ether Looking Good In 2021 As It Hits All-time High

Ethereum, which is the world’s second-leading cryptocurrency, hit a new all-time high when it reached $1,439.33 on Monday, Jan. 18. So reports TechRadar.

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Regulators, Rumors Sink BTC Value To Three-week Low

Bitcoin’s value took a nosedive as U.S. policymakers are considering curtailing the cryptocurrency and rumors swirled about a potential dreaded “double spend” on the BTC blockchain. So reports Business Insider.

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Missing Bitcoin Login Info Accounts for $140B of Inaccessible Digital Currency: Report

A recent report from data firm Chainalysis indicates close to 20%, or about $140B worth, of the world’s supply of Bitcoin, is stranded in wallets due to forgotten passwords or locked accounts. So reports Business Insider.

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Bitcoin’s Wild Ride Gets Wilder, Pushed Past $40K

Bitcoin went from $19,000 in 2017 all the way down to $3,200 in a year later. Now, the cryptocurrency has pushed past $40,000 to a new all-time high. So reports CNN.

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OCC Blockbuster: Banks Can Use Stablecoins, INVNs to Conduct Business

In a move that could bolster the institutional use and legitimacy of cryptocurrency across the board, the Office of the Comptroller of the Currency (OCC) published a letter explicitly stating federal savings associations’ and national banks are allowed use stablecoins and participate in independent node verification networks as a way to conduct payment and other bank-permissible activities.

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Tether is 2020’s Most Traded Coin By a Crypto Mile

USD-backed Tether is the most traded cryptocurrency, and it’s not particularly close. So reports Decrypt.

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'Altcoins' Surge As Crypto Industry Rides Bitcoin

“Altcoins” are rallying behind Bitcoin as XRP, Ether and others have hit highs not seen in years. So reports CNBC.

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GoDaddy Staff Unwittingly Aided Crypto Attackers in Social Engineering Scam

GoDaddy employees were duped into facilitating attacks on “multiple cryptocurrency exchanges through social engineering and phishing.” So reports ZDNet.

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