Business

Internal Revenue Service Sends New Round of Letters to Crypto Holders

[ad_1] Last week, the United States Internal Revenue Service sent another round of letters to crypto traders called CP2000. These notices were sent to traders of some crypto exchanges due to inconsistencies found in their tax reports.Using the information provided by third-party systems — such as crypto exchanges and payment systems — the IRS has been able to determine the amounts traders owe and included the amounts in dollars in
Business

Kraken OTC Head: Bitcoin Is Not Safe Haven Yet

[ad_1] Head of over-the-counter (OTC) sales at cryptocurrency exchange Kraken Nelson Minier compared today’s cryptocurrency trading industry to how Wall Street used to be, adding that it is still too soon to call Bitcoin a safe haven for investors.During the Nasdaq TradeTalks interview published on Aug. 22, Minier stated:“Wall Street ain't what it used to be. The first 15 years I was on Wall Street, it was fun. I was
ALTCOIN

Is the Former Champion Involved In Crypto?

[ad_1] United States boxing legend Mike Tyson has denied a connection with the cryptocurrency project Fight to Fame, which is suspected of financial fraud. He announced it in a Twitter post on Aug. 15:“I am not involved with Fight to Fame or their countdown website, nor will I be involved with anything related to Fight to Fame now or in the future. Any media reporting my current involvement isn’t accurate.”The
Business

Waves DEX Now Supports Ethereum-Based ERC-20 Tokens

[ad_1] Blockchain platform Waves added support for Ethereum-based (ETH) ERC-20 standard compliant tokens to its decentralized exchange (DEX).On Aug. 22, the platform announced that Waves’ built-in DEX began supporting ERC-20 tokens. Recently, Waves team also launched a new gateway with Vostok and Ergo tokens support.High hopes for the featureWaves’ team also expressed hope that the new feature will have a positive impact and will attract new traders and assets to
BLOCKCHAIN

Crypto Industry Direly Needs Specialized Education, Says Ripple Exec

[ad_1] Cryptocurrency firm Ripple’s head of social impact Ken Weber is confident that universities around the world must expand their education programs to offer blockchain and digital assets training courses that directly relate to actual roles in the industry.Blockchain workforce demand exceeds the supplyWeber addressed the lack of qualified blockchain workforce and relevant education resources in an interview with OpenAccessGovernment published on Aug. 20. He also cited a report which