Posted Date: March 25, 2018
The United States Internal Revenue Service (IRS) recently published a document reminding taxpayers that income derived from virtual currency transactions must be reported on income tax returns. The IRS states that taxpayers who fail to report virtual currency earning may be audited or made liable for “penalties and interest.” Also Read: Bitcoin Adoption Grows in Ugandan […] The post IRS Reminds Taxpayers to Report Virtual Currency Earnings appeared first on Bitcoin News.

Posted Date: March 25, 2018
On March 24, the mining operation Slush Pool announced it had mined a block using the controversial ASIC Boost protocol and did so using a Halong Miner. The news follows the pool revealing it was compatible with ASIC Boost which sparked up a heated debate just recently. Also read: What is Asicboost? — An Interview With […] The post Slush Pool Mines the First ASIC Boost Block Sparking More Debate appeared first on Bitcoin News.

Posted Date: March 25, 2018
With diminishing returns, increased demand, and pre-sales muscling out public sales, profiting from ICOs in 2018 is a tall order. Just to add to investors’ woes, the percentage of tokens allocated for public sale is also on the decline. On average, ICOs now keep more of the pie to themselves and dole out increasingly slender […] The post ICOs Are Keeping More of the Pie to Themselves appeared first on Bitcoin News.

Posted Date: March 25, 2018
Gambling can be exciting. That’s what EtherSpin is here to offer the next wave of cryptocurrency enthusiasts. EtherSpin offers tons of advantages over existing platforms such as universal cryptocurrency gambling. But if you’re an investor, it’s much cooler to see your investments take off and make huge returns. The best time to join is before the herd. The EtherSpin public ICO has just started today. The post PR: EtherSpin – The Gambling Platform ICO for Long Term Investors appeared first on Bitcoin News.

Posted Date: March 24, 2018
The Satoshi Revolution: A Revolution of Rising Expectations Section 2: The Moral Imperative of Privacy Chapter 6: Privacy is a Prerequisite for Human Rights The Satoshi Approach to Privacy. (Chapter 6, Segment 5) The traditional banking model achieves a level of privacy by limiting access to information to the parties involved and the trusted third […] The post Wendy McElroy: The Satoshi Approach to Privacy appeared first on Bitcoin News.

Posted Date: March 24, 2018
The largest tax filing platform in India, Cleartax, together with Zebpay, one of the leading Indian cryptocurrency exchanges, is uniting efforts to help Indians with their crypto taxes. The partnership aims to educate bitcoin investors and traders about the current tax laws and how they apply to reporting cryptocurrency incomes and profits. Also read: 0 […] The post Tax Filing Platform Teams with Zebpay to Help Crypto Taxpayers in India appeared first on Bitcoin News.

Posted Date: March 24, 2018
The Court of Amsterdam has found that bitcoin possesses “properties of wealth” following a civil rights case. Dutch repossession laws have been invoked to mandate the repayment of 0.591 BTC obliged by a contract between two individuals relating to bitcoin mining. Also Read:The Race Between Segwit and Bitcoin Cash Is Heating Up  Dutch Court Publishing […] The post Dutch Court Rules That Bitcoin Has “Properties of Wealth” appeared first on Bitcoin News.

Posted Date: March 24, 2018
On April 25, 2018, VR Technology, the OKOIN project owner and ICO establisher, will officially present the OKO Pay global payment system based on blockchain and smart contracts. The OKOIN project was initially developed for the internal needs of the company to sell VR OKO headsets and the relevant content all over the world, even in the countries where the “18+” industry is legally restricted. With the environment development, however, many partners have become interested in the system: production studios, sex shops, erotic clubs, etc. The post PR: OKO Pay Is a New Global Payment System in the OKOIN Environment appeared first on Bitcoin News.

Posted Date: March 24, 2018
Media outlets are touting what would amount to a major shake-up of cryptocurrency exchanges, Bitarg Exchange selling off a little less than half its business to Yahoo Japan. Reports even detailed how Yahoo Japan (YJFX) would then launch still another exchange built on Bitarg’s system by spring of next year. As of March 23, Bitarg […] The post Japan Exchange Bitarg Denies Yahoo Acquisition Press Reports appeared first on Bitcoin News.

Posted Date: March 24, 2018
US Department of Justice formally sanctioned an Iranian company and nine Iranian nationals for broad, worldwide hacking schemes against government outlets, universities, energy concerns, and private companies. Among the over half dozen hackers named was the alleged perpetrator of the Home Box Office (HBO) compromise and subsequent bitcoin ransom. The wildly popular HBO drama, Game […] The post Game of Thrones Bitcoin Hacker Included in Broader Iranian Sanctions appeared first on Bitcoin News.