There has been a lot of hype around blockchain technology, including predictions for how it can make communications and data sharing more secure.There are exciting possibilities for blockchain as a valuable platform for security professionals to protect important data. Yet the key features that advocates point to, such as the ability for participants to remain […]
Hackers said to be sponsored by North Korea have found a novel way to attack Apple Macs, according to research published on Sunday. The so-called Lazarus Group, considered by the U.S. government and numerous cybersecurity companies to be sponsored by North Korea, are trying to get into Macs via some fake cryptocurrency software created by a […]
The US Internal Revenue Service (IRS) issued updated guidance for calculating taxes owed on cryptocurrency holdings yesterday. It’s the organizations first update in five years and it asks more questions than it answers.In short, the IRS has firmed its stance that cryptocurrency should be taxed under the same rules as any other property or capital […]
Last year, West Virginia became the first state to test out a new voting mechanism that would allow remote voters to make their selections over the blockchain. The goal was to make it easier for state residents not physically in the state, such as those serving overseas in the military, to participate in elections and […]
The U.S. Internal Revenue Service (IRS) has published its first guidance in five years for calculating taxes owed on cryptocurrency holdings.Industry members have been eagerly awaiting the update since May 2019, when IRS Commissioner Charles Rettig said the agency was working on providing fresh guidance. The agency’s 2014 guidance left many questions unanswered, and the […]
New York state’s financial regulator is hiring a specialist with expertise in the field of virtual currencies and blockchain, per a recently published announcement.The Department of Financial Services is looking to hire a Deputy Superintendent in the Research and Innovation Division, with a background in cryptocurrencies, blockchain, distributed ledger technology and other related fields. The […]
With politicians like Beto O’Rourke pushing banks and credit cards to stop doing business with the firearms industry gun owners are looking for gun-friendly alternatives to credit cards.One way to defeat the efforts of the anti-gun politicians is to start expanding the use of cryptocurrencies. A cryptocurrency is a decentralized currency based on blockchain technology. […]
The Vanguard Group is testing a blockchain-powered platform that will allow asset managers to trade currencies while avoiding the big investment banks.On Oct. 3, Bloomberg reported that the United States-registered investment advisor group, Vanguard, is going after a piece of the global currency market that handles $6 trillion each day and is dominated by firms […]
If asked 5 years ago if you’d rather have a Bitcoin or a single ounce of gold, you probably wouldn’t bat an eyelid, unless it was a stunned reaction to the audacious question. Until two years ago, the notion that the value of Bitcoin would ever come close to that of gold was unimaginable.Yet, in […]
Crypto is a constant learning curve. Keeping pace with developments in bitcoin, blockchain, and the ever-evolving cryptocurrency ecosystem feels like a full-time job, and that’s just for experienced heads. For novices, it’s tough enough working out where to even start. While crypto wisdom accrues over time, there’s now an array of resources to jumpstart your […]
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