Bitcoin

Bitcoin is a cryptocurrency. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries.

IRS Backs Off Fortnite Gaming Currency As Reportable Income

IRS Backs Off Fortnite Gaming Currency As Reportable Income
IRS Backs Off Fortnite Gaming Currency As Reportable Income
February 14, 2020  |  Taxes

A section of the IRS website telling people that the online currency from the popular game Fortnite was subject to federal taxes has been removed as...

READ MORE >
Bitcoin Daily: JPMorgan May Merge Quorum With ConsenSys; New Canadian Stablecoin Aims At Cross-Border Payments
Bitcoin Daily: JPMorgan May Merge Quorum With ConsenSys; New Canadian Stablecoin Aims At Cross-Border Payments
February 12, 2020  |  Bitcoin

JPMorgan Chase’s marquee blockchain unit, Quorum, will merge with Brooklyn-based startup ConsenSys, according to sources familiar with the inner workings of the deal. The deal...

READ MORE >
UK FinTech Seeks License To Bank Crypto Firms
UK FinTech Seeks License To Bank Crypto Firms
February 10, 2020  |  B2B Payments

London FinTech startup DAG Global is going after the first merchant bank license in the U.K. that serves cryptocurrency businesses, multiple reports indicated on Monday...

READ MORE >
Bitcoin Daily: Insurance Cos Use Blockchain To Fast-Track Virus Payments; Coronavirus Prompts Crypto Conference Delays
Bitcoin Daily: Insurance Cos Use Blockchain To Fast-Track Virus Payments; Coronavirus Prompts Crypto Conference Delays
February 09, 2020  |  Blockchain

The blockchain is making it faster and easier for insurance service providers to fast track coronavirus claims. China’s online mutual aid platform Xiang Hu Bao,...

READ MORE >
Crypto Fraud Scores More Than $4B In 2019
Crypto Fraud Scores More Than $4B In 2019
February 09, 2020  |  Cryptocurrency

The cost of crimes involving bitcoin and cryptocurrency hit $4.3 billion in 2019, according to Chainalysis and The Wall Street Journal, which was a bigger...

READ MORE >
Bitcoin Daily: US Marshals To Hold Bitcoin Auction; Researchers Claim New ‘Spider’ Tech Can Route Crypto Payments More Efficiently
Bitcoin Daily: US Marshals To Hold Bitcoin Auction; Researchers Claim New ‘Spider’ Tech Can Route...
February 03, 2020  |  Bitcoin

The U.S. Marshals Service is auctioning roughly $40 million in bitcoin, CoinDesk reported on Monday (Feb. 3). The auction of 4,040 confiscated bitcoin — worth $37.7...

READ MORE >
Data Dive, The Bad, The Worse And The Ugly Edition: Store Closures, Coronavirus And Bitcoin
Data Dive, The Bad, The Worse And The Ugly Edition: Store Closures, Coronavirus And Bitcoin
February 03, 2020  |  Data Dive

There was lots to watch in the world of payments and commerce last week, with red flags flown in physical retail, international commerce and crypto....

READ MORE >
Bitcoin Daily: Bitcoin Hack Victims To Receive $13.8M; Bermuda Gov’t Boosts Blockchain Adoption
Bitcoin Daily: Bitcoin Hack Victims To Receive $13.8M; Bermuda Gov’t Boosts Blockchain Adoption
February 03, 2020  |  Bitcoin

Denis Pitcher, chief FinTech advisor to the Premier of Bermuda, told CoinDesk on Sunday (Feb. 2) that he is planning to introduce a platform that...

READ MORE >
Big Fizzle: MoviePass Passes Away
Big Fizzle: MoviePass Passes Away
January 31, 2020  |  Sizzle/Fizzle

And so it all ends in disappointment, like the umpteenth installment of a Stallone or Schwarzenegger franchise. Get the Full Story Complete the form to...

READ MORE >