IRS Crypto Reporting Letter: A Wake-Up Call No Matter Who Gets One
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Noone can deny the fact that the legendary Lamborghini, as a world widely known car brand, stands for prestige and guarantees high visual status for its drivers. In the recent years of cryptocyrrency revolution, the luxury brand of Lamborghini has become the emblem of success for many crypto enthusiasts,
Read MoreElliot Gunton, aged 19 and of Mounteney Close in Norwich, pleaded guilty to supplying online personal data and hacking services for cryptocurrency.A hacker for hireA press release published on Aug. 16 by the Norfolk police reports that the man was sentenced to 20 months in prison and ordered to
Read MoreThe Ripple price is a screaming buy, according to market analyst Naeem Aslam. But should investors tread with caution when it comes to XRP? | Source: ShutterstockBy CCN Markets: Since late June when the Ripple (XRP) price reached its 2019 high near $0.50, the cryptocurrency has plummeted nearly 50
Read MoreLondon-based banking alternative Monolith announced its partnership with decentralized finance companies Digix and MakerDAO, Aug. 15. As part of its drive for digital payment adoption in e-commerce, DGX, DGD and DAI tokens will now be loadable onto the Monolith Visa debit card.A critical bridge between the worlds of decentralized
Read MoreThe bitcoin price spiked after regulated futures platform Bakkt announced it had received approval to launch in September. | Source: ShutterstockBy CCN Markets: Bakkt, a bitcoin futures trading platform operated by ICE, the parent company of the New York Stock Exchange (NYSE), finally received approval from the Commodities and
Read MoreBakkt has announced the coming launch of its much-anticipated platform for daily and monthly futures in the United States in a blog post on Aug. 16. Having received approval from the necessary regulators, the launch is scheduled for Sept. 23. Bakkt’s physically delivered futures have been the subject of a
Read MoreAfter taking out a loan he couldn't afford to go all in on Ripple(XRP), the coin's market value fell by 40%. His response? Buy more coins! | Source: Shutterstock. Image Edited by CCN.By CCN Markets: A Twitter user who goes by the name of @XRPBallzD33p told his followers last
Read MoreA major power utility firm in Malaysia, Tenaga Nasional Bhd (TNB), has cried out following a huge lose it has recorded in the past months. TNB’s record shows that over $25 million was lost to Bitcoin(BTC)trade miners as of June this year.According to the report, TNB noted that some cryptocurrency
Read MoreThe Australian Tax Office has issued warning letters to 18,000 Self Managed Super Funds (SMSFs) for concentrating too much investment in one asset class. Under Australian law it is illegal to use more than 90% of retirement funds on a single class, such as property or cryptocurrency, as reported
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