CryptoCurrency News, Rumors, and Chatter

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  IRS Issues New Crypto Tax Guidance After 5 Years – Experts Weigh In
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  The U.S. Internal Revenue Service (IRS) has issued long-awaited guidance on the tax treatment of cryptocurrencies. It is generally described by the crypto community as a mixed bag since some parts are useful while others have raised many more questions, particularly how cryptocurrencies from hard forks and airdrops are taxed. Also read: 10 Tax Tools […] The post IRS Issues New Crypto Tax Guidance After 5 Years – Experts Weigh In appeared first on Bitcoin News. https://news.bitcoin.com/irs-issues-new-crypto-tax-guidance-after-5-years-experts-weigh-in/
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  Iranian Grid Explains Electrical Costs Will Fluctuate for Bitcoin Miners
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  Throughout the course of 2019, Iran’s government and the country’s energy officials have been creating new guidelines for bitcoin miners setting up data facilities in the oil-rich nation. On Wednesday, Mostafa Rajabi, a spokesperson for Iran’s Energy Ministry, described a new price model for mining operations and prices per kilowatt-hour (kWh) will fluctuate during certain […] The post Iranian Grid Explains Electrical Costs Will Fluctuate for Bitcoin Miners appeared first on Bitcoin News. https://news.bitcoin.com/iranian-grid-explains-electrical-costs-will-fluctuate-for-bitcoin-miners/
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  Instant Crypto Exchange Changelly Secures Access to SLP Tokens
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  Instant cryptocurrency exchange Changelly will start to use digital asset rates from Bitcoin.com’s trading platform. This will ensure better prices for Changelly users and help increase the reach of all SLP tokens that are exclusively listed on Bitcoin.com Exchange. Also Read: Universal Protocol Alliance to List Mega-Utility Token on Bitcoin.com Exchange Changelly to Use Rates […] The post Instant Crypto Exchange Changelly Secures Access to SLP Tokens appeared first on Bitcoin News. https://news.bitcoin.com/instant-crypto-exchange-changelly-secures-access-to-slp-tokens/
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  Pornhub Suggests Crypto Payments After Paypal Censors Model Payouts
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  On November 14, the leading adult video sharing site on the internet, Pornhub, revealed that payment processor Paypal has blocked the company’s live performer payouts. In a blog post written on Thursday, Pornhub recommended alternative payments like writing a check or using the digital currency verge. Also read: Walk Like Nakamoto: 7 Anonymous Personalities in […] The post Pornhub Suggests Crypto Payments After Paypal Censors Model Payouts appeared first on Bitcoin News. https://news.bitcoin.com/pornhub-suggests-crypto-payments-after-paypal-censors-model-payouts/
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  Ohio Crypto Program Hits a Snag, Attorney General Finds It Illegal
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  The Attorney General of the U.S. state of Ohio has assessed the state’s crypto program and concluded that it is a legal violation of state law. The state’s former treasurer skirted the law to launch a website that allowed 23 types of tax payments in cryptocurrency ahead of other states. Also read: US State of […] The post Ohio Crypto Program Hits a Snag, Attorney General Finds It Illegal appeared first on Bitcoin News. https://news.bitcoin.com/ohio-crypto-program-hits-a-snag-attorney-general-finds-it-illegal/
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  Indian Government Programs Add New Crypto Courses
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  The Indian government has added new educational courses teaching cryptocurrency and blockchain technology to the public and law enforcement officers. Amid regulatory uncertainty and banking restrictions, cryptocurrency and blockchain technology remain important topics of study in India. Also read: Indian Supreme Court Postpones Crypto Case to November, New Date Confirmed New Course on Crypto and […] The post Indian Government Programs Add New Crypto Courses appeared first on Bitcoin News. https://news.bitcoin.com/indian-government-programs-add-new-crypto-courses/
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  BitOrb Exchange Raises $6.4 Million
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  The BitOrb Exchange has successfully secured its funding round, raising a total of USD 6.4m. The round was led by the W-Rex Algo Trading Platform a product of the Wota Group.Additionally, the Wota Group will act as a strategic partner and help the BitOrb Exchange grow its network of traders, user acquisition and advise on other key strategic decisions. The post BitOrb Exchange Raises $6.4 Million appeared first on Bitcoin News. https://news.bitcoin.com/bitorb-exchange-raises-6-4-million/
