As with any new area of investment, cryptocurrencies have prompted potential investors and analysts to ask many questions. In the past couple of years, digital currencies have experienced significant boosts in popularity, and there are persistent untruths, myths, and rumors about the space in general and about certain coins and tokens in particular. Below, we’ll take a look at some of the most common myths about digital currencies, and we’ll explore whether or not each contains some truth.
Coinbase customers who need to file taxes in the U.S. this year can get a boost from TurboTax, the tax-filing software offered by Intuit Consumer Tax Group.
Blockchain is a disruptive technology that’s poised to change the world and have a major impact on a number of industries in the coming years. Given the interest from potential employers and students alike, some of the most prestigious academic institutions in the world are indeed offering blockchain/cryptocurrency courses and, in some cases, even degrees.
On January 3, 2009, the first event on the Bitcoin blockchain happened, known as the genesis block. Now, a decade later, The cryptocurrency community is being urged to participate in a event dubbed, “proof of keys.” The event advocates for people to remove all their cryptocurrencies from third-party crypto exchanges and similar services on January 3, 2019.
Why would a person be insane enough to think that Bitcoin and cryptocurrencies have a future when…
Wash Trading Exists on Majority Of Cryptocurrency Trade Volumes According to Blockchain Transparency Institute
Although the legal framework for the regulation of cryptocurrencies is not yet set in stone, there are some basic trading activities that are understood to be illegal and constitute a crime. One example is insider trading. Another example is known as wash trading.
When buying/selling/sending/receiving cryptocurrencies, it is extremely important to practice ‘Good Cyber Hygiene’ and securely maintain your private keys. One of the most secure ways of doing this, is by using “cold wallets” like a Ledger Nano S.
Coincheck Inc. President Koichiro Wada spoke at a press conference Friday in Tokyo. On Sunday, the company said customers holding the cryptocurrency NEM would be paid back following a cyberattack in which some $530 million of the cryptocurrency was lost.PHOTO: TAKUYA INABA/ASSOCIATED PRESS TOKYO—Japanese exchange Coincheck Inc. said Sunday it would spend up to ¥46.3…
Japanese cryptocurrency exchange Coincheck says Friday that around 523 million of the exchange’s NEM coins were sent to another account around 3 a.m. local time. The stolen coins were worth about 58 billion yen at the time of detection, or roughly $534.8 million, according to the exchange. Coincheck management says it held the NEM coins in…