Diving into Bitcoin Tax Reporting
Cryptocurrency is, fundamentally, a type of virtual currency that utilizes strong cryptography to encrypt financial transactions and regulate currency production. Since cryptocurrencies are developed using blockchain technology, there is no central body that governs them. Bitcoin happens to be the…
How Businesses are Using Blockchain Technology
Businesses that are looking for ways to leverage technology for their growth should be looking at blockchain. As well as being the foundation for Bitcoin and other cryptocurrencies, it also offers a range of other uses that can enhance businesses…
Bitcoin: an unsuspecting villain responsible for pumping up CO2?
Most of the time, when we think of carbon emission, we get images of coal-fuelled power stations and towering chimneys. Or columns of cars, stuck in a gridlock or traffic jam. But this is a time for a reality check….
Japan’s Metropolitan Police Department Arrests Pair Over Illegal Outflow NEM Transaction
The Metropolitan Police Department (MPD) arrested two men on March 11 on suspicion of illegally exchanging the cryptocurrency NEM (ticker: XEM) into another virtual currency. The Nikkei newspaper reported that the men are believed to have received approximately 24 million…
Tong Jerky
The story of Tong Jerky started back in 2010 when the founders were in college together in Los Angeles. They traveled extensively looking for the best meat produce to eat, which is how they discovered biltong, a traditional South African…
Two Biggest Scams in the Crypto history
It has now been over 11 years since Bitcoin has become known to the public. Since then, it has gone through so many ups and downs, that to track even its highlights would be an impossible task. In the beginning,…
How Chinese Regulations Affect the Price of Bitcoin and Direction for the Future
As of March 2020, China has a ban on cryptocurrency transactions, but up until now it has used cryptocurrency regulations on a number of occasions to influence the price of Bitcoin (BTC). Below is a summary of how Chinese authorities’…
Bitcoin Is Being Pulled in Different Directions by the Coronavirus and Easy Money
The price of bitcoin has continued to fall. It is in a continuing fight to hold on to the US$8,300 level, a key technical indicator level since the start of the year. While bitcoin is known as a safe…
Major Japanese Cryptocurrency Exchange Coincheck to Start Handling QTUM
Coincheck, a major cryptocurrency exchange in Japan, announced on February 25 that it will begin handling the cryptocurrency Qtum (pronounced “quantumâ€; QTUM). The exact timing for the start of Coincheck’s handling of QTUM and other details have not yet been…
Major Japanese Cryptocurrency Exchange Coincheck to Start Handling QTUM
Coincheck, a major cryptocurrency exchange in Japan, announced on February 25 that it will begin handling the cryptocurrency Qtum (pronounced “quantumâ€; QTUM). The exact timing for the start of Coincheck’s handling of QTUM and other details have not yet been…