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  Bitcoin.com Wallet App Marks Over Five Million Wallets Created
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  The Bitcoin.com Wallet has now achieved a major milestone with over 5 million wallets created since the app launched just a little over two years ago. An upcoming version of the digital wallet app will add SLP token support and additional features. Also Read: Video: Bitcoin Cash Lets You Buy Equity Over the Counter at […] The post Bitcoin.com Wallet App Marks Over Five Million Wallets Created appeared first on Bitcoin News. https://news.bitcoin.com/bitcoin-com-wallet-app-marks-over-five-million-wallets-created/
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  ‘Zimdollars’ Issued for First Time in Ten Years Amidst Continued Hyperinflation
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  The new Zimbabwe dollar has hit the streets, with banks beginning to issue the paper currency Tuesday. The ‘Zimdollar,’ existing earlier this year as coins, e-balances, the RTGS dollar, and bond notes, was returned to in June as a replacement for the Real Time Gross Settlement (RTGS) system implemented in February. While the development represents […] The post ‘Zimdollars’ Issued for First Time in Ten Years Amidst Continued Hyperinflation appeared first on Bitcoin News. https://news.bitcoin.com/zimdollars-issued-for-first-time-in-ten-years-amidst-continued-hyperinflation/
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  How Crypto Assets Are Capturing the Attention Economy
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  Human attention is a finite resource: we awake each day with it replenished, only for it to seep away through work, leisure, and time frittered idly browsing the web while circumventing ads. Recognizing the scarcity of maintaining human interest, attention economists have devised incentivized systems powered by crypto assets. These reward engagement and turn idle […] The post How Crypto Assets Are Capturing the Attention Economy appeared first on Bitcoin News. https://news.bitcoin.com/how-crypto-assets-are-capturing-the-attention-economy/
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  Developer Demos Smart Card That Produces Bitcoin Cash Signatures
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  Software engineer Tobias Ruck has revealed a project he’s been working on that allows a smart card to produce valid BCH signatures. Ruck tweeted about his experiment to the crypto community and Bitcoin Cash proponents showed their excitement about the future of offline payments. Also read: Walk Like Nakamoto: 7 Anonymous Personalities in the Crypto […] The post Developer Demos Smart Card That Produces Bitcoin Cash Signatures appeared first on Bitcoin News. https://news.bitcoin.com/developer-demos-smart-card-that-produces-bitcoin-cash-signatures/
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  Dubai to Host City’s First Bitcoin Cash Meetup on Saturday
  news • • CryptoNews  

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  As Dubai is renowned as an international business and financial hub it should be no surprise it has a dedicated community of cryptocurrency supporters. On Saturday the residents of the city are coming together to learn about bitcoin cash and party. If you are in the area that day, make sure not to miss this […] The post Dubai to Host City’s First Bitcoin Cash Meetup on Saturday appeared first on Bitcoin News. https://news.bitcoin.com/dubai-to-host-citys-first-bitcoin-cash-meetup-on-saturday/
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  2 New Blog Sites That Allow Users to Earn Cryptocurrencies
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  During the last few years, cryptocurrency enthusiasts have explored blogging and content publishing websites that are powered by digital currencies. Recently, two new publishing websites that utilize cryptocurrencies have been gathering traction. The crypto powered blogging platform Publish 0x pays users to read content and blog using 11 different digital assets. The website Read.cash is […] The post 2 New Blog Sites That Allow Users to Earn Cryptocurrencies appeared first on Bitcoin News. https://news.bitcoin.com/2-new-blog-sites-that-allow-users-to-earn-cryptocurrencies/
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  South Korean Exchange CEO Sentenced to 16 Years in Prison
  news • • CryptoNews  

