Blockchain gets down and dirty fighting fraud at California’s DMV
It’s not the world’s first chain-based property transfer protocol, but it could be one of the most impactful, given its scale and prominence.
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Elon Musk reminds followers he really isn’t Dogecoin’s master
Musk's tweets have been credited with markedly influencing the value of the meme cryptocurrency. 2299 Total views 2 Total shares Tesla CEO Elon Musk reminded Twitter followers on Tuesday that despite the recent interest he’s taken in Dogecoin (DOGE) he still has no formal authority over the project.Musk was replying to a comment from a…
2019: A Berlin Odyssey — 7 Days of Crypto-Living on Monolith’s ETH Debit Card
“YOU’VE TRANSCENDED. You are here because you’ve opened your eyes to a new type of society; one powered by a decentralised economy and full of shimmering new possibilities.” This is not the calling card for a new religion. This is what new Monolith customers are met with when opening up the box for the first time.…
Crypto super brands are closer than you think
There’s nothing stopping crypto platforms from becoming super brands.
Canadian Teen Charged for $50 Million Cryptocurrency Theft
An eighteen-year-old from Montreal is facing four criminal charges connected to a $50 million SIM-swapping scam targeting cryptocurrency holders, Infosecurity Magazine reported on Jan. 17.The hacker, Samy Bensaci, is accused by Canadian authorities of being part of a ring that stole millions of dollars in cryptocurrency from American and Canadian holders. The theft is said…
Tax law researchers propose IRS framework for deducting crypto losses
Researchers at Indiana University and the University of Maine recently published a study examining the current state of cryptocurrency tax law in the United States. The research concludes with recommendations for the Internal Revenue Service (IRS) that, if adopted, would prevent taxpayers from weighing crypto losses against other capital gains.The paper, dubbed simply “Crypto Losses,”…
Binance limits withdrawals in Europe, cites payment processor issues
In a deleted customer service message, Binance said that the failed withdrawals were caused by temporarily suspended EUR transactions through SEPA. Binance cryptocurrency exchange customers are allegedly facing troubles with fiat withdrawals in Europe due to issues related to the Single Euro Payments Area (SEPA) transfers.The exchange has allegedly suspended euro withdrawals and deposits via…
Traders, analysts offer mixed reactions to El Salvador’s BTC announcement
While some made out the announcement from a Lightning Wallet developer to be historic, the market seems to think it's ho-hum. 1958 Total views 4 Total shares While it was billed as the “one of the biggest announcements in Bitcoin's history,” the market seems to be puzzling over the landmark reveal that El Salvador’s sitting…
Venezuelan Exchange Rolls Out Crypto Debit Card With Petro Support
Two Venezuelan companies have partnered to release a cryptocurrency debit card and point-of-sale (PoS) system.“Crypto transfer device” supports four currenciesAccording to a social media release by state-sanctioned exchange CriptoLAGO on Oct. 1, the joint offering with so-called “investment cryptobank” Glufco is already taking orders. A translated part of the announcement states: “What we were waiting for,…