Ted Budd, the representative of North Carolina’s (NC) 13th congressional district has submitted a tax proposal to the United States House of Representatives. This bill focuses on enhancing how the Internal Revenue Service (IRS) handles cryptocurrencies in order to eliminate the profits and losses surrounding like-kind exchanges. No More Double Taxation Budd seeks to revise the 1986 Internal Revenue Code […]

Just like numerous other technology companies, Samsung has done its fair share of researching the potential of blockchain technology and cryptocurrencies. So far, the South Korean giant has already implemented blockchain solutions at an enterprise level. The developments that we’re about to talk about have been covered while they were in rumor-phase right here. Since then, several aspects have changed. […]

A big percentage of bitcoin’s transactions are in one way or another related to gambling. This comes as no surprise, as bitcoin’s lack of real world identity and overall network neutrality means that there cannot be any interruption between players and gambling platforms. Back in 2013, it was assumed by researchers, that online gambling accounted for nearly half of bitcoin’s […]

  One of the latest news in the Blockchain and Crypto Currency communities is that Bitcoin (BTC) will be subjected to a “Coin-Split” before long. The split between the Blockchain and network can happen if the bulk of miners (through hash power) shift to Bitcoin Unlimited (BTU). Then, they choose to mine blocks higher than 1 Megabyte while other users […]

Following the 4 year anniversary of the 120k BTC theft, Bitfinex has published a reward of up to $400 million USD for the recovery of the lost assets. The value of these assets today would be $1.34 billion USD, with the reward representing 30% of the total amount. Interestingly, this offer is also extended to the hackers themselves, should they […]

Paul Tudor Jones says investing in Bitcoin is an inflation hedge with intellectual capital behind it Key Takeaways: Paul Tudor Jones has been actively investing, trading, and managing billions of dollars since 1980.  Reuters has described him as a legend of macro traders. Paul Tudor Jones is a “single-digit” Bitcoin investor and his investment has gained 42% in value since […]

Somewhat of a paradox with bitcoin’s use cases is that as demand grows, certain aspects of it perform worse and worse; something that can happen even when the price rising. An apparent price rally lead bitcoin prices above previous all time highs, for it to keep trading above $2000 levels. Many vital parts of the bitcoin economy benefit greatly from […]

Bitcoin’s price surged above $66,000 after declining for a few days, only to be knocked down by the bears again. Just a few days ago, bitcoin made the new all-time high of $69,000 due to the high U.S. inflation figures, but soon entered a declining channel as the news of interest hike flied around the market.  Although it has fallen […]