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  A South Korean district court has sentenced executives of a local crypto exchange to prison. The CEO of the exchange got a 16-year jail sentence while other executives and their accomplices got between six and 11 years. They duped thousands of investors, promising them up to 200% return within weeks. Also read: Korean Presidential Committee […] The post South Korean Exchange CEO Sentenced to 16 Years in Prison appeared first on Bitcoin News. https://news.bitcoin.com/south-korean-exchange-ceo-sentenced-to-16-years-in-prison/
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  Walk Like Nakamoto: 7 Anonymous Personalities in the Crypto Space
  news • • CryptoNews  

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  In late 2008, an anonymous person named Satoshi Nakamoto introduced the Bitcoin white paper on Halloween. While Nakamoto is clearly the most famous anonymous crypto moniker, in the early days there were many other mysterious individuals scattered throughout the blockchain environment. Also read: China Ranks 35 Crypto Projects as President Xi Pushes Blockchain A Group […] The post Walk Like Nakamoto: 7 Anonymous Personalities in the Crypto Space appeared first on Bitcoin News. https://news.bitcoin.com/walk-like-nakamoto-7-anonymous-personalities-in-the-crypto-space/
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  Swiss Crypto Bank SEBA Launches With Range of Services
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  SEBA Bank is now fully operational with a range of services to bridge the gap between the crypto world and traditional banking. Licensed in Switzerland, the bank’s crypto services include asset management, trading, custody, and financing. Its wallet app, e-banking, and card enable customers to convert between cryptocurrencies and traditional investments such as stocks, bonds, […] The post Swiss Crypto Bank SEBA Launches With Range of Services appeared first on Bitcoin News. https://news.bitcoin.com/swiss-crypto-bank-seba-launches-with-range-of-services/
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  Bitcoin History Part 20: BTC Reaches $1
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  It was a milestone that Bitcoin loyalists had long anticipated. Nevertheless, a toast was in order the day BTC reached parity with the US dollar. February 9, 2011 was the historic date, and over on the Bitcointalk forum, talk inevitably turned to what this meant for the nascent cryptocurrency. Also read: Bitcoin History Part 19: […] The post Bitcoin History Part 20: BTC Reaches $1 appeared first on Bitcoin News. https://news.bitcoin.com/bitcoin-history-part-20-btc-reaches-1/
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  Spend 10 Cryptocurrencies With These Debit Cards
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  Debit cards linked to crypto wallets have been a useful payment tool for users who want to be able to spend their cryptocurrencies almost anywhere. Offerings in the segment have been changing over time due to various reasons including regulatory challenges in different markets. Fortunately, though, new products and services are also being introduced. Here’s […] The post Spend 10 Cryptocurrencies With These Debit Cards appeared first on Bitcoin News. https://news.bitcoin.com/spend-10-cryptocurrencies-with-these-debit-cards/
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  Evercoin Launches Bitcoin and Cryptocurrency Hardware Wallet
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  At New York Consensus Invest Summit, Evercoin Inc. today announced Evercoin 2, the “safest hardware wallet”. Evercoin 2 provides a wallet and exchange for bitcoin and other cryptocurrencies featuring a hardware wallet the size of a house key powered by YubiKey 5ci, the first implementation of its kind. Prior to this, users wanting hardware security relied on large, difficult to use and not mobile-first first-generation hardware wallets like Ledger and Trezor. Now every compatible YubiKey owner can download a free hardware wallet. The post Evercoin Launches Bitcoin and Cryptocurrency Hardware Wallet appeared first on Bitcoin News. https://news.bitcoin.com/evercoin-launches-bitcoin-and-cryptocurrency-hardware-wallet/
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  Venezuela Becomes ‘Dollarized’ as Citizens Seek Refuge in Alternative Solutions
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  Venezuela has been suffering from rapid inflation as the purchasing power of the sovereign bolivar has become near worthless. Over the last few weeks, Venezuelans have been dealing with blackouts throughout major cities, making credit card readers useless. Additionally, citizens are dependent on remittances from overseas and last month the country became ‘dollarized’ as more […] The post Venezuela Becomes ‘Dollarized’ as Citizens Seek Refuge in Alternative Solutions appeared first on Bitcoin News. https://news.bitcoin.com/venezuela-becomes-dollarized-as-citizens-seek-refuge-in-alternative-solutions/