How the IRS Audits Cryptocurrency Tax Returns - Filing Expert Shares Example, Insights on AML Focus
Tax season is one of the most dreaded times of the year for many, and when the added confusion of filing crypto returns is thrown into to the mix, things can get even stickier. News.Bitcoin.com recently talked with Clinton Donnelly ... read more.
Bitcoin Halving Will Drop Inflation Rate Lower Than Central Banks' 2% Target Reference
When Satoshi Nakamoto invented Bitcoin, the creator designed the protocol to be an inflationary currency, one that is predictable as bitcoin’s inflation always decreases every four years. Today, 77 days before the reward halving, BTC’s inflation rate is around 3.6% ... read more.
US Develops Cryptocurrency Intelligence Program Targeting P2P Sites, Forums, Darknet Markets
The U.S. Department of Homeland Security has revealed a cryptocurrency intelligence program aimed at identifying unlicensed crypto businesses using P2P sites, online forums, and darknet markets. These areas have consistently presented "a significant challenge to law enforcement" and the Financial ... read more.
How to Anonymously Buy Bitcoin Online and in Person
Buying bitcoin is a bit like buying contraception: it’s a basic human right, you should be entitled to do so privately, and it’s nobody’s business what you plan to do with it. Whether you’re buying bitcoin to set aside for ... read more.
Bitcoin History Part 24: Celebrating the First Halving in 2012
As the third Bitcoin halvening approaches, a handful of OGs will wistfully recall the first such event, which occurred in November 2012. Back then, following the completion of block 210,000, the mining reward halved from 50 to 25 BTC. To ... read more.
How to Hide Your Bitcoin - Opsec, Anonymity, Cold Storage, Brainwallet, Dexes and Non-Custodials
In an era of increasing economic uncertainty, surveillance, specialized cybercrime and hacking, knowing how to hide bitcoin safely has become a paramount concern for crypto holders. Whether it's by way of taking wise opsec measures, utilizing noncustodial tools, leveraging a ... read more.
China Adopts Security Standards for Blockchain Applications in the Financial Sector
Keeping the focus on blockchain development, banking authorities in China have issued a set of rules pertaining to the secure application of crypto-related technologies in the financial sphere. The new standards, the first of this kind, are to guide the ... read more.
The Bull and Bear Case for Investing in the Top 20 Cryptocurrencies
Should you buy bitcoin or bitcoin cash? Does tezos have further room to grow? Is monero a long-term hold? There are no absolute answers to these questions and no crystal ball to determine which crypto will pull a 5x before ... read more.
Raising $100K for Cashfusion’s Security Audit, Bitcoin.com Matches Donations to Improve BCH Privacy
Bitcoin.com is a proponent of privacy and we have been monitoring Bitcoin Cash projects like Cashshuffle and Cashfusion closely. Last March, Cashshuffle was officially released after a security audit from Kudelski Security, and since then millions of dollars worth of ... read more.
Coinbase Wallet Adds Support for Short and 'Human-Friendly' Cryptocurrency Addresses
One of the scariest features of transacting with cryptocurrency, for many new users, is correctly inputting the long hexadecimal addresses involved. Various individual projects and larger collaborations have tried to tackle this anxiety-inducing issue in different ways, so that bitcoin ... read more.
Government to Airdrop $9 Billion in Free Money to 7 Million Hong Kong Residents
The government of Hong Kong has decided to airdrop about $9 billion in free money to an estimated 7 million residents in the troubled Chinese territory. From a global perspective, this can be seen as a desperate move to stimulate ... read more.
Bitmain Unveils 2 Bitcoin Miners With Max Speeds Up to 110TH/s Per Unit
On Thursday, the China-based mining rig manufacturer Bitmain announced the launch of two new Antminer S19 series models that process between 95 to 110 trillion hashes per second (TH/s). The Antminer S19 Pro model with 110TH/s and 29 joules per ... read more.
UK's FCA Suspends Epayments Service - Over £100M Frozen and Alleged Onecoin Connection
Epayments, one of the largest payment providers in the U.K., has halted operations after the Financial Conduct Authority (FCA) suspended the company for “weaknesses” related to its anti-money-laundering (AML) process. Since Epayments shut down on February 11, customers have been ... read more.
Court Rejects Ripple’s Bid to Dismiss Class Action Lawsuit Filed by XRP Investors
A court case that has the future of XRP at stake continues after Ripple’s motion to dismiss it was rejected by a court in California. The plaintiffs claim that the blockchain company sold the coin as an unregistered security and ... read more.
Lebanon Fights for Separation of Money and State as Residents Use Bitcoin to Evade Capital Controls
Mass unrest in Lebanon due to allegations of political corruption and heavy handed capital controls has carried over into the new year, with reports pointing to a notable uptick in bitcoin trading from the embattled nation. As residents seek to ... read more.
Next Step Mobile Surveillance: How You Walk, Your Heartbeat – Why Bitcoin Matters to Combat Government Privacy Invasion
It may sound like something from a dystopian cyberpunk movie, but payment providers could soon be validating transactions by the way users walk, their heartbeat, veins, and more. Mastercard has recently revealed they "have been testing heartbeat, vein technology, and ... read more.
Australian Court Accepts Cryptocurrency Exchange Account as Security for Legal Costs
A court in Australia has agreed that a crypto exchange account can be used as security for potential legal expenses. Acknowledging the volatile nature of decentralized digital assets, the judge nevertheless conceded that cryptocurrency is a recognized form of investment ... read more.
'A Drop-in Replacement for ABC' - BCH Devs Release Bitcoin Cash Node Software
On February 27, a group of developers behind the Bitcoin Cash Node implementation released the first version of the project’s codebase. The new client is essentially a drop-in replacement for Bitcoin ABC 0.21.0, as the code aims to disable the ... read more.
13 Crypto Debit Cards You Can Use Right Now
If cryptocurrency is designed to reconstruct the financial world while introducing major improvements in transaction speed, privacy, cost and convenience, debit cards represent a useful bridge between old and new. A preponderance of crypto debit card options now exist that ... read more.
How to Get Free Bitcoin in 2020
Many early adopters who made a fortune from cryptocurrency first got their hands on coins by receiving them for free from bitcoin faucets back in the day. Today there are still a number of ways for you to get bitcoin ... read more.
From Single Key to Sophisticated Computation: The Evolution of Crypto Exchange Custody
When the first cryptocurrency exchanges sprung up in late 2010, multisig wallets had yet to be invented. As a result, a single private key was commonly used to control all customer funds. Today, multisig has been complemented by sophisticated solutions ... read more.
