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In a juicy little chunk of news from the Redditsphere, a user claiming to be a former IRS employee has called the agency’s new crypto compliance letters “broad and very error-prone fishing expeditions.” The throwaway account details the “really bad data” used by the agency, saying they’re operating mostly from guesswork, casting broad nets and … Read more
My name is Carsen Klock, I am a 27 year old developer, designer, and technology professional. This is a short story about my journey through cryptocurrency since 2009. It was 2009. I was a Junior in High School. A smart eccentric friend of mine at the time showed me this witty website where you would … Read more
Since the Indian government unveiled a draft bill to ban cryptocurrency, the crypto community has ramped up its efforts to influence the government’s final decision. The community has plans to reach out to parliament members to show them how flawed the crypto recommendations the government is examining are. Also read: G20 Leaders Issue Declaration on … Read more
On July 23, U.S. Attorney General William Barr gave a speech demanding big players in the tech industry work with government agencies in providing backdoor entry points for encrypted devices and software. Per his reasoning, certain devices and messaging services pose a safety threat by providing a secure, third-party-inaccessible area where crime can rapidly proliferate. … Read more
Lawsuits have become increasingly common in the cryptocurrency world over the past few years. Given the number of scams, hacks, and shady businesses going around, that shouldn’t come as too much of a surprise. BTC-E, one of the more notorious platforms in history, is now facing a $100m lawsuit courtesy of the Trump administration. Another … Read more
Given the current Bitcoin price momentum, it has become somewhat difficult to make sense of the market trends. That situation will not necessarily change in the near future, as ups and downs will continue to occur intermittently. Thomas Lee, a well-known crypto bull, claims Bitcoin will see a major reversal over the course of the … Read more
The Indian government official who headed the committee which drafted the bill to ban cryptocurrencies has applied for voluntary retirement after releasing the report and draft bill which the crypto community calls “flawed.” Meanwhile, the government has confirmed that cryptocurrency is currently not prohibited in the country and the recommendations are being examined by relevant … Read more
Many merchants are reluctant to accept crypto, but a payment platform says digital currencies can offer surprising benefits to online and offline retailers #SPONSORED Go to Source Powered by WPeMatico
The Indian supreme court has set a new date to hear the crypto case that was originally scheduled to be heard on July 23. The court is expected to address the writ petitions against the RBI banking restriction as well as the government’s report and the recently released draft crypto bill. Also read: Indian Government … Read more
Pbet has come up with a complete blockchain crypto-based gaming platform that will redefine the existing casino industry and lead to a fair, trusted, transparent, more secured and affordable casino ecosystem. The post PR: Pbet Raises Storm in Casino Space With Blockchain Solution appeared first on Bitcoin News. Go to Source Powered by WPeMatico