Business
Watch out for the deadly side of cryptocurrency, warns Bill Gates
Cryptocurrency has blown up in in the tech community for a long while now. While there are many fans of the cryptocurrency, there are also others, like Bill…
Cryptocurrency
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Cryptocurrency explained and reported: crypto taxes, paying employees in crypto, bitcoin, exchanges like Coinbase, SEC fraud cases and policy shifts.
Business
Woz was scammed out of over $70,000 worth of Bitcoins
Apple co-founder Steve Wozniak had apparently fell victim to an old school internet scam and had his bitcoin taken from him. While speaking at The Economic Times of…
Cryptocurrency
Per bankruptcy documents, 50 Cent admits he never actually owned any bitcoin
It appears that 50 Cent never actually owned any bitcoin. The rapper admitted that he in fact did not make $8 million in bitcoin by accepting the cryptocurrency…
Cryptocurrency
Coinbase tells 13,000 users that it will soon send their data to the IRS
On Friday, Coinbase told its customers that it's going to comply with a court order and hand over around 13,000 customers' data to the IRS within 21 days.…
Cryptocurrency
Now live: Zero-fee stock trading app Robinhood brings commission-free cryptocurrency trading
Robinhood, the zero-fee stock trading app, has announced its plan to enable users to buy and sell Bitcoin and Ethereum last month. The company is now making good…
Business
Salon is apparently asking ad-blocking users to opt into cryptocurrency mining instead
It appears that media outlet Salon is testing an interesting alternative for users that use ad-blocking. The outlet wants to engage in mining cryptocurrency through readers' computers. If…
Business
Three major banks say they will not allow cryptocurrency transactions with their credit cards
If you want to take advantage of the Bitcoin craze and put it on your credit card, you may be out of luck there. According to a report…
Business
Samsung is now working to make chips specifically designed for cryptocurrency mining
Samsung is very well know for its semiconductor business and how well it's doing. The company recently took over Intel as being the world's biggest chipmaker. Samsung is…
Business
Hackers who stole cryptocurrency from Coincheck are trying to sell it
Last week, news broke out that hackers managed to steal around $534 million worth of cryptocurrency XEM from Tokyo-based exchange Coincheck. Now, according to Reuters, the hackers behind…
Business
Facebook issues a ban on ads promoting cryptocurrencies
In an interesting turn of events, it seems that Facebook has decided to make a move on cryptocurrency advertising on its platform. The social media giant has announced…
Cryptocurrency
Starting April 23, Stripe will not longer accept bitcoin
Stripe announced today that it will not longer be supporting bitcoin payments starting April (via TechCrunch). The company started accepting bitcoin payments back in 2014, but has come…
Business
India is looking to collect taxes from its cryptocurrency investors
India's income tax department has sent out notices to thousands of people that are dealing in cryptocurrency. The department learned that $3.5 billion worth of transactions have been…
Cryptocurrency
Bitcoin today dropped around 50 percent from its peak value
Bitcoin has now dropped below $10,000 as of today. The cryptocurrency is now worth just over half of its peak value. According to CoinDesk, Bitcoin opened at $11,348,…
Business
For a limited time, KFC Canada will sell you chicken for Bitcoin
We know that over the years, KFC has done some pretty weird stuff when it comes to attracting customers. Whether it's a strange VR cooking experience or suggesting…