United States senators Mark Warner and Kyrsten Sinema, both Democrats from Virginia and Arizona, respectively, have introduced a new amendment to the infrastructure bill that would lessen the burden on cryptocurrency tax reporting for miners and wallet providers.  As Perianne Boring reported Saturday afternoon, the senators are endorsing an amendment […]

On Day 1 of CoinGeek Zurich, Kurt Wuckert Jr. moderated a panel of experts who talked about triple entry accounting on blockchain. One of them was Torje Vingen Sunde, the CTO of Abendum. He later joined CoinGeek Backstage where he broke down triple entry accounting, what the future holds for […]

The blockchain ecosystem, that is taking the world of technology by storm We are living in a world of rapid change and innovation. Everything around us is changing at an exponential rate and it is shifting the world from one idea to another, not simply to engage and impress people, […]

ZUG, Switzerland – August 6, 2021 – Bitcoin Association, the Switzerland-based global industry organisation that works to advance business with the Bitcoin SV (BSV) blockchain and digital currency, today confirms that two 1 gigabyte (GB) blocks were successfully mined on the BSV network – the largest blocks ever mined on […]

Prominent figures in the cryptocurrency space have continued to remark on the implied intensifying crypto-hostile atmosphere that was expressed by the US SEC Chair Gary Gensler on Tuesday, during the agency’s most elaborate commentary about its view on the cryptocurrency market. In so many words, Gensler said that the SEC […]

Key Takeaways The crypto industry is lobbying the Senate to accept the Wyden-Lummis-Toomey crypto amendment to the infrastructure bill. Treasury Secretary Janet Yellen has reportedly been lobbying Senators against the amendment, pushing for the more stringent White House-backed provision. The final vote on the amendment is due Saturday. Janet Yellen […]

Cloud mining is gaining momentum every day. The more cloud mining companies update their equipment, the more effectively the company continues to operate. Very often there is a hunt for the latest processors or video cards for mining, since their number on the market is limited. Smart Hashes is a […]

The US Securities and Exchange Commission (SEC) has charged two Florida men and their Cayman Islands-registered firm for selling more than $30 million worth of unregistered securities on decentralized finance (DeFi) platform. Friday’s press release further elaborated that two defendents, Gregory Keough and Derek Acree, also misled investors with falsified […]

The White House has endorsed an amendment to the $1 trillion Infrastructure bill that supports proof-of-work over all other consensus mechanisms. However, the crypto community is supporting a different amendment. White House Takes Stance on Infrastructure Bill’s Crypto Tax Amendment The White House has endorsed an amendment to the Infrastructure […]

The National Bank of Cambodia (NBC) continues progressing with its central bank digital currency-like initiative known as Bakong, disclosing several project milestones. NBC’s director-general and the Bakong project lead Chea Serey said in a Wednesday interview with The Nikkei that Bakong’s electronic wallet reached 200,000 users in June, doubling from three months […]