Cryptocurrency

Cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.

Source: en.wikipedia.org

In Bid to Buy US Constitution, Dollars Dominate Crypto

In Bid to Buy US Constitution, Dollars Dominate Crypto
In Bid to Buy US Constitution, Dollars Dominate Crypto
November 19, 2021  |  Cryptocurrency

Yes, Nicolas Cage’s remunerative body of work is spotty. And there was his run-in with the IRS. Get the Full Story Complete the form to...

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Only 10% of Banks Support Crypto — Usually Bitcoin — for Cross-Border Deals
Only 10% of Banks Support Crypto — Usually Bitcoin — for Cross-Border Deals
November 19, 2021  |  Cryptocurrency

Despite the availability of new payment options, many financial institutions (FIs) lag behind marketplace interest in cross-border payments innovations, especially when providing B2B access to...

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IRS Seizes $3.5B in Crypto in FY 2021
IRS Seizes $3.5B in Crypto in FY 2021
November 19, 2021  |  Security & Fraud

The Internal Revenue Service (IRS) seized $3.5 billion in cryptocurrencies during the fiscal year 2021, accounting for 93% of the assets seized during the year....

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This Week in Payments: Merchants Consider Crypto, Consumers Return to Stores and Fraudsters Target Shoppers
This Week in Payments: Merchants Consider Crypto, Consumers Return to Stores and Fraudsters Target Shoppers
November 19, 2021  |  Payment Methods

It was another big week for cryptocurrency — with news about regulation, crypto-native wallets and a huge new potential for expanded merchant acceptance of crypto....

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BitPay Offering Black Friday Deals For Crypto Users 
BitPay Offering Black Friday Deals For Crypto Users 
November 19, 2021  |  Cryptocurrency

The cryptocurrency payments provider BitPay says it is offering an early holiday gift to Black Friday shoppers who prefer to pay in crypto.  Get the...

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Argentina Releases Decree to Tax Crypto Exchanges, Transactions
Argentina Releases Decree to Tax Crypto Exchanges, Transactions
November 19, 2021  |  Taxes

Most cryptocurrency transactions and exchanges will be subject to taxation in Argentina after the government clarified and updated new rules limiting tax exemptions to third-party...

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DeFi Losses Top $10B From Exploits, Fraud, Theft
DeFi Losses Top $10B From Exploits, Fraud, Theft
November 19, 2021  |  Security & Fraud

Decentralized finance (DeFI) platforms have been the target of criminal attacks, with fraud and theft topping $10 billion, according to a report entitled Risk, Regulation,...

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Bitcoin Daily: Canadian Youth Arrested in $36M Bitcoin Heist; Willston, ND Puts Bitcoin ATM in Airport
Bitcoin Daily: Canadian Youth Arrested in $36M Bitcoin Heist; Willston, ND Puts Bitcoin ATM in...
November 18, 2021  |  Bitcoin

An unnamed Canadian minor has been charged in a $36 million digital heist that authorities said is the largest-ever bitcoin theft from a lone victim,...

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US Reps Hope to Amend Infrastructure Bill’s Crypto Rules 
US Reps Hope to Amend Infrastructure Bill’s Crypto Rules 
November 18, 2021  |  Cryptocurrency

A bipartisan collective of U.S. congressional representatives has introduced a bill aimed at dealing with a tax reporting requirement for cryptocurrency in the $1.7 trillion...

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