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US Tax Authority Makes Issuing Cryptocurrency Guidance a Priority

The US Internal Revenue Service (IRS) has recently issued a letter, claiming that drafting the tax guidance for crypto-related activities has been made its top priority. Specifically, the letter...

Mary T. | May 23, 2019 04:15

Facebook to Set Up Fintech Firm “Libra” in Switzerland

Facebook, the world’s leading social media platform, has set up a new fintech firm named Libra Networks LLC in Switzerland, which was said to be one of its secretive internal cryptocurrency...

Tracy Hannes | May 21, 2019 04:45

Coinbase Earn Lets Users in 100 Countries Study and Earn Cryptocurrency

Coinbase, the leading US-based cryptocurrency exchange firm, has announced that users in more than 100 countries can complete educational tasks in Coinbase Earn to earn cryptocurrency. According to...

Robin Wong | May 21, 2019 04:16

Coinbase Managing $1 Billion of Crypto in Custody, CEO Brian Armstrong Revealed

Brian Armstrong – CEO of the US-based, high-profile crypto exchange platform Coinbase – has reportedly revealed that the custody service at the exchange is currently managing no less than...

Daniel T. | May 19, 2019 04:25

Fidelity Investments Seeks New Faces for Its Digital Assets Wing

Fidelity Investments – a US-based investment management firm – is currently in search of suitable candidates to work on its crypto custody wing – Fidelity Digital Assets. The job...

Robin Wong | May 19, 2019 03:34

This Week: Bitcoin Price Reaches $8,200, Gold Reaches Its Highest Peak since April

As Coin360 has just updated yesterday, the 20 top cryptocurrency coins are all in the green zone after having some losses in the last couple of days. The price of bitcoin, the current leading...

Anne W. | May 17, 2019 04:30

Facebook Appointed 2 former Coinbase Employees as Its New Compliance Professionals

The giant social media corporation Facebook has reportedly hired two fresh compliance professionals, both have formerly been an employee for the US-based, high profile crypto exchange platform...

Chris Torres | May 17, 2019 04:15

Newly Introduced TTA to Create De Minimis Tax Exemption for Crypto Gains

The newly reinvented Token Taxonomy Act (TTA) will form a de minimis tax rule – exempts all crypto transaction that does not reach the $600 threshold – to be taxed as capital gains....

Tracy Hannes | May 16, 2019 04:00

Scalability of ETH Will Increase 1,000 Times in 2 Years, said Joseph Lubin

The scalability of Ethereum (ETH) blockchain will increase 1,000 times in the next 2 years, said ETH co-founder Joseph Lubin. In an interview, Lubin stated that Ethereum 2.0, also known as Serenity,...

Chris Torres | May 15, 2019 04:20

Stablecoin Project Reserve To Launch Trading App in Venezuela to Fix Hyperinflation

Stablecoin initiative Reserve has just announced its expansion of payments app that convert fiat to crypto in Venezuela and Angola. The firm also introduced its launching for its token Reserve Rights...

Anne W. | May 14, 2019 04:00