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Category Archives: Bitcoin

Op Ed: Are You Paying Taxes on Your 2019 Bitcoin Gains?

Sep 10, 2019

Bitcoin Magazine

It’s no secret that the Internal Revenue Service (IRS) is starting to crack down on cryptocurrency traders who it suspects have been misreporting the digital asset on their taxes. The agency has reportedly sent out more than 10,000 warning letters, including 6174 and CP2000, alerting c...

Claims Lightning Network Users Could Lose Funds

Sep 8, 2019

Olusegun Ogundeji

Lightning Network (LN) "would be the easiest way to steal Bitcoin" if the layer 2 protocol ever reaches serious volumes, the founder of prediction market platform Gnosis has claimed. Martin Köppelmann outlined the step-by-step approach of how the double spend exploit can work out without r...

Infographic: How Crypto Is Disrupting the Financial Ecosystem

Sep 5, 2019

lylian Teng

“It’s gold for nerds.” — Stephen Colbert To idealists, it’s a brave new idea. To your parents, it’s a hipster fad. Civil libertarians see it as a tool to help us escape the oppression of banks and governments. Politicians see it as an illegal enabler of deep-web sites like the Silk R...