Heading into tax season, many of our readers told us how confused they were about reporting crypto transactions on their tax returns. We heard you, and so we partnered with seven crypto tax specialists to answer your questions. We asked you to send us the income tax questions that concerned you (for the 2018 tax…
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The crypto custody sector is fast expanding. Until fairly recently, cryptocurrency storage options were binary: holders had to either store their coins and tokens on exchanges or on their own hardware wallet. Both choices left much to be desired for larger investors, which is why a number of high-profile companies are now offering to store…
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The March edition of the Crypto Security Report is available for download (click image below). Stay informed about the latest security threats, government measures, and best practices to understand developments in the cryptocurrency space (and how to protect your own digital assets). This report is free and available for download below:
Success with any cryptocurrency investment requires that you remain in the know about new developments and trends. Below you’ll find the most comprehensive list of major cryptocurrency and blockchain related events from around the world.
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According to a recent New York Times report, Facebook is diving into the crypto space in a direct way by creating a token of its own, reports CoinTelegraph. The report corresponds with an earlier jobs listing and suggests that Facebook hired up to 50 engineers, all of whom are working under the condition of privacy.…
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A news digest of what happened in the crypto world in the past month, February 2019: Big Brands Jumping On Board JP Morgan launched its own cryptocurrency, JPM Coin, a move that surprised many given CEO Jamie Dimon’s prior opposition to cryptocurrency. Another financial giant, Nasdaq, added Bitcoin and Ethereum indices to its Global Data…
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Recent high-profile Bitcoin “torch passes” on the Lightning Network have highlighted an issue that, for some, continues to pose a challenge for the cryptocurrency even after its explosion into the mainstream, writes CoinDesk. The very first comment written after the launch of the Satoshi network in 2008 had to do with the project’s scalability. It…
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A major investment management firm that specializes in pensions and endowments, Cambridge Associates, remarked that cryptocurrency “may very well upend the digital world”, reports CCN. This comes on the heels of a growing trend among financial institutions. For optimists in the crypto space, the most important story in 2018 was that of institutional investment. The…
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Since the financial crash of 2008-09, private banks have garnered some infamy for their malpractices and failure to provide security and stability for their clients. Last week, Wells Fargo found itself embroiled in a crisis that further boosted the argument for storing some of one’s wealth in crypto, reports CCN. On February 7, the 13th…
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The winner of the BitIRA U Scholarship for January 2019 has been announced. We do have an honorable mention for the contest. Som Mohapatra, a high school senior from Virginia, wrote an essay about how blockchain can protect users’ data privacy in a variety of contexts and applications. Below is the essay that Som submitted:…
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